News: LG Electronics Inc (LGEAF.PK)

LGEAF.PK on OTC Markets Group - US Other OTC and Grey Market

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Fri, Apr 24 2015

UPDATE 5-Apple Watch launches quietly at handful of big-city boutiques

* Apple has directed buyers to online ordering (Rewrites throughout, adds details)

EU court upholds LCD panel cartel fine for LG Display

BRUSSELS - The European Court of Justice upheld on Thursday a 210 million euro ($224.8 million) fine imposed on South Korea's LG Display for participating in a cartel of LCD panel makers between 2001 and 2006.

LG Display books four-year-high profit, downplays supply glut fear

SEOUL - South Korea's LG Display Co Ltd downplayed risks of a supply glut in the global panel market after reporting its best quarterly profit in more than four years, seeking to assuage fear about a sharp profit decline later this year.

Olympics-LG delivers timely boost for South Korean skeleton

SEOUL, April 2 - South Korean appliances maker LG Electronics has signed a three-year deal to sponsor the country's skeleton team ahead of the 2018 Winter Olympics in Pyeongchang.

Samsung Electronics, LG Electronics call off washer spat

SEOUL - South Korean rivals Samsung Electronics Co Ltd and LG Electronics Inc said on Tuesday they have agreed to call off all their legal disputes including a bitter months-long conflict over a set of damaged washing machines.

Samsung Electronics, LG Electronics agree to end legal disputes

SEOUL, March 31 - South Korean rivals Samsung Electronics Co Ltd and LG Electronics Inc said on Tuesday they have agreed to end ongoing legal disputes and work out future disagreements through dialogue.

Nearly 40 percent of iPhone owners interested in Apple Watch: poll

SAN FRANCISCO - About 40 percent of adult Apple iPhone owners in the United States are interested in buying the company's new Apple Watch, according to a new Reuters/Ipsos poll.

UPDATE 1-LG Electronics to move Thailand TV production to Vietnam - exec

BANGKOK, March 17 - South Korea's LG Electronics Inc, the world's second largest television maker after Samsung Electronics Co Ltd, will soon shift its TV production in Thailand to Vietnam for logistical ease and efficiency, said a top executive at its Thai unit.

LG Electronics to shift TV production in Thailand to Vietnam

BANGKOK, March 17 - South Korea's LG Electronics Inc, the world's second largest television maker, will shift its TV production in Thailand to Vietnam this year for efficiency, logistics and costs, a top executive at its Thai unit said on Tuesday.

Fitch Affirms LG Electronics at 'BBB-' with Stable Outlook

(The following statement was released by the rating agency) HONG KONG/SYDNEY, March 06 (Fitch) Fitch Ratings has affirmed LG Electronics Inc.'s (LGE) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) and senior unsecured rating at 'BBB-'. The Outlook is Stable. KEY RATING DRIVERS Maintaining Competitive Positions: Fitch expects LGE to maintain its competitive positions in the global flat panel TV, home appliance and smartphone markets. LG Display Co., Limited (LGD), which i

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