LG Uplus business plan
Scope
Date
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Chemical Industry
LG Chem supplies RO filters for Chinese lithium extraction project
South Korea's LG Chem Ltd. has supplied reverse osmosis (RO) filters for a project to extract lithium from China's largest salt lake.The company on ...
Mar 22, 2023 (Gmt+09:00)
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Earnings
KB, Hana drive major S.Korean overseas banking profits lower
KB Kookmin Bank and Hana Bank led weaker earnings of the four largest South Korean lenders’ overseas units last year although their rivals Shi...
Mar 22, 2023 (Gmt+09:00)
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Bio & Pharma
CGBio inks export deal for hyaluronic acid fillers with Chinese distributor
CGBio, a South Korean bio-regenerative medical company, has signed an export deal with Shanghai Feiting Trading Co., a Chinese medical device distri...
Mar 22, 2023 (Gmt+09:00)
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Real estate
Yanolja Cloud to develop real estate platform with SK Discovery
South Korea's Yanolja Cloud, a software-as-a-service (SaaS) company, announced on Tuesday its partnership with SK Discovery Co. to build a proptech ...
Mar 22, 2023 (Gmt+09:00)
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Robotics
Samsung Elec boosts robotics as key growth engine: Vice chairman
Samsung Electronics Co., the world’s largest chip producer, will go all out to expand its robotics business, Vice Chairman and Co-CEO Han Jong...
Mar 21, 2023 (Gmt+09:00)
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Cloud computing
Korea's LG CNS launches cloud cost optimization service
LG CNS, a South Korean company specializing in digital transformation, announced on Tuesday the launch of its new service called "FinOps" Clinic.Fin...
Mar 21, 2023 (Gmt+09:00)
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Artificial intelligence
SK C&C, Naver Cloud team up to boost AI services for Korean companies
SK C&C, a leading information technology service provider in South Korea, has announced a partnership with Naver Cloud to develop ultra-large ar...
Mar 21, 2023 (Gmt+09:00)
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Healthcare
LG Elec, Bayada strengthen cooperation on home care medical devices
LG Electronics Inc. announced on Tuesday that it had signed a business agreement with Bayada Home Healthcare, a US-based company specializing in hom...
Mar 21, 2023 (Gmt+09:00)
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Korean startups
Wave Lifestyle Tech signs MOU with Saudi gov't to expand robot business
Wave Lifestyle Tech, a South Korean foodtech robot company, said on Monday that it has signed a memorandum of understanding with Saudi Arabia’...
Mar 21, 2023 (Gmt+09:00)
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Corporate restructuring
S.Korea's STX to spin off shipping division
South Korea's general trading company STX Corporation has announced plans to divide its shipping division into a new company specializing in shippin...
Mar 21, 2023 (Gmt+09:00)
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Aerospace & Defense
Startup Innospace launches Korea’s first private projectile
South Korean space startup Innospace said on Monday it has launched a suborbital test projectile, the country’s first private launch vehicle, ...
Mar 20, 2023 (Gmt+09:00)
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Future mobility
Bespin Global to work with GBike for smart mobility business in Vietnam
Bespin Global, a cloud delivery platform company based in South Korea, announced on Thursday that it had partnered with GBike, a micromobility tech ...
Mar 20, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Samsung Heavy partners with Kongsberg Maritime for autonomous ships
Samsung Heavy Industries, one of the world’s largest shipbuilders, has signed a joint development agreement with Kongsberg Maritime AS, a Norw...
Mar 20, 2023 (Gmt+09:00)
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Energy
OCI to expand polysilicon line, buy back shares to boost corporate value
OCI Co., a leading South Korean chemical and green energy company, plans to significantly increase the size of its upcoming share buyback and cancel...
Mar 19, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Elec to spend over $4 bn on capex in 2023, biggest in a decade
LG Electronics Inc. has decided to go bold to widen the technology gap with its rivals, with its biggest capital expenditure in a decade of more tha...
Mar 17, 2023 (Gmt+09:00)
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Artificial intelligence
S.Korean startup Jobis&Villains expands to UK with tax return service
Jobis&Villains Corp., a South Korean startup that offers a tax return service called “3o3,” said on Friday that it had set up a loca...
Mar 17, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Chairman Koo on the hunt for talent to win future technology war
LG Group Chairman Koo Kwang-mo is spearheading South Korea’s fourth-largest conglomerate’s search for top R&D talent in science and ...
Mar 17, 2023 (Gmt+09:00)
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Batteries
Korea EV cell makers unveil new products to expand market
South Korea’s electric vehicle battery makers on Wednesday unveiled prototypes of new products, especially lithium iron phosphate (LFP) models...
Mar 16, 2023 (Gmt+09:00)
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Private equity
EQT sees huge potential in security services for S.Korean SMEs
The digital security market is rapidly growing in South Korea, one of the world’s fastest-aging countries and amid its soaring labor costs.&nb...
Mar 16, 2023 (Gmt+09:00)
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Retail
F&F bets on China's beauty market under MLB brand
F&F Co., a South Korean retailer of Western brands such as Major League Baseball (MLB), has been rapidly penetrating China's cosmetics market, w...
Mar 16, 2023 (Gmt+09:00)
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Electronics
LG Electronics showcases new products in Dubai
LG Electronics Inc. held a two-day event in Dubai to unveil its latest products and solutions for the Middle East and African markets.The South Kore...
Mar 15, 2023 (Gmt+09:00)
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Carbon neutrality
Lotte Fine Chemical, OCI Global join hands for clean ammonia business
Lotte Fine Chemical Co., a subsidiary of Lotte Chemical Corp., and Europe’s No.1 clean ammonia producer OCI N.V., or OCI Global, will collabor...
Mar 15, 2023 (Gmt+09:00)
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Rights offerings
Hyundai Asan to sell $30.7 million worth of shares for capital restructuring
Hyundai Asan Co. under South Korean conglomerate Hyundai Group will raise 40 billion won ($30.7 million) in its seventh share sale since it was forc...
Mar 15, 2023 (Gmt+09:00)
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Tech, Media & Telecom
SK C&C to build advanced info systems for Nongshim's overseas corporations
South Korea's SK C&C, an IT services unit of SK Group, on Tuesday said it has started building next-generation information and communications ...
Mar 15, 2023 (Gmt+09:00)
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Bio & Pharma
S.Korea's Prestige Biologics attracts $59 mn overseas investment
Prestige Biologics Co., a South Korean biopharmaceutical contract development and manufacturing organization (CDMO) company, announced on Tuesday th...
Mar 15, 2023 (Gmt+09:00)
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Aerospace & Defense
Boeing’s Korean supplier targets UAV market with guided weapons
Boeing Co.’s leading South Korean contractor aims to develop unmanned aerial vehicles with guided weapons, given the rapidly growing military ...
Mar 14, 2023 (Gmt+09:00)
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Batteries
Samsung SDI to showcase solid-state battery tech at InterBattery 2023
South Korea's leading secondary battery maker Samsung SDI Co. has announced its participation in Korea's largest battery exhibition, InterBattery 20...
Mar 14, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Uplus offers foreign language chat service for customers
LG Uplus Corp., a South Korean telecom operator of LG Group, said on Tuesday that it had launched a foreign language chat service for its customers,...
Mar 14, 2023 (Gmt+09:00)
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Corporate governance
Samsung suspends business with select software partner companies
Samsung Electronics Co. has recently “suspended transactions” with select software partner companies through regular auditing, with arou...
Mar 14, 2023 (Gmt+09:00)
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Batteries
POSCO, Korea Zinc, Vale to close Korean nickel JV
POSCO Holdings Inc. and Korea Zinc Co. will close Korea Nickel Corp. set up jointly with Brazilian mining giant Vale Ltd. as the two Korean companie...
Mar 13, 2023 (Gmt+09:00)
Latest News
- 1 Want to look beautiful? – Here’s the 'Made In Korea' mask pack
- 2 LG Chem closes $1 bn water filter division sale to Glenwood PE
- 3 Hyundai Motor-backed Motional names AI veteran Laura Major as CEO
- 4 President Lee: Businesses at center of policy priorities for economic growth
- 5 Samsung supplies HBM3E to AMD’s new accelerators