Hyundai Rotem is accelerating its moves to receive railway vehicle orders with the export of its K2 tank. In the first half of this year, the company received the largest-ever amount (worth 3 trillion won) of orders including an order for railway trains for Australia. In Korea, it will make the firs
LG Electronics is releasing washing machines and dryers that can install and uninstall apps just like a smartphone. The company, which has previously focused on producing quality hardware products, plans to expand its business to include services and subscriptions that utilize these products.Ryu Jae
Recently, the glass door of a washer produced by LG Electronics that was purchased only a month previous suddenly exploded into pieces. Since 2022, there have been a series of accidents involving the breakage of tempered glass attached to washing machines, raising concerns among consumers.According
OLED panels are expected to surpass 50 percent adoption in smartphone displays for the first time this year.According to industry sources on July 20, OLED displays have overtaken LCDs as a dominant display ecosystem and are expanding their applications. Consumers have become pickier as they encounte
The author is an analyst for Shinhan Securities. He can be reached at sanghoonpure.cho@shinhan.com -- Ed.Defensive plays lack luster in unfavorable external conditionsOver the past two years, key investment points for the food/beverage sector have been price hikes, grain price declines, and the subs
The author is an analyst for Shinhan Securities. He can be reached at jk.ahn@shinhan.com -- Ed.July MPB meeting confirms BOK is in a bind, unable to raise or cut ratesThe Bank of Korea (BOK) unanimously decided to keep the base rate unchanged at 3.50% at the July Monetary Policy Board (MPB) meeting.
“Huawei is willing to share cutting-edge innovations in the form of patents with the world,” said the company’s Chief Legal Officer, Song Liuping, who added, “These will support the common, sustainable development of industries globally.”His remarks were made at Huawei’s annual flagship event on inn
The author is an analyst for Shinhan Securities. She can be reached at inhae.ji@shinhan.com -- Ed.Leading indicator of media sector turnaroundWe note that the upturn in share prices of domestic media plays including production studios is closely linked to the recovery of ad market conditions at home
The Organization for Economic Cooperation and Development (OECD) has decided to delay Pillar One of a global digital tax, which will require multinational companies such as Google, Apple and Samsung Electronics to pay taxes in countries where they actually generate sales, by one year from 2024 to 20
The author is an analyst for Shinhan Securities. He can be reached at jk.ahn@shinhan.com -- Ed.Lowered expectations for US rate cuts, strong external headwinds for 3Q23US Treasury yields are unlikely to move lower in 3Q. The Silicon Valley Bank crisis and the ensuing financial market unrest that tri
A three-dimensional (3D) bioprinting technology capable of eliminating cancer cells using the function of immune cells has been developed for the first time in the world.Through joint research with the Korea Institute of Machinery and Materials (President Sang Jin Park, hereinafter referred to as KI
The Semiconductor Fabless Alliance, involving semiconductor demand companies and supply companies, has been established. The objective of the alliance is to promote synergy among enterprises and strengthen industrial competitiveness by developing semiconductors based on domestic finished products th
The author is an analyst for NH Investment & Securities. She can be reached at jiyoony@nhqv.com -- Ed.We expect FILA Holdings to report consensus-missing 2Q23 results, affected by widening losses at the US business. Although design commissions and royalties should remain stable, we trim our earnings
The Korean government will push for an amendment to an executive decree to allow foreign companies to receive cash support for alternative investments other than investments in the construction of new factories or the expansion of existing factories and the creation of jobs. General Motors (GM) and
The following article was written by James Tosdevin, a teacher and the Senior School Global Citizenship and Sustainability Lead at Dulwich College Seoul.From one extreme weather event to another, we are constantly reminded that the climate crisis is real and that we need to act immediately. One of h
LS ELECTRIC is establishing its first North American production base in the state of Texas in the U.S. This move comes as demand for distribution systems, an essential power infrastructure for factories, is rapidly increasing. This is due to Korean companies in the semiconductor, automobile, seconda
Samsung Electronics, which has been focusing on the automotive semiconductor market, has announced its entry into the next-generation power semiconductor market. Accordingly, industry insiders are paying attention to whether the era of silicon semiconductors will come to an end and the market for ne
Coway Co., Ltd., the “Best Life Solution Company,” has once again received recognition as one of South Korea’s “Best Korea Brands 2023” by Interbrand, a global brand consultancy. This achievement marks the company's 9th consecutive year of being included among South Korea's top brands.Every
The author is an analyst for Shinhan Securities. He can be reached at wonyong.sim@shinhan.com -- Ed.2Q23 preview: Sales estimated at KRW31.8bnOnejoon is expected to have generated sales of KRW31.8bn (+672% YoY) and operating profit of KRW2.3bn (positive swing YoY) in 2Q23. The order received in June
Chairman Koo Kwang-mo of LG Group, Vice Chairman Kim Dong-kwan of Hanwha, and Chairman Koo Ja-yeon of LS are among the conglomerate heads accompanying President Yoon Suk-yeol on his visit to Europe. Chairman Lee Jae-yong of Samsung Electronics, Chairman Chey Tae-won of SK Group, and Chairman Chung E