Korean Air, Asiana may merge MRO businesses after spin-off

Korean Air, Asiana may merge MRO businesses after spin-off

South Korea’s two largest airliners, Korean Air Lines Co. and Asiana Airlines Inc., may combine their airplane repair and maintenance businesses...

Parent of Korean Air seeks to buy rival Asiana Airlines

Parent of Korean Air seeks to buy rival Asiana Airlines

Hanjin Group, which owns South Korea’s flag-carrier Korean Air Lines Co., is seeking to buy local rival Asiana Airlines Inc., signaling a mega d...

Hanwha Systems unveils Butterfly, personal air vehicle mockup

Hanwha Systems unveils Butterfly, personal air vehicle mockup

Hanwha Systems Co., a defense and information technology service unit of Hanwha Group, on Wednesday unveiled the mockup of its personal air vehicle (P...

LG Chem, Neste join forces to make bio-based synthetic resins

LG Chem, Neste join forces to make bio-based synthetic resins

LG Chem Ltd. plans to produce synthetic resins such as polyolefin, polycarbonate and polyvinyl chloride, using biomaterials from Finland's diesel prod...

Largest domestic carrier Korean Air posts Q3 surplus; peers swing negative

Largest domestic carrier Korean Air posts Q3 surplus; peers swing negative

South Korea’s flag carrier Korean Air Lines Co. has posted an operating profit for two straight quarters thanks to robust cargo operations keepi...

NPS dumps $265 mn LG Chem shares after spin-off announcement

NPS dumps $265 mn LG Chem shares after spin-off announcement

The National Pension Service, the No. 2 shareholder in South Korea's LG Chem Ltd., has sold off around 300 billion won ($265 million) worth of shares ...

LG Electronics posts record-high Q3 sales, operating profit

LG Electronics posts record-high Q3 sales, operating profit

LG Electronics Inc.’s quarterly operating profit and sales surged thanks to solid growth in its television and home appliance segments and small...

LG Chem shareholders approve plan to split off battery business

LG Chem shareholders approve plan to split off battery business

LG Chem Ltd. shareholders have approved the South Korean chemical maker’s plan to hive off its battery business, paving the way for the standalo...

LG Chem’s No. 2 shareholder NPS opposes battery spin-off

LG Chem’s No. 2 shareholder NPS opposes battery spin-off

South Korea’s National Pension Service (NPS) has decided to vote against LG Chem Ltd.’s plan to split off its battery business at a shareh...

LG to provide ice-making tech for Electrolux's French door refrigerators

LG to provide ice-making tech for Electrolux's French door refrigerators

South Korea's tech giant LG Electronics Inc. announced on Oct. 26 that it has entered into a patent-licensing agreement with Sweden-based Electrolux t...

LG Display swings to Q3 profit, ending six-quarter string of losses

LG Display swings to Q3 profit, ending six-quarter string of losses

LG Display Co., a major South Korean display panel maker, has swung to a quarterly profit for the first time in seven quarters on growing demand amid ...

LG Chem gears up to supply new batteries to Tesla; shares surge

LG Chem gears up to supply new batteries to Tesla; shares surge

Shares of LG Chem Ltd. surged on Oct. 22 as investors snapped up the electric vehicle battery maker on Tesla Inc.’s record quarterly earnings, a...

LG Display and Disney partner to offer new viewing experiences

LG Display and Disney partner to offer new viewing experiences

South Korea’s LG Display Co. and US-based StudioLAB have entered a three-year partnership that will combine the local display maker's innovative...

LG Chem’s Q3 profit soars, battery earnings at record high

LG Chem’s Q3 profit soars, battery earnings at record high

South Korea’s LG Chem Ltd. reported on Oct. 21 that its quarterly revenue and operating profit rose to all-time highs in the July-September peri...

LG Electronics launches world’s first roll-up TV

LG Electronics launches world’s first roll-up TV

LG Electronics Inc. has unveiled the world’s first roll-up TV in the Korean market as the South Korean consumer electronics giant aims to enhanc...

Hyundai Glovis, Hyundai Motor, LG Chem get nod on EV battery recycling

Hyundai Glovis, Hyundai Motor, LG Chem get nod on EV battery recycling

The South Korean government has eased regulations to allow local automakers and battery makers to collaborate on recycling used electric-vehicle batte...

LG Chem develops world's first biodegradable plastic alternative

LG Chem develops world's first biodegradable plastic alternative

LG Chem Ltd. has developed the world's first 100% biodegradable material that can replace plastic as the company moves to take the lead in the global ...

LG Chem to hold market lead with tenfold battery patents vs CATL: executive

LG Chem to hold market lead with tenfold battery patents vs CATL: executive

South Korea’s LG Chem Ltd., which has heavily invested in research and development projects, says it will retain its market lead over close riva...

Top proxy adviser ISS approves of LG Chem’s battery spin-off

Top proxy adviser ISS approves of LG Chem’s battery spin-off

LG Chem Ltd.’s plan to spin off its promising battery business has won support from the world’s top proxy adviser Institutional Shareholde...

Glass Lewis recommends LG Chem investors approve battery spin-off

Glass Lewis recommends LG Chem investors approve battery spin-off

Leading proxy adviser Glass Lewis has recommended that LG Chem Ltd. investors vote to approve the company’s plan to split off its battery busine...

LG Electronics to launch world’s first roll-up TV in October

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...

LG Chem surprises market with record Q3 earnings estimates

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...

LG Electronics expects record Q3 results on brisk home appliance, TV sales

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...

China’s CATL poised to overtake LG Chem as top EV battery maker

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 ...

Dust over Tesla settles; Morgan Stanley upgrades LG Chem to ‘overweight’

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...

Global IBs scurry to win IPO mandates for LG Chem’s battery business spin-off

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...

Tesla CEO's tweets allay concerns over EV battery supplies; LG Chem shares rise

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’...

LG Chem says dual listing of battery subsidiary possible, rules out pre-IPO

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...

Korean Air seeks to sell 73-story skyscraper amid financial woes

Korean Air seeks to sell 73-story skyscraper amid financial woes

Korean Air Lines. Co. is reaching out to overseas investors to gauge their interest in acquiring Wilshire Grand Center, a landmark building in Los Ang...

LG Chem to launch battery affiliate Dec. 1; IPO under review

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...

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