The author is an analyst of NH Investment & Securities. He can be reached at dongyang.kim@nhqv.com. -- Ed. In 2021, Samsung C&T should enjoy strong earnings momentum on: 1) continued stable earnings at its construction division thanks to captive clients; and 2) likely greater earnings contributions
Samyang Foods announced on Oct. 26 that it will set up an audit committee composed entirely of outsiders to ensure independence and strengthen the supervision of the company's operations and accounting.The plan is a response to an embezzlement case involving the company’s founder family."It is a
The author is an analyst of NH Investment & Securities. He can be reached at dongyang.kim@nhqv.com. -- Ed. Having completely untangled its circular shareholding web in 2018, the Samsung Group is in compliance with governance structure laws. But, issues remain to be addressed. Currently, Samsung C&T,
The author is an analyst of NH Investment & Securities. He can be reached at dongyang.kim@nhqv.com. -- Ed. Stock inheritance estimated at W18.2tn; inheritance tax projected at W10.6tnThe late chairman GH Lee owned a 4.2% stake in SEC, a 2.9% stake in Samsung C&T, and a 0.01% stake in Samsung SDS, an
The author is an analyst of NH Investment & Securities. He can be reached at dongyang.kim@nhqv.com. -- Ed. Samsung Group’s ‘third generation management’ era is officially underway. Despite its mix of industrial capital and financial capital, the group’s governance structure is in compliance with gov
A number of well-known franchise restaurants have been taken over by foreign PEFs for the past 10 years. Nolbu is the first South Korean franchise chain established by an individual. Established in 1987, the Korean restaurant chain was acquired by Morgan Stanley PE in 2011. The 100 billion won deal
Hyundai Motor Group is preparing a corporate governance reform as its complex governance structure needs to be better organized for its new chairman Chung Eui-sun’s stable control and succession. At present, the chairman owns 2.62 percent of Hyundai Motor Co., 1.74 percent of Kia Motors, 23.29 perce
The author is chief technology officer, EVP & head of Mobile R&D Office, Mobile Communications Business, Samsung Electronics. -- Ed. At Samsung, we constantly push boundaries to bring consumers groundbreaking new mobile experiences that address their needs and enrich their lives. Our long history of
Democratic Party of Korea lawmaker Byun Jae-il remarked on Oct. 8 that YouTube is discriminating against South Korea with regard to the YouTube Premium family membership.At present, YouTube Premium in South Korea is priced at 10,450 won and 14,000 won a month for Android phone and iPhone users, resp
The author is an analyst of Shinhan Investment Corp. He can be reached at shawn1225@shinhan.com. -- Ed. Strong in ETC market with Korea’s first hypertension drug KanarbBoryung Pharmaceutical stands out vs. other, generic drug-focused mid-tier pharmaceuticals in the domestic market, backed by its com
The author is an analyst of KB Securities. She can be reached at shinay.park@kbfg.com. -- Ed. September SSSG outlook: Hypermarket brisk, Department Store/Convenience Store hit by social-distancing measuresSeptember 2020 had two fewer weekend days/holidays than September 2019 because the Chuseok holi
The Seoul Administrative Court ruled on Sept. 11 that Samsung Electronics and LG Display are responsible for the death of their former employee who died of lung cancer after working four and a half years at the former’s semiconductor plant in Hwaseong and then seven years at the latter’s LCD plant i
Dulwich College Seoul saw students return to classrooms for the 2020-21 school year under the leadership of new Head of College Gudmundur Hegner Jonsson.Jonsson, who is the third head of college of the international school, has demonstrated leadership in education in Europe, Asia, the Middle East, a
Daewoong Pharmaceutical announced the results of a phase 2 clinical trial of SGLT-2 diabetes treatment Enavogliflozin at the 2020 International Conference on Diabetes and Metabolism (ICDM) which was held from Sept. 18-19.The ICDM was hosted by the Korean Diabetes Association. It marked its 10th anni
SK Engineering & Construction (E&C) announced on Sept. 16 that it has opened "Home Internet of Health Things LAB" in Gangnam-gu, Seoul, in cooperation with InBody, the world's No. 1 company in body composition analysis.The new lab showcases a future-oriented residential environment. The lab intr
SK Telecom and Microsoft launched on Sept. 16 "SKT 5GX Cloud Game" powered by Xbox Game Pass Ultimate in Korea, making the country the first Asian market to offer Xbox’s cloud gaming service.‘SKT 5GX Cloud Game’ powered by Xbox Game Pass Ultimate, is a subscription service that allows users to play
Kia Motors has won a staggering four prizes at the annual Car of the Year Russia awards, with accolades for the Kia Picanto, Ceed, Seltos and Stinger.The Car of the Year Russia awards is the most prestigious automotive award ceremony in the Russian automotive calendar. Held every year since its esta
Boryung Pharmaceutical's new high blood pressure drug Tubero (a composite drug for dyslipidemia), which belongs to the company’s Kanarb family of hypertension drugs, made its debut in the Mexican market on Sept. 11 (Korea time).Tubero is Boryung’s fourth product to be introduced in Mexico, follo
Coupang, Korea’s leading online retailer, announced on Sept. 15 it has appointed Kim Ki-ryung, one of the most renowned human resources strategists in Korea, as its new vice president in charge of leading the company’s HR Center of Excellence (CoE). Kim adds over 20 years of executive HR experience
Hyundai Motor Co. has designed the Hyundai Soapbox ride which parents can build together with their children and groups of friends can create.The soapbox was developed by engineers and designers from the Hyundai Motor Europe Technical Center (HMETC) using affordable and easily-available materials. I