Chemical giant approaches record high in Korea stock exchange
LG Chem managed to bounce back in the South Korean stock market after struggling a while due to the controversial decision to split off its electric vehicle (EV) battery unit.
Late last...
Chemical giant manages to win shareholders' approval
Despite the opposition of the National Pension Service (NPS), LG Chem managed to win the approval of its shareholders to go ahead with its plan of splitting off its electric car battery unit.
On...
Virus pandemic does not chip away at bottom lines of big firms
Due to the virus pandemic this year, most South Korean companies are struggling to find their feet because consumers are less ready to spend. But not all players...
United States ITC rules in favor of LG over SK
South Korean electric vehicle (EV) battery maker LG Chem practically wins out in the year-long legal battle in the Untied States and here against its crosstown rival SK Innovation.
LG Chem...
SK accuses LG of reneging on 2014 patent deal
SK Innovation renewed its claim that LG Chem reneged on a patent deal between the two rechargeable battery makers, which are stuck in lawsuits in the United States and Korea.
This time...
Korean company grants use of patents for premium refrigerators
LG Electronics is licensing its patented refrigerator door-ice making technology to GE Appliances, which was acquired by Haier in 2016. But it did not disclose specific terms.
The Seoul-based home appliance manufacturer...
LG starts to sell advanced products
LG Electronics announced June 4 that it will launch sales of the world’s first 8K OLED TV, the model 88Z9. Pre-orders for the 88-inch product will start this week in Korea.
The Seoul-based company said...
Korean tech giant hires Darin Graham
LG Electronics strives to beef up its competitiveness in artificial intelligence (AI) through recruiting a globally-renowned expert in the highly-prominent segment.
The Seoul-based company said May 29 that it tapped Darin Graham as the chief...
Home appliance giant rolls out Amazon Alexa support
LG Electronics plans to roll out Amazon Alexa support in a total of 14 countries to its 2019 TV models featuring artificial intelligence (AI) beginning this month.
Included in the countries are Austria,...
Home appliance giant vies to tap into global markets
LG Electronics strives to expand its footing in the global clothing care market by tapping into more than 50 international markets with its advanced dryers this year.
The Seoul-based company said May...
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