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 [...]
SEOUL, July 28 (Korea Bizwire) — LG CNS, an affiliate of LG Group, announced on July 27 that it had successfully developed a “smart lighting solution” which can control lighting devices using its intelligent IT system. According to LG CNS, a global provider of comprehensive IT services, it could save as much as 6.3 billion won a [...]
SEOUL, July 3 (Korea Bizwire) – LG Chem will build an electric vehicle battery plant in China’s Nanjing, the third plant after Cheongju (Korea) and Holland (Michigan, U.S.). The company held a signing ceremony at its LG Twin Tower in Yoido, Seoul, on July 2 with high-ranking officials from the Nanjing city government. The ceremony was attended [...]