The author is an analyst for NH Investment & Securities. He can be reached at jiyoony@nhqv.com -- Ed.In 3Q23, Youngone’s OEM division sales slowed down first time in 10 quarters. Given the industry-outpacing OEM sales clip over the past 2 years, short-term negative effects are inevitable. But, given
The author is an analyst for NH Investment & Securities. She can be reached at jiyoony@nhqv.com -- Ed.In 2023, the consumer goods portion of Korea’s exports surpassed that of capital goods for the first time in 25 years. While domestic consumption should weaken on higher interest expense burden in 2
The author is an analyst for NH Investment & Securities. He can be reached at ys.jung@nhqv.com -- Ed.Over 2021~2023, Korean shipbuilders have landed target-beating new orders. With sufficient order backlogs under their belt, they have raised newbuilding prices to reflect higher costs, and accordingl
The author is an analyst for NH Investment & Securities. He can be reached at ys.jung@nhqv.com -- Ed.The transportation industry enjoyed a market boom during the pandemic era, but with trade volume growth slowing and supply growth accelerating, supply burden has increased, bringing down tariffs. The
With the intensification of pressures to switch types of ship fuel in compliance with maritime environmental regulations, the market for eco-friendly vessels such as ammonia and liquid carbon dioxide (LCO2) carriers is becoming a cash cow for the shipbuilding industry. These ships, similar in design
Consumer dissatisfaction with Dyson, a British brand that prides itself on being a “premium home appliance” maker, has significantly increased this year.According to a Korea-based consumer group on Nov. 15, complaints related to Dyson filed with the “1372 Consumer Counseling Center” reached 864 case
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