Hanwha Aerospace is working with the Korea Aerospace Research Institute to develop a next-generation launch vehicle (KSLV-III) that significantly improves on the performance of the Nuri (KSLV-II). Based on a public-private partnership, the company looks to strengthen its launch vehicle technology an
Hyundai Motor Company and Kia Corporation today unveiled the ‘Active Air Skirt’ (AAS) technology that minimizes the aerodynamic resistance generated during high-speed driving, effectively improving the driving range and driving stability of electric vehicles (EVs).AAS is a technology that controls t
Rongsheng Petrochemical, China’s largest petrochemical company, will begin a major expansion of petrochemical products at the beginning of the new year. The expansion portfolio includes intermediate raw materials and synthetic resins, which are the main products of Korean petrochemical companies.Ron
On Dec. 27, POSCO Holdings announced that it signed a joint venture agreement with China’s Zhongtai Cryogenic Technology on Dec. 22 for the production of high-purity rare gases. POSCO Holdings and Zhongtai will hold 75.1% and 24.9% in the joint venture, respectively.Zhongtai, listed on the Shenzhen
The controversy surrounding the “Asiana Airlines Cargo Business Separation Sale,” which has emerged as a key issue in the merger of Korean Air and Asiana Airlines, is intensifying. As the Asiana Airlines board is set to decide on the separation sale of the cargo business on Oct. 30, both current and
Amid tensions between the U.S. and China, domestic businesses are growing increasingly anxious as China includes graphite, a crucial component for secondary batteries, in its export control list. This move towards controlling not just gallium and germanium but also graphite by China in the second ha
Germany has enjoyed an amicable relationship with China. But China’s economic crisis is putting Germany on pins and needles. Voices are growing in Germany that the country needs to decouple from China to reduce risks from internal issues such as a Chinese real estate slump and the US-China conflict.
Before the formal commencement of the invalidation trial on the U.S. patent related to botulinum toxin filed against Medytox by HUGEL, the trial was terminated.According to industry sources on Aug. 29, the U.S. Patent Trial and Appeal Board (PTAB) rejected the initiation of the review, which HUGEL h
The United States is accelerating its resurgence in the manufacturing sector. While the rivalry with China is one factor, there is also an awareness that maintaining a nation’s competitiveness requires establishing a supply chain based on manufacturing. On the other hand, as South Korea, a nation th
LX Semicon, a fabless company under LX Group, a conglomerate which was previously part of the LG group, is currently considering delegating the production of next-generation display driver ICs (DDIs) to the Samsung Electronics Foundry semiconductor contract manufacturing division. The collaboration
The author is an analyst for NH Investment & Securities. He can be reached at kyeongkeun.kang@nhqv.com -- Ed.Piolink provides data center optimization solutions. We draw attention to both rising demand for ADC equipment (following DR system expansion) and the firm’s brisk exports of security switche
Twelve corporate venture capital (CVC) firms have been established over a period of one and a half years after the government allowed holding companies to hold corporate venture capital (CVC). These CVCs have invested more than 200 billion won (US$154 million) in Korean venture startups.According to
Tony Blinken, the U.S. Secretary of State who is currently visiting China, has announced that he met with President Xi Jinping of China and reached an agreement on the stabilization of U.S.-China relations.From June 18 to 19, Secretary Blinken had a two-day schedule during which he sequentially met
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com -- Ed.While sluggish economic conditions were inescapable in 1Q23, we note that KakaoTalk is to be reorganized in 1H23. This initiative, along with anticipated ad market recovery, should spur sales growt
SK IE Technology (SKIET) announced on April 13 that President and CEO Kim Chul-jung visited Poland from Oct. 10-13 (local time) to inspect SKIET’s separator production plant in Poland and met with local government officials to discuss cooperation.Kim made his first stop at SKIET Poland’s Plant 1. Th
The Defense Acquisition Program Administration announced on April 5 that a short-range air-to-air missile (AIM-2000) for testing purposes was successfully separated from an armed KF-21 during its flight and store separation test.Earlier, on March 28, the administration tested two KF-21s. The first s
The Defense Acquisition Program Administration announced on March 28 that the first flight test of armed KF-21s was successfully completed.The administration tested two KF-21s that day. A store separation test was conducted on the second prototype with a mid-range air-to-air missile for testing purp
The Ministry of Employment and Labor announced on March 2 that the Trade Union and Labor Relations Adjustment Act would be revised in the interest of accounting transparency.The ministry is planning to make it mandatory to conduct an audit at the request of at least one-third of union members. In ad
The Korea Fair Trade Commission reported to President Yoon Suk-yeol that it would discuss how to improve rules and regulations applied to conglomerates.The discussion is likely to cover separation between industrial capital and financial capital. According to the current law, a general holding compa
The Financial Services Commission (FSC) has decided to improve regulations related to industrial-financial capital separation. The purpose is to better reflect today’s trends such as digital finance and big blur while maintaining the framework of the scheme introduced 40 years ago for financial stab