Corporation
Lifestyle
"Even 1,000 won is too much"... Round 2 of the constant ultra-low-price competition among major supermarkets' private-label brands
680 won for a block of soft tofu, 980 won for 400g of tofu. Prices for private-label (PB) products at major supermarkets are dropping below 1,000 won. Until now, 1,000 won has been widely regarded as …
Automotive
[Breaking News] HL Mando Reports 2nd-Quarter Operating Profit of 107 billion won… Up 2.8% Year-Over-Year
HL Mando(204320)announced on the 30th that its consolidated operating profit for the second quarter of this year was 107 billion won, a 2.8% increase compared to the same period last year. Revenue for…
Electronics
LGELECTRONICS Posts ‘Surprise Earnings’ Even Excluding Tariff Refunds… Strong Profitability Across All Business Divisions (Comprehensive)
LGELECTRONICS posted record-high second-quarter sales and operating profit this year. Despite rising logistics costs due to the war in the Middle East and a global slowdown in consumer spending, profi…
Lifestyle
Binggrae Sponsors “Together” for Navy Personnel for the Third Consecutive Year
Binggrae(005180)is sponsoring ice cream for Navy personnel for the third consecutive year.
Binggrae’s “Together” ice cream. (Photo courtesy of Binggrae)
Binggrae announced on the 30th that, in a…
Electronics
SAMSUNG SDI CO.,LTD. Accelerates Return to Profitability… ‘Earnings Surprise’ Driven by AI and ESS (Comprehensive)
SAMSUNG SDI CO.,LTD. has emerged from its loss-making period faster than expected, driven by its energy storage systems (ESS) and high-power batteries for artificial intelligence (AI) data centers. Af…
Electronics
SamsungElectroMechanics Rides the Wave of AI Demand… “Projected to Post Record-High Third-Quarter Earnings” (Comprehensive)
SamsungElectroMechanics posted second-quarter earnings that exceeded market expectations, driven by rising demand for multilayer ceramic capacitors (MLCCs) and high-value-added semiconductor substrate…
Electronics
“Humanoid Robots Likely to Be First to Commercialize All-Solid-State Batteries… Mass Production Expected in the Second Half of 2027”—SAMSUNG SDI CO.,LTD. Conference Call
“We are preparing for mass production of all-solid-state batteries in the second half of 2027, as originally planned. Considering current customer demand and partnership status, it is highly likely th…
Electronics
“ESS Sales to Grow Significantly in the Second Half… Small-Cell Battery Production Capacity Operating at Full Capacity”—SAMSUNG SDI CO.,LTD. Conference Call
“We expect the trend of improved earnings seen in the first half to continue into the second half. For ESS, sales are projected to expand significantly in the second half, driven by growing demand for…
Electronics
“ESS Orders Expected to Exceed Production Capacity by 2028… Considering Additional Expansion”—SAMSUNG SDI CO.,LTD. Conference Call
“In the U.S. market recently, there has been a growing preference for prismatic LFP products that meet non-Chinese supply chain requirements and offer excellent safety, leading to a steady stream of o…
Management
Amore Pacific Posts 'Surprise Second-Quarter Results' Amid 'K-Beauty's Global Expansion' (SANG BO Co.,Ltd.)
AMOREPACIFIC CORPORATION posted “surprise earnings” for the second quarter, driven by strong performance in North America, Europe, and Asia amid the popularity of K-Beauty. AmoreG(002790)(Amore G) ann…