Makemation: a Nollywood movie that shows AI in action in Africa 
SMIC Allegedly Supplies Chipmaking Tools to Iran's Military, U.S. Officials Warn 
India's Central Bank Holds Rates Amid Iran War Energy Shock 
Strait of Hormuz Disruption Sparks Global Oil Supply Fears 
NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo 
SpaceX IPO Filing Expected This Week as Valuation Could Surpass $75 Billion 
UAE's Largest Natural Gas Facility Suspended After Attack-Triggered Fire 
Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman 
SK Hynix Eyes Up to $14 Billion U.S. IPO to Fund AI Chip Expansion 
California's AI Executive Order Pushes Responsible Tech Use in State Contracts 
Paramount Skydance Secures $24B from Gulf Sovereign Wealth Funds for Warner Bros. Discovery Takeover 
China's Services Sector Maintains Growth Streak Despite March Slowdown 
Nanya Technology Shares Surge 10% After $2.5 Billion Private Placement from Sandisk and Cisco 
OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO 
Apple Turns 50: From Garage Startup to AI Crossroads 
Dollar Holds Steady as Yen Nears Critical 160 Level Amid Iran War Escalation 
Asian Markets Rally on Iran Ceasefire Hopes as US-Iran Tensions Simmer 
LG Energy Solution Ltd. (LGES) is investing $600 billion in building a “mother” production line, where it will manage the entire process of designing and implementing technological applications for next-generation products, such as pouch cells.
The process for pouch cells will include not only testing but also verification stages for mass production.
The mother line will be located in its main battery manufacturing complex in Ochang.
LGES, which is ramping up production capabilities to meet surging global demand, announced a 4 trillion-won plan in December last year to expand its Ochang complex by 2026.
The construction of the mother line is set to be completed in December 2024.
The latest move comes as battery makers are bolstering facility investments to respond to the burgeoning demand for EV batteries.
It is also part of efforts to qualify for the Inflation Reduction Act, which gives subsidies to EVs made under stricter conditions.
LGES is spending 580 billion won to build a separate mother line for a next-generation 46-millimeter-diameter cylindrical cell.
