Doosan Corp. announced on April 3 that it has signed a joint development agreement (JDA) with US polymer materials manufacturer Ionic Materials to develop high-functional advanced materials using liquid crystal polymers (LCPs).LCPs are a polymer that exhibits liquid crystalline properties in a liqui
The author is an analyst of NH Investment & Securities. He can be reached at hwdoh@nhqv.com -- Ed.SK Hynix’s earnings slump is expected to continue through 2Q23 due to deteriorating memory market conditions. From 3Q23, however, a rebound in memory supply/demand should begin in earnest, spurred by in
The author is an analyst of NH Investment & Securities. He can be reached at minjae.lee@nhqv.com -- Ed.A domestic electricity rate hike that had been expected to be implemented from 2Q23 has been temporarily postponed. We now expect 2024 OP to be limited to W1.6tn (versus our Mar 29 report estimate
The author is an analyst of NH Investment & Securities. He can be reached at sw.kang@nhqv.com -- Ed.Although the US banking crisis has yet to be resolved completely, a short-term lull has arrived, at the very least. Accordingly, the Fed should signal clearly for a May rate hike. We expect further in
The author is an analysts of NH Investment & Securities. He can be reached at soohong.cho@nhqv.com -- Ed.Despite macro concerns, various buffering factors, including an easing in supply disruptions (amid the process of sales recovery following the Covid-19 crisis) and a release of pent-up demand for
The author is an analyst of NH Investment & Securities. He can be reached at jooyh@nhqv.com -- Ed.Lotte Chilsung’s domestic soju market share recovery is continuing, led by Chumchurum Saero. Share price momentum is high thanks to the possible consolidation of the firm’s Philippine subsidiary within
The state government of Michigan approved US$123 million subsidies on March 28 as to the battery production partnership of Ford and CATL. According to industry sources, the power of the Inflation Reduction Act may be affected by similar approvals following one after another.At present, many state go
The Ministry of Trade, Industry and Energy announced on April 3 that South Korea’s trade surplus with the United States was US$7.19 billion in the first quarter of this year, while at the same time its trade deficit with China was US$7.9 billion.But as recently as in 2021, the surplus with China (US
The Korea Center for International Finance said in its report on April 3 that South Korea’s response needs to be more precise amid the ongoing U.S.-China rivalry in high-tech industries.The United States is continuing to curb China using the Inflation Reduction Act, the CHIPS Act, the Indo-Pacific E
Just in six months since launching the GlucoMen Day PUMP, a blood sugar control solution, in Europe, EOFlow is facing a sales suspension on the product. Insulet, the No. 1 insulin pump company in Germany, has been granted a preliminary injunction related to a patent in Germany, halting local sales o
Samsung Electronics will produce advanced driver assistance system (ADAS) chips for Mobileye, a world-class semiconductor developer for self-driving cars. ADAS chips are a key component responsible for preventing front collisions, maintaining lanes, and processing smart cruise control functions.Sams
LG Display is accelerating its business restructuring from displays for TVs and monitors to those for smartphones and vehicles.LG Display’s sales of displays for mobile devices, including smartphones and vehicles, are expected to cross 40 percent for the first time this year in April according to so
The U.S. government is demanding confidential information and data from Samsung Electronics and SK Hynix in exchange for subsidies.According to some industry sources, the companies are likely to follow the United States in the end as cooperation with it in the industry is essential and they are goin
The Korea Institute of Science & Technology Evaluation and Planning announced that the number of South Korea’s SCI papers was 83,680 in 2021, up 8.9 percent from the previous year. It came in 12th with a global share of 2.4 percent.The 2021 list was topped by China, which rose to the top in 2020 and
Samsung Electronics’ Q1 earnings announcement is scheduled for April 7. Securities firms' operating profit forecast is 720.1 billion won (US$547.3 million), down 94.9 percent year on year. This is the first time in 14 years that the Q1 profit estimate is less than 1 trillion won.SK Hynix posted
The Korea Economic Research Institute of the Federation of Korean Industries announced on April 2 that South Korea's export item concentration in terms of the 2020 to 2022 average is 779.3 points, the highest among the world's top 10 exporters (548.1 on average). The second is Japan (753), f
While Samsung Electronics is actively seeking to develop cutting-edge graphics processing units (GPUs), competition is heating up to increase human resources among countries around the world, especially the United States. Regarding this, Samsung Electronics is making a move to develop technology for
The U.S. Treasury Department announced detailed guidelines for subsidies for electric vehicles under the Inflation Reduction Act (IRA) on March 31 (local time). Many Korean analysts say that the detailed guidelines are not much different from what they expected. However, they are also devoid of spec
South Korea ranked 198th out of 208 countries in terms of trade balance for January to November last year.In that period, South Korea's trade deficit was US$42.5 billion. The deficit was US$47.2 billion in 2022 as a whole. Given this, the ranking at the end of last year may be lower. For referen
The Ministry of Trade, Industry and Energy and the Korea Customs Service announced on April 1 that South Korea’s exports totaled US$55.13 billion (down 13.6 percent year on year) and imports totaled US$59.75 billion (down 6.4 percent year on year) last month, resulting in a trade deficit of US$4.92