Hyundai-LG’s Indonesia battery financing chosen as Asia deal of 2022

Hyundai-LG’s Indonesia battery financing chosen as Asia deal of 2022

The $711 million financing organized by Hyundai Motor Co. and LG Energy Solution Ltd. last year for their battery joint venture in Indonesia has bee...

LG Electronics sets up 1st global R&D center in Indonesia

LG Electronics sets up 1st global R&D center in Indonesia

South Korean home appliance giant LG Electronics Inc. opened its first overseas research and development center in Indonesia on Thursday to accelera...

LG Electronics collaborates with German Playmobil for figurines

LG Electronics collaborates with German Playmobil for figurines

LG Electronics Inc. unveiled its collaboration with the famous German toy brand Playmobil on Thursday, creating home appliance figurines. South Kore...

Deal reached on LG-Stellantis battery plant subsidy; construction resumes

Deal reached on LG-Stellantis battery plant subsidy; construction resumes

All construction work at a battery joint venture in Canada between South Korea’s LG Energy Solution Ltd. and multinational automaker Stellanti...

SK Bioscience, Thai’s GPO to jointly boost vaccine infrastructure

SK Bioscience, Thai’s GPO to jointly boost vaccine infrastructure

SK Bioscience Co., the drug-making unit of South Korea’s SK Group, announced on Wednesday that it has signed a memorandum of understanding (MO...

Lotte Energy Materials aspires to become copper foil leader: CEO

Lotte Energy Materials aspires to become copper foil leader: CEO

South Korea’s Lotte Energy Materials Corp. said on Tuesday that growing demand for reasonably priced electric vehicles will expand the market ...

SK C&C to release Kospi-focused AI investment strategy service

SK C&C to release Kospi-focused AI investment strategy service

SK C&C, an information and communications technology affiliate of South Korea’s SK Group, will create an artificial intelligence (AI) inve...

SK Square, SK Hynix set up $77 million chip investment unit

SK Square, SK Hynix set up $77 million chip investment unit

SK Square Co. and SK Hynix Inc., together with two other South Korean companies, have launched a 100 billion won ($77 million) joint investment unit...

LG Uplus releases ad with generative AI

LG Uplus releases ad with generative AI

South Korea’s third-largest mobile carrier LG Uplus Corp. on Tuesday unveiled the first video ad using generative artificial intelligence (AI)...

Genesis GV80 to come with LG’s OLED auto display in close tie-up

Genesis GV80 to come with LG’s OLED auto display in close tie-up

Hyundai Motor Co.'s premium brand Genesis will be equipped with LG Display Co.'s organic light-emitting diode (OLED) automotive display for its...

LG Uplus, Kakao Mobility to form EV charging JV

LG Uplus, Kakao Mobility to form EV charging JV

South Korea’s third-largest mobile carrier LG Uplus Corp. and transportation company Kakao Mobility announced on Monday their strategic allian...

LG Chem seeks to sell 2nd NCC facility in Korea in face of China’s ascent

LG Chem seeks to sell 2nd NCC facility in Korea in face of China’s ascent

LG Chem Ltd. has embarked on a process to sell its core naphtha cracking center (NCC) in South Korea, estimated at about 3 trillion won ($2.3 billio...

S.Korea’s SK to buy US bio JV stake from Roivant for $48 mn

S.Korea’s SK to buy US bio JV stake from Roivant for $48 mn

SK Group, South Korea’s second-largest conglomerate, is set to purchase the entire stake in a US bio joint venture held by its partner, as the...

SK Telecom adds ChatGPT-based services to A Dot

SK Telecom adds ChatGPT-based services to A Dot

South Korea's SK Telecom Co. announced on Friday that it has completely revamped the user experience (UX) and added ChatT, based on ChatGPT, to allo...

LG sees $76 bn in 2023 vehicle system order backlog

LG sees $76 bn in 2023 vehicle system order backlog

The automotive electronics business is emerging as a new cash cow for South Korea’s LG Electronics Inc., a household name in the home applianc...

SK Telecom invests $100 mn in American UAM developer

SK Telecom invests $100 mn in American UAM developer

South Korea's SK Telecom.Co has invested $100 million (131.6 billion won) in Joby Aviation, a Santa Cruz, California-based developer of urban air ...

SK E&S eyes business split-up to raise up to $1. 5 bn

SK E&S eyes business split-up to raise up to $1. 5 bn

South Korea’s SK E&S Co. is seeking to split up its business to raise up to 2 trillion won ($1.5 billion), according to people with knowle...

LG Group seeks new partners in Silicon Valley’s startup scene

LG Group seeks new partners in Silicon Valley’s startup scene

South Korea’s LG Group seeks new partnerships with global ventures to strengthen its new growth engines, such as batteries, biopharmaceuticals...

SK Plasma to supply $30 mn in blood products to Singapore

SK Plasma to supply $30 mn in blood products to Singapore

South Korea's SK Plasma on Wednesday announced the launch of full-scale production this month of the blood products albumin and immunoglobulin for S...

LG Electronics launches TV-specific camera LG Smart Cam

LG Electronics launches TV-specific camera LG Smart Cam

LG Electronics Inc. announced on Wednesday that it has released a TV-specific camera, LG Smart Cam.LG Smart Cam supports full HD high-resolution sho...

LG CNS develops AI coding solution based on ChatGPT

LG CNS develops AI coding solution based on ChatGPT

LG CNS, the information technology service arm of LG Group, announced on Wednesday that it has developed an artificial intelligence (AI)-based code ...

LG Electronics targets EdTech market in US

LG Electronics targets EdTech market in US

LG Electronics Inc. is showcasing a lineup of acclaimed products designed for the education sector at the International Society for Technology in Ed...

S.Korean firms' rights issues swell 10-fold in June

S.Korean firms' rights issues swell 10-fold in June

An increasing number of South Korean companies are bumping up new share sales in search of cheaper funds. A total of 10 companies listed on the Kosp...

LG Electronics releases portable speaker XBoom

LG Electronics releases portable speaker XBoom

LG Electronics Inc. announced on Monday the launch of the LG XBoom, a portable party speaker with a built-in battery that delivers powerful sound an...

Heyday over for Amorepacific, LG Household in China’s beauty market

Heyday over for Amorepacific, LG Household in China’s beauty market

Amorepacific Corp. and LG Household & Health Care Ltd., basking in the global K-beauty boom, reaped handsome profits in China, the world’s...

LG Innotek to spend $1 bn to double Vietnam output capacity

LG Innotek to spend $1 bn to double Vietnam output capacity

South Korea’s LG Innotek Co., a major camera module supplier for Apple iPhones, is set to invest $1 billion in Vietnam to more than double its...

LG Chem produces single-crystal cathodes; to raise $1.5 bn in bonds

LG Chem produces single-crystal cathodes; to raise $1.5 bn in bonds

LG Chem Ltd. has begun mass production of high-nickel cathode materials made with a single crystal structure for the first time in South Korea, whic...

LG Elec, SM to launch home fitness app in July

LG Elec, SM to launch home fitness app in July

LG Electronics Inc. and SM Entertainment Co. will jointly launch next month a home fitness app nine months after the project was delayed in Septem...

Samsung, LG fuel rivalry in global hospitality TV market

Samsung, LG fuel rivalry in global hospitality TV market

Samsung Electronics Co. and LG Electronics Inc., two leading players in the global hospitality TV market, are extending their rivalry in the premium...

Samsung, LG, Sony vie for mixed-reality OLED display market

Samsung, LG, Sony vie for mixed-reality OLED display market

Samsung Display Co., LG Display Co. and Sony Corp. — the world’s three leading display panel makers — are ratcheting up efforts to...

Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP Samsung to launch AI health coach beta in US by end-2025 South Korea moves to mandate treasury share cancellation