LG Energy Solution US dollar bonds
Scope
Date
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Batteries
SK On signs MOU to secure US-sourced lithium from ExxonMobil
SK On Co. has inked an MOU with ExxonMobil Corp. to buy lithium extracted by the US oil giant from a salt well in the US state of Arkansas. The deal...
Jun 26, 2024 (Gmt+09:00)
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Batteries
SK On to sell $360 mn in perpetual bonds amid tough EV market
SK On Co., the world’s fifth-largest electric vehicle battery maker, plans to sell 500 billion won ($359.6 million) in its first perpetual bon...
Jun 25, 2024 (Gmt+09:00)
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Korean startups
SK Innovation-backed Marine Innovation looks to enter US green market
Marine Innovation Co., a South Korean eco-friendly social venture company sponsored by the country’s top energy firm SK Innovation Co., is par...
Jun 25, 2024 (Gmt+09:00)
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Corporate restructuring
SK Inc. in talks to sell Pharmteco’s US CDMO plant to Novo Nordisk
SK Inc., the holding and investment company of SK Group, South Korea’s second-largest conglomerate, is negotiating to sell a major asset of it...
Jun 25, 2024 (Gmt+09:00)
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Markets
Korea's bet on US assets up on bull stocks, EV incentives
South Korea’s financial assets in the US hit a record high last year due to the US stock market rally and Korean companies’ capital inje...
Jun 25, 2024 (Gmt+09:00)
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Artificial intelligence
LG Uplus launches generative AI ixi-GEN
South Korean major mobile carrier LG Uplus Corp. officially launched its generative artificial intelligence model ixi-GEN on Tuesday, joining its bi...
Jun 25, 2024 (Gmt+09:00)
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Corporate bonds
EV battery maker LG Energy eyes $2 bn global bond sale
LG Energy Solution Ltd., the world’s third-largest electric vehicle battery maker, is poised to raise $2 billion in global bonds by the end of...
Jun 25, 2024 (Gmt+09:00)
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Corporate bonds
Doosan emerges as darling in Korea’s BBB bond market
Doosan Co. is poised to raise up to 80 billion won ($58 million) in bond sales this week following its credit rating upgrade as the holding company ...
Jun 25, 2024 (Gmt+09:00)
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Banking & Finance
Mirae Asset's US dividend premium fund surpasses $72 mn in net assets
South Korea's Mirae Asset Global Investments Co. announced on Tuesday that the net assets of its Mirae Asset US Dividend Premium Fund, which invests...
Jun 25, 2024 (Gmt+09:00)
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Bio & Pharma
JLK gets FDA OK for prostate cancer diagnosis AI solution
South Korea’s JLK Inc., an AI-based diagnosis solution and platform maker, announced on Monday that it got approval from the US Food and Drug ...
Jun 25, 2024 (Gmt+09:00)
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Electronics
LG Display bets big on Tandem OLED in AI computing era
LG Display Co., the world’s top organic light-emitting diode (OLED) TV panel maker, is raising the stakes in Tandem OLED technology to stay ah...
Jun 24, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
HD KSOE eyes $3.4 bn worth of orders from France's CMA CGM
South Korea’s largest shipbuilder, HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE), is eyeing around $3.4 billion worth of orde...
Jun 24, 2024 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus to unveil quantum proof solution Alphakey
South Korea's LG Uplus Corp. announced on Monday that it will unveil its new integrated account management solution for cloud services Alphakey at Q...
Jun 24, 2024 (Gmt+09:00)
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Electronics
LG Innotek eyes $1.4 bn in automotive sensor sales by 2030
LG Innotek Co., South Korea’s leading mobile camera module maker, is upping the ante to lead the automotive sensing market with high-performan...
Jun 24, 2024 (Gmt+09:00)
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IPOs
d’Alba maker Bmonument, Memebox, Easytem line up for Korean IPOs
South Korea’s promising beauty and healthcare device startups are looking to go public on the domestic bourse to scale up after gaining popula...
Jun 23, 2024 (Gmt+09:00)
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Energy
QCells wins 2GW solar panel deal for US community solar farms
Hanwha Q Cell Co., better known as QCells in overseas markets, has signed a solar panel supply and partnership agreement for energy storage system (...
Jun 21, 2024 (Gmt+09:00)
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Batteries
Lotte Energy Materials sets sights beyond copper foil: CEO Kim
MUNICH – Lotte Energy Materials Corp. is one of South Korea’s leading battery materials specialists.Formerly known as Iljin Materials Co...
Jun 21, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha acquires $100 million Philly Shipyard for US market debut
South Korean chemicals-to-defense conglomerate Hanwha has signed a $100 million deal to acquire a 100% stake in Philly Shipyard Inc., becoming the f...
Jun 21, 2024 (Gmt+09:00)
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Private equity
Affirma Capital seeks to sell entire stake in both SeAH FS, S&G Holdings
Affirma Capital, a Singapore-based buyout private equity firm, is seeking to sell its entire stake in both South Korean steel tube maker SeAH FS and...
Jun 20, 2024 (Gmt+09:00)
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Korean startups
Dentlink, virtual lab for dentists around the world
It's been just over two years since Innovaid Co. launched Dentlink but the South Korean startup has already pivoted from its earlier local market-ce...
Jun 20, 2024 (Gmt+09:00)
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Energy
LG Uplus to enter renewable energy market through power brokerage
LG Uplus Corp., South Korea's third-largest mobile carrier, announced on Thursday that it will enter the renewable energy supply business through po...
Jun 20, 2024 (Gmt+09:00)
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Electric vehicles
LG Elec, ChargePoint to collaborate for EV charging
LG Electronics Inc. announced on Wednesday that it had recently signed a business agreement with the No. 1 electric vehicle (EV) charging operator (...
Jun 19, 2024 (Gmt+09:00)
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Artificial intelligence
LG CNS gets AWS Generative AI Competency
LG CNS Co., a cloud computing services arm of South Korea's LG Corp., announced on Wednesday that it achieved the AWS Generative AI Competency from ...
Jun 19, 2024 (Gmt+09:00)
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Energy
Taihan Cable wins $94 mn power grid project in US
South Korea's Taihan Cable & Solution Co. announced on Tuesday that it has consecutively won three power grid projects in the US. The total cont...
Jun 18, 2024 (Gmt+09:00)
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Korean startups
Uniqconn raises $7 mn in Series A round
South Korea's system semiconductor startup Uniqconn announced on Tuesday that it attracted 10 billion won ($7.24 million) in Series A roundThe fun...
Jun 18, 2024 (Gmt+09:00)
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Electronics
LG Display introduces proprietary GenAI in office
LG Display Co., the world’s leading manufacturer of organic light-emitting diode (OLED) panels, announced on Monday that it developed and intr...
Jun 17, 2024 (Gmt+09:00)
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Banking & Finance
S.Korea’s Woori to team up with US Nuveen to enhance IB part
Woori Bank and Woori Asset Management, subsidiaries of South Korea's Woori Financial Group, announced on Sunday that they signed a memorandum of u...
Jun 17, 2024 (Gmt+09:00)
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Korean food
Frozen kimbap market emerges as new K-food battlefield
South Korean fishery processing and seafood major Sajo Daerim Corp. has forayed into the frozen kimbap market, becoming a new big player in the coun...
Jun 14, 2024 (Gmt+09:00)
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AgTech
LG CNS launches AI-driven smart farm using satellite
A new AI-powered smart farm utilizing satellite imagery to detect crop diseases and recommend treatment strategies is now operational, LG CNS Co., a...
Jun 14, 2024 (Gmt+09:00)
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Batteries
Hyundai, LG Energy to jointly develop EV battery swapping service
South Korea’s Hyundai Motor Co. will join forces with the world’s leading battery maker LG Energy Solution Ltd. to launch electric vehic...
Jun 13, 2024 (Gmt+09:00)
Latest News
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- 4 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 5 Korea to allow non-profits to buy bad consumer loans