SK reiterates rejection of LG’s hefty demand for battery dispute settlement
SK Innovation Co. again refused to accept LG Energy Solution Ltd.’s demand that SK pay a hefty amount of compensation for its involvement in a...
Samsung widens lead over rivals with industry’s first advanced DDR5
Samsung Electronics Co. has extended its lead in memory chips over its rivals by unveiling the industry’s first 512 gigabyte DDR5 module based...
LG Chem CEO vows stern action against SK in battery legal dispute
The chief executive of LG Chem Ltd. said on Thursday that the company will sternly deal with SK Innovation Co. in the battery technology trade secre...
Intel’s jump into foundry sets off alarm bells for Samsung, TSMC
Intel Corp.’s announcement on Tuesday that it will significantly expand its advanced chip manufacturing capacity and jump into the foundry bus...
LG strengthens ESG push with committee set-up
LG will create ESG (environment, social and corporate governance) Committee and Internal Trading Committee within the holding company and key affili...
Samsung says to overtake TSMC with efficient, right-time investment
Samsung Electronics Co. will make efficient and right-time investments to achieve economies of scale so that the world's largest memory chipmaker wi...
Samsung replaces Huawei in Canada as SaskTel’s 5G supplier
Samsung Electronics Co. has been selected as the sole vendor to supply 5G network equipment and solutions to Canadian telecom company SaskTel, based...
Samsung to ramp up EUV scanners to take on foundry leader TSMC
In the semiconductor industry, having cutting-edge equipment to produce advanced chips is crucial to chipmakers' survival, particularly foundries th...
Proxy advisers ISS, Glass Lewis urge LG shareholders to reject spin-off plan
Proxy advisers Institutional Shareholder Services Inc. (ISS) and Glass Lewis & Co. have urged shareholders of LG Corp. to vote against the South...
Samsung, SK Hynix at crossroads, challenged by underdogs
South Korea’s leading chipmakers Samsung Electronics Co. and SK Hynix Inc. are at a crossroads, challenged by smaller rivals such as Micron Te...
LG Energy to invest over $4.5 bn to expand US battery facilities
LG Energy Solutions Ltd. announced on Friday that it will invest more than 5 trillion won ($4.5 billion) by 2025 to expand its US battery business, ...
SK Innovation board says no costly settlement with LG
SK Innovation Inc.’s board members on Thursday advised the South Korean electric vehicle battery maker not to pay hefty compensation for a set...
Shares of Samsung, Hynix subdued amid foreign selling spree
Foreign investors, the dominant players on the Korean bourse, are dumping leading chipmakers such Samsung Electronics Co. and SK Hynix Inc., keeping...
LG Energy may build US, Europe plants to supply new batteries to Tesla
LG Energy Solution Ltd. may build an electric vehicle battery plant in the US to supply advanced battery cells to Tesla Inc. for its new models to b...
LG Electronics eyes growth potential in US auto parts market
LG Electronics Inc. is aggressively expanding its automobile components business in the North American market – a move that is expected to hel...
LG Display, Disney promote OLED TV through animated film
South Korea-based display panel maker LG Display Co. and Walt Disney have teamed up to highlight the benefits of OLED TV through Disney's latest ani...
Korean Air raises $2.9 bn in largest-ever share issue by Korean firm
Korean Air Lines Co. has raised 3.32 trillion won ($2.9 billion) from a new share sale as planned in the the largest-ever rights offering by a domes...
LG Energy, GM in talks to build 2nd EV battery plant in Tennessee
South Korea’s LG Energy Solution Ltd. is exploring building a second electric car battery plant in the US with joint venture partner General M...
Hyundai, LG Energy agree to split EV recall costs, reflect in Q4 results
Hyundai Motor Co. and LG Energy Solution Ltd. have agreed on how to split the costs of replacing the electric vehicle batteries made by the LG Group...
US politicians urge review of ITC ruling over LG, SK battery dispute
The trade secret dispute between LG Energy Solution Ltd. and SK Innovation Co. is taking a new turn as US state politicians raise their voices again...
Samsung launches QLED TVs, aims to retain global leadership for 16th year
Samsung Electronics Co., the world’s largest TV maker, has launched new flashy flagship TV models, with which the tech giant aims to retain it...
US hedge fund Whitebox Advisors says to vote against LG’s planned spin-off
US-based hedge fund Whitebox Advisors LLC plans to vote against the proposed spin-off of South Korea’s LG Corp. at the upcoming general meetin...
LG Electronics enters TV content platform market with its webOS software
South Korea’s LG Electronics Inc. is entering the TV content platform market by offering its web-based software to TV makers through a partner...
Korean Air kicks off biggest-ever rights offer to finance Asiana takeover
Korean Air Lines Co. has kicked off its 3.3 trillion won ($3 billion) rights offering, the biggest amount ever by any South Korean company, to help ...
Samsung Elec may advance start of leading-edge foundry line to July
Samsung Electronics Co., a leading global foundry chipmaker, may begin operation of its leading-edge chip fabrication line earlier than scheduled to...
LG Innotek to up capex on camera modules ahead of new iPhone launch
South Korea’s LG Innotek Co., a major camera module supplier for Apple iPhones, will spend 80% of its 2020 operating profit, or 547.8 billion ...
Hyundai Motor, LG Energy team up on EV battery leasing, recycling
The Hyundai Motor Group will lead a government initiative to reduce battery-related environmental problems by collaborating with other companies on ...
Samsung creates big data center under direct CEO control
Samsung Electronics Co. has launched a Big Data Center in a move to improve the use of big data in the development, marketing and sales of smartphon...
Samsung to maintain BOD to stabilize organization
Samsung Electronics Co. has decided to maintain its current board of directors in a move to stabilize the organization that has been in an uproar si...
LG Chem to issue over $1 bn in bonds; largest amount ever
South Korea-based LG Chem Ltd. is set to issue 1.2 trillion won ($1.1 billion) worth of bonds this week, making it the largest won-denominated bond ...
