Reporter Baek Byung-yeul Page 1

The Korea Times

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Reporter : Baek Byung-yeul

Sun, April 11, 2021 | 22:40

Washington believed to be behind LG-SK battery settlement

LG Energy Solution (LGES) and SK Innovation (SKI) reached an eleventh-hour settlement over their protracted battery dispute, leaving U.S. President Joe Biden as the main beneficiary through his green economy drive, which aims to create more jobs by nurturing eco-friendly businesses, industry officials said Sunday.

Energy | 2021-04-11 17:17

SK to pay $1.78 bil. to settle battery dispute with LG

White House meeting to speed up Samsung's US investment

Samsung Electronics will participate in a White House meeting, Monday (local time), to address the global semiconductor shortage issue.

IT | 2021-04-11 16:31

LG Electronics set for reevaluation after phone biz exit

With LG Electronics expected to post its best-ever quarterly results thanks to soaring demand for home appliances in the first quarter, industry analysts said Thursday the tech company still has more room to grow due to its decision to exit the smartphone business.

IT | 2021-04-08 17:03

LG Innotek develops AI-based patent analysis system

LG Innotek has built a patent analysis system based on artificial intelligence (AI) technology, as part of its bid to map out its research and development (R&D) direction better, the electronics parts affiliate of LG Group said Tuesday.

IT | 2021-04-06 15:58

LG's exit from smartphone biz limits options for Korean consumers

LG Electronics' decision to exit from the smartphone business after 26 years is expected to increase the dominance of the two top players - Samsung Electronics and Apple - in Korea's smartphone market.

IT | 2021-04-06 15:58

LG to focus on future mobility after exiting phone biz

LG Electronics announced Monday that it has decided to end its money-losing smartphone business and realign its business structure with a focus on new businesses, such as future mobility. The decision came at a board meeting of the Korean electronics giant, and following it, the company will end its mobile phone business from July 31.

IT | 2021-04-05 16:48

LG Electronics partners KT to develop cross-platform AI services

SsangYong unveils newly redesigned Rexton Sports pickup trucks

Actress Lee Si-young poses with SsangYong Motor's new Rexton Sports pickup truck in this photo provided by the company, Monday. The SUV maker said it will hold an online showcase event Tuesday to introduce the redesigned Rexton Sports and its long-body version, the Rexton Sports Khan, which are sold as the Musso and the Musso Grand in the overseas market. Courtesy of SsangYon...

Auto | 2021-04-05 13:44

Hyundai to launch Genesis luxury brand in China

Hyundai Motor Group has decided to launch its Genesis luxury brand in the Chinese market, introducing the G80 sedan and GV80 SUV there, aiming to vie with prominent luxury brands including Mercedes-Benz, BMW, Audi and Lexus in the world's largest car market. On Friday, Genesis held a China launching event called “Genesis Brand Night” at the Shanghai International Cruise Termi...

Politics | 2021-04-02 21:00

Samsung responding to climate change agilely utilizing eco-friendly technology

With global companies working to tackle climate change, Samsung Electronics is also taking part by utilizing eco-friendly technologies.

IT | 2021-04-02 16:13

Samsung to attend White House meeting on chip shortage

Will Samsung Electronics post earnings surprise in Q1?

Samsung Electronics is scheduled to announce its preliminary earnings for the first quarter on April 7, and all eyes are on whether the tech giant will be able to log a better-than-expected performance, despite a series of difficulties such as the shutdown of its U.S. chip plant and a drop in the won-dollar exchange rate.

IT | 2021-04-01 16:55

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