Economy
Business·Industry
[Breaking News] LG Energy Solution Reports 2Q Operating Profit of 113.3 Billion Won… Returns to Profitability Compared to Previous Quarter
LG Energy Solution announced on the 30th that its consolidated operating profit for the second quarter of this year was preliminarily estimated at 113.3 billion won. This represents a 77.0% decrease c…
Business·Industry
Huge Bonuses Don’t Come for Free… SK Hanik’s Unprecedented Hiring Drive Causes a Stir
SK hynix is overhauling its recruitment process to select new hires based on their ability to utilize artificial intelligence (AI) and their critical thinking skills in identifying the root causes of …
Business·Industry
"People Still Line Up Even When Prices Rise"... MLCC Industry Smiles
As the shortage of multilayer ceramic capacitors (MLCCs) for artificial intelligence (AI) servers worsens, major manufacturers are beginning to raise prices in earnest. SamsungElectroMechanics has dec…
Business·Industry
NEXENTIRE’s 2Q Operating Profit Down 19% Due to U.S. Anti-Dumping Duties… Revenue Growth Continues
A panoramic view of NEXENTIRE’s Seoul Research and Development (R&D) Center, “The Nexen University.” (Photo courtesy of NEXENTIRE)
NEXENTIRE(002350)Nexen Tire’s operating profit for the second qua…
Business·Industry
LGELECTRONICS Completes 100 Billion Won Share Buyback… Announces 89.7 Billion Won Interim Dividend
LGELECTRONICS will pay an interim dividend of 500 won per share on both common and preferred stock and will cancel the 100 billion won worth of treasury stock it recently purchased by the end of the y…
Business·Industry
[Breaking News] NEXENTIRE Reports 2nd-Quarter Operating Profit of 34.3 Billion Won… Down 19.5% Year-Over-Year
NEXENTIRE(002350)announced on the 29th that its consolidated operating profit for the second quarter of this year was 34.3 billion won, a 19.5% decrease compared to the second quarter of last year.Rev…
Business·Industry
Business Leaders Visit Brazil, a 'Market of 200 Million People'… Expanding Cooperation in Supply Chains, AI, and Beauty
Business leaders from South Korea and Brazil have agreed to expand cooperation across a wide range of strategic industries, from critical mineral supply chains to artificial intelligence (AI), biotech…
Business·Industry
“ADRs Can Be Converted to Won Shares Starting July 30”—SK hynix Conference Call
“Starting July 30—the day after Onejoon Co., Ltd.’s listing on the Korea Exchange is completed—ADRs can be freely converted into Onejoon Co., Ltd. shares. However, converting Onejoon Co., Ltd. shares …
Business·Industry
“Reviewing Additional Shareholder Return Measures… to Be Announced to the Market by Year-End”—SK hynix Conference Call
“We have established the following as our core principles for capital allocation: striking a balance between future investments to secure structural growth opportunities in the AI era, maintaining a s…
Business·Industry
“Next Year’s HBM Price Negotiations on Track… Comprehensive Consideration of DRAM Prices and Technical Complexity”—SK hynix Conference Call
“We are currently negotiating 2027 HBM prices with our customers, and the discussions are proceeding smoothly. HBM is a product that requires more wafers, advanced manufacturing processes, and signifi…