The author, Sam seog Ko, is a distinguished professor at the College of AI Convergence at Dongguk University and former commissioner of the Korea Communications Commission -- Ed.The global streaming service Netflix is rapidly changing the media market. Especially during the corona pandemic, media ex
CJ ENM’s over-the-top (OTT) media platform Tving and SK Square’s Wavve are set to merge. Discussions of the merger between the two companies began in 2020 but had not progressed due to differing views on the specifics. However, discussions have recently accelerated.The merger of Tving and Wavve is a
Hyundai Rotem, as a leading contender in the terrestrial weapon systems, is recognized globally for its top-tier competitive and technological prowess. Its market strategy includes an impressive portfolio of terrestrial weapon systems from the latest K2 tanks to wheeled armored vehicles and a compre
On Oct. 11, HD Korea Shipbuilding & Offshore Engineering announced at Seoul Square a concluded investment agreement with the pioneering fuel cell company Elcogen AS. The agreement sees the shipbuilding giant investing a total of 45 million euros (US$48 million).The event was graced by the presence o
As global demand for offshore wind power continues to grow, the associated submarine cable market is also rapidly expanding.According to industry sources on Sept. 8, the Taiwanese government has begun the selection process for development companies related to offshore wind power projects for 2028-20
POSCO E&C announced on Aug. 24 that it signed an agreement with Equinor, a leading global company in the offshore wind power sector, on Aug. 23 to drive the “Ulsan Bandibuli (firefly)” project, the world’s largest floating offshore wind power venture.Through this agreement, POSCO E&C plans to establ
At Mobile World Congress (MWC) Barcelona 2023, Huawei took home multiple GTI Awards.Huawei's Green Target Network program scooped the GTI Innovative Breakthrough in Mobile Technology Award and Outstanding Award, while its 5G Smart Ocean project won the GTI Market Development Award for its outsta
Samsung Electronics announced on Feb. 23 that it has secured a standardized 5G non-terrestrial networks (NTNs) modem technology for direct communication between smartphones and satellites.The company plans to integrate this technology into the company’s Exynos modem solutions, accelerating the comme
SK Telecom announced on Dec. 29 that it succeeded in transmitting terrestrial broadcast signals using its mobile edge computing (MEC) and virtualization technologies in Washington, D.C. of the United States on Dec. 28 (local time).This demonstration was conducted in the Arlington area near Washingto
The author is an analyst of NH Investment & Securities. She can be reached at hzl.lee@nhqv.com. -- Ed. We expect Studio Dragon’s consolidated 3Q22 OP to meet consensus. In addition to the sustaining of strong quarterly earnings thanks to the airing of episodes on captive channels, from October, glob
Fake news and information are following one after another regarding President Yoon Suk-yeol’s recent visits to the United Kingdom, the United States and Canada. The spread of such news and information has been led by left-wingers’ terrestrial broadcasting programs.It is MBC that spread the most seri
The author is an analyst of KB Securities. He can be reached at moonjoon.chang@kbfg.com. -- Ed. Maintain BUY, target price of KRW62,000 We maintain BUY and TP of KRW62,000 (0.54x 12m fwd P/B) on DL E&C. Despite the market’s growing hope for overseas orders, DL E&C’s efforts to expand its overseas pl
The author is an analyst of KB Securities. He can be reached at yonghyun.choi@kbfg.com. -- Ed. Initiating coverage on Korea Media with POSITIVE ratingWe initiate coverage on Korea Media with a POSITIVE rating. The media industry in Korea is in the midst of undergoing structural changes where OTT (ov
DL Engineering & Construction (DL E&C) announced on July 20 that it has signed an MOU with Canada’s Terrestrial Energy to cooperate in the development and deployment of small modular reactors (SMRs).Founded in 2012, Terrestrial Energy is developing integral molten salt reactors (IMSRs), a next-gener
The author is an analyst of Shinhan Investment Corp. He can be reached at sejonghong@shinhan.com. -- Ed. 1Q21 preview: Consolidated OP of KRW5.8bn (+27.5% YoY)Nasmedia is expected to have posted consolidated operating profit of KRW5.8bn (+27.5% YoY) on sales of KRW27.2bn (+3.9% YoY) for 1Q21. Our es
The author is an analyst of NH Investment & Securities. She can be reached at hzl.lee@nhqv.com. -- Ed. Amid intensifying competition among global OTT players to secure Korean content, related players in Korea are now greater investing in content arenas.1) Telcos: To boost partnerships with global OT
The author is an analyst of Shinhan Investment Corp. He can be reached at sejonghong@shinhan.com. -- Ed. 1Q21 consolidated OP forecast at KRW3.4bn (+105.2% YoY)Consolidated earnings forecasts for 1Q21 remain unchanged at sales of KRW9.1bn (+33.7% YoY) and operating profit of KRW3.4bn (+105.2% YoY).
The author is an analyst of KB Securities. He can be reached at hdsung@kbfg.com. -- Ed. Company summary Pan Entertainment, which was listed on the KOSDAQ in 2006, is a comprehensive media company that has produced many popular K-dramas, including Winter Sonata (2002) Moon Embracing the Sun (2012), K
The Korean government and the National Assembly should come up with promotion policies rather than regulations to strengthen the Korean OTT industry’s competitiveness, panelists urged at a debate held at the National Assembly on July 30.The panelists included Lee Hee-joo, head of the Planning Office
The author is an analyst of NH Investment & Securities. She can be reached at hzl.lee@nhqv.com. -- Ed. J Contentree’s drama related operations (production, distribution, and investment) will be transferred to JTBC Studio, whose capacity as an independent studio is expected to stand out. Owing to Cov