Most Popular
-
1
Now is no time to add pressure on businesses: top executives
-
2
CJ CheilJedang to spur overseas growth with new Hungary, US plants
-
3
Seoul to host winter festival from Dec. 13
-
4
Nationwide rail disruptions feared as union plans strike from Dec. 5
-
5
Blackpink's solo journeys: Complementary paths, not competition
-
6
N. Korea, Russia court softer image: From animal diplomacy to tourism
-
7
[Today’s K-pop] Blackpink’s Jennie, Lisa invited to Coachella as solo acts
![[Today’s K-pop] Blackpink’s Jennie, Lisa invited to Coachella as solo acts](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/11/21/20241121050099_0.jpg&u=20241121172748)
-
8
Smugglers caught disguising 230 tons of Chinese black beans as diesel exhaust fluid
-
9
Actor Song Joong-ki welcomes second child in Rome
-
10
Korean Air offers special flights for mileage users
![[Today’s K-pop] Blackpink’s Jennie, Lisa invited to Coachella as solo acts](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/11/21/20241121050099_0.jpg&u=20241121172748)
[THE INVESTOR] LG Innotek, the electronics parts unit of LG Group, suffered an operating loss of 34 billion won (US$30 million) in the April-June period, the company said in its quarterly earnings report on July 27.
Revenue stood at 1.12 trillion won, down 22.6 percent from a year ago.
The company said the slowing demand for smartphones has affected its overall sales negatively, adding that it would making a big push on the more lucrative automotive parts business as its new growth engine.
In the second quarter, car parts sales soared 29 percent to 200.9 billion won. In the first half of this year, the company said it has secured related orders worth 1.1 trillion won. The company predicted an additional 2 trillion won orders in the latter half of this year.
By Lee Ji-yoon (jylee@heraldcorp.com)
Revenue stood at 1.12 trillion won, down 22.6 percent from a year ago.
The company said the slowing demand for smartphones has affected its overall sales negatively, adding that it would making a big push on the more lucrative automotive parts business as its new growth engine.
In the second quarter, car parts sales soared 29 percent to 200.9 billion won. In the first half of this year, the company said it has secured related orders worth 1.1 trillion won. The company predicted an additional 2 trillion won orders in the latter half of this year.
By Lee Ji-yoon (jylee@heraldcorp.com)
![[Today’s K-pop] Babymonster logs 100m views with ‘Drip’ music video](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=642&simg=/content/image/2024/11/22/20241122050051_0.jpg&u=20241122172213)