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  LG Electronics Q3 profit falls despite record sales SEOUL, October 24 (AJP) - SEOUL, October 24 (AJP) - LG Electronics reported record third-quarter sales of 22.18 trillion won (US$16.4 billion) on Thursday, but operating profit fell 20.9 percent from a year earlier to 751.9 billion won as higher logistics costs and LCD panel prices squeezed margins. The South Korean tech giant's key home appliance division posted an operating profit of 527.2 billion won on sales of 8.34 trillion won, while its entertainment unit, which includes October 24, 2024
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  Trump's former chief of staff calls him 'fascist' SEOUL, October 24 (AJP) - John Kelly, the former White House chief of staff under ex-U.S. President Donald Trump, made waves on Wednesday with a slew of recent interviews where he described Trump as fitting "the general definition of a fascist." The retired Marine general who served as chief of staff from 2017 to 2019 told the British newspaper The Times, "Certainly the former president is in the far-right area, he's certainly an authoritarian, admires people who October 24, 2024
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  LG CNS introduces ERP testing solution to Japan SEOUL, October 24 (AJP) - Korea's IT solutions provider LG CNS introduced its automated testing solution, PerfecTwin ERP (enterprise resource planning) Edition, in Japan. The company said Thursday it showcased the solution at Japan IT Week Autumn, the country's largest IT exhibition, held in Chiba from Wednesday to Friday. The solution, specifically designed for German software firm SAP SE's SAP ERP systems, utilizes actual transaction data rather than sampling to ver October 24, 2024
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  SK hynix posts record quarterly earnings on AI chip boom SEOUL, October 24 (AJP) - South Korean chipmaker SK hynix on Thursday reported its highest-ever quarterly sales and profits, driven by surging demand for artificial intelligence memory chips. The world's second-largest memory chip manufacturer said in a regulatory filing it posted 17.57 trillion won ($13 billion) in revenue for the third quarter, up 93.8 percent from a year earlier. Operating profit was 7.03 trillion won ($5.2 billion), swinging from an operating loss of 1.79 October 24, 2024
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  Korea's economy edges up 0.1% in third quarter SEOUL, October 24 (AJP) - South Korea's economy grew by just 0.1 percent in the third quarter, the Bank of Korea said Thursday, falling well short of the central bank's August forecast of 0.5 percent. Korea's real gross domestic product (GDP) regained growth momentum in the July-September period after a 0.2 percent contraction in the second quarter, which followed unexpected growth of 1.3 percent in the first quarter. Exports fell 0.4 percent in the third quarter, dra October 24, 2024
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  OPINION: Why more men and fewer white women say they will vote for Trump in US election SEOUL, October 24 (AJP) - Donald Trump is leading Kamala Harris by 11 percentage points with male voters, according to a recent New York Times poll. Trump is carving out a definitive advantage with U.S. men. While Trump's core support comes from white men, he has also made notable gains with Hispanic-American and African-American men. Though Trump has repeatedly denigrated Hispanics and regularly uses anti-immigrant rhetoric, this has not been a deal breaker for the Latino commu October 24, 2024
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  PHOTOS: Korea's largest robot show opens at KINTEX SEOUL, October 24 (AJP) - Robot World 2024, Korea's largest robotics exhibition, opened Wednesday at KINTEX in Goyang, showcasing cutting-edge technologies from 291 companies and organizations. The four-day event features 880 booths, making it the largest in the show's history, with a special focus on AI-integrated intelligent robots, including humanoids and service robots for delivery and guidance. The exhibition includes export promotion programs such as business consultations an October 24, 2024
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  PHOTOS: Railway workers threaten strike SEOUL, October 23 (AJP) - The Korean Railway Workers' Union held a rally near Seoul Station on Wednesday. They threatened to strike demanding wage increases and better conditions after eight rounds of wage negotiations since July failed to yield an agreement. The union stated that about 4,000 members attended the rally, while police estimated the number at 3,500. October 23, 2024
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  SK bioscience's influenza vaccine approved in Indonesia SEOUL, October 23 (AJP) - SK bioscience, which has developed South Korea's first domestically produced COVID-19 vaccine, said Wednesday its influenza vaccine received approval from Indonesia's Food and Drug Agency. The vaccine, Skycellflu Quadrivalent Prefilled Syringe, is the first Korean vaccine to be approved in the world's fourth most populous country. The World Health Organization predicts the circulating strains of influenza for both the Northern and Southern He October 23, 2024
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  LG Electronics unveils software kit for AI home robot at global conference SEOUL, October 23 (AJP) - LG Electronics said Wednesday it released a software development kit (SDK) for its mobile AI home hub robot "Q9" at ROSCon 2024, the world's largest robotics conference in Denmark this week. The SDK allows developers to create custom applications for the robot, which was first introduced at CES earlier this year. The Q9, equipped with multimodal sensing capabilities including voice, sound, and image recognition, can move around spaces on wh October 23, 2024