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Samsung unveils upgraded AI-powered OLED TVs
Yong Seok-woo, head of Samsung’s visual display division, presents its latest OLED TV lineup (Courtesy of Samsung Electronics) Samsung Electronics…
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LG Electronics set to debut on Indian stock market in early May
LG Group Chairman Koo Kwang-mo (third from left) inspects the air conditioner production line at its Noida plant, India in…
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Samsung, LG reconsider Vietnam strategies as Trump slaps steeper tariffs
US President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington, D.C. on…
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LG’s global HVAC push takes off with new deal in Singapore
LG’s HVAC system, Multi V. i (Courtesy of LG Electronics) LG Electronics Inc. has landed a deal to supply its…
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LG Electronics restarts home appliance plant in Russia
LG Electronics’ built-in home appliance product line-up LG Electronics Inc. has resumed operations at its home appliance plant in Russia…
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Hankook Tire seeks to evolve beyond tires, auto parts
Park Jongho took over as CEO of Hankook & Company in January 2025 Hankook & Company Co., the holding company…
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LG Group units step up joint marketing for in-vehicle electronics
The interior of a car equipped with LG Electronics’ infotainment systems Chief executives of LG Group’s key units, including LG…
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Magnachip to sell display business in H1 to focus on power semiconductors
Automotove chips (File photo by Magnachip) South Korean chipmaker Magnachip Semiconductor Corp. plans to sell its display business by the…
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LX Pantos acquires logistics center in Atlanta for $120 mn
The logistics center in Dalton, acquired by LX Pantos LX Pantos Co., a lostics arm of LX International Corp., announced…
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LG Group chair visits India ahead of LG Electronics India’s IPO
LG Group Chairman Koo Kwang-mo (third from left) inspects the air conditioner production line in its Noida plant, India in…
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LG Electronics hits record sales in India, paving way for 2025 IPO
LG Electronics CEO Cho Joo-wan (right) at IFA 2024 in Berlin (Courtesy of LG Electronics) LG Electronics Inc. posted its…
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LG Electronics deepens ties with US startup Apex.AI
LG Electronics’ in-cabin sensing solution (Courtesy of LG Electronics) LG Electronic Inc. has invested in Apex.AI, a U.S.-based startup developing…
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LG renames premium built-in appliance brand; Moody’s outlook up
SKS cook zone-free induction Pro Range (Courtesy of LG Electronics) LG Electronics Inc., South Korea’s top appliance maker, has rebranded…
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Microsoft CEO Nadella seeks AI alliance with Hyundai, POSCO, Shinhan, KT
Microsoft CEO Satya Nadella (Courtesy of Microsoft Korea) Microsoft Corp. Chairman and Chief Executive Satya Nadella is seeking to forge…
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Magnachip up for sale again, contacts Samsung, LG, LX
(File photo by Magnachip) South Korean chipmaker Magnachip Semiconductor Corp. has been put on the market for sale again four…
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LG Electronics secures control of Bear Robotics
Bear Robotics’ delivery robots Servi Plus LG Electronics Inc. has secured control of Bear Robotics Inc., a service robot developer,…
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Samsung, LG consider moving electronics plants to US from Mexico
US President Donald Trump speaks after being sworn in as president of the United States at the US Capitol building…
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LG mulls US plant expansion to deal with Trump 2.0 tariffs
LG Electronics’ washing machine and dryer plant in Clarksville, TN (Courtesy of LG Electronics) CLARKSVILLE, TN — South Korea’s appliance…
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LG Electronics bets big on humanoid robots: CEO Cho
AI agent Q9 on display during the LG Electronics media day press conference at CES 2025 (Courtesy of Yonhap) LAS…
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LG Electronics, Microsoft sign strategic partnership on AI agents
LG Electronics CEO Cho Joo-wan announces LG-Microsoft partnership on AI agent development at CES 2025 LAS VEGAS – South Korea’s…
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Former LG man leaves KKR to start PEF
in News
Lim Hyoung-seok, former Vice President of KKR Korea, left the private equity giant’s Seoul office and established his private equity…
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Samsung Electronics brings home heat pump EHS to US HVAC market
in News
Samsung’s home heat pump EHS South Korean tech giant Samsung Electronics Co. is unveiling an AI-powered home heat pump system…
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LG Electronics to retire about $50 mn treasury stock in 2025
in News
Cho 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 News
Neuromeka’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
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LG 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
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(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 News
A 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 News
South Korea’s home appliance giant LG Electronics Inc. announced on Wednesday that it has signed a memorandum of understanding (MOU)…
