The Korea Securities Depository announced on April 14 that the settlement of foreign stock trades via itself increased 96.5 percent quarter on quarter to US$128.51 billion in the first quarter of this year. It is the largest quarterly amount since its records began in 2011.The settlement of U.S. sto
Rivian, an American electric vehicle (EV) startup, announced on April 13 that it will use Samsung SDI's cylindrical batteries for its electric pickup truck R1T and sports utility vehicle (SUV) R1S, which are scheduled to hit the market in 2021.Rivian is called the next Tesla thanks to its techno
Coupang, Korea's leading e-commerce company, is planning to enter Singapore. Having secured about 5 trillion won in cash by offering its stocks on the New York Stock Exchange, Coupang is targeting overseas markets for the first time in 11 years since its foundation.Coupang is reportedly working
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
SK Group announced on April 6 that it has signed a contract to purchase a 16.3 percent stake in VinCommerce, a distribution subsidiary of Masan Group in Vietnam, for 460 billion won.SK said the investment is in accordance with its strategic partnership with Masan Group, and SK secured valuation gain
Aekyung Industrial announced on April 6 that its makeup brand Luna is now available on the world's largest e-commerce mall Amazon.Its products selling on Amazon include makeup lines such as Luna Long-Lasting Tip Concealer BIG, Luna Proof Extreme Slim Liner and Luna Matte Tint Leather. Luna is Ae
The authors are analysts of Shinhan Investment Corp. They can be reached at shawn1225@shinhan.com and jhwon@shinhan.com, respectively. – Ed. Domestic leader in wound care, rising presence in trouble carewhich went public in November 2020, is a leading wound dressing manufacturer in Korea. The compan
St. Louis-based Moosylvania recently released this year’s Top 100 Brands for Millennials, in which Samsung Electronics took the fifth place. The ad agency conducted the survey with a total of 1,000 U.S. residents in the age group of 19 to 39 and they were asked to pick their three favorite brands.Ap
The author is an analyst of NH Investment & Securities. He can be reached at kyeongkeun.kang@nhqv.com. -- Ed. H.PIO boasts its own premium health functional food brand (Denps; based in Northern Europe). Having secured a solid market position backed by its top-tier product lines (probiotics/vitamins)
Mando has signed contracts with China's Voyah and Russia's Gaz to supply parts for advanced driver assistance systems (ADASs). Mando’s ADAS products such as front cameras and front radars will go into Voyah and Gaz cars.To enter the global ADAS market in earnest, Mando has recently acquired
The Korea Securities Depository announced on March 24 that South Korean individual investors owned US$82.742 billion of foreign currency securities as of March 22 and the amount increased 14.6 percent compared to the end of 2020.For years until 2019, the amount increased by 20 percent to 30 percent
Samsung Electronics has been put on alert as Intel, the world's largest semiconductor company, has announced a plan to invest US$20 billion to build two foundry lines.Samsung Electronics announced in April 2019 that it will invest 133 trillion won by 2030 to become the No. 1 player in the system
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed. Maintain TP of KRW105,000; Austin plant operations to normalize in 2Q21 We reiterate BUY and TP of KRW105,000 for Samsung Electronics. We maintain a positive outlook as: (1) uncertainties should recede from 2Q2
The ecosystem of the automobile industry, one of the main industries in the past 100 years, is fundamentally changing in the era of the Fourth Industrial Revolution. In the past, it was a pyramid structure with finished carmakers at the top. But it is changing into an arena of competition where tech
Samsung Electronics and LG Electronics have settled a patent infringement case with a European patent troll out of court. The case lasted for about one year.The U.S. International Trade Commission (USITC) announced on March 15 that it will wrap up its investigation into Samsung Electronics and LG El
SK Telecom will connect 5G mobile edge computing (MEC) services around the world by partnering with the Bridge Alliance, the largest alliance of telecom companies in Asia, the Middle East, and Africa. The alliance has 34 telecommunication companies as its members. They include SK Telecom (Korea), Si
GST Global GmbH, a subsidiary of Hyosung Advanced Materials, announced on March 16 that it has recently signed a contract to supply airbags for the robotaxi of Zoox Inc., an Amazon subsidiary specializing in self-driving cars.The company will supply next-generation one piece woven (OPW) airbags thro
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed. Target price held at KRW105,000; Chip prices should begin climbing We reiterate BUY and our 12m TP of KRW105,000 on SEC. We expect brisk set sales (consumer electronics such as smartphones and TVs) to push up 1
Coupang has made a successful debut on the New York Stock Exchange. The company's stock closed at US$49.25 on March 11 (local time), the first day of trading, a 40.71 percent higher than its initial offering price of US$35.Coupang's market capitalization reached about US$88.65 billion (about
The COVID-19 pandemic has been fueling people’s interest in boosting immunity against viruses. Masks have become an everyday item and methods to boost and maintain immunity are gaining popularity.In Korea, red ginseng is the most popular health functional food as it boosts immunity. Red ginseng is o