LG green business
Scope
Date
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Energy
LG Energy Solution Vertech wins 10GWh ESS projects in the US
LG Energy Solution Vertech Inc., a Texas-based energy storage system (ESS) supplier, has secured a combined 10-gigawatt hours (GWh) of grid-scale ba...
Dec 21, 2023 (Gmt+09:00)
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Beauty & Cosmetics
CJ Olive Young opens pop-up at @cosme Tokyo
South Korea's health and beauty store chain CJ Olive Young announced on Thursday that it opened a pop-up store at @cosme Tokyo, Japan’s larges...
Dec 21, 2023 (Gmt+09:00)
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Artificial intelligence
Naver to join race with EQT, Goldman Sachs for Korean SW firm
Naver Corp. is set to go up against global major private equity firms such as EQT Partners AB and Goldman Sachs Private Equity Group to acquire a So...
Dec 20, 2023 (Gmt+09:00)
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Batteries
LG Chem breaks ground on its 1st US cathode plant
CLARKSVILLE, TN – South Korea’s No. 1 chemical maker LG Chem Ltd. striving to become a leading global battery materials player broke gro...
Dec 20, 2023 (Gmt+09:00)
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Electronics
LG unveils UltraGear gaming monitor 2024
LG Electronics Inc. announced on Wednesday that it unveiled the 2024 model of the UltraGear gaming monitor, optimized for resolution and refresh r...
Dec 20, 2023 (Gmt+09:00)
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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 t...
Dec 18, 2023 (Gmt+09:00)
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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 m...
Dec 18, 2023 (Gmt+09:00)
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Artificial intelligence
Naver, NHIS to boost data services with HyperCLOVA X
South Korea's leading online portal Naver Corp. and the state-run National Health Insurance Service (NHIS) will collaborate to leverage advanced art...
Dec 18, 2023 (Gmt+09:00)
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Electronics
LG Innotek develops wireless BMS for EVs
South Korean electronic parts maker LG Innotek announced on Sunday that it developed a cutting-edge wireless battery management system (BMS), a cr...
Dec 18, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor, UAE’s Mubadala to collaborate on future business projects
South Korea’s top automaker Hyundai Motor Co. and the United Arab Emirates’ sovereign wealth fund Mubadala Investment Co. have agreed to...
Dec 18, 2023 (Gmt+09:00)
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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 in...
Dec 17, 2023 (Gmt+09:00)
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Corporate restructuring
Kolon Industries to downsize industrial film business amid weak demand
Kolon Industries Inc., a South Korean chemical and textile manufacturer, is downsizing its industrial film business amid weak demand and growing com...
Dec 15, 2023 (Gmt+09:00)
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Energy
SK Ecoplant, Korea South-East Power tap UAE as green energy base
SK Ecoplant Co., a South Korean construction engineering and waste management firm under SK Group, is accelerating a plan to set up a major green en...
Dec 15, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Electronics launches AI-powered LG Gram laptop
South Korean electronics giant LG Electronics Inc. announced on Friday its plans to launch the AI-powered LG Gram laptop, featuring Intel's next-gen...
Dec 15, 2023 (Gmt+09:00)
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Robotics
Doosan Robotics to expand cobot business in Europe
Doosan Robotics Inc., the robot-developing unit of South Korea’s Doosan Group, will supply collaborative robots to Amsterdam Airport Schiphol ...
Dec 14, 2023 (Gmt+09:00)
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Bio & Pharma
Lunit acquires NZ-based AI diagnostics firm Volpara
South Korean medical AI company Lunit announced on Thursday that it will acquire New Zealand-based AI breast cancer diagnostics solutions company Vo...
Dec 14, 2023 (Gmt+09:00)
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Korean chipmakers
Samsung to relocate packaging unit workplace to lure talent
Samsung Electronics Co., the world’s top memory chipmaker, is set to relocate its advanced packaging department’s workplace in South Kor...
Dec 14, 2023 (Gmt+09:00)
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Food & Beverage
CJ Foodville attracts $54 mn investment from Arges PE
CJ Foodville, the food service subsidiary of South Korea's CJ Group and the operator of bakery brand Tous les Jours announced on Thursday that it at...
Dec 14, 2023 (Gmt+09:00)
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Electronics
LG Elec launches new medical monitor
LG Electronics Inc. unveiled a new medical monitor on Wednesday. This monitor boasts high brightness suitable for both clinical and diagnostic purpo...
Dec 13, 2023 (Gmt+09:00)
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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 ea...
Dec 13, 2023 (Gmt+09:00)
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Carbon neutrality
Samsung C&T to join Oman's green ammonia project
South Korea’s Samsung C&T Corp. announced on Wednesday it will participate in the Salalah H2 green ammonia project in Oman, a major init...
Dec 13, 2023 (Gmt+09:00)
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Petrochemicals
DL E&C, KBR to co-work for SAF project
South Korea’s DL E&C Co. announced on Wednesday that it signed a feasibility study contract with Kellogg Brown & Root (KBR) Inc., the ...
Dec 13, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea’s GC Cell targets global cell therapy CDMO business
GC Cell Corp., an affiliate of South Korea’s major pharmaceutical company GC Biopharma Corp., is targeting the cell therapy contract developme...
Dec 12, 2023 (Gmt+09:00)
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Corporate strategy
Samsung launches new growth engine control tower at mobile division
Samsung Electronics Co., the world’s largest maker of memory chips and smartphones, has created a business control tower within its Digital eX...
Dec 11, 2023 (Gmt+09:00)
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Automobiles
LG Uplus, Toyota Motor Korea team up for EV chargning
South Korea's LG Uplus Corp. announced on Monday that it formed a partnership with Toyota Motor Korea to expand electric vehicle (EV) charger infr...
Dec 11, 2023 (Gmt+09:00)
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Batteries
LG, Poland’s ICPT in mega-million-dollar battery module supply deal
South Korea’s LG Energy Solution Ltd. said on Friday it has signed a multiyear deal to supply battery modules to Poland’s Impact Clean P...
Dec 08, 2023 (Gmt+09:00)
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Hydrogen economy
Korea Zinc to up sales to $19 billion by 2033 with green energy
Korea Zinc Inc., South Korea’s and the world’s largest lead and zinc smelter, will accelerate its drive to foster its new growth engines...
Dec 07, 2023 (Gmt+09:00)
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Batteries
LG Energy, KAIST develop Li-Metal battery tech for improved EV range
South Korea’s LG Energy Solution Ltd. and the Korea Advanced Institute of Science & Technology (KAIST) have developed a lithium-metal batt...
Dec 07, 2023 (Gmt+09:00)
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Electronics
LG Elec joins governing body of SOAFEE
LG Electronics Inc. announced on Thursday that it became the ninth member of the governing body of the Scalable Open Architecture for Embedded Edge ...
Dec 07, 2023 (Gmt+09:00)
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Beauty & Cosmetics
LG H&H’s sales surges 300% on Qoo10 in 6 months
South Korea’s LG H&H Co. announced on Thursday that its sales in November this year in Megawari, a shopping event organized by Qoo10, th...
Dec 07, 2023 (Gmt+09:00)