Pulmuone USA announced on Nov. 15 the expansion of its fresh noodle production line at its facility in Gilroy, California, initiating full-scale operations early last month. This enhancement enables an annual production capacity of 24 million packs (based on 190 g per pack) of fresh noodles, a move
The author is an analyst for NH Investment & Securities. He can be reached at minjae.lee@nhqv.com -- Ed.IS Dongseo’s 3Q23 results beat our estimates and consensus. A decrease in sales at the housing business is inevitable on the completion of major projects. Share price differentiation continues ver
The author is an analyst for NH Investment & Securities. He can be reached at soohong.cho@nhqv.com -- Ed.In 2024, global automotive demand should continue to recover, but growth momentum is set to slow y-y. Although demand has yet to return to pre-pandemic levels (95mn units), a significant portion
American fabless semiconductor company NVIDIA has unveiled its latest Artificial Intelligence (AI) accelerator, the “H200.” The H200 is distinguished by its performance, offering approximately double the data processing speed and capacity compared to its predecessor. The extensive application of the
The Ministry of Trade, Industry and Energy announced on Nov. 14 that last month’s exports in the Information and Communication Technology (ICT) sector amounted to US$17.06 billion, while imports recorded US$12.61 billion, resulting in a provisional trade surplus of US$4.44 billion.Notably, the incre
Amid the global economic downturn and challenges such as weakened demand for petrochemical products as well as increased self-sufficiency in China, which is the largest market for domestic companies, the South Korean petrochemical industry is accelerating business restructuring.According to Korea Cr
The domestic shipbuilding industry, which secured the top position in global orders last month, continues to receive new orders this month.HD Korea Shipbuilding & Offshore announced on Nov. 14 that its subsidiary, HD Hyundai Heavy Industries, has recently signed a construction contract worth a total
President Yoon Seok-yeol has announced a prohibition on short selling until fundamental reform measures are established.During his address at the Cabinet meeting held at the Blue House in Yongsan on Nov. 14, President Yoon Seok-yeol stated, “To prevent further damage, we will prohibit short selling
The author is an analyst for NH Investment & Securities. She can be reached at hzl.lee@nhqv.com -- Ed.YG Ent posted consensus-meeting 3Q23 results. Viewing the firm’s current share price as already fully reflecting concerns toward an entertainment firm, we advise investors to focus on outweighing up
After HD HHI won a provisional contract to build 17 liquefied natural gas (LNG) carriers from Qatar Energy in October, renegotiations kicked off between the two companies to discuss heightening specifications.Qatar Energy has recently started renegotiations with HD HHI to build 17 LNG carriers with
In anticipation of the scheduled launch of a bitcoin spot exchange-traded fund (ETF) early next year, institutional investors have been actively engaging in trading, according to recent analysis.Korbit Research Center under the domestic cryptocurrency exchange Korbit revealed this information throug
Apple is expected to boost LG Display’s performance by increasing the adoption of organic light emitting diode (OLED) displays.According to market research firm Omdia on Nov. 12, Apple is planning to incorporate OLED panels in its upcoming 11-inch and 12.9-inch iPad Pro models. They are expected to
As orders for tankers increase in the global shipbuilding market, South Korean shipbuilders are being watched closely as they leverage their eco-friendly technological capabilities to expand their global influence, competing against China, which emphasizes quick delivery and lower prices.According t
The author is an analyst for NH Investment & Securities. He can be reached at pk.park@nhqv.com -- Ed.Sales at Dentium slowed in 3Q23 amid economic downturn in China and logistics issues in Russia. Although revenue growth should rebound in major regions in 4Q23 (a peak season), ultimately, the result
The Financial Services Commission (FSC) has announced that it will also explore the possibility of prohibiting short selling by market makers and liquidity providers, a move seemingly influenced by the resistance from some individual investors. There are concerns that trading difficulties and price
The upward trend in memory prices, starting with DRAM, is now extending to NAND Flash. The combination of production cuts and recovering demand has led to a successful turnaround. There are expectations that the pace of improvement in the performance of Samsung Electronics and SK hynix will accelera
SK hynix is set to allocate approximately 10 trillion won for facility investments next year, marking growth of around 50 percent compared to this year. The move is a proactive response to the “semiconductor winter” and aims to maintain a leadership position in the advanced semiconductor market, inc
NuScale Power’s Utah Power Plant Project, a small modular reactor (SMR) business that garnered attention as the first of its kind in the United States, has been halted due to cost issues. Major domestic companies, including Doosan Enerbility and Samsung C&T, were participating in the project, and th
The author is an analyst for NH Investment & Securities. He can be reached at dongyang.kim@nhqv.com -- Ed.With profits from its E&P division, LXI is continuing its eco-friendly transition. The firm is entering the rechargeable battery value chain with its acquisition of the AKP nickel mine in Indone
The author is an analyst for NH Investment & Securities. He can be reached at pk.park@nhqv.com -- Ed.Celltrion Healthcare posted sound 3Q23 earnings, when considering purchase price settlements. Defying market concerns, the company showed a relative return of 15%p following its merger disclosure on