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Industry

LG Electronics Q1 operating profit 1.67 trillion won, up 32.9 percent year on year

LG Electronics said on Tuesday its first-quarter operating profit rose 32.9 percent from a year earlier to 1.67 trillion won, while revenue increased 4.3 percent to a record 23.73 trillion won for a first quarter. Revenue slipped 0.5 percent from the previous quarter, but operating profit returned to positive territory from a 109.0 billion won loss. Net profit rose 14.8 percent to 1.01 trillion won.

Industry

LG Electronics expands B2B business with new PuroTec material

LG Electronics is expanding its global B2B business based on its antimicrobial functional new material, LG PuroTec. The company said it is participating in Chinaplas 2026 in Shanghai from April 21 for four days to introduce its materials lineup. It is showcasing five PuroTec types and products using the material, and has set up a meeting area for tailored consultations with B2B customers.

AI & Enterprise

Hitachi Vantara unveils Hitachi iQ Studio to speed adoption of agentic AI

HS Hyosung Information System, an AI and data infrastructure solutions company, said on April 13 that Hitachi Vantara unveiled new AI software called Hitachi iQ Studio. The company said the integrated platform helps enterprises design, deploy and operate AI agents and applications. It aims to simplify and speed processes from agentic AI development to operations, using a no-code and low-code agent builder.