LG Energy Solution diversifies supply chains to respond to US IRA

LG Energy Solution Ltd. has made a preemptive response to the Inflation Reduction Act of the US by securing the supply of lithium carbonate, a key m...

Galaxy S22 smartphone named to Time's 'Best Inventions of 2022'

The smartphone Galaxy S22 Ultra is one of three products by Samsung Electronics included on a list of this year's best inventions by the American ma...

Lawmakers’ move to amend law could rattle Samsung governance

South Korean lawmakers are moving to revise an insurance industry law that would force Samsung Group-affiliated insurers to sell their shares in Sam...

LG, Altair build AI-powered validation platform for automotive parts

LG Electronics Inc., an industry frontrunner in applying artificial intelligence to home appliances, said on Wednesday it has joined forces with Alt...

Jin from BTS becomes new face of Ottogi Jin Ramen 

South Korea’s food manufacturing giant Ottogi Co. has selected Jin from K-pop band BTS as its new face of the uber-popular Jin Ramen line.&nbs...

LG Display unveils world’s first high-resolution stretchable display

LG Display Co., a major South Korean display panel maker, said on Tuesday it has developed the world’s first full-color stretchable display th...

Samsung to only use Qualcomm’s AP for Galaxy S23 series

Samsung Electronics Co. is poised to release the Galaxy S23 series smartphones in mid-February, those familiar with the development told The Korea E...

LG Electronics to support partners’ efforts to strengthen cybersecurity

LG Electronics Inc., one of South Korea’s leading home appliance makers, said on Monday it will help its business partners strengthen their cy...

Korea Inc. accumulates cash as economic downturn deepens

South Korean companies, led by the country’s most valuable firm Samsung Electronics Co., have rushed to accumulate cash as interest rates kept...

Samsung, LG gear up for launch of 8K gaming monitors

Samsung Electronics Co. and LG Electronics Inc., South Korea’s two largest TV makers, are bracing for the impending arrival of a next-generati...

LG Electronics, 6 stellar startups to jointly develop B2B growth engines

LG Electronics will team up with promising startups to discover and develop new growth engines for business-to-business (B2B) operations. LG Electro...

LG CNS hires new employees based on computer coding skills

LG CNS Co., the information technology service arm of LG Group, is hiring new employees based on computer coding skills regardless of the candidates...

LG Chem posts strong Q3 earnings, buoyed by battery business

South Korea’s top chemicals company LG Chem Ltd. on Monday posted strong third-quarter sales and profit as gains at its battery affiliate offs...

Ex-LG Elec purchase head named Starkist CEO

Dongwon Group, a South Korean seafood and logistics conglomerate, announced on Monday that it has appointed Um Jae-woong, LG Electronics Inc.’...

Samsung SDI beats CATL in EV battery operating margin

Samsung SDI Co., the world’s sixth-largest electric vehicle battery maker, reported a higher operating margin than that of the global leader C...

Jay Y. Lee inaugurated as chairman of Samsung Electronics

Samsung Electronics Co.'s leader Jay Y. Lee was promoted as the company's chairman on Oct. 27.Samsung Electronics' board of directors approved the a...

Hyundai Motor to boost US presence with $5.5 bn new Georgia EV plant

Hyundai Motor Co. broke ground on a $5.54 billion electric vehicle and battery plant in the US state of Georgia on Tuesday, as the top South Korean ...

LG Energy set to ink graphite deal with Australia’s Syrah Resources

South Korea’s LG Energy Solution Ltd. said on Thursday it has signed an initial agreement to explore graphite procurement from Australia&rsquo...

Korea's LG Chem buys Nasdaq-listed biotech firm AVEO for $566 mn

South Korea’s chemicals giant LG Chem Ltd. announced on Oct. 18 that it will acquire AVEO Pharmaceuticals Inc., a Nasdaq-listed US biotech fir...

LG Elec speeds up robot biz expansion in logistics sector

LG Electronics Inc., the world’s top home appliance maker, has ramped up expansion of robot applications in the smart logistics sector with it...

Lab-grown fish, smart pillow: LG’s choices for future

Startups making lab-cultured seafood, smart pillows and others showcased their innovative products at an exhibition hosted by LG Group, South Korea&...

Firm dollar deters Korea Inc.’s overseas acquisition deals

The firm dollar is causing South Korean companies to postpone or cancel their plans to buy overseas firms for future growth as the US currency&rsquo...

LG Energy, POSCO join forces for EV battery business

LG Energy Solution Ltd. and POSCO Holdings Inc. have joined hands to enhance their competitiveness in the global electric vehicle battery sector and...

LG Energy to launch battery swapping services

LG Energy Solution Ltd., a South Korean rechargeable battery maker, has launched two in-house ventures to enter the battery swapping and energy aggr...

KT rebrands Olleh TV as Genie TV to transform into media portal

South Korea’s telecom giant KT Corp. is rebranding its IPTV service Olleh TV as Genie TV as part of its efforts to transform into a media port...

Samsung’s new $2.8 bn OLED plant to benefit Korean device makers

South Korea’s electronics equipment manufacturers are set to benefit from Samsung Display Co.’s planned construction of a $2.8 billion n...

LG Display holds digital art exhibition in London

South Korea’s LG Display Co. is holding a digital art exhibition in London for works created on its organic light-emitting diode (OLED) panels...

Korea ramen packet maker inks $1 bn battery material deal

A South Korean instant noodle packet maker has secured a $1 billion deal to supply battery materials to a joint venture between General Motors Co. a...

LG embraces ESG management standards with first groupwide report

South Korea’s fourth-largest conglomerate LG is rapidly embracing environmental, social and governance standards as key criteria in evaluating...

Squid Game makes Rolling Stone's 100 greatest TV shows list

Netflix original South Korean drama "Squid Game" has been selected as one of the 100 greatest TV shows of all time by US music and pop culture magaz...