LG Uplus Corp., South Korea's third-largest mobile carrier, said Wednesday it has rebranded its K-pop content platform and has newly enabled official foreign language support for foreign users. The company's U+ Idol Live platform has been renamed as Idol Plus and its menu and subtitles now officially support English, Chinese, Japanese, Thai and Indonesian, in addition to Korean. LG Uplus said it has analyzed overseas customer usage during its beta web service period since November in s

South Korean shares opened higher Monday amid lingering concerns that the global economy is teetering on the brink of a recession. The benchmark Korea Composite Stock Price Index added 9.94 points, or 0.42 percent, to trade at 2,403.08 in the first 15 minutes of trading. Foreigners and institutions went on a buying mode, while retail investors sold shares. Last Friday, U.S. stocks ended lower on tech losses. The Dow Jones Industrial Average fell 0.43 percent, the tech-heavy Nasdaq Composite decr

South Korean stocks ended higher Wednesday, as investor sentiment was boosted by Wall Street gains and the expected resumption of Russian gas to Europe. The Korean won gained ground against the U.S. dollar. The Korea Composite Stock Price Index rose 15.88 points, or 0.67 percent, to close at 2,386.85. Trading volume was moderate at 328.96 million shares worth 7.36 trillion won ($5.61 billion), with gainers outstripping decliners 630 to 228. Retail investors picked up shares worth a net 65.73 bil

Link enhances the usability of JupyterLab, offering more readable pipelines and improved collaboration while eliminating Kubernetes' technological hurdles. SEOUL, South Korea, June 28, 2022 /PRNewswire/ -- MakinaRocks, an AI-based startup specializing in manufacturing and industrial solutions, today launched a community version of its AI and Machine Learning (ML) modeling tool MakinaRocks Link™ (hereafter referred to as "Link"), making their industry-changing technology available fo

CANCUN, Mexico, June 27, 2022 /PRNewswire/ -- Together with GSMA Intelligence and ITU, Huawei hosted the LATAM ICT Congress 2022, aiming to build a global industry communication platform and promote the rapid development of 5G and digital transformation in Latin America. Representatives from operators, regulators, industry organizations, 5G ecosystem partners, analysts, and media partners attended the congress. LATAM ICT Congress 2022 Focusing on the theme — MBB Lighting up Digit

Seoul shares opened higher Monday, tracking gains on Wall Street last week, with investors staying cautious about high inflation and further rate hikes. The Korea Composite Stock Price Index (KOSPI) rose 10.35 points, or 0.44 percent, to 2,376.95 in the first 15 minutes of trading. On Friday, the Dow Jones Industrial Average rose 2.7 percent to 31,500.68 points and the tech-heavy Nasdaq climbed 3.3 percent to 11,607.62 points. In Seoul, technology stocks were lead gainers. Market bellwether Sams

LEXINGTON, Mass., May 27, 2022 /PRNewswire/ -- CAMX Power LLC (CAMX) announces it consented to Johnson Matthey Plc (JM) transferring its GEMX® and CAM-7® cathode license to EV Metals Group Plc (EVM). JM had previously obtained the license from CAMX, practicing it in its cathode business. JM has made the license part of the sale of its cathode business to EVM. "When JM announced its exit from this sector in November 2021, CAMX was informed that the decision was based on JM's stra

Rainer Zietlow sets a new record for the highest climb in an electric vehicle The electric vehicle, powered by LG Energy Solution's battery cells and modules, reaches an altitude of 5,816 meters on Bolivian volcano SEOUL, South Korea, May 24, 2022 /PRNewswire/ -- LG Energy Solution (LGES; KRX: 373220) became a part of history today, as Rainer Zietlow, a world-record driver, set another world record with an electric vehicle powered by LGES batteries. Zietlow and his Challenge4 team

The largest single EV battery manufacturing facility in Europe recognized for running on 100% renewable energy The company's entire global operations to pursue RE100, in addition to reusing and recycling batteries, to counter climate change SEOUL, South Korea, May 4, 2022 /PRNewswire/ -- LG Energy Solution (LGES; KRX: 373220) today announced that its manufacturing facility in Wroclaw, Poland, has won the Electromobility (E-Mobility) Leader 2021 Award for its contributions to z

Police have referred about 30 employees of the battery maker SK Innovation Co. to the prosecution on charges of stealing electric vehicle technology secrets from rival firm LG Energy Solution Ltd., officials said Thursday. They were among about 100 former LG employees, who moved to SK between 2017 and 2019 and sparked a trade secrets dispute between the two companies. LG claimed SK scouted its employees to gain trade secrets on EV batteries after coming late to the market. LG took the case to th

South Korean stocks opened lower Friday amid still ongoing tensions surrounding Ukraine and rising inflation risks. The benchmark Korea Composite Stock Price Index fell 21.6 points, or 0.78 percent, to trade at 2,736.05 points as of 9:15 a.m. Stocks dropped as Russia's attack on the Ukrainian city of Mariupol fueled pessimism about the two country's peace talks. Most large caps traded lower in Seoul. Market bellwether Samsung Electronics lost 0.72 percent, and No. 2 chipmaker SK hynix declined 0

New LG Energy Solution factory for cylindrical batteries to be built with KRW 1.7 trillion investment Construction to begin in the second quarter of 2022, with mass production to start in 2024 with production capacity of 11GWh SEOUL, South Korea, March 24, 2022 /PRNewswire/ -- LG Energy Solution (LGES; KRX: 373220) today announced that the company is investing KRW 1.7 trillion for the construction of a new cylindrical battery factory in Queen Creek, Arizona. The newly announced plant wi

INCHEON -- When the SSG Landers signed former major league infielder Kevin Cron in December, they probably didn't think he'd be hitting below the Mendoza Line about halfway through the preseason. With the start of the regular season less than two weeks away, Cron is batting 3-for-19 (.158) with a home run and three RBIs in seven games in his first spring in the Korea Baseball Organization (KBO). The preseason will wrap up next Tuesday, with the regular season starting on April 2. Cron

Foreign ownership of South Korean stocks fell to a six-year low, bourse data showed Sunday, as overseas investors preferred safer assets in the wake of the Ukraine crisis and ahead of a widely expected US rate hike. As of Friday, foreign investors held 666 trillion won (U$538 billion) worth of local stocks on the main KOSPI, accounting for 31.86 percent of the entire 2,091 trillion-won market capitalization, according to the data compiled by the Korea Exchange (KRX). The foreign ownership shrank

LEXINGTON, Mass., March 7, 2022 /PRNewswire/ -- LG Energy Solution Ltd. (LGES; KRX: 373220) and CAMX Power LLC (CAMX) announce that LGES has obtained a license under the intellectual property of CAMX relating to the GEMX® platform of nickel based high energy high power cathode materials for use in lithium-ion batteries especially for electric vehicles (EVs). The GEMX platform is based on fundamental inventions of CAMX for which key patents have been granted globally i