LG AI Research Center
Scope
Date
~
-
Roll-up TVs
LG Electronics to launch world’s first roll-up TV in October
LG Electronics Inc. plans to release the world’s first roll-up TV later this month as the South Korean consumer electronics giant aims to enhanc...
Oct 12, 2020 (Gmt+09:00)
-
Earnings
LG Chem surprises market with record Q3 earnings estimates
LG Chem Ltd., South Korea’s largest chemical and electric vehicle battery maker, expects its quarterly revenue and operating profit to rise to a...
Oct 12, 2020 (Gmt+09:00)
-
LG Electronics
LG Electronics expects record Q3 results on brisk home appliance, TV sales
LG Electronics Inc. expects its operating profit to rise to a quarterly record in the July-September period thanks to solid growth in its television a...
Oct 08, 2020 (Gmt+09:00)
-
Batteries
China’s CATL poised to overtake LG Chem as top EV battery maker
Global competition for the world’s top spot for the manufacture of rechargeable batteries is getting fiercer as China is stepping up efforts to ...
Oct 05, 2020 (Gmt+09:00)
-
Automobiles
Hyundai Motor hires two AI experts to strengthen foothold in future mobility
Hyundai Motor Group has hired two artificial intelligence experts as the company aims to secure its position in the future mobility sector, including ...
Sep 24, 2020 (Gmt+09:00)
-
Batteries
Dust over Tesla settles; Morgan Stanley upgrades LG Chem to ‘overweight’
South Korea’s LG Chem Ltd. is an attractive stock with 27% upside potential on removal of uncertainty over its battery business spin-off and Tes...
Sep 24, 2020 (Gmt+09:00)
-
Investment banking
Global IBs scurry to win IPO mandates for LG Chem’s battery business spin-off
Global investment banks are scrambling to win IPO mandates for LG Chem Ltd.’s battery business, which the South Korean company plans to hiv...
Sep 22, 2020 (Gmt+09:00)
-
Batteries
Tesla CEO's tweets allay concerns over EV battery supplies; LG Chem shares rise
Shares of LG Chem Ltd. rebounded on Sept. 22 from their shaky performance in the past few sessions, buoyed by Tesla Inc. founder Elon Musk’...
Sep 22, 2020 (Gmt+09:00)
-
Batteries
LG Chem says dual listing of battery subsidiary possible, rules out pre-IPO
South Korea’s LG Chem Ltd. may list its soon-to-be-launched battery subsidiary not just on the local bourse but also on overseas exchanges to ra...
Sep 18, 2020 (Gmt+09:00)
-
Batteries
LG Chem to launch battery affiliate Dec. 1; IPO under review
LG Chem Ltd., South Korea’s leading chemicals maker, has endorsed a company plan to spin off its battery business as a standalone entity to stre...
Sep 17, 2020 (Gmt+09:00)
-
LG Group
LG Chem to spin off battery business as wholly owned subsidiary
LG Chem Ltd. will spin off its secondary battery business into a wholly owned subsidiary in a move to foster its automotive battery business, accordin...
Sep 16, 2020 (Gmt+09:00)
-
M&A
LG Household continues cross-border M&A push in cosmetics market
LG Household & Health Care Ltd. was the most aggressive South Korean cosmetics firm in the cross-border M&A market between 2010 and 2019, with...
Sep 16, 2020 (Gmt+09:00)
-
LG Electronics
LG launches world's first rotatable T-shaped smartphone
LG Electronics Inc. unveiled its new smartphone LG Wing on Sept. 14 in an online event, the first product rolled out under the company’s Explore...
Sep 14, 2020 (Gmt+09:00)
-
LG Chem flies lithium-sulfur battery-loaded aircraft into stratosphere
LG Chem Ltd. has completed a test flight of an unmanned plane in the stratosphere using its lithium-sulfur battery for the first time in South Korea.T...
Sep 14, 2020 (Gmt+09:00)
-
Logistics
Teachers' savings fund to invest $85 mn in Amazon logistics center in US
The Korean Teachers’ Credit Union (KTCU) will invest 100 billion won ($85 million) in a pre-completed logistics center leased to Amazon.com in D...
Sep 14, 2020 (Gmt+09:00)
-
Battery
LG Chem flew lithium-sulfur battery-loaded aircraft into the stratosphere.
LG Chem Ltd. has completed a test flight of an unmanned plane at the highest altitude using its lithium-sulfur battery for the first time in South Kor...
Sep 14, 2020 (Gmt+09:00)
-
Alternative investments
Mirae Asset named preferred negotiator for 3 Amazon-leased logistics centers in US
Mirae Asset Global Investments Co. has been named the preferred negotiator to acquire three logistics centers in the US leased to American retail gian...
Sep 09, 2020 (Gmt+09:00)
-
electric vehicle battery
Korean manufacturers tangled in EV battery feud; Korean court rules in favor of LG Chem
The Seoul Central District Court has upheld the validity of LG Chem Ltd.'s patent infringement case in the US against SK Innovation Co. in its fi...
Aug 28, 2020 (Gmt+09:00)
-
Logistics
KB Securities buys Amazon’s Edinburgh logistics center for $86.5 mn: report
KB Securities Co. has reportedly acquired Amazon’s logistics center in Edinburgh, Scotland, for 102.5 billion won ($86.5 million), which the onl...
Aug 18, 2020 (Gmt+09:00)
-
Logistics
Tiger Alternative near closing $247 mn Home Depot logistics center deal: report
Tiger Alternative Investors Co. Ltd. is in the final stages of negotiations to acquire a new distribution center in Texas for $247 million, now leased...
Aug 11, 2020 (Gmt+09:00)
-
Batteries
Korea’s EV battery trio, led by LG Chem, emerge as market’s top picks
South Korea’s three electric-vehicle battery makers have become the local market’s top picks as their combined market capitalization nearl...
Aug 06, 2020 (Gmt+09:00)
-
Automobiles
Hyundai Motor, LG to unveil jointly developed future car interior concept next month
Hyundai Motor Co. and LG Electronics Inc. have jointly developed the interior concept of a future car, further consolidating their cooperation in self...
Aug 03, 2020 (Gmt+09:00)
-
Logistics
Korean logistics centers see high demand from untact businesses amid global pandemic
Logistics center operations in Korea have remained strong amid the global pandemic on account of e-commerce and third-party logistics' ...
Jul 22, 2020 (Gmt+09:00)
-
Hyundai Motor
Hyundai, Hankook Tire may rebuild relations with new test-driving center
Hyundai Motor Group has reached a tentative agreement to build the country’s biggest test-driving center at a new tire testing facility of Hanko...
Jun 17, 2020 (Gmt+09:00)
-
M&A
Shinhan backs AMP Capital’s $763 mn US data center acquisition
Shinhan Investment Corp. has provided 194.1 billion won ($162 million) in financing for AMP Capital’s 911 billion-won ($763 million) acquisition...
Feb 03, 2020 (Gmt+09:00)
-
Private equity
Macquarie buys $800 mn stake in LG Group’s IT firm
Macquarie’s South Korean unit signed a definitive agreement on Dec. 6 to buy a non-controlling stake in LG CNS Co. Ltd., an IT services arm of L...
Dec 07, 2019 (Gmt+09:00)
-
Korean startups
AI chip venture set to challenge Nvidia, Intel, Google
Back in 2017, the idea of launching a startup to make artificial intelligence (AI) semiconductors prompted many blank stares. It was a fight that coul...
Nov 01, 2019 (Gmt+09:00)
-
Logistics
Samsung Sec buys Amazon logistics center in Czech for $160 mn: report
Samsung Securities Co. Ltd. has bought Amazon’s only logistics center in Czech Republic for 186 billion won ($160 million), in its fourth acquis...
Oct 31, 2019 (Gmt+09:00)
-
KKR, Macquarie among bidders for over $800 mn stake in LG CNS
KKR, Macquarie’s investment unit, Carlyle Group and Goldman Sachs Principal Investment Area (PIA) have joined a race to buy a stake in LG CNS Co. Ltd....
Aug 27, 2019 (Gmt+09:00)
-
Credit Suisse-led fund buys Korean logistics centers for $104 mn
A fund led by Credit Suisse Asset Management’s real estate investment arm has acquired two logistics centers in South Korea for 120 billion won ($104 ...
Jul 01, 2019 (Gmt+09:00)
Latest News
- 1 Loss-making Lotte Chemical to sell water treatment unit to Synopex
- 2 Google to invest $100 mn in Gentle Monster in smart glasses push
- 3 Growth equity portfolio largely shielded from policy headwinds: Summit
- 4 Naver Financial seeks to acquire S. Korean real estate data platform Asil
- 5 KakaoBank shares surge on Thai virtual bank approval