The author is an analyst for NH Investment & Securities. He can be reached at soohong.cho@nhqv.com -- Ed.Sales growth to slow at HMG in 2024In 2024, an earnings growth slowdown is largely expected for HMG. The company has set a global wholesale target of 7.443mn units (+1.9% y-y) and domestic sales
The author is an analyst for NH Investment & Securities. He can be reached at youngryu@nhqv.com -- Ed.Helped by limited supply from memory IDMs and inventory stockpiling at customers, ASPs have begun to rise in earnest for SEC. In 2024, SEC should narrow its technological gap with other companies in
The author is an analyst for NH Investment & Securities. He can be reached at youngryu@nhqv.com -- Ed.SK Hynix is expected to post stable results, aided by earnings for high-performance memory products such as DDR5 and HBM, thanks to its superior technological competitiveness. Demand for high-perfor
FILA Holdings announced a new leadership structure on Jan. 8, naming FILA USA President Todd Klein to take on the newly created role of Global Brand President. Klein will report to FILA Holdings and join the board of FILA Luxembourg, a wholly owned subsidiary of FILA Holdings that oversees FILA’s gl
Pernod Ricard Korea, the Korean subsidiary of the global liquor company Pernod Ricard Group, will donate 40 million KRW to the Corea Image Communication Institute (CICI) and sponsor in kind various cultural communication events organized by CICI in 2024.Pernod Ricard Group has set a 2030 Sustainabil
The majority of Chinese companies listed on the South Korean stock market have experienced a sharp decline in their stock prices over the past year. This is attributed to the economic downturn in China last year, which worsened investor sentiment towards Chinese companies coupled with accumulated di
As the Hang Seng China Enterprises Index (HSCEI) in Hong Kong experiences a sharp decline, a substantial loss in equity-linked securities (ELS) linked to this index is anticipated, with outstanding sales of related products reaching a staggering 20 trillion won. Concerns are mounting over potential
The government’s new entrusted operating funds for the Korea Investment Corporation (KIC), the sovereign wealth fund, have effectively ceased from 2022 until last year. Some argue that the KIC faces concerns about its international competitiveness. In a landscape where competing sovereign wealth fun
According to market research firm Euromonitor, in 2023, the average coffee consumption per adult in South Korea reached 405 cups per year, more than double the global average of 152 cups. This marks the highest consumption rate among major Asian countries, translating to more than one cup of coffee
Previously dedicated to producing pouch-type batteries, SK on has now embarked on the development of the “4680 battery,” a product Tesla has successfully made a game-changer in the electric vehicle (EV) market. This move to broaden its portfolio by adding cylindrical batteries follows its success wi
LG Display is set to unveil a slew of OLED strategy products boasting unique technological advancements at the world’s largest electronics and IT trade show, CES 2024. The company will showcase large OLED technologies surpassing current limitations in image quality and performance, along with next-g
Artist Dasom Park’s , which was held as the opening exhibition at Visaza, has been extended until January 5th of the new year after some time for rest and reorganization. This exhibition is a follow-up exhibition to artist Dasom Park’s
The Korean government will increase an influx of foreign workers to industrial sites and rural areas suffering from labor shortages in 2024 to more than 260,000 from 170,000 in 2023 in response to the Korea’s population crisis and labor shortage, according to the Korean Government’s Economic Policy
The Korean government has earnestly taken steps to address the escalating population crisis, which has emerged as a significant social concern in the nation. More efforts will be made to bolster support for childbirth and the upbringing of infants and children, aimed at mitigating the population dec
More than four out of 10 listed companies in Korea were unable to pay interest with money they made, according to a recent survey. High interest rates and stagflation worsened the business environment, raising red flags on their financial conditions.As of the third quarter of 2023, 710 of 1,674 list
In 2023, foreign direct investment (FDI) in Korea exceeded US$32.7 billion, a record high. High-tech materials, parts, and equipment such as semiconductors, secondary batteries, and biotech items led the increase in FDI in Korea.According to the Ministry of Trade, Industry and Energy on Jan. 4, FDI
The Korean government has set a year-on-year increase of 8.5 percent in exports as a target for 2024 compared to last year. It has also set a target to begin an era of US$700 billion in exports in 2024. The key will be the recovery of semiconductor exports and exports to China blamed for a drop in K
The overseas non-performing loan portfolios of the four major banks in South Korea surged to nearly 300 billion won in just one year. The rapid increase raised concerns as delinquency amounts spiked due to the impact of high-interest rate shocks, prompting warnings about the management of overseas f
The government has announced its intention to reduce the ratio of household debt to gross domestic product (GDP) to below 100 percent by the year 2027.On Jan. 4, the government released the “2024 Economic Policy Direction,” outlining its strategy for managing household debt.According to the Bank for
Household and corporate debt as a percentage of the gross domestic product (GDP) has decreased for the first time in five years and nine months, signaling a trend of adjustment for the surging debt due to the COVID-19 pandemic.According to preliminary third-quarter cash flow data released by the Ban