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Tag Archives: LG

LG Energy Solution Posts Q1 2023 Results Sees Profits Swell More than Double

The US Inflation Reduction Act propelled LG Energy Solution to an astounding income haul in its Q1 2023 results.  LG Energy Solution Ltd recently posted its Q1 2023 earnings, revealing a more than double profit haul. For the first quarter of the year, the Seoul-based battery company posted a 145% jump in profit and a 101% revenue rise to 8.7 trillion won. LG Energy Solution’s reported operating profit for the year’s first three months was 633 billion won (S$633.1 million). A year ago, the...

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Amazon Is the Latest to Back Off from MWC Due to Coronavirus Concerns

Amazon has joined a number of big exhibitors that have already pulled out of the world’s largest mobile trade show MWC, including LG, Ericsson and Nvidia, citing concerns over the spread of the coronavirus.After some biggest companies canceled their plans for the Mobile World Congress (MWC), Amazon joined this infamous list. Congress is planned to take part later this month in Barcelona. However, a lot of companies as are LG, NVIDIA and Ericsson decided not to attend because of...

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New Samsung Galaxy S20+ Leak Shows 120Hz Display and No Headphone Jack

Samsung and Apple love to fill the internet with leaks and “secret” footage of their new upcoming phones, just a shy weeks before the actual event. This helps to draw global attention and to highlight some of the groundbreaking features that everybody has been waiting for. This time, Samsung Galaxy S20+ will offer a more powerful display, a better battery, fast charging, huge amounts of RAM and possibly the most unexpected, but at the same time, the most expected – they’re getting rid of the...

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CES 2020: Apple Returns Unexpectedly with a Few Surprises

Apple returns to the Consumer Electronics Show (CES). It is happening right now in Las Vegas. The technology giant and smartphone maker hadn’t attended the event as much as twenty-eight years. It came as a bit of a shock to many who hadn’t expected the technology giant to show up and this afforded them the chance to do quite a bit. Apple didn’t show up with any fancy hardware or innovations for which they are known for. Jane Hovarth who is the senior director for privacy at Apple was around...

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LG CNS and Kakao’s Subsidiary Ground X Partner to Boost Blockchain Adoption

LG CNS, the global IT service company owned by LG Corporation that enables digital innovation for customers through emerging IT technology, has established a strategic partnership with Ground X, the blockchain subsidiary of Korea’s largest mobile platform Kakao. Within the collaboration, the companies will work on developing various blockchain solutions and finding new ways for using the distributed ledger technology.The agreement has been signed at LG CNS headquarters located at LG Science...

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Volvo Cars Joins Responsible Sourcing Blockchain Network

Volvo Cars is the newest car manufacturer that decided to join the Responsible Sourcing Blockchain Network (RSBN) – a cross-industry collaboration for responsible sourcing of minerals, with the focus on strengthening human rights and environmental protection in mineral supply chains.As per the report sent to CoinSpeaker the consortium is pioneering the use of IBM’s blockchain technology for accountability and compliance in the mining and production of minerals from the mine to the...

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With Google’s Support Fitbit Might Catch Up to and Overtake Apple Watch

Google’s parent company Alphabet has revealed that it will be purchasing popular wearables giant and smartwatch maker Fitbit, in a deal that will be closed soon. Worth $2.1 billion, many analysts agree that this deal has all the makings of a blow-up and could very seriously cement Google’s position as a strong contender in the smartwatch market, a market already largely dominated by Apple. While this is very interesting and important news, the market is starting to wonder whether or not...

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