Samsung Electronics to up AI chip foundry sales to 50% by 2028
Samsung Electronics Co. plans to up artificial intelligence chip foundry sales to about 50% of its total foundry sales in five years with its advanc...
LG Elec unveils shoe care appliance at ComplexCon 2023
LG Electronics Inc. unveiled its dedicated shoe care appliance Styler Objet Collection ShoeCare and ShoeCase at ComplexCon 2023 in Long Beach, Calif...
LG Elec separates new biz divisions into in-house entities
LG Electronics Inc., the leading global home appliance maker, has actively separated new business organizations into independent in-house entities, ...
LG Chem, SNU to jointly develop next-generation material
South Korea's LG Chem Ltd. partnered with Seoul National University (SNU) to develop next-generation material technologies, including pivotal materi...
LG Elec to venture into US EV charger market in 2024
South Korea’s LG Electronics Inc. is readying to enter the US electric vehicle charger market with the launch of EV chargers in the first half...
SK On, BASF tie up for EV battery materials business
SK On Co., the world’s fifth-largest electric vehicle battery maker, and BASF SE, a major global cell materials producer, joined forces for th...
LG, POSCO team up for unmanned robot’s facility management
LG Electronics Inc. announced on Wednesday it conducted a demonstration project for unmanned facility management using an artificial intelligence (A...
HD Hyundai Infracore to sell excavator in dept. store
South Korea's HD Hyundai Infracore Co. will sell excavators at a department store for the first time in the domestic construction equipment indust...
LG Elec’s vehicle systems plants running above full capacity
LG Electronics Inc.'s automotive electronics production plants have surpassed 100% of their operating rate this year as of the end of September.Acco...
Korean battery makers’ broad restructuring hits US
SK On Co., South Korea’s No. 3 battery maker, has decided to furlough employees at one of its US battery factories in the state of Georgia to ...
LG Uplus buys pet Airbnb-style startup to boost pet care services
LG Uplus Corp. has acquired a domestic dog space rental startup Along as the South Korean mobile carrier is zooming in on pet care services as its n...
LG to open Kitchen Trip in 100 accommodations in S.Korea
LG Electronics Inc. said on Monday it will start the LG Kitchen Trip, the event of its home appliances for customer experience in 100 tourist spor...
LG Energy, Ford’s battery JV in Turkey scrapped as EV uptake slows
A planned battery manufacturing joint venture between South Korea’s top battery maker LG Energy Solution Ltd., US carmaker Ford Motor Co. and ...
Samsung, LG accelerate push into virtual reality displays
South Korea’s two leading display makers Samsung Display Co. and LG Display Co. are in the early stages of developing screens for extended, or...
Samsung joins Swedish smartcity net zero home project
Samsung Electronics Co. announced on Friday it will provide its Net Zero Home solutions for the upcoming Brobyholm Smartcity near Stockholm, Swede...
South Koreans, frugal at home, open wallets abroad
Consumer spending in South Korea has been on the decline this year amid few signs of a near-term recovery. But when it comes to overseas spending, i...
LG Display’s OLED panel gets certifications for eye comfort
South Korea’s LG Display Co. announced on Wednesday its third-generation OLED TV panels got a certification from global safety science resea...
LG, Qraft Technologies' AI-powered ETF trades on NYSE
South Korea’s LG Group and Seoul-based Qraft Technologies Inc. have jointly launched an exchange-traded fund (ETF) that selects holdings relat...
Samsung Electronics hosts AI Forum 2023
Samsung Electronics Co. held on Tuesday the Samsung AI Forum 2023 with the theme of "Super AI for a Better Tomorrow" at the Suwon Convention Center ...
LG Energy, SK On to delay battery JVs with Ford as demand slows
South Korea’s leading battery makers are postponing their plans to start operations of their joint ventures with Ford Motor Co. as the growth ...
Brits to enjoy K-food Bibigo at home with delivery service
South Korean food giant CJ CheilJedang Corp. started the delivery service of its K-food brand Bibigo in the UK to accelerate the expansion of the As...
LG Elec to open heat pump research laboratory in Alaska
LG Electronics Inc. plans to open LG Advanced Cold Climate Heat Pump Laboratory in Alaska, the US for the development of heating, ventilation, &...
LG CNS to join New York digital transformation project
South Korea's information technology service provider LG CNS announced on Friday it has signed a memorandum of understanding (MOU) for a digital tra...
DRAM contract prices rebound after 27 months on rising demand
DRAM contract prices rebounded for the first time in more than two years last month amid the recovery in the consumer electronics market.The price g...
LG Elec to supply infotainment system for Genesis GV80
LG Electronics Inc. announced on Wednesday it will supply the webOS content platform for the redesigned GV80 and GV80 Coupe under the premium Genesi...
LG Uplus to build robot-friendly building with Hyundai
South Korea’s LG Uplus Corp. has teamed up with Hyundai Motor Co. and Kia Robotics Lab to build a communications infrastructure ecosystem at a...
LG Uplus developing communications GenAI ixi-GEN
South Korea’s LG Uplus Corp. on Sunday said it is developing the generative artificial intelligence (GenAI) ixi-GEN.The large language model (...
LG Chem, LX Hausys develop material delaying battery thermal runaway
South Korea’s LG Chem Ltd. and its spinoff LX Hausys Ltd. have jointly developed a material that delays the thermal runaway of electric vehicl...
LG Elec’s automotive business logs record quarterly profit
LG Electronics Inc., the leading global home appliance maker, said its automotive division enjoyed all-time high quarterly profit in the most recent...
LG Uplus completes second hyperscale data center
South Korea’s telecommunications company LG Uplus Corp. on Thursday announced the completion of a hyperscale data center – its second --...
