LG Electronics
Batteries
GM asks LG Energy to share huge portion of US EV tax benefits
Nov 30, 2023 (Gmt+09:00)
-
Automobiles
Hyundai Mobis unveils world’s first QL display for vehicles
South Korea’s top auto parts maker Hyundai Mobis Co. said on Thursday it has developed an innovative premium display for vehicles – the f...
Nov 30, 2023 (Gmt+09:00)
3 Min read -
Electronics
LG Elec separates new biz divisions into in-house entities
LG Electronics Inc., the leading global home appliance maker, has actively separated new business organizations into independent in-house entities, s...
Nov 20, 2023 (Gmt+09:00)
1 Min read -
Beauty & Cosmetics
Shinsegae targets global luxury cosmetics market with own brand
South Korea’s Shinsegae International Inc. targets the global luxury cosmetics market with its own house brand as it aims to transform into a g...
Oct 11, 2023 (Gmt+09:00)
2 Min read -
Earnings
LG Elec beats earnings estimates on healthy automotive biz
LG Electronics Inc., the leading global home appliance maker, reported better-than-expected quarterly earnings thanks to the strong automotive busine...
Oct 10, 2023 (Gmt+09:00)
2 Min read -
Robotics
Hanwha bets big on robots with Hanwha Robotics' official launch
South Korea’s seventh-largest conglomerate Hanwha Group has joined a race to win the burgeoning robot market, with the official launch of Hanwh...
Oct 04, 2023 (Gmt+09:00)
3 Min read -
Korean startups
LG seeks outside innovators' ideas on new growth drivers at Superstart Day
LG Group, South Korea’s fourth-largest business group, is actively embracing collaboration with outside innovators to foster its new growth dri...
Sep 07, 2023 (Gmt+09:00)
2 Min read -
Electronics
India, LG’s land of promise with young, rich population
NOIDA, India -- LG Electronics Inc., the leading global home appliance maker, plans to build a new electronics plant in India to cement its dominant ...
Sep 06, 2023 (Gmt+09:00)
3 Min read -
Tech, Media & Telecom
Korea ranks 3rd on global dominant product list to tie Japan
TOKYO -- South Korea has ranked third among countries having the world’s most dominant products. In six categories, including smartphones, memo...
Sep 04, 2023 (Gmt+09:00)
1 Min read -
Electric vehicles
LG Magna to build plant in Hungary for European EV market
MUNICH -- LG Magna e-Powertrain Co., a joint venture between South Korea’s LG Electronics Inc. and Canada’s Magna International Inc., has...
Sep 04, 2023 (Gmt+09:00)
3 Min read -
Electronics
Samsung’s connectivity vs. LG’s sustainability at IFA 2023
BERLIN – South Korea’s household names in home electronics are set to show off their high-tech home electronics boasting upgraded connect...
Aug 31, 2023 (Gmt+09:00)
4 Min read -
Chemical Industry
Korean LG Chem to spend $95 mn to double water treatment biz
South Korea’s top chemicals maker LG Chem Ltd. plans to spend 124.6 billion won ($94.5 million) on increasing its water treatment material outp...
Aug 28, 2023 (Gmt+09:00)
2 Min read -
Batteries
POSCO Future M aims to raise profit 20-fold by 2030
POSCO Future M Co., South Korea’s electric vehicle battery materials maker, aims to raise its profit by about 20 times and sales over tenfold b...
Aug 28, 2023 (Gmt+09:00)
3 Min read -
Tech, Media & Telecom
Samsung’s tie-up with VMware to strengthen SSD competitiveness
LAS VEGAS – Samsung Electronics Co. has partnered with US cloud software provider VMware Inc. to strengthen its competitiveness in the next-gen...
Aug 24, 2023 (Gmt+09:00)
2 Min read -
Batteries
BYD, KG Mobility in talks to build EV battery plant in Korea
BYD, the world’s No. 3 electric vehicle battery producer, and KG Mobility Corp., formerly Ssangyong Motor Co., are in talks to build a joint ce...
Aug 21, 2023 (Gmt+09:00)
2 Min read -
Business & Politics
Korea’s Big Four conglomerates likely to regain FKI membership
South Korea’s four largest business conglomerates – Samsung, Hyundai Motor, SK and LG – will likely return as members of the countr...
Aug 09, 2023 (Gmt+09:00)
1 Min read -
Electric vehicles
LG Uplus to grow EV charging JV to be among Korea’s top 3
LG Uplus Corp., South Korea’s third-largest mobile carrier, aims to develop its electric vehicle charging joint venture with Kakao Mobility Cor...
Aug 08, 2023 (Gmt+09:00)
2 Min read -
Batteries
LG Energy, Huayou Cobalt set up battery recycling JV in China
LG Energy Solution Ltd., the world’s No. 2 battery maker, and Zhejiang Huayou Cobalt Co., the global refined cobalt leader, have launched a cel...
Aug 08, 2023 (Gmt+09:00)
2 Min read -
ESG
LG 1st in South Korea’s ESG rankings for 2nd year
LG Corp., the holding company of South Korea’s fourth-largest conglomerate LG Group, ranked No. 1 in the country’s environmental, social,...
Aug 07, 2023 (Gmt+09:00)
2 Min read -
Batteries
Korea’s STX to build joint Indonesia nickel plant for EV cells
South Korea’s trading company STX Corp. is set to build a nickel plant with an Indonesian company in the Southeast Asian country to expand its ...
Aug 03, 2023 (Gmt+09:00)
2 Min read -
Electric vehicles
Global EV, battery sectors in war for talent acquisition
Global electric vehicle and battery makers are fiercely competing to secure talent with high salaries and various incentives as their workforces are...
Aug 02, 2023 (Gmt+09:00)
3 Min read -
Bio & Pharma
IMM PE seeks to sell Korean contract drugmaker at $784 mn
IMM Private Equity has put a South Korean contract drugmaker on the market for up to 1 trillion won ($784 million) in a deal likely to attract major ...
Jul 31, 2023 (Gmt+09:00)
2 Min read -
Earnings
LG Energy lifts sales guidance; Samsung SDI sees firm growth
South Korean electric vehicle battery maker are offered upbeat market outlooks, gaining structural growth momentum through strong competitiveness wit...
Jul 27, 2023 (Gmt+09:00)
4 Min read -
Electronics
Samsung, LG rank top in J.D. Power’s appliance satisfaction study
Samsung Electronics Co. and LG Electronics Inc. top ranked in J.D. Power's 2023 US Appliance Satisfaction Study of nine major categories. J.D. Power ...
Jul 21, 2023 (Gmt+09:00)
1 Min read -
Artificial intelligence
LG unveils upgraded hyperscale AI for future businesses
LG Group, South Korea’s fourth-biggest conglomerate, on Wednesday introduced an upgraded hyperscale AI to be used for its future growth engines...
Jul 19, 2023 (Gmt+09:00)
2 Min read -
Electronics
Samsung Elec to enhance ties with LG at expense of BOE
Samsung Electronics Co., the world’s largest TV maker, is set to reduce the procurement of panels from BOE Technology Group Co., the global liq...
Jul 17, 2023 (Gmt+09:00)
3 Min read -
Corporate strategy
LG Electronics aims to transform into platform-based tech firm by 2030
When LG Electronics Inc. made a surprise move to ungracefully exit the mobile phone business, one of its mainstay businesses, two years ago, investor...
Jul 12, 2023 (Gmt+09:00)
3 Min read -
Electronics
Samsung ties up with LG Display for 83-inch OLED TV in US
Samsung Electronics Co., the world’s top TV maker, has joined hands with its South Korean rival LG Display Co. for the large organic light-emit...
Jul 12, 2023 (Gmt+09:00)
2 Min read -
Automobiles
Genesis GV80 to come with LG’s OLED auto display in close tie-up
Hyundai Motor Co.'s premium brand Genesis will be equipped with LG Display Co.'s organic light-emitting diode (OLED) automotive display for its new G...
Jul 03, 2023 (Gmt+09:00)
3 Min read -
Electronics
LG Innotek to spend $1 bn to double Vietnam output capacity
South Korea’s LG Innotek Co., a major camera module supplier for Apple iPhones, is set to invest $1 billion in Vietnam to more than double its ...
Jun 26, 2023 (Gmt+09:00)
1 Min read
Latest News