Nine merger and acquisition (M&A) deals worth more than US$1 billion were made in the global pharmaceutical and bio industries in the first half of this year.According to the Korea Biotechnology Industry Organization (KBIO) on July 2, the global pharmaceutical and bio industries recorded nine M&A de
On July 1 (local time), the U.S. Humira biosimilar market, worth 24 trillion won a year, opened. In the first week alone, six Korean and foreign companies plan to launch their products.According to sources in the biotech industry on July 2, Samsung Bioepis launched Hadlima, a Humira biosimilar, in t
Samsung Display has filed a patent infringement lawsuit in the U.S. against Chinese display manufacturer BOE. As technology infringement from China intensifies, spreading to appliances, smartphones, and now displays, Samsung Display has decided to take a firm stand.According to the industry on July
The author is an analyst for NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com -- Ed.In May, global handset sales continued to fall, led by the US and EU. We note that Apple sales are solid. Demand is unlikely to improve until September. Companies that can benefit from the iPhone 1
Korean companies are shifting their major patent application destinations from China to the United States, Europe, and Japan, regarded as “allied countries.” This move appears to be a response to the business uncertainties resulting from the U.S.-China hegemony dispute, a reopening effect that has f
LG Energy Solution announced on June 20 that it will select and support 10 global startups with innovative technologies and business ideas in battery materials, cells, packs, battery management systems (BMS), and smart factories through the “LGES Battery Challenge.”This event, marking its third occu
In the fiercely competitive landscape of South Korea's 5 trillion won burger market, Shake Shack, a front runner in the premium burger sector, is setting out to solidify its top position.According to market research firm Euromonitor on June 15, the domestic burger market, worth 2.6 trillion won
Since 1992, LG Energy Solution has been the pioneering domestic enterprise in secondary battery research, continuously cultivating its innovative capacity.LG Energy Solution operates Research & Development (R&D) centers in Korea, China, the U.S., and Europe. Over the past decade, the company has pou
By the end of this month, “Five Guys,” one of the top three American burger chains, will be launching its first branch in the Gangnam district of Seoul, South Korea, drawing attention to competition in the premium burger market.According to industry insiders on June 1, In-N-Out Burger, the only one
The United States and China are ramping up their competition over South Korean semiconductors. Following China's sanctions on U.S. semiconductor firm Micron, the two nations are locked in a struggle to fill the resulting gap. China, which had previously launched harsh criticisms such as “playing
Recently, the secondary battery industry and the automotive industry have been competing for leadership in battery packs. While battery companies prefer turnkey supply from battery cells to modules and packs, the automotive industry has a position that it cannot lose out on the lead in manufacturing
Samsung Biologics has been embroiled in another patent infringement lawsuit. On Jan. 16, US pharmaceutical company Regeneron filed a patent infringement and prevention claim against Samsung Biologics and its subsidiary Samsung Bioepis in Seoul Central District Court in Korea.Regeneron claims that a
According to industry sources on the 17th, the U.S. International Trade Commission (ITC) has determined that automotive component companies from Taiwan and the United States have infringed upon multiple patents held by Hyundai and Kia.On the same day, the ITC announced through a public notice that t
The national competitiveness ranking of Korea, invited to the Group of Seven (G7) Summit scheduled from May 19 to 21 in Hiroshima, Japan, has emerged as the sixth in the world, demonstrating a level comparable to G7 nations.On May 17, the Federation of Korean Industries (FKI) announced the findings
The author is an analyst for NH Investment & Securities. He can be reached at jooyh@nhqv.com -- Ed.High-base effect at the department store division and weak earnings at subsidiary Shinsegae International are disappointing. However, we maintain a positive view as conditions at the DFS business, a ke
Samsung Electronics and Qualcomm will become one team in an antitrust dispute trial against U.S.-based semiconductor company Broadcom. The two have agreed to do so as they have suffered from long-term exclusivity agreements that Broadcom demanded they sign. Qualcomm, which was fined 1 trillion won (
China’s No. 1 display maker BOE has filed a patent infringement lawsuit against Samsung in China. Industry analysts say this is a retaliatory move by BOE, which competes with Samsung in the organic light-emitting diode (OLED) panel market.BOE recently sued Samsung Display, Samsung Display China, and
Samsung Electronics has suffered from an abuse of power at the hands of Broadcom, a U.S.-based semiconductor company, after a similar incident involving Qualcomm. Broadcom had proposed to the Korea Fair Trade Commission (KFTC) to pay 20 billion won (US$15 million) in stimulus funds as a voluntary co
The author is an analyst for NH Investment & Securities. He can be reached at jooyh@nhqv.com -- Ed.We raise our TP on Hotel Shilla to W110,000. The firm’s 1Q23 results beat estimates, and its fundamentals are improving, as expceted. Now is the time to raise expectations rather than worry about Korea
The author is an analyst for Shinhan Securities. He can be reached at sanghoonpure.cho@shinhan.com -- Ed.1Q23 earnings surpriseHotel Shilla posted operating profit of KRW34.5bn (+128% YoY) on sales of KRW752.1bn (-31.3% YoY) in 1Q23, beating the market consensus by a wide margin. The earnings surpri