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Jihoon Lee

FILE PHOTO: An attendee films Samsung Electronics' Galaxy Watch 7 Ultra during its unveiling ceremony in Seoul, South Korea, July 8, 2024.  REUTERS/Kim Hong-Ji/File Photo
BusinessEconomyElectric Vehicles (EVs)News

Samsung Electronics shares hit lowest in more than four years

Samsung shares hit a four-year low, falling 2.1 per cent amid increased competition and lagging AI chip demand versus rivals.

FILE PHOTO: Battery cells with the logo of LG Energy Solution are displayed at the company headquarters in Seoul, South Korea, April 23, 2024.   REUTERS/Kim Hong-Ji/File Photo
BusinessElectric Vehicles (EVs)FinanceNews

LGES cuts sales target on weak EV demand, flags US election risk

Shares in the company, which supplies Tesla, GM, Hyundai Motor and other automakers, fell as much as 2.6%.

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