Final Agreement on the Use of the Name and Trademark 'LX'

Song Chi-ho, President of LX Holdings (left), and Kim Jeong-ryeol, President of LX Korea Land and Geospatial Informatix Corporation, are posing for a commemorative photo after signing an agreement for mutual cooperation at the LX Corporation Seoul Regional Headquarters on the 27th.

Song Chi-ho, President of LX Holdings (left), and Kim Jeong-ryeol, President of LX Korea Land and Geospatial Informatix Corporation, are posing for a commemorative photo after signing an agreement for mutual cooperation at the LX Corporation Seoul Regional Headquarters on the 27th.

View original image


[Asia Economy Reporter Hwang Yoon-joo] LX Holdings and LX Korea Land and Geospatial Informatix Corporation have reached a final agreement on a win-win cooperation plan regarding the use of the 'LX' trade name and trademark.


On the 28th, LX Holdings announced that on the 27th, it signed a business agreement with LX Corporation based on mutual respect and trust for the mutual development of both companies.


Kim Jeong-ryeol, President of LX Corporation, emphasized the value of the win-win cooperation plan in his greeting before the signing ceremony, saying, "I hope this business agreement will become a significant milestone that elevates the relationship between the two companies to a future-oriented level."


Song Chi-ho, President of LX Holdings, stressed, "We will contribute to the development of the national economy through win-win cooperation."


LX Holdings and LX Corporation agreed to mutually respect the use of trademarks applied for or registered with the Intellectual Property Office related to their respective businesses. They also plan to contribute to society and develop their respective businesses through mutual cooperation and win-win collaboration.


To this end, both companies promised mutual cooperation by discovering and promoting cooperative projects in overseas businesses (such as spatial information infrastructure, smart farms, plant businesses) and advanced technology business sectors (including digital twins, autonomous driving, drones, robots, IoT, etc.).



Additionally, they specified goals to realize social value and contribute to public-private win-win through startup support, sports team sponsorship, support for vulnerable groups, and collaboration in climate change response fields.


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing