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LG Energy Solution said Friday it has become the first battery-maker to join the automotive software marketplace SDVerse, as the South Korean battery giant is accelerating its push into the fast-growing software-defined vehicle market. SDVerse is a business-to-business marketplace platform developed in collaboration with industry leaders such as General Motors, Canadian parts-maker Magna International, and Indian information technology service company Wipro. The platform allows automakers, globa
LG Group Chairman Koo Kwang-mo called for a shift toward integrated energy solutions during a recent visit to the US, as the conglomerate positions its battery business to capture rising demand from AI infrastructure markets. Koo visited Vertech, the North American system integration unit of LG Energy Solution, on Monday, where he stressed the need to move beyond hardware supply and strengthen software-driven capabilities. “LG must secure a business base that remains resilient under any external
You're in an electronics store with $1,500 to spend. On your left, a 65-inch LG OLED with blacks so deep they seem to swallow light. On your right, a 75-inch TCL mini-LED that is 10 inches bigger and impossible to ignore. Increasingly, people are picking the bigger screen. Mini-LED shipments and revenue have overtaken OLED in the super-premium TV segment in recent years, according to Counterpoint Research, with shipments of 75-inch-plus premium sets surging 79 percent year-on-year in early 2025.
LG Electronics put every Korea-based executive through a two-day AI transformation program at its Digital Park campus in Pyeongtaek, Gyeonggi Province, as the company moves to integrate artificial intelligence into all its operations. The mandatory sessions, held earlier this month, had participants working directly with AI tools, including LG's in-house Exaone model, OpenAI's ChatGPT and Google's Gemini, on tasks ranging from building workflow automation agents to generating AI-assisted reports
LG Chem said Monday it will double its electronic materials business to 2 trillion won ($1.3 billion) by 2030, accelerating a portfolio shift toward high-value advanced materials. The move comes as demand surges for materials tied to artificial intelligence infrastructure and electric vehicles. LG Chem has identified semiconductors, electronic materials and next-generation displays as its core growth areas. To strengthen competitiveness, the company has set up a dedicated advanced R&D unit under
LG Innotek said Monday it has signed a strategic partnership with Applied Intuition, a global player in physical AI and autonomous driving software, to jointly advance next-generation mobility and robotics technologies. Under the agreement, LG Innotek will integrate its camera-based sensing modules into Applied Intuition’s autonomous driving reference vehicles, which will be deployed across the United States, Europe and Japan. The large-scale, multiregion testing is expected to generate extensiv
LG Group Chairman Koo Kwang-mo has urged top executives to move faster on artificial intelligence, calling speed the decisive factor in the group’s transition as geopolitical uncertainty and AI-driven disruption intensify. Koo made the remarks at an executive meeting Wednesday that was attended by about 40 heads of major affiliates, where the group discussed ways to strengthen its fundamentals amid rising external volatility. “AI will become more than just a tool to improve efficiency and produc
LG Electronics launched its 2026 OLED TV lineup in South Korea on Thursday, cutting domestic prices on several models from a year earlier as it works to narrow the price gap between OLED and the cheaper mini-LED sets sold by Chinese competitors. The entry-level 65-inch OLED (B6) starts at 3.29 million won ($2,193), while the top-tier 83-inch G6 reaches 13 million won. LG confirmed that its wireless wallpaper TV, the W6, and a new Micro RGB LCD line would follow in the first half of this year. Th
French carmaker Renault Group chief Francois Provost is set to visit South Korea in April, where he will likely hold talks with LG Energy Solution CEO Kim Dong-myung to deepen the two companies’ cooperation in electric vehicle batteries. Provost is scheduled to arrive on April 2 and stay for two days. He will visit Renault Korea’s local operations and hold meetings with the group's key partners, including South Korean battery maker LG Energy Solution, according to industry sources on Wednesday.
LG Electronics will establish mass-production capacity for robot joints by the end of this year, while LG Innotek expects to begin large-scale output of sensing modules for humanoid robots by 2027 or 2028, the two companies' CEOs announced at their annual shareholders meetings on Monday. The parallel announcements amount to a coordinated supply chain play within the LG Group: LG Electronics targets the joints, LG Innotek the eyes, with each leveraging existing manufacturing infrastructure to ent
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