S.Korea’s IT parts makers reeling from sluggish smartphone, TV sales performance
South Korea’s major information technology parts makers like Samsung Electro-Mechanics, LG Innotek and LG Display Co. suffered huge dr...
S.Korea’s 20-somethings tighten belts due to high interest rates: report
The decline in consumption by 20-somethings due to benchmark interest rate hikes is over eight times greater than those in their 60s.Analysts blame ...
Kia expects stellar Q2 after reporting record operating profit in Q1
Kia Corp., the smaller sibling of South Korea’s largest automaker Hyundai Motor Co., presented a rosy earnings outlook for the second quarter ...
POSCO Future M to supply LG Energy Solution $22.6 bn worth of cathodes
POSCO Future M Co. on Wednesday signed a long-term contract with LG Energy Solution Ltd. (LGES) to supply 30.26 trillion won ($22.6 billion) worth o...
LG Elec to strengthen its direct-to-consumer sales strategy
South Korea's LG Electronics Inc. is strengthening its direct-to-consumer (D2C) strategy and expanding its lineup of low- to mid-priced products to ...
LG Electronics to bolster B2B to transform into software company
LG Electronics Inc., South Korea’s home appliance giant, will expedite its push to transform from a white goods manufacturer into a digital so...
LG Innotek wins top US invention award
South Korea’s LG Innotek announced on Monday that its ultra-thin magnetic components, Nexlim, has won a bronze award in the "Commercial Techno...
LG paves way for $82 bn OLED TV, panel sales milestone
South Korea’s LG Display Co. is regarded as a pioneer in the organic light-emitting diode (OLED) market after it developed the world’s f...
Ransomware attacks targeting S.Korean companies on sharp rise
Global hacker groups' ransomware attacks against domestic companies and organizations in the first quarter of this year have been revealed to total ...
LG Elec gets open-source software security certification
South Korean electronics giant LG Electronics Inc. announced on Friday that it has been recognized as a company that complies with the "Internationa...
Hyundai ties up with LG, SK for $5.3 bn US EV cell plants
Hyundai Motor Group, the leading South Korean automaker, has joined hands with LG Energy Solution Ltd. and its smaller rival SK On Co. to build elec...
Samsung, LG show Korean War hero tribute videos on Times Square
A tribute video to honor Korean and U.S. veterans of the Korean War started screening on billboards in New York’s Times Square on Thursday. Th...
Asleep dreams big to help sleepless people worldwide find right treatment
Armed with artificial intelligence and big data technologies, Asleep hopes to find the best treatment for sleep-deprived people around the world wit...
Korea Tourism Organization to host K-Tourist Festival in Japan
The Korea Tourism Organization announced on Thursday that it will hold a "K-Tourism Festival" on Apr. 21-22 in Hiroshima and Fukuoka, the key market...
Korean battery players LG, Samsung, SK sweep US EV tax credits
It has long been talked about and finally confirmed: South Korean battery companies are well-placed to benefit from the strengthened requirements of...
South Korea to Probe Circumstances Around Reported Leak of Classified U.S. Documents
SEOUL—A South Korean official said the government was investigating the circumstances around a leak of highly classified U.S. documents that a...
LG Chairman to refine strategy for EV battery production
Koo Kwang-mo, chairman of South Korea’s fourth-largest conglomerate LG, visited a cathode plant on Monday to review supply chains for the batt...
LG Electronics supports ESG certification for overseas suppliers
LG Electronics Inc. is accelerating its support for enhancing the environmental, social and governance (ESG) capabilities of domestic and overseas p...
Korean banks’ profits hamstrung by tighter rules, consumer behavior
South Korea’s commercial banks usually post decent earnings driven by high interest income when the country’s policy interest rates are ...
LabGenomics, Amorepacific sign gene testing service supply deal
South Korea's molecular diagnostics company LabGenomics Co. announced on Monday that it has signed a gene testing service supply contract with Amore...
LG Chem, China’s Huayou Cobalt to build $923 million precursor plant
South Korea’s top chemicals company LG Chem Ltd. and its Chinese partner Zhejiang Huayou Cobalt Co. will launch a 1.2 trillion won ($923 milli...
Preppy style attracts Korea's Gen Z, Alpha seeking retro trends
A licensed fashion brand from the University of Cambridge has entered South Korea as more young consumers are enthusiastic about the so-called Ivy L...
Korea must nurture chip materials, parts, facilities: Jusung
South Korea needs to nurture its materials, parts and facilities industries to keep competitiveness in the semiconductor sector, said the chief exec...
LG Chem teams up with US company to expand bioplastic global business
LG Chem Ltd. has partnered with a US-based biofuel company Gevo to expand its bio-material-based plastic business.The company announced on Thursday ...
LG to unveil healthcare product; open to startup M&As
South Korea’s LG Electronics Inc. is set to unveil its first digital healthcare product in the second half of this year, three years after it ...
LG shares soar as UK asset manager Silchester raises stake
LG Corp., the holding firm of South Korea’s fourth-largest conglomerate LG Group, saw its share price soar in the local market on Wednesday as...
LG Elec reinvents brand identity, aiming for youthful, dynamic image
South Korean tech giant LG Electronics Inc. is taking steps to reinvent its brand and enhance its youthful and dynamic image while actively communic...
LG Chem, Hanyang Univ. open industry-academic center for battery materials
South Korea's LG Chem Ltd. on Wednesday said it signed a memorandum of understanding with Hanyang University on industry-academic cooperation in bat...
LG Electronics rolls out third-generation Cloi ServeBot
LG Electronics Inc. has rolled out a new serving robot that easily serves soup, boosting the device's performance and customer convenience. The com...
LG CNS, Microsoft to jointly develop new ChatGPT-based services
South Korea’s largest cloud computing service provider LG CNS Co. announced on Tuesday that it will strengthen its strategic partnership with ...
