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LG Electronics Inc (066570.KS)

066570.KS on Korea Stock Exchange

18 Aug 2017
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₩-600.00 (-0.82%)
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Latest Key Developments (Source: Significant Developments)

LG Electronics USA says U.S. Federal Court awarded more than $168 million in damages to LG Electronics Mobilecomm USA
Thursday, 9 Feb 2017 11:05am EST 

LG Electronics USA : U.S. Federal Court awarded more than $168 million in damages, plus attorneys' fees and interest to LG Electronics Mobilecomm USA .Damages awarded relating to counterfeit wearables case.  Full Article

Avaco signs 6.78 bln won contract with LG Electronics
Tuesday, 20 Dec 2016 12:27am EST 

Avaco Co Ltd <083930.KQ> : Says it signs 6.78 billion won contract with LG Electronics Inc. to provide LCD manufacturing equipments .Says the contract period from Dec. 19 to Mar. 15, 2017.  Full Article

SNtek signs contract worth 12.6 bln won
Tuesday, 28 Jun 2016 11:26pm EDT 

SNtek <160600.KQ> Co., Ltd.: Says it signs contract with LG Electronics <066570.KS> Inc., to provide inline equipment .Contract amount of 12.6 billion won.  Full Article

INVENIA signs contract with LG Electronics Inc.
Thursday, 2 Jun 2016 10:48pm EDT 

INVENIA <079950.KQ> Co.,Ltd.: Says it signed contract with LG Electronics <066570.KS> Inc., to provide OLED manufacture equipment .Contract amount of 31.95 billion won.  Full Article

LG Electronics announces appointment of co-CEO
Friday, 18 Mar 2016 03:34am EDT 

LG Electronics Inc:The change of co-chief executive officers (Co-CEO) from Gu Bon Jun to Jo Jun Ho and Jo Seong Jin, effective March 18.Jeong Do Hyeon still serves as co-CEO in the company as well.  Full Article

LG Electronics declares annual cash dividend for 2015
Friday, 29 Jan 2016 02:55am EST 

LG Electronics Inc:To pay annual cash dividend of 400 won per share of common stock and 450 won per share of preferred stock for 2015.Dividend payment to shareholders of record on Dec. 31, 2015.Total dividend amount of 72,885,443,100 won.  Full Article

LG Electronics Inc - EU regulator hands out 116 mln euros cartel fine for disc drive makers - Reuters
Wednesday, 21 Oct 2015 12:39am EDT 

LG Electronics Inc:The European Commission has handed out a 116 million euros ($131.73 million) fine to producers of optical disc drives, having found them guilty of colluding on price - RTRS.The Commission, which acts as the competition watchdog in the 28-member European Union, said the largest fine of 41.3 million euros was for a joint venture of Toshiba and Samsung Electronics, while Sony 6758.T, Hitachi-LG Data Storage and Quanta Storage were also fined - RTRS."The anticompetitive conduct subject to fines in this case concerns agreements to collude in procurement tenders for optical disk drives for laptops and desktops produced by Dell and Hewlett Packard (HP)," the Commission said in a statement - RTRS.Philips and its joint venture partner Lite-On were also found guilty but not fined because they had alerted regulators to the cartel, the Commission added - RTRS."Millions of EU citizens use devices integrating optical disc drives all the time, for example when storing their favourite pictures on a disc.Keeping these markets competitive is important," European Competition Commissioner Margrethe Vestager said - RTRS."Today's decision demonstrates once again that cartelists cannot escape fines just by holding their meetings in cinemas and car parks outside Europe, while selling their products in Europe," she continued - RTRS.  Full Article

BRIEF-Immersion, LG Electronics expand business relationship

* Immersion and lg electronics expand business relationship to include hd touchsense technology