Hanwha Aerospace Q1 Operating Profit Rises 21% on Record Order Backlog Hanwha Aerospace said Wednesday that its first-quarter operating profit rose 21% from a year earlier to 638.9 billion won on a consolidated basis. Revenue increased 5% to 5.751 trillion won. In its ground defense business, revenue came to 1.2211 trillion won and operating profit totaled 208.7 billion won. Revenue rose 5% from a year earlier, while operating profit fell 31%. The company said its order backlog hit a record high. Reflecting contracts including a deal finalized in January to export the Chunmoo multiple rocket guided missile system to Norway worth about 1.3 trillion won, the backlog stood at about 39.7 trillion won. The aerospace business posted revenue of 661.2 billion won, up 25% from a year earlier. Operating profit jumped to 22.6 billion won from 3.6 billion won a year earlier, a 533% increase. The company cited higher defense volumes and a larger share of revenue from businesses with solid profitability. Hanwha Ocean reported revenue of 3.2099 trillion won and operating profit of 441.1 billion won. From a year earlier, revenue rose 2% and operating profit increased 71%. The company attributed the improvement to a higher share of high-value commercial ship projects such as LNG carriers, as well as the impact of a weaker won, lower material costs and productivity gains. A Hanwha Aerospace official said the company maintained steady growth in the first quarter, helped by strong results in the aerospace business and at Hanwha Ocean, and pledged to maximize shareholder value through continued order wins beyond the record backlog.* This article has been translated by AI. 2026-04-30 10:53:04

Mother Arrested for Fatal Abuse of 8-Month-Old Son A mother in her 30s has been arrested for allegedly killing her 8-month-old son by repeatedly striking him on the head with a TV remote control. According to Yonhap News on April 30, the Southern Gyeonggi Police Agency has detained the woman, identified as A, on charges of violating the Special Act on the Punishment of Child Abuse Crimes (child abuse resulting in death). A is accused of abusing her son, referred to as B, at their home in Siheung around May 10, leading to his death. After the incident, A and her husband took B to a hospital in Bucheon, where medical staff found he had suffered severe head injuries, including a skull fracture, and recommended hospitalization. However, A chose not to admit the child and returned home. Later, she discovered B unconscious at their residence. On May 13, A returned to the same hospital with B, who died hours later on May 14. Upon receiving the report, police began investigating the circumstances surrounding B's death, suspecting that A and her husband may have been involved. They analyzed footage from a home security camera, which revealed that the couple repeatedly left B alone for several hours. Based on evidence of chronic neglect, police intensified their questioning of the couple. Initially, A claimed she had accidentally injured B while bathing him, but under continued interrogation, she confessed to the abuse. Police arrested A based on her confession. The National Forensic Service also provided preliminary findings indicating that B's death was likely due to head injuries. During police questioning, A reportedly stated that she committed the act because B was crying and would not sleep. Authorities are also investigating B's father as a witness to determine whether he was complicit in the neglect and abuse. Given the severity of the case, police plan to request an arrest warrant for A later today. 2026-04-30 10:51:49

LG Energy Solution: North America Grid ESS Demand Growing 30% a Year; Too Early to Call Oversupply * This article has been translated by AI. 2026-04-30 10:49:57

LG Energy Solution Plans Step-by-Step ESS Output at Lansing, Honda and GM JVs; Targets 50 GW North America Capacity * This article has been translated by AI. 2026-04-30 10:49:31

LG CNS Q1 Operating Profit Rises 19.4% to 94.2 Billion Won LG CNS said Thursday it posted broad first-quarter growth across its businesses, helped by expanding AI and cloud operations. The company said rising demand for AI transformation, along with growth in external projects, lifted both profitability and sales. LG CNS reported first-quarter revenue of 1.315 trillion won and operating profit of 94.2 billion won. Revenue rose 8.6% from a year earlier and operating profit increased 19.4%. Revenue from its AI and cloud business, a key growth driver, climbed 6.7% to 765.4 billion won, accounting for about 58% of total sales. The company said it expanded its AI transformation portfolio across industries including the public and defense sectors, finance, manufacturing, pharmaceuticals and biotech, shipbuilding and defense manufacturing. It also said it is expanding external business by providing agentic AI-based multi-agent services and has secured what it described as the largest number of AI transformation implementation cases in South Korea. LG CNS said it is also strengthening global partnerships, expanding cooperation beyond the three major global cloud providers to include OpenAI and Palantir as it targets the enterprise AI transformation market. It began supplying ChatGPT Enterprise in February and has secured about 10 corporate customers. With Palantir, it said dedicated teams are working together to identify high value-added AI transformation projects. In cloud, the company said it is boosting competitiveness through its data center design, build and operate (DBO) business. It said it won orders worth about 1 trillion won for the Samsong data center, reaffirming its position as a domestic DBO provider. It also introduced a modular AI data center that can be built within six months as it expands its infrastructure business. Revenue from its smart engineering business rose 10.4% to 227.8 billion won. The company said its smart logistics business grew on projects to build automated centers in beauty, food, fashion and defense manufacturing, and that it secured global references through its AI-based logistics optimization solution, “Mobile Shuttle.” Its smart factory business also maintained growth as projects won in defense manufacturing, shipbuilding, semiconductors and pharmaceuticals translated into revenue, the company said. It said its lightweight smart factory solution is spreading into new industries including food, medical, electronics and consumer goods, and that its agentic AI-based battery testing facility has received a positive market response. Revenue from digital business services increased 11.9% to 321.9 billion won. The company said performance was driven by next-generation system projects for major financial firms including NH NongHyup Bank, Mirae Asset Life Insurance and Shinhan Investment Corp. Looking ahead, LG CNS said it plans to expand into physical AI. It said it will pursue robot commercialization through a “full-stack RX (Robot Transformation)” service combining an industry-specific robot foundation model, hardware and a platform. It also said it has secured a broader robot lineup, including humanoids, through steps such as investing in U.S. robotics company Dexmate. The company is also expanding overseas business. It said it won an order in August last year for a hyperscale AI data center project in Jakarta worth about 100 billion won and is pushing to complete it by the end of 2026. The project is being carried out through “LG Sinar Mas,” a joint venture established with Indonesia’s Sinar Mas Group. LG CNS said it is stepping up efforts in Japan and the United States centered on enterprise solutions such as “PerfecTwin,” and is expanding its financial digital transformation business mainly across the Asia-Pacific region. 2026-04-30 10:48:19

Samsung Electronics to Supply First HBM4E Samples in Q2, Company Says Samsung Electronics said Thursday on its conference call for its 2026 first-quarter earnings that it plans to supply the first sample products of HBM4E, a high-bandwidth memory (HBM) chip, during the second quarter. The company said it will continue supplying AI-focused DRAM and NAND products, while actively responding to early memory demand for newly launched graphics processing units (GPUs) and central processing units (CPUs) expected in the second half.* This article has been translated by AI. 2026-04-30 10:47:11

Trump Says Administration Will Release More UFO Records Soon President Donald Trump said the U.S. government will again move to release as much information as possible on UFOs, also known as UAPs, or unidentified anomalous phenomena. Reuters reported that Trump said on April 29 (local time) that his administration would soon make public “as much information as possible” about UFOs. He had made similar remarks at an April 17 event in Phoenix, Arizona, saying he had found “many very interesting documents” during a review and that an initial release would begin soon. The comments reaffirm a disclosure plan he previewed in February. On Feb. 19, he said he would direct the Defense Department and related agencies to identify government documents on UFOs, UAPs and extraterrestrial life and begin the process for releasing them. The AP reported that he cited strong public interest at the time. Trump did not claim to have confirmed the existence of extraterrestrial life. He told the AP, “I don’t know if they’re real,” and said he had no opinion on the matter. The Pentagon’s past assessments have leaned against evidence of alien technology. Reuters said a 2024 Defense Department report found no proof of extraterrestrial technology in government investigations dating back to World War II, and concluded many sightings were misidentifications of ordinary objects or natural phenomena. In 2022, senior U.S. military leaders also said they had found no evidence that aliens had visited Earth or crashed here.* This article has been translated by AI. 2026-04-30 10:46:21

LG Energy Solution Says It Began Supplying 46-Series Cells From Ochang, Eyes Arizona Shipments This Year * This article has been translated by AI. 2026-04-30 10:45:13

Samsung Expects Lower Smartphone Shipments in H2, Higher Revenue on Premium Mix Samsung Electronics said Thursday on its conference call for 2026 first-quarter results that it expects the smartphone market to see lower shipments in the second half as component prices rise, but revenue to increase as sales shift toward higher-end premium models. For tablets, the company forecast declines in both unit volume and revenue, citing cost pressures and reduced promotions. For notebooks and PCs, it said revenue is expected to grow on higher average selling prices, while shipments are likely to fall. Samsung said it will pursue flagship-led growth by strengthening AI features and advancing form-factor innovation. For foldables, it said it will further refine product development to meet a wider range of user needs. * This article has been translated by AI. 2026-04-30 10:42:41

Hanwha Systems Installs Homegrown Ship Engine Control System on ROK Navy Destroyer Yang Manchun A domestically developed integrated engine control system, or ECS, has been installed for the first time on an operational naval ship in South Korea, replacing a key component that had largely relied on foreign suppliers. Hanwha Systems said it held a ceremony on the 30th at Jinhae Port in Changwon, South Gyeongsang Province, with the Navy and the Defense Rapid Acquisition Technology Research Institute to mark completion of a performance upgrade for the Yang Manchun (DDH-I) integrated engine control system. The Yang Manchun is a 3,200-ton helicopter-capable destroyer built under the KDX-I program along with the Gwanggaeto the Great and Eulji Mundeok. Under the project, the ship’s system was replaced with Hanwha Systems’ domestically produced integrated engine control system. The ship previously used equipment from overseas suppliers. Often described as a ship’s “heart,” the integrated engine control system manages propulsion, power, auxiliary equipment and damage-control systems through a single network. Hanwha Systems said the ECS is considered a core system for future ships aimed at unmanned operation, advanced intelligence and automation, alongside the combat management system, or CMS — described as the ship’s “brain” — that the company installed on the Yang Manchun in 2020. The company said the ECS effort was developed through civil-government-military cooperation. Hanwha Systems has worked since 2014 to secure key technologies in stages, collaborating with the Navy, the Defense Rapid Acquisition Technology Research Institute, the Korea Institute of Defense Technology Promotion and Research, and the Korea Institute of Machinery and Materials on defense core-technology projects. Hanwha Systems said it is currently the only company in South Korea with both domestically developed CMS and ECS technologies, and that full compatibility between the two has also enabled it to secure cockpit-style integrated bridge system, or IBS, technology. “K-ship unmanned operation and advanced capabilities will be brought forward through continued technology development, and we will work to have our unique competitiveness recognized in the global naval defense market,” said Yoo Moon-ki, head of Hanwha Systems’ naval business division. 2026-04-30 10:41:31