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16 LG products recognized for design excellence A jury panel comprising 67 design experts have agonized over 6,375 products over the past weeks to decide 66 best ones, which will receive the iF Gold Award. Among the 66 accolades, Korea’s LG...
Vice Chairman Koo Bon-sung gets suspended jail term for road rage accident From the perspective of Ourhome Vice Chairman Koo Bon-sung, this week couldn’t be worse _ After getting a suspended jail term, he was expelled from the company leadership...
Two flagship products stand out LG Electronics has won Red Dot awards for 29 products, the Seoul-based info-tech giant said on March 27. LG noted that its SIGNATURE OLED TV R and SIGNATURE bottom-freezer refrigerator got best of the best awards. Red...
LG Electronics racks up outstanding turnover in Q3 Samsung Electronics announced this week that its third-quarter sales amounted to 73.98 trillion won ($63 billion), up 10 percent from a year before. The tech giant’s operating profit stood at 15.82 trillion won...
SK Innovation to face a 10-year export ban to US SK Innovation, Korea’s rechargeable battery giant, will face a 10-year export ban for some of its lithium-ion battery products to the United States based on the decision of a U.S....
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...
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 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...
Record initial public offering scheduled for Jan. 27 As far as the initial public offering (IPO) is concerned, LG Energy Solution is shattering the country’s records in convincing fashions throughout this month. The Seoul-headquartered company drew up to $97 billion in...

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Hyundai-to-invest-$10.5-billion-in-US

Hyundai to invest $10.5 billion in US

Chairman Chung raises investment amount after meeting with President Biden After meeting with U.S. President Joe Biden, Hyundai Motor Chairman Chung Eui-sun announced on May...

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