LG Gram 2-in-1
Scope
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Petrochemicals
LG Chem to sell polarizer businesses to Chinese peers for $800 mn
LG Chem Ltd., the parent of South Korea’s No. 1 battery maker LG Energy Solution Ltd., will unload its polarizer businesses to two Chinese pla...
Sep 27, 2023 (Gmt+09:00)
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Travel & Leisure
Foreign visitors to S.Korea more than triple on-year in August
The number of foreign tourists visiting South Korea has exceeded 1 million for two consecutive months since the outbreak of COVID-19.According to th...
Sep 27, 2023 (Gmt+09:00)
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Batteries
Samsung SDI to invest $2 bn to build 2nd US battery plant with Stellantis
Samsung SDI Co. will inject $1.98 billion to build a second battery manufacturing plant in the US jointly with Netherlands-based automaker Stellanti...
Sep 27, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus invests $7.4 mn in S.Korean edu-tech startup
South Korea’s No. 3 wireless carrier LG Uplus Corp. on Tuesday said it will make an equity investment of some 10 billion won ($7.4 million) in...
Sep 27, 2023 (Gmt+09:00)
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Beauty & Cosmetics
LG H&H acquires S.Korean makeup brand Hince
South Korea's LG H&H Co. announced on Tuesday that it has signed an agreement to acquire a 75% stake in Vivawave, which owns the domestic premiu...
Sep 26, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Korean Air may give up Asiana’s cargo business, 4 routes for EU approval
Korean Air Lines Co. may give up the cargo business of Asiana Airlines Inc. and four of its lucrative routes in Europe in an all-in bet as the marri...
Sep 25, 2023 (Gmt+09:00)
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Electronics
LG Elec takes on Lenovo, Asus in foldable laptop race
LG Electronics Inc. will join the race to lead the emerging foldable laptop market, currently led by foreign notebook majors Lenovo Ltd. and ASUSTeK...
Sep 25, 2023 (Gmt+09:00)
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Batteries
LG Uplus, Hanwha unveil ceiling-mounted EV charging system
South Korea's LG Uplus Corp. and Hanwha Corporation/E&C, a construction unit of Hanwha Corp., announced on Monday that the development of their ...
Sep 25, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Display steps up efforts in foldable laptop screen market foray
South Korea’s LG Display Co. is accelerating its foray into the market of foldable organic light-emitting diode (OLED) displays for laptops wi...
Sep 24, 2023 (Gmt+09:00)
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Batteries
LG Chem, Huayou to build LFP cathode plant in Morocco
South Korea’s LG Chem Ltd. said on Sunday it will build a lithium phosphate iron (LFP) cathode materials plant in Morocco in partnership with ...
Sep 24, 2023 (Gmt+09:00)
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Batteries
LG Energy may partner with JSW to make EV batteries in India
South Korea’s LG Energy Solution Ltd., one of the world’s largest battery makers, is in talks with Indian steel-to-energy conglomerate J...
Sep 22, 2023 (Gmt+09:00)
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Chemical Industry
Unid expands potassium hydroxide plant in Ulsan
OCI Group-affiliated chemical company Unid announced on Thursday that it has completed the expansion of its Ulsan plant after investing 11 billion w...
Sep 21, 2023 (Gmt+09:00)
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Mergers & Acquisitions
SK Chemicals to sell pharmaceutical unit to Glenwood PE
SK Chemicals Co., a South Korean plastic materials producer, is in exclusive talks with Seoul-based Glenwood Private Equity to sell its pharmaceutic...
Sep 21, 2023 (Gmt+09:00)
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Electronics
B2B, home appliance giant LG's new money spinner
A sense of crisis gripped South Korean home appliance giant LG Electronics Inc. two years ago when consumers tightened their purse strings on growin...
Sep 21, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG CNS, IGIS to collaborate in new biz for digital transformation
South Korea's information and communications technology service provider LG CNS on Wednesday said it will cooperate with the Seoul-based IGIS Asset ...
Sep 21, 2023 (Gmt+09:00)
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Bio & Pharma
Genome & Co.’s bile duct cancer drug candidate enters Phase 2 trials
Genome & Company, a South Korean developer of microbiome-based drugs, on Tuesday said its GEN-001, a leading immunotherapy drug candidate for bi...
Sep 20, 2023 (Gmt+09:00)
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Automobiles
Hyundai Mobis develops one-touch automatic parking tech
South Korea's leading automotive parts maker Hyundai Mobis on Tuesday announced its Mobis Parking System (MPS) 1.0P (Premium), a performance-improve...
Sep 20, 2023 (Gmt+09:00)
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Advertising & Marketing
LG Electronics boosts 'Life's Good' campaign in Tennessee
South Korea's electronics giant LG Electronics Inc. has commenced various community support initiatives in Tennessee, one of its key production hubs...
Sep 20, 2023 (Gmt+09:00)
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Electronics
Samsung to launch Galaxy S23 FE as early as October
Samsung Electronics Co. is slated to release the Galaxy S23 Fan Edition (FE), a cheaper model than those in the high-end Galaxy S23 series, as early...
Sep 19, 2023 (Gmt+09:00)
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Batteries
LG Energy raises $1 bn in bonds for EV battery production
LG Energy Solution Ltd., the world’s second-largest battery manufacturer, said on Tuesday it has raised $1 billion by selling its first global...
Sep 19, 2023 (Gmt+09:00)
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Chemical Industry
Lotte Chemical launches eco-friendly material brand Ecoseed
South Korea's Lotte Chemical Corp. has launched its eco-friendly material brand, "Ecoseed." The company announced on Tuesday that it unveiled the Ec...
Sep 19, 2023 (Gmt+09:00)
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ESG
Hyundai, Kia to launch solution for mobility impaired in Singapore
South Korea's Hyundai Motor Co. and Kia Corp. are extending their Universal Mobility Project to Singapore with a new initiative aimed at aiding the ...
Sep 19, 2023 (Gmt+09:00)
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Bio & Pharma
Samsung Biologics wins $242 mn order from Bristol Myers Squibb
Samsung Biologics Co., the world’s largest contract drugmaker, said on Monday it has signed an agreement to produce $242 million worth of anti...
Sep 18, 2023 (Gmt+09:00)
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Fintech
Alipay’s Ant becomes No.2 shareholder of S. Korea’s Toss Payments
Ant Group Co., the operator of China’s biggest mobile payment platform Alipay, has become the second-largest stakeholder of Toss Payments, the...
Sep 18, 2023 (Gmt+09:00)
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Electronics
LG's refrigerator receives Int'l EPD certification
LG Electronics Inc. has announced that its high-end refrigerator, the Objet Collection, has become the first in the home appliance industry to recei...
Sep 18, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai holds christening of methanol-powered ship
South Korea’s HD Hyundai Co. announced on Monday that it held a christening ceremony on Thursday at the Port of Copenhagen in Denmark for the ...
Sep 18, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG’s FAST drive to combat TV set market slowdown
South Korea’s electronics giant LG Electronics Inc. is upending its TV business strategy by betting even bigger on software and content to off...
Sep 18, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor’s Genesis: Distilled luxury with 1 million car sales
In South Korea’s automobile industry, it is widely acknowledged that the country’s homegrown premium car brand started with the Genesis....
Sep 17, 2023 (Gmt+09:00)
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Bio & Pharma
Daewoong to develop eye drops for diabetic retinopathy
South Korea's Daewoong Pharmaceutical is venturing into the development of a product that can easily treat diabetic retinopathy in the form of ...
Sep 15, 2023 (Gmt+09:00)
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Healthcare
Lotte Healthcare to launch AI-based health management platform
South Korea's Lotte Healthcare has entered the digital healthcare market through the launch next week of its personalized healthcare management pl...
Sep 15, 2023 (Gmt+09:00)
Latest News
- 1 Coupang bids for Korean luxury market dominance with Farfetch
- 2 Hyundai Rotem set to finalize $6 bn K2 tank order from Poland
- 3 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 4 Korea to allow non-profits to buy bad consumer loans
- 5 LG to drive future growth in emerging markets with battery prowess