Korea’s battery industry is rapidly advancing its technological development towards the commercialization of solid-state batteries, the next generation of cells. By replacing the liquid electrolytes traditionally used between the cathode and anode with solid materials, these batteries promise unpara
Samsung Electronics is joining hands with Jim Keller, often referred to as the “legend of semiconductor design,” and his company Tenstorrent, to produce advanced AI semiconductors at its Taylor Foundry in the United States. The move signifies Samsung’s accelerated efforts to collaborate with both do
South Korea’s three battery manufacturers – LG Energy Solution, SK on, and Samsung SDI – continue to experience rapid growth. As of the end of September this year, it is projected that the cumulative order value achieved by these three companies will exceed 1 quadrillion won.According to industry re
The author is an analyst for NH Investment & Securities. He can be reached at seungyeon.han@nhqv.com -- Ed.On Sep 26, the share price of HanAll Biopharma partner Immunovant jumped by over 97% on surprise interim data from the IMVT-1402 phase I trial. Encouraging results were reported in terms of bot
Ford has decided to suspend the construction of an automotive battery plant in Michigan with Chinese battery maker CATL. Strong opposition from U.S. lawmakers to Chinese companies building battery production facilities in the United States to circumvent the U.S. Inflation Reduction Act (IRA) is the
The Korea Communications Commission (KCC) announced that it has initiated a fact-finding investigation to confirm the violation of the Telecommunications Business Act by Naver’s news service starting from Sept. 25.Since July 5, the KCC has been conducting a factual investigation to determine whether
On Sept. 25, Daewon Pharmaceutical announced that its 12th domestic new drug, a non-steroidal anti-inflammatory drug (NSAID) named Pelubi CR Tablet, will enter the Indonesian market.Daewon Pharmaceutical has signed an exclusive export supply contract for the finished product of Pelubi CR Tablet with
LG Electronics will release the LG Gram Fold (17X90R), Korea’s first foldable screen laptop.“The LG Gram Fold captures the technology and design innovation of the LG Gram, an ultra-lightweight and premium laptop brand of LG. The LG Gram brand celebrates its 10th anniversary this year,” LG Electronic
South Korea’s battery industry is on high alert due to the potential designation of companies as “Foreign Entities of Concern” (FEOC) by the United States. If Chinese companies that supply raw materials and substances to Korean firms get listed as FEOCs, it could hinder these firms from receiving th
LG Display announced on Sept. 24 that it has entered mass production of its 17-inch foldable OLED designed for laptops. This product is set to be incorporated into HP’s recently showcased foldable laptop.The panel leverages LG Display’s distinctive technology, the tandem OLED structure, previously a
On Sept. 20, President Yoon Suk-yeol proposed the formation of a “Carbon Free Alliance” to the international community during the United Nations General Assembly held in New York. This proposal includes bringing forward Carbon-Free Energy (CFE), which encompasses nuclear power and hydrogen energy, a
In the first half of this year, China’s CATL has seized a market share close to 33% in the global electric vehicle battery market, surpassing the combined market share of the top three South Korean battery manufacturers.According to energy market research firm SNE Research, global battery sales for
Huawei Connect 2023 kicked off in Shanghai today, bringing together business leaders, tech experts, partners, developers, and industry stakeholders from around the world to explore new opportunities for an intelligent future.At the event, Sabrina Meng, Huawei's Deputy Chairwoman, Rotating Chairwoman
Concerns are growing among domestic businesses as former U.S. President Donald Trump has pledged to nullify President Joe Biden’s electric vehicle transition policy if elected in the 2024 presidential election.Former U.S. President Donald Trump recently criticized President Biden’s electric vehicle
Hanwha Ocean announced on Sept. 21 that they recently signed a Joint Industry Project (JIP) agreement with Greece’s Ecolog, the American ship classification entity ABS, and Scotland’s Babcock LGE to develop a 40,000㎥ class large liquefied carbon dioxide (LCO2) carrier vessel. Through this agreement,
Park Hyatt Seoul is pleased to introduce a luxury suite offer, ensuring guests experience even greater benefits during their extended stay. For stays of 3 nights or more, guests can enjoy up to a 25% discount on Park Suites. This offer also includes a 10% discount at hotel restaurants (Cornerstone,
The author is an analyst for NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com -- Ed.LGD’s 3Q23 results are likely to fall short of consensus due to a drop in sales volume amid panel approval delays from clients. However, thanks to recent client approval, we believe that 4Q23 profi
LG Electronics and Samsung Electronics have been recognized by American consumers as the most satisfactory brands in the TV, home appliance, and PC sectors. However, the brand satisfaction of Chinese manufacturers has seen a rapid rise recently, reducing the gap with these market leaders.According t
SK pharmteco continues its trajectory to become the leading multi-modality CDMO by announcing it is acquiring a controlling interest in Philadelphia-based cell and gene therapy CDMO Center for Breakthrough Medicines (CBM), a move that will expand SK pharmteco’s technical expertise, production capaci
LG Electronics aims to increase the installation count of its webOS, the operating system that powers LG Smart TVs, from the current 200 million to 300 million by 2026 worldwide. In line with this, the company will invest 1 trillion won over the next five years in content and services to transition