The author is an analyst of NH Investment & Securities. She can be reached at jiyoony@nhqv.com. -- Ed. IB Kimyoung is to book stable earnings at the college transfer division thanks to: 1) an increase in the number of transfer slots at the police college and pharmacy and medical colleges for the 202
The author is an analyst of NH Investment & Securities. She can be reached at jiyoony@nhqv.com. -- Ed. Despite peak seasonality for its high school division, Digital Daesung’s 3Q22 profits should prove weak owing to rising costs for its elementary & middle school division. Considering a lack of shor
The author is an analyst of NH Investment & Securities. She can be reached at jiyoony@nhqv.com. -- Ed. Major education companies enjoy strong economic moatWe maintain a Positive rating on the domestic education industry.1) Solid market share enjoyed by existing education companies should serve as a
The authors are analysts of Shinhan Investment Corp. They can be reached at idh@shinhan.com and jiunmyoung@shinhan.com, respectively. -- Ed. Takeaways from DX Korea 2022Defense Expo Korea (DX Korea) is a platform for land forces equipment exhibition. This year marks the fifth biennial event since it
The author is an analyst of NH Investment & Securities. He can be reached at jack.baek@nhqv.com. -- Ed. Earnings at Kooksoondang have continued to improve thanks to price hikes for Makgeolli and Baekseju products. Once the government’s deregulation measures (regarding inclusion of Makgeolli as a tra
LG Energy Solution (LGES) has signed separate partnership agreements with three major critical mineral suppliers in Canada -- Snow Lake Resources Ltd., Electra Battery Materials Corp. and Avalon Advanced Materials Inc.In a ceremony held on Sept. 22 (EST) in Toronto, Canada, LGES signed a binding ter
For SK Group chairman Chey Tae-won, the scariest thing about the growing uncertainty due to the U.S.-China conflict is "anxiety and the unknown.""No matter what scenario happens, at least finding a way to survive is the most important virtue for us right now," Chey said during a meeting with Korean
LG Energy Solution plans to mass-produce pouch-type batteries using a cell-to-pack (CTP) approach from 2025.Earlier, CATL announced that it would apply CTP technology to lithium iron phosphate (LFP) batteries next year to produce a product that can power an electric vehicle to run 1,000 km on a sing
SoftBank Group founder and CEO Masayoshi Son plans to meet with Samsung Electronics vice chairman Lee Jae-yong to discuss a potential strategic alliance between the South Korean tech giant and ARM, a U.K.-based chip designer owned by SoftBank."I'd like to talk with Samsung Electronics about a st
The Bank of Korea announced on Sept. 22 that South Korea’s housing price rose 25.5 percent from January 2020 to May this year and the rate of increase is the 15th-highest in the OECD.“When it comes to the pace of increase in housing price-to-income ratio, South Korea is third-highest among 33 countr
The ongoing rapid depreciation of the South Korean currency is predicted to affect the top four South Korean business groups’ U.S. investment plans released before and after President Joe Biden’s visit in May.The planned investments add up to at least US$56 billion. For example, Samsung Electronics
The Fed’s interest rate policy jolted South Korean financial markets again. On Sept. 22, the won-dollar exchange rate surged from 1,394.2 won to 1,409.7 won to top 1,400 won for the first time since March 20, 2009. This is the third time in history that the rate topped that level.The exchange rate m
The Ministry of SMEs and Startups hosted the Korea-U.S. Startup Summit in New York on Sept. 20 and 21. There, the ministry, RPS Ventures, Millennium Technology Value Partners and Applied Ventures agreed to raise a startup fund together.The 280 billion won fund is to help South Korean startups enter
A survey has found that three German automakers -- BMW Korea, Mercedes-Benz, and Volkswagen Korea -- had the highest number of recalls over the past five years from 2018 to August 2022.BMW Korea topped the list with 2,702 recalls during this period, according to Rep. Park Sang-hyuk of the Democratic
A growing number of North American political and business leaders are visiting South Korea, either to attract Korean companies’ factories to their regions or to overcome supply chain disruptions in cooperation with Korean partners.Since the U.S. Inflation Reduction Act (IRA) took effect on Oct. 16,
LG Display participated in Innotrans 2022, the world’s largest railway technology fair which is held in Berlin, Germany, from Sept. 20-23. During the fair, the Korean display giant showcases transparent OLED solutions for railways, which provide new boarding experiences for customers.Innotrans is an
Democratic Party of Korea lawmaker Park Young-soon remarked on Sept. 21 that a total of 2,922 trademark infringements occurred in China in 2021.“The number was 977 in 2017 and rose to 1,666 in 2018 and 3,457 in 2020,” he said, adding, “It was 1,486 in 2019 and 1,436 in the first half of this year.”A
Credit Suisse said in its Global Wealth Report 2022 that the number of persons with assets of at least US$50 million was largest in the United States last year, followed by China, Germany, Canada, India, Japan, France, Australia, the United Kingdom, Italy and South Korea.According to the report, the
Selling of U.S. Treasury bonds is increasing worldwide. The amount already exceeded US$200 billion this year and major countries’ current U.S. Treasury holdings are close to the 2018 level. For example, the net selling by Japan and China, the two biggest holders, is US$69.7 billion and US$98.7 billi
Hwang Ju-ho, president of Korea Hydro & Nuclear Power (KHNP) visited the Czech Republic and Poland on Sept. 19 and 20, one month after his inauguration.President Hwang met with Josef Sikela, Czech minister of industry and trade, and Bohdan Zronek, director of CEZ Group's Nuclear Energy Division