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South Korean display panel maker LG Display on Wednesday pinned hopes for a second-half turnaround on the tech sector replenishing depleted inventories after racking up a fourth straight quarterly loss that trailed estimates.
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South Korea's LG Energy Solution said on Wednesday quarterly profit more than doubled, as the battery maker benefited from subsidies from the U.S. Inflation Reduction Act and solid U.S. sales of electric vehicles.
South Korea's Hyundai Motor Co on Tuesday reported a 109% increase in first-quarter profit thanks to a rise in vehicle output as a global chip shortage eased and demand for its high-margin... | April 25, 2023
Hyundai and partner SK On will set up a new battery manufacturing plant in the state of Georgia
South Korea's Hyundai Motor Co said on Tuesday it had finalised a $5 billion electric vehicle battery joint venture in the U.S., boosting electrification efforts in its largest market. ... | April 25, 2023