Samsung Electronics’ Exynos mobile application processor, which once faced a setback by being excluded from its flagship Galaxy S series, is aiming for a comeback in the premium market next year.According to Counterpoint Research on Nov. 6, the global AP market is currently led by MediaTek with a 30
The author is an analyst for NH Investment & Securities. He can be reached at yk.choi@nhqv.com -- Ed.Adhering to Hyosung TNC as our petrochemical industry top pick, we raise our TP by 18% to W520,000. With the price of spandex remaining strong despite raw material price decrease, the spandex spread
In the third quarter of this year, OB’s steady-seller beer, Cass, successfully retained its position as the leading brand in the South Korean home beer market.According to the food industry statistics information from the Korea Agro-Fisheries & Food Trade Corporation (aT) on Nov. 5, the retail store
It is expected that China will secure the top position in the South Korean cross-border e-commerce, or direct purchase, market, surpassing the United States for the first time this year. This outcome is driven by Chinese e-commerce giants such as AliExpress, which have aggressively penetrated the So
Seven Korean companies, including LG Electronics, Lotte Chemical and Samsung Fire & Marine, have joined RE100 this year, bringing the total number of Korean companies to 34, according to the U.K.-based Climactic Group on Nov. 3.This means that Korea has the fourth-most number of companies after the
The strength of the U.S. dollar, along with measures to stabilize the market and prevent further depreciation of the South Korean won, has resulted in a decline in foreign exchange reserves for the third consecutive month.According to foreign reserves statistics released by the Bank of Korea on Nov.
Samsung Electronics and SK hynix are igniting a market recovery for NAND flash, which has been slower to rebound compared to DRAM, by transitioning processes and reducing production.On Nov. 3, industry insiders forecasted that NAND would still take more time to recover due to its higher inventory le
Samsung Display filed a complaint with the U.S. International Trade Commission (ITC) against China’s BOE, the world’s largest liquid crystal display (LCD) panel maker and Samsung Display’s largest display competitor. Samsung Display claims BOE stole its technology. This is separate from an ongoing p
Ed Note: This story was edited for factual accuracy on Nov. 6, 2023.The Korean market has become more prominent on the radar of private equity firm Hillhouse Capital. According to investment banking sources on Nov. 1, Hillhouse Capital has launched a search for a Korean market expert for its Hong Ko
KG Mobility is set to build a battery pack manufacturing plant in South Korea, leveraging the technology of BYD, China’s largest electric vehicle manufacturer.On Nov. 1, KG Mobility announced that it had signed a “Battery Pack Factory Construction and Hybrid System Joint Development Agreement” at th
The ongoing merger process between Korean Air and Asiana Airlines, which has persisted for three years, has crossed a significant threshold. Korean Air’s proposal to divest Asiana Airlines’ cargo division has been approved by the board of Asiana Airlines, a strategic move to meet the requirements se
In October, Korea’s exports turned positive for the first time in 13 months, and the nation’s trade balance has been positive for five consecutive months since June. It was the first time in 20 months since February 2022 that exports rebounded and the nation posted a trade surplus at the same time.A
The author is an analyst for NH Investment & Securities. She can be reached at jiyoony@nhqv.com -- Ed.If excluding one-off labor costs, AmorePacific met 3Q23 consensus. Due to the slow recovery of Sulwhasoo in China, earnings growth at the firm is likely to remain flat in 4Q23. However, we see justi
According to data obtained from the Financial Supervisory Service by Rep. Seo Beom-soo, a member of the National Assembly’s Land, Infrastructure, and Transport Committee, on Nov. 1, the outstanding balance of housing mortgage loans for foreigners, offered by the four major commercial banks -- KB Koo
As Germany, which shares a similar economic structure with South Korea, takes steps to improve its economic structure and reduce its trade dependence on China, there is a call for South Korea to draw lessons from Germany’s example and work towards improving its own economic structure.According to a
South Korea has set an ambitious goal to rise alongside the United States and China as one of the top three powerhouses in the global energy storage system (ESS) industry by 2036. The nation plans to capture 35% of the rapidly growing global ESS market, aiming to revitalize its currently stagnant do
Mirae Asset Global Investments, through its ETF subsidiary Global X Hong Kong, announced on Oct. 30 that it will commence trading of the “Global X Hang Seng TECH ETF” on the Shanghai and Shenzhen stock exchanges starting Nov. 6.The Global X Hang Seng TECH ETF is an ETF that tracks the Hang Seng Tech
Specialized organizations have predicted that the impact of China’s graphite export control will be resolved within three months. This is because there have been similar cases in the past and it is difficult for China to consume all the graphite produced in China alone. However, South Korean battery
Following the pandemic, South Korea remained in the middle to lower range in terms of growth rates among advanced economies. However, it ranked higher in terms of price stability indicators. This suggests a ‘trade-off’ between investment-led growth expansion and tight fiscal policy.According to the
China’s leading memory semiconductor company, Yangtze Memory Technologies Company (YMTC), has been reported as successfully developing and mass-producing 232-layer 3D NAND flash. According to South China Morning Post (SCMP) on Oct. 27, semiconductor analyst firm TechInsights revealed in a report on