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18.02.25 - 04:06
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Samsung, LG expand OLED TV sales to counter China′s price war (Digitimes)
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China-based TV manufacturers, including TCL and Hisense, are aggressively challenging South Korea-based competitors by leveraging their price advantages. In response, Samsung Electronics and LG Electronics are ramping up OLED TV sales to fend off the mounting competition from China....
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21.01.25 - 03:06
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LG targets 45% B2B revenue by 2030 through AI-driven expansion (Digitimes)
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LG Electronics has embarked on a strategic transformation in 2024, shifting its focus toward non-hardware businesses and B2B operations. The company has enhanced investments in automotive parts, heating, ventilation, and air conditioning (HVAC), embedded appliances, commercial displays, and the webOS platform. Through this strategic pivot, LG aims to achieve over 7% growth in revenue, operating profit margin, and EBITDA....
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