Economy
Business·Industry
LG Energy Solution Returns to Profit After Three Quarters… Reports a 127.7 Billion Won Loss Excluding Subsidies (SANG BO Co.,Ltd.)
LG Energy Solution returned to profitability in the second quarter of this year, ending the string of losses that had continued since the fourth quarter of last year. The improvement in earnings was d…
Business·Industry
Yuhan Corporation’s ‘Dangkyu-rak’ Launches in Mexico... Expanding Its Presence in the Latin American Dietary Supplement Market
Yuhan(000100)is launching a full-scale offensive into the Central and South American health functional food market, spearheaded by its blood sugar management probiotic “DangQLac.” The company’s strate…
Business·Industry
HYUNDAI BIOSCIENCE CO., LTD. Confirms Efficacy in Government-Funded Project... Inhibits H1N1 Virus Proliferation by 99.2%
#HYUNDAI BIOSCIENCE CO., LTD. has demonstrated that niclosamide, the active ingredient in its broad-spectrum antiviral candidate “Zefti,” exhibits potent antiviral activity in human-derived tissues. T…
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…