South Korea's Samsung Electronics and LG Electronics are considering moving some manufacturing of home appliances from their Mexican plants to their U.S. plants, a South Korean newspaper reported on Tuesday.
LG Electronics is betting on robotics as its next big growth driver. The South Korean electronics company said on Friday that it has agreed to acquire an additional 30% stake in Bear Robotics, a California-based startup it previously backed that is building AI-powered server robots for restaurants.
LG Electronics has been recognized as the most reliable appliance brand by Consumer Reports for six consecutive years since 2019. The company continues to expand its influence in the U.S., leveraging its premium products such as the WashTower and WashCombo. It was recently named “Best Partner” by Lowe’s, the largest appliance retailer in the U.S.
A major appliance maker is considering moving some of its operations from a Mexico facility to the U.S. after President Donald Trump considers 25% duties on imports.
LG Electronics dominates U.S. washing machine awards while trust in Chinese brands falters LG Electronics leads the way in washing machine excellence as skepticism towards Chinese brands increases.
In a direct stab at LG Electronics and their collection and sale to third parties of customers viewing and Internet data, German TV brand Loewe has said that they have “no plans” to collect data via their range of premium OLED TV’s “Under any conditions”.
LG Electronics announces 510% bonuses for vehicle division, 470% for home appliances LG Electronics reveals record performance bonuses for its vehicle and home appliance sectors.
As Donald Trump takes office with his "America First" agenda, South Korea's electronics and automotive industries are closely monitoring potential shifts in global trade policies. A major concern is the proposed 25% tariff on imports from Mexico and Canada,
SEOUL, Jan 21 (Reuters) - South Korea's Samsung Electronics (005930.KS), opens new tab and LG Electronics (066570.KS), opens new tab are considering moving some manufacturing of home appliances ...
Panasonic was once the biggest name in televisions, but then it abruptly left the US market. Why did the giant leave the states, and what brought it back?
The South Korea stock market has moved higher in two of three trading days since the end of the three-day losing streak in which it
Chinese brands are transforming the Korean market by offering affordable, high-performance products and leveraging e-commerce platforms to outcompete local competitors.