The United States is putting more pressure on companies in the EV battery industry to rely less on China. Most South Korean companies in the industry are regarding the pressure as both a challenge and an opportunity.This is because they have diversified their material supply sources for years. For i
Tesla’s aggressive price cuts are making Hyundai Motor Group grapple more in increasing its sales in the U.S. electric car market. The company is faced with the prospect of losing U.S. Inflation Reduction Act (IRA) subsidies while its competitors seem to be gaining momentum.On April 9, Tesla cut its
Technology exports from the domestic pharmaceutical and biotech sector totaled eight cases in the first quarter of this year. The scale of the five open contracts is 2.169 trillion won (US$1.643 billion). In the first quarter of last year, the figures were six and 2.174 trillion won (US$1.647 billio
Samsung Electronics will re-load the Exynos, an application processor (AP) designed by Samsung Electronics, into its Galaxy smartphone series. This plan aims to dial up Samsung Electronics’ share in the smartphone AP market and reduce the production cost of Galaxy products.According to industry sour
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
CJ CheilJedang’s CJ Bioscience announced on March 27 that it has signed an agreement to acquire promising drug candidates and platform technologies from 4D Pharma, a UK- and Ireland-based microbiome company.The newly introduced drug candidates total nine, targeting solid cancer, digestive diseases,
A total of 1,016 adults participated in the Korea Chamber of Commerce and Industry’s recent survey and 64.2 percent of them said that they have never used ChatGPT. Another 30.2 percent mentioned that they have used it once or twice, and 5.6 percent mentioned frequent use.A total of 50.7 percent of t
Hyundai Mobis’ new airbag design received a perfect score in a collision test.According to Hyundai Mobis on March 9, an anti-brain injury airbag developed with its own proprietary technology obtained a perfect score in the brain injury criterion (BRIC) category in a new crash safety test conducted b
Samsung Electronics will enter competition to develop more advanced chips for smartphones and PCs by starting again to develop cores for central processing units (CPUs). The Korean tech giant is planning to lower its reliance on ARM and face off with Apple by loading CPUs of its own design into smar
The author is an analyst of NH Investment & Securities. He can be reached at sw.kang@nhqv.com. -- Ed. January jobs report data, which confirmed both an employment surprise and a slowdown in wage growth, supports Brainard’s view that inflation stabilization is possible without a cooling of the job ma
SK Inc. C&C, an ICT company providing comprehensive digital solutions, has signed a memorandum of understanding (MOU) with Microsoft Korea to promote its digital healthcare solutions in the global market.Under the agreement, SK Inc. C&C's Medical Insight Plus Brain Hemorrhage will become a strat
HD Hyundai CEO Chung Ki-sun attended the Fortune Brainstorm Tech Dinner held at a hotel in Las Vegas on Jan. 4, one day before the opening of CES 2023.Hosted by Fortune, this event invites executives from the top 100 tech companies among those participating in the annual technology exhibition.This y
Nova One Advisor said in its recent report that the global biotech market would grow from US$1 trillion in 2021 to US$3.88 trillion in 2030. Fortune Business Insights recently said that the global medical hardware industry would grow from US$490 billion in 2021 to US$720 billion in 2029.According to
The author is an analyst of NH Investment & Securities. He can be reached at midas.sohn@nhqv.com. -- Ed. With most domestic cathode materials players having adopted Kornic Automation’s automated inspection solution (K-LAS), related sales are set to rise in line with capacity expansion at these clien
The author is an analyst of NH Investment & Securities. He can be reached at hwdoh@nhqv.com. -- Ed. TSMC recently held an equipment installation ceremony for its US fab. The global semiconductor equipment and materials industry is expected to gain momentum from 2023 thanks to the US’s semiconductor
The author is an analyst of NH Investment & Securities. He can be reached at pk.park@nhqv.co. -- Ed. Laser301 data were recently released at the ESMO Asia Congress 2022. Against this backdrop, attention is turning to Janssen’s commercialization strategy for Lazertinib. A competing phase III clinical
HK inno.N announced on Oct. 20 that Braintree Laboratories, its U.S. partner, has received approval for a phase 3 clinical trial plan for tegoprazan, the ingredient name of its new drug K-Cab Tab., from the U.S. Food and Drug Administration (FDA) and has started the final clinical trial. Braintree L
The author is an analyst of NH Investment & Securities. She can be reached at hzl.lee@nhqv.com. -- Ed. We expect Cheil Worldwide to report record-high quarterly consolidated OP of W89.5bn for 3Q22, noting that the firm has secured an efficient cost structure and is showing even sales growth across a
Samsung Electronics showcased a series of cutting-edge semiconductor solutions at Samsung Tech Day 2022 held at Silicon Valley on Oct. 5 (local time).The company announced plans to start mass production of 5th-generation 10nm-class (1b) DRAM from next year and 9th-generation NAND flash from 2024, re
Fake news and information are following one after another regarding President Yoon Suk-yeol’s recent visits to the United Kingdom, the United States and Canada. The spread of such news and information has been led by left-wingers’ terrestrial broadcasting programs.It is MBC that spread the most seri