LG CNS has signed a 100 billion won ($72 million) contract to build an AI data center in Jakarta, Indonesia, marking the first time a Korean company has secured such a project overseas. The IT firm ...

JAKARTA (Reuters) - South Korea's LG group remains committed to Indonesia and will increase its investment in a battery cell factory by $1.7 billion, raising total investment in the project to $2.8 ...

A few years ago, Indonesia banned the export of nickel ore. The explicit goal of this policy was to boost downstream industrial capacity by forcing companies to build smelters in Indonesia and refine ...

LG Energy Solution EV batteries. South Korea’s LG Group has decided to withdraw from a KRW 11 trillion (US$ 7.7 billion) project to establish an electric vehicle (EV) battery materials supply chain in ...

LG Energy Solution Ltd. withdrew from an 142 trillion rupiah ($8.45 billion) partnership with Indonesia to build a full electric vehicle battery supply chain, a blow to the country’s ambitions to ...

JAKARTA, April 21 (Reuters) - South Korea's LG Energy Solution has formally withdrawn from a 142 trillion rupiah ($8.45 billion) project to develop electric vehicle battery making in Indonesia, the ...

As we celebrate LG's 35-year journey in Indonesia, I am filled with both gratitude and optimism for what lies ahead. Our presence in this vibrant nation has been more than a business story — it has ...