LG Display unveils brighter next-generation OLED TV panel, to add models

LG Display Co., a major South Korean display panel maker, has unveiled a next-generation OLED TV panel that enables brighter and more vivid picture ...

Samsung, LG vie for top spot as premium TV players at CES 2021

Samsung Electronics Co. and LG Electronics Inc., the world’s two largest TV makers, are showcasing a series of new models at the world’s...

LG Energy Solution to begin IPO process, eyes H2 listing on local bourse

LG Chem Ltd.’s battery unit, LG Energy Solution, is set to become this year’s initial public offering blockbuster with its plan to list ...

LG takes over controlling stake in US TV data analysis firm Alphonso

South Korea’s LG Electronics Inc. has acquired a controlling stake in US-based TV data analysis startup Alphonso Inc. to strengthen its softwa...

Japan’s JSR reaches out to Lotte, LG for sale of synthetic rubber business

Japan’s JSR Corp. is reaching out to Korean chemical companies to dispose of its synthetic rubber business and focus instead on semiconductor ...

Battery boom to drive POSCO Chem's $1.1 bn rights offering

South Korea-based POSCO Chemical Co. has begun preparations for its rights offering, to the delight of shareholders as the company’s share pri...

LG Electronics, Magna to launch $1 bn EV gear JV

LG Electronics Inc. and Magna International Inc. will form a $1 billion joint venture to build electric car components as the tech companies tap int...

LG Energy Solution, Indonesia sign MOU on battery cooperation

LG Energy Solution, the battery unit of LG Chem Ltd., has signed a memorandum of understanding with the Indonesian government’s investment aut...

POSCO Chem eyes No.1 spot in battery materials sector

South Korean steelmaker POSCO launched in 1968 with a mission to aid the country's economic growth through its steel business. True to its inten...

US hedge fund Whitebox Advisors opposes LG’s planned spin-off

Whitebox Advisors LLC, a US-based hedge fund, opposes a planned spin-off by South Korea’s LG Corp., saying the plan sacrifices minority shareh...

LG Chem to power Wuxi plant with renewable energy bought from China

South Korea's LG Chem Ltd. says it will power its battery component plant in China with renewable energy as part of its goal to be carbon neutral by...

POSCO Chem becomes supplier for GM-LG Energy Solution JV

POSCO Chemical Co., a secondary battery materials unit under POSCO, saw its share price surge on announcing that it has secured a contract worth bil...

Investors set sights on value stocks as LG Electronics’ shares soar

With South Korea’s stock market indexes at or near all-time highs, finding bargains in the market is a daunting task.Growth stocks such as bat...

LG launches AI research think tank for digital transformation

LG Electronics Inc. has launched LG AI Research, an artificial intelligence think tank dedicated to securing AI technology, to further aid the gro...

Korea set to overtake Japan as No. 5 exporter by 2026

South Korea is set to overtake Japan and become the world’s No. 5 export powerhouse by 2026 on grounds that the country will maintain its cu...

LG Chem launches battery unit LG Energy Solution, eyes 2024 sales of $27 bn

South Korea’s LG Chem Ltd. has officially launched its battery affiliate, LG Energy Solution, to carve out a greater share of the increasingly c...

LG Chem, China’s CATL neck and neck in race for top battery player’s spot

Global competition for the world’s top spot for the manufacture of electric-vehicle batteries is getting fiercer as major players in South Kor...

LG to hive off trading, four other units into new group

South Korea’s fourth-largest conglomerate LG Group will split off its trading arm LG International Corp. and four other non-core units into a ...

Naver confident third time’s a charm in Japan's search engine market

South Korea’s portal giant Naver Corp. is hoping third time’s a charm as it gears up to re-enter the Japanese search engine market after...

LG Chem beats CATL, Panasonic to supply batteries for Tesla’s Model Y SUV

South Korea’s LG Chem Ltd. will supply batteries to US electric vehicle giant Tesla Inc. for its latest mid-size SUV Model Y, to be manufact...

Lady Gaga lights up LG screen in Times Square

Pop diva Lady Gaga’s '911' music video brightened up New York’s Times Square on Nov. 18. The video was played on LG Electronics’...

LG Group ex-chair eyes spin-off of trading, logistics units

LG Group’s ex-Vice Chairman and senior advisor Koo Bon-joon is in talks to take the trading arm LG International Corp. and other non-core units ...

S.Korea, Japan ink first free trade deal via 15-country trade bloc

South Korea joined the world’s biggest free trade regime on Nov. 15 by signing a mulilateral FTA pact that covers 15 countries in the Asia-Pacif...

LG Chem, Neste join forces to make bio-based synthetic resins

LG Chem Ltd. plans to produce synthetic resins such as polyolefin, polycarbonate and polyvinyl chloride, using biomaterials from Finland's diesel prod...

NPS dumps $265 mn LG Chem shares after spin-off announcement

The National Pension Service, the No. 2 shareholder in South Korea's LG Chem Ltd., has sold off around 300 billion won ($265 million) worth of shares ...

LG Electronics posts record-high Q3 sales, operating profit

LG Electronics Inc.’s quarterly operating profit and sales surged thanks to solid growth in its television and home appliance segments and small...

LG Chem shareholders approve plan to split off battery business

LG Chem Ltd. shareholders have approved the South Korean chemical maker’s plan to hive off its battery business, paving the way for the standalo...

LG Chem’s No. 2 shareholder NPS opposes battery spin-off

South Korea’s National Pension Service (NPS) has decided to vote against LG Chem Ltd.’s plan to split off its battery business at a shareh...

LG to provide ice-making tech for Electrolux's French door refrigerators

South Korea's tech giant LG Electronics Inc. announced on Oct. 26 that it has entered into a patent-licensing agreement with Sweden-based Electrolux t...

LG Display swings to Q3 profit, ending six-quarter string of losses

LG Display Co., a major South Korean display panel maker, has swung to a quarterly profit for the first time in seven quarters on growing demand amid ...