5 Articles
5 Articles
South Korean technology stocks are continuing to soar, with the market's two biggest stocks posting spectacular gains on Friday. LG Electronics jumped nearly 24 percent after unveiling new automotive technologies developed in collaboration with Google, and Samsung Electronics gained more than 6 percent after it began sampling its latest memory chips optimized for artificial intelligence.
LG Electronics’ shares surge 24% after showing automotive innovations using Google tech
In this article LGEIY Follow your favorite stocksCREATE FREE ACCOUNTLG Electronics India is seeking a valuation of up to 774 billion rupees ($8.71 billion) in its long-delayed initial public offering, tapping into a bustling IPO market with one of India’s largest offerings so far this year.Nurphoto | Nurphoto | Getty Images Shares of LG Electronics surged as much as 23.95% after the company announced a series of automotive innovations built wit…
LG stock rocket 24% after unveiling Google-powered car tech
LG Electronics stock surged more than 24% in Seoul on Friday after the South Korean company unveiled a Google-backed automotive software system that could sharpen its push beyond TVs and home appliances.For a group still known for refrigerators, washing machines and OLED televisions, the reaction was striking as investors were not simply rewarding another dashboard upgrade.They were reacting to a clearer signal that LG wants to supply the softwa…
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