Han Chang-wook, a research fellow at UBI Research, predicted a steady increase in the shipment of Organic Light-Emitting Diodes (OLEDs) for tablets and laptops during the “2023 UBI Research Analyst Seminar” held on Nov. 14 at the Science and Technology Convention Center in the Gangnam district of Se
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 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
Korea’s entrepreneurial spirit ranked among the lowest in Asia according to a report released by Amway.The 2023 Amway Global Entrepreneurship Report (AGER) reveals comprehensive data on trends around starting a business. The 2023 AGER was released on Nov. 13 in honor of the World Global Entrepreneur
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
China is accelerating its stride toward semiconductor self-sufficiency as a countermeasure to U.S. semiconductor export controls. Despite the challenges posed by U.S. restrictions, China’s push for semiconductor autonomy seems to be increasingly fruitful.According to industry sources on Nov. 9, the
The author is an analyst for NH Investment & Securities. He can be reached at ys.jung@nhqv.com -- Ed.International passenger traffic climbed 11% m-m in October on the back of holiday season effects, with demand arriving strong for all routes except China. Air cargo volume also strengthened. However,
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
A race is heating up to innovate production methods among global automakers as price becomes a key competitive factor amid slowing growth in the electric vehicle market.Tesla CEO Elon Musk recently visited the company’s plant in Germany and declared that the company will build 25,000-euro electric v
Korean intermediate goods exporters have been entering Vietnam in large numbers after exiting the Chinese market for several years. But the share of Korean intermediate goods has been on the decline in the Vietnamese market since 2017. This is because Chinese intermediate products are rapidly replac
South Korea has been removed from the U.S. currency manipulator watchlist for the first time. This move comes with recognition of the transparency in South Korea’s foreign exchange policies and marks a significant step towards stability in the value of the South Korean won, providing some relief for
According to SNE Research, an energy market research company, on Nov. 8, the number of electric vehicles registered worldwide from January to September reached 9.66 million units, a 36.4% increase compared to the same period last year.BYD, a Chinese company, maintained its top position with a 71.7%
Doosan Bobcat has announced on Nov. 8 its plan to invest approximately 400 billion won (USD 300 million) to construct a new factory in the Monterrey area of Nuevo León, Mexico.The new Monterrey plant, with an area of about 65,000 square meters, will produce M-Series loaders, Doosan Bobcat’s flagship
The author is an analyst for NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com -- Ed.Due to slowing demand in downstream industries and continued inventory adjustments in distribution channels, PI AMC’s 2H23 earnings are likely to miss our estimates. However, considering already hi
The growth of electric vehicles (EVs) changing the paradigm of the global automobile market has come to an abrupt halt. As a result, carmakers are showing mixed moves.General Motors (GM), Ford and Volkswagen, as well as the world’s No. 1 EV maker Tesla, have postponed or canceled their investment pl
In the first three quarters of this year, Chinese companies claimed first and second place in the global electric vehicle battery market. The three major Korean battery makers ranked third, fifth, and seventh, respectively.According to market research firm SNE Research on Nov. 7, China’s CATL held t
China’s exports have continued to fall for three consecutive months.According to the General Administration of Customs of China, China’s exports in October amounted to US$274.83 billion, a decrease of 6.4% compared to the same month last year. This decline exceeded the previous month’s drop of 6.2%
Amid a steadfast strategy of selective order intake focusing on high-value-added vessels, the South Korean shipbuilding industry has finally surpassed China to record the world’s highest global market share. This success comes in the wake of a continuous rise in the Newbuilding Price Index, securing