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...

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...

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 ...

LG tops in market cap gain, beating Samsung, SK, Hyundai Motor

The total market value of companies under South Korea’s fourth-largest business group LG increased the most in a year, beating out its bigger ...

LG Electronics eyes solid Q2 results after Q1 earnings surprise

LG Electronics Inc. is expected to report solid earnings for the second quarter after its first-quarter operating profit beat market expectations an...

LG Energy’s Q1 profit soars on gains from US battery tax credits

LG Energy Solution Ltd., the world’s second-largest battery maker, said on Friday its first-quarter operating profit likely more than doubled,...

LG Elec sees steady 2023 sales to widen gap with Whirlpool

LG Electronics Inc. expects sales of its home appliances division, the key cash cow of the South Korean company, to remain steady at 30 trillion won...

LG H&H hosts Korean Royal Court Culture event with Four Seasons Seoul

South Korea's major consumer goods company LG H&H Co. announced on Thursday that its cosmetics brand, The History of Whoo, hosts an event called...

LG Chem, CJ Logistics partner to recycle packaging wrap

South Korean companies LG Chem Ltd. and CJ Logistics have signed an memorandum of understanding on Thursday to establish a recycling ecosystem for p...

Falling freight rates set to boost LG, Hyundai’s earnings

The significant fall in seaborne freight rates of late is expected to boost earnings prospects for South Korea’s major companies, benefitting ...

LG Energy to secure lithium hydroxide in Morocco

South Korean battery maker LG Energy Solution Ltd. will secure a key battery material in Morocco to strengthen its battery supply chain. LG Energy ...

S.Korea to focus on secondary batteries, lunar landing vehicles

The Korean government has decided to develop electric vehicle batteries that can travel more than 600 km on a single charge and lunar landing vehicl...

LG Chem to launch new diabetes combination drug Zemidapa

South Korean chemical company LG Chem Ltd. has announced the release of a new diabetes combination drug, Zemidapa Tab, set to launch on Apr. 8. Th...

Time for South Korea's answer to the US battery subsidy act

The latest guidelines on US subsidies for electric vehicles under the Inflation Reduction Act come as a relief in every sense to South Korean batter...

LG Energy tops global EV battery market excluding China

South Korea's LG Energy Solution Ltd. in January and February maintained its No. 1 position on the global market for electric vehicle (EV) batteries...

LG Electronics' OLED Flex wins top Red Dot Design Award

LG Electronics Inc., said on Sunday that it has won a total of 24 awards at the prestigious "Red Dot Design Award."  Among the accolades, LG El...

LG Display to focus on automotive screens for turnaround

LG Display Co., the world’s top manufacturer of large-size organic light-emitting diode (OLED) panels, is set to focus on the automotive scree...

Hugel names ex-CEO of LG Household & Health Care as chairman

South Korea's biopharmaceutical company Hugel Inc. on Friday said it appointed Cha Suk-yong, former CEO and vice chairman of LG Household & Heal...

CEOs of Samsung, LG group companies buying back their stocks

Leading executives of major South Korean corporations Samsung Electronics Co., LG Energy Solution Ltd. and LG Electronics Inc. are buying back their...

LG Chem breaks ground on supercritical pyrolysis plant

LG Chem Ltd. has broke ground on a plant for pyrolysis and aerogel, a material for next-generation insulation in Seongmun National Industrial Comple...

LG Group Chairman names AI, bio, clean tech as new growth engines

LG Group Chairman Koo Kwang-mo has pledged to continue investing in future-oriented businesses and human resources despite the global economic slowd...

LG Innotek unveils new 5G communication module for self-driving cars

South Korea’s LG Innotek Co. on Wednesday unveiled its second-generation 5G communication module for use in autonomous driving cars.Based on Q...

S.Korea's European patent applications surpass 10,000 in 2022

South Korean companies such as LG Electronics Inc. and Samsung Electronics Co. surpassed a historic milestone by filing over 10,000 patent applica...

Korea's Mirae Asset, SK Telecom tie up for security token ecosystem

Mirae Asset Securities Co. and SK Telecom Co., South Korea’s top brokerage house and mobile carrier, are set to join hands to establish an eco...