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Iron Device Posts Record Quarterly Sales as Second-Quarter Loss Narrows
(Image: Iron Device) Iron Device said Aug. 13 that its consolidated sales for the second quarter rose more than sixfold from a year earlier to about 5.7 billion won, marking its highest quarterly revenue on record. Cumulative sales for the first half reac
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Hana Materials' Second-Quarter Operating Profit More Than Triples
Electrode for semiconductor etching processes produced by Hana Materials. (Photo: Hana Materials) Hana Materials reported second-quarter sales of 90.1 billion won and an operating profit of 26 billion won, the company announced on August 13. Sales increas
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Hyundai Rotem, KAI Team Up on Long-Range Air-to-Air Missile for KF-21
From left, Cho Hyung-joon, head of Hyundai Rotem's Aerospace, Defense & Robot, Hydrogen (AD&RH) Business Division, and Kim Yong-min, head of KAI's Business Division. (Photo: Hyundai Rotem) Hyundai Rotem and Korea Aerospace Industries (KAI) will cooperate
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KAI Signs Contract to Supply One More Cham-Suri Helicopter to Police
A Cham-Suri police helicopter based on KAI's Surion multipurpose helicopter. (Photo: Korea Aerospace Industries) Korea Aerospace Industries(KAI) will supply one additional Cham-Suri police helicopter, based on the Surion platform, to the Korean National P
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HD Hyundai Reviews Second-Half Strategy, AI and Data Security
HD Hyundai Chairman Chung Kisun. (Photo: HD Hyundai) HD Hyundai reviewed the future growth strategies of its affiliates and the status of artificial intelligence (AI) adoption. HD Hyundai announced on August 13 that it held a group presidents' meeting at
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Samyang NC Chem Operating Profit Rises 30.2% in 2Q
(Photo: Samyang NC Chem) Samyang NC Chem announced that its second-quarter performance experienced a slight quarter-on-quarter contraction due to customer inventory management, though a rebound is anticipated in the second half driven by robust demand for
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LS Electric Secures CSA Recognized Testing Lab Status
LS Electric's Power Testing & Technology Institute (PT&T). LS Electric has secured recognized testing laboratory status from the Canadian Standards Association (CSA), allowing it to conduct tests required for the certification of power equipment for the N
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Hanwha Systems, TTA to Develop AI-Based 5G Tactical Communications System
Officials from Hanwha Systems and the Telecommunications Technology Association (TTA) pose for a photo after signing an agreement to cooperate on the development of an AI-based 5G tactical communications system and MOSS. Hanwha Systems is developing an ar
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Hyundai Motor Group Applies Water-Cooled Battery System to Hybrid Vehicles
Hyundai Motor Group is applying a water-cooled battery system to its hybrid system for the first time. The technology increases battery discharge output and expands the range in which the motor operates, delivering driving performance closer to that of an
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KT&G Opens 'lil Archive' to Mark 10 Years of Heated-Tobacco Brand
KT&G has opened a brand exhibition space to mark the 10th year since the launch of its heated-tobacco product lil. KT&G announced on August 13 that it opened the "lil Archive" exhibition space on August 10 at its lil Minimalium KT&G Tower location in Daec
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