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LG logs a loss on EU fine, but sees smartphone strength

LG Electronics has posted losses within its fourth-quarter 2012 results due to a heavy fine imposed by the European Union over price-fixing allegations.

The world's second-largest television set maker by revenue posted its Q4 2012 financial report today, detailing its first loss-making quarter in a year. Net losses accounted for 468 billion won ($429 million) in the fourth quarter of 2012, in comparison to a loss of 112 billion won in 2011.

Consolidated revenues currently stand at 13.50 trillion won ($12.4 billion).

LG also posted an operating profit of 107 billion won ($98.84 million) in the … Read more

Nexus 4 back in stock today in the U.S., too

Germany isn't the only country getting more Nexus 4 inventory today. The popular Google smartphone is now available in the U.S. and Canadian Google Play stores, as well.

The device, which costs $299 for the 8GB version or $349 for the 16GB model, will ship in one to two weeks for U.S. buyers, the site says. That's a big improvement from the recent wait times, as well as the general unavailability of the device. The phone earlier today also became available again in Germany, and it hit Canada shortly after arriving in the U.S. Google … Read more

Hallo, Germany: Nexus 4 back in stock in country's Google store

Google's Nexus 4 smartphone is back in stock in the Google Play Store in Germany, making it one of the few locations where people can currently order the phone.

A Google spokeswoman told CNET the device became available in the European country this morning. She declined to provide details about future availability in other regions.

The LG Nexus 4 has been selling out pretty rapidly since its November launch, with consumers forced to wait many weeks for the device to ship or to even show availability online. The smartphone is one developed closely with Google, giving a pure and … Read more

Yes, LG will continue to make cheap plasma TVs

LG's 2013 plasma lineup is smaller than last year's, but the company is still making the non-LCD TVs. In addition to the sole top-end plasma, the 60-inch 60PH6700, there will be a pair of step-down series that lack Smart TV and 3D. As usual pricing was not announced, but these are bound to be among the least expensive televisions in their respective classes.

One will encompass two sizes, the 50-inch 50PN6500 and the 60-inch 60PN6500. Its main features are 1080p resolution and a new "Hair Line" bezel, which we assume means a thinner frame around the … Read more

LG Optimus G Pro to debut this April

LG's Optimus G Pro smartphone will reach consumers in April, at least those in Japan.

Japanese provider NTT DoCoMo announced the news yesterday. A Google-translated version of the company's press release revealed early April as the launch date for the successor to LG's popular Optimus G.

A DoCoMo slideshow page reveals a host of details about the phone, but only for people who can read Japanese. The PDF slideshow is protected, making it impossible to copy and paste the text for translation.

Specs published by Japanese media site Impress Group point to a 5-inch display with a 1,920x1,080 pixel resolution. … Read more

LG's flagship LED TV with onboard camera

LG announced a pair of five-figure TVs already, one OLED and another 4K, but among models mortals can afford, its flagship 2013 series of LED-based LCD TVs is the LA8600.

Unlike last year's LM9600 flagship, the LA8600 will forgo a full-array local dimming backlight in favor of an edge-lit variety. While that seems disappointing from a videophile perspective, it's worth noting that the LM9600 was among the worst-performing full-array LED TVs we'd ever tested.

Available in a 60- and 55-inch size, it will feature all of the latest tricks including an onboard, retractable camera. LG initially told … Read more

NFC: Not just for mobile payments anymore

Move over, mobile payments. NFC is finding other ways to make itself useful.

In fact, paying for items with one's phone seems to be the least common use for the close-range connectivity technology right now, at least based on gadgets unveiled at the Consumer Electronics Show. Rather, essentially all products using NFC shown at the recent confab employed the technology in one of two ways: To set up a sort of digital handshake between a mobile device and another gadget or as a way to share information between products with just a tap.

"NFC really simplifies things," … Read more

The next LG Optimus leaks

The next LG Optimus may have leaked!

This week Fortune debuted a list of the 100 best companies to work for. Google took the No. 1 spot while Microsoft checked in at No. 75. Wireless tech company Qualcomm took the 11 spot while chip manufacturer Intel showed up at 68.

Details of a high-powered version of LG's Optimus G have apparently leaked online. A slide sent to Engadget teases a new LG phone with a 5-inch 1080p display, a 1.7GHz quad-core processor, 13-megapixel rear camera, and 32 GB of on-board storage. There's no word yet on which … Read more

LG Optimus G Pro details leak online

A newer and beefier version of LG's Optimus G could be coming to town, at least to someone's town.

A leaked slide sent to blog site Engadget teased a host of alleged details about the Optimus G Pro. If the slide is on the money, the new smartphone would sport a 5-inch 1,920x1,080 pixel display and tap into a 1.7GHz Qualcomm quad-core Snapdragon processor for its power.

Running Android 4.1 Jelly Bean, the Pro model would include 2GB of memory, 32GB of storage, and support for LTE. Also along for the ride would be … Read more