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LG Energy Solution Ltd. (LGES; Korean: 주식회사 엘지에너지솔루션) is a battery company headquartered in Seoul, South Korea. LGES is one of the largest battery makers in the world alongside CATL , Panasonic , SK Innovation , and Samsung SDI .
LG said Vietnam provides an "abundant labor force" and that 750 workers at its South Korean handset factory would be relocated to its home appliance plant. On 5 April 2021, LG announced its withdrawal from the phone manufacturing industry after continuous loss in the market. In 2020, LG faced a loss of 5 trillion won (US$4.4 billion). [20] [21 ...
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LG Corporation was established as Lak Hui Chemical Industrial Corp. in 1947 by Koo In-hwoi. [4] In 1952, Lak Hui (락희) (pronounced "Lucky"; now LG Chem) became the first South Korean company to enter the plastics industry. As the company expanded its plastics business, it established GoldStar Co. Ltd. (now LG Electronics Inc.) in 1958. Both ...
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In December 2013, Qualcomm signed over the source code and trademark to the Linux Foundation with the creation of the AllSeen Alliance. [5] [6] The alliance promoted interoperability for the Internet of things, and a number of consumer brands signed on including LG, Sharp Corporation, Haier, Panasonic, Sony, [7] Electrolux, [8] Sears and ...
Ericsson-LG is a joint venture company owned by the Swedish group Ericsson (75%) and the South Korean group LG Electronics (25%). Founded in July 2010, Ericsson-LG designs and markets devices for telecommunications network operators and enterprises in South Korea.