LG Energy
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POSCO Future M to raise $771 million to bolster battery materials business
POSCO Future M’s battery materials plant in Korea POSCO Future M Co., South Korea’s leading battery materials maker, is set…
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Samsung SDI, Hanwha Ocean to usher in battery-driven submarine era
(Courtesy of Hanwha Ocean) Hanwha Ocean Co. and Samsung SDI Co. will start evaluating their jointly developed lithium-ion battery system…
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LG Energy Solution clinches multi-billion-dollar ESS deals in Japan, Europe
A bird’s-eye view of LG Energy Solution’s standalone battery plant in Arizona LG Energy Solution Ltd. has secured a string…
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Hyundai chief Chung, GM CEO Barra to meet in Sept in Detroit
General Motors Chair and Chief Executive Mary Barra (left) and Hyundai Motor Group Executive Chairman Chung Euisun shake hands after…
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South Korean stocks, currency dive amid deeper US tariff turmoil
KB Kookmin Bank dealing room (Courtesy of News1 Korea) The South Korean stock market logged its biggest daily loss of…
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UBS tops Korea’s buyout deal advisory in Q1 thanks to Lotte
(Courtesy of Getty Images) UBS Group AG, the frontrunner in South Korea’s M&A market last year, retained the top position…
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Samsung SDI outpaces LG Energy in 46 mm-diameter battery production
Samsung SDI showcases its lineup of 46 mm-diameter cylindrical batteries at InterBattery 2025 in March Samsung SDI Co. has become…
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Hyundai’s new American dream comes with new plant, more spending
▲ Hyundai Motor Group Metaplant America Celebrates Grand Opening | HMGMA ELLABELL, Georgia – When Hyundai Motor Group honorary chairman…
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LG Energy bags 1-GWh ESS battery deal from Poland’s PGE
(Courtesy of LG Energy Solution) LG Energy Solution Ltd. will supply 1 gigawatt-hour of energy storage system (ESS) batteries to…
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Korea eyes laws akin to US AMPC to offer subsidies for its battery makers
EV battery system platform Ultium, jointly developed by LG and GM South Korea, home to the world’s leading battery makers…
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LG Energy, Doosan Bobcat tie up for construction machinery battery pack
Bobcat S7X, the world’s first all-electric skid-steer loader (File photo by Doonsan Bobcat) LG Energy Solution Ltd., the world’s third-largest…
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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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Samsung SDI to raise $1.4 bn in rights offering for facility expansion
Samsund SDI’s EV battery mockup displayed during the 2025 Interbattery on March 3, 2025 (Courtesy of News1 Korea) Samsung SDI…
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LG Chem unveils precursor-free cathode material for LFP batteries
LG Chem’s booth at InterBattery2025 in COEX Convention & Exhibition Center, Seoul LG Chem Ltd. is set to become the…
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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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Hyundai, Samsung deepen ties to win humanoid race
Dog-like robot Spot, humanoid robot Atlas and Hyundai’s NEXO hydrogen fuel cell car (Courtesy of Hyundai Motor Group) South Korea’s…
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S.Korea’s corporate bond market cools down amid poor earnings
(Courtesy of Yonhap) Investors’ appetite for corporate debts sold by South Korea’s petrochemical, retail and battery companies has waned this…
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LG companies flock to debt, equity markets to raise $2.8 billion
LG headquarters building in Seoul South Korea’s fourth-largest conglomerate LG Group companies scrambled to sell bonds and shares to raise…
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Samsung Biologics shares fly high to rank Korea’s third most valuable stock
Samsung Biologics’ booth at the BIO International Convention 2024 held in San Diego (Courtesy of Yonhap) Samsung Biologics Co., the…
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Hanwha, LG to join hands to take on Tesla with solar energy packages
Hanwha Solutions, the parent of Hanwha Q cells, started mass production of solar panels in the US state of Georgia…
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SK On bags $1.8 billion EV battery deal with Nissan
Loss-making SK On Co., the world’s fifth-largest battery maker, has hit the jackpot with a $1.8 billion deal to supply…
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Korean bonds heavily oversubscribed in January boom
(Courtesy of Getty Images) South Korea’s debt market got off to a strong start this year, with several blue-chip companies…
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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 Energy to supply batteries to US solar EV startup Aptera for 7 years
The Aptera solar EV to be equipped with LG Energy’s cylindrical batteries (Courtesy of LG Energy) LG Energy Solution Ltd.,…
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LG Energy logs 1st quarterly loss in over 3 years, outlook remains gloomy
LG Energy’s cell-to-pack technology for pouch batteries (File photo by LG Energy) LG Energy Solution Ltd. reported its first quarterly…
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LG Energy, Qualcomm to commercialize BMS solution
in NewsSouth Korea’s LG Energy Solution Ltd. said on Monday it partnered with Qualcomm Technologies to commercialize its new system-on-chip (SoC)-based…
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LG Energy wins 7.5GWh ESS project from Excelsior Energy in US
in News
(Courtesy of LG Energy Solution) LG Energy Solution Ltd. has landed a deal with US renewable energy infrastructure fund Excelsior…
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Lotte to supply advanced copper foil to Doosan for Nvidia’s Blackwell
in NewsLotte Energy Materials’ copper foil plant in Iksan, North Jeolla Province Lotte Energy Materials Corp., a leading South Korean battery…
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LG Energy set to acquire GM’s $1 bn stake in Ultium JV plant in Michigan
in News
LG Energy Solution’s lithium-ion polymer batteries South Korea’s LG Energy Solution Ltd. plans to acquire General Motors Co.’s stake in…
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Korean companies’ cash reserves swell to record high
in News(Courtesy of Getty Images) Cash holdings at South Korean companies have soared to their highest-ever level, data showed on Monday.…
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Korean pension funds buy a net $1.2 bn Kospi stocks in November
in NewsNational Pension Service’s Investment Management headquarters in Jeonju, North Jeolla Province South Korean pension funds continued their buying spree on…
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LG Group affiliates unveil value-up plans
in NewsLG Group affiliates— LG Display Co., LG Innotek, LG Chem Ltd., and LG Energy Solution Ltd. —unveiled their ambitious growth…
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LG Chem signs deal to secure 100,000 tons of lithium from ExxonMobil
in News
LG Chem CEO Shin Hak-cheol (right) shakes hands with ExxonMobil Low Carbon Solutions President Dan Ammann after signing an MOU…
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South Korea designates Korea Zinc’s precursor as national core technology
in News
South Korea has designated Korea Zinc Inc.’s precursor manufacturing process as a national core technology and advanced industrial technology, effectively…
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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…
