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LG Energy, EV and Demand Risks
Battery Maker LG Energy Slashes Spending on EV Demand Risks
Battery maker LG Energy Solution Ltd. said it will make major cuts to spending this year, though it expects a rebound in sales, as major uncertainties hang over the global electric vehicle sector.
LG Energy Solution Reports Quarterly Loss Amid EV Market Slowdown
South Korean battery giant LG Energy Solution (LGES) has reported its first quarterly loss in three years, citing slowing electric vehicle (EV) demand. The company posted an operating loss of 226 billion won ($158
LG Energy Solution flags slowing EV demand, posts first quarterly loss in 3 years
SEOUL (Reuters) -South Korean battery firm LG Energy Solution (LGES) said it expected electric vehicle demand growth to slow in the near-term, as it posted on Friday a quarterly loss for the first time in three years.
LG Energy Solution cuts capex on slowing EV demand after Q4 loss
By Joyce Lee and Hyunjoo Jin 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,
8h
on MSN
LG Electronics takes majority stake in Bear Robotics, reportedly valuing startup at $600M
LG Electronics is betting on robotics as its next big growth driver. The South Korean electronics company said on Friday that ...
AV Network
11h
LG Acquires Majority Stake in Bear Robotics
Strategic investment aims to accelerate innovation across LG’s commercial, home, and industrial robot solutions.
13d
LG's SP Baik on the wireless QNED evo series and the vision behind it – CES 2025 interview
LG Electronics continued to push the boundaries of television technology with the announcement of the wireless QNED evo ...
10h
Watch the Super Bowl 59 on a brand-new LG OLED TV for an incredible price of $599.99
The LG B4 is one of the most affordable OLED TVs on the market; especially since Best Buy has the 48-inch model back down to ...
3d
One of LG’s best OLED TVs is cheaper than ever, just in time for the Super Bowl
It has four HDMI 2.1 ports (versus two in the B3, though the B4 has four as well), letting your consoles and PC output at 4K ...
13d
I saw LG's StanbyMe 2 TV, and it's better than its viral successor in almost every way
It won't hit the market yet, but the LG StanbyMe 2 strikes the right balance of quirkiness, innovation, and performance -- ...
13d
on MSN
LG’s new four-stack OLED could be a game changer for TVs — here’s why
So brightness and color upgrades are seemingly there, but LG is claiming its new four-stack OLED structure is also more energy efficient. LG says the 65-inch LG G5 OLED is rated 164W in energy ...
11d
on MSN
LG says 22% of gaming monitors are OLED displays
After just two years, more than a fifth of PC gaming monitors use upgraded OLED panels, according to a pre-CES briefing.
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