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Japan's SoftBank Group reported a surprise loss of 477.6 billion yen in April-June, its third straight quarter of losses. The result was far worse than a Refinitiv SmartEstimate of 75...
Japan's SoftBank Group posted a surprise loss but said it was dipping its toes back into new investments after its Vision Fund unit returned to ......
SEOUL :South Korea's LG Energy Solution Ltd missed expectations for quarterly profit on Thursday as the battery maker booked a one-off cost for General Motor's recall of its Bolt electric vehicle, sending its shares down as much as 4.5 per cent.The company, which supplies General Motors Co, Tesla Inc and othe
Jihoon Lee: The company, which supplies General Motors Co, Tesla Inc and others, warned it faces weaker EV demand in Europe and China than previously expected.
SEOUL (Reuters) -South Korea's SK Hynix said on Wednesday the memory chip market was beginning to recover from a deep downturn amid robust artificial intelligence demand, sending its shares higher even though it reported a second-quarter operating loss. In particular, memory chip demand from corporate buyers and gaming personal computers is expected to increase in the second half of the year versus the first, the world's second-biggest memory chip maker said in a statement. SK Hynix shares rose 1.8% in early trade, versus a flat wider market.