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Industry

LG Energy Solution starts full operations at Lansing plant making ESS and EV batteries

LG Energy Solution is stepping up local production in the North American battery market by launching full operations at its Lansing plant in Michigan. The company held an opening ceremony on Aug. 19 attended by Governor Gretchen Whitmer, U.S. Interior Secretary Doug Burgum and CEO Kim Dong-myung (김동명). The plant will produce LFP batteries for energy storage systems and NCM batteries for electric vehicles, with annual capacity of more than 35 GWh.

AI & Enterprise

Fortinet to acquire AI security firm Virtue AI, securing real-time runtime guardrails technology

Fortinet will acquire AI security company Virtue AI, SecurityWeek reported on Aug. 18. Virtue AI provides an enterprise security and governance platform for AI models, conversational applications and autonomous agents, supporting automated testing, real-time protection and compliance management. It uses more than 100 attack algorithms and hundreds of attack vectors to identify vulnerabilities and simulates corporate scenarios to assess agent tools, system access and multi-step execution flows.

Industry

Samsung to build 240 billion won HVAC production line in Gwangju, to start operations in early 2028

Samsung Electronics will build an HVAC production line for AI data centre air-conditioning equipment at its Gwangju complex. Samsung Electronics, FlaktGroup Korea and the Jeonnam-Gwangju Integrated Special Zone signed an investment agreement on Aug. 19. Samsung plans to invest about 240 billion won to construct a 21,800 square metre production line at its third campus in Buk-gu, Gwangju, with operations set to begin in early 2028.