Korea Joongang Daily
Korea JoongAng Daily

LG Chem to cut planned capex this year amid downturn

LG Chem, Korea's leading chemical firm, will reduce its planned facility investments by more than 1 trillion won ($680 million) this year due to an extended downturn in related industries, a company executive said Monday.

2025-03-24

LG Innotek gears up to produce components for humanoid robots

LG Innotek CEO Moon Hyuk-soo said it is gearing up to make components for humanoid robots next year, while aiming for chip component sales of over $2 billion by 2030.

2025-03-24

Moon Bo-kyeong powers LG Twins to victory with back-to-back home runs

Moon Bo-kyeong has wasted no time making his mark as the LG Twins’ new cleanup hitter, delivering back-to-back home runs to open the season in dominant fashion.

2025-03-24

The 2025 KBO season starts tomorrow. Here's how the teams line up.

The 2025 KBO season kicks off on Saturday, with 144 games standing between each of the 10 teams and a shot at the playoffs in the fall. Here's how the teams line up going into the new campaign.

2025-03-21

All 10 KBO teams to start foreign pitchers on Opening Day for first time in eight years

For the first time in eight years, all 10 teams in the Korean baseball league will send foreign-born pitchers to start on Opening Day.

2025-03-20

LG's Exaone Deep AI model schools DeepSeek's R1 in scholastic tests

LG AI Research launched Exaone Deep, Korea first inference AI model, which outperformed DeepSeek's R1 despite having one-fifth of the parameters.

2025-03-18

Microsoft CEO to meet chiefs of major local firms during visit

Microsoft CEO Satya Nadella is expected to meet the heads of Korea's major companies, including KT and Amorepacific, during his visit to the country next week.

2025-03-17

LG Chem posts over 1 trillion won in accumulated diabetes drug sales

LG Chem, Korea's leading chemical company, said Monday the accumulated sales of its own diabetes drug have exceeded 1 trillion won ($688 million) in the domestic market.

2025-03-17

Battery makers raise cash to fund U.S. investments in Trump's 'America First' era

Samsung SDI and LG Energy Solution are eying cash-raising avenues to fund their U.S. plant investments in the era of U.S. President Donald Trump's "America First" policy.

2025-03-14

Hit with $79M fine, SK Telecom, KT and LG U+ push back

Korea’s antitrust regulator has fined three major telecommunications providers — SK Telecom, KT and LG U+ — a combined total of 114 billion won ($78.6 million) for colluding to balance subscriber figures.

2025-03-12