Cosmetics companies like Amorepacific and LG H&H reported strong earnings, successfully pivoting away from their previous heavy reliance on the Chinese market. The growth is now driven by surging overseas sales in North America and Japan through online commerce and new brand strategies.
Cosmetics companies like Amorepacific and LG H&H reported strong earnings, successfully pivoting away from their previous heavy reliance on the Chinese market. The growth is now driven by surging overseas sales in North America and Japan through online commerce and new brand strategies.
Korean battery makers turned profitable in Q2, largely driven by ESS (Energy Storage System) contracts and US AMPC subsidies. SK On, in particular, is expected to see significant earnings improvement as it secures large ESS contracts, which will allow it to stably receive AMPC subsidies even amid sluggish EV sales.