Economy
Business·Industry
[Breaking News] HL Mando Reports 2nd-Quarter Operating Profit of 107 billion won… Up 2.8% Year-Over-Year
HL Mando(204320)announced on the 30th that its consolidated operating profit for the second quarter of this year was 107 billion won, a 2.8% increase compared to the same period last year. Revenue for…
Business·Industry
LGELECTRONICS Posts ‘Surprise Earnings’ Even Excluding Tariff Refunds… Strong Profitability Across All Business Divisions (Comprehensive)
LGELECTRONICS posted record-high second-quarter sales and operating profit this year. Despite rising logistics costs due to the war in the Middle East and a global slowdown in consumer spending, profi…
Business·Industry
SAMSUNG SDI CO.,LTD. Accelerates Return to Profitability… ‘Earnings Surprise’ Driven by AI and ESS (Comprehensive)
SAMSUNG SDI CO.,LTD. has emerged from its loss-making period faster than expected, driven by its energy storage systems (ESS) and high-power batteries for artificial intelligence (AI) data centers. Af…
Business·Industry
SamsungElectroMechanics Rides the Wave of AI Demand… “Projected to Post Record-High Third-Quarter Earnings” (Comprehensive)
SamsungElectroMechanics posted second-quarter earnings that exceeded market expectations, driven by rising demand for multilayer ceramic capacitors (MLCCs) and high-value-added semiconductor substrate…
Business·Industry
“Humanoid Robots Likely to Be First to Commercialize All-Solid-State Batteries… Mass Production Expected in the Second Half of 2027”—SAMSUNG SDI CO.,LTD. Conference Call
“We are preparing for mass production of all-solid-state batteries in the second half of 2027, as originally planned. Considering current customer demand and partnership status, it is highly likely th…
Business·Industry
“ESS Sales to Grow Significantly in the Second Half… Small-Cell Battery Production Capacity Operating at Full Capacity”—SAMSUNG SDI CO.,LTD. Conference Call
“We expect the trend of improved earnings seen in the first half to continue into the second half. For ESS, sales are projected to expand significantly in the second half, driven by growing demand for…
Business·Industry
“ESS Orders Expected to Exceed Production Capacity by 2028… Considering Additional Expansion”—SAMSUNG SDI CO.,LTD. Conference Call
“In the U.S. market recently, there has been a growing preference for prismatic LFP products that meet non-Chinese supply chain requirements and offer excellent safety, leading to a steady stream of o…
Business·Industry
“Mass Production of Prismatic LFP Batteries for U.S. ESS to Begin in October… Supplies to Customers by Year-End”—SAMSUNG SDI CO.,LTD. Conference Call
“The prismatic LFP production line for energy storage systems (ESS) in the U.S. is currently in the mass production quality verification phase. As originally planned, we will begin mass production of …
Business·Industry
LGELECTRONICS Posts Record Second-Quarter Earnings on Strong Performance in Home Appliances and Automotive Components… Operating Profit of 1.58 Trillion (SANG BO Co.,Ltd.)
LGELECTRONICS posted record-high sales and operating profit for the second quarter of this year, despite rising logistics costs and concerns over slowing consumption stemming from the war in the Middl…
Business·Industry
[Breaking News] LGELECTRONICS Reports 1.5791 Trillion Won in Second-Quarter Operating Profit… Up 147% Year-Over-Year
LGELECTRONICS announced on the 30th that its consolidated operating profit for the second quarter of this year was 1.5791 trillion won, a 147.0% increase compared to the same period last year.Revenue …