LG AI Research opens first overseas base in Michigan

LG AI Research opens first overseas base in Michigan

South Korean LG Corp.'s artificial intelligence research institute set up its first overseas base in Michigan to expand its global AI research ...

LG Energy considers billion-dollar battery plant in Arizona

LG Energy considers billion-dollar battery plant in Arizona

South Korea’s LG Energy Solution Ltd. may build a billion-dollar battery plant in the US state of Arizona to meet growing demand in North Amer...

LG Innotek shares at new highs, tracking Apple's rise

LG Innotek shares at new highs, tracking Apple's rise

Shares in LG Innotek Co., a major camera module supplier for Apple iPhones, climbed to a record high on Monday, in stark contrast to the flat wider ...

LG Display reclaims global top spot in Q4 2021

LG Display reclaims global top spot in Q4 2021

South Korea’s LG Display Co. regained the top spot in the global display market for TVs in the fourth quarter of 2021, according to tech indus...

LG Elec. targets North American digital healthcare market

LG Elec. targets North American digital healthcare market

South Korea’s LG Electronics Inc. has made inroads into the North American digital healthcare market with US telehealth company Amwell as the ...

LG Elec. to sell automotive wireless smartphone charging division

LG Elec. to sell automotive wireless smartphone charging division

South Korea’s LG Electronics Inc. plans to drop its automotive wireless smartphone charging unit as the global home appliance giant exited fro...

LG, SK, Samsung unveil next-generation battery roadmaps at InterBattery

LG, SK, Samsung unveil next-generation battery roadmaps at InterBattery

South Korea’s three major battery makers are showcasing their latest rechargeable batteries for electric vehicles while unveiling their roadma...

LG Energy shares at lowest since IPO on short-selling concerns

LG Energy shares at lowest since IPO on short-selling concerns

Shares of LG Energy Solution Ltd. on Friday fell to their lowest level since the top South Korean battery maker went public in January on market con...

Smart factories drive Korea SMEs to reshore overseas plants

Smart factories drive Korea SMEs to reshore overseas plants

South Korea’s small and medium-sized enterprises adopted smart factories for survival as the digitalized facilities improve productivity and q...

Samsung, LG fret over shipping lines’ delivery halt to Russia

Samsung, LG fret over shipping lines’ delivery halt to Russia

Samsung Electronics Co. and LG Electronics Inc., South Korea’s two major exporters, are jittery about global shipping lines’ decision to...

LG Elec signs 5G vehicle connectivity deal in Europe

LG Elec signs 5G vehicle connectivity deal in Europe

LG Electronics Inc. has signed a deal on 5G vehicle connectivity with a European premium carmaker as the South Korean company is expanding its marke...

LG AI Research: Foundation of group’s long-term future

LG AI Research: Foundation of group’s long-term future

Artificial intelligence that composes music and creates images, a forecasting model that reduces the development period of customized anticancer dru...

LG Energy faces reality check as its stock turns a market laggard

LG Energy faces reality check as its stock turns a market laggard

South Korean battery maker LG Energy Solution Ltd. was touted as a market darling even before its Kospi debut last month, reflecting the investor fr...

SK On narrows bidders to BlackRock, Carlyle, KKR, GIC

SK On narrows bidders to BlackRock, Carlyle, KKR, GIC

South Korean battery maker SK On Co. has narrowed bidders for its shares worth up to $3.3 billion to four candidates -- BlackRock, The Carlyle Group...

LG Electronics to pull out of solar panel market

LG Electronics to pull out of solar panel market

South Korea's LG Electronics Inc. said on Wednesday it has decided to close its solar panel business in the face of deepening competition and sluggi...

LG AI Research forms 'Hyperscale' AI alliance with 13 companies

LG AI Research forms 'Hyperscale' AI alliance with 13 companies

LG AI Research unveiled an alliance network consisting of 13 corporations and organizations based in South Korea and abroad on Tuesday. There a...

App-rich LG smart TVs blur lines with smartphones

App-rich LG smart TVs blur lines with smartphones

From home workouts to math and science courses, thousands of apps now available on LG smart TVs are blurring the lines between TVs and smartphones.S...

LG recruits former WH deputy chief of staff Joe Hagin for govt relations

LG recruits former WH deputy chief of staff Joe Hagin for govt relations

LG Corp. announced on Sunday that the group has recruited former White House deputy chief of staff Joe Hagin for its Washington D.C. office. Ha...

Samsung, LG dominate global TV market with premium models

Samsung, LG dominate global TV market with premium models

South Korea’s two home appliances giants – Samsung Electronics Co. and LG Electronics Inc. – dominated the global TV markets last ...

LG launches world’s first 42-inch OLED TV in UK at £1,399

LG launches world’s first 42-inch OLED TV in UK at £1,399

South Korea’s LG Electronics Inc. has launched the world’s first 42-inch OLED TV, which the company said is ideal for game consoles such...

LG ramps up 6G development for first mover advantage 

LG ramps up 6G development for first mover advantage 

LG Electronics Inc. recently signed an MoU with the Korea Advanced Institute of Science and Technology (KAIST) for the second phase of their joint...

LG Energy acquires ESS company in US from Japan's NEC

LG Energy acquires ESS company in US from Japan's NEC

LG Energy Solution Ltd. has acquired US-based NEC Energy Solutions to expand its capabilities into the energy storage system (ESS) integration mar...

LG's AI designer debuts at New York Fashion Week

LG's AI designer debuts at New York Fashion Week

South Korean fashion label Greedilous showcased its 2022 Fall-Winter collection on the main stage of the New York Fashion Week on Monday local time....

LG Group improves dividend policy transparency

LG Group improves dividend policy transparency

A growing number of LG Group units have unveiled their dividend policies for the next three years for the first time in their history, as they are d...

Hyundai Motor launches robotaxi service in upscale Gangnam district

Hyundai Motor launches robotaxi service in upscale Gangnam district

City governments, automakers, and tech giants are leading the adoption of robotaxis in major cities throughout South Korea. The Ministry of Lan...

LG Energy, LG Chem deliver record results in 2021

LG Energy, LG Chem deliver record results in 2021

South Korea's LG Energy Solution Ltd. and its parent company LG Chem Ltd. on Tuesday delivered their largest-ever results in 2021, as the increased ...

LG Energy to spend $1.7 bn to hike Michigan battery capacity fivefold

LG Energy to spend $1.7 bn to hike Michigan battery capacity fivefold

The world’s second-largest electric vehicle battery maker LG Energy Solution Ltd. is spending $1.7 billion to expand its battery production ca...

The Korea Economic Daily's index set for ETF market debut

The Korea Economic Daily's index set for ETF market debut

Exchange-traded funds (ETFs) have been solidifying their position in the investment market of Korea for the past years. Individual investors in Sout...

LG Energy: Will joining indices rescue stock from its plunge?

LG Energy: Will joining indices rescue stock from its plunge?

  LG Energy Solution Ltd., the world’s No. 2 battery maker, will gain quick entry to two MSCI indices in mid-February as well as join Ko...

LG overtakes Whirlpool as top appliance maker with record 2021 sales

LG overtakes Whirlpool as top appliance maker with record 2021 sales

LG Electronics Inc. has overtaken Whirlpool Corp. as the world’s top manufacturer of home, kitchen and laundry appliances after posting record...

Korea’s game studios rebrand as AI tech firms, with stints at fashion, robotics, media K-pop queens return: Blackpink, Twice power up YG, JYP Samsung to launch AI health coach beta in US by end of 2025 South Korea moves to mandate treasury share cancellation South Korean airlines bank on China routes for profit recovery