[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.”
Concerns are growing that internal conflicts at SamsungElectronics—which have crossed the line with slander, exposés, and petitions—could adversely affect the company’s long-term competitiveness. In p…
The “formula for success” in K-Beauty distribution is changing. During the era of street shops, brands were the driving force; during the Olive Young era, product variety and discovery were key. Now, …
HanmiPharm(128940)HanmiPharm has taken steps to collect receivables and strengthen internal controls regarding issues with its Chinese subsidiary, Beijing HanmiPharm. This comes after some institution…
