Latest LG Group News & Updates

Seoul, June 2 (IANS) Jensen Huang, chief executive officer of US chip giant Nvidia, met with SK Group Chairman Chey Tae-won in Taipei to discuss the future of cooperation in artificial intelligence (AI) memory.The meeting took place in Taipei, according to a post on SK Group’s Facebook account. Both executives were in the Taiwanese capital to attend Computex, one of Asia’s largest technology trade shows.”With SK hynix reaching a market capitalisation of US$1 trillion, the executives of both comp…

Seoul, April 7 (IANS) LG Energy Solution Ltd, South Korea’s leading battery maker, on Tuesday estimated it posted an operating loss in the first quarter, apparently due to the fallout from the US-Iran war.Operating loss came to 207.8 billion won (US$138.2 million) in the January-March period, shifting from a profit of 374.7 billion won a year earlier, the company said in a regulatory filing.Sales decreased 2.5 percent to 6.55 trillion won. Data for net earnings was unavailable, reports Yonhap ne…

Seoul, Dec 30 (IANS) South Korean President Lee Jae Myung will make a State Visit to China early next week for summit talks with Chinese President Xi Jinping, Cheong Wa Dae said Tuesday, with the leaders expected to discuss ways to strengthen strategic cooperation and bilateral economic ties. Lee is scheduled to depart for Beijing on Sunday for summit talks with Xi. On next Tuesday, Lee will travel to Shanghai before returning home on Wednesday, presidential spokesperson Kang Yu-jung said in a b…