The author is an analyst for NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com -- Ed.Zenonia, Com2uS Holdings’ first game release after its transition to a publishing-based model, is showing healthy early sales. Despite excessive marketing cost execution, we believe that marketing
The author is an analyst for NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com -- Ed.Helped by healthy early sales of Zenonia and MLB 9 Innings Rivals, Com2uS should turn to profit in 3Q23. However, continuing losses at the media arm are hindering both overall earnings and the sha
The author is an analyst for NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com -- Ed.Backed by Eversoul, ArcheAge War, and Ares, Kakao Games is continuing to produce new-lineup successes in 2023. Earnings at the firm are believed to have bottomed out, and the share price has falle
Samsung Electronics has raised the mid- to long-term bar in the robotics business, one of its future growth drivers. The company has begun a full-scale review on how to develop a humanoid robot that walks on two feet like a human.According to industry sources on Aug. 2, Samsung Electronics has recen
The demand for high-performance memory semiconductors essential for AI chips is experiencing explosive growth due to the escalating demand for AI chips among global tech companies involved in the cloud server business. Consequently, there are high expectations for the upcoming business prospects of
As Samsung and LG are intensifying their strategies to capture the global market for Organic Light-Emitting Diode (OLED) TVs, Japanese companies such as Sony and Sharp are tightening their pursuit. This mirrors previous competition between the two countries in the Liquid Crystal Display (LCD) market
As Japan has set a national goal of “Semiconductor Leadership Recovery,” it is pouring a significant investment into semiconductor company Rapidus. However, Rapidus has recently run into an “emergency to secure profitability.” The company set a goal to mass-produce advanced 2-nanometer semiconductor
ONDA, a South Korean hospitality technology company, is making inroads into the Turkish hotel solutions market. This expansion is fueled by a strategic partnership with CMH Solutions, a top player in the Turkish hotel and resort industry.ONDA (CEO Hyun-seok Oh) announced it has signed a Memorandum o
Both domestic and global information technology (IT) giants are now joining pharmaceutical and biotech companies in utilizing artificial intelligence (AI) for drug development. Some AI drug development firms are currently in the process of going public through initial public offerings (IPOs).Accordi
Samsung Foundry, the semiconductor outsourcing division of Samsung Electronics, has embarked on a chip research project with leading semiconductor startups in the global artificial intelligence market.According to industry sources on July 19, Samsung Foundry has recently launched Research & Developm
The author is an analyst for NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com -- Ed.Weighed upon by delayed new game rollouts, Netmarble’s operating losses inevitably continued in 2Q23. Expectations remain alive, however, for a rebound driven by new lineups to be launched from Ju
The Organization for Economic Cooperation and Development (OECD) has decided to delay Pillar One of a global digital tax, which will require multinational companies such as Google, Apple and Samsung Electronics to pay taxes in countries where they actually generate sales, by one year from 2024 to 20
The author is an analyst for NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com -- Ed.Despite the impending release of Ares, Kakao Games’ most anticipated 2023 game, expectations for the new title have yet to be reflected in share price. Ares’s sci-fi theme is to set it apart from
The government has decided to accelerate the exports of small and medium-sized enterprises (SMEs), create an ecosystem for startups and ventures aimed at the global market, and roll out policies for SMEs to make a global leap.The Ministry of SMEs and Startups announced the “SME Promotion Comprehensi
Samsung Electronics has confirmed that it has temporarily postponed the development of an extended reality (XR) product. Industry analysts say that it was an internal decision made in light of the Vision Pro headset unveiled by Apple in June.Samsung Electronics said in a recent notice to its panel p
The author is an analyst for NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com -- Ed.With another earnings season to begin in July, and with a semi-peak season for ad and commerce having begun, we examine whether Internet firms have achieved q-q earnings growth in 2Q23. Although g
“Sub-culture games” made by Korean game publishers are faring well in Asian markets. Subculture games are games that highlight Japanese anime-style girl characters and are targeted at specific groups of enthusiasts. Korean subculture games are gaining in popularity in China after Japan, so it remain
The global automotive industry is fiercely competing for control over vehicular software operating systems (OS). Notably, Hyundai Motor and Kia are expanding their territories by securing 10 million global users in the realm of connected car services, a cornerstone of the Software-Defined Vehicle (S
Korean game companies are advancing into the Japanese market, which is considered a tough market for Korean game developers. Japan is a game market where Korean game companies have struggled due to different genre preferences and strong Japanese game companies represented by Sony and Nintendo. Howev
Apple took the wraps off Apple’s Vision Pro, a mixed reality (MR) device that performs both virtual reality (VR) and augmented reality (AR) functions on June 5. Since then, the new device has been receiving rave reviews.What has driven the Vision Pro’s popularity is its organic light-emitting diode