Posted : 2021-04-27 09:10
Updated : 2021-04-27 09:10
Better known as LX, state-run company Korea Land And Geospatial Informatix Corporation filed a complaint against LG Group with the Fair Trade Commission, April 14, over LG s plan to name its spin-off entity LX Holdings. Korea Times file
By Yi Whan-woo
LG Group said this week that it has not changed its decision to name a holding company that it will spin-off May 1, LX, amid an ongoing dispute over infringement of copyright with the Korea Land And Geospatial Informatix Corporation that has used the brand for some time. We don t see any problems in our plan for the launch, an LG Group media officer said in relation to a complaint filed by the corporation against LG Group with the Fair Trade Commission (FTC), April 14.