LG Energy Solution (LGES), South Korea’s leading manufacturer of lithium-ion batteries, said Thursday it will make an equity investment in U.S. startup Sion Power for next-generation battery development.
The investment is for technology partnership …
Hyundai Glovis Co. on Thursday reported its 2023 net profit of 1.07 trillion won (US$800.6 million), down 10.3 percent from a year earlier.
The company said in a regulatory filing that it posted 1.55 trillion won in operating profit for the year, co…
Kia Corp. on Thursday reported its 2023 net income of 8.77 trillion won (US$6.6 billion), up 62.3 percent from a year earlier.
Operating profit for the year was 11.6 trillion won, up 60.5 percent from the previous year, the company said in a regulat…
LG Electronics Inc. on Thursday reported its 2023 net profit of 1.15 trillion won (US$861.2 million), down 38.2 percent from a year earlier.
The company said in a regulatory filing that it posted 3.54 trillion won in operating profit for the year, c…
Kia Corp. on Thursday reported its fourth-quarter net income of 1.62 trillion won (US$1.2 billion), down 20.5 percent from a year earlier.
The company said in a regulatory filing that it posted 2.46 trillion won in operating profit for the quarter, …