As the automotive industry shifts its focus from hardware to software, South Korean companies are accelerating their drive towards Software-defined Vehicles (SDVs). SDVs are cars controlled and managed by software. Domestic car and parts manufacturers are actively developing solutions and preparing
China’s DRAM semiconductor company, ChangXin Memory Technologies (CXMT), has hinted at the development of the next-generation semiconductor process technology, Gate-All-Around (GAA), attracting attention in the industry.According to industry sources on Dec. 14, CXMT recently announced at the 69th In
LS Group’s carbon free electricity (CFE) business is gaining momentum. The sub-subsidiary of LS Group, a company specializing in environmentally friendly core materials and components, has seen a sharp increase in its corporate value.According to the Korea Exchange on Dec. 13, LS Materials’ stock cl
SK bioscience, an innovative vaccine and biotech company committed to promoting human health from prevention to cure, announced that the updated COVID-19 vaccine (NVX-CoV2601) developed by Novavax, a global company advancing protein-based vaccines with its Matrix-M adjuvant, has begun to be supplied
Data reveals that 60% of all private equity funds recorded deficits. Despite an increase in both the total number of private equity funds and their assets under management, the growing number of companies operating in the red indicates an accelerating polarization in the private equity market, accor
SK telecom has executed an organizational restructuring and executive appointment on Dec. 7 as part of its ambitious leap towards becoming a global AI company. Yoo Young-sang has successfully retained his position as the CEO of SK telecom.In September SK telecom announced its AI Pyramid strategy foc
The new regional head of the Hyundai Motor’s labor union, the largest single union in the country, has pledged to introduce a “4-day workweek” starting next year. This commitment has reignited the debate over reduced working hours, often described as a “hot potato” in the industry.On Dec. 6, Hyundai
As China’s economy has expanded its independence in intermediate goods, it will be difficult for South Korea to enjoy the same benefits as in the past, according to a report on China’s growth structure transition process and the ripple effects released by the Bank of Korea (BOK) on April 4. The repo
The author is an analyst for NH Investment & Securities. He can be reached at esshim@nhqv.com -- Ed.After a large stake selloff by a strategic collaborative client, Suresofttech’s share price has slid amid worsened investor sentiment. But, we expect the collaboration to continue, with steady earning
As Nvidia, a leading company in artificial intelligence (AI) chips, is to shorten its new product release cycle to one year, SK hynix is expected to continue its dominance in the High Bandwidth Memory (HBM) market. SK hynix has made strides in the HBM market and it is likely to surpass 10 trillion w
The author is an analyst for NH Investment & Securities. He can be reached at kyeongkeun.kang@nhqv.com -- Ed.Furonteer supplies key assembly and inspection equipment for autonomous driving sensing cameras. Backed by the increasing deployment of high-quality sensing cameras by a major end-user (an EV
The government is driving the development of next-generation batteries with significantly improved energy density and safety.On Nov. 29, the Ministry of Trade, Industry, and Energy (MOTIE) announced that the “High-performance Next-Generation Secondary Battery Technology Development Project for Eco-f
SK bioscience, an innovative vaccine and biotech company committed to promoting human health from prevention to cure, announced that the updated COVID-19 vaccine (NVX-CoV2601) developed by Novavax, a global company advancing protein-based vaccines with its Matrix-M™ adjuvant, has received an emergen
South Korean shipbuilding companies are actively considering the construction of overseas production bases to address a shortage of manpower. However, some are raising concerns about potential “technology leakage” arising from the construction of overseas shipyards.According to industry sources on N
As High Bandwidth Memory (HBM), essential for powering generative AI, emerges as the main battleground in the next generation of memory semiconductors, fierce competition is brewing between Samsung Electronics and Micron to snatch the Nvidia orders currently monopolized by SK hynix.On Nov. 28, the T
LS Cable & System Asia has announced its rebranding to LS Eco Energy on Nov. 27, signaling its expansion into new business areas. This move reflects the company’s ambition to transition from its traditional focus on power and telecommunication cables to a broader scope, including submarine cables an
There has never been a more popular time for foreigners to live in or invest in Korea. While the number of foreigners declined during the pandemic due to global travel restrictions, immigration has been soaring in the last year. The number of foreign nationals residing in Korea for more than three m
Hyundai Motor Company today announced that its brand value reached $20.4 billion in Interbrand’s ‘Best Global Brands 2023’, ascending in valuation for 13 straight years. This represents the third highest year-over-year valuation increase out of 100 brands. The company’s brand rank rose from 35th to
Hyundai Motor Group’s three car brands -- Hyundai, Kia and Genesis -- sold 173,428 units in the U.K. passenger car market in the first 10 months of this year, up 8.7 percent year on year, according to the Society of Motor Manufacturers and Traders (SMMT) on Nov. 20. Their market share stood at 10.8