LG Electronics exits the EV charger business due to stagnant demand and competition, reallocating employees to focus on HVAC.

LG Electronics said on Tuesday it will exit the electric vehicle (EV) charger business, citing prolonged global demand ...

LG Electronics said Tuesday it will exit the electric vehicle charger business, three years after entering the market, due to ...

In short, LG is leaving the EV charger market because of weak global demand and tough competition. The company plans to invest in other businesses where it can grow faster and serve customers better.

LG CNS, a leading AX (AI Transformation) company in Korea, is continuing to take bold steps toward becoming a leading smart ...

Korean IT solutions company LG CNS is expanding its global footprint with its first contracts in the US public sector through ...

LG CNS, a technology company, has announced that it will help build electric vehicle (EV) charging stations and smart city ...