LG green business
Scope
Date
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Automobiles
LG Display receives Bosch top supplier award for vehicle displays
South Korea's display maker LG Display Co. announced on Monday that it has received the "Bosch Global Supplier Award" from Bosch, the world's top au...
Aug 07, 2023 (Gmt+09:00)
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Robotics
LG Uplus announces expansion of robot business from serving to logistics
South Korea’s third-largest mobile carrier, LG Uplus Corp., said on Monday that it will expand its robot business from the existing serving se...
Aug 07, 2023 (Gmt+09:00)
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Batteries
LG Energy Solution tops global EV battery market excluding China in H1
South Korea's LG Energy Solution Ltd. in the first half of this year retained its No. 1 ranking on the global market for electric vehicle (EV) batte...
Aug 07, 2023 (Gmt+09:00)
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ESG
LG 1st in South Korea’s ESG rankings for 2nd year
LG Corp., the holding company of South Korea’s fourth-largest conglomerate LG Group, ranked No. 1 in the country’s environmental, social...
Aug 07, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG, Samsung vie for HVAC lead with green technology
South Korea’s long-time technology archrivals LG Electronics Inc. and Samsung Electronics Co. are upping the ante in the race to lead the grow...
Aug 06, 2023 (Gmt+09:00)
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Advertising & Marketing
Virtual human Lucy to sell Galaxy Z in live commerce
Lotte Home Shopping's virtual human Lucy expands her activities by selling The Galaxy Z Flip 5 and "Z Fold 5" on live commerce, following her attend...
Aug 04, 2023 (Gmt+09:00)
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Batteries
Indonesia vows support for LG-led $9.8 bn battery project
Indonesian Minister of Investment Bahlil Lahadalia on Thursday affirmed its government’s commitment to a $9.8 billion electric vehicle battery...
Aug 04, 2023 (Gmt+09:00)
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Automobiles
LG Uplus to equip Toyota Highlander’s infotainment platform
South Korea's LG Uplus Corp. announced on Friday its strategy to outfit Toyota's Highlander, a seven-seater SUV, with Toyota Connect, powered by t...
Aug 04, 2023 (Gmt+09:00)
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Tech, Media & Telecom
LG Electronics to form $100-million global startup fund
LG Electronics Inc. has committed over $100 million to a startup fund to unearth new technologies in sustainable energy, digital health, artificial ...
Aug 03, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
HD Hyundai to expand LNG tanker conversion biz with orders
HD Hyundai Global Service, the ship retrofit subsidiary of the world’s second-largest shipbuilder HD Hyundai Co., is poised to bag orders to c...
Aug 02, 2023 (Gmt+09:00)
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Tech, Media & Telecom
KT Submarine to rename itself LS Marine Solution
South Korea’s undersea cable company KT Submarine Co. will change its name to LS Marine Solution following its integration into the LS Group. ...
Aug 02, 2023 (Gmt+09:00)
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Batteries
LG developing technology to produce cathode without precursors
LG Chem Ltd. has embarked on a new technology development to produce cathodes without precursors in a bid to slash battery manufacturing costs and m...
Aug 01, 2023 (Gmt+09:00)
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Bio & Pharma
LG Chem to make first domestic 6-in-1 vaccine for infants
South Korea's LG Chem Ltd. will produce the nation's first homegrown six-in-one vaccine for infants, something that the country is entirely reliant ...
Aug 01, 2023 (Gmt+09:00)
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Electronics
LG’s front-load washer selected as best by Consumer Reports
LG Electronics Inc.'s front-load washers have seized the top four spots in the US consumer review conducted by Consumer Reports, earning the title o...
Aug 01, 2023 (Gmt+09:00)
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ESG
LG Energy Solution converts 56% of electricity into renewable energy
South Korea’s lithium-ion battery maker LG Energy Solution Ltd. on Monday released a report containing the company’s environmental, soci...
Aug 01, 2023 (Gmt+09:00)
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Fintech
Naver Pay to enter Chinese payment market in 2023
South Korea's Naver Financial announced plans on Tuesday to bring its simple payment service, Naver Pay, to the Chinese market by the end of this ye...
Aug 01, 2023 (Gmt+09:00)
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Bio & Pharma
IMM PE seeks to sell Korean contract drugmaker at $784 mn
IMM Private Equity has put a South Korean contract drugmaker on the market for up to 1 trillion won ($784 million) in a deal likely to attract major...
Jul 31, 2023 (Gmt+09:00)
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Regulations
Fractional investing to gain traction in Korea with green light from FSC
Come September, South Korean investors will be able to freely and safely buy and sell fractions of artwork and even live cows just as they do with t...
Jul 31, 2023 (Gmt+09:00)
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Food & Beverage
CJ CheilJedang divests Chinese subsidiary Jixiangju for $235 mn
South Korean food giant CJ CheilJedang Corp. announced on Monday that it has completely sold its ownership stake in its Chinese food subsidiary, Jix...
Jul 31, 2023 (Gmt+09:00)
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Leadership & Management
S.Korea's HD Hyundai chairman: We can’t rely on bad profits
Kwon Oh-gap, chairman and co-CEO of South Korea's HD Hyundai Co., has ordered his company not to rely on “bad profits” gained from tempo...
Jul 31, 2023 (Gmt+09:00)
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ESG
LG Electronics reduces 220,000 tons of CO2 emissions in 2022
LG Electronics Inc. reduced its greenhouse gas emissions by 220,000 tons compared to the previous year at both domestic and overseas facilities. The...
Jul 28, 2023 (Gmt+09:00)
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Batteries
Doosan to enter EV sector with battery recycling business
South Korea’s major power plant builder Doosan Enerbility Co. plans to set up a battery recycling subsidiary, targeting the sector expecting r...
Jul 28, 2023 (Gmt+09:00)
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Robotics
KT, LG Elec, Hyundai Elevator join robot-elevator project
A robot freely gets on and off an elevator and moves around a building, doing everything from coffee to parcel delivery and route guidance.This is t...
Jul 28, 2023 (Gmt+09:00)
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Earnings
LG Energy lifts sales guidance; Samsung SDI sees firm growth
South Korean electric vehicle battery maker are offered upbeat market outlooks, gaining structural growth momentum through strong competitiveness wi...
Jul 27, 2023 (Gmt+09:00)
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Hydrogen economy
SK E&S, Plug Power to strengthen hydrogen partnership
South Korea's SK E&S Co. and Plug Power, a global hydrogen solutions provider, have reinforced their commitment to accelerating the developmen...
Jul 27, 2023 (Gmt+09:00)
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Construction
GS E&C faces heavy loss in Q2 due to apartment reconstruction plan
GS Engineering & Construction Co., South Korea’s major construction firm, posted a quarterly operating loss in the April-June period for t...
Jul 26, 2023 (Gmt+09:00)
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Carbon neutrality
LG Chem gets int'l certification in calculation of product carbon footprint
South Korea's LG Chem Ltd. on Tuesday said it received certification for its calculation method for product carbon footprints (PCF) from the global ...
Jul 26, 2023 (Gmt+09:00)
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Electronics
LG unveils new home appliances upgradable like smartphones
LG Electronics Inc. on Tuesday unveiled a new set of home appliances upgradable through apps just like a smartphone as the company aims to transform...
Jul 25, 2023 (Gmt+09:00)
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Batteries
LG Energy Solution expands cobalt supply deal with Canada’s Electra
LG Energy Solution Ltd. has signed a long-term contract to receive additional refined cobalt from Electra Battery Materials Corp. in Canada, in a mo...
Jul 25, 2023 (Gmt+09:00)
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Korean stock market
POSCO affiliates’ shares surge; market cap rises threefold in 5 years
Shares of POSCO Group affiliates are flying high with the steelmaker rapidly transforming into a battery materials manufacturer, riding the industry...
Jul 24, 2023 (Gmt+09:00)
Latest News
- 1 Hyundai, Waymo forge multi-year, strategic partnership for self-driving vehicles
- 2 AI startup MarqVision raises $16.5 mn to close Series A
- 3 Taihan Cable wins $630 mn power grid project in Singapore
- 4 Korean startup scene is gloomy, say 2 out of 5 startup CEOs
- 5 MBK ups stakes for Korea Zinc to match buyback offer