LG, Altair build AI-powered validation platform for automotive parts

LG, Altair build AI-powered validation platform for automotive parts

LG Electronics Inc., an industry frontrunner in applying artificial intelligence to home appliances, said on Wednesday it has joined forces with Alt...

LG Display unveils world’s first high-resolution stretchable display

LG Display unveils world’s first high-resolution stretchable display

LG Display Co., a major South Korean display panel maker, said on Tuesday it has developed the world’s first full-color stretchable display th...

LG Electronics to support partners’ efforts to strengthen cybersecurity

LG Electronics to support partners’ efforts to strengthen cybersecurity

LG Electronics Inc., one of South Korea’s leading home appliance makers, said on Monday it will help its business partners strengthen their cy...

Korea Inc. accumulates cash as economic downturn deepens

Korea Inc. accumulates cash as economic downturn deepens

South Korean companies, led by the country’s most valuable firm Samsung Electronics Co., have rushed to accumulate cash as interest rates kept...

Samsung, LG gear up for launch of 8K gaming monitors

Samsung, LG gear up for launch of 8K gaming monitors

Samsung Electronics Co. and LG Electronics Inc., South Korea’s two largest TV makers, are bracing for the impending arrival of a next-generati...

LG Electronics, 6 stellar startups to jointly develop B2B growth engines

LG Electronics, 6 stellar startups to jointly develop B2B growth engines

LG Electronics will team up with promising startups to discover and develop new growth engines for business-to-business (B2B) operations. LG Electro...

LG CNS hires new employees based on computer coding skills

LG CNS hires new employees based on computer coding skills

LG CNS Co., the information technology service arm of LG Group, is hiring new employees based on computer coding skills regardless of the candidates...

LG Chem posts strong Q3 earnings, buoyed by battery business

LG Chem posts strong Q3 earnings, buoyed by battery business

South Korea’s top chemicals company LG Chem Ltd. on Monday posted strong third-quarter sales and profit as gains at its battery affiliate offs...

Ex-LG Elec purchase head named Starkist CEO

Ex-LG Elec purchase head named Starkist CEO

Dongwon Group, a South Korean seafood and logistics conglomerate, announced on Monday that it has appointed Um Jae-woong, LG Electronics Inc.’...

Samsung SDI beats CATL in EV battery operating margin

Samsung SDI beats CATL in EV battery operating margin

Samsung SDI Co., the world’s sixth-largest electric vehicle battery maker, reported a higher operating margin than that of the global leader C...

Hyundai Motor to boost US presence with $5.5 bn new Georgia EV plant

Hyundai Motor to boost US presence with $5.5 bn new Georgia EV plant

Hyundai Motor Co. broke ground on a $5.54 billion electric vehicle and battery plant in the US state of Georgia on Tuesday, as the top South Korean ...

LG Energy set to ink graphite deal with Australia’s Syrah Resources

LG Energy set to ink graphite deal with Australia’s Syrah Resources

South Korea’s LG Energy Solution Ltd. said on Thursday it has signed an initial agreement to explore graphite procurement from Australia&rsquo...

Korea's LG Chem buys Nasdaq-listed biotech firm AVEO for $566 mn

Korea's LG Chem buys Nasdaq-listed biotech firm AVEO for $566 mn

South Korea’s chemicals giant LG Chem Ltd. announced on Oct. 18 that it will acquire AVEO Pharmaceuticals Inc., a Nasdaq-listed US biotech fir...

LG Elec speeds up robot biz expansion in logistics sector

LG Elec speeds up robot biz expansion in logistics sector

LG Electronics Inc., the world’s top home appliance maker, has ramped up expansion of robot applications in the smart logistics sector with it...

Lab-grown fish, smart pillow: LG’s choices for future

Lab-grown fish, smart pillow: LG’s choices for future

Startups making lab-cultured seafood, smart pillows and others showcased their innovative products at an exhibition hosted by LG Group, South Korea&...

Firm dollar deters Korea Inc.’s overseas acquisition deals

Firm dollar deters Korea Inc.’s overseas acquisition deals

The firm dollar is causing South Korean companies to postpone or cancel their plans to buy overseas firms for future growth as the US currency&rsquo...

LG Energy, POSCO join forces for EV battery business

LG Energy, POSCO join forces for EV battery business

LG Energy Solution Ltd. and POSCO Holdings Inc. have joined hands to enhance their competitiveness in the global electric vehicle battery sector and...

LG Energy to launch battery swapping services

LG Energy to launch battery swapping services

LG Energy Solution Ltd., a South Korean rechargeable battery maker, has launched two in-house ventures to enter the battery swapping and energy aggr...

Samsung’s new $2.8 bn OLED plant to benefit Korean device makers

Samsung’s new $2.8 bn OLED plant to benefit Korean device makers

South Korea’s electronics equipment manufacturers are set to benefit from Samsung Display Co.’s planned construction of a $2.8 billion n...

LG Display holds digital art exhibition in London

LG Display holds digital art exhibition in London

South Korea’s LG Display Co. is holding a digital art exhibition in London for works created on its organic light-emitting diode (OLED) panels...

Korea ramen packet maker inks $1 bn battery material deal

Korea ramen packet maker inks $1 bn battery material deal

A South Korean instant noodle packet maker has secured a $1 billion deal to supply battery materials to a joint venture between General Motors Co. a...

LG embraces ESG management standards with first groupwide report

LG embraces ESG management standards with first groupwide report

South Korea’s fourth-largest conglomerate LG is rapidly embracing environmental, social and governance standards as key criteria in evaluating...

LG Energy in cobalt, lithium deals with three Canadian suppliers

LG Energy in cobalt, lithium deals with three Canadian suppliers

South Korea’s LG Energy Solution Ltd. said on Friday it has signed battery materials supply deals with three Canadian minerals companies &ndas...

LG Elec., Uplus team up to expand service robot business

LG Elec., Uplus team up to expand service robot business

South Korea’s home appliance giant LG Electronics Inc. and mobile carrier LG Uplus Corp. will join forces to expand their service robot busine...

LG fridges, TVs to leverage embedded AI to distinguish human voices

LG fridges, TVs to leverage embedded AI to distinguish human voices

LG Electronics Inc., an industry frontrunner in applying artificial intelligence to home appliances, has unveiled a new speaker identification techn...

LG's 5G backup system installed in AWS cloud platform

LG's 5G backup system installed in AWS cloud platform

LG Uplus Corp., a South Korean internet service provider, said on Tuesday that it has installed its 5G mobile backup network system in the cloud com...

LG Elec., GS EPS join forces to produce, use solar power in Korea

LG Elec., GS EPS join forces to produce, use solar power in Korea

LG Electronic Inc. is set to produce solar energy to support 10% of the annual electricity consumption at its Changwon plant in South Korea.The firm...

Ford CEO heads to Korea to discuss EV tax credit with LG Energy, SK On

Ford CEO heads to Korea to discuss EV tax credit with LG Energy, SK On

Ford Motor Co. Chief Executive Jim Parley will visit South Korea early next week to meet with chief executives of its battery suppliers LG Energy So...

LG Uplus aims to double corporate value via platforms

LG Uplus aims to double corporate value via platforms

LG Uplus Corp., the third-largest mobile carrier in South Korea, is slated to increase its corporate value to 12 trillion won ($8.6 billion) by 2027...

Hyundai faces growing rivalry with China’s BYD in Southeast Asia

Hyundai faces growing rivalry with China’s BYD in Southeast Asia

Chinese electric vehicle maker BYD’s announcement last week that it will build its first overseas EV plant in Thailand is setting off alarm be...

Samsung’s latest Galaxy Z foldables: Slimmest, lightest yet smarter with AI features S.Korea to overhaul retirement pension system, introduce competition for higher returns POSCO sells Chinese stainless steel JV to Chinese rival for $300 mn Hahn & Co. to award bonus shares to Namyang staff, retires $7.1 mn in shares   Seoul vows zero-tolerance measures against unfair stock trading