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AmorePacific Group's operating profit fell 44% from the previous year to 152 billion won last year
Reporter Paul Lee 2024.01.31
[Alpha Biz=(Chicago) Reporter Paul Lee] KOSPI-listed AmorePacific Group announced on the 30th that its operating profit was KRW 15 ...

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LG Innotek issues corporate bonds of up to 300 billion won
Reporter Kim Jisun 2024.01.31
[Alpha Biz=(Chicago) Reporter Kim Jisun] LG Innotek will issue corporate bonds (credit rating AA-) worth up to 300 billion won.It ...

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The HMM Haewon union sent a letter to Han Dong-hoon requesting the suspension of the sale to Harim Group
Reporter Kim Jisun 2024.01.31
[Alpha Biz=(Chicago) Reporter Kim Jisun] The MM Haewon Union (Screw Union) announced on the 30th that it has delivered a letter to ...

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Samsung Display lost first place in foldable OLED market share to China's BOE in the fourth quarter of last year.
Reporter Kim Jisun 2024.01.31
[Alpha Biz=(Chicago) Reporter Kim Jisun] It was revealed that Samsung Display lost its first place in market share to Chinese disp ...

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Korean Air saw its annual operating profit drop 45 percent on-year last year
Reporter Kim Jisun 2024.01.31
[Alpha Biz=(Chicago) Reporter Kim Jisun] Korean Air announced on the 30th that its annual operating profit last year was 1.5869 tr ...

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Naver will provide broadcasting rights on the game streaming platform CHZZK from the 19th of next month
Reporter Kim Jisun 2024.01.31
[Alpha Biz=(Chicago) Reporter Kim Jisun] Naver announced on the 30th that it will provide the authority to allow anyone to access ...

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Kakaotalk stops the free emoji service
Reporter Kim Jisun 2024.01.31
[Alpha Biz=(Chicago) Reporter Kim Jisun] KakaoTalk stops the emoji service that can be used free of charge in its own app.Accordin ...

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LS Materials enters battery parts business
Reporter Kim Jisun 2024.01.31
[Alpha Biz=(Chicago) Reporter Kim Jisun] LS Materials will enter the aluminum battery parts business for electric vehicles (EV) in ...

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Hyundai Steel's operating profit was cut in half last year with KRW 807.3 billion
Reporter Kim Jisun 2024.01.31
[Alpha Biz=(Chicago) Reporter Paul Lee] Hyundai Steel announced on the 30th that it recorded sales of 25.9148 trillion won and ope ...

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Jang Won-jun, former CEO of Shinpoong Pharmaceutical, was sentenced to 2 years and 6 months in prison in the first trial on charges of embezzlement and breach of trust.
Reporter Kim Jisun 2024.01.31
[Alpha Biz=(Chicago) Reporter Kim Jisun] The court sentenced Jang Won-joon, former CEO of Shinpoong Pharmaceutical Co., who is sus ...

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Police have launched an investigation into POSCO's "luxury villa" for executives
Reporter Kim Jisun 2024.01.31
[Alpha Biz=(Chicago) Reporter Kim Jisun] It has been confirmed that the police have launched an investigation into POSCO Holdings' ...

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POSCO FutureM posted 4Q operating loss of 73.6 billion won last year
Reporter Kim Jisun 2024.01.30
[Alpha Biz=(Chicago) Reporter Kim Jisun] POSCO Future M announced on the 30th that it turned into a deficit with an operating loss ...

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NH Investment & Securities maintained its target stock price of 440,000 won and investment opinion 'buy' for Hyosung T&C.
Reporter Paul Lee 2024.01.30
[Alpha Biz=(Chicago) Reporter Paul Lee] NH Investment & Securities judged on Hyosung T&C on the 30th that major indicators ...

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Lotte Energy Materials' operating profit fell 86% year-on-year to 12 billion won last year
Reporter Kim Jisun 2024.01.30
[Alpha Biz=(Chicago) Reporter Kim Jisun] Lotte Energy Materials announced on the 29th that its operating profit fell 86% year-on-y ...

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Naver's US web novel platform Wattpad has laid off about 30 people
Reporter Kim Jisun 2024.01.30
[Alpha Biz=(Chicago) Reporter Kim Jisun] Wattpad, a subsidiary of Naver and a North American web novel platform, made another cut ...

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Samsung Electronics' bonus payment rate is '0 won' for semiconductors vs. mobile '50% annual salary'
Reporter Paul Lee 2024.01.30
[Alpha Biz=(Chicago) Reporter Paul Lee] There were mixed feelings of performance-based bonuses within Samsung Electronics, which s ...

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Kakao announced that the sale of SM was "not true."
Reporter Kim Jisun 2024.01.30
[Alpha Biz=(Chicago) Reporter Kim Jisun] The sale of SM Entertainment (SM) was announced on the 29th, saying, "It is not true." It ...

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Hite Jinro saw its operating profit drop 123.935 billion won last year due to increased Kelly's advertising costs
Reporter Kim Jisun 2024.01.30
[Alpha Biz=(Chicago) Reporter Kim Jisun] Hite Jinro showed poor performance last year due to rising raw material prices and increa ...

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Worker dies after being hit by a commuter bus in front of Samsung Semiconductor factory in Pyeongtaek
Reporter Kim Jisun 2024.01.30
[Alpha Biz=(Chicago) Reporter Kim Jisun] A worker in his 20s was hit and killed by a commuter bus while crossing a crosswalk at th ...

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The LG Energy Solution union plans to deliver a letter of protest to CEO Kim Dong-myeong due to complaints about performance bonuses.
Reporter Kim Jisun 2024.01.30
[Alpha Biz=(Chicago) Reporter Kim Jisun] According to the industry on the 30th, the LG Energy Solution labor union issued an inter ...