Samsung Electronics and Naver have unveiled their jointly developed artificial intelligence (AI) semiconductor, which has been in development over the past year. Known for its power efficiency being approximately eight times greater than chips from competitors like Nvidia, this product is expected t
As the automotive industry shifts its focus from hardware to software, South Korean companies are accelerating their drive towards Software-defined Vehicles (SDVs). SDVs are cars controlled and managed by software. Domestic car and parts manufacturers are actively developing solutions and preparing
The author is an analyist for NH Investment & Securities. He can be reached at jack.baek@nhqv.com -- Ed.MaumAI is a provider of AI platform services to companies looking to implement AI. Moving ahead, we anticipate a rise in RAG chatbot orders, strengthening earnings at the new WoRV autonomous drivi
Huawei kicked off the 14th Global Mobile Broadband Forum in Dubai, UAE. Li Peng, Huawei's President of Carrier BG, delivered a keynote at the event. In his speech, Li called on global carriers and industry partners to rise to the occasion, address increasing demands on networks, and make the most of
ONDA, a South Korean hospitality technology company, is participating in Dubai’s largest startup and investor event to mark its entry into the Middle East hospitality technology market.ONDA (CEO Hyun-seok Oh) announced its participation in ‘Expand North Star 2023’ from October 15th to 18th at the Du
On Oct. 5, LIG Nex1 held a meeting in MegazoneCloud’s conference room and signed a business agreement with MegazoneCloud and Amazon Web Services Korea for “Future Space and Defense Cloud Transition.”With this agreement, the three companies plan to collaborate on the development of cloud transition t
ONDA, a South Korean hospitality technology company, is making inroads into the Turkish hotel solutions market. This expansion is fueled by a strategic partnership with CMH Solutions, a top player in the Turkish hotel and resort industry.ONDA (CEO Hyun-seok Oh) announced it has signed a Memorandum o
LG CNS and Microsoft will strengthen their strategic collaboration to accelerate AI and cloud-based digital transformations (DX) and expand their business cooperation.To this end, the two companies held a top management meeting (TMM) at Microsoft’s headquarters in Redmond, Washington with the partic
The author is an analyst of NH Investment & Securities. He can be reached at kyeongkeun.kang@nhqv.com -- Ed.As an IT solutions provider, Tomato System mainly focuses on IT systems and UI/UX solutions. Margin improvement is in progress, backed by sales growth for high value-added solutions products.
Shinhan Card announced on Oct. 19 that it has signed a memorandum of understanding with Stripe, a U.S. company that operates a global financial infrastructure platform, to promote global Payments as a Service (PaaS).The two companies held a partnership signing ceremony at Shinhan Card's main off
EOFlow Co., a provider of wearable drug delivery solutions, announced on Aug. 12 that its European partner, A. Menarini Diagnostics (‘Menarini’) will officially launch its tubeless, wearable, and disposable insulin pump “EOPatch” in Europe on Sept. 1, 2022.EOPatch is one of the only two fully dispos
The author is an analyst of KB Securities. He can be reached at joonsop.analyst@kbfg.com. -- Ed. 2Q22 review: OP at KRW248.4bn (-7.5% YoY)— LG Uplus posted 2Q22 consolidated OP of KRW248.4bn (standalone at KRW244.5bn), in line with the market consensus of KRW256.5bn (FnGuide, last three months). OP
The author is an analyst of Shinhan Investment Corp. He can be reached at hsh0628@shinhan.com. -- Ed. Client base expands alongside growing demand for SCM solutionsIncreased volatility in global supply chains and efforts to reinforce ESG (environmental, social, and governance) management are driving
EOFlow Co., a provider of wearable drug delivery solutions, has officially launched an iOS version of ‘Narsha,’ a smartphone application for wearable insulin pump in Korea.It has been nine months since the company officially launched the Android application of Narsha. Narsha is the world’s first sma
KT announced on April 17 that it signed an MOU with Deep Brain AI, a company specializing in virtual humans, for cooperation in expanding its Giga Genie business.KT plans to combine its Giga Genie with Deep Brain AI's virtual humans to create Giga Genie AI Human. Then, they will apply their crea
The author is an analyst of KB Securities. He can be reached at joonsop.analyst@kbfg.com. -- Ed. Maintain BUY, target price of KRW225,000 We maintain BUY and TP of KRW225,000 on Samsung SDS. We are bullish because IT Services earnings should improve, driven by an increase in non-affiliate revenue, i
KT announced on April 13 that it has signed a business agreement with Hanoi Medical University to launch a pilot telemedicine service for chronically ill patients.KT will start verifying the feasibility of telemedicine services for patients with chronic diseases together with Hanoi Medical Universit
Korea Water Resources Corp. launched the digital water platform ‘wateRound’ at the Abdou Diouf International Convention Center in Senegal, where the 9th World Water Forum is held, on March 22.The cloud-based platform provides water-related data owned by various organizations such as Korea Water Reso
Samsung SDS is gearing up to penetrate the global cloud managed service provider (MSP) market in earnest.The company announced on Feb. 17 that it has formed a strategic mutual cooperation partnership with Amazon Web Services (AWS) to participate in AWS Exclusive Global Business Network. The network
The authors are analysts of Shinhan Investment Corp. They can be reached at hsh0628@shinhan.com and wonyong.sim@shinhan.com, respectively, -- Ed. Domestic leader in purchasing & supply management solutionsEMRO posted standalone sales of KRW30.7bn (+11.0% YoY) and operating profit of KRW4bn (+42.2% Y