The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. VR device market growth stalledTill recently, sales of VR devices had proved disappointing due to a variety of reasons, including: 1) complicated installation procedures; 2) the need to be connect
Amid the rapid growth of the telematics market, the global market share of the VS Division at LG Electronics recently reached a new high in six years. Telematics systems are like brains of smart cars.The division’s global market share stood at 24.8 percent in the first quarter of 2021, up 7.7 percen
MBK Partners chairman Kim Byung-ju recently joined an online forum of the Alternative Investments Society (AIS) of the London School of Economics and Political Science. There, he mentioned South Korea’s dynamism, China’s huge domestic market and Japan’s accumulated wealth and economic scale as Asia’
The Korea Institute for Industrial Economics & Trade announced on May 5 that South Korea came in third out of 152 countries, behind Germany and China, in Competitive Industrial Performance (CIP) Index 2018, which was published by the United Nations Industrial Development Organization (UNIDO) in July
Neuron Mobility, a rental e-scooter operator and micromobility technology developer, announced on April 22 its partnership with the Citizens’ Coalition for Safety (CCS), a leading nonprofit safety organization, to promote safety in Korea’s shared e-scooter sector.The two parties held an MOU ceremony
SK Inc.’s stakes in global mobility startups Grab in Southeast Asia and Otonomo Technologies in Israel are spiking in value as these companies are pushing for IPOs.Since 2017, SK Inc. has focused its investments in companies specializing in ride- sharing, car-sharing, and mobility technology. The in
The authors are analysts of NH Investment & Securities. They can be reached at ys.jung@nhqv.com. -- Ed. Global sales for FCEVs totaled around a mere 8,000 units as of 2020. That being said, over the long term, we expect FCEVs, along with EVs, to spearhead the shift towards clean mobility. Starting f
EOFlow, a Korean pharmaceutical company that has developed an innovative wearable insulin pump, plans to expand its wearable drug delivery solutions to other non-insulin drugs.The company disclosed this plan during a session at the 2021 spring symposium of the Korean Endocrine Society, which was hel
The small modular reactor (SMR) business is emerging as a future energy business around the world. An SMR is a small nuclear power plant with an electricity output of 300 MW or less. It is attracting attention thanks to its strong safety and no carbon emissions.Doosan Heavy Industries & Construction
Amid growing complaints about wages and performance-related benefits among Hyundai Motor employees, white-collar workers and researchers are moving to launch a new labor union.White-collar workers and researchers are pushing for the establishment of a new labor union as their opinions were not fully
Daily newspaper The Australian reported that Australian companies are being urged to cut their relations with POSCO, which is suspected of working with the military of Myanmar.“Human rights activists are calling for Australian companies doing business with POSCO to sever their relations,” said Amand
SK Holdings will join hands with China's Geely Auto Group to invest in future mobility companies.SK Holdings established the New Mobility Fund with Geely, the No. 1 private automaker in China. The two sides invested US$30 million each in the fund, whose total size is US$300 million. The two comp
Hyosung Heavy Industries announced on March 17 that it has recently signed a contract with Downing, the largest electricity investment and development company in the U.K., to supply a 50MW energy storage system (ESS) to Southampton, England.The 50MW ESS is the largest ever ESS Hyosung Heavy Industri
Samsung Electronics has started to develop the core semiconductors for Google's next-generation self-driving car.The company has recently won an order to supply semiconductors for next-generation self-driving cars from Waymo, a Google subsidiary committed to developing self-driving cars.The proj
Alluto, an automotive electronics joint venture between LG Electronics and Luxoft, a Swiss software company, was launched in the United States on March 15 (local time). The new company will focus on the infotainment market for vehicles.LG Electronics and Luxoft signed an agreement to establish a joi
Neuron Mobility, Australia and New Zealand’s leading e-scooter operator, announced on March 4 that it will launch in Korea on March 5.The company is deploying 2,000 of its new Korean spec e-scooters starting in Gangnam, Seoul, and plans to refine operations before expanding to other parts of the cit
The Financial Services Commission announced on March 2 that its loan maturity extension and interest payment deferment for non-large companies and small business owners stricken by COVID-19 have been extended by six months from the end of this month.As a result, the measures have been extended three
The author is an analyst of NH Investment & Securities. She can be reached at michelle.cho@nhqv.com. -- Ed. Our FY2020 fundamental scorecard analysis shows unchanged positions among domestic banks, even amid Covid-19 woes. We prefer banking players offering top-tier fundamentals: KBFG and HFG.Time p
Halla Group's auto parts maker Mando will take over Mando-Hella Electronics, a company specializing in autonomous driving and electronic components.Mando announced on Feb. 3 that it will buy stakes in Mando-Hella Electronics from Hella of Germany and Halla Holdings, the holding company of Halla
Hyundai Motor Group announced on Feb. 1 that it will invest in startups with innovative technologies and creative ideas by establishing ZER01NE Fund 2.The group signed a business agreement with Korea Development Bank to support promising mobility startups and foster a future mobility ecosystem.ZER01