[Edaily Reporter JAEMIN SONG ] 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 compared to the same period last year (operating profit of 492.1 billion won). The company returned to profitability after posting an operating loss of 207.8 billion won in the previous quarter. Revenue totaled 7.5602 trillion won, a 24.8% increase year-over-year.
LG Energy Solution’s plant in Wrocław, Poland. (Photo courtesy of LG Energy Solution)
As demand for personal wealth management—including retirement planning, estate planning, and tax optimization—rises rapidly amid an aging population, global private equity fund (PEF) managers are rush…
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…
C-Lab ( XIIlab Co., Ltd(189330)), an artificial intelligence (AI) infrastructure solutions company, has begun placing orders for graphics processing units (GPUs) and core equipment to carry out its AI…
