The Korean government has rolled up its sleeves to foster Korean platforms that can compete with multinational OTT services such as Netflix and YouTube.The government laid out the Digital Media Ecosystem Development Plan at a meeting of the Information and Communication Strategy Committee on June 22
Lee Sang-heon, who is in charge of precision hospital information system (P-HIS) establishment at Korea University Medical Center, remarked at a conference on June 22 that his team’s cloud-based P-HIS will be a solution for medical institutions with HISs individually established by hospitals entaili
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed. With 5G service effects to start in earnest, the telecom service industry should enter into a full-fledged OP growth cycle from 2H20. Anticipating strong share price rebounds for Korea’s three te
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed. While the domestic ad market has remained sluggish in 1H20 due to Covid-19, NAVER Pay, NAVER Shopping, and NAVER search ads have been faring well on the back of strong commerce business growth. T
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed.In the wake of the global Covid-19 pandemic, consumption patterns have changed drastically towards non-face-to-face platforms. And, with people having become more familiar with online life using I
The author is an analyst of NH Investment & Securities. She can be reached at jy.lee@nhqv.com. -- Ed. Retail franchise operators are to benefit from a Covid-19-induced rise in structural unemployment. DFS players’ earnings are to be buoyed by eased cost burdens (on rent cuts for IIA DFS operators) a
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed. Having solidified their competitiveness during the Covid-19 pandemic, Internet firms are to continue prevailing even after the outbreak comes to an end. We predict that NAVER’s competitiveness in
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed. While the ad market has performed sluggishly since the outbreak of Covid-19, the e-commerce, content, fintech, and digital ad markets have expanded strongly, with related plays maintaining solid
Business groups with total assets of at least five trillion won and subject to the duty of public disclosure can no longer benefit from incentives for small and medium-sized enterprises (SMEs). Specifically, the measure becomes effective on June 11 and its targets include OCI, E-Land, Naver, Celltri
The authors are analysts of Shinhan Investment Corp. They can be reached at jwsung79@shinhan.com. -- Ed. 1) Travel: Domestic travel over overseas in 2020A two-week quarantine is mandatory for all people arriving from overseas due to COVID-19. Traveling abroad is almost impossible for now. Unless a v
The author is an analyst of Shinhan Investment Corp. He can be reached at mj1224@shinhan.com. -- Ed. NAVER launched NAVER Plus Membership on June 1 and plans to introduce NAVER Bankbook within the month. The new services are expected to strengthen the lock-in effect in commerce based on the NAVER Pa
Global online travel agencies (OTAs), including Booking.Com, Agoda, Expedia and Trip.Com, have submitted to the Korea Fair Trade Commission (FTC) corrective measures for the abuse of their superior position in the market against Korean lodging companies.These companies were investigated by the FTC f
Korean ICT companies are forging “artificial intelligence (AI) alliances” to challenge global companies such as Google and Apple in the AI market.KT, LG Electronics, and LG Uplus are pushing for an MOU on AI collaboration and joint AI technology development. The three companies are considering shari
The authors are analysts of NH Investment & Securities. They can be reached at jaemin.ahn@nhqv.com and hzl.lee@nhqv.com. -- Ed. In the wake of the global Covid-19 pandemic, consumption patterns have changed drastically towards non-face-to-face platforms. And, with people having become more familiar
The author is an analyst of NH Investment & Securities. He can be reached at ys.jung@nhqv.com. -- Ed. Excluding the effects of changes in accounting standards, CJ Logistics’ 1Q20 earnings satisfied consensus. Expectations for profit improvement remain valid, thanks to mid/long-term sales growth and
Software companies’ stock prices are rising over and over. During the May 14 trading session, Kakao’s market cap exceeded that of Hyundai Motor Co. for the first time to rank ninth.Specifically, the stock price of Kakao rose 3.93 percent to 225,000 won per share and its market cap reached 19,590.7 b
Korea Exchange announced on May 7 that Hyundai Motors’ market cap ranking has fallen from third (26.6 trillion won) to ninth (19.7 trillion won) since Nov. 13 last year. This is atypical in that the company was third-largest in market cap in most cases from the early 2010s to mid-2019. Its stock pri
The author is an analyst of NH Investment & Securities. He can be reached at ys.jung@nhqv.com. -- Ed. While uncertainties are likely to linger at CJ Logistics’ global business in 2Q20, such uncertainties are short-term risk factors. We expect the firm’s mid/long-term sales growth to remain steady on
Lawmakers will deliberate bills regarding the controversial free-riding of Korean telecom networks by global IT giants such as Google, Netflix, and Facebook.The legislative subcommittee of the National Assembly’s Science, ICT, Broadcasting and Communications Committee will convene on May 6 to discus
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed. While the ad market downturn due to Covid-19 is inevitably to weigh upon NAVER’s earnings in 1H20, the firm’s efforts to turn crisis into opportunity should bear meaningful results from 2H20.Taki