051910.KS - LG Chem, Ltd.

KSE - KSE Delayed Price. Currency in KRW
380,000.00
0.00 (0.00%)
At close: 3:30PM KST
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Previous Close380,000.00
Open380,000.00
Bid379,000.00 x 0
Ask380,000.00 x 0
Day's Range377,000.00 - 382,000.00
52 Week Range302,000.00 - 420,000.00
Volume176,600
Avg. Volume188,992
Market Cap27.805T
Beta (3Y Monthly)0.66
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateApr 29, 2019 - May 3, 2019
Forward Dividend & Yield6,000.00 (1.58%)
Ex-Dividend Date2018-12-27
1y Target Est453,379.00
  • France's Macron unveils plan to give electric battery industry a jolt
    Reuters4 days ago

    France's Macron unveils plan to give electric battery industry a jolt

    France will invest 700 million euros (614 million pounds) over the next five years into projects to boost the European electric car battery industry and reduce its carmakers' reliance on dominant Asian rivals, President Emmanuel Macron said on Wednesday. In a speech to the Paris-based International Organisation of Motor Vehicle Manufacturers, Macron unveiled his strategy to help the French car industry fend off competition on electric vehicles (EV) and autonomous cars from Asian and U.S. tech giants. The plan comes after Germany in November set aside 1 billion euros to support battery cell production to reduce dependence on Asian suppliers and shore up jobs at home that may be at risk from the shift away from combustion engines.

  • Thomson Reuters StreetEvents11 days ago

    Edited Transcript of 051910.KS earnings conference call or presentation 30-Jan-19 7:00am GMT

    Q4 2018 LG Chem Ltd Earnings Call

  • Reuters18 days ago

    S.Korean stocks rise on Apple earnings; Fed rate decision awaited

    Round-up of South Korean financial markets: ** South Korean shares rose 1 percent on Wednesday, buoyed by Apple Inc's earnings, while investors awaited the U.S. Federal Reserve's policy decision due later ...

  • Reuters25 days ago

    Germany to fund research facility for EV battery technology

    The German government will fund a research facility to offer firms in Germany know-how to develop battery cells for electric vehicles (EVs), the science minister said on Wednesday, seeking to compete with Asian producers which dominate the industry. Anja Karliczek said her ministry would invest 500 million euros ($568 million) to support research into both existing and next-generation EV battery cell technology. "The German car industry shouldn't depend on Asian suppliers," Karliczek told a business conference in Berlin.

  • Reuters26 days ago

    Toyota, Panasonic announce battery venture to expand EV push

    Toyota Motor Corp and Panasonic Corp are launching a joint venture next year to make electric vehicle (EV) batteries, leveraging the heft of one of the world's largest automakers and battery makers to expand their EV push. Toyota will own 51 percent of the joint venture, and Panasonic the rest, the two companies said in a joint statement on Tuesday, confirming previous reports. The joint venture, which builds on an initial lithium-ion battery partnership struck between the two companies in late 2017, reflects the aim of the Japanese companies to become a bigger global player in the battery industry, which is vital for the development of affordable EVs.

  • Reuterslast month

    Ford and IBM among quartet in Congo cobalt blockchain project

    Carmaker Ford, technology giant IBM, South Korean cathode maker LG Chem and China's Huayou Cobalt have joined forces in the first blockchain project to monitor cobalt supplies from Democratic Republic of Congo. The pilot, overseen by responsible-sourcing group RCS Global, aims to help manufacturers ensure that cobalt used in lithium-ion batteries has not been mined by children or used to fuel conflict. Companies are under pressure from consumers and investors to prove that minerals are sourced without human rights abuses, but tracking raw materials throughout their journey is challenging.

  • Reuterslast month

    LG Chem to spend $1.07 billion on expanding battery plants in China

    SEOUL (Reuters) - South Korea's LG Chem said on Thursday that it plans to invest a total of 1.2 trillion won ($1.07 billion) to expand its two battery plants in China by 2020 in a bid to meet rising global ...

  • Reuters2 months ago

    South Korea's SK Innovation bets on Europe, China electric vehicle demand

    South Korea's SK Innovation , a supplier of electric vehicle (EV) batteries to Daimler (DAIGn.DE) and Volkswagen (VOWG_p.DE), aims to boost production capacity more than tenfold by 2022, betting on global demand. The company expects the battery business to break even in 2020, a senior manager said at a news conference on Wednesday at the company's plant in Seosan, a three-hour drive from Seoul. The outlook comes days after Mercedes maker Daimler said it would buy battery cells worth more than 20 billion euros ($23 billion) by 2030 as it readies mass production of hybrid and electric vehicles.

  • Reuters2 months ago

    Recharge - LG and Samsung take heart as China flags more open car battery market

    SEOUL/BEIJING (Reuters) - For automotive battery makers LG Chem Ltd and Samsung SDI Co Ltd , the Chinese market has begun to offer promise after painful loss-making investments. The reason for their hardship: a government list of recommended battery suppliers published three years ago that became linked to generous car subsidies and did not include foreign firms. Since then, Chinese rivals led by Contemporary Amperex Technology (CATL) and BYD Co Ltd (1211.HK) have virtually locked up the world's biggest market for electric vehicle batteries.

  • Recharge: LG and Samsung take heart as China flags more open car battery market
    Reuters2 months ago

    Recharge: LG and Samsung take heart as China flags more open car battery market

    SEOUL/BEIJING (Reuters) - For automotive battery makers LG Chem Ltd and Samsung SDI Co Ltd , the Chinese market has begun to offer promise after painful loss-making investments. The reason for their hardship: a government list of recommended battery suppliers published three years ago that became linked to generous car subsidies and did not include foreign firms. Since then, Chinese rivals led by Contemporary Amperex Technology (CATL) and BYD Co Ltd (1211.HK) have virtually locked up the world's biggest market for electric vehicle batteries.

  • Reuters2 months ago

    Australia's Kidman Resources, LG Chem ink lithium hydroxide deal

    Australia's Kidman Resources has signed a preliminary deal to supply lithium hydroxide to LG Chem Ltd of South Korea, Kidman said on Wednesday, as suppliers to the electric vehicle industry rush to secure raw materials for a boom in demand. Kidman will supply 12,000 tonnes of lithium hydroxide a year to the diversified chemicals company for 10 years. Australia is shaping up as a top supplier of lithium and other minerals for electric vehicle batteries and two major new lithium hydroxide plants are due to come on line next year.

  • Reuters2 months ago

    Dutch start-up Lithium Werks considering European battery plant

    Dutch start-up Lithium Werks BV is considering Poland and other European countries for a storage battery plant alongside the 1.6 billion euro ($1.8 billion) one it plans to build in China, founder Kees Koolen told Reuters on Monday. Asian players such as CATL, Samsung and LG Chem have taken a lead in the market by locking in supply deals with manufacturers of electric cars, leaving Europe scrambling to catch up. Sweden's Northvolt is aiming to build Europe's biggest battery cell plant in its home market and said earlier this year it had also partnered with South Bay Solutions, a supplier of U.S. electric carmaker Tesla, to jointly set up a plant in Gdansk in Poland.

  • Reuters2 months ago

    Daimler to buy £18 billion of battery cells for electric car drive

    Daimler (DAIGn.DE) will buy battery cells worth more than 20 billion euros (18 billion pounds) by 2030 as it readies mass production of hybrid and electric vehicles, the maker of Mercedes-Benz cars said on Tuesday. The company is one of a number of German automakers massively expanding in electric vehicles as European regulators clamp down on toxic diesel emissions. "With extensive orders for battery cells until the year 2030, we set another important milestone for the electrification of our future electric vehicles," Wilko Stark, who oversees procurement and supplier quality on the board of Mercedes-Benz Cars, said in a statement.

  • Reuters3 months ago

    South Korea's SK Innovation to build its first U.S. EV battery plant

    South Korea's SK Innovation said on Monday it will spend 1.14 trillion won ($1.01 billion) to build its first electric vehicle (EV) battery plant in the United States to better compete in the global EV battery market. SK Innovation will begin construction in the southeast U.S. state of Georgia in early 2019, with production targeted for 2022, the company said in a statement. Last month, SK Innovation said it was considering building an EV battery plant in the United States to win customers in one of the world's top markets for electric vehicles.

  • Reuters3 months ago

    VW embarks on $50 billion electrification plan

    Volkswagen (VOWG_p.DE) expects to become the most profitable manufacturer of electric cars thanks to a multi-billion euro expansion plan to mass produce battery driven vehicles, Chief Executive Herbert Diess said on Friday. VW will spend almost 44 billion euros ($50 billion) on developing electric cars, autonomous driving and new mobility services by 2023 and explore further areas of cooperation with U.S. automaker Ford. Diess said he hoped to have an outline agreement on cooperation with Ford fleshed out by the end of the year, with the initial focus on commercial vehicles.

  • Reuters3 months ago

    Volkswagen open to joining German battery cell consortium - source

    FRANKFURT (Reuters) - Volkswagen (VOWG_p.DE) is open to joining a German consortium exploring production of electric car battery cells and will discuss the matter at a supervisory board meeting on Friday, ...

  • Reuters3 months ago

    Factbox: Plans for electric vehicle battery production in Europe

    The Swedish company, headed by a former Tesla executive, aims to build Europe's biggest lithium-ion battery factory, producing 32 gigawatt hours (GWh) of battery cells a year by 2023, rivalling Tesla's U.S. "gigafactory". It has partnered with German carmaker BMW ahead of plans to raise 1.5 billion euros in debt and equity to build an initial 8 GWh of capacity and has asked for a 400 million euro loan from the European Investment Bank.

  • Reuters3 months ago

    Insight: Stung by Asian dominance, Germany pours cash into EV battery ventures

    Germany has earmarked 1 billion euros ($1.2 billion) to support a consortium looking to produce electric car battery cells and plans to fund a research facility to develop next-generation solid-state batteries, three sources told Reuters. The measures, expected to be announced next week, are designed to reduce the dependence of German carmakers on Asian electric vehicle (EV) battery suppliers and protect German jobs at risk from the shift away from combustion engines. Berlin's push to shape industrial policy marks a break with its generally "hands off" approach to business decisions and is part of European efforts to forge battery alliances to counter the dominance of Chinese, Japanese and Korean firms.

  • Reuters4 months ago

    Audi's electric SUV faces four-week delay because of software bug

    FRANKFURT/SEOUL (Reuters) - Audi's first electric sport utility vehicle (SUV) will hit showrooms four weeks later than planned because of a software development issue, a spokesman for the German luxury car brand said on Sunday. The spokesman said Audi's e-tron midsize SUV faced delay because the carmaker needs new regulatory clearance for a piece of software that was modified during the development process. Audi staged a global launch of the e-tron in San Francisco last month as part of its effort to expand the market for premium electric vehicles and grab a share from California-based Tesla, which has had the niche largely to itself.

  • VW's Porsche expects to repeat record vehicle sales this year
    Reuters4 months ago

    VW's Porsche expects to repeat record vehicle sales this year

    Volkswagen's (VOWG_p.DE) Porsche brand does not need a stock market listing to fund growth, Chief Executive Oliver Blume said, adding he is confident the maker of the iconic 911 sportscar can repeat last year's record sales in 2018. Porsche sold 196,562 vehicles during the first nine months of the year, with Europe showing a 9 percent increase and China, the world's largest car market, growing by 4 percent. "In the light of these good numbers we expect that we can reach last year's record again," Blume said in e-mailed comments on Thursday.

  • Reuters4 months ago

    Sweden's Northvolt lands BMW deal in boost before fund raising

    Sweden's Northvolt has secured a partnership with German carmaker BMW and is seeking more funds from the European Investment Bank (EIB) to help its plans to build Europe's largest battery factory. The firm's new plant is seen as central to Europe's effort to compete with Asian rivals such as CATL, Samsung and LG Chem, which have gained a lead in the battery market by locking in supply deals with carmakers. Northvolt said on Monday it had teamed up with BMW and Belgian materials and recycling firm Umicore to design and commercialise a process that would give vehicle batteries a second lease of life as storage products before recycling them.