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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, after ...
South Korean battery maker LG Energy Solution (LGES) said on Thursday its revenue would plunge more than 20% this year and that it would ease capacity expansion due to a sharper-than-expected ...
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 .
The IPO is the largest since LG Energy Solution raised $10.74 billion in 2022. Last year, South Korea raised $2.85 billion worth of IPOs, according to LSEG data, up slightly from $2.79 billion in ...
LS Group is a South Korean chaebol (conglomerate) mostly in electrics, electricity, materials and energy sectors. [2] It is composed of LS Corp. (see below), E1 (LPG), and YESCO (LNG).
GS Holdings was incorporated in July 2004 [1] and officially split from LG Group in January 2005, with the Koo family gaining full control over LG Group and the Huh family creating GS Holdings. [ 2 ] Convenience stores and other retail companies which formerly operated under the LG logo were rebranded as "GS", which like "LG", comes from the ...
SEOUL (Reuters) -LG Energy Solution (LGES) is likely to raise up to 12.8 trillion won ($10.87 billion) in what could be South Korea's biggest initial public offering as the battery maker seeks ...
According to a news release, the transaction does not change GM’s ownership interest in the Ultium Cells LLC project, in which GM and LG have invested a total of $7 billion U.S. taxpayer dollars ...