LG, which officially ended smartphone production in May last year, continues to bolster its presence in several areas of the technology sector. The company is a South Korea-based company that manufactures charging stations for electric vehicles, in today’s latest announcement. buy AppleMongo explained.

LG, takeover of electric charging station operator after the global rise of electric vehicles GS Energy and information technology provider GS Neotek realized in collaboration. The company boughtfuture vacancies‘ he said he wanted to evaluate.

“The electric vehicle charging market will see tremendous growth.”

Paik Ki-mun, Senior Vice President of LG Electronics, said in a statement. that the market for charging electric vehicles will rise sharply. stated. Ki-mun stated that with their company-to-company experience, they will offer customized integrated charging solutions for different customers and increase the competitiveness of their existing customers.

LG Electronics took over the acquisition of AppleMongo, which came about through a total of three partnerships. up to 60% he had. While 34% of the remainder fell to GS Energy, 6% belonged to GS Neotek. All three companies did not share the value of the acquisition. But the estimated value of the purchase is $7.8 million, according to Korean media.

LG, which entered the electric car industry in 2013, will sell electric vehicles at the LG Digital Park center in South Korea until the end of this year. plans to set up a loader production line.