South Korea’s exports rose nearly 8 percent in November, marking the second month of growth after October. According to November import and export trends released by the Ministry of Trade, Industry and Energy (MOTIE) on Dec. 1, exports reached US$55.8 billion last month, up 7.8 percent from the same
Samsung Electronics has reportedly incurred costs amounting to about 9 trillion won for chip purchases from global application processor (AP) manufacturers, including Qualcomm and MediaTek. The analysis suggests that the exclusion of Samsung’s in-house AP, Exynos, from key products due to performanc
The author is an analyst for NH Investment & Securities. He can be reached at esshim@nhqv.com -- Ed.After a large stake selloff by a strategic collaborative client, Suresofttech’s share price has slid amid worsened investor sentiment. But, we expect the collaboration to continue, with steady earning
Sport utility vehicles (SUVs) are dominating the Korean new car market this year. More than six out of 10 new models sold this year were SUVs.A total of 767,979 SUVs, including recreational vehicles (RVs) such as minivans, were sold in Korea from January to October this year, according to industry s
As Nvidia, a leading company in artificial intelligence (AI) chips, is to shorten its new product release cycle to one year, SK hynix is expected to continue its dominance in the High Bandwidth Memory (HBM) market. SK hynix has made strides in the HBM market and it is likely to surpass 10 trillion w
STX announced on Nov. 30 that the drilling exploration results for prioritizing production areas in the Sulawesi nickel mine, where it secured a 20% stake last August, revealed a saprolite layer with a nickel content of 1.6%.Nickel ore with a pure nickel content of over 1.6% after impurity removal i
Amid the continued positive trend in automotive exports, the export amount index has turned upward for the first time in 13 months, riding on the recovery in the semiconductor market. Due to the decline in international oil prices, the import amount index has experienced eight consecutive months of
As High Bandwidth Memory (HBM), essential for powering generative AI, emerges as the main battleground in the next generation of memory semiconductors, fierce competition is brewing between Samsung Electronics and Micron to snatch the Nvidia orders currently monopolized by SK hynix.On Nov. 28, the T
L&F has decided to make a significant new investment of 2.55 trillion won (US$1.96 billion) in Daegu in response to surging global demand. This move comes as Chinese battery materials face constraints in the global market following the implementation of the Inflation Reduction Act (IRA) in the Unite
China has overtaken Germany as the top exporter of electric vehicles (EVs) to Korea.Korea’s imports of Chinese EVs totaled US$172 million in October, according to the Korea International Trade Association (KITA). That’s more than double the amount of Korea’s German EV imports (US$70 million). This i
Jusung Engineering, a semiconductor, display, and solar equipment company, has carved a mythical path in the barren land of domestic ventures. This year marks its 30th anniversary. Established in 1993, the company has experienced various challenges but has achieved remarkable growth through continuo
An analysis has emerged suggesting that the Morgan Stanley Capital International (MSCI) Korea Index is poised to experience a 20 percent increase in the coming year.On Nov. 26, Bloomberg Intelligence (BI), a research institution under Bloomberg, projected a 58 percent increase in the total earnings
As the Hong Kong Hang Seng China Index (HSCEI) has experienced a sharp decline, it has led to substantial capital losses of over 40 percent in Equity Linked Securities (ELS) products based on this index. In response to the significant risks in the trillions of won facing HSCEI-linked ELS, the Financ
The acquisition battle for South Korea’s largest shipping company HMM has narrowed to a competition between Dongwon Group and Harim Group.According to investment banking (IB) sources on Nov. 23, HMM’s bondholders, including Korea Development Bank (KDB), Korea Ocean Business Corporation, and the sell
The CEO of EOFlow, Kim Jae-jin, who is the largest shareholder, had 664,000 of his shares sold on the stock market due to debt recovery measures taken by financial institutions.The proceeds from the sale were entirely utilized to repay the principal of CEO Kim Jae-jin’s stock collateral loan. With t
Market research firm Omdia’s latest analysis revealed that SK hynix has reached a market share of 35% in the DRAM sector for the third quarter. With the increasing importance of High Bandwidth Memory (HBM) in the AI era, a shift towards a quality-centric winner-takes-all structure in the DRAM indust
With a short-term external debt ratio reaching a historically low level in the third quarter of this year, South Korea’s ability to meet external obligations is demonstrated by an increase of US$21.4 billion in net external financial assets in just one quarter. This is because debts decreased more s
Despite a global economic slowdown, Samsung Electronics and LG Electronics have maintained their lead in the global TV market. Both companies especially showed strong competitiveness in the high-end premium TV segment.According to the market research firm Omdia on Nov. 21, Samsung Electronics record
Korea’s real gross domestic product (GDP) is expected to rise by 2.0 percent next year from this year, according to the state-run Korea Institute for Industrial Economics and Trade (KIET) in its 2024 Economic and Industrial Outlook report released on Nov. 20. The relatively conservative forecast is
The value of the Japanese yen is nearing its lowest point in 33 years, emerging as a hidden challenge for South Korea’s industrial sector. Key industries such as steel, automotive, and electronic components, which directly compete with Japanese counterparts, are facing weakened price competitiveness