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...

Samsung Electronics expands B2B online store to Germany

Samsung Electronics Co. announced on Tuesday the opening of a new online store dedicated to small and middle-sized businesses (SMBs) in Germany as p...

Daewoo Shipbuilding, GE Power Conversion to develop smart ship tech

South Korea's Daewoo Shipbuilding & Marine Engineering Co. (DSME) on Tuesday said it signed a memorandum of understanding with the global energy...

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...

Innocean's subsidiary D&G opens Brooklyn office

Innocean, a Hyundai Motor Group-affiliated advertising agency, announced on Monday that it has opened a Brooklyn office of creative subsidiary David...

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...

KB Securities signs MOU with Korea East-West Power, Hikive

KB Securities Co. announced on Thursday that it had entered into a business agreement with Korea East-West Power Co. and Hikive to collaborate on a ...

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...

LG Elec launches LG Whisen Tower II air conditioner

LG Electronics Inc. announced on Tuesday the launch of its latest air conditioner, the LG Whisen Tower II. The product boasts a sleek design that el...

LG Display borrows $772 million from LG Electronics

South Korea's LG Display Co. on Monday said it borrowed 1 trillion won ($772.1 million) from LG Electronics Inc. to “raise the competitiveness...

LG takes lead in nurturing young AI talent by holding AI hackathon

South Korea's LG announced on Sunday that it held the "LG AI Hackathon" for nurturing young artificial intelligence (AI) talent for two days from ...

Korea’s LG Elec, POSCO Future M receive GM supplier awards

South Korea’s LG Electronics Inc. and POSCO Future M said on Sunday that they won annual supplier awards from US top automaker General Motors ...

LG Energy to build $5.6 billion battery complex in Arizona

LG Energy Solution Ltd., the world’s second-largest battery maker, said on Friday it is investing 7.2 trillion won ($5.6 billion) to build a b...

LG Chem supplies RO filters for Chinese lithium extraction project

South Korea's LG Chem Ltd. has supplied reverse osmosis (RO) filters for a project to extract lithium from China's largest salt lake.The company on ...

Korea's LG CNS launches cloud cost optimization service

LG CNS, a South Korean company specializing in digital transformation, announced on Tuesday the launch of its new service called "FinOps" Clinic.Fin...

LG Elec, Bayada strengthen cooperation on home care medical devices

LG Electronics Inc. announced on Tuesday that it had signed a business agreement with Bayada Home Healthcare, a US-based company specializing in hom...

LG Elec to spend over $4 bn on capex in 2023, biggest in a decade

LG Electronics Inc. has decided to go bold to widen the technology gap with its rivals, with its biggest capital expenditure in a decade of more tha...

LG Chairman Koo on the hunt for talent to win future technology war  

LG Group Chairman Koo Kwang-mo is spearheading South Korea’s fourth-largest conglomerate’s search for top R&D talent in science and ...

Korea EV cell makers unveil new products to expand market

South Korea’s electric vehicle battery makers on Wednesday unveiled prototypes of new products, especially lithium iron phosphate (LFP) models...

LG Electronics showcases new products in Dubai

LG Electronics Inc. held a two-day event in Dubai to unveil its latest products and solutions for the Middle East and African markets.The South Kore...