The government is focusing its policy efforts on “normalizing the nuclear power industry ecosystem.” It has come up with support measures encompassing advancing research and development (R&D), facilitating job opportunities, extending financial aid, and offering tax incentives.On Feb. 22, the govern
The Korea Investment Corporation (KIC) has announced on Feb. 5 that it achieved a double-digit rate of return last year, with total assets under management increasing by over US$20 billion (26.71 trillion won).The KIC revealed on the same day that the annual rate of return for the year 2023, denomin
Huawei held a conference on the Top 10 Trends of Data Center Facility in 2024 and released the corresponding White Paper. At the conference, Yao Quan, President of Huawei Data Center Facility Domain, defined the three characteristics of future data centers: reliable, simplified, and sustainable. Yao
Researchers in South Korea have confirmed the mechanism of deterioration occurring inside the anodes of solid-state batteries and have demonstrated the possibility of stable operation of these batteries in a low-pressure environment.The Korea Institute of Science and Technology (KIST) announced on N
The author is an analyst for NH Investment & Securities. She can be reached at hzl.lee@nhqv.com -- Ed.We raise our TP on SM Ent to W170,000. With the full-fledged launch of the SM 3.0 era, the frequency of the firm’s new releases has increased, and sales volume per album is on the rise. Accordingly,
The government will shorten the site preparation period for the world’s largest system semiconductor industrial complex to be built in Yongin, Gyeonggi Province of Korea by two years. As governments in the United States, countries in the European Union (EU), Japan and other countries are scrambling
Samsung Electronics, Korea’s largest company with 120,000 full-time employees, will implement a four-day workweek once a month. As more and more companies are already implementing it or pushing for its introduction, it remains to be seen if this partial four-day workweek system will spread across th
The author is an analyst for NH Investment & Securities. She can be reached at hzl.lee@nhqv.com -- Ed.SM Ent posted consensus-missing 1Q23 OP of W18.3bn, weighed upon by OP deterioration due to an absence of meaningful new album releases. But, with eagerly-awaited major artist release cycles drawing
The author is an analyst of NH Investment & Securities. She can be reached at hzl.lee@nhqv.com -- Ed.We raise our TP on SM Ent by 24% to W130,000 on a hike to our earnings estimates in consideration of profitability improvement following both the termination of its contract with Like Planning and to
The South Korean government has decided to open the Gadeokdo Airport in December 2029, 66 months ahead of the previous schedule.Previously, the airport was scheduled to be opened in June 2035 after 116 months of construction. According to the government’s announcement on March 14, the construction p
Shinhan Financial Group announced on Jan. 31 that it was included in the 2023 Bloomberg Gender Equality Index, becoming the first Korean financial group to be included in the index for five consecutive years.The Bloomberg Gender-Equality Index (BGEI) covers companies listed on the U.S. Stock Exchang
SK On, a battery subsidiary of SK Innovation, announced on Dec. 26 that it will showcase its high-tech batteries, including Super Fast (SF) Battery, the NCM9 Series and S-PACK, at CES 2023, which takes place in Las Vegas of the United States from Jan. 5, 2023.The company's SF Battery is a high-n
Hyundai Engineering announced on Nov. 28 that it has completed the construction of Long Son Utility Plant in Vietnam.The company held an initial acceptance ceremony for the plant on Nov. 26 with the attendance of officials, including Hong Hyun-seong, CEO of Hyundai Engineering, and Thamasak Sethadom
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
The Korean government plans to boost domestic automakers' electric vehicle (EV) production to 3.3 million units by 2030 and increase their global market share to 12 percent. The plan is part of the government's vision for the automobile industry unveiled by Lee Chang-yang, minister of trade,
Daewoong Pharmaceutical announced on July 19 that its drug for idiopathic pulmonary fibrosis, dubbed DWN12088, has been granted fast-track designation by the U.S. Food and Drug Administration (FDA).The designation will allow Daewoong Pharmaceutical to accelerate the development of DWN12088. The comp
LG Chem is pushing for the issuance of foreign currency bonds worth up to US$1 billion. The company reportedly plans to use the raised funds to invest in carbon dioxide emissions reduction facilities and build production processes using eco-friendly raw materials.The company has recently selected Ba
The Korea Enterprises Federation said on July 3 that it submitted a proposal to the Ministry of Economy and Finance as to inheritance, corporate and earned income tax-related potential improvements.According to the federation, the proposal includes a downward adjustment of the maximum inheritance ta
The author is an analyst of NH Investment & Securities. She can be reached at jiyoony@nhqv.com. -- Ed. F&F registered an earnings surprise for 1Q22. Domestic performance outperformed market expectations, and MLB China posted sales similar to the recent peak season (4Q21) number. Company-wide OPM rea