TSMC's new Arizona fab has management issues. Image: YouTube Screengrab Japan committed to as much as US$550 billion of US investment and South Korea $350 billion, in return for capping US tariffs at 15%. By this autumn, Japan had identified projects worth up to $109 billion and Seoul was still deci

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Key takeaways LG Energy Solution heeft aangekondigd dat een van haar eenheden fabrieksactiva in Ohio ter waarde van 2,86 miljard dollar (zo’n 2,4 miljard euro) zal verkopen aan Honda Development and Manufacturing of America. De transactie is bedoeld om de efficiëntie van hun joint venture te verbeteren. De verkoop omvat geen grond of apparatuur. LG […]

Key takeaways Tesla wil minder afhankelijk worden van Chinese import vanwege invoerheffingen. Daarom sluit het bedrijf een overeenkomst met LG Energy Solution (LGES) uit Zuid-Korea ter waarde van 4,3 miljard dollar (3,96 miljard euro). LGES levert gedurende drie jaar lithium-ijzerfosfaat (LFP) batterijen aan Tesla. Tesla laat de batterijen produceren in de LGES-fabriek in Michigan, een […]

CHRONIQUE. Près de 500 personnes, dont 300 Sud-Coréens, ont été arrêtées jeudi, à l’occasion d’un raid de la police anti-immigration en Géorgie, dans une usine de batteries des groupes Hyundai et LG E...

 LG Energy Solution, a leading South Korean battery manufacturer with global operations, confirmed a significant ransomware incident affecting one of its overseas facilities in mid-November 2025. The company announced that only a "specific overseas facility" was targeted, emphasizing that its headquarters and other international sites remained unaffected.  Rapid containment and recovery efforts returned the impacted facility to normal operations, and full-scale investigations involving internal and external cybersecurity teams were launched to trace the breach’s access points and bolster defenses against future attacks. The official disclosure followed public claims by the Akira ransomware gang, which took credit for the breach and threatened to release the stolen data if their demands weren’t met. The Akira ransomware collective, flagged internationally for targeting high-value industrial companies, claimed it had exfiltrated around 1.67 terabytes of data from LG Energy Solution, including corporate documents, employee personal information (such as visas, passports, medical records, and ID cards), financial data, details about confidential projects, non-disclosure agreements, and contracts with clients and suppliers. If verified, this data trove represents a severe threat, as it contains operational blueprints, intellectual property, and sensitive workforce details potentially enabling further cyberattacks or destructive phishing schemes. Akira’s own statements suggested that they might soon publish internal documents and SQL databases unless LG Energy Solution entered into negotiations. Though the direct operational disruption at the overseas site proved temporary, the aftermath presents enduring risks. Ransomware gangs increasingly target manufacturers like LG, whose products are vital for industries such as electric vehicles and energy storage, causing ripple effects throughout global supply chains. The battery sector has seen a surge in attacks due to its strategic role, narrow recovery windows, and high-value data.  LG Energy Solution’s breach underscores growing concerns about cyber extortion targeting energy and manufacturing sectors, especially as international regulatory pressures mount and law enforcement agencies heighten scrutiny of cybercriminal operations. Industry experts forecast more ransomware attempts on energy sector companies, with supply chain vulnerabilities and third-party vendor networks presenting further risks for cascading attacks. As investigations continue, LG Energy Solution remains focused on remediation, securing network pathways, and working with authorities to mitigate long-term consequences. The incident’s true impact will also depend on whether stolen data is published, which could have severe repercussions for strategic relationships, business operations, and the wider EV battery supply chain.

LG Energy Solution’s $10.8B pact supplies 107 GWh of 46-series cells to Mercedes-Benz in Europe and the U.S. between 2028 and 2037.

GM and LG Energy Solution to launch lithium manganese-rich prismatic battery cells for electric trucks and SUVs by 2028, boosting range and reducing costs.