Archive forOctober, 2011

LG THIRD-QUARTER 2011 FINANCIAL RESULTS

October 29th, 2011 by LG Blog UK
 
LG Electronics Inc. (LG) announced unaudited consolidated financial results based on IFRS (International Financial Reporting Standards) for the three-month period ending September 30, 2011. The sluggish global economy affected overall sales in the quarter, while losses on investments in affiliated companies led to a quarterly net loss. However, due to cost controls and efficiency improvements, operating income improved for all four companies compared with the same period last year. Sales and Profit LG posted consolidated third quarter 2011 revenues of KRW 12.9 trillion (USD 11.92 billion) a 4 percent decrease from the same period last year. The company reported an operating...
Read more

LG EXPANDS APPLIANCE PRODUCTION LINES IN EUROPE

October 21st, 2011 by LG Blog UK
 
LG Electronics today broke ground on the opening of a new production line in Wroclaw, Poland, capable of manufacturing one million washing machines and the expansion of a refrigerators line raising its output of refrigerators from 300,000 units to one million annually. The new production lines in Wroclaw will enable LG to respond better to a range of local consumer needs and demands. A key benefit is in the reduction of time required for shipment. Previously, washing machines and a large proportion of refrigerators were shipped from Korea and China, requiring more than a month for delivery to Europe. However,...
Read more

Multiplayer Gaming Goes Full Screen with LG Dual Play

October 20th, 2011 by LG Blog UK
 
Consumers were the real winners at the recent Grand Designs Live show at the NEC in Birmingham, and LG was doing its part to blow the audience away with new and innovative, consumer-friendly products like the awesome Cinema 3D Smart TV - LW980T. Dual Play was another great feature that we’ve introduced before and, like Pentouch TV, it had its UK maiden voyage in front of consumers at GDL. Hardcore gamers are hardcore for a reason, and LG definitely had this special group of consumers in mind when we made Dual Play. Many of them may have caught wind that this...
Read more

What is LG 6Motion Direct Drive?

October 17th, 2011 by LG Blog UK
 
What is "6 Motion"? 6 Motion is made possible thanks to LG’s Inverter Direct Drive motor which enables better control of the drum – from both a speed and rotation point of view, thus enabling different wash motions. The different wash motions are specific to how the drum moves and its effect on the clothes and although different motions may be more suited to different fabrics, LG’s engineers have found the optimum combination of wash motions to deliver the best performance and care for your laundry based upon the programme selected. Tumble (Basic Motion) Conventional wash motion where clothes are moved from the bottom...
Read more