Economy
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 …
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)…