Thursday 23 November 2023
LG Innotek's Gumi plant powers up as ABF substrates hub amid AI surge
In a bid to ride the wave of AI, LG Innotek is set to continue enhancing its ABF substrate technology and capacity. The South Korean firm's Gumi factory, once a camera module production...
Thursday 26 October 2023
LG Display shrinks losses, expects return to profit in 4Q
LG Display announced its financial results for the third quarter of 2023, reporting sales reaching KRW4.78 trillion (US$3.54 billion) and a smaller operating loss of KRW 662.1 billion...
Thursday 26 October 2023
Samsung and LG's OLED dominance under threat as Chinese rivals close in
Samsung Display and LG Display have either exited or are exiting LCD manufacturing, yielding the market to China-based competitors. It remains uncertain whether the South Korea-based...
Friday 20 October 2023
LGD double LCD shares for Samsung and LG, falters in Apple's iPhone 15 OLED procurement
Samsung Electronics and LG Electronics are expected to raise their panel procurement from LG Display (LGD) in 2024 with the share of their combined procurement from the Korean panel...
Wednesday 4 October 2023
LG breaks new ground with over 500-meter 6G data transmission in urban areas
LG Electronics has achieved a significant breakthrough in 6G communication research, achieving the industry's highest standard for wireless data transmission distance at 60 terahertz...
Monday 25 September 2023
LG Chem, Huayou Group to produce LFP cathode material in Morocco
LG Chem announced on September 24 that it will enter the LFP cathode material market with China-based partner Huayou Group. The pair aims to build a plant and produce the material...
Tuesday 12 September 2023
Battery maker LG eyes US market to lift energy storage sales
South Korean battery maker LG Energy Solution Ltd. is considering an expansion of its production in the US in a bid to triple sales from energy storage systems, according to a senior...
Monday 11 September 2023
European workers not as diligent as Koreans, LG Energy says
South Korean battery maker LG Energy Solution Ltd. is struggling to ramp up production at its plant in Poland, partly because of the attitude of local workers, its chief technology...
Monday 11 September 2023
China's ban on foreign handsets mainly aimed at iPhones, but may also hit Samsung, LG
While Apple is about to launch its iPhone 15 series, the Chinese government reportedly has ordered civil servants to stop using overseas brand mobile phones. The directive, in addition...
Monday 11 September 2023
Samsung to equip all home appliance products with NPUs in 2024
Samsung Electronics regards artificial intelligence (AI) as a key innovation for next-generation home appliances, and starting from 2024, the company plans to equip all its new home...
Friday 8 September 2023
New Chinese TV products take over IFA; Samsung and LG hold firm and embrace "future home"
Chinese TV makers like TCL and Hisense showcased several new ultra-large Micro LED and Mini LED TV products at IFA Berlin 2023. It appears that they are setting Samsung Electronics...
Tuesday 5 September 2023
LG Magna e-Powertrain to build first European production facility in Hungary
LG Magna e-Powertrain, a joint venture between LG Electronics and tier-1 automotive supplier Magna International, announced on September 4 that it will build a new production facility...
Monday 4 September 2023
Competition in high-end TV market heats up as China joins the fray
As China's TV market share continues to rise, it has intensified its targeting of South Korean brands. Despite Samsung Electronics and LG Electronics still dominating a significant...
Friday 1 September 2023
Samsung and LG still dominate global TV market in first half of 2023
In the first half of 2023, the two major South Korean brands, Samsung Electronics and LG Electronics, continued their dominance of the global TV market. Samsung maintained its spot...
Thursday 31 August 2023
OLED adoption in cars to accelerate
The collaboration between LG Display (LGD) and Mercedes-Benz on automotive OLED panels is expected to help accelerate adoption of OLED technology in the automotive industry, according...
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