Samsung Elec to enhance ties with LG at expense of BOE

Samsung Electronics Co., the world’s largest TV maker, is set to reduce the procurement of panels from BOE Technology Group Co., the global li...

LG AI Research launches patent screening AI

South Korea's think tank LG AI Research has teamed up with the Korean Intellectual Property Office (KIPO) to develop the world's first patent screen...

LG Electronics launches sleep management solution brid.zzz

LG Electronics Inc. on Friday launched a sleep management solution called "brid.zzz" aimed at individuals grappling with stress and insomnia. The na...

LG releases world's first connection cable-free OLED TV

LG Electronics Inc. on Thursday announced its release of the world's first wireless OLED TV, LG Signature OLED M.As the world's first OLED TV to hav...

LG Electronics aims to transform into platform-based tech firm by 2030

When LG Electronics Inc. made a surprise move to ungracefully exit the mobile phone business, one of its mainstay businesses, two years ago, investo...

Samsung ties up with LG Display for 83-inch OLED TV in US

Samsung Electronics Co., the world’s top TV maker, has joined hands with its South Korean rival LG Display Co. for the large organic light-emi...

NPS commits $163 mn to Macquarie's sixth Korean buyout fund

Macquarie Asset Management is aiming to close its sixth buyout fund in South Korea at a maximum of 1 trillion won ($775.6 million) by the first ha...

S.Korea’s petrochemical players boost plastic container recycling

South Korea's major petrochemical companies have entered the sector for 100% recycled plastic containers through cooperation with food and cosmetics...

LG Electronics to offer energy-saving services in US

South Korea's LG Electronics Inc. is set to bring its auto demand response (DR) service to the US, utilizing its smart home platform, LG ThinQ, the ...

LG Uplus to enter fashion metaverse

South Korea‘s LG Uplus Corp. has launched a fashion metaverse business, starting this month the clothing store Meta Slap, a digital service fo...

LG Elec Q2 profit misses forecast on costs; stocks tumble

LG Electronics Inc., the world’s leading home appliance maker, missed quarterly profit projections due to one-time costs related to job cuts, ...

LG Energy triples lithium orders from SQM for US benefits

LG Energy Solution Ltd., the world’s second-largest electric vehicle battery maker, agreed to nearly triple lithium procurement from Sociedad ...

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

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 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

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

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

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

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 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...

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...

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...

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

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

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

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