LG Overview
LG Corporation is a South Korean multinational conglomerate. LG makes electronics, chemicals, and telecommunications products and operates subsidiaries such as LG Electronics, Zenith, LG Display, LG Uplus, LG Innotek, LG Chem, and LG Energy Solution in over 80 countries. LG TCI (Technology Center Israel) was established in 1999 by LG Corp (LG Group holding company) as the technology scouting office in Israel. Under the umbrella of LG Corp, LG TCIs mission is to generate investment in local high tech companies and develop business partnerships with startups, mature companies, universities, and research institutions in Israel.
Latest News
growth-positive
Westin Desaru Coast Resort partners with CAYIN Technology for digital signage
CAYIN Technology has partnered with Westin Desaru Coast Resort in Johor, Malaysia, to enhance guest communication and operational efficiency through the implementation of its CMS-WS server and CAYIN Signage Player. This collaboration involves the use of digital signage to provide real-time updates across 14 Samsung displays in various areas of the resort. The project was executed in partnership with Hola Media, which provided integration services, including installation, design, staff training, and support. The system has improved communication, reduced staff workload, and enhanced the guest experience, preparing the resort for future digital expansion.
Partners
growth-positive
Nikkiso Addresses Growing Ammonia-Handling Demand and Launches Next-Generation Pump at Gastech 2025
Nikkiso Clean Energy & Industrial Gases Group (Nikkiso CE&IG) announced the launch of a next-generation submerged ammonia pump at the Gastech Conference. This pump is designed to be the safest and most reliable in the industry, addressing common maintenance issues with its seal-less, maintenance-friendly, copper-free construction. The pump can deliver over 2,500m3 per hour and has a mean time between outages of over 16,000 hours. This launch is part of Nikkiso CE&IGs ongoing innovation in ammonia handling, with the company having decades of experience in this field. The pump is expected to meet growing demand for ammonia in various sectors, including power generation and shipping.
Product Stage
growth-positive
Assessing the Valuation of Yue Yuen Industrial (SEHK:551) After Recent Volatility
Yue Yuen Industrial (Holdings) has experienced notable stock price fluctuations, drawing attention from investors. Despite a year-to-date decline of 21%, the company has shown resilience with an 11% gain over the past year and a 13% increase in the past three months. Over a longer period, the stock is up 53% over three years and 44% over five years. The companys P/E ratio of 7.2x suggests it is undervalued compared to industry peers, indicating potential for growth if profit levels are sustained or improved. While the company shows steady revenue and net income growth, risks remain due to inconsistent short-term returns and potential shifts in market sentiment.
growth-positive
The Israeli startup said its annual revenues have increased sevenfold over the past year, while its user base has expanded eightfold, with customers including companies such as LG, GitHub, and British Telecom.
Port, an Israeli startup specializing in internal developer portals, has completed a $35 million Series B funding round led by Accel, with participation from Bessemer Venture Partners, Team8, and TLV Partners. This brings the total investment in Port to $58 million. The company has seen significant growth, with a sevenfold increase in annual revenues and an eightfold expansion in its user base, which includes major companies like LG, GitHub, and British Telecom. Founded in 2022, Port plans to use the new funds to expand its market presence and hire additional staff. The company is also integrating large language models into its platform to enhance AI capabilities for developers.
InvestmentExpandCustomers
growth-positive
LG is acquiring automotive cybersecurity startup Cybellum in a $240M deal
LG Electronics is acquiring Cybellum, an Israeli automotive cybersecurity specialist, to strengthen its presence in the automotive industry. LG will initially take a 64% stake in Cybellum for $140 million, with a further $20 million investment planned. The remaining shares will be acquired in the near future. The deal is valued at around $240 million. Cybellums technology will help LG provide effective cybersecurity solutions for connected cars. The acquisition highlights the growing importance of cybersecurity in the automotive sector as vehicles become more connected and autonomous. Cybellums customers include Jaguar Land Rover and Nissan, and its partners include Harman, Toyota Tsusho, and PTC.
Acquisition
Team Members
1
Employees: 51-200
Web & Social Links
| Website | www.lgtci.com |
Locations
Greenwork Business Park , Yakum, Israel
Seoul, South Korea
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