Vingroup eyes LG’s smartphone business: Reports

Vingroup eyes LG’s smartphone business: Reports

Vietnam’s largest conglomerate Vingroup is interested in acquiring part of LG Electronics Inc.’s smartphone operation to bolster its hig...

LG Electronics to consider selling smartphone business

LG Electronics to consider selling smartphone business

South Korea-based LG Electronics Inc. looks to be considering selling off its struggling smartphone division, which has been in the red for 23 con...

LG Electronics, Luxoft to launch car infotainment JV in January

LG Electronics, Luxoft to launch car infotainment JV in January

LG Electronics Inc. will launch a car infotainment system joint venture with Luxoft, a DXC Technology company headquartered in Switzerland, later th...

LG reveals rollable smartphone with expanded screen

LG reveals rollable smartphone with expanded screen

The man in the video spreads out a screen rolled up in the back of a smartphone, with the phone display expanding to the size of a tablet PC.LG El...

Korean Air begins due diligence on Asiana Airlines

Korean Air begins due diligence on Asiana Airlines

The proposed union between South Korea’s two leading airlines is nearing the finish line as Korean Air Lines Co. begins due diligence on Asi...

LG Display unveils brighter next-generation OLED TV panel, to add models

LG Display unveils brighter next-generation OLED TV panel, to add models

LG Display Co., a major South Korean display panel maker, has unveiled a next-generation OLED TV panel that enables brighter and more vivid picture ...

Samsung, LG vie for top spot as premium TV players at CES 2021

Samsung, LG vie for top spot as premium TV players at CES 2021

Samsung Electronics Co. and LG Electronics Inc., the world’s two largest TV makers, are showcasing a series of new models at the world’s...

LG Energy Solution to begin IPO process, eyes H2 listing on local bourse

LG Energy Solution to begin IPO process, eyes H2 listing on local bourse

LG Chem Ltd.’s battery unit, LG Energy Solution, is set to become this year’s initial public offering blockbuster with its plan to list ...

LG takes over controlling stake in US TV data analysis firm Alphonso

LG takes over controlling stake in US TV data analysis firm Alphonso

South Korea’s LG Electronics Inc. has acquired a controlling stake in US-based TV data analysis startup Alphonso Inc. to strengthen its softwa...

Korean Air wins shareholders' approval for Asiana deal

Korean Air wins shareholders' approval for Asiana deal

Korean Air Lines Co. will proceed with its planned $1.6 billion acquisition of Asiana Airlines Inc. after winning approval from a majority of its sh...

Japan’s JSR reaches out to Lotte, LG for sale of synthetic rubber business

Japan’s JSR reaches out to Lotte, LG for sale of synthetic rubber business

Japan’s JSR Corp. is reaching out to Korean chemical companies to dispose of its synthetic rubber business and focus instead on semiconductor ...

NPS to veto Korean Air's acquisition of Asiana Airlines

NPS to veto Korean Air's acquisition of Asiana Airlines

The National Pension Service, the No. 2 shareholder of Korean Air Lines Co., will vote against the flag carrier’s plan to acquire Asiana Airli...

LG Electronics, Magna to launch $1 bn EV gear JV

LG Electronics, Magna to launch $1 bn EV gear JV

LG Electronics Inc. and Magna International Inc. will form a $1 billion joint venture to build electric car components as the tech companies tap int...

LG Energy Solution, Indonesia sign MOU on battery cooperation

LG Energy Solution, Indonesia sign MOU on battery cooperation

LG Energy Solution, the battery unit of LG Chem Ltd., has signed a memorandum of understanding with the Indonesian government’s investment aut...

Hahn & Co finances $700 mn Korean Air deal with about $400 mn debt

Hahn & Co finances $700 mn Korean Air deal with about $400 mn debt

Hahn & Co., a South Korean private equity firm, has completed the payment for the 790 billion won ($722 million) purchase of Korean Air Lines' i...

US hedge fund Whitebox Advisors opposes LG’s planned spin-off

US hedge fund Whitebox Advisors opposes LG’s planned spin-off

Whitebox Advisors LLC, a US-based hedge fund, opposes a planned spin-off by South Korea’s LG Corp., saying the plan sacrifices minority shareh...

LG Chem to power Wuxi plant with renewable energy bought from China

LG Chem to power Wuxi plant with renewable energy bought from China

South Korea's LG Chem Ltd. says it will power its battery component plant in China with renewable energy as part of its goal to be carbon neutral by...

Samsung Electronics unveils 110-inch premium MicroLED TV

Samsung Electronics unveils 110-inch premium MicroLED TV

Samsung Electronics Co. has unveiled a new 110-inch light-emitting diode (LED) TV as the South Korean tech giant aims to enhance its presence in the...

POSCO Chem becomes supplier for GM-LG Energy Solution JV

POSCO Chem becomes supplier for GM-LG Energy Solution JV

POSCO Chemical Co., a secondary battery materials unit under POSCO, saw its share price surge on announcing that it has secured a contract worth bil...

Samsung Electronics to raise image sensor output to overtake Sony

Samsung Electronics to raise image sensor output to overtake Sony

Samsung Electronics Co. is switching one of its DRAM chip fabrication lines to boost production of image sensors used in smartphones and other gadge...

Samsung Electronics buys land in Austin, eyes foundry expansion

Samsung Electronics buys land in Austin, eyes foundry expansion

Samsung Electronics Co. has purchased a giant lot of land in Austin, Texas, where its US chip plant is located, raising expectations that the compan...

Investors set sights on value stocks as LG Electronics’ shares soar

Investors set sights on value stocks as LG Electronics’ shares soar

With South Korea’s stock market indexes at or near all-time highs, finding bargains in the market is a daunting task.Growth stocks such as bat...

LG launches AI research think tank for digital transformation

LG launches AI research think tank for digital transformation

LG Electronics Inc. has launched LG AI Research, an artificial intelligence think tank dedicated to securing AI technology, to further aid the gro...

Seoul court clears way for Korean Air’s $1.6 bn Asiana deal

Seoul court clears way for Korean Air’s $1.6 bn Asiana deal

Korean Air Lines Co. will push ahead with its planned $1.6 billion acquisition of debt-laden Asiana Airlines Inc., the company said, after a Seoul d...

LG Chem launches battery unit LG Energy Solution, eyes 2024 sales of $27 bn

LG Chem launches battery unit LG Energy Solution, eyes 2024 sales of $27 bn

South Korea’s LG Chem Ltd. has officially launched its battery affiliate, LG Energy Solution, to carve out a greater share of the increasingly c...

LG Chem, China’s CATL neck and neck in race for top battery player’s spot

LG Chem, China’s CATL neck and neck in race for top battery player’s spot

Global competition for the world’s top spot for the manufacture of electric-vehicle batteries is getting fiercer as major players in South Kor...

LG to hive off trading, four other units into new group

 LG to hive off trading, four other units into new group

South Korea’s fourth-largest conglomerate LG Group will split off its trading arm LG International Corp. and four other non-core units into a ...

Samsung Electronics hits record-high global TV market share in Q3

Samsung Electronics hits record-high global TV market share in Q3

Samsung Electronics Co.’s global TV market share rose to record levels in the third quarter in value terms, boosted by large-size organic ligh...

LG Chem beats CATL, Panasonic to supply batteries for Tesla’s Model Y SUV

LG Chem beats CATL, Panasonic to supply batteries for Tesla’s Model Y SUV

South Korea’s LG Chem Ltd. will supply batteries to US electric vehicle giant Tesla Inc. for its latest mid-size SUV Model Y, to be manufact...

Lady Gaga lights up LG screen in Times Square

Lady Gaga lights up LG screen in Times Square

Pop diva Lady Gaga’s '911' music video brightened up New York’s Times Square on Nov. 18. The video was played on LG Electronics’...

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