LG Corporation

Shu Lea Cheang Selected as the 2024 LG Guggenheim Award Recipient

Retrieved on: 
Monday, March 4, 2024

SEOUL, South Korea, March 4, 2024 /PRNewswire/ -- The Solomon R. Guggenheim Museum and LG proudly announce Shu Lea Cheang as the 2024 LG Guggenheim Award recipient.

Key Points: 
  • SEOUL, South Korea, March 4, 2024 /PRNewswire/ -- The Solomon R. Guggenheim Museum and LG proudly announce Shu Lea Cheang as the 2024 LG Guggenheim Award recipient.
  • "Shu Lea Cheang was one of the first to recognize the liberatory potential of the digital realm.
  • "LG is delighted to join the Guggenheim in honoring Shu Lea Cheang with the second LG Guggenheim Award.
  • LG commends the award jury's recognition of Shu Lea Cheang's daring foresight," states Seol Park, Head of Brand Management at LG Corp.
    Cheang (b.

LG Innotek launches a drive to preoccupy the autonomous vehicle camera market with the development of "High-performance Heating Camera Modules"

Retrieved on: 
Monday, February 26, 2024

LG Innotek has adopted a strategy to launch a full-fledged drive to preoccupy the autonomous vehicle camera market.

Key Points: 
  • LG Innotek has adopted a strategy to launch a full-fledged drive to preoccupy the autonomous vehicle camera market.
  • The Heating Camera is a product made by mounting a heater on an Advanced Driver Assistance Systems (ADAS) camera.
  • The most important feature of the "High-performance Heating Camera Module" LG Innotek developed is that it uses Positive Temperature Coefficient (PTC) materials.
  • "Slated for production in 2027, the module is expected to accelerate LG Innotek's engagement in the autonomous vehicle camera market."

LG Innotek launches a drive to preoccupy the autonomous vehicle camera market with the development of "High-performance Heating Camera Modules"

Retrieved on: 
Monday, February 26, 2024

LG Innotek has adopted a strategy to launch a full-fledged drive to preoccupy the autonomous vehicle camera market.

Key Points: 
  • LG Innotek has adopted a strategy to launch a full-fledged drive to preoccupy the autonomous vehicle camera market.
  • The Heating Camera is a product made by mounting a heater on an Advanced Driver Assistance Systems (ADAS) camera.
  • The most important feature of the "High-performance Heating Camera Module" LG Innotek developed is that it uses Positive Temperature Coefficient (PTC) materials.
  • "Slated for production in 2027, the module is expected to accelerate LG Innotek's engagement in the autonomous vehicle camera market."

South Korea LED Lighting Market to witness 7.4% CAGR growth, Segmentation by Application (Residential, Commercial, Industrial, Outdoor, and Others) and Product (LED lamps and LED luminaires)- Technavio

Retrieved on: 
Tuesday, February 20, 2024

Light pipes, light rings, LED pin spotlights, and diffuser lenses are integral components of ambient lighting, integrated into various parts of the vehicle interior.

Key Points: 
  • Light pipes, light rings, LED pin spotlights, and diffuser lenses are integral components of ambient lighting, integrated into various parts of the vehicle interior.
  • One of the primary drivers of the expansion of the LED lighting market in South Korea is the increasing demand from the automotive sector.
  • LED Lighting Market in North America: The LED lighting market in North America is projected to grow by USD 5.81 billion with a CAGR of 9.1% during the forecast period 2021 to 2026.
  • Brazil LED (Light Emitting Diode) Lighting Market: The Brazil LED (light emitting diode) lighting market is estimated to grow at a CAGR of 11.64% between 2022 and 2027.

Strategic Alliance Between Scenera and S&I Corp. Sparks Synergies in Joint Product Development and GTM Strategies

Retrieved on: 
Tuesday, February 13, 2024

PALO ALTO, Calif. and SEOUL, South Korea, Feb. 13, 2024 /PRNewswire/ -- Scenera, specializing in AIoT data orchestration from edge to cloud with its AI Topology Management, and S&I Corp., a leading provider of total building solutions and renowned experts in space management in Korea, together announce their business collaboration, signaling another notable milestone in their ongoing successful partnership to advance co-branded facility management solutions across various industries. Leveraging innovative cloud-based AI technology and services on Microsoft Azure, they are set to deliver cutting-edge solutions that enhance data-driven facility and retail operations worldwide.

Key Points: 
  • The partnership goes beyond mere product creation, encompassing joint efforts in go-to-market (GTM) strategy, shared promotional activities and co-developed and co-branded initiatives.
  • Together, the collaborators will devise and implement a comprehensive global GTM plan focusing on the flawless melding of their products and services.
  • Microsoft endorses this strategic partnership and provides support through its suite of services, including advanced offerings like Azure OpenAI.
  • These resources further enhance the successful integration of SANDI and MAIstro into commercial SaaS solutions for retail operations and facility management services.

Annual Anaqua Data Report Finds 2023 Patent Grant Volume Holds Steady

Retrieved on: 
Tuesday, January 23, 2024

BOSTON, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Anaqua , the leading innovation and intellectual property (IP) management technology provider, today announced its annual analysis of USPTO data using its advanced AcclaimIP patent analytics software.

Key Points: 
  • BOSTON, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Anaqua , the leading innovation and intellectual property (IP) management technology provider, today announced its annual analysis of USPTO data using its advanced AcclaimIP patent analytics software.
  • Shayne Phillips, Director, Analytics Solutions, AcclaimIP, said, “Our annual patent report examining the USPTO’s data shows a resilience and a consistency amongst the inventive community and companies seeking to protect their innovations.
  • To learn more about Anaqua’s AcclaimIP solution, visit acclaimip.com
    The data for this report was analyzed by Anaqua’s patent search and analytics software tool AcclaimIP , leveraging public patent information from the USPTO.
  • The metric used to determine innovative organizations is patent applications published and granted applications over a 12-month period between December 1, 2022 and November 30, 2023.

Global Electric Vehicle (EV) Charging Communication Unit Market 2023-2032: Technological Advancements and Smart Charging Solutions, and Standardization and Interoperability Emerge as Key Drivers - ResearchAndMarkets.com

Retrieved on: 
Tuesday, January 23, 2024

The primary driver of the EV charging communication unit market is the escalating adoption of electric vehicles.

Key Points: 
  • The primary driver of the EV charging communication unit market is the escalating adoption of electric vehicles.
  • The global EV charging communication unit market is currently experiencing a substantial transformation owing to the rapid adoption of electric vehicles (EVs) on a global scale.
  • BEVs dominate the EV charging communication unit market due to advancements in battery technology, government policies, and environmental awareness.
  • China's Leadership in the EV Charging Communication Unit Market:
    China leads the global EV charging communication unit market due to its significant production and adoption of EVs and charging infrastructure.

LG Innotek accelerating its entry into autonomous driving and XR markets

Retrieved on: 
Wednesday, January 24, 2024

SEOUL, South Korea, Jan. 24, 2024 /PRNewswire/ -- LG Innotek joins hands with a global lens manufacturing corporation to spur its penetration into the market for cameras for autonomous driving and optical components for extended reality (hereinafter, XR).

Key Points: 
  • SEOUL, South Korea, Jan. 24, 2024 /PRNewswire/ -- LG Innotek joins hands with a global lens manufacturing corporation to spur its penetration into the market for cameras for autonomous driving and optical components for extended reality (hereinafter, XR).
  • LG Innotek decided to make this investment to raise its product competitiveness as well as strengthen business competitiveness in optical solutions.
  • LG Innotek's strategy is to expand its capabilities and technologies in the Optics solution business accumulated with its global no.1 smartphone camera modules into new areas such as vehicles and XR.
  • With this investment serving as an opportunity, LG Innotek will actively push ahead with the partnership with external companies and strengthen its business competitiveness.

LG Innotek accelerating its entry into autonomous driving and XR markets

Retrieved on: 
Wednesday, January 24, 2024

SEOUL, South Korea, Jan. 24, 2024 /PRNewswire/ -- LG Innotek joins hands with a global lens manufacturing corporation to spur its penetration into the market for cameras for autonomous driving and optical components for extended reality (hereinafter, XR).

Key Points: 
  • SEOUL, South Korea, Jan. 24, 2024 /PRNewswire/ -- LG Innotek joins hands with a global lens manufacturing corporation to spur its penetration into the market for cameras for autonomous driving and optical components for extended reality (hereinafter, XR).
  • LG Innotek decided to make this investment to raise its product competitiveness as well as strengthen business competitiveness in optical solutions.
  • LG Innotek's strategy is to expand its capabilities and technologies in the Optics solution business accumulated with its global no.1 smartphone camera modules into new areas such as vehicles and XR.
  • With this investment serving as an opportunity, LG Innotek will actively push ahead with the partnership with external companies and strengthen its business competitiveness.

Global Electric Vehicle (EV) Charging Communication Unit Analysis Report 2023: Market to Reach $1.536 Billion by 2032 - Charging Infrastructure Developments at the Forefront of Growth

Retrieved on: 
Tuesday, January 23, 2024

The primary driver of the EV charging communication unit market is the escalating adoption of electric vehicles.

Key Points: 
  • The primary driver of the EV charging communication unit market is the escalating adoption of electric vehicles.
  • The global EV charging communication unit market is currently experiencing a substantial transformation owing to the rapid adoption of electric vehicles (EVs) on a global scale.
  • Influence of Passenger Vehicles on EV Charging Communication Unit (CCU) Market:
    The growth of the EV charging communication unit market is driven by the increasing shift towards electric vehicles (EVs) as the preferred mode of daily transportation.
  • China's Leadership in the EV Charging Communication Unit Market:
    China leads the global EV charging communication unit market due to its significant production and adoption of EVs and charging infrastructure.