Japan PMI Data Signals Manufacturing Stabilization as Services Continue to Drive Growth 
Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices 
SoftBank Shares Slide as Oracle’s AI Spending Plans Fuel Market Jitters 
Treasury Wine Estates Shares Plunge on Earnings Warning Amid U.S. and China Weakness 
iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures 
MetaX IPO Soars as China’s AI Chip Stocks Ignite Investor Frenzy 
Coca-Cola’s Proposed Sale of Costa Coffee Faces Uncertainty Amid Price Dispute 
EU Signals Major Shift on 2035 Combustion Engine Ban Amid Auto Industry Pressure 
Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates 
HSBC’s $13.6 Billion Take-Private Offer for Hang Seng Bank Gains Board Backing 
Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand 
noyb Files GDPR Complaints Against TikTok, Grindr, and AppsFlyer Over Alleged Illegal Data Tracking. 
Fortescue Expands Copper Portfolio With Full Takeover of Alta Copper 
Korea Zinc Plans $6.78 Billion U.S. Smelter Investment With Government Partnership 
Trump Sues BBC for Defamation Over Edited Capitol Riot Speech Clip 
Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges 
Australia’s Under-16 Social Media Ban Sparks Global Debate and Early Challenges 
LG Electronics Inc. has begun mass-producing electric vehicle (EV) chargers at the LG Digital Park in Pyeongtaek to advance into the EV charging solutions business amid the global electrification trend.
Last year, it acquired a 60 percent stake for an unspecified amount in domestic EV charger maker AppleMango Co., which has advanced technologies in manufacturing slow and fast chargers, both for household and commercial use.
The acquisition of AppleMango, which LG renamed HiEV Charger., was designed to strengthen LG’s business portfolio by creating synergies with its existing EV components business.
Meanwhile, LG’s EV components business, a future growth driver, has gained ground in recent quarters.
According to LG, the value of orders for its EV component solutions, such as in-vehicle infotainment systems and headlamps, had reached 80 trillion won in accumulation as of the end of April.
LG began developing EV charging solutions in 2018 and formed a division dedicated to overseas EV business in November last year.
