Month: July 2017

LG RELEASES PRELIMINARY EARNINGS FOR SECOND-QUARTER 2017

July 20, 2017

LG Electronics Inc. (LG) today announced its preliminary earnings results for the second quarter of 2017. . Tentative consolidated revenues for the second quarter of 2017 is nearly KRW 14.6 trillion with an operating profit of KRW 664.1 billion. Revenues are expected to be 3.9 percent higher with operating profit 13.6 percent higher than the [...]

LG HOM-BOT® INTELLIGENCE RATED HIGHEST BY ROBOTICS LAB

Exhibits “Child-Level” Intelligence, Top Among Competitors LG Electronics revolutionized the vacuum cleaner industry 16 years ago with the commercialization of one of the world’s first robotic vacuum cleaners. LG engineers took advantage of the head start and years of home appliance robotics experience to develop this year’s HOM-BOT® Turbo+, which was just recognized by Seoul [...]