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Industry

LG Innotek Q2 operating profit jumps 2,057 percent

LG Innotek said on July 27 it posted second-quarter revenue of 55.27 trillion won and operating profit of 245.8 billion won. Revenue rose 40.5 percent and operating profit climbed 2,057 percent from a year earlier. Revenue was a record for a second quarter, and first-half revenue topped 100 trillion won for the first time. The company cited steady demand for mobile camera modules and strong supply of high value-added semiconductor substrates.

Industry

Data centre power architecture shifts as BBU batteries emerge as new battleground

Battery use is expanding beyond electric vehicles and energy storage systems to server racks as AI data centres push rack power density higher. Facility-level uninterruptible power supplies are seen as less able to handle rapid power swings, lifting demand for rack-level battery backup units, or BBUs, defined in open rack standards such as OCP Open Rack V3. Samsung SDI forecasts the global BBU market at $800 million this year, up more than 70 percent, while suppliers prepare new products and production.

AI & Enterprise

South Korea opens HPC infrastructure in Indonesia, builds 4.2 PF supercomputer

South Korea has built high-performance computing (HPC) infrastructure in Indonesia that can be used to train large-scale artificial intelligence models and analyse massive datasets. The Ministry of Science and ICT and the foreign ministry said an opening ceremony was held for the facility built by KISTI and Indonesia’s National Research and Innovation Agency under a Korea-ASEAN digital cooperation project. The programme runs from 2024 to 2028 with $10 million in funding.