LG Energy Solution and SK Innovation agreed to settle the high-profile battery trade secret dispute at 2 trillion won ($1.8 billion), putting an end to a 713-day
LG Energy Solution and SK Innovation have agreed to settle a trade secret dispute that has jeopardized SK’s entire battery operation in the United States, confirmed a spokesperson for SK.
The maximum three-year support for Android operating system updates will apply to premium models released after 2019, including G and V series devices, and the LG Velvet and the LG Wing. Mid-range handsets will be supported for two years.
LG Electronics expects to report record profit and revenue in the first quarter as home appliances sold well.
An LG Electronics employee demonstrates its Smart Mirror, which activates a KT platform that provides radio, music and other digital services.
The vultures are circling as LG Electronics calls it quits in the smartphone market, its 10 percent domestic share available for the taking.
Tension between SK Innovation and LG Energy Solution is rising ahead of the April 11 presidential review deadline on a trade secret dispute case related to electric vehicle (EV) battery technology at the U.S. International Trade Commission (ITC).
LG Electronics’ exit from the money-bleeding smartphone business will immediately stanch trillions of won in losses and allow reallocation of corporate funding to more profitable sectors.
After 25 years in the phone business, LG Electronics is hanging up. Its board of directors approved Monday a dismantling of the company’s mobile communications (MC) division by July 31.
It was a very brief opening weekend for most KBO teams, with only the Kiwoom Heroes and Samsung Lions managing to play two games after rain shut down the action at every open stadium in the country on Saturday.