Economy
Business·Industry
LG Energy Solution Settles Patent Dispute with Shinwangda… "Confirms Just Compensation for Technological Innovation"
LG Energy Solution has settled a patent dispute with Chinese battery manufacturer Xinwangda by signing a patent licensing agreement.
(Photo: LG Energy Solution)
According to industry sources on …
Business·Industry
LG Electronics to Build 'Cloid Learning Factory' in Yangjae… Strengthening Physical AI Competitiveness
LG Electronics is moving to build dedicated infrastructure for the training and validation of its humanoid robot, "LG Cloid." As competition in physical AI intensifies, the company is accelerating eff…
M&A·IB
Kolmar Korea Decides Not to Sell Toothpaste Business After All… Yoon Sang-hyun’s Business Restructuring Slows Down [Exclusive to Edaily]
As Kolmar Group accelerates its restructuring to clearly separate the business areas of its affiliates into cosmetics and health functional foods, the agreement to transfer the toothpaste business bet…
Business·Industry
Get Cash Back for Reducing Electricity Use by Just 1%… Expansion of Residential Energy Cashback Program
Starting in July, consumers will be able to receive cash rebates if they reduce their electricity usage by just 1% compared to previous years. Additionally, those who reduce their usage by 20% or more…
Business·Industry
Samsung Electronics to Hold Global Strategy Meeting Next Week… High Exchange Rates Expected to Be a Key Topic
Samsung Electronics will hold a global strategy meeting next week to establish business strategies for the second half of the year and management goals for next year. Amid growing external uncertainti…
M&A·IB
[Market Insight] Korea Zinc and Youngpoong Avoid Prosecution… Background on the Reduction in the Severity of the “Intentional” Charge
#KoryoZinc and #Youngpoong have avoided the worst-case scenario of a legal disaster in the final stage of sanctions by financial authorities regarding their accounting audits. As the Securities and Fu…
Business·Industry
LGD on the Verge of Fourth Consecutive Quarter of Profit… Facing the Test of OLED Business Restructuring
LG Display, which is restructuring its business around organic light-emitting diodes (OLEDs), is on the verge of posting a profit for the fourth consecutive quarter.Following its return to an annual p…
Business·Industry
Chong Kun Dang to Foster Next-Generation Biotech... Building a 392.5 Billion Won ‘Complex Research Complex’ in Baegot, Siheung
#Chong Kun Dang, a leading traditional pharmaceutical company, is investing heavily to strengthen its capabilities in biopharmaceuticals, a key growth driver for the future. The company plans to estab…
Business·Industry
Samsung Electronics Tops Domestic Brand Value Rankings This Year… SK Hynix Enters Top 10
Samsung Electronics took the top spot in this year’s Best Korea Brands rankings. Hyundai Motor, Kia, LG Electronics, and Naver followed in second through fifth place. On the 11th, Interbrand, the worl…
Business·Industry
HUM&C Decides to Buy Back 1 Billion Won Worth of Treasury Stock... “All-Out Effort to Enhance Shareholder Value”
#HUMNC, a Huons Group subsidiary specializing in aesthetic supplies, has begun buying back its own shares. The move reflects the company’s commitment to strengthening shareholder trust through stock p…