Tech giant taps into new business
South Korea’s LG Electronics announced on May 26 that it had started rolling out electric vehicle chargers in line with the global trends of electrifying mobility.
Four models were disclosed, including a 7kW wall-mounted product...
Capability of hyper-scale AI program EXAONE recognized
South Korea’s LG Group announced on March 27 that an advertisement designed by its hyper-scale artificial intelligence program EXAONE had won an award from the Korea Advertising Society (KAS).
The ad titled “newly sprouting...
South Korean conglomerate meets first family feuds
South Korea’s LG Group Chairman Koo Kwang-mo faced an inheritance litigation Friday from his adoptive mother and two sisters. It is the fourth-largest conglomerate in the country.
Chairman Koo received around 75 percent of...
More companies tap into auto industry
South Korean home appliance maker LG Electronics announced on March 9 that it had launched its Vietnamese affiliate to strengthen its automotive parts business.
LG noted that the new subsidiary in Hanoi would be tasked...
Vehicle exteriors are also made of plastics
South Korea’s LG Chem said on Jan. 10 that it had started supplying engineering plastics to Japan’s Mitsubishi Motors for the powder coating parts of the latter’s vehicles.
LG Chem said that the coating...
LG Uplus will offer bonus, vacation to those who vow not to marry
Beginning next year, employees of LG Uplus will be able to get a bonus and a week-long leave if they vow not to marry, according to the...
Lithium carbonate will be supplied to Korean firm for 6 years
LG Energy Solution (LGES) announced on Nov. 11 that it had signed a binding offtake agreement this week on the purchase of battery-grade lithium carbonate with Compass Minerals, a...
Korean chemical giant expands biz horizon
South Korea’s LG Chem announced on Oct. 18 that it would spend $566 million to acquire AVEO Oncology, a biopharmaceutical company based in the United States.
LG Chem noted that its life sciences division would...
Joe Biden’s action urges automakers to build plant in North America
After U.S. President Joe Biden signed legislation earlier this month, electric car manufacturers and battery producers appeared to rush to North America.
LG Energy Solution and Honda Motor announced on...
Korean chemical giant joins hands with ADM of the U.S.
LG Chem, South Korea’s largest chemical company, announced this week that it had signed an agreement with ADM from the United States to cooperate in churning out plant-based bioplastics.
Under the...
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Upbit successfully detects crypto frauds
Korean outfit comes up with advanced anti-fraud system
South Korea’s leading crypto-exchange Upbit announced on Sept. 26 that the outfit had discovered fraudulent exchanges amounting...
