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End-of-day quote
Other stock markets
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5-day change | 1st Jan Change | ||
| 372,500 KRW | -3.25% |
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-1.19% | -12.87% |
| 10:40am | Nomura Adjusts LG Energy’s Price Target to KRW560,000 From KRW570,000, Keeps at Buy | MT |
| 04:19am | South Korea shares gain following upbeat US tech earnings | RE |
SEOUL (Reuters) - LG Energy Solution said on Monday it plans to invest 582 billion won ($453 million) to add new infrastructure to supply 4680 cylindrical batteries at its Ochang, South Korea, factory.
In March, LGES announced its plans to invest 1.7 trillion won to build a battery factory in Arizona by 2024 to meet demand from North American customers.
LGES' Arizona factory is set to make cylindrical cells, a type of battery that has been used in Tesla and Lucid vehicles.
($1 = 1,284.4500 won)
(Reporting by Heekyong Yang and Joyce Lee; Editing by Tom Hogue)
| 1st Jan change | Capi. | |
|---|---|---|
| -12.87% | 63.47B | |
| +18.34% | 117B | |
| -12.39% | 19.95B | |
| +8.86% | 17.6B | |
| -18.75% | 16.64B | |
| -14.88% | 10.12B | |
| -16.00% | 4.44B | |
| -12.57% | 4.02B | |
| +5.98% | 3.97B | |
| -9.52% | 3.68B |
LG ENERGY SOLUTION, LTD. 
