LG Energy Solution
4 stories
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financeSouth Korea's KOSPI Plunges 8%, Triggering Circuit Breaker on AI Profit Doubts
The benchmark KOSPI index tumbled over 8% Tuesday, triggering a trading halt for the sixth time this year. The sell-off was led by major chipmakers despite record earnings forecasts, as investors questioned the sustainability of the AI-driven rally.
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techLG Energy Solution Reports Loss on Weak North American EV Demand
South Korea's LGES swings to an operating loss in Q1 as EV demand wanes. Revenue slips 2.5%. The firm pivots to ESS for AI data centres.
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techTesla and LG Energy Build $4.3B Battery Plant in Michigan
Tesla and LG Energy Solution secure U.S. government approval for a $4.3 billion LFP battery facility in Lansing, Michigan, aiming to strengthen domestic supply chains by 2027.
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financePalliser Capital Pushes Shareholder Activism in South Korea
London hedge fund Palliser targets LG Chem, citing growing local support for activism amid Korea's 'valuation discount' challenge.