LG Electronics
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LG Electronics to retire about $50 mn treasury stock in 2025
in NewsCho Joo-wan will stay on as CEO in 2025 after LG Group’s year-end reshuffle LG Electronics Inc. will retire 761,000…
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Korean paper makers to file anti-dumping complaint vs Japanese rivals
in NewsKraft liner board made by Korean companies (left), Japanese liner board (center), Japanese liner board made three years ago (right)…
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Google unveils Android XR platform to launch first on Samsung headset
in NewsA headset running on Android XR being developed by Samsung Electronics (Courtesy of Samsung) SILICON VALLEY/SEOUL — Global tech giant…
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LG CNS to use IPO proceeds to buy foreign IT firm
in NewsLG CNS headquarters building in Seoul (Courtesy of LG CNS) LG CNS Co., the information technology service unit of South…
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LG Electronics embarks on Indian arm’s $1.8 bn IPO
in NewsLG Electronics CEO Cho Joo-wan LG Electronics India Pvt., wholly owned by LG Electronics Inc., has embarked on the process…
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Harman to lead Samsung’s automotive solution business
in NewsHarman Automotive extends its partnership with Scuderia Ferrari in February 2024 (Courtesy of Harman) Samsung Electronics Co. will enhance cooperation…
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POSCO to buy Korean robotics firm stake for steel business
in NewsNeuromeka’s collaborative robot welding solution (File photo by Neuromeka) South Korea’s steel-to-battery materials conglomerate POSCO Group will invest in the…
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LG Group carries out modest management reshuffle
in NewsCho Joo-wan took over as LG Electronics’ CEO in December 2021 Cho Joo-wan will continue to lead LG Electronics Inc.…
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LG Electronics rises to global prominence in HVAC segment, ranks fifth
in NewsLG Electronics’ air conditioning system LG Electronics Inc., a leading South Korean home appliance maker, has emerged as one of…
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Glenwood buys three waste management firms for about $190 mn
in NewsGlenwood Private Equity on Tuesday signed an agreement to buy three waste management companies from a small-sized South Korean business…
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LG Energy to supply 2170-type cylindrical battery cells to Bear Robotics
in NewsLG Energy Solution signs an MOU with Bear Robotics to Become the robotis maker’s exclusive supplier of cylindrical battery cells…
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Salesforce outage disrupts businesses across Asia Pacific
in News(Courtesy of Getty Images) Salesforce Inc., the world’s top customer relationship management (CRM) platform, is grappling with a major service…
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LG to expand appliance subscriptions to India to speed up leasing business
in NewsA customer checks a refrigerator at an LG Electronics store in India (File photo by LG) LG Electronics Inc., the…
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LG Electronics to conduct safety training using VR
in NewsSouth Korea’s home appliance giant LG Electronics Inc. announced on Wednesday that it has signed a memorandum of understanding (MOU)…
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LG Electronics, Tenstorrent in strategic tie-up for AI chip advancement
in NewsLG Electronics CEO Cho Joo-wan (left) shakes hands with Jim Keller, CEO of US AI chip startup Tenstorrent, at the…
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LG Display develops industry’s most flexible display
in NewsLG Display’s stretchable display (Courtesy of LG Display) LG Display Co., South Korea’s leading display maker under LG Electronics Inc.,…
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LG Electronics accelerates foray into private 5G service
in NewsAutomated guided vehicles (AGVs) run on LG Electronics’ private 5G network (Courtesy of LG Electronics) LG Electronics Inc.’s push to…
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LG unveils AI-powered commercial washers, dryers in renewed B2B push
in NewsLG showcases a new lineup of AI-powered large commercial washers and dryers at Texcare International 2024 in Frankfurt, Germany South…
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Korean chipmakers, battery makers face new risks with Trump’s comeback
in NewsRepublican presidential nominee former President Donald Trump at an election night watch party on Nov. 6, 2024, in West Palm…
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LG Electronics to venture into food waste disposer market
in NewsA food waste disposer LG Electronics is set to launch in 2025 LG Electronics Inc., the world’s largest home appliance…
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Samsung’s AI-powered robot vacuum cleaner takes on China’s Roborock
in NewsSamsung’s robot vacuum cleaner, the Bespoke AI Steam South Korean tech giant Samsung Electronics Co.’s AI-powered robot vacuum cleaners are rapidly…
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LG Elec launches modular home Smart Cottage
in NewsLG Electronics Inc. said on Wednesday it started selling its LG Smart Cottage, a compact, prefabricated modular home that utilizes…
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Indian stock market gears up for leap: NSE CEO
in NewsNSE CEO Ashish Chauhan speaks during an interview with The Korea Economic Daily in Mumbai on Oct. 22, 2024 India’s…
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11Street to host grand shopping festival in November
in NewsSouth Korea’s e-commerce platform 11Street Co. will hold its annual Grand 11 shopping festival from November 1 to 11. Since…
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LG Electronics logs highest-ever Q3 revenue
in NewsLG Electronics Inc. posted its highest-ever sales in the third quarter this year because of the updated home appliances business…
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South Korean VCs in search of better returns abroad
in News(Courtesy of Getty Images) South Korean venture capitalists’ appetite for foreign entrepreneurs shows no sign of waning as they continue…
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LG Electronics unveils value-up plans; begins Indian arm IPO process
in NewsPark Hyoung-sei, head of LG Electronics’ home entertainment division, speaks at the company’s webOS Summit 2024 in Incheon, South Korea,…
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LG Elec builds EV chargers safety net for fire prevention
in NewsLG Electronics 7 kW slow charger (EVW007SM-SK) equipped with fire prevention technology LG Electronics Inc. equipped its slow electric vehicle…
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LG 2024 OLED TVs named as best TV in US
in NewsLG Electronic OLED evo (Courtesy of LG Electronics) LG Electronics Inc. ‘s 2024 organic light-emitting diode (OLED) TVs were named…
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LG Electronics releases World Food Day campaign
in NewsLG Electronics Inc. said on Tuesday that it will display World Food Day on outdoor billboards in Times Square, New…
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LG Elec to advance in-cabin sensing solution
in NewsLG Electronics Inc. said on Monday it’s advancing its in-cabin sensing solution which detects and analyzes the interior of vehicles…
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Korea’s Dongkuk develops world’s first biodegradable film for steel plates
Dongkuk Coated Metal’s biodegradable film for color-coated steel sheets (Courtesy of Dongkuk CM) Dongkuk Coated Metal Co. (Dongkuk CM), the…
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Samsung retains No. 5, Hyundai climbs to No. 30 global brand
Samsung booth at the EuroCuchina 2024 (Courtesy of Samsung Electronics) Samsung Electronics Co., South Korea’s most valuable company in terms…
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LG Electronics doubles down on B2B business
LG MAGNIT Micro LED display (Courtesy of LG Electronics) LG Electronics Inc., a leading South Korean home appliance maker seeking…
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LG Elec named Lowe’s 2024 vendor partner of year
LG Electronics Inc. said on Wednesday that it was named Lowe’s 2024 Vendor Partners of the Year. Lowe’s operates over…
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LG Elec tops US sustainable brand rankings for HVAC, appliances
LG Electronics Inc. said on Wednesday it was named the most sustainable brand in the US for its heating, ventilation,…