South Korea’s LG Electronics Inc. has acquired a controlling stake in US-based TV data analysis startup Alphonso Inc. to strengthen its software and service capabilities in its smart TV lineup.With an investment of about $80 million, the Korean electronics giant will become Alphonso&rsqu
LG Electronics Inc. and Magna International Inc. will form a $1 billion joint venture to build electric car components as the tech companies tap into the growing global demand for electric vehicles.LG, a unit of South Korea’s fourth-largest conglomerate, said in a regulatory filing on De
With South Korea’s stock market indexes at or near all-time highs, finding bargains in the market is a daunting task.Growth stocks such as battery, bio, Internet and gaming (BBIG) have been market darlings throughout the year, raising valuation concerns. With signs of an economic rebound
LG Electronics Inc.’s quarterly operating profit and sales surged thanks to solid growth in its television and home appliance segments and smaller smartphone losses.The South Korean consumer electronics giant said on Oct. 30 its third-quarter operating profit rose 23% on a year-on-year basis t