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...Three Korean battery suppliers — LG Energy Solution, SK On, and Samsung SDI — are among the global top 10 in making batteries for the growing EV market....
...In 1992, Sony unleashed a revolution in portable electronics....
...The strong debut made LGES, which supplies Tesla, General Motors and Volkswagen, South Korea’s second-largest stock after Samsung Electronics....
...So they need to hire more former US officials as their lobbyists,” said Kim Young-woo, an analyst at SK Securities....
...LG Electronics, another South Korean company, produces and sells home appliances in Russia, while Japan’s Sony sells electronics there....
...However, Kim Young-woo, an analyst at SK Securities, suggested this was not a foregone conclusion, citing the resurgence of Covid-19 infections driven by the Delta variant....
...“Being late is always better than never,” said Daniel Kim, an analyst at Macquarie, of LG’s decision to retire from the sector....
...On Monday, Seoul-based rival LG Electronics announced it would close down its lossmaking smartphone business after years of struggling to compete against Samsung, Apple and low-cost Chinese upstarts....
...“There were a lot of doubts about the future of LG’s auto components business but the company has a well-established product portfolio,” said Kim Young-woo, an analyst at SK Securities....
...Its tech groups, including Samsung Electronics and LG Electronics, have captured corners of the components market. For LG, a particular focus is interiors....
...Additional reporting by Nikki Sun and Narayanan Somasundaram in Hong Kong and Kim Jaewon in Seoul. A version of this article was first published by Nikkei Asia on December 28, 2020. ©2020 Nikkei Inc....
...Net losses at LG Display, the world’s second-largest maker of electronic displays and a key Apple supplier, more than tripled in the first quarter....
...LG Electronics SECTOR: CONSUMER DISCRETIONARY / HQ: Seoul, SOUTH KOREA For much of 2020 LG Electronics benefited from booming consumer and business demand for its appliances and devices....
...A version of this article was first published by the Nikkei Asian Review on August 21 2019. ©2019 Nikkei Inc. All rights reserved....
...A version of this article was first published by the Nikkei Asian Review on April 5 2019. ©2019 Nikkei Inc. All rights reserved....
...A version of this article was first published by the Nikkei Asian Review on March 13, 2019. ©2019 Nikkei Inc. All rights reserved....
...LG, which focuses on electronics and chemicals, is more guarded....
...Kim Young-woo at SK Securities said the bulk of the investment reduction would be made in small-size OLED panels used in high-end smartphones, with Samsung Electronics still the exclusive supplier of OLED...
.... ©2018 Nikkei Inc. All rights reserved....
...“The company’s record-breaking performance will continue in the second quarter,” said Kim Un-ho, an analyst at IBK Securities....
...Despite the frantic dealmaking, not all electronics groups are eager to get into bed with Amazon and Google....
...LG Electronics posted a net profit of 1.7tn won in 2017 — a 22-fold increase from a difficult 2016....
...It was not a proud moment for LG Electronics....
...Another proposal is the mandatory implementation of electronic proxy voting....
...“LG Electronics is expected to steal the spotlight at the Mobile World Congress given Samsung’s absence and cooling demand for Apple’s iPhone,” said Kim Dong-won, an analyst with KB Securities....
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