"LG"

South Korean lithium-ion battery cell maker LG Energy Solution on Monday unveiled a 730 billion won (US$567 million) plan to expand the production of batteries for electric vehicles, including the next-generation 4680-type cylindrical batteries, which are bigger than the conventional ones.

In his inauguration speech on Tuesday, South Korean President Yoon Suk-yeol reaffirmed he would seek a small government and push for growth and a market economy. And South Korea’s top four chaebols – Samsung, SK, Hyundai Motor and LG – seem ready to fuel the momentum.

LG Energy Solution is seeking to apply the technology in order to address the issues of insufficient charging infrastructure.

LG Display on Monday unveiled four new concepts using its transparent panel solutions to be premiered at its hybrid CES 2022 exhibitions in January.

President Moon Jae-in will meet with leaders of South Korean conglomerates, including Samsung chief Lee Jae-yong, to thank them for their efforts in participating in government-led job creation projects for young people and discuss implementation plans on Monday, Cheong Wa Dae confirmed Sunday.

Apple Korea has launched a trade-in program to attract current users of smartphones made by LG Electronics, industry sources said Friday.

LG Electronics Inc. said Monday it will withdraw from the mobile business after years of money-losing performance amid intensifying competition with bigger rivals.

Samsung Electronics on Thursday announced an earnings surprise for the third quarter of this year, posting the largest operating profit in two years.

The novel coronavirus is disrupting the plants of Korea’s major conglomerates, as new confirmed cases reported one after another involve their employees.

LG Electronics (Thailand) has introduced a 27-inch UltraFineTM 5K Display, which, along with the company’s 24-inch UltraFineTM 4K Display, gives consumers two quality monitors that are designed for the latest Apple products.

South Korea’s LG Electronics on Friday announced record second-quarter and first-half revenues with consolidated sales of 15.63 trillion won (Bt412 billion) and operating profit of 652.3 billion won for the second quarter of 2019.