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[Last Updated: 4Q 2023]
New versions of the LG Magna Purchasing Terms and Conditions/Supplier Code of Conduct/Quality & Environment Management Requirements have been released.
Purchasing Terms and Conditions Article 14.1, 14.3
- Governing law changed from Korean law → law of the country that the LG Magna entity who signs the Nomination Letter or any Special Terms is located in
Supplier Code of Conduct/Quality & Environment Management Requirements
- Added LG Magna affiliates as the contracting party
- Added definition of affiliates
- Added complaint management requirement (immediate sorting of defected parts)