The government’s Hydrogen Economy Committee, chaired by the prime minister, announced its first basic plan for a transition to the hydrogen economy on Nov. 26, charting a new direction for the domestic hydrogen industry. Now, Korean companies are expected to start investing in hydrogen in earnest. T
Samsung Electronics announced on Nov. 30 that it has introduced three of its latest automotive chip solutions: the Exynos Auto T5123 for 5G connectivity, the Exynos Auto V7 for comprehensive in-vehicle infotainment (IVI) systems, and the ASIL-B certified S2VPS01 power management IC (PMIC) for the Au
Toyota sold no electric, hydrogen, LPG and gasoline vehicles at all in South Korea last year, when it sold 14,168 hybrid and plug-in hybrid electric vehicles in South Korea and its low-pollution car supply rate calculated by the South Korean government was 43.7 percent. The figure is the highest of
The authors are analysts of NH Investment & Securities. They can be reached at minjae.lee@nhqv.com and ys.jung@nhqv.com, respectively. -- Ed. Currently relying mainly upon fossil fuel, KEPCO is converting over from fossil fuels to renewable energy to help achieve carbon neutrality. By 2030, KEPCO pl
Samsung Electronics and SK Hynix ramped up their market shares in the NAND flash market in the third quarter of 2021.Samsung Electronics’ NAND flash sales in the third quarter of 2021 rose 16.5 percent from last quarter to reach US$6.51 billion. Sales growth was driven by increased demand from the s
Hanwha Solutions announced on Nov. 24 that it has signed a contract to invest US$100 million in Lancium Technologies in Houston, Texas. Through this investment, Hanwha Solutions will secure a seat on the board of directors of the U.S. startup, which specializes in data center power management.Lanciu
The author is an analyst of NH Investment & Securities. He can be reached at jack.baek@nhqv.com. -- Ed. Relative to competitors, SJ Group boasts outstanding margins thanks to both its policy of focusing on department stores while avoiding discount sales and its minimization of advertising expense. B
Korea Hydro & Nuclear Power (KHNP) held a meeting on Nov. 23 regarding new nuclear power plant construction projects in the Czech Republic and Poland. The meeting was attended by the consortium members including KEPCO E&C, KEPCO Nuclear Fuel, KPS, Doosan Heavy Industries & Construction and Daewoo En
Samsung Electronics announced on Nov. 24 that it would build a new semiconductor manufacturing facility in Taylor, Texas. The estimated US$17 billion investment in the United States is intended to boost production of advanced logic semiconductor solutions that power next-generation innovations and t
The author is a freelance journalist and Google News PR specialist. She can be reached at virginia.sagal.media@gmail.com. -- Ed. The South Korean government, led by liberal President Moon Jae-in, announced in July 2021 a new K-Deal that looks to invest more than 160 trillion won ($138 billion) in di
Samsung Electronics vice chairman Lee Jae-yong, who is on a business trip to the United States, met with senior White House officials and U.S. Congressmen to discuss semiconductor supply chain issues.In addition, Lee met with executives of Microsoft (MS) and Amazon to discuss cooperation in such fie
The author is an analyst of NH Investment & Securities. She can be reached at mj27@nhqv.com. -- Ed. In the domestic cosmetics market, concerns over intensifying competition and consumption slump in China are mounting. Jitters related to China stem from the resurgence of Covid-19, a real estate marke
Taihan Cable & Solution announced on Nov. 15 that it has won a power grid project in western California.The company will supply medium voltage (MV) cables worth 60 billion won for about three years until October 2024.The latest order boosted Taihan Cable & Solution’s order intake from the United Sta
The author is an analyst of KB Securities. He can be reached at drlee@kbfg.com. -- Ed. Maintain BUY; Raise TP to KRW930,000 We maintain BUY on NCsoft and raise our TP by 17.7% to KRW930,000. Given the success of Lineage W, we have revised up 2021E OP by 28.3% and 2022E by 15.0%. Derived using the DC
bitsensing, a Korean imaging radar company, announced on Nov. 10 that it has been named a CES 2022 Innovation Awards Honoree for its AIR 4D, in the Vehicle Intelligence & Transportation category. This year’s CES Innovation Awards program received a record high number of over 1,800 submissions. The a
The seven state-run power companies of South Korea made a joint statement on Nov. 10 that they would completely stop coal-based power generation by 2050 in order to achieve carbon neutrality.Korea Electric Power Corp., Korea Hydro & Nuclear Power, Korea South-East Power, Korea Midland Power, Korea W
Hyundai Motor Group’s urban air mobility affiliate in the United States has been dubbed Supernal.The group set up the affiliate last year and has since been conducting research and development on electric vertical take-off and landing (eVTOL) vehicles. Supernal means "best quality" and "heavenly." I
Samsung Electronics and SK Hynix provided their semiconductor supply chain data requested by the U.S. government on Nov. 8 (U.S. local time), the deadline set by the U.S. Commerce Department.Korean companies reportedly presented their data after excluding the most sensitive information such as the n
Foreign investors' stake in Samsung Electronics has dropped to the lowest point in four and a half years.Samsung Electronics' stock price rose 0.57 percent from the previous trading day to 76,600 won on Nov. 8. Foreign investors held 3,057.13 million common shares in the company, accounting
Korea Hydro & Nuclear Power (KHNP) and the Ministry of Trade, Industry and Energy had a meeting with the government of Poland on Nov. 5 (local time) and discussed South Korea’s participation in Poland’s nuclear power plant construction project.The consortium of South Korea, including the Export-Impo