Corporation
Electronics
SamsungElectronics: "Supply Shortages to Worsen Next Year… HBM4 Sales to Triple in the Third Quarter"
SamsungElectronics forecasts that the artificial intelligence (AI) memory supercycle will become even more robust. The company projects that sales of next-generation high-bandwidth memory (HBM4) in th…
Electronics
“AIDC’s First-Half Orders for Cooling Systems Exceed 600 billion won… Targeting Trillions of won by Year-End”—LGELECTRONICS Conference Call
“Orders for our AI data center cooling solutions have already exceeded 600 billion won in the first half of the year, and production is currently underway. We are aiming to secure AI data center proje…
Electronics
“TV Business Expected to Post a Significant Annual Profit This Year”—LGELECTRONICS Conference Call
“The MS Business Division saw improved performance in the first half of the year, driven by an expansion in the share of premium products, improved pricing strategies, and a recovery in overseas opera…
Electronics
“LG Magna’s Mexico Plant Accounts for Over 40% of Sales… Hungary to Begin Mass Production in 2027”—LGELECTRONICS Conference Call
“The LG Corp. Magna plant in Mexico has entered a phase of stable production following a continuous ramp-up since it began operations in September 2023. It currently accounts for more than 40% of LG M…
Electronics
“Received Full Refund of U.S. Tariffs… One-Time Gain/Loss of 300 Billion Won in 2Q”—LGELECTRONICS Conference Call
“Regarding the existing tariffs ruled unlawful by the U.S. Supreme Court, we proceeded with the refund process for previously paid tariffs in accordance with U.S. government guidelines. The refund pro…
Electronics
“First Production of Robot Actuators… Aiming to Contribute to Company-Wide Earnings by 2030”—LGELECTRONICS Conference Call
“In the first half of the year, we established an actuator pilot line at our Changwon plant and are currently verifying mass-production feasibility and stabilizing quality through the production of in…
Electronics
“Collaboration with NVIDIA on Robotics, AI Factories, and Mobility… Also Considering a Platform Alliance”—LGELECTRONICS Conference Call
“In the robotics sector, we are combining LG Corp.’s hardware and manufacturing capabilities with NVIDIA’s physical AI technology to develop robots for manufacturing sites, from proof of concept throu…
Electronics
ESS Fills the Gap Left by Electric Vehicles… Three Battery Makers Post 'Simultaneous Profits' for the First Time in Seven Quarters
South Korea’s three major battery manufacturers have all posted profits for the first time in seven quarters, driven by energy storage systems (ESS). Their strategy of repurposing production lines—whi…
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…
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…