LG Gram 2-in-1
Scope
Date
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Batteries
LG Energy selects 10 promising global startups in battery area
South Korea's battery maker LG Energy Solution Ltd. announced on Tuesday that it will strengthen collaboration with global startups with high growth...
Jun 20, 2023 (Gmt+09:00)
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Corporate restructuring
LG to slim down petrochem as Chinese rivals creep up
South Korea’s LG Chem Ltd. is speeding up restructuring efforts to sell or downsize uncompetitive businesses, with an aim to focus on three gr...
Jun 19, 2023 (Gmt+09:00)
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Petrochemicals
LG Chem to sell $1.6 bn stake in LG Energy to foreign investors
South Korea’s leading chemicals company LG Chem Ltd. is slated to secure about 2 trillion won ($1.6 billion) by selling a minority stake in it...
Jun 19, 2023 (Gmt+09:00)
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Bio & Pharma
Huons’ 2% lidocaine gets approval from FDA
South Korean pharmaceutical firm, Huons Co., announced on Monday that it has secured another significant regulatory milestone in the US with the Foo...
Jun 19, 2023 (Gmt+09:00)
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Electronics
India rises as LG's cash cow under revised S.Korean tax laws
South Korea’s LG Electronics Inc. has received nearly 600 billion won ($470 million) in dividends from its overseas operations in the first qu...
Jun 16, 2023 (Gmt+09:00)
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Robotics
S.Korea’s mobile carriers seek future from service robots
South Korea’s mobile carriers are strengthening the service robot business as the sector, combined with their know-how in the telecommunicatio...
Jun 15, 2023 (Gmt+09:00)
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Markets
Japanese yen near 8-year low against S.Korean won
The Japanese yen is nearing its lowest level in eight years against the South Korean won, with their exchange rate hovering around the 9.00 level.It...
Jun 14, 2023 (Gmt+09:00)
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Batteries
LG, Samsung showcase new battery packs at InterBattery Europe 2023
MUNICH – South Korea’s two leading battery makers – LG Energy Solution Ltd. and Samsung SDI Co. – on Wednesday unveiled low-...
Jun 14, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea’s top pharmaceutical distributor buys 25% of No. 2 Baekje Pharma
South Korea’s top pharmaceutical distributor Geo-young Co. has acquired 25% of market No. 2 Baekje Pharmaceutical.Geo-young on Tuesday said th...
Jun 14, 2023 (Gmt+09:00)
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Batteries
Samsung SDI, GM to build JV plant for EV batteries in Indiana
South Korea's major secondary battery maker Samsung SDI Co. and General Motors (GM) of the US will set up a joint venture (JV) plant for electric ve...
Jun 14, 2023 (Gmt+09:00)
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Business & Politics
Yoon, Korea’s No. 1 salesman, at BIE to drum up support for 2030 Expo
South Korean President Yoon Suk Yeol will attend the Bureau International des Expositions (BIE) in Paris next week to drum up support for the Asian ...
Jun 13, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus, Hyundai Elevator to launch AI-based management service
LG Uplus Corp. on Monday said it released Miri View, an artificial intelligence (AI)-based elevator passenger safety system developed with Hyundai E...
Jun 13, 2023 (Gmt+09:00)
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Electronics
Display makers LG, Samsung gear up for OLED gaming monitor boom
South Korea’s two largest panel makers – LG Display Co. and Samsun Display Co. – are bracing for a gaming monitor boom as gamers w...
Jun 12, 2023 (Gmt+09:00)
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Corporate strategy
LG Group to launch global strategy center in July
LG Group will reportedly launch next month a global strategy center to analyze business trends abroad and devise responses.Industry sources on Sunda...
Jun 12, 2023 (Gmt+09:00)
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Automobiles
Hyundai ramps up ties with Samsung, SK, LG for EVs, self-driving cars
South Korea’s top automaker Hyundai Motor Co. is strengthening its tech alliance with its local partners such as Samsung, LG and SK to stay ah...
Jun 11, 2023 (Gmt+09:00)
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Future mobility
LG Uplus to use UAM to slash EMS transportation time
South Korea's internet service provider LG Uplus Corp. on Thursday said it signed an agreement with the municipal government of Jinju, South Gyeongs...
Jun 09, 2023 (Gmt+09:00)
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Batteries
LG Energy to expand EV battery care with 7 imported car dealers
South Korea's LG Energy Solution Ltd. has teamed up with seven imported car dealers in the country to expand the company's electric vehicle (EV) b...
Jun 09, 2023 (Gmt+09:00)
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Korean chipmakers
SK Hynix steps up chip stacking war with 238-layer 4D NAND
SK Hynix Inc., the world’s second-largest memory chipmaker after Samsung Electronics Co., has begun mass production of the industry’s hi...
Jun 08, 2023 (Gmt+09:00)
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Tech, Media & Telecom
Samsung top in world smartphone market in Q1, beating Apple
Samsung Electronics Co. regained the top spot in the smartphone market, surpassing Apple in the first quarter of 2023. This outcome was driven by th...
Jun 08, 2023 (Gmt+09:00)
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Electric vehicles
Polestar 3 to light up roads with headlamps of LG’s ZKW
The Polestar 3, an all-electric mid-sized sport utility vehicle, will be equipped with high-definition light-emitting diode (HD LED) headlights deve...
Jun 08, 2023 (Gmt+09:00)
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Bio & Pharma
CrystalGenomics to supply anti-osteoarthritis drug to Russia for $2 mn
South Korea's first-generation biopharma venture company CrystalGenomics Inc. on Wednesday said it received a $2 million (2.6 billion won) order fro...
Jun 08, 2023 (Gmt+09:00)
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AgTech
SK Networks to invest $2 mn in Dutch agtech startup
SK Networks Co., a South Korean trading company, announced on Thursday that it will invest $2 million in the series A round of Source.ag, a smart fa...
Jun 08, 2023 (Gmt+09:00)
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Electronics
LG Electronics eyes premium market in Saudi Arabia, India
LG Electronics Inc. will seek out new business opportunities as a premium brand in Saudi Arabia for the oil-rich kingdom’s $500 billion Neom m...
Jun 07, 2023 (Gmt+09:00)
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Electric vehicles
Hyundai to supply 1,300 hydrogen buses in Seoul by 2026
Hyundai Motor Co., along with South Korean Ministry of Environment, the Seoul Metropolitan Government, SK E&S and Tmap Mobility, signed a memora...
Jun 07, 2023 (Gmt+09:00)
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Artificial intelligence
LG, FuriosaAI to jointly develop next-generation AI chip
LG AI Research Institute announced on Wednesday its strategic alliance with FuriosaAI, South Korea’s fabless chip designer. The partnership ...
Jun 07, 2023 (Gmt+09:00)
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Batteries
LG Energy, Novonix join hands for US EV battery material
LG Energy Solution Ltd., the world’s third-largest electric vehicle battery maker, has teamed up with Novonix Ltd., an Australian cell ingredi...
Jun 07, 2023 (Gmt+09:00)
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Bio & Pharma
Samsung Biologics to double production by 2032; eyes ADCs, M&As
BOSTON – Samsung Biologics Co., the world’s No. 1 contract drugmaker, plans to more than double its total annual production capacity to ...
Jun 07, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG CNS, Honeywell collaborate on smart factory
LG CNS Co., the information technology service arm of LG Group, is enhancing production efficiency and security in smart factories through collabora...
Jun 07, 2023 (Gmt+09:00)
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Korean chipmakers
SK Hynix launches portable SSD Beetle X31
SK Hynix Inc., the world’s second-largest memory chipmaker, unveiled its latest product, the Beetle X31, a portable Solid State Drive (SSD) ...
Jun 05, 2023 (Gmt+09:00)
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Steel
POSCO launches first product from its low-carbon Greenate brand
South Korea's top steelmaker POSCO on Sunday launched the first product from its low-carbon brand Greenate.Greenate features distribution-type produ...
Jun 05, 2023 (Gmt+09:00)
Latest News
- 1 S.Korea eases path for foreign REITs in senior housing push
- 2 Koramco targets $7 bn bets on Korea data centers
- 3 Lotte Chemical, HD Hyundai seek big deal via merger of naphtha cracking facilities
- 4 South Korea accelerates stablecoin framework in global race
- 5 Lee vows policy overhaul to spur dividend payouts