K-Beauty’s diversification of export products and destinations has been evident. The continued success of products like color cosmetics since last year, and a decreasing dependence on China in favor of exports to a variety of other countries, has been a notable trend.According to the Korea Customs S
The author is an analyst for NH Investment & Securities. He can be reached at esshim@nhqv.com -- Ed.GnBS Eco is a manufacturer of eco-friendly equipment, including plasma scrubbers for use in the production of semiconductors, displays, and solar panels. We foresee the materialization of a steep earn
After the Korean government has announced a strategy to secure 33 key minerals used in high-tech industries, including lithium and graphite, by reducing its dependence on China to 50 percent by 2030, Korea’s dependence on China for some key items began to shrink in 2023.Korea’s lithium hydroxide imp
Doosan Enerbility is expanding its metal additive manufacturing (AM) business, which has been growing in the power generation and defense sectors, into the shipbuilding sector.Metal additive manufacturing is a technology that manufactures metal material parts by stacking metal powder layer by layer,
Korea and the Gulf Cooperation Council (GCC) have finalized negotiations on a free trade agreement (FTA). The Korea-GCC FTA is Korea’s twenty-fifth FTA and the second with the Arab world after the Korea-United Arab Emirates (UAE) Comprehensive Economic Partnership Agreement (CEPA). As Korea has gain
An increase in the use of electric vehicles (EVs) is increasing the number of waste batteries. Under these circumstances, Korean researchers have developed a new technology to recycle them in an eco-friendly way.On Dec. 7, the Korea Institute of Geoscience and Mineral Resources (KIGAM) announced tha
After 50 years of growth, POSCO is preparing for the next 50 years with its hydrogen reduction steel technology. The Korean steelmaker plans to finalize the commercialization of its HyREX technology by 2030 and convert its Pohang and Gwangyang steel plants to those based totally on the new steelmaki
The author is an analyst for NH Investment & Securities. He can be reached at minjae.lee@nhqv.com -- Ed.IS Dongseo’s 3Q23 results beat our estimates and consensus. A decrease in sales at the housing business is inevitable on the completion of major projects. Share price differentiation continues ver
On Oct. 26, KGC Korea Ginseng Corporation announced its participation in North America’s largest health food ingredient exhibition, SupplySide WEST 2023.For the first time this year, KGC Korea Ginseng Corporation operated a JUNG KWAN JANG booth at the ingredient exhibition, showcasing a variety of r
Amid tensions between the U.S. and China, domestic businesses are growing increasingly anxious as China includes graphite, a crucial component for secondary batteries, in its export control list. This move towards controlling not just gallium and germanium but also graphite by China in the second ha
Kolmar Korea's sun care products are extending their reach worldwide. The equation "Kolmar Korea = Sun Care" is being recognized not just in Korea but globally. The critical reasons for Kolmar Korea's sun care products achieving this world-class status lie in its technical prowess and the trust of c
Despite the 3Q off-season, Cosmax is forecast to log solid sales thanks to the popularity of K-beauty and robust exports. Although we maintain a conservative stance regarding the recovery of the Chinese cosmetics market, we favorably note both a rapid improvement in US profitability and strong growt
Last year, due to the surge in demand for electric vehicles (EVs), prices of core battery minerals like lithium and nickel reached a peak. However, they have been on a decline recently. Battery cathode material companies that purchased these minerals when they were expensive are now facing challenge
In response to the United States’ semiconductor sanctions, China’s “Semiconductor Self-Reliance” strategy is gradually coming to the surface. Given the immediate challenge of countering U.S. sanctions, China is discreetly pouring substantial funds into attracting overseas semiconductor talent. Furth
POSCO International is aggressively pushing forward with securing secondary battery materials and resources.On Aug. 28, POSCO International announced a significant expansion of its global trading business for key secondary battery materials and resources such as lithium and graphite, which it suppli
Seoul Sisters participated in KCON LA 2023 and, at the same time, they are actively targeting the US market. Seoul Sisters, who are targeting the global market starting with Amazon, plan to accelerate their entry into the US mainland by expanding offline channels after KCON LA 2023.Seoul Sisters has
Kolmar BNH has been honored as a “World-class Company” under the auspices of the Ministry of Trade, Industry, and Energy. This prestigious recognition entitles the company to receive financial support of approximately 4 billion won (US$3.12 million) over the next four years.With this achievement, Ko
The author is an analyst for NH Investment & Securities. He can be reached at minjae.lee@nhqv.com -- Ed.While the value of IS Dongseo’s construction division is bound to be dampened amid lackluster real estate market conditions, it is still to enjoy stable revenue thanks to in-house housing projects
CJ CheilJedang announced on July 13 that its feed amino acid brand Best Amino has been selected as one of the Top 100 Global New Brands of 2023 by global information service company Clarivate Analytics.Best Amino has been recognized for its leading position and competitiveness in the global amino ac
Ottogi has been sustaining sales with overseas revenues exceeding 270 billion won in 2021.Ottogi is expanding its global operations and developing products suitable for different countries’ characteristics. In particular, Ottogi’s Soft Cheese Ramen is being exported to over 60 countries and is widel