Economy
Business·Industry
Colma and COWAY CEOs Dip into Their Own Pockets to Buy Back Company Stock
The heads of major domestic companies, including KOLMAR HOLDINGS(024720) and COWAY(021240), have recently been purchasing their own company’s shares worth hundreds of millions of won using their perso…
Business·Industry
LGD Posts 107.7 Billion Won Operating Loss in Q2… Achieves First-Half Profit for the First Time in Five Years (Comprehensive)
LG Display posted an operating loss of 107.7 billion won in the second quarter of this year. The company recorded a loss in the second quarter due to one-time costs of approximately 240 billion won re…
Business·Industry
"Competition in China Intensifies… Expanding Mid- to Low-Priced OLED Lineup" – LG Corp. Conference Call
"Competitors in Greater China are running aggressive promotions for products like RGB Mini and Mini LED. Competition in the high-end segment is intensifying. We are actively leveraging our technologic…
Business·Industry
"Uncertainty Rises in Second Half Due to Semiconductor Chip Price Hikes"—LG Corp. Conference Call
"Uncertainty in the second half of the year is very high due to rising semiconductor chip prices. To prepare for risks stemming from declining demand and intensifying competition, we are securing supp…
Business·Industry
"Gaming OLED Monitor Market Expected to See Significant Growth"—LG Corp. Conference Call
"In the high-end gaming monitor market, the shift from liquid crystal displays (LCDs) to organic light-emitting diode (OLED) monitors is accelerating rapidly. Market growth has also reached a signific…
Business·Industry
"Reflects 240 billion won in one-time costs for voluntary retirement program… would have posted a profit excluding this" - LG Corp. Conference Call
"As we had announced in our previous earnings preview, we treated this as our final round of workforce restructuring and implemented a voluntary retirement program with expanded terms and conditions c…
Business·Industry
"Capital Investment to Reach 2 Trillion Won This Year… Undergoing Careful Review"—LG Corp. Conference Call
"We expect capital expenditures (CAPEX) for 2026 to be in the mid-to-high 2 trillion won range. Our future investment strategy will be determined by striking a balance that takes into account future c…
Business·Industry
LG Corp. to Unveil Humanoid OLED at K-Display 2026… Next-Generation Technologies on Full Display
LG Display will showcase a wide range of next-generation OLED technologies at "K-Display 2026," South Korea’s largest display exhibition, including the country’s first unveiling of plastic (P)-OLED pa…
Business·Industry
KleanNara’s Pet Brand ‘Popomong’ Sees Sales Grow 16-Fold in Just 3 Years Since Launch
As household goods companies step up their efforts to tap into the pet market, KleanNara(004540)’s pet brand “Popomong” has seen its sales grow 16-fold just three years after its launch. Leveraging th…
Business·Industry
LGD Reports 107.7 Billion Operating Loss in Q2… “Will Continue to Post Annual Profits” (SANG BO Co.,Ltd)
LG Display posted a consolidated operating loss of 107.7 billion won in the second quarter of this year. While the company recorded a loss in the second quarter due to one-time costs associated with a…