LG Group Units, Mercedes-Benz Hold Talks on Expanding Automotive Collaboration

MT Newswires Live
Nov 13

Executives from LG Electronics (KRX:066570), LG Display (KRX:034220), LG Energy Solution (KRX:373220), LG Innotek (KRX:011070), and Mercedes-Benz met at the LG Twin Towers in Yeouido on Thursday to discuss expanding collaboration under the "One LG" initiative.

Discussions focused on strengthening cooperation in electric vehicles and developing a flexible, sustainable global production network driven by digitalization and automation, according to a press release on Thursday.

Shares of LG Display fell 1% at closing, while those of LG Energy Solution rose nearly 2%. LG Innotek declined 3%.

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