LG CNS chosen design consultant for Indonesia's $38 bn smart city project

LG CNS chosen design consultant for Indonesia's $38 bn smart city project

LG CNS Co., a South Korean major information technology service provider, is set to consult on the design of an Indonesian smart city project worth ...

LG Elec. launches 'online playground' for Gram laptop users

LG Elec. launches 'online playground' for Gram laptop users

In a bid to bolster its fan base, LG Electronics Inc. has launched an online community dedicated to users of its LG Gram laptops. The digital s...

LG Energy to power all its global operations with renewable energy by 2025

LG Energy to power all its global operations with renewable energy by 2025

LG Energy Solution Ltd., South Korea’s top battery maker, plans to power all its global production sites with only renewable energy by 2025 to...

China's lockdown slams Korean beauty giants' Q2 earnings

China's lockdown slams Korean beauty giants' Q2 earnings

South Korea’s two major cosmetics firms, Amorepacific Corp. and LG H&H Co., posted their second-quarter earnings heavily impacted by Chi...

LG Chem, GM in $30.6 billion EV battery materials supply deal

LG Chem, GM in $30.6 billion EV battery materials supply deal

South Korea’s top chemicals company LG Chem Ltd. has signed a long-term battery materials supply deal with General Motors Co. to support the U...

LG Display to close LCD TV panel business for domestic use in Korea

LG Display to close LCD TV panel business for domestic use in Korea

LG Display Co., South Korea’s major display maker, is set to pull out of the liquid crystal display (LCD) TV panel business for domestic use. ...

LG Energy shrugs off slowing economy as demand grows

LG Energy shrugs off slowing economy as demand grows

South Korea’s top battery maker LG Energy Solution Ltd. on Wednesday unveiled its ambitious goals for revenue and operating margins as electri...

LG Energy, China’s Huayou Cobalt to build battery recycling joint venture

LG Energy, China’s Huayou Cobalt to build battery recycling joint venture

South Korea’s top battery maker LG Energy Solution Ltd. and China’s mining company Zhejiang Huayou Cobalt Co. have agreed to launch a ba...

LG to benefit from global mid-sized OLED TV sales growth

LG to benefit from global mid-sized OLED TV sales growth

Medium-sized organic light-emitting diode (OLED) TVs are in the spotlight in the global premium TV market, where consumers have preferred larger scr...

LG Energy to double Ford battery pack production line in Poland

LG Energy to double Ford battery pack production line in Poland

LG Energy Solution Ltd., SK Innovation Co., and other South Korean companies are poised to strengthen their business ties with Michigan-based Ford M...

SK Hynix puts $3.3 billion factory plan on hold amid global uncertainty

SK Hynix puts $3.3 billion factory plan on hold amid global uncertainty

SK Hynix Inc., the world’s second-largest memory chipmaker, has decided to hold off on a 4.3 trillion won ($3.3 billion) plan to build a new N...

Patents, LG Elec.’s legacy from smartphone business

Patents, LG Elec.’s legacy from smartphone business

LG Electronics Inc., the global home appliance leader, is targeting the quickly growing global earbuds market with new products based on technologie...

LG Uplus aims to recycle 100% of industrial waste in 3 years

LG Uplus aims to recycle 100% of industrial waste in 3 years

LG Uplus Corp. announced it will recycle 100% of industrial waste from its plants by 2025.The mobile network arm of LG Corp. published a report titl...

LG stands out among conglomerates in race to strengthen robotics arms

LG stands out among conglomerates in race to strengthen robotics arms

South Korean conglomerates are rushing to nurture their robotics businesses, encouraged by surging demand for robots in the service industry.LG Elec...

LG Innotek dwarfs Korean rivals with hefty investment plan

LG Innotek dwarfs Korean rivals with hefty investment plan

LG Innotek Co., a major supplier of camera modules for Apple iPhones, is the only South Korean company to announce a billion-dollar facility investm...

LG to accelerate foray into WebOS TV platform market

LG to accelerate foray into WebOS TV platform market

South Korea’s LG Electronics Inc., the world’s second-largest TV manufacturer, is aiming for a tenfold increase in the number of TV vend...

LG Elec. profit down on costs; automotive biz back in the black

LG Elec. profit down on costs; automotive biz back in the black

LG Electronics Inc., the global home appliance maker, suffered a lower profit in the second quarter on the back of rising commodity and logistics co...

Korea faces risk from record $114 bn in inventory assets

Korea faces risk from record $114 bn in inventory assets

South Korea’s major listed companies held record inventory assets as they piled up raw materials to deal with the global supply chain disrupti...

LG Innotek to invest $1.1 bn to ramp up substrate, camera module output

LG Innotek to invest $1.1 bn to ramp up substrate, camera module output

South Korea’s LG Innotek Co. said on Wednesday it will invest 1.4 trillion won ($1.1 billion) in expanding facilities for semiconductor substr...

Samsung wins multi-billion-dollar camera module deal from Tesla

Samsung wins multi-billion-dollar camera module deal from Tesla

Samsung Electro-Mechanics Co., the electronic components unit of Samsung Group, has won a multi-billion-dollar deal to supply camera modules to Tesl...

LG Energy to supply $765 million batteries to Japan’s Isuzu Motors

LG Energy to supply $765 million batteries to Japan’s Isuzu Motors

LG Energy Solution Ltd., one of the world’s leading battery makers, has agreed to supply its cylindrical batteries to Isuzu Motors Ltd., Japan...

Infotainment, telematics define LG’s new future with $6.2 billion in orders

Infotainment, telematics define LG’s new future with $6.2 billion in orders

When LG Electronics Inc. surprised the market last year by announcing that it was exiting the mobile phone business, one of its mainstay businesses,...

LG Energy surrenders No. 2 EV battery position to BYD

LG Energy surrenders No. 2 EV battery position to BYD

LG Energy Solution Ltd., South Korea’s leading battery maker, gave up its second-largest position in the global electric vehicle cell market...

LG Elec.-SM Ent. tie up to challenge Apple Fitness+

LG Elec.-SM Ent. tie up to challenge Apple Fitness+

LG Electronics Inc. and SM Entertainment Co., South Korea’s giants in the home appliances and entertainment sectors, joined hands in the home ...

LG eyes clean tech supremacy with $1.5 bn spending on green projects

LG eyes clean tech supremacy with $1.5 bn spending on green projects

South Korea’s fourth-largest conglomerate LG is setting its sights on clean energy technology as it steps up efforts to transform into an eco-...

LG Magna to spend $78 mn on China capacity expansion

LG Magna to spend $78 mn on China capacity expansion

LG Magna e-Powertrain Co. will invest $78 million in its Chinese plant of electric vehicle parts to meet growing demand in the world’s largest...

LG Innotek unveils top-of-the-line in-cabin radar module

LG Innotek unveils top-of-the-line in-cabin radar module

South Korea’s electronic parts maker LG Innotek unveiled an in-cabin radar module Tuesday, which it says is the most advanced version of such ...

LG Electronics, GS acquire AppleMango to launch EV charging business

LG Electronics, GS acquire AppleMango to launch EV charging business

LG Electronics Inc., in partnership with GS Group, is advancing into the electric vehicle charging service market by acquiring AppleMango Co., a Sou...

S.Korean conglomerates look to paint future with NFTs

S.Korean conglomerates look to paint future with NFTs

The non-fungible token (NFT) ecosystem has penetrated into mainstream society. NFTs are digital assets that represent objects in the physical world,...

Petrochem firms to fuel plants with self-supplied power

Petrochem firms to fuel plants with self-supplied power

South Korea’s petrochemical companies will build power plants for the first time in their history to meet their rising energy needs on a stabl...

LG Electronics acquires Norway’s OSO in bold HVAC expansion Hanwha becomes 1st Korean insurer to foray into foreign banking market NPS, Scape in record deal to acquire Aussie senior living operator Aveo from Brookfield HYBE to bring K-pop idol playbook to India, tapping local talent POSCO sets sights on lithium production in US