LG Household’s China strategy put to test as shares crash
LG Household & Health Care Ltd.’s shares have been flying high since its market debut in 2001, and have more recently basked in the global...
Kospi short sales hit $639 mn amid rate hike woes
Short selling on the Korean stock market is soaring rapidly on concerns over the US Fed Reserve’s interest rate hike. Particularly, a large ...
Self-driving car stocks to lead auto sector shares in 2022
Self-driving car-related shares failed to draw attention last year as investors focused on electric vehicles and the autonomous vehicle value chain ...
LG Chem, China’s Huayou Cobalt to build battery metal JV in Korea
South Korea’s top chemical maker LG Chem Ltd. will partner with China’s Zhejiang Huayou Cobalt Co. to launch a battery material joint ve...
LG welcomes Samsung’s likely re-entry into OLED TV market
Samsung Electronics Co.'s expected re-entry into the OLED TV market will further expand the growing segment, which is gaining popularity in the...
From TV to window: New displays from Samsung and LG
Samsung Electronics Co. and LG Display Co., the two archrivals in the TV panel market, are unveiling new displays with enhanced picture and sound qu...
LG Energy to heat up Korea’s record IPO market in 2022
South Korea’s initial public offering market is expected to set a record in 2022, heating up from the start of the year as LG Energy Solution ...
LG Display reveals 30% brighter OLED EX
LG Display Co. revealed a 30% brighter OLED panel during Wednesday’s press event. During the media event held in Seoul’s LG Science...
LG Innotek shares surge on anticipation of Apple Car, new iPhone
Shares of Korean companies supplying parts to Apple rose sharply on Thursday. The jump comes on the back of robust iPhone sales and buzz that the ...
LG Display shares shine, reflecting metaverse hype
LG Display Co. ’s share price is continuing its upward trend, despite dampening LCD (liquid crystal display) panel prices. This is not in...
LG Display OLED TV panel sales top 20 mn units on strong demand
South Korea’s major display panel maker LG Display Co. is estimated to have sold more than 20 million units of organic light-emitting diode (O...
Korean core companies’ stocks underperform global peers
The world sought new opportunities in 2021, recovering from the shock of the COVID-19 pandemic. Global major companies have been in cutthroat compet...
LG Chem, LG Energy acquire 2.6% of battery startup Li-Cycle for $51 million
South Korea’s top chemical manufacturer LG Chem Ltd. and its battery affiliate LG Energy Solution Ltd. have acquired a combined 2.6% stake in ...
LG Energy to adopt Siemens' digital factory technology
South Korea's LG Energy Solution Ltd. plans to adopt Siemens AG's smart factory technology to accelerate the digitization of its battery manufacturi...
LG unveils multimodal ‘supergiant AI’ with unprecedented parameters
LG Corp.'s artificial intelligence research institute unveiled what it dubs a “supergiant AI” on Tuesday.The big reveal was for EXAONE, ...
Will LG Energy’s IPO overcharge?
The world’s second-largest electric-vehicle battery maker, LG Chem-owned LG Energy, is hoping a separate listing will give the ...
LG Elec expands global auto electronics market share
South Korea’s LG Electronics Inc. is raising its market share in the global automotive electronics industry with the company’s audio, vi...
LG Energy unveils IPO price band for Korea’s largest listing
South Korea’s LG Energy Solution Ltd. has set an initial public offering price band for the largest-ever initial listing in the country next...
KRX approves preliminary review of LG Energy IPO
The Korea Exchange (KRX) on Nov. 30 approved a preliminary review of LG Energy Solution Ltd.’s listing, paving the way for one of the largest-...
IONIQ 7 to beome home on wheels with LG appliances
Hyundai Motor Co.’s IONIQ 7, its new all-electric sport utility vehicle to be launched in 2024, will be equipped with the home appliances of L...
LG Energy to secure $1.36 bn to raise US battery output
LG Energy Solution Ltd. is set to secure $1.36 billion to expand US battery output capacity, joining the fundraising race among South Korean battery...
LG Electronics names strategy chief as new CEO
South Korea's LG Electronics Inc. on Thursday appointed its strategy chief Cho Joo-wan as the company's new chief executive officer, in a major resh...
LG Energy to list end-January with enterprise value up to $67 billion
LG Energy Solution Ltd. will list its shares on the main bourse around the end of January, valuing the top South Korean battery maker between 70 tri...
LG Elec brings GeForce Now games to smart TVs
LG Electronics Inc., the global home appliance giant, will now enable gamers to enjoy Nvidia Corp.’s game streaming service GeForce Now on the...
LG Chem, GS Caltex to produce biodegradable plastic material
South Korea’s top petrochemical maker LG Chem Ltd. and the No. 2 refiner GS Caltex Corp. have agreed to jointly produce a biodegradable plasti...
Hyundai Oilbank to make naphtha from plastic waste
Hyundai Oilbank Co. is set to produce naphtha by injecting plastic waste pyrolysis oil into the process of refining crude oil, poised to become the ...
LG to expand medical equipment business with pain-relieving device
LG Electronics Inc. is expanding its business scope to the medical equipment sector with a plan to unveil a pain-relieving device in an effort to ga...
Korea scrambles to address DEF supply shortage
South Korea is stepping up efforts to secure diesel exhaust fluid (DEF) such as diversification of supply sources as the shortage of the liquid used...
LG Energy Solution to supply batteries to US fuel cell truck maker Nikola
LG Energy Solution Ltd., a leading South Korean battery maker, has signed a deal to supply batteries to Nikola Corp., a US hydrogen fuel cell electr...
LG, CJ join other Korean firms to run offices in Washington
WASHINGTON D.C. – South Korea’s major business conglomerates are heading to Washington D.C. to run offices handling regulatory and gover...
