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Lotte Energy Materials narrows losses with AI material push

Lotte Energy Materials said Sunday that it significantly reduced its operating losses in the first quarter thanks to improved cost structures and higher productivity, while accelerating expansion into high-value materials for AI data centers and energy storage systems (ESS).The company posted consolidated revenue of 159.8 billion won ($114 million) and an op..

Hyundai reshapes supply chain amid crisis
Jose Munoz, CEO of Hyundai Motor, said the company is overhauling its global supply chain in response to disruptions caused by the Iran conflict and the cl..

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“Hallyu ban to be removed quickly”: Hopes of thaw in Seoul-Beijing ties: · “Efforts will be made to remove Hallyu ban quickly”; · SK Group Chairman heads to Japan to soften “WD risk”

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