Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Posco E&C, formerly known as Posco Engineering and Construction, and LG Electronics Inc. said this week that they will work together to allow home appliance customization for apartment remodeling. The two companies agreed to co-develop customized home appliances for this project.
Based on the details shared, Posco E&C and LG Electronics will set up a digital construction management platform, which will be used to install built-in appliances like air conditioners. As part of the partnership, the engineering and construction company will manufacture customized products for apartment remodeling. In collaboration with LG Electronics, they will design a system for air conditioners.
As per The Korea Economic Daily, Posco E&C and LG Electronics signed the partnership agreement earlier this week at the Posco headquarters located in Incheon. The main goal for the team-up is to broaden the former’s presence in the related market.
The company believes that its tie-up with LG Electronics will achieve this goal since it is already known worldwide as a world-class brand for home appliances and air conditioners.
An official from Posco E&C stated in a press release, “We will accelerate the development of customized remodeling technology so that we can preemptively respond to the customer’s eye level, such as the new construction method for ceiling system air conditioners currently under development.”
The companies will assign 16 teams to work on the tasks involved in the partnership, such as the development of new products, improvement of profitability, search for other potential businesses, and development of new products and technologies. The groups will also be tasked to solve any issues which may arise later.
Hankyung News reported that Posco E&C shared that Team A, which was already launched last year, will also participate in the project and will have an important role in the product development process. This team is composed of key talents in the fields of construction, R&D, and design.
Photo by: Posco Newsroom
