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Industry
LG Energy Solution targets Europe with AI data center power solutions
LG Energy Solution is targeting the European market with an integrated battery solution for AI data centers. The company said on Sunday it will take part in ees Europe 2026, a battery and energy storage exhibition in Munich, Germany. It will present products spanning data center operations, from grid battery energy storage systems to uninterruptible power supplies and battery backup units. It will also disclose its Battery Passport compliance status.
Games & Commerce
W Games Q1 operating profit up 25.1 percent to 68.5 billion won
W Games posted its best-ever quarterly results, helped by a turnaround to profit in new businesses and lower fee costs. The company reported first-quarter revenue of 205.0 billion won, up 26.6 percent from a year earlier. Operating profit rose 25.1 percent to 68.5 billion won and net profit increased 60.6 percent to 73.5 billion won. It plans medium- to long-term growth across social casino, iGaming and casual games.
Industry
LG Energy Solution posts Q1 operating loss of 207.8 billion won, swings to red
LG Energy Solution posted a first-quarter operating loss of 207.8 billion won due to initial costs from expanding its North American energy storage system production base, and lower volumes of EV pouch products for a strategic customer. Revenue fell 2.5 percent from a year earlier to 6.56 trillion won but rose 1.2 percent from the previous quarter. The company said North American production incentives reflected in results totaled 189.8 billion won.
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Industry
Ecopro BM Q1 operating profit 20.9 billion won up 823 percent on year
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Industry
Solus Advanced Materials Q1 operating loss 22 billion won widens 43.8 percent
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Industry
POSCO Future M completes approval for investment in Vietnam anode material plant
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Industry
Battery industry profit recovery comes into view as lithium prices rise
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General News
ITCEN Group to help revive Art Olympics halted for 78 years
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Industry
K-battery searches for turnaround card at InterBattery 2026
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Industry
K-batteries signal rebound on Europe security logic