LG Uplus business plan
Scope
Date
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Tech, Media & Telecom
LG CNS unveils PerfecTwin ERP Edition in US
South Korea’s LG CNS Co., a cloud computing services arm of LG Corp., announced on Wednesday that it unveiled its testing solution PerfecTwin ...
Jun 05, 2024 (Gmt+09:00)
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Batteries
Ultium Cells Spring Hill: LG, GM’s EV battery bastion in North America
NASHVILLE – Some 60 km south of Nashville, the capital of Tennessee, lies a huge plant churning out battery cells that will eventually land in...
Jun 04, 2024 (Gmt+09:00)
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Airlines
Jeju Air, Lion Air codeshare Incheon-Bali route
South Korea’s budget carrier Jeju Air Co. announced on Tuesday that it signed a codeshare agreement with Indonesia's largest low-cost airline,...
Jun 04, 2024 (Gmt+09:00)
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Real estate
WeWork closes major office in Seoul for restructuring
Coworking space operator WeWork Inc. is slated to shut down a major office in Seoul, once one of the largest WeWork offices in Asia, in September ...
Jun 04, 2024 (Gmt+09:00)
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Robotics
Sampyo Group enters automated robotic parking business
South Korea's SP&Mobility, a robotics unit of Sampyo Group, unveiled its MPSystem on Monday, an automated robotic parking system designed to rep...
Jun 04, 2024 (Gmt+09:00)
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Batteries
Hyundai Glovis, EcoPro team up for EV battery recycling business
Hyundai Glovis Co., the logistics unit of South Korea’s Hyundai Motor Group, and EcoPro Co., the country’s leading electric vehicle batt...
Jun 03, 2024 (Gmt+09:00)
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Banking & Finance
Korea’s LS Group to operate brokerage firm LS Securities
South Korean cable-to-energy giant LS Group said on Monday that it has renamed brokerage subsidiary eBest Investment & Securities to LS Securiti...
Jun 03, 2024 (Gmt+09:00)
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Electronics
LG screens World Environment Day campaign in New York, London
LG Electronics Inc. announced on Monday that it has screend the World Environment Day (June 5) campaign video on its outdoor billboards in New York'...
Jun 03, 2024 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus analyzes ad performance with GenAI
South Korea's LG Uplus Corp. announced on Monday that it has introduced generative AI technology to its integrated advertising platform U+AD, adding...
Jun 03, 2024 (Gmt+09:00)
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Batteries
LG Energy Solution to discover startups in battery sector
South Korea's LG Energy Solution Ltd. announced on Monday that it will host Battery Challenge 2024, an open innovation program to discover startup...
Jun 03, 2024 (Gmt+09:00)
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Retail
MBK puts Homeplus’ supermarket chain unit up for sale
MBK Partners, the North Asia-focused private equity firm, has put the supermarket chain unit of South Korea’s hypermarket operator Homeplus up...
Jun 03, 2024 (Gmt+09:00)
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Business & Politics
South Korea to build 3 nuclear plants, 1 SMR under new energy policy
South Korea plans to build as many as three new nuclear power plants by 2038 and put into operation at least one small modular reactor (SMR) by 2035...
May 31, 2024 (Gmt+09:00)
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Aerospace & Defense
Nara Space attracts $14.5 mn series B investment
South Korea's micro-satellite startup Nara Space Technology Inc. announced on Friday that it attracted a 20 billion won ($14.5 million) series B inv...
May 31, 2024 (Gmt+09:00)
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Future mobility
Kakao Mobility, Archer to collaborate for K-UAM commercialization
South Korea's Kakao Mobility Corp. announced on Friday that it signed an agreement with Archer Aviation, the US-based urban air mobility (UAM) aircr...
May 31, 2024 (Gmt+09:00)
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Chief Executives
Samsung’s new chip head instills a sense of crisis, hope
Samsung Electronics Co.'s new semiconductor chief Jun Young-hyun knows better than anyone about the difficulties the South Korean tech giant fa...
May 31, 2024 (Gmt+09:00)
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Korean chipmakers
SK Hynix works on next-generation HBM chip supply plans for 2025
South Korea’s SK Hynix Inc. said on Thursday it is working on next year’s supply plans for its high-bandwidth memory (HBM) chips as clie...
May 30, 2024 (Gmt+09:00)
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Logistics
LX Pantos to enter Indonesian resource logistics market
South Korea's LX Pantos said on Thursday that it signed a joint venture (JV) agreement with KSA, Indonesia's largest bulk carrier, to tap into the S...
May 30, 2024 (Gmt+09:00)
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Corporate restructuring
SK embarks on business overhaul to focus on mainstays
South Korea’s second-largest conglomerate SK Group has embarked on a reshuffling process to focus on core units such as semiconductors and bat...
May 29, 2024 (Gmt+09:00)
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Tech, Media & Telecom
SK shieldus, Yokogawa Electric Korea partner on security business
SK shieldus, the unmanned security subsidiary of SK Group, announced on Wednesday it has signed a business agreement with Yokogawa Electric Korea Co...
May 29, 2024 (Gmt+09:00)
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Artificial intelligence
Korea Inc.’s AI executives double with LG Group leading the pack
The number of executive-level artificial intelligence (AI) specialists at South Korea’s 30 largest conglomerates has more than doubled in the ...
May 28, 2024 (Gmt+09:00)
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Batteries
L&F, CNGR to collaborate to respond to US IRA
L&F Co., South Korea’s major cathode supplier announced Tuesday that it signed a memorandum of understanding (MOU) with Chinese precu...
May 28, 2024 (Gmt+09:00)
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Robotics
Everybot buys AI mobility company hycore
South Korea's service robot company Everybot Inc. acquired AI robot mobility specialist hyCore to expand into the personal mobility sector. Everybo...
May 28, 2024 (Gmt+09:00)
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Advertising & Marketing
HS Ad unveils LG Uplus ad created by 100% AI
South Korea's HS Ad Inc., an advertising agency affiliated with LG Group, announced on Monday that it launched LG Uplus Corp. 's brand advertising...
May 27, 2024 (Gmt+09:00)
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Automobiles
Kia to install LG Electronics’ vehicle webOS in upcoming EV3 SUV
South Korea’s LG Electronics Inc. will supply its automotive web-based operating system webOS to Kia Corp. for the carmaker’s upcoming v...
May 27, 2024 (Gmt+09:00)
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Chemical Industry
LG Chem, KCC partner to develop eco-friendly paint
South Korea's LG Chem Ltd. announced on Monday that it signed a memorandum of understanding (MOU) with KCC Corp. on May 23 to research and develop e...
May 27, 2024 (Gmt+09:00)
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Energy
Hanwha Q Cells eyes solar power business diversification
Hanwha Q Cells Co., a solar power unit of South Korean chemicals-to-defense conglomerate Hanwha Group, is striving for revenue stream diversificatio...
May 24, 2024 (Gmt+09:00)
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Earnings
Yanolja gains momentum with cloud, overseas trip businesses
SoftBank-backed Yanolja Co. cheered stellar earnings in the first quarter after its new businesses – cloud and outbound trip services – ...
May 24, 2024 (Gmt+09:00)
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Electronics
LG targets India’s edtech market with interactive whiteboards
LG Electronics Inc. is acclerating its foray into India’s business-to-business (B2B) market, zooming in on the country’s rapidly-growing...
May 23, 2024 (Gmt+09:00)
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Business & Politics
South Korea pledges $19 billion support package to revitalize chip sector
South Korea, home to the world’s two largest memory chipmakers Samsung Electronics Co. and SK Hynix Inc., has unveiled a record 26 trillion wo...
May 23, 2024 (Gmt+09:00)
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Carbon neutrality
POSCO Future M completes carbon footprint verification
POSCO Future M Co., South Korea’s anode materials producer, has completed the international standard verification for the carbon footprint of ...
May 23, 2024 (Gmt+09:00)
Latest News
- 1 Micron set to supply SOCAMM chips to Nvidia ahead of Samsung, SK Hynix
- 2 POSCO Future M breaks with China in cathode supply chain
- 3 GIC resumes Seoul Finance Center sale in potential megadeal
- 4 South Korea’s Lee, China’s Xi agree on closer ties, peace on Korean Peninsula
- 5 Invesco, SK D&D likely to buy co-living building in Seoul