Economy
Business·Industry
SKSQUARE Reports Record-High Second-Quarter Operating Profit of 19.2 Trillion Won… Prepares for New Investments in AI and Semiconductors
SKSQUARE(402340)achieved record-high earnings for both the quarter and the first half of the year, driven by strong performance at SK hynix(000660)and a portfolio restructuring focused on AI and semic…
Business·Industry
Hyundai Motor Union Extends Strike to 6 Hours… Negotiations Set to Resume on the 18th
As the Hyundai Motor Company labor union escalates its strike actions surrounding this year’s wage negotiations, labor and management are set to resume negotiations on the 18th. The union had original…
Business·Industry
SK hynix’s Unified Union Breaks Down Job Category Barriers… Will It Transform Labor-Management Relations Beyond Performance Bonuses?
The SK hynix Unified Labor Union, which was formed amid a dispute over performance-based pay, has embarked on an experiment to create a new union that encompasses production workers as well as technic…
Business·Industry
LG Innotek: 77.9% of First-Half Revenue Came from Apple… Total Revenue Reached 8.8 Trillion Won
A single customer, believed to be Apple, accounted for more than 80% of LG Innotek’s revenue in the first half of this year. Amid rising capacity utilization rates for camera modules and semiconductor…
Business·Industry
BukwangPharmaceutical: "Subsidiary UNION KOREA PHARM CO.,Ltd Files to Conclude Reorganization Proceedings"
Exterior view of BukwangPharmaceutical’s headquarters (Photo courtesy of BukwangPharmaceutical)
BukwangPharmaceutical(003000) ’s subsidiary, UNION KOREA PHARM CO.,Ltd., has largely completed debt …
Business·Industry
LGD President Jeong Cheol-dong Earns 1.45 Billion Won in First-Half Compensation… Workforce Reduced by 1,500 Employees
Jeong Cheol-dong, President and CEO of LG Display, received compensation totaling 14.5 billion won in the first half of this year. Additionally, LG Display’s workforce decreased by more than 1,500 emp…
Business·Industry
Tego Science, Inc. Reports 8% Increase in First-Half Revenue… Operating Loss of 3 Billion Won Due to Expanded R&D
Tego Science, Inc.’s Magok Headquarters (Photo: Tego Science, Inc.)
Tego Science, Inc.(191420)reported that despite revenue growth in the first half of this year, its operating loss widened due to…
Business·Industry
Pharmicell Launches Redesigned Version of Its Dermacosmetic Brand ‘Playcell’
Playcell’s flagship product, the “Playcell Panthenol Healer Ampoule” (Photo courtesy of Pharmicell)
Pharmicell(005690)announced on the 14th that it has relaunched “PLAYCELL,” the daily skincare br…
Business·Industry
KG Chemical Reports 2nd-Quarter Operating Profit of 90.9 Billion Won… Up 15.3% Year-Over-Year
KG Chemical announced on the 14th that its second-quarter consolidated revenue and operating profit both saw significant year-over-year growth, driven by the growth of its major subsidiaries and the r…
Business·Industry
Koo Kwang-mo and Jensen Huang Meet Again… Set to Unveil Humanoid Robot
LG Corp. Chairman Koo Kwang-mo met with NVIDIA CEO Jensen Huang in the U.S. two months after Huang’s visit to South Korea last June, marking a move to expand their comprehensive collaboration. LG is e…