The author is an analyst of NH Investment & Securities. She can be reached at mj27@nhqv.com. -- Ed. With group-wide efforts to improve channel efficiency beginning to yield tangible results, AmoreG is expected to book a y-y sales rebound in 2H21. As the firm’s relative valuation merit versus AmorePa
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed. Maintain target price of KRW105,000; concerns to be eased in 2Q21 We maintain BUY and our 12m TP of KRW105,000 for Samsung Electronics. Issues that led to the 1Q21 earnings decline for Semiconductors look likel
The author is an analyst of NH Investment & Securities. He can be reached at midas.sohn@nhqv.com. -- Ed. AI trend (1): Implications of GPT-3GPT-3 receives attention as innovative technologyAfter being wowed by DeepMind’s AI AlphaGo in Mar 2016, the world was surprised again by OpenAI’s Generation Pr
Amorepacific Group has declared its will to overcome the crisis by adopting "Winning Together" as its 2021 management slogan.Amorepacific Group held a ceremony to kick off the New Year on the morning of Jan. 4. This year, the ceremony was broadcast live through an online channel. "Now is the right t
People Power Party lawmaker Yoon Young-seok remarked on Dec. 14 that a total of 60,632 commercial solar farms were built in South Korea at a construction cost of over 18.86 trillion won from 2015 to August this year and yet the electric power produced there is equivalent to the output of the single
The author is an analyst of NH Investment & Securities. She can be reached at jy.lee@nhqv.com. -- Ed. K-online market has been enjoying robust growthIn 1H20, Korea’s online retail penetration stood at 28%, showing the highest level along with China (28%), followed by the UK (26%) and US (16%). While
The authors are analysts of NH Investment & Securities. They can be reached at minjae.lee@nhqv.com, ys.jung@njqv.com and midas.sohn@nhqv.com, respectively. – Ed. In Korea, monthly electricity consumption for a four-person household averages 350kWh (electricity bill of W50,000/month). Household power
The authors are analysts of NH Investment & Securities. They can be reached at minjae.lee@nhqv.com, ys.jung@njqv.com and midas.sohn@nhqv.com, respectively. – Ed. 1. South Australia and Tesla join hands to build the world’s largest VPPIn Feb 2018, Tesla announced that it would establish the world’s l
People Power Party lawmaker Koo Ja-geun remarked on Sept. 20 that state-run energy companies invested US$38.88 billion for overseas resources development and recouped only 40 percent of the investment until the end of last year. The recouped portion includes profits, dividends and asset disposal pro
Three bills for corporate regulation will be submitted to the National Assembly late this month.The South Korean government is planning to submit amendments to the Monopoly Regulation and Fair Trade Act, the Commercial Act and the Financial Group Supervision Act to the National Assembly late this mo
Mirae Asset Management announced that its U.S. ETF operator Global X listed an exchange-traded fund (ETF) investing in global telemedicine and digital health-related companies on NASDAQ on July 30 (local time).Telemedicine is rapidly expanding after the spread of the COVID-19 virus. This sector is e
Approximately 250 Kia Motors employees converted into production workers from sales workers are currently waiting to be assigned for a month. This is because the Kia Motors labor union overturned its previous agreement with the management. The assignment is likely to be handled after this year’s wag
The Organisation for Economic Co-operation and Development (OECD) has pointed out that the South Korean government’s inefficiency in terms of administrative processes is at a critical level. In addition, the OECD said that the Bank of Korea should lower its domestic economic growth forecast for this
Hyundai Mobis is expanding the application of artificial intelligence (AI) to production and logistics on top of research and development in order to improve quality, reduce costs, and increase customer satisfaction.Hyundai Mobis announced on March 5 that it will develop an algorithm to detect quali
ENERZAi, a Korean startup that provides AI-based solutions for the energy sector, has received seed round investment from Springcamp, a venture capital subsidiary of Naver Corp.ENERZAi is a team comprised of engineers from Seoul National University’s Department of Electrical/Computer Engineering and
South Korea’s shipbuilding industry has been overtaken by latecomers, including China, in the liquefied natural gas (LNG) carrier, very large crude carrier (VLCC) and offshore plant sectors that the industry has had the most competitive edge in the world. Even Singapore, which has been “immaterial”
Samsung Electronics has separated the Medical Device Department from the Consumer Electronics (CE) Division as a division-level organization. Samsung Electronics clarified its position that it separated the department from the CE Division in consideration of the characteristics of the medical device
SK Holdings C&C announced on April 11 that it signed a memorandum of understanding (MOU) with Begas to upgrade AI-based big data analysis platform Scytale specialized in the manufacturing and high-tech industries.Scytale is an industrial big data analysis platform which SK Holdings C&C developed by
The SK Group is speeding up restructurings of its subsidiaries. Through the “choice and focus” strategy, the group is decisively giving up business items overlapped among subsidiaries or poorly performing businesses while developing new business items that can be used as future growth engines. Analy
Hyundai Heavy Industries suffering from the worst order drought has completed a process of dividing the company swiftly and decisively. This means that the company changed their business structure where its shipbuilding and non-shipbuilding business have hamstringed each other over the past decades