Economy
Business·Industry
‘89 Trillion Won Surplus’ vs. ‘First Deficit’… Performance Bonus Gap Among Samsung Employees Widens
Although they all carry the same SamsungElectronics business card, the performance bonuses they receive are vastly different. While semiconductor employees, riding the wave of the artificial intellige…
Business·Industry
"Cutting Wages If We Run a Deficit?" SK Hanik Union 'Fumes'
Management and labor at SK hynix are struggling to bridge their differences in this year’s wage and collective bargaining negotiations over the method of paying performance bonuses and the restructuri…
Business·Industry
SamsungElectronics to Supply Residential Heat Pump Boilers in Jeju… Targeting the High-Efficiency Heating Market
SamsungElectronics is launching a full-scale push into the high-efficiency heating and cooling solutions market by beginning to supply its residential “EHS Heat Pump Boiler” to single-family homes on …
Business·Industry
DONGWOON ANATECH CO.,LTD. Submits Clinical Trial Application to the Ministry of Food and Drug Safety for the World’s First Saliva-Based Blood Glucose Monitor... Regulatory Approval ‘Accelerating’
DONGWOON ANATECH CO.,LTD.(094170)has begun full-scale clinical trials to secure product approval for “D-Salife®,” the world’s first saliva-based, non-blood glucose meter. The company plans to accelera…
Business·Industry
“AIDC’s First-Half Orders for Cooling Systems Exceed 600 billion won… Targeting Trillions of won by Year-End”—LGELECTRONICS Conference Call
“Orders for our AI data center cooling solutions have already exceeded 600 billion won in the first half of the year, and production is currently underway. We are aiming to secure AI data center proje…
Business·Industry
“TV Business Expected to Post a Significant Annual Profit This Year”—LGELECTRONICS Conference Call
“The MS Business Division saw improved performance in the first half of the year, driven by an expansion in the share of premium products, improved pricing strategies, and a recovery in overseas opera…
Business·Industry
“LG Magna’s Mexico Plant Accounts for Over 40% of Sales… Hungary to Begin Mass Production in 2027”—LGELECTRONICS Conference Call
“The LG Corp. Magna plant in Mexico has entered a phase of stable production following a continuous ramp-up since it began operations in September 2023. It currently accounts for more than 40% of LG M…
Business·Industry
“Received Full Refund of U.S. Tariffs… One-Time Gain/Loss of 300 Billion Won in 2Q”—LGELECTRONICS Conference Call
“Regarding the existing tariffs ruled unlawful by the U.S. Supreme Court, we proceeded with the refund process for previously paid tariffs in accordance with U.S. government guidelines. The refund pro…
Business·Industry
“First Production of Robot Actuators… Aiming to Contribute to Company-Wide Earnings by 2030”—LGELECTRONICS Conference Call
“In the first half of the year, we established an actuator pilot line at our Changwon plant and are currently verifying mass-production feasibility and stabilizing quality through the production of in…
Business·Industry
“Collaboration with NVIDIA on Robotics, AI Factories, and Mobility… Also Considering a Platform Alliance”—LGELECTRONICS Conference Call
“In the robotics sector, we are combining LG Corp.’s hardware and manufacturing capabilities with NVIDIA’s physical AI technology to develop robots for manufacturing sites, from proof of concept throu…