GM Reaches Deal With LG To Pay For Bolt Battery Recall CostsLG Electronics has reached a deal with General Motors to pay $1.9 billion to $2 billion to reimburse the automaker for the cost of recalling Chevrolet Bolt electric vehicles due to the risk of battery fires.
Altair, LG Slash Smartphone Drop-Test Simulation Time From Weeks To Under A DayThe Troy engineering and software provider Altair announced an achievement in the electronics industry Wednesday that is expected to accelerate the development of new smartphones, tablets, home appliances and other consumer electronics while enabling engineers to create a wider range of durable designs.
Dow Corning, LG Partner On Korean Solar InstallationDow Corning Corp. said Monday that its encapsulants will be used in a 15-kilowatt pilot project to install rooftop solar photovoltaic panels at Seowon University in Chungju, South Korea. LG Electronics will provide the solar modules.
Whirlpool Corp. Wins Stay In LG Patent SuitWhirlpool Corp. announced that it won a stay motion in a refrigerator patent infringement case brought by LG Electronics due to progress in separate proceedings challenging the validity of LG's patents.
Dehumidifiers Recalled Again After More House FiresThousands of dehumidifiers are being recalled for a second time after being blamed for more house fires.
Whirlpool Accuses South Koreans Of Selling Refrigerators Below CostBenton Harbor-based Whirlpool Corp. (NYSE: WHR) Wednesday filed antidumping and countervailing duty petitions against bottom-mount refrigerators from South Korea and an antidumping petition against the same product from Mexico.