SeAH Besteel announced on Jan. 27 that it has won an order from a Taiwanese client for about 5,000 tons of special steel to be used for producing the bolts and nuts for offshore wind turbines.Special steel used for offshore wind turbine fasteners are a high-value product with high entry barriers and
The authors are analysts of Shinhan Investment Corp. They can be reached at chank@shinhan.com and johnsoh@shinhan.com, respectively. -- Ed. Manufacturer of non-memory test probe pins and IC test socketsLEENO Industrial produces test pins/sockets for non-memory chips and parts for medical devices. Le
The authors are analysts of Shinhan Investment Corp. They can be reached at chank@shinhan.com and johnsoh@shinhan.com, respectively. -- Ed. Non-memory test service providerTesna provides wafer probe test, package test, and backend services. Tests are mainly for SoC (system on chip), CIS (CMOS image
The authors are analysts of Shinhan Investment Corp. They can be reached at shawn1225@shinhan.com and jhwon@shinhan.com, respectively. – Ed. KRW35bn CB issuance to fund new businesses and R&DOn January 19, Eoflow announced that it will issue convertible bonds (CBs) worth KRW35bn to fund the acquisit
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. Helped by both rebounding shipments at clients and weakening competition, BH Flex’ earnings are primed to improve. However, the firm’s shares remain undervalued, offering valuations appeal.Core bu
The author is an analyst of NH Investment & Securities. He can be reached at kyeongkeun.kang@nhqv.com. -- Ed. Rising 3-in-1 board adoption by Solu-M’s main client should drive earnings growth at the power division. The firm has secured mid/long-term growth engines in the expanding global ESL market
The author is an analyst of NH Investment & Securities. They can be reached at jaemin.ahn@nhqv.com. -- Ed. Chances look high that SK Telecom will change its governance structure amid revisions to the Fair Trade Act. Given that any such change should be aimed at increasing overall EV (through enablin
Hyundai Motor Group has launched an eco-friendly power generation project using batteries collected from electric vehicles (EVs).The group announced on Jan. 10 that it will operate a 2 MWh energy storage system (ESS), which is built with recycled EV batteries, to store electricity generated by a sol
The Korea Basic Science Institute (KBSI) announced on Jan. 6 that its research team led by Dr. Kang Hyun-oh and Korea Advanced Institute of Science and Technology (KAIST) professor Park Chan-bum’s research team developed a nanocomposite capable of suppressing amyloid plaque formation.The nanocomposi
The author is an analyst of NH Investment & Securities. He can be reached at j.ko@nhqv.com. -- Ed. The rules of the game appear to be changing. As LG Electronics is beefing up its VS business in order to spur growth momentum, its future earnings growth is set to outpace the sector average. With LGE’
The authors are analysts of Shinhan Investment Corp. They can be reached at johnsoh@shinhan.com and chank@shinhan.com, respectively. -- Ed. Mini-LED TVs to become mainstream in 2021Samsung Electronics is gearing up to launch aggressive efforts to expand the foothold of mini-LED TVs vs. OLED TVs in t
The author is an analyst of NH Investment & Securities. He can be reached at j.ko@nhqv.com. -- Ed. Following lithium-ion batteries, solid-state batteries are anticipated to represent the next major phase of rechargeable battery technology. A number of firms are currently developing solid-state batte
The author is an analyst of NH Investment & Securities. He can be reached at dongyang.kim@nhqv.com. -- Ed. A third generation of leaders is at the forefront of management at LG Group, HMG, and Samsung Group. While three fair economy bills are likely to be passed at the 21st session of the National A
The author is an analyst of NH Investment & Securities. She can be reached at hzl.lee@nhqv.com. -- Ed. In 2021, we present ‘market expansion’ as the key phrase for the media/ad sector. In the media sector, the presence of Korean dramas (‘K-drama’) is to expand further, and the scope of ad sector bus
The author is an analyst of NH Investment & Securities. They can be reached at jaemin.ahn@nhqv.com. -- Ed. Covid-19 has facilitated the spread of Industry 4.0 throughout our daily lives. Today, many of us are truly living our lives online. Evolving from the O2O model, an online-oriented world is pre
LF's traditional casual brand Hazzys announced on Nov. 18 that it has recently opened a store in Ho Chi Minh City, Vietnam. The store is the brand’s second store in the city and fifth one in Vietnam. The company’s third store in the city is scheduled to open next month.The newly opened store is
The author is an analyst of NH Investment & Securities. He can be reached at jack.baek@nhqv.com. -- Ed. Consumption of PCs and household appliances is continuing to expand amid Covid-19. Thanks to rising user traffic and growing demand for general products such as gaming PCs and home training equipm
The author is an analyst of NH Investment & Securities. She can be reached at mj27@nhqv.com. -- Ed. Orion, CJCJ, Nongshim, Samyang Foods, Pulmuone, and KT&G are being aggressive in entering overseas marketsThe domestic F&B companies that are aggressive in entering overseas markets include Orion, CJC
Paradigm shiftInterest in the payment service sector is growing in line with higher non-cash and online payment amid Covid-19. While the spread of the virus is serving as a catalyst for online penetration in the payment market, we believe that a worldwide paradigm shift in the payment market has lon
The author is an analyst of NH Investment & Securities. They can be reached at jaemin.ahn@nhqv.com. -- Ed. SKT has enjoyed strong earnings growth as of late, driven by booming business at subsidiaries such as SK Broadband, 11st, ADT Caps, T-Map Mobility, and One Store. We expect the value of these p