KT announced on Feb. 28 that it signed a memorandum of understanding (MOU) on forging a strategic partnership in developing the DX business in the Philippines with Converge ICT Solutions, a Philippine Internet Service Provider (ISP), at MWC 2023 Spain on Feb. 27.A ceremony was held in honor of the s
The author is an analyst of NH Investment & Securities. He can be reached at jack.baek@nhqv.com. -- Ed. i3system is an infrared image sensor manufacturer that boasts special chemical compound semicon technology. While the firm has been undervalued due to sluggish earnings, its current share price is
The author is an analyst of KB Securities. He can be reached at seongjin.kang@kbfg.com. -- Ed. Maintain BUY, target price of KRW220,000 From Nov 13 to 18, we participated in HMC’s U.S. marketing tour (Boston, Las Vegas, Los Angeles) to look into the progress of the company’s major businesses in the
Among 56 major items and services, including electronics, batteries, and shipbuilding, Korean companies ranked first in the world in five product categories, including semiconductors and smartphones, according to a survey. The No. 1 items were all produced by Samsung Electronics.The Nihon Keizai Shi
The authors are analysts of NH Investment & Securities. They can be reached at ys.jung@nhqv.com. -- Ed. Continued shelling on Ukraine’s Zaporizhzhia NPP raises the specter of the 1986 Chernobyl disaster.Zaporizhzhia NPP under attackThough having fallen to the Russian army in March, Ukraine’s Zaporiz
Nikkei reported on Aug. 6 that Samsung Electronics recorded the highest market shares in the global DRAM, NAND flash, OLED panel, ultra-slim TV and smartphone markets last year. In addition, SK Hynix, LG Electronics and LG Display came in second in the DRAM, ultra-slim TV and OLED panel markets, res
Preparations are running smoothly for the 5th UNESCO International Conference on Learning Cities (ICLC), which will be held in Yeonsu-gu, Incheon, four months later.The international lifelong learning conference will run for four days from Oct. 27 to 30 at Songdo Convensia. Its pre-registration for
Korean Air will supply two of its new hybrid unmanned vehicles for a firefighting drone project on Jeju Island, one of Korea’s most popular vacation spots, the company announced on June 15.The airline has signed an agreement with Jeju Fire Safety Headquarters to provide drones to monitor accident an
SK Telecom (SKT) will establish an integrated security company by merging its subsidiaries SK Infosec and ADT Caps.SK Infosec and Life and Security Holdings (LSH), the parent company of ADT Caps, each held a board of directors meeting recently and approved the merger.SK Infosec and LSH will merge wi
KT Corp., South Korea's largest telecommunications company, is diversifying its business from robotics to digital health as part of efforts to develop new growth engines in the next era of connectivity, media and other transformative industries.In the latest move, KT has signed a memorandum of u
The Ministry of Science and ICT announced that 381 domestic and foreign manufacturers tampered with their testing reports to obtain a broadcasting and communications equipment sales license.The National Radio Research Agency of the Ministry of Science and ICT recently reviewed testing reports Bay Ar
The author is an analyst of NH Investment & Securities. He can be reached at jinmyung.choi@nhqv.com. -- Ed. LIG Nex1’s profit growth likely slowed y-y in 3Q20 amid a weakening in the dollar/won rate. But, with the firm appearing free of Covid-19 effects, we believe its sales growth trend is sustaini
The author is an analyst of NH Investment & Securities. He can be reached at jinmyung.choi@nhqv.com. -- Ed. LIG Nex1’s 1H20 results confirm that the firm has remained free from Covid-19 effects. We forecast stable domestic demand thanks to the government’s expanded budget for domestic weapons system
SK Telecom announced on June 25 how its Nugu Care Call, an artificial intelligence (AI)-powered automated check-in call service, is enhancing the work efficiency of healthcare professionals during the COVID-19 pandemic.Launched a month ago in Korea, Nugu Care Call is a service where SK Telecom’s AI,
As the conflict between the United States and China has spread to Hong Kong, Korean semiconductor companies are facing repercussions.Samsung Electronics and SK Hynix are paying keen attention to future developments as the United States is threatening to deprive Hong Kong of its special status.Hong K
Hanwha Group’s defense business units are participating in DefExpo 2020, a defense and aerospace exhibition held in Lucknow, India, from Feb. 5 to 9, to promote their sophisticated defense products in India and the Southwest Asian region.DefExpo is India’s biennial mega defense exposition and this y
Patent applications related to LiDAR, a core technology for autonomous vehicles, have increased significantly over the recent 10 years.The Korean Intellectual Property Office said on Jan. 8 that there were only 20 patents applied for LiDAR from 2009 to 2011, but the number jumped to 42 in 2012 and i
The Defense Security Cooperation Agency (DSCA) under the U.S. State Department announced on July 30 (local time) that the department has approved a possible sale of logistics support services for South Korea’s RQ-4 Block 30 Remotely Piloted Aircraft (RPA) for US$950 million (1.13 trillion won).In a
IDIS, the global video surveillance player based in South Korea, has inked a deal with The Japan Victor Company, or JVC, to sell IDIS-branded products through JVC in Japan. JVC chose IDIS for its extensive high-performance and technologically advanced integrated product lineups, both IP and analog-b
Hyundai Motor said on Nov. 15 that it would invest in Top Flight Technologies, an American drone company, to carry out joint research on next-generation transportation systems using high-performance drones.The drone industry expects the global unmanned aerial vehicle (UAV) market to rapidly grow fro