The author is an analyst of Shinhan Securities. He can be reached at jhwon@shinhan.com -- Ed.We now expect Interojo to post decent results in line with market consensus for 1Q23 at consolidated sales of KRW31.9bn (+12.1% YoY) and operating profit of KRW7.4bn (+5.0% YoY, operating margin of 23.1%).Ex
Dong Suh Foods has decided to recall some of its Maxim Mocha Gold Coffee Mixes due to the possibility that silicon-based materials were mixed in during the production process.Some of eight different types of its products, including the 600 gram Maxim Mocha Gold Coffee Mix, may have contained a subst
A small Korean company has developed a material that is expected to dramatically improve the yield of the extreme ultraviolet (EUV) lithography equipment from ASML, a Dutch semiconductor equipment company.Graphene Lab, a developer of semiconductor and display materials, announced on Nov. 14 that it
LG Display has entered the commercialization stage of stretchable displays that can be freely stretched, folded and twisted, the company announced on Nov. 8.The company unveiled a prototype with a 12-inch screen that can be stretched to 14 inches, and is capable of a simultaneous expression of all c
Samsung SDI announced on Sept. 20 that it is participating in IAA Transportation 2022, one of the world's largest commercial vehicle exhibitions, which is held at the Hannover Fairground in Hannover, Germany, from Sept. 20-25 September 2022.The company has set up an undisclosed booth for its cus
The authors are analysts of Shinhan Investment Corp. They can be reached at shawn1225@shinhan.com. -- Ed. Three investment strategies and top picksOur healthcare sector top picks for September were selected from a total of 45 companies under our coverage for the following three investment strategies
Market research firm Counterpoint Research said on March 21 that MediaTek ranked first in the Android smartphone AP market in 2021 with a 46 percent share, followed by Qualcomm with a 35 percent share.MediaTek was strong in the segment of models under US$299. In particular, LTE smartphones led the m
The author is an analyst of NH Investment & Securities. He can be reached at esshim@nhqv.com. -- Ed. HRS is an oligopolistic enterprise in the domestic silicone rubber market. In 4Q21, the company logged record-breaking quarterly earnings thanks to a temporary widening of spreads between ASPs and ra
KCC's sales in 2021 are estimated at an all-time high of more than 6 trillion won. The company's sales exceeded 5 trillion won for the first time in history in 2020. In addition, its operating profit is estimated to have jumped from 133.8 billion won to over 500 billion won in 2021.According
The author is an analyst of NH Investment & Securities. He can be reached at minwoo.ju@nhqv.com. -- Ed. Daejoo’s SiOx capacity should climb sharply in line with Ultium Cells’ US capacity ramp-up plans. Downstream markets are set to expand as silicone additives will likely be used in smartphone batte
The author is an analyst of NH Investment & Securities. He can be reached at ys.hwang@nhqv.com. -- Ed. Having officially established a silicone additive business, Hansol Chem is to become a mainstream materials player in the rechargeable battery market in addition to the semiconductor market. Lookin
The author is an analyst of Shinhan Investment Corp. He can be reached at yjjung86@shinhan.com. -- Ed. Horizontal and vertical expansions underwayPOSCO Chemical has aggressively increased capex in secondary battery materials, backed by solid cash inflows from existing operations and support from POS
Samyang Corp. announced on May 25 that it would develop an isosorbide-based biodegradable polycarbonate and commercial components based on the polycarbonate at the same time.At present, physical polycarbonate recycling has no merit in terms of cost, and it has been buried or burned after use. These
The South Korean government released a plan for advanced power semiconductor R&D and production capacity enhancement on April 1.An advanced power semiconductor device, which is used for power conversion, stabilization, control, and the like in AI systems, electric vehicles, and so on, is produced wi
The Korea Institute of Science and Technology (KIST) announced on March 3 that its research team led by Dr. Kim Jin-sang developed a flexible thermoelectric element capable of semi-permanently generating electricity by using body temperature. The element is characterized by containing polydimethylsi
The author is an analyst of Shinhan Investment Corp. He can be reached at snowKH@shinhan.com. -- Ed. 3QF20 preview: Domestic silicone polymer sales on a steady growth trackHans Biomed is expected to record sales of KRW19.5bn (+8.7%YoY) and operating profit of KRW3.4bn (-0.8% YoY) for 3Q FY20 (fiscal
The authors are analysts of NH Investment & Securities. They can be reached at j.ko@nhqv.com and soohong.cho@nhqv.com, respectively. -- Ed. European governments have expressed their willingness to expand the xEV market via a variety of support policies. Expecting strong growth in the European xEV ma
The authors are analysts of Shinhan Investment Corp. They can be reached at snowKH@shinhan.com and swoong92@shinhan.com, respectively. -- Ed. 2QFY20 preview: Sales +14% YoY, OP +80 % YoYHans Biomed (fiscal year ending in September) is projected to post sales of KRW19bn (+14% YoY) and operating profi
South Korea’s foreign direct investment (FDI) in the United States topped US$10 billion for the fourth consecutive year with an increasing number of South Korean companies running their manufacturing facilities in the United States. According to Reshoring Initiative, the United States’ manufacturing
Samsung Electronics will face more difficulties in achieving its goal of becoming No. 1 in system semiconductors by 2030 with the solidification of a partnership between Chinese telecommunication equipment maker Huawei and Taiwanese foundry leader TSMC, industry watchers say.Huawei's affiliate a