Autonomous a2z, a member of the Venture Enterprise Association and an autonomous driving startup, disclosed on Nov. 27 that it has signed a memorandum of understanding with Horiba Mira from the U.K., focusing on future mobility.In October, Autonomous a2z successfully completed a Series B funding rou
Samsung Electronics has confirmed on Nov. 27 that they have completed the trademark registration for the terms “AI Smartphone” and “AI Phone” in connection with the launch of an artificial intelligence (AI) equipped smartphone next year. This registration was finalized on Nov. 24 with the European U
The Korean nuclear power industry has growing anticipation for exporting nuclear power plants to Europe.Korea and the United Kingdom signed nine memoranda of understanding (MOUs) on nuclear power cooperation on the occasion of Korean President Yoon Suk-yeol’s state visit to the United Kingdom on Nov
SK hynix is getting ready to debut “2.5D Fan-out” packaging as its next-generation memory semiconductor technology. Gaining confidence in the field of next-generation chip technology due to its successful performance in High Bandwidth Memory (HBM) this year, SK hynix seems to be accelerating its eff
A race to host the 2030 World Expo is coming down to the wire. The Bureau International des Expositions (BIE) will hold a general assembly in Paris, France, on Nov. 28 (local time) to select the host country for the 2030 World Expo.Korea started its bid about one year later than its rivals such as S
With Chinese authorities set to begin controlling graphite exports, a key raw material for anode materials for batteries, in December, they held an event with Korean companies only to explain how they will enforce their export control policy.This was the first time China, which has played the weapon
SK bioscience, an innovative vaccine and biotech company committed to promoting human health from prevention to cure, announced that the company has entered into a development licensing agreement with Hilleman Laboratories, a vaccines and biologics research and development organization committed to
The author is an analyst for NH Investment & Securities. He can be reached at pk.park@nhqv.com -- Ed.When will global bio indices bottom out? Even if the rankings of the two largest pharmas have changed amid robust sales growth, the S&P500 Healthcare Index has continued to slide this year. We view t
Prosecutors have embarked on a search and seizure operation targeting the CEO of Hyundai AutoEver and others.The Fair Trade Investigation Division of the Seoul Central District Prosecutors’ Office announced that they have been conducting search and seizure operations at a total of four locations, in
The International Monetary Fund (IMF) has warned the Korean economy that it will fall in a low-growth slump for the next five years if it does not take proper steps to reform its structure now.According to an analysis of the IMF’s recently released annual report on Korea, the country’s gross domesti
FILA Holdings announced its third-quarter results and a special dividend through public disclosure on Nov. 14.The company’s consolidated revenue reached 990.19 billion won and its operating profit stood at 92.56 billion won, supported by subsidiary Acushnet’s robust sales. The FILA brand’s group-wid
The author is an analyst for NH Investment & Securities. He can be reached at pk.park@nhqv.com -- Ed.In November, the number of DeepCARS installed in general hospitals exceeded the expectation level of 55. Penetration into 65 hospitals (11 tertiary hospitals) is expected within the year. We see 4Q23
The Korean government has withdrawn its controversial proposal to revise working hours to a maximum of 69 hours a week and will maintain the current 52-hour workweek while providing improvement measures for some industries and occupations.The Ministry of Employment and Labor announced the results of
La French Tech Seoul, in collaboration with the French-Korean Chamber of Commerce and Industry (FKCCI), successfully concluded the Tech4Good Tour 2023 in Seoul on the 10th, following a week-long exploration of the Korean market with a delegation of innovative startups and SMEs from France. The trans
SK on is actively tapping the year-end financial market to secure investment funds for its battery ventures. Following its debut in the public offering corporate bond market earlier this year, the company is now actively utilizing the short-term corporate paper (CP) market for fundraising.According
HYOSUNG TNC has significantly advanced, obtaining an AA rating in the Morgan Stanley Capital International (MSCI) Environmental, Social, and Governance (ESG) assessment, a notable improvement from its previous position.The MSCI ESG Ratings are a globally acknowledged benchmark used by leading corpor
Hana Bank announced its achievement in winning the “Best Private Bank in Korea" award for 2023 at the 15th Global Private Banking Awards co-hosted by global financial publications The Banker and Professional Wealth Management (PWM). This marks the bank’s 11th win since first receiving the award in 2
SK Group Chairman Chey Tae-won recently commented on his relationship with ex-wife No So-young, the director of Art Center Nabi, stating, “Our marital relationship had completely collapsed well before I met someone new. For years, we were only nominally a couple, living as strangers with nothing but
On the 13th, Animal Industry Data Korea (AIDKOREA) announced its participation as a validating institution in the 'Economic Impact Study of Antibiotic Resistance' project conducted by the World Organization for Animal Health (WOAH), aiming to represent data on antibiotic resistance issues that affec
Hyundai Motor Group came in second after Tesla in the first three quarters of this year as the number of electric vehicle (EV) registrations in the United States surged despite concerns over slowing demand for EVs.According to a report by Automotive News Nov. 12, a U.S. automotive publication, the n