Kansas City Royals catching prospect Um Hyung-chan was named the top South Korean high school catcher of the year Thursday. Um was the winner of the Best Catcher category at the sixth annual Lee Man-soo Awards, named after the Korea Baseball Organization (KBO) catching legend. Um, backstop for Gyeonggi Commercial High School in Seoul, signed with the Royals in July. He batted .390/.446/.585 with three home runs, 30 RBIs and 22 runs scored in 21 games in 2022. Um has also been known for a stron

Seoul shares extended their losing streak to a fourth day Wednesday amid concerns the Federal Reserve may keep its aggressive monetary tightening following solid U.S. economic data. The Korean won fell against the U.S. dollar. The benchmark Korea Composite Stock Price Index retreated 10.35 points, or 0.43 percent, to 2,382.81. Trading volume was moderate at 323.9 million shares worth 5.9 trillion won ($4.5 billion), with decliners outnumbering gainers 540 to 311. Institutions and foreigners sold

SEOUL, South Korea, Nov. 17, 2022 /PRNewswire/ -- VisualCamp, a member of the Born2Global Centre (CEO Kim Jong-kap), and an artificial intelligence (AI)-based eye-tracking technology startup, announced on the 17th of this month that it has won the CES Innovation Award of CES 2023, the world's largest electronics fair, which will be held in Las Vegas from January 5 to 8 next year. VisualCamp won the award last year, in the "Software and Mobile Apps" category, for its eye-tra

Azul stepping up its channel investments to meet strong growth in demand for high performance and more cost-efficient Java alternatives SINGAPORE, Nov. 14, 2022 /PRNewswire/ -- Azul, the only company 100% focused on Java, today announced its first distribution deal in Australia/New Zealand (ANZ) and the ASEAN region with the appointment of NEXTGEN. The appointment follows the recent expansion of Azul's global partner program, "Partner with Purpose". The program pro

LGES to be supplied with 40 percent of Compass Minerals' annual lithium carbonate production over six years, expected to start in 2025 The partnership embodies LGES's efforts in securing a stable critical mineral supply chain in North America while promoting a sustainable value chain SEOUL, South Korea, Nov. 11, 2022 /PRNewswire/ -- LG Energy Solution (LGES; KRX: 373220) signed a binding offtake agreement this week on the purchase of battery-grade lithium carbonate with Compass Minerals

Azul Vulnerability Detection detects known vulnerabilities in Java applications in production with no performance penalty and eliminates false positives Extends software supply chain security to production with agentless cloud service, delivering observability of vulnerabilities at the actual point of use Addresses increasing risk of attacks on enterprise software supply chains, which are expected to triple by 2025 and are compounded by severe vulnerabilities such as Log4j that continue

LG Energy Solution posts the quarterly revenue of KRW 7.648 trillion and operating profit of KRW 522 billion in 3Q, 2022 Strong quarterly performance made possible by enhanced profitability across all product line-ups and favorable exchange rate The company to secure global leadership and enhance profitability through its business strategies targeting the North American market SEOUL, South Korea, Oct. 26, 2022 /PRNewswire/ -- LG Energy Solution (LGES; KRX: 373220) today announced its t

LGES diversifies its supply chain of natural graphite, one of key battery materials with the least diverse supply chain  The company continues to boost competitiveness and stability of its critical mineral supply chain in North America through a series of partnerships SEOUL, South Korea, Oct. 20, 2022 /PRNewswire/ -- LG Energy Solution (LGES; KRX: 373220) announced it signed a non-binding Memorandum of Understanding (MoU) on October 19 with Syrah Resources Limited (Syrah; ASX:SYR) o

LG Group Chairman Koo Kwang-mo visited a joint venture between the group‘s battery making affiliate and U.S. carmaker General Motors Co. in Ohio, industrial sources said Tuesday. 　 　Koo has recently toured the No. 1 plant of Ultium Cells LLC, a joint venture between GM and LG Energy Solution Ltd. that hived off from LG Chem last year, according to the sources. 　 　Ultium Cells’ No. 1 plant is set to produce EV batteries during the second half of the year, with two more plants under c

Awarded the GM 'Supplier Quality Excellence Award' of the U.S. for 5 consecutive years. The company proved the globally competitive quality of its automotive components. Innovate customer experience by next-generation automotive components with perfect quality. SEOUL, South Korea, Sept. 20, 2022 /PRNewswire/ -- On September 20, LG Innotek (CEO, Cheol-Dong Jeong) has been recognized for the quality of its vehicle components as the company has won the best supplier award from U.S.-base

LG Uplus, South Korea’s third-largest telecom operator by market share, has pledged to increase the sales proportion of non-telecommunication services to 40 percent of the total by 2027 with a focus on developing platform businesses. “Now moving beyond the area of traditional telecom businesses, we are looking to open up the era of ‘U+3.0’ that creates data- and technology-based platforms and services centered around customers to discover future growth engines,” sa

Company to Introduce Unique Character Figures and Toy Home Appliances During Berlin's Annual Tech Showcase BERLIN, Sept. 2, 2022 /PRNewswire/ -- LG Electronics (LG) in collaboration with PLAYMOBIL®, Germany's renowned toy manufacturer, is set to unveil an exclusive collection of LG-themed toys at IFA 2022 in Berlin. The adorable, new figures and toy appliances will be available from next year at a series of online and offline events aligned with LG's commitment to creating F.U.N (Firs

SEOUL, South Korea, Aug. 31, 2022 /PRNewswire/ -- Today, Great Place to Work® announced its 2022 Best Workplaces in Asia. The list is based on over 1 million survey responses across Asia and the Middle East, representing the experience of more than 4.7 million employees in the region. This recognition is based on confidential survey data assessing employee experiences of trust, innovation, company values and leadership. Companies are also evaluated on how well they are cre

South Korean stocks finished higher Tuesday, as investors moved to buy beaten-down shares while digesting the possibility of the U.S. Federal Reserve keeping its aggressive monetary tightening stance. The Korea Composite Stock Price Index (KOSPI) rose 24.04 points, or 0.99 percent, to close at 2,450.93. Trading volume was rather slim at 327.21 million shares worth 6.69 trillion won ($4.97 billion), with winners far outnumbering losers 647 to 208. Institutions and foreign investors unloaded a net

SEOUL, South Korea, Aug. 29, 2022 /PRNewswire/ -- LG Energy Solution (LGES; KRX: 373220) and Honda Motor Co., Ltd. (NYSE:HMC) today announced an agreement to establish a joint venture (JV) company to produce lithium-ion batteries in the U.S. to power Honda and Acura EV models for the North American market. With this agreement, LGES and Honda will invest a total of USD $4.4 billion and establish a new JV plant in the U.S. The plant aims to have an annual production capacity of approximatel