[Edaily Reporter JAEMIN SONG ] “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 Magna’s total revenue and is making an increasingly significant contribution to improving business performance. The Hungary plant serves as a key hub to meet European automakers’ demands for value chain localization and is preparing to begin mass production in January 2027. The company also plans to secure new orders by leveraging its Eastern European production base to ensure high capacity utilization rates from the outset.”
The slump in the non-investment-grade corporate bond market—which has been centered on BBB-rated bonds this year—is expected to spread to A-rated companies next year. As the burden of issuing corporat…
Amid broader market volatility on Thursday, South Korea’s biopharmaceutical sector lacked a clear directional trend, leaving traditional, profitable pharmaceutical and biotech firms to anchor investor…
A forecast indicates that U.S. production of humanoid robots will reach up to 400,000 units by 2030 and 1.5 million units by 2035. Analysts predict that as the humanoid robot industry moves beyond tec…
