LG Electronics
Korean innovators at CES 2024
LG Display unveils brightest OLED TV panel for turnaround
Jan 09, 2024 (Gmt+09:00)
-
Korean innovators at CES 2024
Samsung, LG unveils cutting-edge TVs to firm dominance
LAS VEGAS, NV -- Samsung Electronics Co. and LG Electronics Inc., the world’s two largest TV makers by sales, have introduced next-generation m...
Jan 08, 2024 (Gmt+09:00)
5 Min read -
Earnings
LG Electronics posts record 2023 sales, Q4 profit misses forecasts
LG Electronics Inc. on Monday posted record-high 2023 revenue thanks to robust sales of home appliances and vehicle components, although its fourth-q...
Jan 08, 2024 (Gmt+09:00)
2 Min read -
Korean innovators at CES 2024
Samsung dubs upcoming Galaxy S24 AI phone as on-device AI race rages on
Employees at Samsung Electronics Co.'s Mobile eXperience (MX) division recently developed a habit of referring to the upcoming Galaxy series of smart...
Jan 04, 2024 (Gmt+09:00)
3 Min read -
Korean startups
Sendbird aims to fly even higher, above 300 million
Founded in 2013, Sendbird, a customizable in-app communications platform used by more than 300 million active users monthly, is still hungry for more...
Jan 03, 2024 (Gmt+09:00)
2 Min read -
Electronics
LG Display plans $1 bn rights offering for smaller OLED biz
LG Display Co., the world’s top manufacturer of large-size organic light-emitting diode (OLED) panels, said on Monday it plans to raise 1.36 tr...
Dec 18, 2023 (Gmt+09:00)
2 Min read -
Korean innovators at CES 2024
LG, Saint-Gobain Sekurit to unveil transparent antennas at CES 2024
LG Electronics Inc., the leading global home appliance maker, is set to showcase its transparent antennas for vehicles developed with French glass ma...
Dec 18, 2023 (Gmt+09:00)
2 Min read -
Tech, Media & Telecom
New Samsung, LG laptops drive industry shift toward on-device AI
Samsung Electronics Co. and LG Electronics Inc. are unveiling new artificial intelligence-powered laptops next month, joining an industry move to inc...
Dec 17, 2023 (Gmt+09:00)
3 Min read -
Tech, Media & Telecom
IT device recovery to power Korean parts makers in 2024
Global sales of consumer information technology electronics such as smartphones, PCs and TVs are expected to rebound in 2024, fueling hopes of an ear...
Dec 13, 2023 (Gmt+09:00)
3 Min read -
Foreign exchange
Korea, Indonesia to facilitate bilateral trade in won, rupiah
The central banks of South Korea and Indonesia agreed to facilitate the settlement of bilateral trade in their currencies from next year as the elect...
Dec 11, 2023 (Gmt+09:00)
2 Min read -
IPOs
EcoPro Materials, Doosan Robotics heat up Korean IPO market
South Korea’s initial public offering market is recovering as EcoPro Materials Co., Doosan Robotics Inc. and other newly listed jackpot shares ...
Dec 06, 2023 (Gmt+09:00)
3 Min read -
Executive reshuffles
LG Energy's new CEO aims to focus on qualitative growth
LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, is set to focus on qualitative growth by securing leading t...
Dec 01, 2023 (Gmt+09:00)
2 Min read -
Batteries
GM asks LG Energy to share huge portion of US EV tax benefits
General Motor Co., the leading US automaker, has asked LG Energy Solution Ltd., the world’s second-largest electric vehicle battery manufacture...
Nov 30, 2023 (Gmt+09:00)
4 Min read -
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
Latest News