LG holding company
Scope
Date
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Batteries
LG Energy to supply batteries for Ford's electric commercial vehicles
LG Energy Solution Ltd., the world’s third-largest electric vehicle battery manufacturer, is set to supply battery cells and modules to US For...
Oct 15, 2024 (Gmt+09:00)
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Electronics
LG Electronics releases World Food Day campaign
LG Electronics Inc. said on Tuesday that it will display World Food Day on outdoor billboards in Times Square, New York, and Piccadilly Circus, Lond...
Oct 15, 2024 (Gmt+09:00)
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Tech, Media & Telecom
S.Korean livestreaming platform SOOP eyes global market
AfreecaTV, South Korea’s first-generation interactive livestreaming service with a nearly two-decade history, has started a new chapter under ...
Oct 15, 2024 (Gmt+09:00)
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Regulations
Big Tech get slap on wrist for tax avoidance in Korea
Global Big Tech companies such as Google, Meta and Netflix have paid a pittance in South Korea taxes and were fined as little as one-ten-thousandth ...
Oct 15, 2024 (Gmt+09:00)
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Mergers & Acquisitions
MBK wins enough stake in tender offer to control Korea Zinc
North Asia-focused private equity firm MBK Partners Ltd. has secured a large enough stake in Korea Zinc Inc. through a tender offer to take control ...
Oct 14, 2024 (Gmt+09:00)
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Tech, Media & Telecom
LG Elec to advance in-cabin sensing solution
LG Electronics Inc. said on Monday it's advancing its in-cabin sensing solution which detects and analyzes the interior of vehicles to prevent acc...
Oct 14, 2024 (Gmt+09:00)
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Tech, Media & Telecom
S.Korea tops 5G mobile gaming environment in E.Asia
South Korea led the game score in East Asia with 90.06 out of 100 during the first half of this year, followed by China with 85.64 and Japan with a ...
Oct 14, 2024 (Gmt+09:00)
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Batteries
POSCO Future M begins NCA production in Pohang
South Korea's POSCO Future M Co. has started production of nickel, cobalt, aluminum (NCA) cathode materials at its Pohang factory, three months ea...
Oct 14, 2024 (Gmt+09:00)
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Future mobility
Supernal aims to launch flying cars at LA 2028 Olympics
Supernal LLC, the US-based urban air mobility (UAM) unit of Hyundai Motor Group, aims to launch its electric vertical take-off and landing (eVTOL) a...
Oct 11, 2024 (Gmt+09:00)
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Corporate strategy
Lotte Shopping to set up Singapore holding firm, eyes its IPO
Lotte Shopping Co., South Korea’s leading retail company, will transform its special purpose company (SPC) in Singapore into a holding firm to...
Oct 11, 2024 (Gmt+09:00)
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Airlines
Air Incheon obtains IATA membership
South Korea's cargo airline Air Incheon said on Friday that it received full membership from the International Air Transport Association (IATA) last...
Oct 11, 2024 (Gmt+09:00)
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Steel
Korea’s Dongkuk develops world’s 1st biodegradable film for steel plates
Dongkuk Coated Metal Co. (Dongkuk CM), the cold-rolled steel unit of South Korean steel conglomerate Dongkuk Holdings Co., on Friday unveiled the wo...
Oct 11, 2024 (Gmt+09:00)
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Bio & Pharma
Celltrion's anti cancer drugs hold 90% market share in C.America
South Korea’s Celltrion Inc. said on Friday that its cancer treatments have captured a 90% market share in several Central American countries....
Oct 11, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai unveils world’s 1st high-pressure ammonia dual-fuel engine
HD Hyundai Heavy Industries Co. said on Thursday it has developed the world's first ammonia dual-fuel engine with a high-pressure direct injection s...
Oct 10, 2024 (Gmt+09:00)
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Tech, Media & Telecom
POSCO E&C gets ISMS-P Info Security certification
South Korea's POSCO E&C said on Thursday that it obtained the "Information Security Management System & Personal Information Protection Mana...
Oct 10, 2024 (Gmt+09:00)
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Electronics
LG Electronics doubles down on B2B business
LG Electronics Inc., a leading South Korean home appliance maker seeking to transform into a platform company, aims to double sales of its Business ...
Oct 10, 2024 (Gmt+09:00)
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Logistics
LX Pantos, Kazakhstan to cooperate on logistics
South Korea's LX Pantos said on Thursday that it plans to strengthen its logistics business in Central Asia, focusing on Kazakhstan.Lee Yong-ho, CEO...
Oct 10, 2024 (Gmt+09:00)
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Electronics
LG Elec named Lowe's 2024 vendor partner of year
LG Electronics Inc. said on Wednesday that it was named Lowe's 2024 Vendor Partners of the Year. Lowe's operates over 1,700 home improvement store...
Oct 10, 2024 (Gmt+09:00)
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Artificial intelligence
LG CNS gets Google Cloud GenAI certification
South Korea's LG CNS said on Thursday that it obtained Google Cloud's Generative AI (GenAI)Service Specialization certification.It's the first Asian...
Oct 10, 2024 (Gmt+09:00)
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Sovereign bonds
Korea to join FTSE Rusell bond index to attract $66 bn inflows
South Korea will be included in a global major bond index next year to attract an estimated $66 billion in capital inflows to Asia’s fourth-la...
Oct 09, 2024 (Gmt+09:00)
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Insurance
DB Insurance outshines domestic rivals in global business
DB Insurance Co. raked in the biggest profits from overseas operations among South Korean insurance companies in the first half of this year, leadin...
Oct 08, 2024 (Gmt+09:00)
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Batteries
LG Energy to supply EV batteries to Mercedes-Benz in N.America
LG Energy Solution Ltd., the world’s third-largest electric vehicle battery manufacturer, is set to supply cells to Mercedes-Benz AG, a German...
Oct 08, 2024 (Gmt+09:00)
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Travel & Leisure
Yanolja Cloud Solution relocates headquarters to India
South Korea’s top travel and accommodation booking platform operator Yanolja Co. said on Tuesday that it relocated its global solution subsidi...
Oct 08, 2024 (Gmt+09:00)
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Robotics
Hyundai Movex to lead S. Korea’s unmanned robot project
South Korea’s Hyundai Movex Co. was selected to lead the design of a high-precision large autonomous mobile robot (AMR) platform and integra...
Oct 08, 2024 (Gmt+09:00)
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Business & Politics
S.Korean defense firms stand to gain if Harris wins Nov. election
Defense companies will stand to gain the most among South Korean companies if US Vice President Kamala Harris wins the US presidential election next...
Oct 07, 2024 (Gmt+09:00)
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Batteries
LG Energy aims to more than double sales to $50 billion by 2028
LG Energy Solution Ltd. has vowed to more than double its sales in five years to 67 trillion won ($50 billion) by diversifying its battery products ...
Oct 07, 2024 (Gmt+09:00)
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Banking & Finance
Hanwha Securities buys 5.4% stake in Edinburgh Airport
Hanwha Investment & Securities said on Monday that it acquired a stake in Edinburgh Airport in Scotland.Edinburgh Airport is jointly owned by Gl...
Oct 07, 2024 (Gmt+09:00)
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Banking & Finance
Mirae Asset Securities builds AI-based stock analysis system
South Korea's Mirae Asset Securities Co. said on Monday that it has established an AI Market Assistant system, in which artificial intelligence (AI)...
Oct 07, 2024 (Gmt+09:00)
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Automobiles
Kia to sweep top three spots in Korea car sales on SUV, hybrid boom
Kia Corp., South Korea’s No. 2 automaker, is poised to claim the top three spots on the country’s best-selling car list this year thanks...
Oct 07, 2024 (Gmt+09:00)
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Artificial intelligence
SK Telecom to host SK AI Summit in Seoul
South Korea's SK Telecom Co. said on Monday that it will host the SK AI Summit 2024 on November 4-5 at COEX in Seoul, expanding the annual event int...
Oct 07, 2024 (Gmt+09:00)
Latest News
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- 4 Trump Jr. meets Korean business chiefs in back-to-back sessions
- 5 Samsung in talks to supply customized HBM4 to Nvidia, Broadcom, Google