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The Korea Herald

LG

March 11, 2024
LG to develop AI model to treat Alzheimer's, cancer

LG Group said Monday that its artificial intelligence research lab is teaming up with US biomedical institution Jackson Laboratory to develop AI models that can be used to treat Alzheimer's disease and cancer. The new partnership comes after the two entities signed a memorandum of understanding in...
March 11, 2024
LG, Qualcomm partner for EV battery monitoring

LG Energy Solution on Sunday announced a partnership with Qualcomm Technologies to develop an intelligent battery monitoring system for electric vehicles, aiming to simplify battery management for EV owners. This collaboration merges LG's expertise in battery management with Qualcomm's Snapdragon ...
March 06, 2024
LG, LS join hands for smart factory leadership

LG Electronics and LS Electric have teamed up to enhance their smart factory leadership and foray into overseas markets together, the companies said Wednesday. Their strategic alliance, formalized through a memorandum of understanding signed Tuesday, aims to leverage the combined technological pro...
March 05, 2024
LG launches battery swap service for e-scooters

LG Energy Solution said Tuesday that KooRoo, its company-in-company operating the battery swapping station business for electric two-wheelers, is kicking off full-scale operations following a successful pilot program. KooRoo's service allows users to easily swap the depleted batteries of electric ...
March 04, 2024
LG Display to issue W1.29tr of shares in renewed OLED push

LG Display confirmed Monday that it is issuing new shares to raise 1.29 trillion won ($970 million) to bolster investments in OLED displays for smartphones and other mobile gadgets while improving its financial stability. The move comes as the display maker has recently recovered from operating lo...
February 27, 2024
Zuckerberg to discuss developing mixed reality headset with LG chief

Mark Zuckerberg, CEO of Meta, formerly Facebook, is expected to meet with LG Electronics CEO Cho Joo-wan to discuss joint development of an advanced mixed reality headset, according to industry sources on Monday. LG Electronics said it is currently arranging a meeting of the two leaders, as Zucker...
February 23, 2024
[KH Explains] Will LG Energy Solution be Tesla's 4680 battery crisis savior?

Four years after Tesla revealed the hyped Cybertruck, its production still lags with 1.9 million orders pending. The bottleneck stems from challenges in mass-producing what are known as 4680 battery cells, which are key to the Cybertruck’s success due to their superior energy density and cost effi...
February 22, 2024
LG Energy Solution, suppliers seek to create sustainable value for clients

South Korea’s top battery maker LG Energy Solution is committed to a management policy focused on sustainable growth with its partner firms, driven by a spirit of cooperation and mutual growth. The company said it aims to bolster the competitiveness of its suppliers, even amid management uncertai...
February 21, 2024
LG Innotek develops new camera module for self-driving cars

LG Innotek said Tuesday it has developed a cutting-edge direct-heating camera module designed for autonomous vehicles, which can quickly remove frost and snow from the lens. The latest module is an optimized version of the Advanced Driver Assistance Systems cameras, equipped with a heater to promo...
August 11, 2020
LG U+ to roll out 5G-powered AR glass service with Nreal

LG U+, a South Korean telecommunications firm, said on August 11 that the company has commercialized the world‘s first 5G-based augmented reality glass solutions. The wearable device named LG U+ Real Glass is supported by smart glasses provided by mixed-reality product developer Nreal and chipm...
June 05, 2020
LG to forego new hires in first half of 2020

LG Group’s major affiliates LG Electronics and LG Display are unlikely to proceed with the first leg of the semiannual recruitment process in the first half of 2020. As of June 5, the two companies have yet to give notice of any hiring plans. Considering the numerous steps that large conglome...
March 09, 2020
LG Chem unlikely to spin off EV battery biz this year

LG Chem, a leading lithium-ion battery supplier, seems unlikely to push ahead with plans to spin off its battery business this year, a news report suggested on March 9. The report said the company’s task force team responsible for the battery spinoff had concluded last week that it would not be...
December 10, 2019
LG launches flagship OLED 8K TV in Japan

LG Electronics said Dec. 10 it has launched its flagship OLED 8K TV in Japan to target consumers ahead of the 2020 Tokyo Summer Olympics. The South Korean tech giant said the LG Signature OLED 88Z9 is available at major electronics retailers in Japan. The 88Z9 boasts 8K resolution with 88 inch...
December 09, 2019
LG International’s JV listed in Oman

LG International said Dec. 9 that its joint venture with Oman Oil has been listed on the Omani stock market. Musandam Power debuted on the Muscat Securities Market last week. LG International said it retains an 18 percent stake in Musandam Power after selling a 12 percent stake worth $6.9 m...
December 08, 2019
LG Chem, GM deal ups ante in EV battery competition

The recent announcement for a joint venture between South Korean battery maker LG Chem and US carmaker General Motors has upped the ante in the global competition to secure lithium-ion batteries for electric vehicles, according to industry sources on Dec.8. The 2.7 trillion won ($2.3 billion) join...

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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
Publisher. Editor : Choi Jin-Young |Chief Privacy Officer & Juvenile Protection Manager : Choi He-suk |T +82-2-727-0021 |E investor@heraldcorp.com

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