LG Electronics TV market share
Scope
Date
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Travel & Leisure
Korea’s luxury resort market blossoms despite slow economy
South Korea’s luxury resort market seems to operate out of sync with the economy. High-end operators are opening swanky holiday resorts in Kor...
Feb 02, 2024 (Gmt+09:00)
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Beauty & Cosmetics
Korean vegan makeup brand Dear Dahlia on the market
Dear Dahlia, a South Korean vegan makeup brand that operates around 300 stores across the globe, has been put on for sale for more than 100 billion ...
Feb 02, 2024 (Gmt+09:00)
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Chemical Industry
SK Chemicals targets US medical packaging market
South Korea's SK Chemicals Co. is targeting the US medical packaging market with its circular recycling materials. Circular recycling is SK Chemical...
Feb 01, 2024 (Gmt+09:00)
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Private debt
Korean LPs stick to private debt amid market uncertainties
South Korean limited partners will tap private debt as their most preferred asset class in 2024 to secure stable income amid geopolitical conflicts an...
Feb 01, 2024 (Gmt+09:00)
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Venture capital
SK Networks ties up with US-based Bow Capital for investments
SK Networks Co., a South Korean trading company, joined hands with Silicon Valley-based venture capital firm Bow Capital for investment cooperation,...
Jan 31, 2024 (Gmt+09:00)
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Beauty & Cosmetics
Amorepacific's profit halves on weak sales in China; shares drop
South Korean cosmetics giant Amorepacific Group's stock closed at 3,400 won ($2.6) on Wednesday, down 12.1% after the group announced disappointing ...
Jan 31, 2024 (Gmt+09:00)
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Food & Beverage
Lotte Wellfood to produce Pepero in India
South Korea's Lotte Wellfood Co. announced on Wednesday that it plans to build a Pepero production line in India. Pepero is a thin cookie stick with...
Jan 31, 2024 (Gmt+09:00)
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Batteries
LG Energy Solution's ESS division posts first-ever profit
LG Energy Solution Ltd.'s energy storage system (ESS) division posted its first-ever profit on the back of growing replacement demand and new constr...
Jan 30, 2024 (Gmt+09:00)
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Retail
Korean convenience stores push exports of own brand products
South Korean convenience store chains are accelerating exports of food products under their private brands as the domestic market competition is int...
Jan 30, 2024 (Gmt+09:00)
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Korean chipmakers
No annual bonuses for Samsung chip unit due to loss
Samsung Electronics Co., the world’s top memory chipmaker, decided not to pay annual bonuses to staff of its semiconductor business due to the...
Jan 30, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai, BAIC join hands to develop China-only EV brand
BEIJING – Hyundai Motor Co. has joined hands with Beijing Motor Corp. (BAIC) to debut a new electric vehicle brand specifically tailored to Ch...
Jan 29, 2024 (Gmt+09:00)
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Earnings
Hyosung Advanced Materials' operating profit down 45% in 2023
Hyosung Advanced Materials announced on Monday that its operating profit for last year on a consolidated basis was 172.4 billion won ($129 million),...
Jan 29, 2024 (Gmt+09:00)
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Sovereign wealth funds
Korea’s KIC opens Mumbai office to spur emerging market investment
Sovereign wealth fund Korea Investment Corporation (KIC) said on Monday it has launched its Mumbai office, establishing the state-run fund’s f...
Jan 29, 2024 (Gmt+09:00)
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Electronics
LG Elec unveils OLED TV featuring world-renowned AI artist in US
LG Electronics Inc. collaborated with world-renowned artificial intelligence (AI) artist Stephanie Dinkins to showcase art pieces that explore commu...
Jan 29, 2024 (Gmt+09:00)
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Batteries
LG Energy to supply $748 million worth of 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...
Jan 26, 2024 (Gmt+09:00)
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Electronics
LG to unveil commercial display solutions at ISE 2024
LG Electronics Inc. said on Friday it will unveil a cloud platform for business-to-business (B2B) customers of commercial displays at Integrated Sys...
Jan 26, 2024 (Gmt+09:00)
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Earnings
LG Energy leaves 2024 capex unchanged despite softer demand
LG Energy Solution Ltd. will break through the anticipated slowdown in global electric vehicle demand this year with enhanced technology leadership ...
Jan 26, 2024 (Gmt+09:00)
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Aerospace & Defense
Korea unveils next-gen howitzer plans for defense exports
South Korea introduced plans for the development of next-generation self-propelled howitzers to its existing customers as the country aims to foster...
Jan 26, 2024 (Gmt+09:00)
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Earnings
LG Electronics likely ahead of Whirlpool with record 2023 sales
LG Electronics Inc. is consolidating its lead over Whirlpool Corp. as the world’s top home appliances maker as the South Korean electronics ma...
Jan 26, 2024 (Gmt+09:00)
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Travel & Leisure
Lotte Duty Free, Modetour to co-work for Vietnam tourism
South Korea's Lotte Duty Free announced on Friday that it has signed a memorandum of understanding (MOU) with Modetour Network Inc. to jointly devel...
Jan 26, 2024 (Gmt+09:00)
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Energy
Doosan Enerbility wins $210 mn S.Korean power plant deal
South Korea’s major power plant builder Doosan Enerbility Co. has bagged a 280 billion won ($209.6 million) contract to supply core equipment ...
Jan 25, 2024 (Gmt+09:00)
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Alternative investments
Peak views: What lies ahead in 2024?
With 2023 at a close, financial markets are at an important junction. Major developed market central banks have paused their rate rises and there ...
Jan 25, 2024 (Gmt+09:00)
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Earnings
Hyundai Motor, Kia: S.Korea’s highest earners, Tesla’s biggest rival in US
Hyundai Motor Co. and Kia Corp., South Korea’s two largest automakers, became the country’s highest earners in 2023, buoyed by robust sa...
Jan 25, 2024 (Gmt+09:00)
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Earnings
Kia posts record 2023 sales, profit with bold 2024 business targets
Kia Corp., South Korea’s second-largest automaker, on Thursday posted record 2023 profit and sales revenue, driven by strong sales of pricey m...
Jan 25, 2024 (Gmt+09:00)
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Batteries
LG Energy to invest in Li-metal battery developer Sion Power
Global lithium-ion battery major LG Energy Solution Ltd. will invest in Sion Power Corp., a US startup holding core patents in lithium-metal battery...
Jan 25, 2024 (Gmt+09:00)
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Automobiles
Hyundai Wia logs $780 mn in constant velocity joint orders
Hyundai Wia Corp., a South Korean automotive parts manufacturer, said on Wednesday it secured 1.045 trillion won ($781 million) worth of overseas or...
Jan 24, 2024 (Gmt+09:00)
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Energy
HD Hyundai Oilbank to advance into N.American lubricants market
HD Hyundai Oilbank Co., South Korean shipbuilding and machinery conglomerate HD Hyundai Co.'s oil refining unit, will venture into the North America...
Jan 24, 2024 (Gmt+09:00)
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Tech, Media & Telecom
LG Channels poised to take off in India as new cash cow
LG Electronics Inc.'s transformation into a media and entertainment platform is gaining traction as its free web-based television streaming service ...
Jan 24, 2024 (Gmt+09:00)
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Korean chipmakers
Samsung’s new 990 EVO SSD ideal for everyday use, more demanding work
Samsung Electronics Co., the world’s largest memory chipmaker, on Wednesday announced a new addition to its consumer solid-state drive (SSD) l...
Jan 24, 2024 (Gmt+09:00)
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Chemical Industry
SKC to develop biodegradable eco-friendly paint containers
SK TBMGeoStone, a subsidiary of South Korea's SKC Ltd. for the investment of biodegradable material, plans to enter the eco-friendly container marke...
Jan 24, 2024 (Gmt+09:00)
Latest News
- 1 MBK-owned Homeplus looks for new owner as M&A emerges as option
- 2 Hyundai Steel to displace Baoshan as GM Korea's supplier
- 3 S.Korea’s No.1 dried seaweed firm Kwangcheonkim up for sale for $295 mn
- 4 BOK chief warns against aggressive policy rate cuts, sees need for fiscal stimulus
- 5 S.Korea eases path for foreign REITs in senior housing push