LG’s mobile business is still making big losses

 LG’s smartphone business still continues to lose money at an alarming rate. The Korean firm cut its losses in its Q4 2017 financial period to minus RKW 213.2 billion ($192.33 million), up from KRW 375.3 billion ($331.37 million) in the previous quarter, but there’s is no sign that things will drastically change any time soon. LG Mobile has posted just one quarter of profitability… Read More

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LG has come up with a surprisingly interesting way to apply AI to TV

 Generally speaking, at CES and elsewhere, when a company says something is powered by AI, they’re blowing smoke. And while smoke was definitely blown at LG’s otherwise unremarkable press conference this morning, the company also announced it was applying AI in a way that’s both unexpected and smart: intelligently enhancing TV images using computer vision. Read More

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LG’s new robots deliver food and double as shopping carts

 Robots are hard. Softbank has pumped a bunch of money into them, and the best it’s come up with so far is Pepper, a friendly humanoid that stands outside of stores and restaurants, tablet in-hand. LG announced this time last year that it was planning to move before vacuuming cleaners, into a wider world of robotics, and thus far, its own products have followed a similar route.
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LG shakes up its struggling mobile division with new top executives

 If you’ve stopped paying attention to LG in the last couple of years, you’ll learn everything you need to know from the first paragraph of its latest press release that highlights a “sweeping realignment to better address the challenges ahead.” The company’s in a tough spot. It makes good and innovative phones, but just seem to make a dent in a crowded mobile… Read More

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Black Friday’s best tech bets

 Thanksgiving is all about family, friends and gratefulness. The following day, on the other hand, is dedicated to rampant consumerism and generally attempting to not get trampled by a stampede of fellow deal seekers. In honor of making your Thanksgiving weekend slightly less stressful than it has to be, here’s a roundup of some of the best tech deals you’ll find a week from today. Read More

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LG’s mobile business can’t stop losing money

 Korea electronics giant LG continues to show the world that making a profit, or even breaking even, from selling smartphones is no easy thing. LG Mobile has posted just one quarter of profitability over the last two years, that was six months ago during the first quarter of sales of its new flagship, the LG G6, when it eked out a $3.2 million profit. Previous to that, you have to go way back… Read More

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LG to open Europe’s largest EV battery factory in Poland next year

 LG is opening Europe’s largest factory for building lithium-ion batteries destined for use in electric cars, the company announced. Its LG Chem division is going to open the doors for the facility in 2019 in Poland near Wroclaw, per Reuters, and the facility will be able to supply as many as 100,000 EV batteries per year beginning from next year. For comparison, Panasonic’s… Read More

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