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LG-owned ZKW to Invest US$100 mln to Expand Mexican Plant

LG-owned ZKW to Invest US$100 mln to Expand Mexican Plant

SEOUL, July 29 (Korea Bizwire) — Austrian automotive light maker ZKW Group, a subsidiary of South Koran tech giant LG Electronics Inc., said Thursday that it will invest US$102 million to expand its Silao plant in Mexico. The plant has been engaged in manufacturing premium lighting systems since 2016. With this investment, the plant’s floor [...]

LG-owned ZKW to Supply Smart Digital Lighting for Luxury SUV Range Rover

LG-owned ZKW to Supply Smart Digital Lighting for Luxury SUV Range Rover

SEOUL, April 21 (Korea Bizwire) — Austrian automotive light maker ZKW Group, a subsidiary of South Koran tech giant LG Electronics Inc., said Thursday that it will supply smart digital lighting for the all-new Range Rover. The lighting system comes with significantly smaller, glare-free LED headlights, which “increase comfort, enhance road safety and mark the [...]

LG Electronics Says Nothing Decided over ZKW Takeover

LG Electronics Says Nothing Decided over ZKW Takeover

SEOUL, Sept. 28 (Korea Bizwire) — LG Electronics Inc. said Thursday the company is undecided over the rumored takeover of Austrian automotive lighting system firm ZKW Group, neither declining or confirming the rumor. “The company has been making various reviews in line with its preparation for future-growth businesses. There are no details on the rumor [...]