LG Chem C
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Artificial intelligence
LG unveils multimodal ‘supergiant AI’ with unprecedented parameters
LG Corp.'s artificial intelligence research institute unveiled what it dubs a “supergiant AI” on Tuesday.The big reveal was for EXAONE, ...
Dec 14, 2021 (Gmt+09:00)
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IPOs
Will LG Energy’s IPO overcharge?
The world’s second-largest electric-vehicle battery maker, LG Chem-owned LG Energy, is hoping a separate listing will give the ...
Dec 14, 2021 (Gmt+09:00)
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Automobiles
LG Elec expands global auto electronics market share
South Korea’s LG Electronics Inc. is raising its market share in the global automotive electronics industry with the company’s audio, vi...
Dec 13, 2021 (Gmt+09:00)
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IPOs
LG Energy unveils IPO price band for Korea’s largest listing
South Korea’s LG Energy Solution Ltd. has set an initial public offering price band for the largest-ever initial listing in the country next...
Dec 07, 2021 (Gmt+09:00)
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Economy
S.Korea's Oct c/a surplus down 40% on oil price rises
South Korea's current account surplus in October narrowed by 40% from a year earlier, with the rapid rise in crude oil and raw material prices offse...
Dec 07, 2021 (Gmt+09:00)
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IPOs
KRX approves preliminary review of LG Energy IPO
The Korea Exchange (KRX) on Nov. 30 approved a preliminary review of LG Energy Solution Ltd.’s listing, paving the way for one of the largest-...
Nov 30, 2021 (Gmt+09:00)
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Electric vehicles
IONIQ 7 to beome home on wheels with LG appliances
Hyundai Motor Co.’s IONIQ 7, its new all-electric sport utility vehicle to be launched in 2024, will be equipped with the home appliances of L...
Nov 29, 2021 (Gmt+09:00)
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Batteries
LG Energy to secure $1.36 bn to raise US battery output
LG Energy Solution Ltd. is set to secure $1.36 billion to expand US battery output capacity, joining the fundraising race among South Korean battery...
Nov 26, 2021 (Gmt+09:00)
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Tech, Media & Telecom
LG Electronics names strategy chief as new CEO
South Korea's LG Electronics Inc. on Thursday appointed its strategy chief Cho Joo-wan as the company's new chief executive officer, in a major resh...
Nov 26, 2021 (Gmt+09:00)
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Carbon neutrality
Hyundai E&C teams up with US Holtec on SMR business
South Korea’s builder Hyundai Engineering & Construction Co. (Hyundai E&C). is set to join the small modular reactor (SMR) business in...
Nov 25, 2021 (Gmt+09:00)
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IPOs
LG Energy to list end-January with enterprise value up to $67 billion
LG Energy Solution Ltd. will list its shares on the main bourse around the end of January, valuing the top South Korean battery maker between 70 tri...
Nov 23, 2021 (Gmt+09:00)
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Korean games
LG Elec brings GeForce Now games to smart TVs
LG Electronics Inc., the global home appliance giant, will now enable gamers to enjoy Nvidia Corp.’s game streaming service GeForce Now on the...
Nov 21, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Doosan sells E&C, closer to exiting self-rescue program
South Korea's Doosan Group on Friday inked an agreement to sell a majority stake in Doosan Engineering & Construction Co. (Doosan E&C) to a ...
Nov 19, 2021 (Gmt+09:00)
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Carbon neutrality
LG Chem, GS Caltex to produce biodegradable plastic material
South Korea’s top petrochemical maker LG Chem Ltd. and the No. 2 refiner GS Caltex Corp. have agreed to jointly produce a biodegradable plasti...
Nov 19, 2021 (Gmt+09:00)
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Energy
Hyundai Oilbank to make naphtha from plastic waste
Hyundai Oilbank Co. is set to produce naphtha by injecting plastic waste pyrolysis oil into the process of refining crude oil, poised to become the ...
Nov 18, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Glenwood to join GS' acquisition of S&I E&C
South Korea’s construction conglomerate GS Engineering & Construction Co. said on November 17 that it has selected Korean private equity...
Nov 18, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Doosan near completing self-rescue plan with E&C sale
South Korea's Doosan Group is near finalizing a deal to sell Doosan Engineering & Construction Co. (Doosan E&C) to a consortium led by Seoul...
Nov 12, 2021 (Gmt+09:00)
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Batteries
POSCO Chem's rise from brickworks to EV materials leader
POHANG, South Korea - When POSCO Chemical Co., better known as a refractory brick manufacturer until the early 1990s, announced its entry into the a...
Nov 11, 2021 (Gmt+09:00)
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Electronics
LG to expand medical equipment business with pain-relieving device
LG Electronics Inc. is expanding its business scope to the medical equipment sector with a plan to unveil a pain-relieving device in an effort to ga...
Nov 10, 2021 (Gmt+09:00)
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Batteries
LG Energy Solution to supply batteries to US fuel cell truck maker Nikola
LG Energy Solution Ltd., a leading South Korean battery maker, has signed a deal to supply batteries to Nikola Corp., a US hydrogen fuel cell electr...
Nov 05, 2021 (Gmt+09:00)
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Shareholder activism
SK Chem says no immediate plan to sell SK Bioscience stake
SK Chemicals Co., the top shareholder of South Korea's SK Bioscience Co., is not considering reducing its stake in the vaccine maker in the immediat...
Nov 02, 2021 (Gmt+09:00)
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Business & Politics
LG, CJ join other Korean firms to run offices in Washington
WASHINGTON D.C. – South Korea’s major business conglomerates are heading to Washington D.C. to run offices handling regulatory and gover...
Nov 01, 2021 (Gmt+09:00)
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Electronics
LG overtakes Whirlpool as top home appliance maker after strong Q3
LG Electronics Inc. has overtaken bigger home appliance rival Whirlpool Corp. after posting record quarterly sales, comfortably putting it on course...
Oct 29, 2021 (Gmt+09:00)
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Batteries
LG Chem to set up separator JV in Hungary with Toray of Japan
LG Chem Ltd., South Korea’s top chemical maker, has agreed to set up a joint venture with Japan’s Toray Industries Inc. for the producti...
Oct 27, 2021 (Gmt+09:00)
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Batteries
POSCO Chem to supply materials to Morrow Batteries
South Korea’s POSCO Chemical Co. agreed to provide materials to Morrow Batteries, a Norwegian electric vehicle battery maker, in a move to tap...
Oct 26, 2021 (Gmt+09:00)
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Batteries
LG Group's No. 2 exec Kwon to head EV battery unit
Kwon Young-soo, the No. 2 leader of South Korea's LG Group, will be appointed as the chief executive officer of LG Energy Solution Ltd. next month, ...
Oct 25, 2021 (Gmt+09:00)
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EV Batteries
Tesla’s shift to LFP cells to shake global battery industry
Tesla Inc.’s shift to less expensive batteries for its electric vehicles is expected to shake the global battery industry.The world’s to...
Oct 22, 2021 (Gmt+09:00)
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Earnings
POSCO Chem Q3 profit surges as battery materials lift sales to fresh high
South Korea’s POSCO Chemical Co. enjoyed a surge in operating profit in the third quarter as higher sales of battery materials ramped up reven...
Oct 21, 2021 (Gmt+09:00)
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Batteries
LG Energy, Stellantis to launch $3.4 billion EV battery JV in US
South Korea’s LG Energy Solution Ltd. and multinational automaker Stellantis N.V. are launching a 4 trillion won ($3.4 billion) joint venture ...
Oct 18, 2021 (Gmt+09:00)
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Electronics
LG Electronics brings gardening indoors with plant cultivator Tiiun
LG Electronics Inc. is bringing gardening indoors by unveiling a plant growing appliance, which allows consumers to grow flowers, vegetables and her...
Oct 14, 2021 (Gmt+09:00)
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Latest News
- 1 LG ramps up European HVAC sales with new Therma V model
- 2 SK Earthon wins Australian CCS exploration permit
- 3 HD Hyundai secures Korea's hydrogen generator project
- 4 SGC E&C secures $189 mn petrochem facility project in Saudi Arabia
- 5 Hyundai Elevator joins forces with Kakao Mobility for integration services