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...

Samsung Electronics embraces ESG for company assessment

Samsung Electronics embraces ESG for company assessment

South Korean companies are becoming more proactive in prioritizing environmental, social and governance (ESG) standards. In line with the ESG wave, Sa...

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...

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...

LG Chem to spin off battery business as wholly owned subsidiary

LG Chem to spin off battery business as wholly owned subsidiary

LG Chem Ltd. will spin off its secondary battery business into a wholly owned subsidiary in a move to foster its automotive battery business, accordin...

LG Household continues cross-border M&A push in cosmetics market

LG Household continues cross-border M&A push in cosmetics market

LG Household & Health Care Ltd. was the most aggressive South Korean cosmetics firm in the cross-border M&A market between 2010 and 2019, with...

LG launches world's first rotatable T-shaped smartphone

LG launches world's first rotatable T-shaped smartphone

LG Electronics Inc. unveiled its new smartphone LG Wing on Sept. 14 in an online event, the first product rolled out under the company’s Explore...

LG Chem flies lithium-sulfur battery-loaded aircraft into stratosphere

LG Chem flies lithium-sulfur battery-loaded aircraft into stratosphere

LG Chem Ltd. has completed a test flight of an unmanned plane in the stratosphere using its lithium-sulfur battery for the first time in South Korea.T...

LG Chem flew lithium-sulfur battery-loaded aircraft into the stratosphere.

LG Chem flew lithium-sulfur battery-loaded aircraft into the stratosphere.

LG Chem Ltd. has completed a test flight of an unmanned plane at the highest altitude using its lithium-sulfur battery for the first time in South Kor...

Korean manufacturers tangled in EV battery feud; Korean court rules in favor of LG Chem

Korean manufacturers tangled in EV battery feud; Korean court rules in favor of LG Chem

The Seoul Central District Court has upheld the validity of LG Chem Ltd.'s patent infringement case in the US against SK Innovation Co. in its fi...

Tiger Alternative near closing $247 mn Home Depot logistics center deal: report

Tiger Alternative near closing $247 mn Home Depot logistics center deal: report

Tiger Alternative Investors Co. Ltd. is in the final stages of negotiations to acquire a new distribution center in Texas for $247 million, now leased...

Korea’s EV battery trio, led by LG Chem, emerge as market’s top picks

Korea’s EV battery trio, led by LG Chem, emerge as market’s top picks

South Korea’s three electric-vehicle battery makers have become the local market’s top picks as their combined market capitalization nearl...

Hyundai Motor, LG to unveil jointly developed future car interior concept next month

Hyundai Motor, LG to unveil jointly developed future car interior concept next month

Hyundai Motor Co. and LG Electronics Inc. have jointly developed the interior concept of a future car, further consolidating their cooperation in self...

Macquarie buys $800 mn stake in LG Group’s IT firm

Macquarie buys $800 mn stake in LG Group’s IT firm

Macquarie’s South Korean unit signed a definitive agreement on Dec. 6 to buy a non-controlling stake in LG CNS Co. Ltd., an IT services arm of L...

KKR, Macquarie among bidders for over $800 mn stake in LG CNS

KKR, Macquarie among bidders for over $800 mn stake in LG CNS

KKR, Macquarie’s investment unit, Carlyle Group and Goldman Sachs Principal Investment Area (PIA) have joined a race to buy a stake in LG CNS Co. Ltd....

Kiwoom Asset provides $45 mn senior loan on Britain’s care homes

Kiwoom Asset provides $45 mn senior loan on Britain’s care homes

Kiwoom Asset Management Co. Ltd. has offered a £35 million ($45 million) senior loan secured against a portfolio of 110 care homes of Britain’s larges...

SK Innovation to supply batteries to Hyundai’s IONIQ 7

SK Innovation Co. is set to supply batteries for the IONIQ 7, Hyundai Motor Co.’s large electric sport utility vehicle (SUV) to be unveiled in...

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LG CNS develops code-generative AI solution

LG CNS develops code-generative AI solution

LG CNS, South Korea's leading information technology services provider, announced on Wednesday the development of AI Coding, an innovative code-gene...

Samsung Electronics opens gaming-focused shopping platform(edited)

Samsung Electronics opens gaming-focused shopping platform(edited)

Samsung Electronics Co. on Monday launched the "Samsung Game Portal" on Samsung.com in Korea, as the South Korean tech giant seeks to strengthen i...

LG Electronics collaborates with German Playmobil for figurines

LG Electronics Inc. unveiled its collaboration with the famous German toy brand Playmobil on Thursday, creating home appliance figurines. South Korean...

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