LG Electronics
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LG links up with Chinese rivals for budget appliance supremacy
LG Electronics’ headquarters building (Courtesy of LG) LG Electronics Inc. has turned its rivals into allies in an unlikely pact…
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LG Electronics’ Q2 profit halves as US tariffs bite
LG Group’s headquarters in Yeouido, Seoul Earnings at LG Electronics Inc. nearly halved in the second quarter after Trump administration’s…
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LG Group executives to meet with Honda CEO to explore partnership
The interior of a car equipped with LG’s infotainment system LG Group is accelerating its efforts to build a partnership…
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Samsung Electro-Mechanics’ plan to build plant in Mexico shelved amid Trump tariffs
Samsung Electro-Mechanics’ high-voltage automotive MLCCs for EV battery management systems Samsung Electro-Mechanics Co., a leading South Korean electronics parts maker,…
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LG Electronics acquires Norway’s OSO in bold HVAC expansion
(Courtesy of LG Electronics) LG Electronics Inc., South Korea’s leading electronics company, is doubling down on its bid to lead…
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Xiaomi to open first offline store in S.Korea with premium products
Xiaomi’s flagship premium Xiaomi Ultra 15 smartphone, featuring Leica carmera lenses (Courtesy of News1 Korea) Xiaomi Inc., a Chinese technology…
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LG to drive future growth in emerging markets with battery prowess
LG Group Chairman Koo Kwang-mo tours LG Electronics’ plant in Noida, India in February (Courtesy of LG) LG Group, South…
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LG Display to invest $500 mn to boost smaller OLED output
LG Display’s exhibition booth at SID 2025, the world’s largest display industry trade show LG Display Co., the world’s No.…
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LG Electronics poised to extend OLED TV market lead into 2025
LG OLED TV (Courtesy of LG Electronics) LG Electronics Inc. is on track to retain its lead in the organic…
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Samsung bets on data center HVAC with $1.7 bn FläktGroup acquisition
In 2024, Samsung reportedly vied for the HVAC operations of Johnson Controls International Samsung Electronics Co. on Wednesday announced the…
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LG, Samsung in bout for crown in wheeled TV market
LG StandbyME (Courtesy of LG) A TV mounted on a rollable stand has emerged as a new battleground between South…
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LG Electronics to spend $600 mn to build 3rd home appliance plant in India
A rendered image of LG Electronics’ envisioned new home appliance plant in Sri City, India (Courtesy of LG) South Korea’s…
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LG Chem to sell water filter business to Glenwood PE for $692 million
An LG Chem researcher South Korea’s LG Chem Ltd. has agreed to sell its water filter business – the world’s…
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LG Electronics eyes India IPO delay, says plan in flux
LG Electronics India’s call center staff consultants (Courtesy of LG Electronics) LG Electronics Inc. is mulling putting off an initial…
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LG Display eyes turnaround on OLED shift in China
LG Display Co., the world’s top large-sized organic light-emitting diode (OLED) panel maker, will likely swing to profit this year…
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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…
