LG Chem to set up next-generation bio-oil plant in Korea

South Korea’s LG Chem Ltd. plans to build a next-generation bio-oil plant in the country with a local biodiesel company as the petrochemical m...

LG Energy Solution, SK Innovation raise global battery market shares

LG Energy Solution Ltd. and SK Innovation Co. expanded global battery market shares, leading steady growth in South Korea’s battery industry.S...

LG Electronics leads industry shift toward OLED TVs

LG Electronics Inc., one of the world’s largest TV makers, is leading the TV industry’s shift toward organic light-emitting diode (OLED)...

Samsung SDI tops LG Chem in market cap amid GM recall crisis

Samsung SDI Co. has become South Korea’s top battery maker in terms of market capitalization. The company is now ranked as the sixth-largest f...

Naver poised for battle over sneaker resale market

South Korea’s platform giant Naver Corp. is on the move to claim the throne in the sneaker resale market, up against other fashion platforms s...

LG delays decision on battery unit IPO to Q4

LG Chem Ltd.’s battery unit LG Energy Solution Ltd. will not be listed on Kospi within the third quarter. Investors are keeping close eyes on ...

LG Electronics scores big in first-half US OLED TV market share

LG Electronics Inc., one of the world’s largest TV makers, saw its market share grow rapidly in North America with its market share rising abo...

Samsung, LG to showcase latest display innovations at IMID

South Korea’s largest display maker Samsung Display Co. and its rival LG Display Co. will boast their latest product innovations at the Intern...

Shares of LG Chem, LG Electronics tumble on GM EV recall

Shares of LG Chem Ltd. and LG Electronics Inc. fell sharply on Monday in Seoul following General Motors Co.’s announcement on Friday that it w...

LG Elec takes quantum leap in 6G with THz band breakthrough

LG Electronics Inc. has made a breakthrough in next-generation networks by transferring wireless 6G terahertz (THz) data over a 100-meter distance i...

LG Elec takes quantum leap in 6G with new THz band milestone

LG Electronics Inc. has made a new breakthrough in next-generation networks by transferring wireless 6G terahertz (THz) data over a 100-meter distan...

LG Electronics postpones 42-inch OLED Gaming TV launch to early 2022

LG Electronics Inc., one of the world’s largest TV makers, plans to launch the much-anticipated 42-inch organic light-emitting diode (OLED) TV...

LG Chem to spend $2.2 billion to build 10 new eco-friendly factories

LG Chem Ltd., South Korea’s top chemical maker, said on Thursday it is spending 2.6 trillion won ($2.2 billion) to strengthen its green busine...

S.Korean firms start training AI professionals to address talent shortage

South Korea’s major business groups have started to foster their own talents in the field of artificial intelligence (AI) to address the widen...

LG Display to invest $2.8 billion in small OLED line to rival Samsung

South Korea’s LG Display Co. said on Tuesday it will invest 3.3 trillion won ($2.8 billion) in small-sized panels for smartphones and tablets ...

LG Energy signs long-term battery materials deal with Australian Mines

South Korea’s LG Energy Solution Ltd. said on Monday it has signed a long-term contract to receive key battery materials from Australian Mines...

LG Energy Solution to speed up IPO process for October listing

LG Energy Solution Ltd. aims to accelerate the process for South Korea’s largest-ever initial public offering that is expected to raise more t...

LG Chem to power China battery plants with 100% renewable energy

South Korea’s LG Chem Ltd. says it is powering its two battery component plants in China with 100% renewable energy purchased from Chinese p...

LG Group to put facility management unit of S&I Corp. up for sale

South Korea’s LG Group will put the facility management division of its affiliate S&I Corp. up for sale amid talk that a sale of the unit ...

Korean companies’ race heats up in $2.8 tn global wind farm markets

The global offshore wind power generation equipment market is heating up with cut-throat competition among South Korean companies. The country&rsquo...

Samsung, TSMC in heated race for industry’s smallest 3 nm process node

The world’s two largest foundry chipmakers, Taiwan Semiconductor Manufacturing Co. (TSMC) and Samsung Electronics Co., are in a heated race fo...

China's top travel agency to join bid for Korea's online retail platform

China’s leading online travel agency (OTA) Trip.com will be joining the race to acquire South Korea’s online retail platform Interpark C...

LG enjoys record half-year earnings on TV, appliance in H1

LG Electronics Inc. posted record-high operating profit and revenue in the first half thanks to stella performance in TV and home appliance business...

Hyundai Motor, LG Energy to build $1.1 bn EV battery plant in Indonesia

Hyundai Motor Group and LG Energy Solution Ltd. will invest $1.1 billion in an electric vehicle (EV) battery cell factory in Indonesia to capture As...

Apple adds LG Elec to iPhone vendor list in Korea

LG Electronics Inc. will begin to sell Apple Inc.'s iPhone at its retail stores across South Korea from mid-August, as the Korean home appliance mak...

LG Elec completes stock deal with Magna for EV powertrain JV

LG Electronics Inc. completed a stock sale deal with Canadian auto parts maker Magna International Inc. for an electric vehicle (EV) powertrain join...

LG expands VC portfolio to industrial cyber security

LG Technology Ventures, a venture capital arm of South Korea's LG Group, has diversified its portfolio into the industrial cybersecurity market with...

LG Display to power all offices with 100% renewable energy

LG Display Co., a major South Korean display panel maker, said on Monday it is shifting to 100% renewable energy to power all its business offices i...

LG Innotek’s substrate business becomes a cash cow

Korea’s leading camera module maker LG Innotek Co. is projected to post record earnings this year thanks to its fast-growing integrated circui...

LG Elec to shift to 100% renewable energy by 2050

LG Electronics Inc. on Sunday unveiled a plan to make a complete transition into renewable energy for its operations both at home and abroad by 2050...