Corporation
Electronics
Lee Jae-yong Departs for the U.S. to Attend the Sun Valley Conference… to Meet with Big Tech CEOs
SamsungElectronics Chairman Lee Jae-yong will depart on the 7th to attend the “Sun Valley Conference” in the United States, which will be attended by CEOs from the global information technology (IT) i…
Electronics
LGELECTRONICS Posts Record-High 'Surprise Earnings'… First-Half Operating Profit Exceeds Last Year's Total (Comprehensive)
LGELECTRONICS posted an “earnings surprise” in the second quarter of this year, significantly exceeding market expectations. Its operating profit for the first half of the year alone surpassed last ye…
Electronics
[Breaking News] LGELECTRONICS Reports 1.5788 Trillion Won in Second-Quarter Operating Profit… Up 146.9% Year-Over-Year
LGELECTRONICS announced on the 8th that it recorded consolidated preliminary results for the second quarter of this year, with revenue of 23.8297 trillion won and operating profit of 1.5788 trillion w…
Electronics
[Breaking News] LG Corp. Reports 113.3 Billion Won in Second-Quarter Operating Profit… Returns to Profitability Compared to Previous Quarter
LG Energy Solution announced on the 7th that its consolidated operating profit for the second quarter of this year was preliminarily estimated at 113.3 billion won. This represents a 77% decrease comp…
Electronics
SamsungElectronics’ Q2 Operating Profit Exceeds 100 Trillion Won Excluding Provisions… Sets Another Record (Comprehensive)
Riding the wave of a memory chip boom, SamsungElectronics posted an operating profit of over 89 trillion won in the second quarter of this year. In particular, excluding provisions for performance bon…
Electronics
SamsungElectronics Posts 89 Trillion Won in Operating Profit, Setting 'Another Record'… Surpasses NVIDIA (SANG BO Co.,Ltd)
SamsungElectronics has once again set a new record for quarterly earnings, driven by the artificial intelligence (AI) memory supercycle. The company surpassed 170 trillion won in revenue and 80 trilli…
Electronics
Samsung Plans to Offer 500 Million Loans Only to Employees Earning "Below the National Average"… Is the Practice of In-House Housing Loans Spreading Throughout the Business Community?
As Samsung Display has implemented a housing stability loan program for its employees, SamsungElectronics is also discussing the introduction of a similar program. Since Samsung Display has limited th…
Electronics
"2 Trillion Won in Sales Thanks to 20% Cashback"—Samsung's Audit Festival a Huge Hit… Positive Sign for DX Earnings
With SamsungElectronics’ “Together with the People: SamsungElectronics Appreciation Festival,” which began on the 8th of last month, coming to a close on the 5th, there are expectations that this even…
Electronics
Air Conditioners Flying Off the Shelves in Scorching Europe… Samsung and LG Corp. Post Double-Digit Growth
Demand for air conditioners is surging amid the extreme heatwave sweeping across Europe. However, Europe is a market where installing outdoor units and running ductwork is challenging, as there is lit…
Electronics
10th Anniversary of Samsung’s Wind-Free Air Conditioner Launch… Company Sets Sights on Global B2B Market
SamsungElectronics’ Wind-Free air conditioner, first introduced in 2016, has marked its 10th anniversary. SamsungElectronics announced on the 5th that it is expanding the supply of Wind-Free air condi…