SEOUL, Oct. 12 (Korea Bizwire) — LG Chem Ltd., South Korea’s leading chemical firm, said Monday its operating profit hit a quarterly record high in the third quarter amid robust sales at the petrochemical and electric vehicle (EV) battery units. In its earnings guidance, the South Korean electric vehicle battery maker estimated its operating profit [...]
SEOUL, Oct. 8 (Korea Bizwire) — Samsung Electronics Co. on Thursday expected its third-quarter profit to be the largest in two years, as its chip business got a boost from U.S. sanctions on Huawei Technologies Co. and its mobile sales bounced back on pent-up demand amid the pandemic. In its earnings guidance, the South Korean [...]
SEOUL, Oct. 8 (Korea Bizwire) — LG Electronics Inc. on Thursday expected its best-ever third-quarter earnings, as its home appliance and TV sales apparently got a boost from pent-up demand amid the pandemic-driven stay-at-home trend. In its earnings guidance, the South Korean tech firm projected its operating profit at 959 billion won (US$831 million) for [...]