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LG's handsets unit swings to operating loss but sales up
2014-01-27 01:00:00| Total Telecom industry news
Spending on marketing and price competition hits South Korean vendor's results.
LG's G Flex Muscles Into US, Europe
2014-01-21 22:33:32| TechNewsWorld
LG Electronics has revealed initial plans for the rollout of its curved screen LG G Flex handset in the U.S. and Europe. Until now, the LG G Flex has been available only to consumers in Asia -- namely in LG's home market of Korea, as well as Hong Kong and Singapore. Sprint will sell the device in the U.S. beginning Jan. 31 through its online store and Feb. 7 at retail locations.
LG's WebOS TV to Include Voice, Gesture Commands
2014-01-06 17:34:41| PC Magazine HDTVs Product Guide
LG's Korean branch has already revealed the webOS TV system ahead of today's keynote at CES in Las Vegas.
Tags: include
voice
commands
gesture
Alcatel-Lucent to sell LGS Innovations for USD 200 mln
2013-12-20 10:31:00| Telecompaper Headlines
(Telecompaper) Alcatel-Lucent announced a definitive agreement to sell its subsidiary LGS Innovations to a US-based company owned by a Madison Dearborn Partners-led investor group that includes CoVant. The divestment forms part of the commitments outlined by Alcatel-Lucent in its Shift Plan, to narrow its focus and reduce costs. The cash transaction agreed between Alcatel-Lucent and the Madison Dearborn/CoVant group will comprise a total amount of up to USD 200 million, of which 50 percent will be paid at closing and up to 50 percent in a subsequent variable component based on the subsidiary's performance in 2014. Closing of the transaction is subject to certain conditions, including US Government approvals, and is targeted to occur in the first quarter of 2014. LGS Innovations provides secure networking, satellite communications, VoIP, optical routers and other solutions for the US national security, defense, and advanced research communities. Madison Dearborn is a private equity firm, while CoVant is a holding company focused on acquiring and growing companies in the federal technology marketplace.
Tags: sell
usd
innovations
mln
LGs all-in-one Chromebase will bring Chrome OS, unfortunately, to the desktop
2013-12-18 15:02:35| Extremetech
In a weird and not entirely pleasant twist of fate, LG has announced a Chrome OS... kiosk. Well, technically it's an all-in-one PC, but given Chrome OS's minimal feature set, it is essentially a kiosk. Called the Chromebase, there's no word on pricing or availability yet, but given its chunky appearance and circa-2005 rounded bezels we're probably looking at somewhere in the region of $300 to $400.
Tags: bring
desktop
chrome
lgs
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