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LG Electronics is grappling with anticipated tariffs from the administration of US President Donald Trump on imported televisions. However, building a new manufacturing facility in the US immediately would be challenging due to logistical hurdles, an official said Tuesday. Baik Sun-pil, the LG Electronics vice president leading the company’s TV product planning division, made the remarks as the company unveiled its 2025 lineup of organic light-emitting diode and quantum nanocell-emitting diode T
LG CNS said Monday that it has entered into an artificial intelligence transformation partnership with Canada-based Cohere. Under the agreement, LG CNS plans to customize Cohere's agentic AI solution, North, and provide enterprise-tailored services in an on-premise deployment model. Agentic AI is a technology that goes beyond simple question-and-answer interactions, enabling AI to autonomously plan, execute and evaluate actions iteratively to solve complex problems. Cohere, founded by former Goo
Kim Dong-myung, CEO of LG Energy Solution and chairman of the Korea Battery Industry Association, stated Wednesday that the company is well-positioned to benefit from its extensive US production facilities, despite the tariff threats from President Donald Trump. “The tariff policies of the new US administration fundamentally encourage domestic production,” Kim said during a press briefing at the InterBattery 2025 exhibition in Gangnam, Seoul. “We intend to capitalize on our US factories effectiv
LG CNS said Tuesday it has established a task force in collaboration with Amazon Web Service to support companies facing technological, cost and time constraints in adopting generation AI services. The AWS-LG CNS GenAI Launch Center aims to develop 100 enterprise-level generative AI services rapidly and cost-effectively. LG CNS has secured multiple AI transformation projects in the financial sector, including banking, insurance, securities and credit card services, while expanding its presence i
Koo Kwang-mo's trip comes as LG Electronics eyes India as key growth driver and prepares for IPO LG Group Chairman Koo Kwang-mo recently visited India as part of the group's crown jewel, LG Electronics' efforts to explore future growth strategies and expand market presence in the region. His trip came as LG Electronics prepares for the IPO of its Indian unit this year, valued at approximately $15 billion, in a bid to tap into the bustling Indian capital market. According to LG Group on Tuesday,
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