Samsung, LG review strategies as Trump slaps Vietnam with steeper tariffs

Samsung, LG review strategies as Trump slaps Vietnam with steeper tariffs

South Korea’s two leading electronics makers – Samsung Electronics Co. and LG Electronics Inc. – are being forced to reassess thei...

LG’s global HVAC push takes off with new deal in Singapore

LG’s global HVAC push takes off with new deal in Singapore

LG Electronics Inc. has landed a deal to supply its heating, ventilation, and air conditioning (HVAC) system to a fulfillment center in Singapore, a...

Korea’s KG Mobility teams up with Chery to develop mid to large SUVs

Korea’s KG Mobility teams up with Chery to develop mid to large SUVs

KG Mobility Corp., a South Korean automaker specializing in sport utility vehicles, said on Wednesday it joined hands with China’s fourth-larg...

LG Energy bags 1-GWh ESS battery deal from Poland’s PGE

LG Energy bags 1-GWh ESS battery deal from Poland’s PGE

LG Energy Solution Ltd. will supply 1 gigawatt-hour of energy storage system (ESS) batteries to a state-owned utility company in Poland in a deal ex...

LG Electronics restarts home appliance plant in Russia

LG Electronics restarts home appliance plant in Russia

LG Electronics Inc. has resumed operations at its home appliance plant in Russia amid prospects of a ceasefire between Russia and Ukraine, signaling...

LG Energy, Doosan Bobcat tie up for construction equipment battery packs

LG Energy, Doosan Bobcat tie up for construction equipment battery packs

LG Energy Solution Ltd., the world’s third-largest battery maker, and Doosan Bobcat Inc., a global construction machinery producer, said on We...

LG takes on Big Tech AI in reasoning with Exaone Deep

LG takes on Big Tech AI in reasoning with Exaone Deep

LG AI Research, the artificial intelligence (AI) research and development unit of South Korea's LG Group, has unveiled Exaone Deep, an open-source A...

LG Group units step up joint marketing for in-vehicle electronics

LG Group units step up joint marketing for in-vehicle electronics

Chief executives of LG Group’s key units, including LG Electronics Inc., will visit the headquarters of global carmakers for a series of close...

K-beauty shake-up: APR, Shinsegae rise as Aekyung declines

K-beauty shake-up: APR, Shinsegae rise as Aekyung declines

South Korea’s beauty industry is undergoing a major reshuffle, with new players rising to prominence while established giants face growing com...

LG Chem unveils precursor-free cathode material for batteries

LG Chem unveils precursor-free cathode material for batteries

LG Chem Ltd. is set to become the first South Korean company to mass-produce precursor-free cathode materials, designed for high- and mid-nickel bat...

LG Group chair visits India ahead of LG Electronics Indian IPO

LG Group chair visits India ahead of LG Electronics Indian IPO

LG Group Chairman Koo Kwang-mo visited LG Electronics Inc.'s factory and research center in India in late February as it plans to list its Indian ar...

LG Electronics hits record sales in India, paving way for 2025 IPO

LG Electronics hits record sales in India, paving way for 2025 IPO

LG Electronics Inc. posted its largest-ever sales in India in 2024, providing a boost to the planned initial public offering of its Indian unit this...

Samsung lowers bar on hiring foreign talent in South Korea

Samsung lowers bar on hiring foreign talent in South Korea

South Korea’s biggest business group Samsung has sweetened the pot to win the technology talent war by lowering the bar for new hires of forei...

LG Electronics deepens ties with US startup Apex.AI

LG Electronics deepens ties with US startup Apex.AI

LG Electronics Inc. has invested in Apex.AI, a US-based startup developing safety-certified software designed to accelerate the transition of softwa...

LG renames premium built-in appliance brand; Moody’s outlook up

LG renames premium built-in appliance brand; Moody’s outlook up

LG Electronics Inc., South Korea’s top appliance maker, has rebranded its 10-year-old premium built-in kitchen appliance business to double do...

LG Innotek ventures into automotive AP module market

LG Innotek ventures into automotive AP module market

LG Innotek Co., a major South Korean electronics parts developer, has forayed into the automotive application processor (AP) module market, poised f...

LG companies flock to debt, equity markets to raise $2.8 billion

LG companies flock to debt, equity markets to raise $2.8 billion

Companies under South Korea’s fourth-largest conglomerate LG Group scrambled to sell shares and bonds to raise 4 trillion won ($2.8 billion) e...

South Korean IPO market headed into winter after pitiful LG CNS debut

South Korean IPO market headed into winter after pitiful LG CNS debut

Companies in South Korea are expected to refrain from seeking initial public offerings for a while after the country’s much-anticipated new bl...

LG Chem embarks on sale of dermal filler business worth $343 million

LG Chem embarks on sale of dermal filler business worth $343 million

LG Chem Ltd., the world’s fourth-largest chemicals producer that is fostering vaccine and new drug development as new growth drivers, has kick...

LX International seeks to acquire nickel, copper mines in Indonesia

LX International seeks to acquire nickel, copper mines in Indonesia

LX International Corp., the trading unit of South Korea’s LX Group, said on Friday it is seeking to acquire a nickel mine and a copper mine in...

Korean beauty giants Amorepacific, LG H&H come back from China woes

Korean beauty giants Amorepacific, LG H&H come back from China woes

South Korea’s two largest cosmetics makers, Amorepacific Corp. and LG H&H Co., are recovering from years of lackluster overseas business p...

LG, SNU team up to develop AI modeling for protein structure predictions

LG, SNU team up to develop AI modeling for protein structure predictions

LG AI Research Institute, the artificial intelligence think-tank of LG Group, South Korea’s fourth-biggest conglomerate, on Thursday signed a ...

Hanwha, LG join hands to take on Tesla with solar energy package

Hanwha, LG join hands to take on Tesla with solar energy package

LG and Hanwha groups will join forces to develop and sell solar energy devices as a package to challenge Tesla Inc., the leader in the solar energy ...

Magnachip, up for sale again, contacts Samsung, LG, LX

Magnachip, up for sale again, contacts Samsung, LG, LX

South Korean chipmaker Magnachip Semiconductor Corp. is on the market again four years after the US blocked a takeover by a Chinese private equity f...

SK On to complete merger with SK Enterm on Feb. 1

SK On to complete merger with SK Enterm on Feb. 1

Electric vehicle battery maker SK On Co. said on Friday it is set to complete a merger with crude oil storage tank operator SK Enterm Co. on Feb. 1 ...

LG Electronics secures control of Bear Robotics

LG Electronics secures control of Bear Robotics

LG Electronics Inc. has secured control of Bear Robotics Inc., a service robot developer, by raising its stake to 51% from 21% as it aims to expand ...

Korean bonds heavily oversubscribed in January boom

Korean bonds heavily oversubscribed in January boom

South Korea’s debt market got off to a strong start this year, as several blue chip companies made a bold return to the bond market for new is...

Samsung, LG consider moving electronics plants to US from Mexico

Samsung, LG consider moving electronics plants to US from Mexico

South Korea’s leading electronics companies such as Samsung and LG are considering moving their plants in Mexico to the US to respond to Presi...

LG CNS, Bear Robotics to co-develop autonomous robots

LG CNS, Bear Robotics to co-develop autonomous robots

LG CNS Co., a South Korean information technology service company, said on Monday it signed a memorandum of understanding (MOU) with Bear Robotics...

LG Display unveils industry’s brightest OLED panel for AI TVs

LG Display unveils industry’s brightest OLED panel for AI TVs

LG Display Co., the world’s top organic light-emitting diode (OLED) panel maker, on Thursday unveiled a fourth-generation screen optimized for...

Deal graveyard: S.Korean F&B franchises left without takers LG Energy, GM’s JV Ultium Cells to retrofit Tennessee plant to produce LFP batteries KPop Demon Hunters OST lands at No.6 on Billboard Hot 100 K-beauty craze sends Olive Young online sales to new heights Hyundai Motor’s high-stakes gambit in US: Cut vehicle prices as rivals hike