Tag: lg electronics

LG has scrapped its mobile payments launch at the MWC

Jesse Collins
LG mobile payments

The consumer electronics giant has backed out of launching its LG Pay service, this week. LG Electronics had intended to wow attendees of the Mobile World Congress, this week, by launching its new mobile payments service called LG Pay but, at the last moment, it decided not to unveil the wallet app, after all. The company claims that it decided not to use the MWC to launch its mobile wallet as it had a greater priority. Since LG also intended to use the MWC to place the spotlight on its…

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LG set to launch its own mobile payments service

Stephen Vagus
mobile payments trends

LG has announced plans to launch LG pay in order to compete in the mobile payments market South Korea’s LG Electronics is joining other technology companies in launching its own mobile payments platform. LG has announced that the new payment system will allow consumers to make purchases with their smartphones, either in physical stores or online. The system is set to be called LG Pay, following a trend that other technologies companies seem to be supporting. LG will be competing with these companies in order to establish a foothold in…

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Mobile technology patent licensing agreement signed between LG and Nokia

L. Green
Nokia NFC mobile technology

The partnership involves a royalty based deal for the creation of a new smartphones that will be sold in the future. LG Electronics has now received Nokia’s approval to be able to use the latter company’s patented tech in exchange for royalties from the smartphones that are sold and that use that mobile technology. The patent license was granted from the Nokia Technologies licensing arm of the company. According to Ramzi Haidamus, the president of Nokia Technologies, “We are pleased to welcome LG Electronics to our licensing programme.” This makes…

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Fire Phone could rock the mobile technology world

Stephen Vagus
Amazon Mobile technology App

Amazon smartphone causes concerns for some companies in the mobile space Amazon has released information concerning its new smartphone, called Fire Phone, and this new device may have Samsung and LG Electronics worried. The Fire Phone is equipped with a wide variety of features that have come to be expected in the mobile space, but it is also designed with online shopping in mind, unlike its counterparts. Because Amazon holds a commanding position in the e-commerce sector, the Fire Phone is well positioned to become a very popular mobile shopping…

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Olaworks making strides in progressing augmented reality technology

John Montgallo
Olaworks Facial Recognition Augmented Reality

Amazing technology news in the world of augmented reality. Augmented reality crowded headlines in the world of technology over the weekend after Google unveiled Project Glass – the development name for Google’s augmented reality glasses. A Korean technology startup called Olaworks is looking to make use of the momentum Google has brought to augmented reality and is showing off its new software for smart phones and other mobile devices. Olaworks has made major progress in making augmented reality more sophisticated. The company recently showed off its latest developments, which have…

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