LG's Higher Energy Efficient Heat Pumps, State-of-the-Art Inverter Compressor Technologies and Intuitive Control and Management Solutions Impress at Annual HVAC Conference SEOUL, South Korea, Feb. 7, 2023 /PRNewswire/ -- LG Electronics (LG) is showcasing its latest heating, ventilation and air conditioning (HVAC) solutions at AHR Expo 2023, the U.S.'s largest HVAC event, taking place in Atlanta, from February 6-8. The company's higher efficiency, customized solutions for commercial and r

Posco Chemical Co., a South Korean manufacturer of industrial materials, said Wednesday it has begun construction of its second factory for synthetic graphite anode materials in the country's southeast. Posco Chemical broke ground on the plant at its key manufacturing complex in Pohang, 272 kilometers southeast of Seoul, on Tuesday, the company said in a release. The construction is part of a plan to boost the production capacity of the key anode materials to 18,000 tons a year by the time

Hanwha Solutions, Hanwha Aerospace and Hanwha Corporation/Momentum sign an MoU for future collaborations in battery business with LGES. The companies pledge to make joint investment in building energy storage system(ESS) battery production facilities in the United States. The announcement will ensure a stable supply of affordable battery and boost the efforts to develop advanced battery technology.  SEOUL, South Korea, Jan. 16, 2023 /PRNewswire/ -- Hanwha Group and LG Energy Sol

LG Electronics Tennessee Plant is Selected as Industry's First U.S. Home Appliance Lighthouse Factory by World Economic Forum  SEOUL, South Korea, Jan. 16, 2023 /PRNewswire/ -- LG Electronics'(LG) home appliance manufacturing plant in the United States has been selected as a world-leading Lighthouse Factory by the World Economic Forum (WEF). LG Electronics Tennessee Factory is selected as the industry’s first U.S. home appliance Lighthouse Factory The million-square-foot

Vice Chairman Koo suggests 2023 management plan and mid- to long-term strategies Sales of KRW 1.83 trillion in 2022 and operating profit KRW 57 billion turnaround thanks to the expansion of overseas business and business diversification Increasing the proportion of overseas business is a necessity, setting leading global companies as competitors SEOUL, South Korea, Jan. 9, 2023 /PRNewswire/ -- OURHOME, a global food company based in Korea, held an on∙offline 2023 kick-off ceremony and

South Korean tech companies are ready to showcase their latest products and innovative technologies at CES 2023, the world's largest consumer electronics show slated to open in Las Vegas next week. CES will be held in a bigger and more fully in-person fashion this time, with global tech giants like Google, Meta and Microsoft physically returning to the global stage for innovation after missing the previous one due to the fast spreading omicron variant. CES 2021 was held entirely online. The

Delivering an Uplifting Customer Experience, LG's New Home Appliances Can be Upgraded with New Features Tailored to Different Needs and Lifestyles SEOUL, South Korea, Dec. 28, 2022 /PRNewswire/ -- LG Electronics (LG) has announced the global launch of its LG ThinQ™ UP upgradeable home appliances including refrigerators, washers, dryers, oven ranges, and dishwashers. Able to adapt to the unique needs and changing lifestyles of each customer, LG's appliances enable users to enjoy new features a

Kansas City Royals catching prospect Um Hyung-chan was named the top South Korean high school catcher of the year Thursday. Um was the winner of the Best Catcher category at the sixth annual Lee Man-soo Awards, named after the Korea Baseball Organization (KBO) catching legend. Um, backstop for Gyeonggi Commercial High School in Seoul, signed with the Royals in July. He batted .390/.446/.585 with three home runs, 30 RBIs and 22 runs scored in 21 games in 2022. Um has also been known for a stron

Seoul shares extended their losing streak to a fourth day Wednesday amid concerns the Federal Reserve may keep its aggressive monetary tightening following solid U.S. economic data. The Korean won fell against the U.S. dollar. The benchmark Korea Composite Stock Price Index retreated 10.35 points, or 0.43 percent, to 2,382.81. Trading volume was moderate at 323.9 million shares worth 5.9 trillion won ($4.5 billion), with decliners outnumbering gainers 540 to 311. Institutions and foreigners sold

SEOUL, South Korea, Nov. 17, 2022 /PRNewswire/ -- VisualCamp, a member of the Born2Global Centre (CEO Kim Jong-kap), and an artificial intelligence (AI)-based eye-tracking technology startup, announced on the 17th of this month that it has won the CES Innovation Award of CES 2023, the world's largest electronics fair, which will be held in Las Vegas from January 5 to 8 next year. VisualCamp won the award last year, in the "Software and Mobile Apps" category, for its eye-tra

Azul stepping up its channel investments to meet strong growth in demand for high performance and more cost-efficient Java alternatives SINGAPORE, Nov. 14, 2022 /PRNewswire/ -- Azul, the only company 100% focused on Java, today announced its first distribution deal in Australia/New Zealand (ANZ) and the ASEAN region with the appointment of NEXTGEN. The appointment follows the recent expansion of Azul's global partner program, "Partner with Purpose". The program pro

LGES to be supplied with 40 percent of Compass Minerals' annual lithium carbonate production over six years, expected to start in 2025 The partnership embodies LGES's efforts in securing a stable critical mineral supply chain in North America while promoting a sustainable value chain SEOUL, South Korea, Nov. 11, 2022 /PRNewswire/ -- LG Energy Solution (LGES; KRX: 373220) signed a binding offtake agreement this week on the purchase of battery-grade lithium carbonate with Compass Minerals

Azul Vulnerability Detection detects known vulnerabilities in Java applications in production with no performance penalty and eliminates false positives Extends software supply chain security to production with agentless cloud service, delivering observability of vulnerabilities at the actual point of use Addresses increasing risk of attacks on enterprise software supply chains, which are expected to triple by 2025 and are compounded by severe vulnerabilities such as Log4j that continue

LG Energy Solution posts the quarterly revenue of KRW 7.648 trillion and operating profit of KRW 522 billion in 3Q, 2022 Strong quarterly performance made possible by enhanced profitability across all product line-ups and favorable exchange rate The company to secure global leadership and enhance profitability through its business strategies targeting the North American market SEOUL, South Korea, Oct. 26, 2022 /PRNewswire/ -- LG Energy Solution (LGES; KRX: 373220) today announced its t

LGES diversifies its supply chain of natural graphite, one of key battery materials with the least diverse supply chain  The company continues to boost competitiveness and stability of its critical mineral supply chain in North America through a series of partnerships SEOUL, South Korea, Oct. 20, 2022 /PRNewswire/ -- LG Energy Solution (LGES; KRX: 373220) announced it signed a non-binding Memorandum of Understanding (MoU) on October 19 with Syrah Resources Limited (Syrah; ASX:SYR) o