LG GROUP SPLIT-UP WILL REALIZE ADDITIONAL VALUE FOR ITS SHAREHOLDERS

• LG Group, South Korea's fourth-largest conglomerate, on Tuesday backed off from claims that its planned spin-off of subsidiaries could undermine shareholder value, saying the move will actually be of value to its stockholders.
• LG Group is of the opinion that their sharehold...

LG GROUP’S SENIOR ADVISOR KOO BON-JOON TO SEPARATE FROM LG PARENT GROUP

• LG Group senior advisor Koo Bon-joon is forestalled to leave the group with LG International, LG Hausys and Pantos Logistics.
• This gives a new dimension to the group which can focus more on its electronics, chemical and new businesses and become free from rules and regulations ...

LG RELEASES BUDGET SMARTPHONES TO REVIVE MOBILE BUSINESS

Highlights –

• LG Electronics Inc. releases new budget phones
• 3 new models in the ‘K’ series
• Launch in Europe, Central and South America

On Tuesday, according to a news report in the Yonhap News Agency, LG ...

LG GROUP CHIEF MAKES EMPHASIS ON DESIGN OF PRODUCTS

Highlights –

• LG Group chief visits R&D campus
• Emphasize to create new designs
• LG to bring out varieties in OLED

According to a news report on the Korea Herald, LG Group chief on Tuesday stressed on the design qua...

Korea's Apparel Industry 

South Korea’s outdoor-style enterprise is in “dire” need in step with a document by Korea Bizwire, with manufacturers and shops once the leaders of the fashion industry “slowly fading into obscurity”.

Ashley Son writes that the wolf, the garb associate of L...