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LG Energy Solution cuts capex on slowing EV demand
LG Energy Solution flags slowing EV demand, posts first quarterly loss in 3 years
SEOUL (Reuters) -South Korean battery firm LG Energy Solution (LGES) said it expected electric vehicle demand growth to slow in the near-term, as it posted on Friday a quarterly loss for the first time in three years.
Battery Maker LG Energy Slashes Spending on EV Demand Risks
Battery maker LG Energy Solution Ltd. said it will make major cuts to spending this year, though it expects a rebound in sales, as major uncertainties hang over the global electric vehicle sector.
LG Energy Solution cuts capex on slowing EV demand after Q4 loss
By Joyce Lee and Hyunjoo Jin SEOUL (Reuters) -South Korean battery firm LG Energy Solution (LGES) said on Friday it plans to cut capital expenditure by up to 30% this year on slowing electrical vehicle demand growth,
4h
on MSN
LG Electronics takes majority stake in Bear Robotics, reportedly valuing startup at $600M
LG Electronics is betting on robotics as its next big growth driver. The South Korean electronics company said on Friday that ...
AV Network
1h
LG Acquires Majority Stake in Bear Robotics
Strategic investment aims to accelerate innovation across LG’s commercial, home, and industrial robot solutions.
8d
LG CNS Said to Be Poised to Price IPO at Top of Marketed Range
LG CNS Co. is poised to price its initial public offering at the top of its marketed range, people familiar with the matter ...
2d
LG Energy Solution Ranked as the World's 12th Most Sustainable Company, Number One Among Battery Manufacturers
LG Energy Solution Ranked as the World's 12th Most Sustainable Company, Number One Among Battery Manufacturers ...
2d
One of LG’s best OLED TVs is cheaper than ever, just in time for the Super Bowl
It has four HDMI 2.1 ports (versus two in the B3, though the B4 has four as well), letting your consoles and PC output at 4K ...
5d
LG's next-gen OLED panels promise 4,000 nits brightness and better burn-in resistance
LG plans to launch its brightest-ever OLED screen later this year. A new internal structure enables the fourth-gen panel to ...
11d
on MSN
LG says 22% of gaming monitors are OLED displays
After just two years, more than a fifth of PC gaming monitors use upgraded OLED panels, according to a pre-CES briefing.
8d
LG Display confirms what Panasonic told us at CES — new four-layer OLED is here
It seems as though Panasonic forced LG Display’s hand when it announced at CES 2025 the new panel technology at use in its ...
10d
on MSN
LG G5 OLED TV: everything we know about LG's next-gen TV
The LG G5 has been officially revealed at CES 2025 as part of LG 2025 OLED TV lineup. As the successor to the LG G4, one of ...
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