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LG Pushes to Advance in Clean Tech

LG Pushes to Advance in Clean Tech

SEOUL, June 29 (Korea Bizwire) — LG Corp., South Korea’s fourth-largest conglomerate, said Wednesday it plans to invest more than 2 trillion won (US$1.5 billion) over the next five years in clean technology, as part of efforts to advance in a new growth sector. The group, which has affiliates in various businesses, ranging from consumer [...]

LG-led Consortium Pushing for US$9 bln Battery Supply Chain Project in Indonesia

LG-led Consortium Pushing for US$9 bln Battery Supply Chain Project in Indonesia

SEOUL, April 18 (Korea Bizwire) — A South Korean consortium led by LG has signed an initial agreement with Indonesia’s state-run companies to push for a project worth around US$9 billion to establish an electric vehicle battery supply chain in the Southeast Asian country, a LG unit said Monday. The nonbinding framework agreement was signed [...]