South Korean stocks opened a tad higher Monday, buoyed by gains in technology stocks. The benchmark Korea Composite Stock Price Index added 0.72 point, or 0.03 percent, to 2,667.56 in the first 15 minutes of trading. Large caps traded mixed while techs and chemicals were in positive terrain. Tech giant Samsung Electronics gained 0.55 percent, with No. 2 chipmaker SK hynix advancing 0.56 percent. Leading battery maker LG Energy Solution added 0.75 percent, while its local rival Samsung SDI gained

Two Korean dramas "Tarot" and "Pleasant Outcast" are set to appear at Canneseries, held from April 5 to April 10 in France. "Tarot," produced by Studio X+U, a mid-form content production studio under telecommunications provider LG Uplus, was invited to compete in the short film competition section of the Cannes International Series Festival. With this, "Tarot" became the first Korean title to compete in the short film section. "Tarot" revolves ar

LG Uplus, one of the top three telecommunications providers in South Korea, has announced its venture into the generative AI field with the introduction of its AI model, ixi-GEN, setting the stage for competition with its larger rivals SK Telecom and KT in offering AI-driven services for consumers and businesses. LG Uplus CEO Hwang Hyeon-sik made the announcement at the Mobile World Congress being held in Barcelona this week. He outlined plans to launch ixi-GEN in the first half of this year and

Company's Latest Appliances Embrace Built-in Design, Energy Efficiency and Smart Home Solution  SEOUL, South Korea, Feb. 27, 2024 /PRNewswire/ -- LG Electronics (LG) is unveiling an evolved, fully-integrated home experience at the 2024 Kitchen & Bath Industry Show (KBIS) in Las Vegas. LG's exhibit highlights a range of advanced residential solutions for a better life at home, including an expanded lineup of premium built-ins, energy-efficient appliances and eco-friendly heat pumps tha

South Korean stocks started higher Wednesday on foreign and institutional buying despite overnight losses on Wall Street. The benchmark Korea Composite Stock Price Index climbed 11.49 points, or 0.43 percent, to 2,669.28 in the first 15 minutes of trading. Overnight, the U.S. stock market lost ground on investors' profit-taking ahead of the earnings release of artificial intelligence chip leader Nvidia. Nvidia is expected to release strong fourth-quarter results later Wednesday thanks to co

LG Energy Solution marks KRW 33.7 trillion in consolidated revenue and KRW 2.2 trillion in operating profit in 2023 To maintain growth momentum, the company to pursue qualitative growth by securing technology leadership, cost competitiveness and future readiness This year's guidance forecasts mid-single digit percent increase in annual revenue, with capital expenditure remaining consistent with the previous year SEOUL, South Korea, Jan. 26, 2024 /PRNewswire/ -- LG Energy Solution (KRX:

Company Empowers Young Talent in Europe to Reimagine HVAC for a Better Tomorrow SEOUL, South Korea, Jan. 26, 2024 /PRNewswire/ -- LG Electronics (LG) announces that the grand finale of its first-ever heating, ventilation and air conditioning (HVAC)-themed student hackathon, Hack for Heat, will take place on January 26 at the LG office in Courbevoie, France. The groundbreaking event will see talented youth from across Europe competing in teams to help redefine the future of HVAC and creat

LG Energy Solution announces equity investment in Sion Power, an Arizona-based startup that holds core patents for lithium metal battery technologies The latest investment is part of company's dedication to open innovation, joining efforts with competent partners to tackle technological challenges SEOUL, South Korea, Jan. 25, 2024 /PRNewswire/ -- LG Energy Solution (KRX: 373220), a leading global manufacturer of advanced lithium-ion batteries, today announced its equity investment in Sio

Seoul shares opened lower Thursday, tracking an overnight fall on Wall Street. The benchmark Korea Composite Stock Price Index fell 0.58 percent, or 14.42 points, to 2,455.27 in the first 15 minutes of trading. Overnight, the Dow Jones Industrial Average fell 0.3 percent to 37,806.39, while the tech-heavy Nasdaq rose 0.4 percent to 15,481.92. Tesla reported weaker-than-expected earnings for the fourth quarter, which dragged down EV battery makers here. In Seoul, large-cap stocks were mixed. Mark

Company's Focus on Sustainable Solutions, Whole Home Electrification and Commercial Innovations on Display at World's Largest HVAC Industry Tradeshow SEOUL, South Korea, Jan. 22, 2024 /PRNewswire/ -- LG Electronics (LG) is unveiling its latest heating, ventilation and air conditioning (HVAC) solutions at AHR Expo 2024, taking place in Chicago, Illinois, U.S.A., from January 22-24. LG's energy-efficient residential and commercial HVAC lineups on show at this year's event deliver exceptiona

Seoul Business Agency organized the Seoul Innovation Forum at CES 2024 in Las Vegas, where panel discussions and panel talks by Korean tech leaders took place. SEOUL, South Korea, Jan. 19, 2024 /PRNewswire/ -- Seoul Business Agency (SBA), Seoul's innovation support organization working towards creating a smart city in Seoul, held the Seoul Innovation Forum at CES 2024 in Las Vegas on January 9th (local time). CES 2024 is the world's largest IT exhibition in Las Vegas, showcasing

Increased Manufacturing Capacity to Strengthen Company's Competitiveness, Help It Meet Growing Demand from North American Businesses SEOUL, South Korea, Jan. 19, 2024 /PRNewswire/ -- LG Electronics (LG) announces the opening of a new scroll compressor production line at its factory in Monterrey, Mexico. The new line bolsters LG's scroll compressor manufacturing infrastructure, enabling the company to produce more of its acclaimed, eco-conscious solutions while creating a shorter supply chain

Tech Execs and Global Leaders Choose CES for AI, Accessibility, Digital Health and Mobility LAS VEGAS, Jan. 15, 2024 /PRNewswire/ -- CES® 2024 closes today, after an exhilarating week that set the technology narrative for the year ahead. With 4300+ exhibitors, including a record 1400+ startups from around the globe in Eureka Park®, CES showcased the innovative trends shaping tomorrow and solving the world's most pressing challenges. "The resurgence of CES proves that

LAS VEGAS, Jan. 10, 2024 /PRNewswire/ -- CES® 2024 opened today showing it is the venue to set the agenda for the year ahead in technology, business and entertainment, even powering a surge in global awareness as companies began debuting innovative technologies. CES 2024 Unveiled Las Vegas included more than 100 exhibitors and media from across the globe. CES runs from Jan. 9-12, 2024. Learn more at ces.tech. CES, the world's most powerful tech platform, welcomed more

From smart cities to AI-powered health, discover the tech that will shape our future ARLINGTON, Va., Jan. 5, 2024 /PRNewswire/ -- CES®, the world's most powerful tech event, returns to Las Vegas on January 9-12, bringing together 4000+ exhibitors, including global brands and startups, industry professionals, media and government leaders. Gary Shapiro, president and CEO, Consumer Technology Association, at the CES 2023 CTA State of the Industry presentation. "The CES