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Big shakeup at OpenAI: COO Brad Lightcap shifts out of role; Fidji Simo to take medical leaveOpenAI faces major leadership changes as Brad Lightcap moves roles and Fidji Simo goes on health leave. Meanwhile, the company prepares for...- LG appoints Kim Ki-Wan as Managing Director of India operationsPresently, Ki-Wan is Executive Vice President of LG's Home Entertainment Overseas Sales and Marketing Group.
- 'Make in India' requires more support to enable India to become manufacturing hub: Soon Kwon, LG'Hope the government may have some agenda about how to motivate companies from other industries, like suppliers, to also make investments.'
- LG sees India revenue jump 25% to Rs 23,500 crore“Our mobile business almost doubled last year and we expect similar growth this year as well,” Kwon said.
- LG eyes Rs 23,500 crore sales in India this year; to invest Rs 500 croreLG Electronics is targeting a turnover of Rs 23,500 crore this year in India as part of a strategy to make the country among the South Kore...
- LG to increase exports from India to 15% in 2 yearsThe company is also considering manufacturing panels for LCD/LED TVs here, he said, but declined to give any timeframe saying that LG is st...
- LG to invest Rs 800 crore this yr; eyes Rs 22k crore revenueThe consumer durables major, which is still to come out with its 2013 revenue numbers, is eyeing a turnover of Rs 22,000 crore in 2014.
- LG aims to sell 500 OLED TVs in two monthsLG launched OLED TV priced at Rs 10 lakh for the Indian market and said it expects to sell 500 units in the next two months.
- LG eyes Rs 2,000 crore from smartphones sales in India by 2014Korean handset maker LG expects to clock revenues of about Rs 2,000 crore from sales of smartphones in India by 2014.
- LG to make phones in India when it gains 10% shareAt present, LG's mobile phone market share lags at a mere 3%. More than 95% of its sales by value will come from smartphones going forward.
- India is a country of many seasonalities: Soon Kwon, LG India'It is all about how innovative phones you have, and how diligently you have worked at consumer insights,' says Soon Kwon
- LG aims for Rs 200 cr revenue from 4G-ready G2 smartphones by 2014LG expects to garner revenue of up to Rs 200 crore by 2014 from its 4G ready smartphones LG G2 that it launched today at a price starting f...
- LG India to reinvent itself as a consumer technology brandMarket experts say LG's efforts to transform its image from just a home appliance maker to a consumer tech company will help it bring back ...
- LG Electronics unveils 84-inch 3D TV priced at Rs 17 lakhLG Electronics India today unveiled an 84-inch 3D TV priced at Rs 17 lakh, which would be available in the country from next month.
- LG Electronics to debut global marketing campaign in IndiaKorean durable major, LG Electronics is going to debut its new global 36-degree marketing initiative 'World Record Campaign' in India.
- LG, Samsung launch new TV line-up for India; plan aggressive targetWhile LG is now targeting the number one position with 30% share in this segment, market leader Samsung said it wants to widen its lead in ...
- LG to increase investments next year by 20 pc to Rs 1,800 croreLG plans to increase its investment in India in 2012 by 20% compared to this year to around Rs 1,800 crore to enhance its manufacturing cap...
- LG may miss sales target of Rs 20k crore; mulls price hikesThe company said it will continue to focus on bringing more product innovations and push sales of its premium products like 3D TVs.
- LG eyes 33 pc market share in home appliances productsKorean consumer durables manufacturer, LG Electronics, is eyeing a 33 per cent market share in home appliances products and Rs 6,100-crore ...
- LG plans to double India's share in its revenue to 12%Soon Kwon, LG Electronics (India) head in an interview with ET said he plans to double India's contribution to company's global revenues to...
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