LG Chem is leading the nation's growth hormone market with its award-winning mobile app, EuDi. According to the company, EuDi won the iF Design Award 2024 in the user experience category in March. It was the only pharmaceutical company to win the honor among 521 winners since 2021, in an arena traditionally dominated by consumer electronics, telecoms and automotive sectors. Launched in 2019, th...

LG Display won the award with its Meta Technology 2.0, its third-generation OLED display technology that enhances the peak brightness of OELD displays by 42 percent to the industry's brightest 3,000 units. This enables rich and true-to-nature colors on screens, the company said. The Meta Technology has incorporated MLA+, a pattern of 42.4 billion micro lenses based on a 77-inch 4K display, along...

Korea's top battery maker vows to enhance EV safety amid fears of fire

The inaugural Automation World Vietnam, a trade show dedicated to smart factory solutions and automation, will be held in Binh Duong Province, north of Vietnam's Ho Chi Minh City, from Sept. 25 to 27, event host Coex said Wednesday. The upcoming event will be the first Automation World expo held outside Korea. AW, hosted by Coex, which operates a convention center under the same name in Seoul, i...

Former No. 2 portal site now falls behind Naver, Google, Microsoft's Bing

While Samsung Electronics maintained its No. 1 position as a TV-maker in the first half of this year, Chinese rivals seem to be ramping up their game to close the gap. Market tracker Counterpoint Research said Monday that global TV shipments grew in the April-June period for the first time in four quarters, fueled by an Olympics spending spree. It reached 56 million units in the second quarter t...

SK hynix, the world’s No. 2 memory chipmaker, was the only company that elevated its market share in the soaring global DRAM market in the second quarter of this year, according to market tracker TrendForce Friday. In the April-June period, DRAM sales totaled $22.9 billion, a 24.8 percent jump from the previous quarter. Samsung Electronics, the world’s largest memory chipmaker, retained its No....

Automotive, battery firm CEOs score hefty incentives

Samsung Electronics has retained its leading position in Southeast Asia’s major smartphone markets, but faces fiercer competition from Chinese rivals with cheaper pricing, according to an industry report Thursday. In the April-June period, Samsung held an 18 percent market share in five major countries -- Indonesia, the Philippines, Thailand, Vietnam and Malaysia -- according to the report by ma...

LG Display showcased its latest OLED panels that have been made bigger and optimal for automotive infotainment displays at its booth set up under the theme of "A Better Future." Showcasing the large OLED display panels, LG introduced an 83-inch OLED TV panel that has been made with new technology it has developed for the past decade, dubbed Meta Technology 2.0. With cutting-edge technology, LG ...

LG Display is expected to get out of the red in the latter half of this year, largely buoyed by its increased panel shipments for Apple's new iPhones that debut next month, according to industry sources on Tuesday. Local researchers painted a rosy outlook for LG Display, which has begun stable production of the first batch of the panels for the new iPhone 16 series. The Korean panel maker is sai...

By Kim Jun-hong ( hongie@heraldcorp.com )

IT giant will maintain position as largest shareholder of Line, CEO says

LG Innotek announced Thursday that it will expand the integration of digital twin technology throughout its operations in partnership with Ansys, a US engineering simulation software developer. Digital twin technology recreates physical objects in a virtual space to simulate real-world scenarios using computer models, thereby predicting outcomes and cutting manufacturing time and costs. Ansys i...

Amid prolonged leadership vacuum, tech giant to focus on KakaoTalk, AI as key growth drivers