The author is an analyst of NH Investment & Securities. He can be reached at pk.park@nhqv.co. -- Ed. In 2022, healthcare stocks have been performing sluggishly in the NY stock market, affected by drastic absorption of market liquidity since early-2022. Given that 10-yr discounted cash flow is the mo
The author is an analyst of KB Securities. He can be reached at joonsop.analyst@kbfg.com. -- Ed. 3Q22 OP at KRW285.1bn (+3.0% YoY)— LGU posted 3Q22 consolidated revenue/OP of KRW3.50tn (+0.7% YoY)/KRW285.1bn (+3.0% YoY). OP beat the market consensus (KRW274.9bn) but in line with our estimate (KRW290
KT announced on Sept. 19 that it will introduce digital twin and AI-based intelligent transportation technology in cooperation with the Bucheon City government of Korea at ITS World Congress 2022 to be held in Los Angeles of the United States until Sept. 23 (Korean time).The ITS World Congress is th
NESTYLE, Inc. has launched Collery, an artificial intelligence (AI)-based content creation platform for single creators. Since most types of content are created by single creators, the company launches Collery to help them spread their content through the platform.NESTYLE is a startup established by
This article was written based on an interview with Han Seung-cheol, CEO of NPCore, an AI-based new variant malware (APT) response solution provider in Korea. -- Ed. Before Russia invaded Ukraine, Chinese hackers conducted cyberattacks against 600 places, including major facilities and institutions,
SAPEON, a global AI semiconductor company, announced on Sept. 13 that its first commercialized artificial intelligence semiconductor chip, X220, was acknowledged for its groundbreaking AI processing speed and unrivaled efficiency in the latest MLPerf benchmark test.SAPEON X220 has demonstrated indus
The author is an analyst of KB Securities. He can be reached at joonsop.analyst@kbfg.com. -- Ed. SK telecom acquires 3.09% stake in Hana Financial Group for KRW330bn— On Jul 22, SKT acquired a 3.09% stake in Hana FG while selling its 15% stake in Hana Card to Hana FG to strengthen its partnership wi
AIA Korea announced on July 14 the debut of ‘AI Sonny,’ an artificial intelligence-based ‘younger brother’ of the Tottenham Hotspur player Son Heung-min.As the AI-based spokesperson for AIA Korea, ‘AI Sonny’ will directly engage, educate and inspire AIA customers, agents and partners in Korea to imp
For the first time in Korea, the Korea Institute of Machinery and Materials (KIMM) has developed a technology that can extinguish fires by recognizing fire incidents at their onset and automatically spraying firefighting materials (water and foams) at the source of fire.Principal Researcher Chung Ju
SK ecoplant announced on May 25 that TES, a global player in electronic waste recycling which was acquired by SK ecoplant in February, signed an MOU with Mintit, a Korean company that collects used mobile phones using an AI-based automated teller machine (ATM) platform, to jointly promote the mobile
Samsung Electronics Co. has released a white paper that lays out the company’s vision for securing global frequency bands for 6G, the next generation communications technology. The paper, titled “6G Spectrum: Expanding the Frontier,” discusses ways to obtain the spectrum needed to achieve the compan
The author is an analyst of KB Securities. He can be reached at joonsop.analyst@kbfg.com. -- Ed. Maintain BUY, target price of KRW225,000 We maintain BUY and TP of KRW225,000 on Samsung SDS. We are bullish because IT Services earnings should improve, driven by an increase in non-affiliate revenue, i
A total of 10 startups attracted an investment of at least 100 billion won each in the first quarter of this year. The annual investment is expected to reach a new high this year, given that the number was 19 in 2021.The total startup investment was 3.1424 trillion won in the first quarter of this y
Seven European startups that received equity investment from Naver have grown into unicorns with an enterprise value of more than 1 trillion won. Naver established a European investment fund six years ago to expand its business territory around the world and discover promising venture startups.Naver
SK Telecom announced on April 10 that it has completed the development of an artificial intelligence-based post-production (AIPP) platform to facilitate exports of Korean content.The platform was developed in collaboration with New ID, a digital content and platform distribution company in Korea.The
Securities companies are increasing their investments in blockchain, virtual asset and metaverse startups.For instance, Mirae Asset Securities made a series B investment in bHaptics on Feb. 15. bHaptics connects the tactile sensation to content and sells related products such as vests and warmers.On
Korean medical AI startup PMX announced on March 7 that it has introduced, together with its Indian partner InMed Prognostics, an MRI solution for golfers to the Poona Club Golf League (PGL) held in Pune, India from March 4 to 6.InMed Prognostics is an Indian medical solution company that supplies p
The Korea Advanced Institute of Science and Technology (KAIST) announced on Feb. 23 that its research team led by professor Jung Jae-sung has developed a brain-machine interface system for controlling a robot arm simply by thinking.According to the team, the system employs artificial intelligence an
KT's AI-based connected car solution will be used for Mercedes-Benz vehicles.KT announced on Feb. 17 that it has launched an AI voice recognition service for Mercedes-Benz models such as the S-Class and the EQA in cooperation with Cerence, an AI voice recognition solution company for vehicles in
LG Group has unveiled “Tilda,” the first virtual human created using ultra-large artificial intelligence (AI) Exaone. Tilda is an AI artist who thinks on her own to create new designs.“Tilda appeared on a light emitting diode (LED) screen of Spring Studio, the main stage of New York Fashion Week in