LG Energy Solution tops global EV battery market excluding China

LG Energy Solution tops global EV battery market excluding China

South Korea's LG Energy Solution Ltd. for the second straight year was No. 1 on the global market for electric vehicle (EV) batteries excluding Chin...

LG Chem builds S.Korea's first plant for clinical trials

LG Chem builds S.Korea's first plant for clinical trials

LG Chem Ltd. has built South Korea’s first pharmaceutical plant dedicated to clinical trials, which the company expects to speed up its medici...

Samsung Electronics, KAIST join forces to train robotics experts

Samsung Electronics, KAIST join forces to train robotics experts

Samsung Electronics Co. has partnered with the Korea Advanced Institute of Science and Technology (KAIST) to cultivate specialists in robotics. On M...

LG U+, Plana jointly research data transmission tech for urban air mobility

LG U+, Plana jointly research data transmission tech for urban air mobility

South Korea's LG Uplus Corp. and Plana, a domestic startup for urban air transportation (UAM) craft, have signed a business deal on joint research o...

LG provides electronics service training to Cambodian youths

LG provides electronics service training to Cambodian youths

LG Electronics Inc. said on Sunday that it is offering technology training to help talented Cambodian youths become more self-reliant.For four days ...

Korea’s Hyundai Dept. Store drops holding company plan

Korea’s Hyundai Dept. Store drops holding company plan

South Korea’s major retailer Hyundai Department Store Group Co. gave up a plan to split off its core high-end shopping mall affiliate and conv...

LG Electronics, Qualcomm forge ahead in autonomous driving

LG Electronics, Qualcomm forge ahead in autonomous driving

LG Electronics Inc. has joined forces with Qualcomm Technology to enhance collaboration in the fields of autonomous driving and advanced driver assi...

LG makes big B2B push to regain momentum, boost profits: CEO

LG makes big B2B push to regain momentum, boost profits: CEO

South Korea’s home appliance giant LG Electronics Inc. is stepping up efforts to enhance its presence in the global business-to-business marke...

Korea EV battery makers lose market share against Chinese rivals

Korea EV battery makers lose market share against Chinese rivals

South Korean electric vehicle cell makers lost a market share against Chinese competitors last year as they failed to fully benefit from a surge in ...

Samsung, LG Elec target N.American air conditioner market at trade show

Samsung, LG Elec target N.American air conditioner market at trade show

Samsung Electronics Co. and LG Electronics Inc. are vying for the North American market for air conditioners with their cutting-edge solutions in th...

LG Electronics honored for resolving consumer complaints

LG Electronics honored for resolving consumer complaints

LG Electronics Inc. on Monday said it was named an "excellent business for independently resolving consumer complaints" by the Korea Consumer Agency...

Samsung Electronics to launch its first robot EX1 this year to rival LG

Samsung Electronics to launch its first robot EX1 this year to rival LG

Samsung Electronics Co. will bring its first robot EX1 to market this year to compete with LG Electronics Inc., shifting its focus from traditional ...

LG Electronics exhibits Art Lab in New York

LG Electronics exhibits Art Lab in New York

LG Electronics Inc. recently introduced "LG Art Lab," a non-fungible token art trading platform mounted on LG TVs, through a large display board in ...

LG Group to invest $2.7 bn in decarbonization by 2030

LG Group to invest $2.7 bn in decarbonization by 2030

South Korea's No. 4 conglomerate LG Corp. is set to accelerate its net zero by 2050 strategies.LG will invest 3.4 trillion won ($2.7 billion) by 203...

LG Uplus narrows operating profit gap with bigger rivals in 2022

LG Uplus narrows operating profit gap with bigger rivals in 2022

LG Uplus Corp., South Korea’s third-largest mobile carrier, reported more than 1 trillion won ($814.2 million) in operating profit in 2022 for...

LG Uplus, LS Electric partner to support S.Korea's small businesses

LG Uplus, LS Electric partner to support S.Korea's small businesses

LG Uplus Corp., South Korea’s third-largest mobile carrier, said on Friday that it has entered into a partnership with LS Electric Co. to expa...

LG Energy inks $3.3 bn ECV battery deal for N.America, Europe

LG Energy inks $3.3 bn ECV battery deal for N.America, Europe

LG Energy Solution Ltd., the world’s third-largest secondary battery maker, has inked a supply deal estimated up to $3.3 billion for North Ame...

KB Financial Group holds investment conference via metaverse

KB Financial Group holds investment conference via metaverse

South Korea's KB Financial Group on Tuesday presented its investment philosophy to individual and institutional customers in the metaverse, a three-...

LG Elec eyes profit from EV powertrain, car lighting biz

LG Elec eyes profit from EV powertrain, car lighting biz

LG Electronics Inc., the world’s leading home appliance maker, aims to take profit from the electric vehicle powertrain and car lighting units...

LG Innotek gears up for FC-BGA substrate mass production

LG Innotek gears up for FC-BGA substrate mass production

South Korea’s LG Innotek Co. is preparing to mass produce flip chip ball grid array (FC-BGA) substrates from the fourth quarter of this year, ...

LG Energy to raise capex by 50% in bet on strong EV growth

LG Energy to raise capex by 50% in bet on strong EV growth

LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, plans to ramp up capital expenditure by more than half thi...

LG Elec targets indoor golf market with its ProBeam projector

LG Elec targets indoor golf market with its ProBeam projector

LG Electronics Inc. is targeting the overseas indoor golf market with its premium commercial projector LG ProBeam.The company said on Thursday that ...

LG Innotek, Samsung Electro-Mechanics Q4 profit disappoint

LG Innotek, Samsung Electro-Mechanics Q4 profit disappoint

LG Innotek Co. and Samsung Electro-Mechanics Co., two major South Korean suppliers for Apple’s iPhone, on Wednesday reported more than a 60% p...

Take QR code instead of long password when connecting to Wi-Fi

Take QR code instead of long password when connecting to Wi-Fi

LG Uplus Corp. introduced a functionality that allows access to Wi-Fi through an Internet TV screen. This is intended to make it possible to connect...

LG Energy partners with Seoul Nat'l Univ. for battery technology

LG Energy partners with Seoul Nat'l Univ. for battery technology

South Korea's No. 1 secondary battery maker LG Energy Solution Ltd. and Seoul National University on Friday signed an agreement to establish an indu...

Metaverse-based virtual offices: New breadwinner for LG CNS

Metaverse-based virtual offices: New breadwinner for LG CNS

LAS VEGAS – While buzzwords such as avatar and the metaverse are on everyone’s lips these days, waking up in the morning and going to a ...

LG Chem completes acquisition of US biotech firm AVEO

LG Chem completes acquisition of US biotech firm AVEO

LG Chem Ltd. is set to complete its $571 million purchase of the US biotech firm AVEO Pharmaceuticals Inc. on Friday, which would strengthen its ant...

LG UltraGear selected as official monitor for League of Legends

LG UltraGear selected as official monitor for League of Legends

LG Electronics Inc. said on Tuesday that its UltraGear gaming monitor, with enhanced gamer-specific features, has been selected as the official moni...

Hanwha, LG Energy team up for US battery production

Hanwha, LG Energy team up for US battery production

South Korea’s Hanwha Group will invest in LG Energy Solution Ltd.'s battery production lines for energy storage systems (ESS) in the US, some ...

LG Elec's Tennessee plant named Lighthouse Factory by WEF

LG Elec's Tennessee plant named Lighthouse Factory by WEF

LG Electronics Inc.'s home appliance factory in Tennessee, the US, has been selected as a "Lighthouse Factory" by the World Economic Forum (WEF) for...

HYBE sparks summer with BTS live album, TXT comeback, new boy band launch K-beauty contract manufacturers see record Q2 profits; rally likely to continue S.Korea’s Bebesup gains China nod for baby skincare, eyes global expansion At home, K-convenience stores battle stagnation; abroad they are powerful K-food ambassador Deal graveyard: S.Korean F&B franchises left without takers