Stay updated with breaking news from Refinitiv Smartestimate. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
/cloudfront-us-east-2.images.arcpublishing.com/reuters/FKIHL5J22BM6LM73QL4MWKOOG4.jpg)
Samsung Electronics Co Ltd is likely to turn in its best quarterly profit in three years and a record revenue, on rising memory chip prices and brisk sales of its new foldable smartphones, analysts' estimates show.
/cloudfront-us-east-2.images.arcpublishing.com/reuters/T3QW4P75SVKVPMSMQDDXEINRF4.jpg)
Heekyong YangJoyce Lee 3 minute read The logo of SK Innovation is seen in front of its headquarters in Seoul, South Korea, February 3, 2017. REUTERS/Kim Hong-Ji SEOUL, Aug 4 (Reuters) - SK Innovation Co Ltd (096770.KS), the owner of South Korea's top refiner SK Energy, said on Wednesday its expects refining margins to gradually improve in the second half as COVID-19 retreats and demand rebounds, and confirmed plans to make its battery business a stand-alone unit. The company posted an operating profit of 506 billion won ($441 million) in the April-June quarter, compared with an operating lo...
LG Chem's second-quarter results beats estimates, up 290per cent from year earlier Toggle share menu Advertisement LG Chem's second-quarter results beats estimates, up 290per cent from year earlier South Korea's LG Chem Ltd posted a second-quarter profit that beat market expectations, helped by settlement money from legal disputes between its rival SK Innovation Co Ltd that ended in April. The logo of LG Chem is seen at its office building in Seoul, South Korea, October 16, 2020. REUTERS/Kim Hong-Ji/Files 29 Jul 2021 03:05PM Sh...
LG Display's Q2 profit beats estimates as panel prices rise; shares up Toggle share menu Advertisement LG Display's Q2 profit beats estimates as panel prices rise; shares up South Korea's LG Display Co Ltd on Wednesday posted a better-than-expected second-quarter profit as pandemic-led demand for TVs and laptops drove up panel prices, pushing its shares up as much as 4.2per cent in morning trade. FILE PHOTO: A man walks out of the headquarters of LG Display in Seoul, October 20, 2011. REUTERS/Jo Yong-Hak/File Photo 28 Jul 2021 10:55AM ...
SK Hynix sees strong memory chip demand continuing in second half as profit jumps Toggle share menu Advertisement SK Hynix sees strong memory chip demand continuing in second half as profit jumps SK Hynix said on Tuesday it expects strong memory chip demand to run on for the rest of 2021 on data centre build-outs and the use of more sophisticated chips in smartphones, as it reported its biggest quarterly profit in more than two years. FILE PHOTO: The logo of SK Hynix is seen at its headquarters in Seongnam, South Korea, April 25, 2016. REUTERS/K...