Kioxia Bets on AI Memory Boom With Next-Gen NAND Production in Japan 
Samsung Q2 Profit Seen Soaring as AI Memory Demand Keeps Chip Prices Elevated 
Chinese Copper Foil Maker Londian Files U.S. IPO as EV Battery Demand Grows 
DOJ Seeks Dismissal of Fraud Charges Against Gautam Adani in U.S. Court 
Bank of America Upgrades T-Mobile to Buy, Says LEO Satellite Fears Are Overdone 
TetherMax Rebranding Highlights Official Exchange Partnerships as Foundation of Trust 
Super Micro Employees Detained in Taiwan AI Server Export Investigation 
Kuaishou Stock Jumps as Kling AI Secures $2 Billion Funding Round 
Apple Expands iPhone Lineup, Boosts Foldable iPhone Production Plans Through 2027 
Sodexo Raises 2026 Revenue Outlook After Strong Q3 Sales Beat 
AI Memory Chip Shortage Likely to Persist Despite Korea Investment Boom, Nomura Says 
Citi Raises TSMC Price Target as AI Chip Demand Strengthens Growth Outlook 
ShareChat Eyes 2027 IPO After Reaching Operational Profitability, Report Says 
BHP Workers Approve New Labour Agreement at WA Iron Ore Operations 
Norway Offshore Oil Workers Reach Wage Deal, Averting Strike 
While Korea's LG Electronics Inc. posted first-quarter sales of 5.4 trillion won, declining 1.3 percent year-on-year, it still outperformed its U.S. counterpart Whirlpool Corp., who registered $4.3 billion.
First-quarter operating profit for LG Electronics was even better, amounting to 753.5 billion won ($618 million), surging 21.1 percent from last year, as Whirlpool Corp had US$260 million.
LG attributed its superior performance to the robust sales of its premium home appliance division.
The South Korean firm has been topping Whirlpool in operating profits since 2017, but they were neck and neck in sales in the past years.
Whirlpool outsold LG Electronics by 2 trillion won in 2019 and by 7 trillion-won in 2016.
With the dollar maintaining its strength against the Korean won, foreign-exchange losses are also expected for LG Electronics.
