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The Korea Herald

LG

October 13, 2024
LG Innotek expands global talent hunt

LG Innotek Chief Executive Officer Moon Hyuk-soo is stepping up efforts to recruit top talent from around the globe with the goal of boosting the company's competitive edge in the global market, where it makes the vast majority of its sales, the company said Sunday. Moon recently traveled to the U...
October 08, 2024
LG posts record sales in Q3; profits down on rising costs

LG Electronics on Tuesday expected its third-quarter sales to reach an all-time high of 22.17 trillion won ($16.5 billion), outpacing an earlier market consensus of 21.77 trillion won. But its operating profits during the same period were estimated to have plunged nearly 21 percent to 751.1 billio...
October 04, 2024
LG Display to swing back to profit next year: Analysts

South Korean display maker LG Display is expected to emerge from the red next year as the company speeds up efforts to reorganize its business structure to focus on high-value-added organic light-emitting diode panels, market analysts said Thursday. LG Display has been experiencing consecutive yea...
September 27, 2024
LG chairman urges to “aim higher” at CEO workshop

LG Group Chairman Koo Kwang-mo convened a strategy meeting Wednesday to discuss mid- to long-term management directions with some 40 top executives at LG companies. The meeting, held at LG Inwhawon in Icheon, Gyeonggi Province, began with a discussion on strategies to navigate and respond to the r...
September 25, 2024
LG Innotek develops AI-powered materials monitoring system

LG Innotek said Wednesday that it has developed the industry’s first artificial intelligence that detects defective raw materials for its chip substrates. The new system, combining AI-based material information and image processing technologies, has already been adopted for the company’s product...
September 19, 2024
Korean battery makers zero in on global commercial EV market

LG Energy Solution, which is taking part in IAA Transportation for the first time this year, is premiering its next-generation battery -- a pouch-style high-voltage mid-nickel Cell-to-Pack, or CTP, product -- at the event. LG Energy Solution underlined that the new CTP battery features enhanced sa...
September 09, 2024
[2024 IFA] LG Electronics CEO committed to elevating corporate value

BERLIN -- LG Electronics CEO Cho Joo-wan promised to actively engage with global investors as part of the company’s value-up drive. “LG Electronics is committed to enhancing its corporate value these days,” Cho said during a meeting with a group of Korean reporters held on the sidelines of the ...
September 08, 2024
[2024 IFA] LG AI Home envisions zero-labor home

BERLIN -- LG Electronics has announced a brand new era for the company by introducing its artificial intelligence home hub, featuring what it calls "affectionate intelligence," at this year’s IFA trade show that kicked off Friday in Berlin. “We are thrilled to announce the launch of LG AI Home, ...
September 04, 2024
LG Innotek to showcase next-gen chip substrates at KPCA 2024

LG Innotek said Wednesday it is showcasing its innovative semiconductor substrates at this week's KPCA Show 2024, held at the Songdo Convensia in Incheon, from Wednesday to Friday. The KPCA Show is the largest annual exhibition of printed circuit board and electronic packaging, hosted by the Korea...
September 02, 2024
LG Electronics eyes IPO in India to spur growth

LG Electronics is mulling a stock debut in India, a burgeoning market where the Korean tech giant has made efforts to secure a firmer footing for almost two decades. In a recent interview with Bloomberg Television, LG Electronics CEO Cho Joo-wan hinted at the possibility of an initial public offer...
September 01, 2024
LG Electronics sets up consortium for heat pump technology in China

LG Electronics said Sunday it has established a consortium in China to accelerate the development of the core technologies for next-generation heat pumps, adding to its research hubs in North America and Europe. Under the collaboration agreement, LG will be working with leading heating, ventilatio...
August 30, 2024
LG Display starts production of advanced OLED displays for gaming

LG Display said Thursday it has kicked off mass production of its 27-inch 480Hz Quad HD gaming OLED panel that boasts the industry’s highest refresh rate and fastest response time, targeting the high-end gaming market. The new panel is made to show the best performance in key criteria for gaming ...
August 28, 2024
LG Innotek seeks leadership in parts for future mobility

LG Innotek said Wednesday that it has applied for some 3,500 patents related to automotive parts over the past five years, seeking leadership in the field of futuristic mobility. Almost 40 percent of the patents are for electric vehicles, one of the company’s new growth drivers. They cover divers...
August 27, 2024
LG CNS to nurture DX talent in partnership with SNU

Korean IT service provider LG CNS said Tuesday the company has signed a memorandum of understanding with Seoul National University to nurture tech talents specialized in digital transformation or DX. Under the partnership, LG CNS will set up new talent training programs for SNU's master course in ...
August 21, 2024
LG Energy Solution to expand battery safety software business

LG Energy Solution said Wednesday it is expanding its battery safety diagnostic software business in response to the rising demand from electric vehicle manufacturers for more advanced safety measures. "With the recent EV fires, automakers are under pressure to enhance battery safety, but developi...

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Herald Corporation |CEO : Choi Jin-Young |Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea |Title : The Investor |Date of registration : 2016.06.21 |Date of issue : 2016.06.21
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