HYBE has become the first entertainment company in South Korea to surpass 2 trillion won in annual sales. The significant sales and streaming achievements of BTS and Seventeen have been identified as major contributors to this success.HYBE announced on Feb. 26 that its sales on a consolidated basis
Paris Baguette, the bakery brand of SPC, has continued its global marketing efforts by launching an advertisement in the heart of New York City’s Times Square ahead of Christmas. This move comes after Paris Baguette had previously operated a Korean-language advertisement at the stadium of the French
With the decision to select the host of the 2030 World Expo only 20 days away, Korean companies that have been making all-out efforts to support Busan’s bid are making a last-ditch effort to help the Korean port city punch its ticket to host the World Expo in 2030 on Nov. 28 (local time).According t
For more than 60 years, Korea had not made it to U.S. Billboard charts, but starting with Psy’s Gangnam Style in 2012, K-pop’s presence on the charts has been growing with BTS, BlackPink, and Nujins making their splashes.As K-pop’s status has changed, so has the number of foreigners visiting Korea.
LG is promoting the 2030 Busan World Expo at global landmarks in major cities such as New York, London, and Paris.From June of last year to recently, LG has been advertising the bid for the 2030 Busan World Expo on large outdoor billboards at iconic spots like New York’s Times Square and London’s Pi
As South Korean President Yoon Suk-yeol embarks on a tour of Indonesia and India Sept. 5-10, much attention is being paid to the South Korean defense industry’s issues with Indonesia and India. Indonesia is a major defense export destination with which South Korea has close military ties, although t
Recently, the glass door of a washer produced by LG Electronics that was purchased only a month previous suddenly exploded into pieces. Since 2022, there have been a series of accidents involving the breakage of tempered glass attached to washing machines, raising concerns among consumers.According
The Chinese battery industry, which had been focused on attacking the European electric vehicle battery market led by Korea, is extending its reach to the energy storage system (ESS) market. They are partnering with their country’s strong solar power value chain to challenge the European household s
LG has stepped forward to support the bid for the “2030 Busan World Expo” at various locations in Paris, France, where the 172nd General Assembly of the Bureau International des Expositions is being held.Starting from June 15 local time, LG is set to run advertisements supporting the bid for the 203
The author is an analyst for Shinhan Securities. He can be reached at hpark@shinhan.com -- Ed.Qualitative growth to continue in Korea’s consumer industriesKorea’s capital city Seoul has hosted the fashion shows of global high-end luxury brands Louis Vuitton, Gucci, and Burberry for a second consecut
The author is an analyst for NH Investment & Securities. She can be reached at hzl.lee@nhqv.com -- Ed.We raise our TP on JYP Ent to W140,000 (from W110,000), reflecting not only higher-than-expected sales growth for albums and concerts, but also hefty additional sales (MD, IP licensing) alongside gl
Five years have passed since Mirae Asset Global Investments acquired Global X, a U.S. ETF management company. Global X has grown exponentially from a rising star in the U.S. market to a leader in theme-type ETFs by increasing its assets under management by about six times during this period.In Febru
The author is an analyst of NH Investment & Securities. She can be reached at hzl.lee@nhqv.com. -- Ed.HYBE’s girl group NewJeans looks set to enter the Billboard Hot 100 chart—a feat which signifies undeniable robust fandom in combination with measurable popularity in the West. At HYBE, the absence
Foreigners’ investment in Korean securities turned into a net inflow in July. During the same period, the won/dollar exchange rate rose and interest rates in major advanced countries plunged.Foreign investment in Korean stocks switched to a net inflow of US$160 million in July as investor sentiment
The trade between South Korea and Taiwan totaled US$28.29 billion in the first half of this year, 4 percent of South Korea’s total international trade. In that period, Taiwan was the sixth-largest trade partner for South Korea. With U.S.-China and China-Taiwan relations getting worse, it is pointed
The author is an analyst of KB Securities. She can be reached at leesunhwa@kbfg.com. -- Ed. BTS announces indefinite hiatus— On Jun 14, BTS announced an indefinite hiatus via their FESTA dinner video on their YouTube channel, BANGTANTV.— Following the release of their anthology album, Proof, on Jun
The author is an analyst of NH Investment & Securities. She can be reached at hzl.lee@nhqv.com. -- Ed. In 2021, Butter, by Korean boy group BTS, stayed on top of the Billboard Hot 100 chart for 14 weeks in a row, and Korean drama Squid Game became the most watched show on Netflix. In our view, these
The author is an analyst of KB Securities. She can be reached at leesunhwa@kbfg.com. -- Ed. Raise target price by 18.0% from KRW305,000 to KRW360,000 We raise our TP for HYBE by 18.0% (KRW305,000→KRW360,000) to reflect an upward revision to 2021E-2023E NP (attributable to controlling interests) CAGR
KB Kookmin Bank's commercial featuring BTS has become a smash hit in Indonesia.The bank announced on Feb. 1 that the ad surpassed 20 million views on YouTube, Facebook and Instagram in about a month since its appearance in Indonesia.After watching the ad video, Indonesians posted positive commen
GOT7 decided on Jan. 11 not to extend its contract with JYP Entertainment from Jan. 19. Then, the stock price of the entertainment company fell 4.23 percent. This year is the seventh year of the contract and GOT7, which sold more than 450,000 albums last year, has become another one of many K-pop id