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Friday, December 9, 2022
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...
Autonomous will adopt next-generation products LG Display has shown off transparent OLED products during the K-Display 2022, which took place between Aug. 10 and Aug. 12 in southern Seoul. The Seoul-based mounted 16 transparent OLED panels into a glass wall where...
Two companies reach long-term supply agreement LG Chem, South Korea’s largest chemical company, announced on July 27 that it had reached an agreement for a long-term supply of cathode active material (CAM) to General Motors. LG Chem is set to offer...
LG faces mixed responses on Korean stock exchange Samsung Electronics saw its share price rise for three consecutive days after it announced its second-quarter performance of double-digit growth in bottom lines. The Seoul-based tech giant said on July 7 that it...
Deep learning used to detect problematic products South Korean mobile carrier LG Uplus announced this week that its artificial intelligence technologies would pinpoint defective products without human intervention. The Seoul-based company noted that it had built a smart factory for Dongjin...
4680 cells will be mass produced later next year South Korea’s LG Energy Solution announced this week that the company planned to build cylindrical battery facilities to churn out the so-called “4680 cells,” which are used by US electric vehicle...
Samsung, Hyundai, SK, LG pledges to hire It seems that South Korea’s large-sized conglomerates promised to disclose their mid-term investment and recruitment plans throughout this week. On May 24, three groups of Samsung, Lotte, and Hanwha disclosed their five-year schemes, respectively,...
Joint venture will invest $2.6 billion to create 1,700 jobs Ultium Cells, the joint venture of LG Energy Solution and General Motors, recently said that it will build the third battery cell plant in the United States, which will start...

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