[K-Biz brief] LG Electronics filed 'Q Series' trademark rights (May 19)

 

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▲ LG Electronics = [Exclusive] 'Q Series' trademark rights filed

LG Electronics has filed a lot of trademark rights for the 'Q series'. All are included in 'Trademark 09', which includes digital devices such as computer software and smartphones. It seems to be a strategy to prevent the decline in earnings with mid- to low-priced products, as smartphone sales declined with the Covid-19 Pandemic.

 

▲ AMOREPACIFIC = Doubled the US e-commerce business

AMOREPACIFIC's US e-commerce business has more than doubled. This is thanks to the strengthening of the online channel prior to the Covid-19. AMOREPACIFIC closed its innisfree store in the US in March this year. The five brand stores that entered Sephora were also closed.

 

▲ Hyundai Steel = "Carbon neutral goal by 2050"

Hyundai Steel has set carbon emission reduction targets in line with the Paris Climate Agreement. According to the Carbon Disclosure Project report, Hyundai Steel and SSAB in Sweden set the goal of achieving carbon neutrality between 2040 and 2050. Air pollutant emissions from Hyundai Steel were 23,292 tons in 2018. Hyundai Steel plans to reduce air pollutant emissions to 10,000 tons by 2021.

 

▲ LG Chem · Lotte Chemical = [Exclusive] Hyundai Motor's Indonesia Investment 'Support Shooting'

LG Chem and Lotte Chemical's investment in Indonesia became visible. This is because Hyundai Motor Company is pushing for the construction of a factory in Indonesia. LG Chem and Lotte Chemical are partners of Hyundai Motor Company. Samsung SDI is also trying to supply batteries to Hyundai Motor Company. That is why the prospect that Samsung SDI and Hyundai Motors will cooperate in earnest in Indonesia.










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