LG Advanced Cold Climate Heat Pump Laboratory
Scope
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Insurance
Kyobo Lifeplanet, FWD Hong Kong to collaborate on GenAI
South Korea's Kyobo Lifeplanet Life Insurance Co. announced on Friday that it signed a memorandum of understanding with Hong Kong-based insurer FWD ...
Jul 12, 2024 (Gmt+09:00)
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ESG
LG Energy Solution acquires anti-bribery certification
South Korea's LG Energy Solution Ltd. announced on Thursday that it achieved ISO 37001 certification, an international standard for anti-bribery man...
Jul 11, 2024 (Gmt+09:00)
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Chemical Industry
LG Chem promises extra $14.4 million in aid over Indian gas leak
South Korea’s top chemicals maker LG Chem Ltd. said on Wednesday it will offer an additional 1.2 billion Indian rupees ($14.4 million) in huma...
Jul 10, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung wins 2nm AI chip foundry, package order from Japan
Samsung Electronics Co. announced on Tuesday it has bagged a 2-nanometer AI chip foundry and package turnkey order from Preferred Networks Inc., a J...
Jul 09, 2024 (Gmt+09:00)
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Electronics
LG Elec, Tennessee Titans renew sponsorship
LG Electronics Inc. announced on Tuesday that it renewed a three-year expansion to its official partnership with the Tennessee Titans, an NFL team b...
Jul 09, 2024 (Gmt+09:00)
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Korean chipmakers
HBM chip war intensifies as SK Hynix hunts for Samsung talent
South Korean chipmaker SK Hynix Inc., just like its global peers, has largely designed and produced semiconductors in-house, including high-bandwidt...
Jul 08, 2024 (Gmt+09:00)
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Korean stock market
Kospi on upward run; individual investors turn bearish
South Korean individual investors are strongly betting on a drop in domestic share prices, in contrast to foreign investors’ aggressive buying...
Jul 08, 2024 (Gmt+09:00)
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Earnings
LG Energy’s Q2 profit hurt by EV slowdown, expects Q4 improvement
LG Energy Solution Ltd., one of the world’s top three battery makers, on Monday posted a smaller quarterly profit, hurt by sluggish global ele...
Jul 08, 2024 (Gmt+09:00)
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Electronics
Samsung, SK, LG vie for glass substrate market in AI era
South Korea’s household names Samsung, SK and LG have entered a new race to win the glass substrate market set to surge in the artificial inte...
Jul 08, 2024 (Gmt+09:00)
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Earnings
LG Elec logs record Q2 earnings on home appliances, car parts
South Korean tech giant LG Electronics Inc. is expected to log its record second-quarter revenue and operating profit thanks to robust sales of home a...
Jul 05, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung launches dedicated HBM, advanced chip packaging teams
Samsung Electronics Co., the world’s largest memory chipmaker, has officially launched a team dedicated to developing advanced high-bandwidth ...
Jul 05, 2024 (Gmt+09:00)
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Batteries
Time to revive innovator spirit: LG Energy Solution CEO
South Korea’s top battery maker LG Energy Solution Ltd., also the world’s No. 3, must accelerate innovation and prop up fundamentals to ...
Jul 04, 2024 (Gmt+09:00)
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Automobiles
LG Elec selected as Volkswagen's top supplier
LG Electronics Inc. was named the top supplier by Germany's Volkswagen Group. According to industry sources on Thursday, LG Electronics received the...
Jul 04, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai Motor completes EV ecosystem in Indonesia
JAKARTA, Indonesia – Hyundai Motor Group has built an electric vehicle hub backed by a complete supply chain from raw materials sourcing to ba...
Jul 03, 2024 (Gmt+09:00)
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Mergers & Acquisitions
LG Electronics acquires Athom to facilitate AI smart home push
South Korea’s home appliance giant LG Electronics Inc. said on Wednesday it has acquired Athom B.V., a Netherlands-based home automation compa...
Jul 03, 2024 (Gmt+09:00)
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Bio & Pharma
LG Chem launches Synovian in China
South Korea's LG Chem Ltd. announced on Wednesday that it launched its homegrown new drug for osteoarthritis Synovian (marketed in China as Hyruan O...
Jul 03, 2024 (Gmt+09:00)
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Korean startups
PhyxUp closes in on pre-seed round with US advance
PhyxUp Health Inc., an early stage South Korean digital healthcare startup, will soon close a pre-seed funding round, said its founder and chief, wh...
Jul 03, 2024 (Gmt+09:00)
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Artificial intelligence
Korea's LG Uplus aims for $1.4 bn in B2B AI sales by 2028
South Korea’s leading mobile carrier LG Uplus Corp., which is set to unveil its first artificial intelligence chip by the end of this year, ai...
Jul 02, 2024 (Gmt+09:00)
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Batteries
LG Energy signs multi-billion-dollar LFP battery deal with Renault
LG Energy Solution Ltd., the world’s second-largest battery maker, has clinched a multi-billion-dollar deal to supply LFP batteries for low-en...
Jul 02, 2024 (Gmt+09:00)
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Robotics
LG Elec launches CLOi robot subscription service
LG Electronics Inc. announced on Monday that it launched its Robot as a Service (RaaS) with CLOi robots starting this month.Business-to-business (B2...
Jul 01, 2024 (Gmt+09:00)
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Energy
LG Uplus builds 1,000 kW solar power facility in Daejeon
South Korea's LG Uplus Corp. established a solar power facility to achieve carbon neutrality by 2050. LG Uplus announced on Sunday that it installe...
Jul 01, 2024 (Gmt+09:00)
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Korean chipmakers
South Korea sets sights on fostering EDA tech to win HBM chip war
In an escalating war in the semiconductor industry, insiders know there’s one technology critical for gaining chip supremacy: Electronic desig...
Jun 28, 2024 (Gmt+09:00)
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Batteries
LG Energy halts Arizona battery plant building on weak EV sector
LG Energy Solution Ltd., the world’s third-largest electric vehicle (EV) cell maker, has suspended construction of a plant in Arizona for batt...
Jun 28, 2024 (Gmt+09:00)
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Artificial intelligence
LG unveils Google’s generative AI-powered robot CLOi
LG Electronics Inc. on Thursday unveiled its service robot CLOi GuideBot powered by Google’s multimodal AI model Gemini to foray into the gene...
Jun 27, 2024 (Gmt+09:00)
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Artificial intelligence
LG Uplus launches generative AI ixi-GEN
South Korean major mobile carrier LG Uplus Corp. officially launched its generative artificial intelligence model ixi-GEN on Tuesday, joining its bi...
Jun 25, 2024 (Gmt+09:00)
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Corporate bonds
EV battery maker LG Energy eyes $2 bn global bond sale
LG Energy Solution Ltd., the world’s third-largest electric vehicle battery maker, is poised to raise $2 billion in global bonds by the end of...
Jun 25, 2024 (Gmt+09:00)
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Banking & Finance
S.Korea’s travel payment card market competition heats up
Competition in the South Korean travel payment card market intensified as increasing overseas trips and cross-border shopping prompted credit card i...
Jun 24, 2024 (Gmt+09:00)
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Corporate restructuring
SK puts shares in Goldman-backed Korea Superfreeze on market
SK Group has put its shares in Korea Superfreeze Inc., a cold chain logistics company jointly owned by EMP Belstar and Goldman Sachs, on the market,...
Jun 24, 2024 (Gmt+09:00)
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Electronics
LG Display bets big on Tandem OLED in AI computing era
LG Display Co., the world’s top organic light-emitting diode (OLED) TV panel maker, is raising the stakes in Tandem OLED technology to stay ah...
Jun 24, 2024 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus to unveil quantum proof solution Alphakey
South Korea's LG Uplus Corp. announced on Monday that it will unveil its new integrated account management solution for cloud services Alphakey at Q...
Jun 24, 2024 (Gmt+09:00)
Latest News
- 1 Seoul appeal: Korean art captivates Indonesia’s affluent connoisseurs
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- 3 Trump Jr. meets Korean business chiefs in back-to-back sessions
- 4 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google
- 5 Kookmin Bank raises $700 mn in forex bonds amid strong demand