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...The foray into asset management is a first for Seoul-based LG....
...Almost all of the projects were planned for Republican districts, including Hyundai’s battery plants with LG and SK, and Hanwha Q Cells’ $2.5bn solar factory expansion....
...Korea Zinc has also formed a joint venture with South Korea’s LG Chem for precursor production and is in talks with Singapore-based Trafigura for co-operation on nickel refining....
...Chinese battery companies have forged a series of alliances with counterparts in US free trade partner countries, including South Korea, which is home to some of the world’s top battery makers, including LG...
...Samsung and LG declined to comment on their co-operation....
...Shares of LG Energy Solution dropped 6.7 per cent to a year low on Wednesday after the South Korean battery producer warned of slowing revenue growth ahead as higher interest rates and global economic uncertainties...
...South Korean battery group LG Energy Solution rose 7.3 per cent on Wednesday, after its preliminary third-quarter results beat analysts’ expectations....
...LG Energy Solution on Monday signed a preliminary agreement to build its first battery recycling joint venture with China’s Zhejiang Huayou Recycling Technology to ensure supply of key raw materials....
...Shares of LG Energy Solution dropped to a year-low on Wednesday after the South Korean battery producer echoed Tesla chief Elon Musk and warned electric vehicle sales were expected to slow as a result of...
...LG Energy Solution, one of the world’s top three EV battery producers that has joint ventures with General Motors, Honda and Hyundai in the US, announced this month it was laying off 170 workers at its plant...
...Earnings: Japanese chemical company Shin-Etsu, robotics specialist Fanuc and South Korean battery maker LG Energy Solution release results....
...Corporate earnings: Results are due from Samsung BioLogics, Kia Motors, LG Display, Indian Oil and Tata Steel....
...Occhio Luna, from £778 OLEDs you win It’s the newest and largest of B&O’s Harmony TVs, made in partnership with LG – in fact, it’s the largest LG OLED screen currently available at some 2.15m wide....
...South Korea’s Kospi climbed 0.8 per cent, with battery manufacturer LG Energy Solutions adding 4.8 per cent following its fourth-quarter earnings announcement....
...Earnings guidance: South Korea’s Samsung and LG Electronics are due to release fourth-quarter pre-earnings guidance on Friday, with full results expected later this month....
...South Korea’s Hyundai Motor Group and LG Energy Solution will build a $4.3bn electric vehicle battery plant in the US state of Georgia to take advantage of tax credits provided by the Inflation Reduction...
...South Korea’s LG Energy Solution, Samsung SDI and SK On control nearly half the global market for electric vehicle batteries outside China, but are under growing pressure to reduce dependence on Beijing...
...Battery maker LG Energy Solution on Wednesday reported a 145 per cent surge in first-quarter profit, driven by subsidies from the US Inflation Reduction Act (IRA) and strong sales of electric vehicles in...
...News UK will continue running TalkTV as a live streaming channel for news and opinion, using YouTube and Amazon Fire, as well as via the smart TV sets of Samsung and LG....
...South Korea’s business landscape is dominated by the country largest conglomerates, including Samsung, Hyundai, LG and SK Group, which are controlled by their founding families through a complex series of...
...Through the investment, LG Chem will become capable of refining metals in South Korea, as part of the country’s efforts to meet the requirements of the US Inflation Reduction Act....
...Its shares now trade at 13 times forward earnings, a small fraction of peers such as South Korea’s LG Energy Solution....
...Results: LG Display, the South Korean screen maker and Apple supplier, reports third-quarter earnings....
...The move by LG Energy Solution marks the largest single investment for a stand-alone battery manufacturing facility in North America and was encouraged by growing demand for electric vehicles....
...In South Korea, Kia Motors and LG Electronics publish third-quarter data, as do several large Chinese companies including Bank of Communications, China Merchants Bank, China Molybdenum, China National Nuclear...
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