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SEOUL :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
South Korea's LG Display on Wednesday posted its fifth consecutive quarterly loss as poor demand for mobile display panels was compounded by continued weakness in premium TV demand in its key...
SEOUL :South Korea's Hyundai Motor Co raised its annual sales and profit margin guidance on Wednesday, after recording a 15 per cent rise in quarterly net profit helped by a weaker won currency, robust sales of electric vehicles (EVs) and increased production.The world's No.3 automaker by sales together with
Hyundai Motor Co: "The company expects to strengthen sales momentum through production improvements as chip and component supplies stabilise worldwide ... and enhance profitability despite global uncertainties such as interest rate fluctuations," Hyundai said in a statement.
SEOUL :South Korea's LG Display reported a fifth consecutive quarterly loss on Wednesday but forecast a return to profit in the last quarter of the current year, driven by an expansion of mobile panel shipments and other made-to-order business.LG Display expects "a rise in demand for panels" as stockpiles of