The card will allow customers to buy from over 20,000 outlets, around 700 LG exclusive brand shops and 3000 outlets for smartphones.

As part of this, Paytm Mall will provide an online platform for consumers to visit and select LG products and the brand stores will deliver...

The company, which will also give a thrust to selling smartphones on these digital marketplaces, plans to partner Amazon, Flipkart and Payt...

The company's arm, LG Electronics India, plans to launch a new range of affordable smartphones equipped with features tailored for local re...

LG, which has two manufacturing units in India, exports to the Middle East and countries in the eastern coast of African continent.

The performance of the top Korean electronics giant in the Indian mobile phone market is in stark contrast to traditional rival and compatr...

"We will also manufacture all our smartphones in India, either at our own plant or through third-party makers," Ki Wan Kim said.

"It is not late… every year Indian smartphone market is growing 10-20% while global markets are flat. We’re not in a hurry, but we should b...

Local manufacturing will allow the company to benefit from duty differential, rather than paying up about 11% more for importing them.

The company will be manufacturing phones at its Noida facility. LG is the latest entrant to start manufacturing of phones in the country.

Local manufacturing will give a price edge to LG since the duties and taxes will come down by more than 10%, the executives said.

Three senior industry executives said the changes are driven by the company’s new managing director Kim Ki-Wan, who wants to accelerate rev...

LG Electronics has cut prices across products, is offering higher margin to retailers and is computing annual sales bonus to employees as p...

Currently, handset sales contribute just 7-8% to overall revenue of the company in India. LG is planning to launch around 5 new handset.

Currently, mobile sales contribute 7-8 per cent to the overall revenues of the South Korean electronics major in India.

Presently, Ki-Wan is Executive Vice President of LG's Home Entertainment Overseas Sales and Marketing Group.

Parupalli Kashyap and young H S Prannoy registered contrasting wins in the men's singles of the Singapore Open Super Series badminton tourn...