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Reporter : Kim Bo-eun
Sun, October 24, 2021 | 05:11
LG still mum on future of mobile business
No official word on LG Electronics' plans for its smartphone business emerged at its general shareholders' meeting held Wednesday.
LG Display to expand OLED business
LG Display reiterated plans Tuesday to focus on organic light-emitting diode (OLED) displays, while restructuring its liquid crystal display (LCD) business to focus on more competitive sectors. The display manufacturer is also seeking to strengthen its plastic OLED (POLED) business for mobile phones.
63% of European firms say biz environment in Korea worsening
Over 60 percent of European companies believe doing business in Korea has become more difficult over the last two years due to bureaucratic red tape, a survey by the European Chamber of Commerce in Korea showed Monday.
LG Uplus opens first unmanned store in downtown Seoul
Telecom company LG Uplus on Monday opened its first unmanned store in downtown Seoul, hoping to strengthen its digital competitiveness and cater to the demands of digitally-driven consumers.
Japanese suppliers lose out as Samsung engages local vendors
Japan's export curbs imposed in 2019 on some materials for semiconductor production in Korea seem to have backfired, as local chipmakers have largely replaced Japanese suppliers with local firms.
LG Uplus pledges to secure funds for fresh growth
Hwang Hyeon-sik, elected as LG Uplus CEO Friday, vowed to lead the telecom company's growth in new sectors by securing additional funds.
US International Trade Commission postpones pre-ruling on LG-SK battery patent suit
The U.S. International Trade Commission (USITC) said Thursday (local time) that it has postponed by two weeks to next month a preliminary ruling on a battery patent suit between LG Energy Solution (LGES) and SK Innovation (SKI).
Why did Kakao back out of eBay acquisition race?
Questions are being raised over why tech giant Kakao decided to pull out of the race to acquire eBay Korea, after applications for the preliminary bid were filed on March 16. As Kakao has been seeking to scale up its e-commerce businesses, thoughts were that it would join the race, with company officials acknowledging its intent to participate in the bidding process. Against ...
Samsung vows to strengthen compliance
Samsung Electronics reiterated its commitment to strengthening compliance with the law on Wednesday, while its chief Lee Jae-yong is in prison because of his involvement in a bribery case that resulted in the impeachment of former President Park Geun-hye.
KT share price rising on growth momentum
KT's share price is riding on the company's growth momentum as it seeks to transform itself into a big tech firm.
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