SeAH Holdings announced on March 5 that it was selected as one of the Most Ethical Companies in the World for 2024 by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. This marks the first time a South Korean company has achieved this recognition. Sin
Among the currencies used in global trade this year, the Chinese yuan has emerged as the second most widely used currency after the U.S. dollar, reflecting its substantial presence. The assessment suggests that the yuan is rapidly gaining momentum as a potential key currency in the future.During the
Samsung Electronics is set to unveil the world’s first artificial intelligence (AI) laptop mid-December. LG Electronics and Hewlett-Packard (HP) are also planning to introduce AI laptops and Apple has announced the launch of a new MacBook Pro in South Korea. This sets the stage for a “laptop battle”
Hyundai Mobis (KRX 012330) is poised to secure new orders for premium vehicle displays, characterized by large screens, high definition, and slim design, using a fusion of innovative technologies targeting global automakers. The company plans to capture the next-generation vehicle display market wit
In the ranking of the “Global 1000 Banks” published by the U.K. financial journal “The Banker,” which aggregates the performance of the previous year, six domestic banks, or financial groups, including KB Financial, Shinhan Financial, Korea Development Bank (KDB), Hana Financial, Woori Financial, an
SK hynix, the developer of the world’s first 12-layer HBM3 product, is targeting to double the sales of high bandwidth memory (HBM) and double data rate (DDR) 5, essential components for AI servers, next year.According to industry sources on July 20, at a recent private corporate briefing (IR) for m
Samsung Electronics has revealed its technological road map to gain a competitive edge in semiconductors smaller than 3 nanometers (1 billionth of 1 meter). The company plans to be the first in the world to implement 3D packaging technology, vertically stacking Gate-All-Around (GAA) chips produced i
After 17 years at the top of the TV market, Samsung Electronics is now feeling a growing sense of crisis. This is because Chinese companies have been in hot pursuit of the Korean TV giant by waging a price war.Global TV shipments reached 46.63 million units in the second quarter of this year, up 7.5
Hanwha has successfully conducted a demonstration test of the world's first medium-to-large scale gas turbine capable of generating more than 50% of its power from hydrogen, developed in partnership with Korea Western Power.Hanwha Impact successfully demonstrated a 59.5% hydrogen mixture in a me
CJ CheilJedang announced on May 21 that it will extend the Schwan's pizza factory in Salina, Kansas, by approximately 40,000 square meters.With this extension, the Schwan's Salina pizza factory has become the largest frozen pizza production facility globally, with a total area of 90,000 squa
Hyundai Mobis, an automotive parts arm of Hyundai Motor Group, announced on April 17 that it has developed the world's first automobile rollable display.The rollable display rolls up and down when entering and exiting the vehicle. When the car is turned off, the screen disappears completely, and
On March 20, Boryung (formerly Boryung Pharmaceutical) and Axiom Space signed an agreement to establish a joint venture (JV) to promote various projects in Low Earth Orbit (LEO). The two parties embarked on detailed discussions to develop the JV in May. Through the JV, Boryung and Axiom Space will j
Samsung Electro-Mechanics announced on Feb. 26 that it has developed an automotive semiconductor substrate applicable to advanced driver assistance systems (ADAS), and will expand its lineup of high-end automotive semiconductor substrates. The newly developed flip chip ball grid array (FCBGA) is a s
LG Display has begun to upgrade its business structure by focusing on displays for vehicles.According to Hi Investment & Securities on Feb. 22, LG Display's vehicle display sales are expected to more than double from 1.6 trillion won in 2022 to 3.5 trillion won in 2025. Its automotive display or
The Korea Institute of Machinery and Materials (KIMM) has announced the development of the design and process technology for the world's first battery electrode that significantly improves the performance and stability of batteries used in electronic devices such as smartphones, laptops, and ele
The author is an analyst of NH Investment & Securities. He can be reached at minjae.lee@nhqv.com. -- Ed. In 2022, India produced 860mn tons of coal (+13% y-y), making it the second-largest consumer of coal after China. The produced coal is mainly used for domestic demand, with more than 75% used for
Korea Ginseng Corp. (KGC) announced on Jan. 4 that its representative red ginseng brand, CheongKwanJang, ranked first in Euromonitor International's global ginseng retail sales standings.Euromonitor estimated the global ginseng retail market at US$2.47 billion in 2022. CheongKwanJang accounted f
DL E&C announced on Dec. 21 that the company has completed the Tuas Terminal 1 sea landfill project in Singapore.Singapore is currently working on the Tuas Terminal project to create the world's largest port. When all four phases of the project are completed by 2040, it will be reborn as a super
SK E&S has received regulatory waiver for its project to build the world’s largest blue hydrogen project in Boryeong, South Chungcheong Province.The company announced on Dec. 20 that it had received government approval under the regulatory sandbox system to go ahead with its plan to produce clean hy
SK Hynix announced on Oct. 25 that it has developed the industry’s first 32GB DDR5-6400Mbps PC-use unbuffered dual in-line memory module (UDIMM) and a small outline dual in-line memory module (SODIMM) and provided their samples to customers.The new product boasts the fastest speed among existing PC