Tag: Magna

Magna

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LG, Magna co-develop integrated module for infotainment, ADAS

LG Electronics and Magna announced Thursday they have co-developed an integrated module for an in-vehicle infotainment system and advanced driver assistance system (ADAS).

2024.1.4

LG Electronics and Magna will jointly develop a prototype for an autonomous driving system. [LG ELECTRONICS]

LG Electronics, Magna International to jointly develop autonomous driving technologies

The goal is to develop prototypes for autonomous driving systems, leveraging LG Electronics’ infotainment technologies and Magna’s specialty in the active safety system.

2023.1.4

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Executives from LG Magna e-Powertrain, LG Electronics and Magna Powertrain attend a ground-breaking ceremony on April 19. [LG ELECTRONICS]

LG Electronics JV breaks ground on Mexico EV parts plant

LG Magna e-Powertrain, a joint venture between LG Electronics and Magna International, has broken ground on a $100 million electric vehicle (EV) component plant in Mexico.

2022.4.20

An image for a joint venture between LG Electronics and Magna International. [LG ELECTRONICS]

LG companies appoint young leaders amid challenges

LG Corp. and related companies are being led by a new round of relatively young executives as competition intensifies and the business landscape is changing.

2021.6.29

LG Twin Tower in Yeouido, western SeouL. [YONHAP]

[NEWS IN FOCUS] LG's new priority: auto parts that don't lose money

LG Electronics’ exit from the money-bleeding smartphone business will immediately stanch trillions of won in losses and allow reallocation of corporate funding to more profitable sectors.

2021.4.5

An image released to promote a joint venture between LG Electronics and Magna. [LG ELECTRONICS]

LG will spin off EV powertrain business

LG Electronics shareholders approved the spin-off of an electric vehicle (EV) powertrain unit, part of a plan to set up a joint venture with Canadian automotive supplier Magna International.

2021.3.24

LG plan to cut back and refocus gives shares a boost

Next week’s shareholder meetings at LG Corp. and its key affiliates are gaining more attention than usual as investors will likely vote on a number of major issues including the spin-off of multiple affiliates.

2021.3.17

LG Electronics announces joint venture for EV parts

LG Electronics will establish a $1 billion joint venture with Canadian automotive supplier Magna International, the company said on Wednesday, a major bet on the automotive parts business for electric vehicles (EVs).

2020.12.23

An image for a joint venture between Magna and LG Electronics. [LG ELECTRONICS]

LG Electronics announces joint venture for EV parts

LG Electronics will establish a $1 billion joint venture with Canadian automotive supplier Magna International on Wednesday, a major bet on the automotive parts business for electric vehicles (EVs).

2020.12.23

Tag: Magna

Magna

Latest News

LG, Magna co-develop integrated module for infotainment, ADAS

LG Electronics, Magna International to jointly develop autonomous driving technologies

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LG Electronics JV breaks ground on Mexico EV parts plant

LG companies appoint young leaders amid challenges

[NEWS IN FOCUS] LG's new priority: auto parts that don't lose money

LG will spin off EV powertrain business

LG plan to cut back and refocus gives shares a boost

LG Electronics announces joint venture for EV parts

LG Electronics announces joint venture for EV parts