Corporation
Electronics
U.S. EV Plants Resume Operations… Korean Batteries Gain Momentum in North American EV Market
Production of electric vehicle batteries is set to resume at Plant 1 of Ultium Cells in Ohio, jointly operated by U.S.-based General Motors (GM) and LG Energy Solution. The plant, which had suspended …
Lifestyle
HITEJINRO Reports 0.7% Increase in Second-Quarter Operating Profit… “Sound Management Amid Weakening Consumption”
HITEJINRO(000080)managed to maintain its operating profit at last year’s level despite a decline in revenue in the second quarter of this year. This was the result of efforts to manage profitability—i…
Electronics
LG Corp.’s First-Half Capacity Utilization Rebounds to 52.8%… R&D Investment Hits Record High
LG Energy Solution’s domestic and overseas production facility utilization rate rose to 52.8% in the first half of this year. While the utilization rate—which had been on a downward trend in recent ye…
Lifestyle
E-MART Co., Ltd. Reports 43 Billion Won Operating Loss in Q2… Swings to a Loss Compared to the Previous Year (SANG BO Co.,Ltd.)
Despite a recovery in its core business, E-MART Co., Ltd. posted an operating loss in the second quarter, dragged down by its subsidiaries Starbucks (SCK Company), SG CO., LTD., and E-Mart 24. E-MART …
SMEs
Mirae Asset Venture Investment Co., Ltd. Expects to Exceed 900 Billion Won in Fund Size This Year Through Capital Contributions from Major Policy Institutions
Mirae Asset Venture Investment Co., Ltd(100790)has secured a series of investment projects from major policy institutions this year, raising a total of 469 billion won in new funds as of August.
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Electronics
Former Samsung Chairman Kwon Oh-hyun: “Semiconductor Industry to Grow for at Least 10 Years… Corporate Innovation Starts with Leadership”
On the 13th, Kwon Oh-hyun, former chairman of SamsungElectronics, addressed the conflict surrounding SamsungElectronics’ N% performance-based bonus tied to operating profit, stating, “This situation a…
Lifestyle
Laseroptek Co., Ltd. Targets the Melasma Market in Central and South America... ‘Helios 785’ Proves Its Clinical Value
Laser medical device specialist Laseroptek Co., Ltd.(199550)is accelerating its push into the Central and South American melasma treatment market. Laseroptek Co., Ltd. announced on the 13th that it pa…
Lifestyle
BYC Hosts T-Shirt Design Contest for Children’s Clothing Brand Cocomome
BYC’s kids’ fashion brand, Cocomome, is hosting a special summer vacation experience event.
(Image courtesy of BYC)
BYC announced on the 13th that it will hold a special summer vacation event—t…
Lifestyle
HYUNDAI BIOSCIENCE CO., LTD. Administer First Dose in Phase 1 Prostate Cancer Trial... “First Human Clinical Trial to Solve the 80-Year-Old ‘Pseudo-Resistance’ Puzzle”
#HYUNDAI BIOSCIENCE CO., LTD. announced on the 13th that it has begun administering the first dose to a patient in the low-dose group of its Phase 1 clinical trial for “Penitrium,” a new anticancer dr…
Electronics
LG Corp. to Develop Skeleton and Ice Hockey Prospects… Also Extends Sponsorship of National Teams
LG Corp. is set to identify and nurture promising athletes in skeleton and ice hockey. The company is also extending its sponsorship of the national teams through 2030, continuing its long-term suppor…