bereum co.,ltd, a specialist in postbiotic, led by CEO Hwan Kwon Il, has signed an export and supply contract worth $980,000 for postbiotic pet food with Tecnocalidad of Colombia, under the leadership of CEO Harvey Ibanez Ortiz.Tecnocalidad is a subsidiary responsible for product imports of Agrocamp
In the span of 9 months, the number of South Korean users on the Chinese e-commerce platform TEMU has increased elevenfold. With the surge in user numbers, TEMU has been actively seeking to establish a South Korean corporation and is on the lookout for domestic advertising agencies to intensify its
A scenario analysis has been conducted on the aftermath of the U.S. presidential election, which poses a major risk to the Korean secondary battery industry for electric vehicles which is expected to expand supply in earnest beginning from 2025.If U.S. presidential hopeful Donald Trump, who has ment
Coway Co., Ltd., the “Best Life Solution Company,” showcased its product lineups at the Inspired Home Show held at McCormick Place in Chicago, USA, from March 17th to 19th, 2024, aiming to accelerate its penetration into the North American air purifier market.The Inspired Home Show is the largest ho
Doosan Enerbility is participating in Saudi Arabia's largest combined cycle power plant project.The company announced on March 11 that it has signed a contract with SEPCO-3 to supply equipment for the Taiba 1 Integrated Cycle Power Plant and Qasim 1 Combined Cycle Power Plant in Saudi Arabia. With t
Domestic game companies are putting significant effort into capturing the Middle East market. Based on “oil money,” this region possesses high financial power and purchasing capability but is still an untapped market due to inadequate communication infrastructure and other issues. Although the uncer
Domestic defense companies such as LIG Nex1, Hyundai Rotem, and Hanwha Aerospace are mobilizing to participate in the Saudi International Defense Exhibition held in Riyadh, the capital of Saudi Arabia, until Feb. 8, aiming to penetrate the Middle Eastern market.According to the defense industry on F
In 2023, Chinese smartphone manufacturers continued to expand their adoption of OLED technology, increasingly sourcing their required volumes from domestic display panel companies. This shift has led to Chinese display manufacturers breaking through a 40 percent market share.According to market rese
The author is an analyst for NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com -- Ed.Mobile Device Distribution Improvement Act abolished 10 years after implementationOn Jan 22, the Korean government announced its decision to abolish three regulations closely related to public liv
LG Innotek is speeding up its entry into the camera market for autonomous driving and the optical component market for Extended Reality (XR) by joining forces with a global lens manufacturing enterprise.LG Innotek announced on Jan. 18 that it has signed a main contract with AOE Optoelectronics, a Ta
SK telecom announced on Jan. 17 that it has signed a memorandum of understanding (MOU) with Vetology Innovations of the United States, targeting the U.S. market with its product, named X Caliber, during the world’s largest veterinary event, VMX2024, currently underway in the U.S.X Caliber is a diagn
Cosmax, a global cosmetics original design manufacturing (ODM) company, will begin targeting emerging markets such as the Middle East and South America beginning from 2024.Last year, Cosmax operated the Emerging Markets TF for four regions -- the Middle East, South America, India, and Africa -- to s
LS Mtron is expediting its penetration of the U.S. market by securing an agricultural machinery export hub in central Texas in the United States.According to industry sources on Jan. 1, LS Mtron will complete a tractor logistics center and assembly plant in Palestine, Texas, in February. The facilit
Coupang is making a significant entry into the 500-trillion-won luxury market by acquiring Farfetch, the world’s largest luxury platform. Farfetch boasts a collection of 1,400 luxury brands, including Chanel and Hermes, catering to global consumers in 190 countries such as the United States and the
Doosan Robotics has set the goal to become the leading company in the global collaborative robot market, excluding China. A collaborative robot refers to a robot that works in the same space as humans. To achieve this, the company plans to expand its product lineup from 13 to 17 models by 2026 and a
The author is an analyst for Shinhan Securities. He can be reached at hyon@shinhan.com -- Ed.Seasonal demand from new smartphone release to concentrate in 4QLX Semicon registered operating profit of KRW14.9bn (+91% QoQ) on sales of KRW412.8bn (-9% QoQ) for 3Q23. With its client hit by delays in the
The Hyundai Motor Group Innovation Center in Singapore (HMGICS) is an urban micro-factory. Urban micro-factories are characterized by a multi-vehicle, low-volume production system rather than mass production of a traditional automobile factory. Although Singapore has a small automobile market, it is
The author is an analyst for NH Investment & Securities. He can be reached at pk.park@nhqv.com -- Ed.When will global bio indices bottom out? Even if the rankings of the two largest pharmas have changed amid robust sales growth, the S&P500 Healthcare Index has continued to slide this year. We view t
Samsung Electronics and SK hynix, leaders in the memory semiconductor market, are facing intense competition from China. The Chinese government is pouring substantial funds into developing a self-sufficient memory semiconductor industry to reduce its dependency on foreign technology.According to ind
The author is an analyst for NH Investment & Securities. He can be reached at pk.park@nhqv.com -- Ed.In November, the number of DeepCARS installed in general hospitals exceeded the expectation level of 55. Penetration into 65 hospitals (11 tertiary hospitals) is expected within the year. We see 4Q23