Industry

  • Korean GM Workers Rally Against Mass Layoffs at Sejong Logistics Contractor
    Korean GM Workers Rally Against Mass Layoffs at Sejong Logistics Contractor "Direct and subcontract workers have united. Bring out the real boss now." Direct employees and subcontract workers at Korean GM rallied together over mass layoffs involving subcontract workers at the company’s Sejong logistics center. On Jan. 28, about 300 members of the Korean Confederation of Trade Unions and the Korean GM branch of the Korean Metal Workers’ Union held a joint rally outside the west gate of Korean GM’s Bupyeong plant, demanding that the company immediate January 28, 2026
  • LG Household & Health Care Reports 2025 Operating Profit Down 62.8%
    LG Household & Health Care Reports 2025 Operating Profit Down 62.8% LG Household & Health Care said in a regulatory filing on Tuesday that its 2025 consolidated revenue fell 6.7% from a year earlier to 6.3555 trillion won, while operating profit dropped 62.8% to 170.7 billion won. Fourth-quarter revenue declined 8.5% to 1.4728 trillion won, and the company posted an operating loss of 72.7 billion won, swinging to a loss from a year earlier. The company said results weakened as it booked large one-time costs tied to an aggressive overhaul of distributi January 28, 2026
  • HiteJinro’s Filite Hits Record 2025 Shipments; Cass Tops Brand Hall of Fame Again
    HiteJinro’s Filite Hits Record 2025 Shipments; Cass Tops Brand Hall of Fame Again HiteJinro’s Filite posts record 2025 shipments HiteJinro said Tuesday that 2025 annual shipments of Filite, the top brand in South Korea’s malt-based sparkling beer category, reached about 340 million cans (based on 350 milliliters), the highest on record. Cumulative sales totaled 2.66 billion cans, nearing 2.7 billion. According to Nielsen Korea data through December 2025, Filite kept its No. 1 position, widening its lead over the No. 2 brand by more than fourfold. It ranked first in sa January 28, 2026
  • Celltrion, Hanmi, Dong-A ST, HLB and Jaseng report U.S. growth, deals and approvals
    Celltrion, Hanmi, Dong-A ST, HLB and Jaseng report U.S. growth, deals and approvals Celltrion’s Zymfentra posts record weekly prescriptions, ramps up U.S. marketing Celltrion said Wednesday that prescriptions for its subcutaneous infliximab treatment Zymfentra rose about 27% from the same period a month earlier and about 352% from a year earlier, based on the second week of January. The company said the figure was the highest weekly total prescriptions (TRx) recorded since the drug’s U.S. launch in March 2024, according to IQVIA. Celltrion said its ongoing online and o January 28, 2026
  • Kia Says U.S. Tariffs Cut Profit; Bets on Hybrids and EVs to Rebound
    Kia Says U.S. Tariffs Cut Profit; Bets on Hybrids and EVs to Rebound Kia said U.S. tariffs pushed its operating profit below 10 trillion won for the first time in three years, and it expects its annual tariff bill to remain above 3 trillion won despite a lower rate. The automaker said it plans to expand sales in major markets including the United States, Europe and India and step up cost-cutting to restore operating profit to 10 trillion won this year. In a regulatory filing on Tuesday, Kia reported 114.1409 trillion won in revenue last year and 9.0781 t January 28, 2026
  • Why SK Group Is Channeling More Capital to SK hynix: HBM4 Supply and Long-Term Lead
    Why SK Group Is Channeling More Capital to SK hynix: HBM4 Supply and Long-Term Lead SK hynix has cemented its role as a core profit engine for SK Group after posting record results again in the fourth quarter of 2025. As demand tied to artificial intelligence accelerates, industry watchers say the group’s growth strategy is increasingly being reshaped around SK hynix, not just short-term earnings. According to the industry on Tuesday, SK Group has secured about 80 trillion won through asset sales and business restructuring and is focusing that money on future growth area January 28, 2026
  • Bodyfriend Lunar New Year Deals, Ceragem Wins 4 Good Design Awards, New Products From Yuhan-Kimberly, Hanssem and Ace Bed
    Bodyfriend Lunar New Year Deals, Ceragem Wins 4 Good Design Awards, New Products From Yuhan-Kimberly, Hanssem and Ace Bed Bodyfriend launches Lunar New Year promotion, 'The Standard of Gifts' Bodyfriend said Tuesday it is launching its Lunar New Year “The Standard of Gifts” promotion for customers who rent or buy its health care robots, offering benefits worth up to 2.52 million won. The company said customers who rent or purchase eligible products can combine three offers — a special Lunar New Year gift benefit, an upfront-payment discount program and a co-branded credit-card statement discount — for total January 28, 2026
  • SK hynix posts record 2025 profit, topping Samsung Electronics for first time
    SK hynix posts record 2025 profit, topping Samsung Electronics for first time Riding a boom in AI semiconductors, SK hynix posted record annual revenue and operating profit last year, and its operating profit topped Samsung Electronics’ annual operating profit for the first time. SK hynix said in a regulatory filing on Tuesday that it posted 97.1467 trillion won ($97,146.7 billion) in revenue and 47.2063 trillion won ($47,206.3 billion) in operating profit. Net profit was 42.9479 trillion won ($42,947.9 billion). Revenue rose 46.7% from a year earlier and operatin January 28, 2026
  • SK On posts 2025 Q4 operating loss of 441.4 billion won; full-year loss 931.9 billion won
    SK On posts 2025 Q4 operating loss of 441.4 billion won; full-year loss 931.9 billion won SK On’s fourth-quarter 2025 operating loss widened 19% from the prior quarter, hurt by base effects tied to the end of U.S. electric-vehicle purchase subsidies, among other factors. According to industry sources on Tuesday, SK On posted fourth-quarter revenue of 1.4572 trillion won and an operating loss of 441.4 billion won. The loss widened by 251.7 billion won from an operating loss of 189.7 billion won a year earlier. Compared with a 124.8 billion won loss in the third quarter, the defi January 28, 2026
  • Amorepacific Donates 300 Million Won; WHO.A.U Debuts 2026 Collection; Skinfood Launches Limited Edition
    Amorepacific Donates 300 Million Won; WHO.A.U Debuts 2026 Collection; Skinfood Launches Limited Edition Amorepacific donates 300 million won to Hope 2026 giving campaign Amorepacific said Tuesday it donated 300 million won to the Community Chest of Korea’s “Hope 2026 Sharing Campaign.” The company has taken part in the campaign for 24 years since 2002. Since 2008, it has made designated donations to its “Beautiful Life” program to support the economic independence of women in vulnerable groups. Since 2024, it has directed donations to its “MEET YOUR BEAUTY” campaign aimed at helping teenag January 28, 2026