Samsung Electronics Chairman Lee Jae-yong is finalizing the schedule to meet Apple CEO Tim Cook and Google CEO Sundar Pichai during his visit to Silicon Valley during a business trip to the United States that will last until mid-May. It is analyzed for the purpose of envisioning Samsung’s future bus
The author is an analyst of NH Investment & Securities. She can be reached at hzl.lee@nhqv.com -- Ed.Adhering to a Buy rating, we raise our TP to W310,000 for HYBE, our sector top pick. In addition to ongoing solid quarterly earnings thanks to its successful multi-label system, HYBE’s status as a pl
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com -- Ed.We look forward to change of NCSOFT. Preparations are underway to reduce its sales portion for MMORPG titles (which has served as a disadvantage) and its domestic-centered business structure. If th
More than 500 people from the global information technology (IT), consumer electronics and platform industries are participating in the Connectivity Standards Alliance (CSA) that will run for four days from March 20. Participants include mobile and home appliance companies such as Samsung Electronic
Amid sluggish business performances and an economic recession, U.S.-based big tech companies are restructuring. Samsung Electronics’ U.S. semiconductor subsidiary Device Solutions Americas (DSA) also recently laid off employees.According to industry sources in Silicon Valley on March 7 (local time),
In 2022, Hyundai Motor Company subsidiary Motional’s global self-driving competitiveness ranked 5th, up one notch from the previous year. At the top, there was a change in perception, such as the elimination of Argo AI, which went out of business with Nvidia of the United States, and Cruise of Gener
The author is an analyst of KB Securities. He can be reached at yonghyun.choi@kbfg.com. -- Ed.4Q22 review: OP misses market consensus— Studio Dragon posted 4Q22 revenue of KRW190.5bn (+28.8% YoY) and OP of KRW1.2bn (-81.4% YoY; 0.6% OPM), missing the market consensus.— The no. of aired episodes was
SK E&S announced on Jan. 29 that it has started running a large-scale electric vehicle (EV) charging station at George Bush International Airport in Houston, Texas, along with Avis, one of the top three rent-a-car companies in the United States. This marks the first time that a Korean company builds
Amogy, a U.S. hydrogen fuel cell company backed by SK Innovation, has succeeded in powering a large truck with ammonia.The company announced on Jan. 17 that it has successfully tested the world's first ammonia-powered zero-emission Cascadia truck on the campus of Stony Brook University in New Yo
The author is an analyst of NH Investment & Securities. She can be reached at hzl.lee@nhqv.com. -- Ed. We expect Studio Dragon to report a 4Q22 earnings shock due to subsidiary-related PPA amortization expense and the limited reflection of Island sales. However, the firm has plenty of global OTT ori
Samsung Electronics will connect 14 billion Samsung and non-Samsung devices around the world in the upcoming era of hyper connectivity to further enrich user experience, the company's vice chairman Han Jong-hee said in Las Vegas on Jan. 4 (local time).That day, Samsung Electronics unveiled its S
Korean cosmetics companies have started localization work in Europe and North America, the home of cosmetics. So far, Korean cosmetics companies have sought to penetrate the Asian cosmetics market. But now, they are beginning to target the global cosmetics market. Analysts say Korean cosmetics compa
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. She can be reached at hzl.lee@nhqv.com. -- Ed. Amid heightened concerns over an economic slowdown, the sluggish performance of targeting advertising platforms has been added, resulting in the share prices of media/ad companies coming in flat. H
For the first time, Samsung Electronics ranked first among the world's top brands selected by YouGov, a global polling company. Google, which was No. 1 in 2021, fell to second place.Samsung Electronics earned 127 points to top YouGov Global Best Brand Rankings 2022, which was announced on Nov. 2
Alibaba, China’s largest e-commerce company, is spending heavily to attract Korean customers who purchase goods directly at overseas online shopping malls.An official of Alibaba’s online platform AliExpress said in an exclusive interview with CNBC that his company spent 10 billion won in 2022 alone
Global brand consulting company Interbrand estimated Samsung Electronics’ brand value for this year at US$87.7 billion, the fifth highest after the U.S. Big Four tech companies -- Apple, Microsoft, Amazon, and Google. Samsung has maintained its fifth place for three consecutive years since 2020.Hyun
Server DRAMS are emerging as a new cash cow for Samsung Electronics and SK Hynix, which are hit hard by a slowdown in the global semiconductor market.According to market research firm Omdia, annual server DRAM demand is expected to reach 68.486 billion gigabits (Gb) this year. Experts estimate annua
The author is an analyst of KB Securities. He can be reached at yonghyun.choi@kbfg.com. -- Ed. Maintain BUY but cut target price to KRW90,000 We cut our TP by 18.2% to KRW90,000 (34.6x 2023E P/E; 42.4% upside), as we revise down 2022E OP by 10% and lift WACC (9.17%→10.59%). We maintain BUY, however,
Model Solution, a subsidiary of Hankook & Company Group (formerly Hankook Tire Group), has become the first Korean prototype company to be listed on the KOSDAQ.Founded in 1993, Model Solution is a total solution provider that serves the entire product development stage from design to prototypes, pre