Search results for Lotte Energy Materials
Industry
Lotte moves to secure talent for AI shift, hiring across 15 affiliates in three digits
Lotte said it will standardise hiring dates so applicants can prepare in advance, launching what it called \"predictable rolling recruitment\" from Sept. 1 with hiring windows in March, June, September and December. Fifteen affiliates including Lotte Department Store, Lotte Wellfood, Lotte Construction and Lotte Innovate will participate. The group plans to hire hundreds of new staff across more than 50 roles, including sales, marketing, R&D and AI.
Industry
Lotte Energy Materials\' Q2 revenue rebounds but losses widen
Lotte Energy Materials reported mixed second-quarter results as revenue rebounded but losses deepened. The company posted revenue of 194.2 billion won and an operating loss of 16.9 billion won. Revenue rose 21.5 percent from the previous quarter, while the operating loss widened and net profit swung to a loss. Demand for high-output small batteries lifted sales, but growth was not enough to reverse losses. Compared with a year earlier, losses narrowed.
Industry
Lotte Energy Materials revamps copper foil portfolio
Lotte Energy Materials is selling a 90% stake in its unit Lotte Ecowall and will focus on strengthening competitiveness in its copper foil business. It signed a share purchase agreement with Realsun Private Equity, it said on Thursday. The company plans to use the proceeds to invest in four high value-added products, including circuit foil for AI data centres and ultra-thin foil for semiconductors.
