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LG Electronics Inc (066575.KS)

066575.KS on Korea Stock Exchange

27 Jun 2017
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₩-1,250.00 (-2.95%)
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Latest Key Developments (Source: Significant Developments)

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

More From Around the Web

BRIEF-Parkervision says middle district of Florida granted co's request to reopen patent infringement case against Apple, LG and Qualcomm

* Parkervision -middle district of Florida granted co's request to lift stay and reopen its patent infringement case against Apple, LG and Qualcomm