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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