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...South Korea is home to top-tier battery producers such as LG Energy Solution, Samsung SDI and SK On, but they rely heavily on Chinese companies for sourcing and refining critical materials for batteries....
...Pollock, chief executive of Brookfield’s infrastructure investment arm, told the Financial Times that he believes a “deglobalising” world, where large companies are bringing production closer to home and sourcing...
...“In order to boost the yield rate of micro OLED, Samsung and LG need to make billions of dollars in investments,” said Nam....
...“They are a necessity for the GPUs used in data centres and AI training, so it is necessary to buy them even if they are more expensive,” a sourcing agent told the Financial Times....
...Apple is working with Korean display makers Samsung and LG on this second-generation headset....
...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...
...The number of electric vehicle models qualifying for a bung of up to $7,500 is down from 43 to 19 after new battery sourcing rules took effect on Monday....
...“We’ve looked at Europe and the UK on the idea of sourcing from Humber,” Burns said. “But those plans will be in the future.”...
...Politics: There is a clear China risk (with China accounting for 20% of its revenue and its market share of 20% vulnerable to both geopolitical tensions and local competition) and 90% of its sourcing comes...
...As non-Chinese companies that stand to benefit from the IRA’s restrictions on Chinese sourcing, Korean battery makers LG Energy Solution, SK On and Samsung SDI have all set up North American joint ventures...
...The rankings of the smartphone market have changed beyond recognition since Samsung took the top spot in 2011, when Nokia, LG and BlackBerry led the market....
...Because Morocco is a free trade partner of the US, its raw materials count towards sourcing targets required for electric vehicles sold in America to receive subsidies of up to $7,500 under President Joe...
...In May, the chief financial officer of LG Chem, the parent of LG Energy Solution, told investors its working assumption was that the US government would apply the same definition of “foreign entities of...
Partnership centres on 5G radio frequency components as iPhone maker pushes to buy domestically
...Epic said Google struck deals with mobile device manufacturers such as Samsung and LG under which they accepted a bundle of Google apps including the Play Store and agreed to give its store prime placement...
...South Korea’s three leading battery producers — LG Energy Solution, Samsung SDI and SK On — have all declared their intention to develop such cells by the late 2020s....
...Last week South Korean battery producer LG Energy Solution echoed Tesla chief Elon Musk and warned EV sales were expected to weaken as a result of higher interest rates....
...Panasonic is struggling to hang on to fourth place in electric vehicle battery shipments today, behind China’s CATL and BYD and South Korea’s LG Energy Solution....
...LG showcased an AI-powered robot companion that can call an ambulance if a person has a fall at home....
...Five unmissable stories this week Private equity can no longer rely on borrowing cheap money to fuel returns, and will have to go back to its roots of sourcing good deals and making operational improvements...
...Samsung and fellow South Korean display maker LG still enjoy a technological edge in top-end organic light-emitting diode displays, but this may not last for long....
...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....
...Companies that focus their marketing around sustainable sourcing have grown rapidly....
...Job moves LG Energy Solution, Korea’s largest battery maker, appointed president Kim Dong-myung as chief executive on Wednesday, replacing Kwon Young-soo....
...A version of this article was first published on November 1 by Nikkei Asia. ©2023 Nikkei Inc....
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