Economy
Business·Industry
Samsung to Provide Job Training for 1,000 Young People Outside the Capital Region… “Youth Hope Learning Center” Opens
Samsung is launching a program to provide job training and employment support to 1,000 unemployed young people outside the Seoul metropolitan area.
Officials, including (from left) Yeo Myeong-gu, E…
Business·Industry
Hugel, Inc.’s Proven Growth Formula… What Will Be the Impact of Full-Scale Direct Sales in the U.S.?
Hugel, Inc.(145020)will begin direct sales of its botulinum toxin product “Retivo” in the U.S. starting this July, marking a strategic shift in its U.S. business operations. Hugel, Inc. plans to estab…
Business·Industry
SAMSUNG SDI CO.,LTD. Posts Profit for First Time in 7 Quarters… Operating Profit of 96.1 Billion Won Even Excluding AMPC (SANG BO Co.,Ltd.)
SAMSUNG SDI CO.,LTD. has returned to a quarterly profit for the first time in seven quarters, driven by expanded sales of high-power batteries, the U.S. Advanced Manufacturing Production Credit (AMPC)…
Business·Industry
[Breaking News] SAMSUNG SDI CO.,LTD. Reports 203.8 Billion Won in Second-Quarter Operating Profit… Returns to Profitability Compared to the Previous Year
SAMSUNG SDI CO.,LTD. announced on the 30th that its consolidated operating profit for the second quarter of this year was 203.8 billion won, marking a return to profitability compared to both the prev…
Business·Industry
SamsungElectroMechanics' Second-Quarter Operating Profit 'Doubles' Year-Over-Year… "Long-Term MLCC Contracts Signed with 10 Companies" (SANG BO Co.,Ltd.)
SamsungElectroMechanics posted earnings that exceeded market expectations, driven by rising demand for artificial intelligence (AI) servers and multilayer ceramic capacitors (MLCCs).
SamsungElectro…
Business·Industry
[Breaking News] SamsungElectroMechanics Reports 440.4 Billion Won in Second-Quarter Operating Profit… Up 106.7% Year-Over-Year
SamsungElectroMechanics announced on the 30th that its consolidated operating profit for the second quarter of this year reached 440.4 billion won, a 106.7% increase compared to the same period last y…
Business·Industry
“Long-Cycle Sodium Battery Technology for ESS Verified… Discussions on Commercialization Underway”—LG Energy Solution Conference Call
“Sodium-ion batteries, which are well-suited for the long-duration energy storage system (ESS) market, have completed technical validation with our clients on a scale of hundreds of megawatt-hours (MW…
Business·Industry
“Chinese ESS Companies Face Limited Expansion in U.S. Market… Strengthening Local Production and SI Capabilities”—LG Energy Solution Conference Call
“Due to U.S. regulations regarding Foreign Entities of Concern (FEOC), it is difficult for Chinese companies to secure benefits such as the Advanced Manufacturing Production Credit (AMPC) or the Inves…
Business·Industry
“AI Data Center Power Grid Bottleneck… Discussions with Big Tech on BTM Business”—LG Energy Solution Conference Call
“As investment in AI data centers expands, reliance on aging transmission and distribution networks and delays in grid connections are emerging as major risks. Options currently under discussion inclu…
Business·Industry
“Q3 Revenue Grows Over 20%… ESS to Achieve Self-Sustaining Profitability in Q4”—LG Energy Solution Conference Call
“Third-quarter revenue is expected to grow by more than 20% compared to the previous quarter, driven by expanded ESS production in North America and increased shipments of cylindrical and pouch batter…