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LG Corp. (003550.KS)

KSE - KSE Delayed price. Currency in KRW
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79,900.00+1,500.00 (+1.91%)
At close: 03:30PM KST
Full screen
Previous close78,400.00
Bid0.00 x N/A
Ask0.00 x N/A
Day's range0.00 - 0.00
52-week range
Avg. volume264,643
Market cap12.223T
Beta (5Y monthly)0.77
PE ratio (TTM)N/A
Earnings dateN/A
Forward dividend & yield3,100.00 (3.95%)
Ex-dividend date27 Dec 2023
1y target estN/A
  • Reuters

    GM, LG agree on $150 million relief for Chevy Bolt EV owners over faulty batteries

    General Motors first launched Chevrolet Bolt EVs in 2015, and used batteries made by LG entities as part of a business arrangement with the car manufacturer. GM started recalls in 2020 after it faced numerous complaints about fires in some vehicles. "GM, LG Energy Solution and LG Electronics have agreed to a settlement with plaintiffs to resolve class action litigation related to the Bolt EV battery recall," GM said in an emailed statement to Reuters.

  • Reuters

    Battery maker LG Energy Solution warns of slowing EV demand, shares tumble

    It joins a growing number of automakers and suppliers expressing caution about demand for EVs, as they fear high interest rates lifting financing costs and sputtering growth in major economies such as China and Europe will impact car buyers. "EV demand next year could be lower than expectations," LGES Chief Financial Officer Lee Chang-sil said on an earnings call, citing those factors, as well as automakers adjusting their EV strategies in response. LGES, which supplies Tesla, General Motors and other automakers, said revenue growth in 2024 would not be as high as the mid-30% rate forecast for this year.