LG Electronics will steal a march on its rivals by bringing forward the launch of a 55-inch flat TV using next-generation technology, raising the stakes in a cut-throat battle for the living room betw

South Korea's competition watchdog said on Thursday it has fined two top electronics makers a total of 44.64 billion won ($38.5 million) for fixing prices of their main home appliances.

Samsung Elect

LG Electronics, the world's third-largest handset maker, said on Thursday it would raise about one trillion won ($884 million) through a rights offer to strengthen its troubled smartphone business.

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