Align Partners, which conducted an activist campaign against JB Financial Group, has succeeded in placing two directors on the board. This marks the first instance of a shareholder-proposed director being included in a South Korean financial company.At the 11th regular shareholders’ meeting of JB Fi
CJ Freshway’s 2022 ESG Report has received the Gold Award at the 2023 Spotlight Awards organized by the League of American Communications Professionals (LACP), a prominent U.S. communications association. The report also earned a place in the Worldwide TOP 100, a selection of the top 100 outstanding
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
South Korea’s battery industry is on high alert due to the potential designation of companies as “Foreign Entities of Concern” (FEOC) by the United States. If Chinese companies that supply raw materials and substances to Korean firms get listed as FEOCs, it could hinder these firms from receiving th
Much attention is being paid to if Samsung Electronics, which recently stopped ordering from China’s No. 1 display maker BOE, will expand the amount of liquid crystal displays (LCDs) that it buys from LG Display in the future. Samsung has been buying LCD TV panels from LG Display since 2017.Accordin
Major Japanese and German automakers such as Toyota and BMW are jumping into the hydrogen-powered vehicle market, which is dominated by Hyundai Motor Co.Toyota will introduce the second-generation model of the Mirai, a hydrogen car, to the Chinese market in December. It plans to use about 100 units
Remi Eriksen, CEO of DNV, recently had an interview about the longstanding relationship between his company and Korea. DNV is the world’s largest international accredited registrar and classification society and is headquartered in Norway. It provides services to a range of industries, including the
The author is a fixed income strategist of Shinhan Investment Corp. He can be reached at jk.ahn@shinhan.com. -- Ed. Base rate to remain unchanged in February despite anticipated upward revision of 2022 consumer price inflation forecast to mid/high-2% rangeBearish investor sentiment is keeping 3Y and
Hyundai Motor Co. topped the global hydrogen car sales list in the January-September period of 2020.Hyundai Motor sold 4,917 hydrogen cars, accounting for 73.8 percent of the 6,664 units sold worldwide during the period, said market research company SNE Research on De. 14. Hyundai Motor saw its sale
The author is an analyst of NH Investment & Securities. He can be reached at soohong.cho@nhqv.com. -- Ed. Mid/long-term efforts by management are underway to overhaul HyundaiWia’s business structure, which is focused on the production of internalcombustion engines. While its customer diversification
A Korean scientist in the United States has come up with a way that can produce a “transparent brain” 100 times faster than before.Prof. Chung Kwang-hun of the Massachusetts Institute of Technology (MIT), who is credited with developing an innovative technology to produce a transparent brain in 2013
Chinese TV makers are in hot pursuit of Samsung Electronics and LG Electronics. They are rapidly expanding their presences in the global TV market by narrowing their gap with Korean companies in premium technologies such as micro LEDs and organic light emitting diodes (OLEDs).Chinese TV companies su
Samsung Electronics will release new micro LED TV models for use in homes in the second half of this year, Han Jong-hee, president of Samsung Electronics’ Visual Display Business, said in Las Vegas on Jan. 5, stressing that the company has made remarkable progress in the new TV technology.Han met wi
LG Electronics is planning to hold a technical briefing for journalists to highlight the image quality problem of Samsung Electronics’ 8K TVs. The company recently took issue with the picture quality of Samsung' 8K TVs at IFA 2019, Europe's largest home appliance exhibition in Berlin, German
Nowadays, South Korean and Japanese automakers are focusing on hydrogen-powered vehicles in order to respond to ever-tightening environmental regulations. U.S. and European automakers are poised to enter the market as well.Approximately two million cars are expected to be sold in the global hydrogen
As “security token offerings (STOs),” which refer to issuances of cryptocurrencies using traditional assets, such as real estate, stocks and paintings, as collateral, have emerged as an alternative to initial coin offerings (ICOs) for the cryptocurrency industry, STO-related technology platforms and
The Korea Employers Federation (KEF) raised an objection to the Ministry of Employment and Labor’s revision of the enforcement decree of the Minimum Wage Act, claiming that the current enforcement decree is legitimate. According to the current enforcement decree, paid holidays are excluded and actua
The Korean government has cut its target supply of hydrogen cars by half. It’s been nine months since the government announced its initial target quantity. It will be difficult to avoid a criticism that the target was set only for show and there was no elaborate planning of distribution nor budgetin
Display panel and TV manufacturers are paying attention to the development of mini LEDs, which, in their view, are sufficiently competitive in terms of price and performance compared with OLEDs, market research firm WitsView reports.Mini LEDs have a chip size of 100 to 200 micrometers, bigger than m
Hydrogen fuel-cell vehicles are still pretty foreign to most drivers, but three automakers – Korea’s Hyundai, Japan's Toyota and Honda -- are betting on these environmentally-friendly vehicles going mainstream in the near future.In March 2013, Hyundai launched the world's first mass-produced hydroge