By Lisa Johnston
New products on display at the American International Toy Fair, held in N
Englewood Cliffs, N.J. – Jay Vandenbree, senior VP of LG Electronics USA, will retire on Jan. 4.
Vandenbree, who has been with LG Electronics USA for the past four years after 23 years with Sony Electronics, will officially retire as of Jan. 4, 2014, the company confirmed.
He will stay on in an advisory capacity through the first quarter of 2014, according to LG.
LG said a replacement for Vandenbree will be announced during December.
This TWICE webinar, hosted by senior editor Alan Wolf, will take a look at what may be the hottest CE products at retail that will be sold during the all-important fourth quarter. Top technologies, market strategies and industry trends will be discussed with industry analysts and executives.
Englewood Cliffs, N.J. – LG Electronics recently received its TWICE VIP (Very Important Product) awards at its headquarters, here.
LG’s three awards, were announced in the August 12 print edition of TWICE, are:
New York – Jay Vandenbree, senior VP of the LG Electronics USA’s home entertainment division, unveiled for the first time in the U.S. market a 77-inch Ultra High-Definition OLED curved-screen TV during his keynote address at today’s TWICE/CEA Ultra HD Conference, here.
The official debut for the U.S. market will take place during International CES in January.
In his remarks, Vandenbree called Ultra HD TV “a game changer for our industry,” saying, “This is the future.”
Seoul, South Korea — LG plans November shipments in Korea of the first smartphone with a curved display that follows the contours of the human face, but the company didn’t announce ship dates in other countries.
The 6-inch G Flex phablet, part of LG’s premium G series, reduces the distance between a user’s mouth to the microphone to improve voice and sound quality. The curved shape is said to increase the sound level of a user’s voice by 3dB compared with flat smartphones.
Seoul, South Korea — LG Electronics reported higher revenues but lower net profit in its third quartered, ended Sept. 30.
Third-quarter consolidated revenues were 13.89 trillion Korean won (KRW) or $12.5 billion, compared with the prior year’s third quarter of 13.28 trillion KRW.
Net profits were 109 billion KRW compared with the prior year’s 165 billion KRW.
However, LG saw a 27 percent increase in third-quarter operating profit to 217.8 billion KRW ($196.34 million) compared with the same period last year.
Englewood Cliffs, N.J. – LG Electronics today announced the U.S. availability of the LG G Pad 8.3 Android tablet.
The $348 G Pad is designed to easily sync with other Android devices using the QPair app giving the tablet access to incoming calls, texts and other apps.
The G Pad is available now exclusively at BestBuy.com and will go nationwide on Nov. 3.
The G Pad has a 1.7GHz Snapdragon 600 processor, 2GB of RAM, 16GB of storage, 5-megapixel camera and runs on Android 4.2.2.
Seoul, Korea – LG Display reported lower revenues, but higher profits in its third quarter ended Sept. 30.
Revenues in the third quarter of 2013 decreased by 13 percent to KRW 6,579 billion from KRW 7,593 billion in the third quarter of 2012.
Net income in the third quarter of 2013 was KRW 239 billion compared with net income of KRW 158 billion in the third quarter of 2012.
AdWeek magazine and APCO Worldwide have released the results of their Most Loved Brands In The World survey, and a number of CE suppliers and CE retailers made the list, based on responses from 70,000 consumers in 15 major international markets.
The survey measured eight emotional feelings consumers have toward brands: understanding, approachability, relevance, admiration, curiosity, identification, empowerment and pride. Nancy Bachrach, an APCO senior advisor, said the survey is designed for marketers, who "need to know which emotions affect sales."
Seoul, South Korea — LG Display said it will begin mass production of the world’s first flexible OLED panel for smartphones, and it expects its OLED technology to wend its way into automobile displays, tablets and wearable devices.
The company also plans eventually to introduce displays in various sizes that can be rolled and folded.