SEOUL, Oct. 25 (Korea Bizwire) — LG Energy Solution Ltd. said Monday it has tapped Kwon Young-soo, vice chairman of LG Corp. as its new CEO, a move largely seen as a replacement in the wake of its battery recalls in General Motors Co.’s Bolt electric vehicles (EV). LG Energy said it named Kwon as [...]
SEOUL, Jan. 3 (Korea Bizwire) — LG Uplus, one third of South Korea’s wireless carrier industry, is becoming a flatter organization, at least on a conversational level, as job titles will be swapped out for names when employees call on one another. This linguistic injunction was revealed by vice-chairman Kwon Young-soo as part of the [...]
SEOUL, Aug. 5 (Korea Bizwire) – Korea’s biggest chemical firm, LG Chem, will invest US$450 million (about 467 billion won) in a factory for electric car batteries in Nanjing, China, according to “Nanjing Daily,” local newspaper, on August 1. LG Chem already announced on July 2, that it had signed a memorandum of understanding with the Nanjing City government [...]