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LG Chem will invest 15 trillion won ($9.8 billion) in research and development by 2035, allocating 70 percent of the spending to semiconductor, mobility and robotics materials, as the company accelerates efforts to expand into high-growth sectors. CEO Kim Dong-choon announced the plan during a company-wide town hall meeting on Monday, outlining LG Chem's strategy to focus on materials for semiconductors, mobility and robotics alongside oncology therapeutics as key future business areas. This com
LG Energy Solution will showcase its battery-powered solutions for AI data centers at Electrical Energy Storage Europe 2026, highlighting its European manufacturing footprint and compliance capabilities as demand for AI infrastructure accelerates. The exhibition, which runs from June 23-25 at Messe Munich in Germany, is being held under the theme "Powering the Future of AI," reflecting growing interest in stable power infrastructure to support AI-driven growth. At the event, LG Energy Solution w
LG Display said Monday its full lineup of large OLED panels for TVs and monitors has received Intertek certification for color and brightness accuracy under everyday lighting conditions, marking the first such recognition for OLED products. The certification, formally called Perfect Color and Brightness Accuracy up to 500 lux, measures how closely a display reproduces the color and brightness intended by content creators in a typical viewing environment. Instead of conventional picture-quality t
Senior executives from LG Group will visit Nvidia’s headquarters in California this week for talks on physical AI and robotics, in a follow-up to a recent meeting between LG Chairman Koo Kwang-mo and Nvidia CEO Jensen Huang. Industry sources said Sunday that executives from LG’s major affiliates are scheduled to meet Nvidia officials on Monday at the US chipmaker’s headquarters in Santa Clara, California. The LG delegation will include LG CNS CEO Hyun Shin-gyoon, LG Sciencepark President Chung S
LG Innotek, the South Korean components-maker best known for camera modules used in premium smartphones, wants its semiconductor substrate business to generate more operating profit by 2031 than the company as a whole earned last year. The unit, called package solutions, aims to raise its operating profit to 1 trillion won ($662 million) by 2031, from 128.9 billion won last year, with revenue rising past 3 trillion won by 2030, nearly double the 1.72 trillion won it booked in 2025. The profit ta
LG Energy Solution said Monday it held its Battery Tech Conference in Chicago, stepping up efforts to recruit top global research talent in next-generation battery technologies, energy storage systems and artificial intelligence. As the company’s key platform for recruitment, the BTC was attended by more than 40 graduate students, doctoral candidates and researchers from leading North American universities and research institutions, including the Massachusetts Institute of Technology, Stanford U
LG Electronics is converting its R&D campus in southern Seoul's Yangjae district into the country's first "data factory" for humanoid robots, industry sources said Friday. At the facility, hundreds of its CLOiD machines will repeat everyday tasks to generate the real-world data that has become the hardest thing to get in the race to build capable robots. The reason this matters is that data, not hardware, is increasingly the stall point for humanoid development. Generative AI like GPT learns fro
LG Group Chairman Koo Kwang-mo and Nvidia CEO Jensen Huang met Monday at LG Twin Towers in Yeouido, western Seoul, to discuss collaborations spanning robotics, AI data centers and mobility. Koo greeted Huang in the lobby alongside LG Vice Chairman and COO Kwon Bong-seok and LG Electronics CEO Lyu Jae-cheol, and the group held what LG described as a top management meeting. It was the second time the two men had met in three days after a Friday dinner in Hongdae with the chairmen of SK and Naver,
Samsung Display and LG Display expanded their share of the global smartphone OLED panel market in the first quarter of 2026, even as the industry contracted, with Chinese competitors absorbing more than twice the volume decline as a memory chip price surge forced their smartphone customers to cut production. Total smartphone OLED panel shipments fell 12 percent year-on-year to 190 million units in the first quarter, also down 20 percent from the previous quarter, Seoul-based market researcher UB
LG Electronics’ US subsidiary has agreed to settle a privacy lawsuit filed by the Texas attorney general’s office over allegations that its smart TVs collected users’ viewing data without proper consent. The settlement with LG Electronics USA Inc. requires the company to obtain users’ consent before collecting viewing data through automated content recognition technology. LG must also add a pop-up disclosure on its smart TVs that explains how such data may be collected and used and gives users a
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