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The Korea Herald

LG

July 05, 2024
LG Electronics ups Q2 earnings guidance on robust sales

LG Electronics said Friday it expected its second-quarter earnings to climb more than 60 percent from a year earlier on robust sales of its main home appliance products and balanced qualitative growth of its business-to-business sector. LG estimated that its operating profit for the April-June per...
June 24, 2024
LG Innotek eyes W2tr in automotive sensor sales by 2030

LG Innotek on Monday set an ambitious goal of achieving 2 trillion won ($1.44 billion) in automotive sensor sales by 2030. The company said it will speed up efforts to adopt its cutting-edge optical technology to diverse future mobility and automotive sensing solutions. Its strategic focus will b...
June 19, 2024
LG, ChargePoint join forces for EV charging biz

LG Electronics said Wednesday it has teamed up with ChargePoint, a leading provider of networked charging solutions for electric vehicles, to leverage their respective strengths for future innovations in EV charging. The two sides recently signed a memorandum of understanding for commercial EV cha...
June 07, 2024
LG Electronics introduces AlphaWare at US auto tech show

LG Electronics introduced AlphaWare, its suite of software solutions for software-defined vehicles, at AutoTech: Detroit 2024, revamping its commitment to expanding business in the automotive market. According to the tech giant on Thursday, it joined the global automotive tech show for the first t...
June 05, 2024
LG CNS debuts new ERP solution at SAP conference

LG CNS said Wednesday that it debuted its new enterprise resource planning solution at the SAP Sapphire 2024 trade show, which kicked off in Orlando, Florida, Monday. PerfecTwin ERP Edition is an automated testing solution based on actual transaction data. It is specifically tailored for SAP’s en...
May 23, 2024
LG, UNESCO to develop online education course on AI ethics

LG AI Research, LG Group’s artificial intelligence think tank, said Wednesday that it has inked a strategic partnership with UNESCO to develop an education course on AI ethics. The partnership, signed on the sidelines of this week’s AI Seoul Summit, LG and UNCESO agreed to convene an advisory gr...
May 20, 2024
XR partnership between LG, Meta falls through

The partnership between LG Electronics and Meta for developing an extended reality device has fallen through, as their joint work turned out to be “less-than-anticipated,” according to industry sources Monday. LG Electronics is still expected to launch its XR device next year as planned, and wil...
May 16, 2024
LG Electronics strengthens medical robot services

LG Electronics joined hands Hanllym University Sacred Heart Hospital as part of its effort to strengthen medical robot services with its “affectionate intelligence” robot, Cloi, the company said on Wednesday. In an agreement, LG and the hospital agreed to collaborate to discover various scenario...
May 13, 2024
LG Innotek to spur growth in automotive lighting

LG Innotek on Monday renewed its commitment to nurturing the automotive lighting business as its key growth driver. This year marks the 10th anniversary of the commercialization of Nexlide, the parts maker’s flexible three-dimensional lighting brand for vehicles. The module-based lighting product...
May 13, 2024
LG Electronics CEO offers to pay $1m salary to top AI talents

LG Electronics Chief Executive Officer Cho Joo-wan traveled to the US to meet with big tech counterparts and discuss collaboration in artificial intelligence, as well as to secure AI talents, the company said Sunday. Hosting a tech conference in Cupertino, California on Saturday, Cho underscored t...
May 09, 2024
LG Display starts sell-off talks for China plant

LG Display has started talks to sell off its last liquid crystal display manufacturing plant in China in an apparent move to focus on consolidating its leadership in the more advanced organic light-emitting diode display market. According to industry sources on Thursday, LG Display is discussing t...
May 07, 2024
LG CNS hosts contest for math optimization talents

LG CNS said Tuesday it will host a contest that targets talented individuals in the field of mathematical optimization for bundle deliveries. Co-organized with the Korean Institute of Industrial Engineers, Optimization Grand Challenge 2024 aims to nurture exceptional talents in mathematical optimi...
April 24, 2024
LG Energy Solution vows stern action to protect patent rights

LG Energy Solution announced new stringent policies Wednesday to address rampant patent infringements by what it describes as "patent free-riders." The nation's top battery maker plans to enforce its intellectual property through legal actions and promote equitable competition by contributing to a...
April 23, 2024
LG CNS wins Google Cloud partner awards for second year

South Korean IT solutions provider LG CNS said Tuesday it has been named as the services partner of the year for the second consecutive year at the 2024 Google Cloud Partner Awards. The annual awards recognize the standout performance of both global and regional companies across 14 categories, inc...
April 22, 2024
LG Innotek earns Edison silver for mobile zoom camera

LG Innotek has clinched a silver Edison Award for its ultra-thin optical telephoto zoom camera module for smartphones, marking its second consecutive Edison win, the company said Sunday. The module, which allows for 3x to 5x magnification, brings what the company describes as near-DSLR-quality opt...

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EDITOR'S PICKS

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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