KT announced on Dec. 8 that it will invest US$5 million in series A financing of NeuroSigma, a U.S. electronic drug developer.KT signed a business agreement with NeuroSigma in June and began cooperation in product development and commercialization in the field of electronic medicine. With this equit
The Ministry of Science and ICT held Grand Cloud Conference 2021 on Dec. 8. There, the ministry and cloud companies shared their achievements and discussed their future.At the conference, the ministry said that its third cloud industry roadmap would be implemented next year and the roadmap would foc
The Information, a U.S. website that offers in-depth technology stories, reported on Dec. 7 that Apple signed a US$275 billion secret contract with China five years ago for its business in China.According to the report, CEO Tim Cook repeatedly visited China in 2016 in order to neutralize its regulat
The authors are analysts of Shinhan Investment Corp. They can be reached at doyeon@shinhan.com and hyon@shinhan.com, respectively. – Ed. Awaiting momentum call to follow valuation callSemiconductor stocks tend to rise on valuation call when there are no more negatives and on momentum call when there
The importance of software is continuing to increase in the automotive industry with the development of electric vehicles, autonomous driving and connected cars. Multiple hardware components and controllers used in internal combustion engine vehicles are being replaced with integrated software. For
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed. DRAM prices in 4Q21 to be stronger than expected We maintain BUY and TP of KRW100,000 on SEC. We remain optimistic about the company because DRAM prices and shipment negotiations have progressed without any maj
SK Telecom announced on Nov. 23 (U.K. local time) that it has been crowned "operator of the year" at the Global Telecom Awards for the third consecutive time. The company has been chosen as the winner in the Best Operator category of for telecom industry's most prestigious awards event, which wa
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed. DRAM prices expected to bottom out in 1Q22— On Nov 23, SEC stock hit KRW75,300 amid a three-day rally, but it is still down 9.3% YTD (KRW83,000 on Jan 4). We believe DRAM prices will bottom out in 1Q22 because
Samsung Electronics vice chairman Lee Jae-yong met with Google CEO Sundar Pichai on Nov. 22 (U.S. local time) and discussed cooperation in new technologies, including system semiconductors, virtual reality, augmented reality and autonomous driving.Google is planning to use an application processor (
The author is a freelance journalist and Google News PR specialist. She can be reached at virginia.sagal.media@gmail.com. -- Ed. According to research, the American business sector may be assumed to be backed by a significant powerful Asian economic force, with Asian-owned businesses making up appro
Samsung Electronics vice chairman Lee Jae-yong, who is on a business trip to the United States, met with senior White House officials and U.S. Congressmen to discuss semiconductor supply chain issues.In addition, Lee met with executives of Microsoft (MS) and Amazon to discuss cooperation in such fie
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed. Telecom companies are changing at an ever faster pace. Rapidly evolving on ventures into and growth within new business arenas, industry players merit expectations towards EV re-rating.Although s
Artist management startup ARTSCLOUD, which supports artists’ sustainable art activities, will hold the 1st Digital Art Fair Artist Award until Nov. 30. This award is organized for innovative artists who cross various boundaries of art through digital work.All domestic and foreign individuals or grou
The author is an analyst of NH Investment & Securities. He can be reached at dongyang.kim@nhqv.com. -- Ed. Upon completion of the LG-LX equity swap between major shareholders (the last step in separating LG-LX affiliates), LG Corp should be freed from undervaluation woes stemming from overhang conce
bitsensing, a Korean imaging radar company, announced on Nov. 10 that it has been named a CES 2022 Innovation Awards Honoree for its AIR 4D, in the Vehicle Intelligence & Transportation category. This year’s CES Innovation Awards program received a record high number of over 1,800 submissions. The a
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed. NHN’s game division, which currently centers upon web-board games, recently announced plans for an expansion into the NFT market. Armed with a wide array of technologies in the areas of cloud, co
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed. KT is cruising on tailwinds, characterized by: 1) stable growth at its telecom business alongside expanding 5G market penetration; and 2) meaningful earnings performances at its growth businesses
The author is an analyst of KB Securities. He can be reached at joonsop.analyst@kbfg.com. -- Ed. 3Q21 earnings beat market consensus on strong AI/DX business— KT reported 3Q21 preliminary earnings with consolidated revenue of KRW6.22tn (+3.6% YoY), OP of KRW382.4bn (+30.0% YoY) and NP (to control. i
Nvidia has become the largest semiconductor company in the world by beating TSMC. These days, the company is expanding its business to cover artificial intelligence chips and so on. Meanwhile, TSMC is in the middle of intense competition in the global foundry market and smartphone manufacturers’ ord
The author is an analyst of NH Investment & Securities. He can be reached at dongyang.kim@nhqv.com. -- Ed. Backed by an accelerating digital transformation, the mid/long-term growth potential of Samsung SDS’s strategic IT service business continues to stand out. Moving ahead, we expect further non-c