LG Energy Solution global bond
Scope
Date
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Artificial intelligence
SK invests $200 mn in US AI cluster builder SMART Global
SK Telecom Co. said on Tuesday it has agreed to invest $200 million in SMART Global Holdings Inc. (SGH), a US artificial intelligence cluster builde...
Jul 16, 2024 (Gmt+09:00)
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Electronics
LG Electronics’ new HVAC center in Europe to fight extreme temperatures
LG Electronics Inc., a leading South Korean home appliance maker, said on Monday it has set up a research center in Germany to help develop advanced...
Jul 15, 2024 (Gmt+09:00)
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Investment banking
Samsung Securities’ IB head to quit amid talent outflow
Lee Jae-hyun, who has led one of Samsung Securities Co.'s investment banking divisions for two years, has recently expressed his intention to quit, ...
Jul 12, 2024 (Gmt+09:00)
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Bio & Pharma
Samsung to invest $52 mn in US biotech VC Flagship Pioneering
Samsung C&T Corp., its bio units Samsung Biologics Co. and Samsung Bioepis Co. and Samsung Venture Investment Corp. have committed a combined 72...
Jul 11, 2024 (Gmt+09:00)
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Artificial intelligence
S.Korea's 4by4 to supply AI solution to Cakap
4by4 Inc., a South Korean content AI solution company, announced on Thursday that it signed a supply contract for its image enhancement AI solution ...
Jul 11, 2024 (Gmt+09:00)
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ESG
LG Energy Solution acquires anti-bribery certification
South Korea's LG Energy Solution Ltd. announced on Thursday that it achieved ISO 37001 certification, an international standard for anti-bribery man...
Jul 11, 2024 (Gmt+09:00)
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Batteries
Korea to keep track of EV battery life cycles for recycling
The South Korean government will monitor electric vehicle (EV) battery life cycles to share information on the lifespan, performance and accident hi...
Jul 10, 2024 (Gmt+09:00)
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Foreign exchange
Won to soften past 1,400, BOK rate cut likely in Oct: poll
The Korean won is forecast to continue its downward spiral and soften past the 1,400 threshold against the greenback this year, while the Bank of Ko...
Jul 10, 2024 (Gmt+09:00)
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Chemical Industry
LG Chem promises extra $14.4 million in aid over Indian gas leak
South Korea’s top chemicals maker LG Chem Ltd. said on Wednesday it will offer an additional 1.2 billion Indian rupees ($14.4 million) in huma...
Jul 10, 2024 (Gmt+09:00)
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Content platforms
Lotte Home Shopping's Bellygom debuts in Taiwan, Japan
South Korea's Lotte Home Shopping announced on Wednesday that its character Bellygom will enter the Taiwanese and Japanese content market,following ...
Jul 10, 2024 (Gmt+09:00)
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Beauty & Cosmetics
Cosmax Group unveils new CI
South Korea's Cosmax Group unveiled a new corporate identity (CI) on Wednesday. The new CI reflects Cosmax Group's identity as a global beauty and h...
Jul 10, 2024 (Gmt+09:00)
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Machinery
Hyundai Rotem leads manufacture of next-generation railway
CHANGWON, South Gyeongsang Province – Engineers at Hyundai Rotem Co.'s rolling stock factory in South Korea have their hands full manufacturin...
Jul 10, 2024 (Gmt+09:00)
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The KED View
Don’t dwell on Korea discount; light up visibility on global stage
To the world, South Korea is well known as home to the world’s top two memory chipmakers, Samsung Electronics Co. and SK Hynix Inc., but it is...
Jul 10, 2024 (Gmt+09:00)
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ESG
Samsung boosts renewable energy in Vietnam facilities
Samsung Electronics Co. said on Wednesday its Vietnam facilities will ramp up eco-friendly operations by directly purchasing renewable energy under ...
Jul 10, 2024 (Gmt+09:00)
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Batteries
SK Innovation to host Global Forum in US
South Korea's SK Innovation Co. announced on Wednesday that it will host the “SK Innovation Global Forum” on July 13 in San Jose, Califo...
Jul 10, 2024 (Gmt+09:00)
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Korean startups
Law&Company vows to go global with AI legal assistant
Law&Company Co., the operator of South Korea’s largest legal advice app LawTalk, will venture into the US legal tech market in five years ...
Jul 09, 2024 (Gmt+09:00)
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Electronics
LG Elec, Tennessee Titans renew sponsorship
LG Electronics Inc. announced on Tuesday that it renewed a three-year expansion to its official partnership with the Tennessee Titans, an NFL team b...
Jul 09, 2024 (Gmt+09:00)
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Energy
POSCO International completes Korea’s first non-state-run LNG terminal
POSCO International Corp., the general trading and energy exploration unit of South Korea’s steel giant POSCO Holdings Inc., said on Tuesday i...
Jul 09, 2024 (Gmt+09:00)
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Artificial intelligence
Korea’s edtech startups defend against global giants with AI
South Korea’s major online adult education platforms improved their earnings powered by classes on artificial intelligence, defying concerns o...
Jul 09, 2024 (Gmt+09:00)
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Earnings
LG Energy’s Q2 profit hurt by EV slowdown, expects Q4 improvement
LG Energy Solution Ltd., one of the world’s top three battery makers, on Monday posted a smaller quarterly profit, hurt by sluggish global ele...
Jul 08, 2024 (Gmt+09:00)
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Electronics
Samsung, SK, LG vie for glass substrate market in AI era
South Korea’s household names Samsung, SK and LG have entered a new race to win the glass substrate market set to surge in the artificial inte...
Jul 08, 2024 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom, Singtel partner for next-gen network tech
South Korea's SK Telecom Co. said on Monday that it signed a memorandum of understanding (MOU) with Singapore Telecommunications (Singtel) to collab...
Jul 08, 2024 (Gmt+09:00)
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Earnings
LG Elec logs record Q2 earnings on home appliances, car parts
South Korean tech giant LG Electronics Inc. is expected to log its record second-quarter revenue and operating profit thanks to robust sales of home a...
Jul 05, 2024 (Gmt+09:00)
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Fiber & Textile
SK Geo Centric produces sustainable synthetic fiber
South Korea’s SK Geo Centric Co. will collaborate with global companies in the petrochemical, textile, and apparel sectors from Japan, Finland...
Jul 05, 2024 (Gmt+09:00)
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Batteries
Samsung SDI to ink $726 mn ESS deal with NextEra Energy
Samsung SDI Co., the world’s sixth-largest electric vehicle cell maker, is set to provide batteries for energy storage systems (ESS) to NextEr...
Jul 05, 2024 (Gmt+09:00)
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Batteries
Time to revive innovator spirit: LG Energy Solution CEO
South Korea’s top battery maker LG Energy Solution Ltd., also the world’s No. 3, must accelerate innovation and prop up fundamentals to ...
Jul 04, 2024 (Gmt+09:00)
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Automobiles
LG Elec selected as Volkswagen's top supplier
LG Electronics Inc. was named the top supplier by Germany's Volkswagen Group. According to industry sources on Thursday, LG Electronics received the...
Jul 04, 2024 (Gmt+09:00)
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Electric vehicles
Hyundai Motor completes EV ecosystem in Indonesia
JAKARTA, Indonesia – Hyundai Motor Group has built an electric vehicle hub backed by a complete supply chain from raw materials sourcing to ba...
Jul 03, 2024 (Gmt+09:00)
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Mergers & Acquisitions
LG Electronics acquires Athom to facilitate AI smart home push
South Korea’s home appliance giant LG Electronics Inc. said on Wednesday it has acquired Athom B.V., a Netherlands-based home automation compa...
Jul 03, 2024 (Gmt+09:00)
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Bio & Pharma
LG Chem launches Synovian in China
South Korea's LG Chem Ltd. announced on Wednesday that it launched its homegrown new drug for osteoarthritis Synovian (marketed in China as Hyruan O...
Jul 03, 2024 (Gmt+09:00)
Latest News
- 1 Invesco, SK D&D likely to buy co-living building in Seoul
- 2 Coupang bids for Korean luxury market dominance with Farfetch
- 3 Hyundai Rotem set to finalize $6 bn K2 tank order from Poland
- 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