LG, Energy Solution

LG Energy Solution flags slowing EV demand, posts first quarterly loss in 3 years
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.
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 Posts Quarterly Loss for the First Time in Three Years
In a New Year message early this month, LG Energy Solution CEO Kim Dong-myung said he expected the EV market would recover after 2026, while also warning of challenges such as the
LG Energy Solution cuts capex on slowing EV demand after Q4 loss
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 posting a quarterly loss for the first time in three years.
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 to cut spending amid EV sector uncertainties
LG Energy Solution Ltd., a key supplier to automakers such as General Motors Co (NYSE:GM)., Tesla (NASDAQ:TSLA) Inc., and Volkswagen AG (OTC:VWAGY), announced plans to significantly reduce its capital expenditure by 20% to 30% this year.
‘This is a fire waiting to happen’: Woman cleans lint trap regularly. Then she opens up her LG dryer
She began by unscrewing the lint trap housing. After lifting it out of the dryer she was shocked to find almost an entire ...
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 ...
LG's best budget OLED TV just dropped back to its record-low price
We still have the LG B4 listed as the best budget option in our guide to the best OLED TVs, so we're definitely going to call ...
Nigerian Tribune6h
LG financial autonomy: Saboteurs in Tinubu’s govt behind delayed implementation — NULGE
The National Union of Local Government Employees (NULGE) has accused saboteurs in President Tinubu's government of using ...
A rundown of the new LG TVs from CES, plus some deals on old ones
PM EST LG dropped new versions of its flagship OLED and QNED TVs at CES, pushing discounts up to $1,500 on 2023 and 2023 ...
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LG’s 55-Inch B3 OLED Is Back to Lowest Price on Walmart, Cheaper Than Black Friday
LG’s 55-Inch B3 OLED TV is at its lowest price ever at Walmart, undercutting even Black Friday's deal. You can now upgrade to ...
This LG 55-inch B3 Series OLED markdown is the deal of all deals!
There’s never been a better time to invest in a new OLED TV. Today, you can score the LG 55-inch B3 Series for only $800 when ...
The 65-inch LG C3 is matching its lowest price
By Quentyn Kennemer, a writer who helps The Verge's readers save money by surfacing the best tech deals and presenting the ...
LG Electronics Slides to Net Loss on Flat Sales
LG Electronics returned to a net loss in the fourth quarter after three consecutive profitable quarters, as weak demand and ...