The author is an analyst of NH Investment & Securities. He can be reached at kyeongkeun.kang@nhqv.com. -- Ed. Rainbow Robotics stands as the first in Korea to develop a biped humanoid robot. Having internalized robotics technologies for the manufacturing of core parts in the development process, the
The author is a market analyst of Shinhan Investment Corp. He can be reached at junechoi1@shinhan.com. – Ed. Investment insights found from IPOsThe Korean IPO market has suffered a slowdown along with the broader market, with the monthly average number of IPOs down from 7.4 during the stock market r
The author is an analyst of NH Investment & Securities. He can be reached at dongyang.kim@nhqv.com. -- Ed. Doosan Corp’s liquidity issues have been successfully addressed. Going forward, growth potential is to strengthen for the firm thanks to stable in-house businesses (led by electronics), recogni
Hyundai Motor Group chairman Chung Eui-sun exchanged views on future industries, including human-centered smart cities and future smart mobility solutions, in a meeting with Indonesian President Joko Widodo on July 28.“Hyundai Motor Group has a diverse business portfolio that encompasses cars, const
At the Win-Win·Huawei Innovation Week, David Wang, executive director of the board and chairman of the ICT Infrastructure Managing Board of Huawei, delivered a keynote speech titled "Innovation, Lighting up the 5.5G Era". In his speech, Wang spoke about the next evolution of 5G technology, which the
The authors are analysts of Shinhan Investment Corp. They can be reached at snowKH@shinhan.com and wonyong.sim@shinhan.com, respectively. -- Ed. 2Q22 sales to come in at KRW569.9bn (+11% YoY)We now expect Hyundai Autoever to report operating profit of KRW25.3bn (-25% YoY, +13% QoQ) on sales of KRW56
The author is an analyst of NH Investment & Securities. He can be reached at midas.sohn@nhqv.com. -- Ed. At Everybot, earnings growth is being led by the firm’s high-end robot mop. New products such as a low-end robot mop and a robot vacuum cleaner are set for release in 3Q22. On the back of lineup
The author is an analyst of KB Securities. He can be reached at joonsop.analyst@kbfg.com. -- Ed. Maintain BUY, target price of KRW75,000 We maintain BUY and TP of KRW75,000 for SK telecom. Investment points are as follows:(1) All of the company’s five businesses are seeing high growth.(2) Mobile pro
The author is a strategist of NH Investment & Securities. He can be reached at lawrence.kim@nhqv.com. -- Ed. Economic outlook: Weakening of economic momentum- Economic outlook: Economic momentum should weaken in 2H22, as: 1) supply chains remain disrupted; 2) galloping inflation should push down rea
Hyundai Motor Group’s three key affiliates -- Hyundai Motor Co., Kia Corp. and Hyundai Mobis -- will invest a total of 63 trillion won in Korea by 2025, the group announced on May 24.The domestic investment plan was announced two days after the group's chairman Chung Eui-sun disclosed a plan to
SK On will set up its own educational platform to nurture battery experts.A subsidiary of SK Innovation, the company is engaged in production and R&D of electric vehicle batteries, energy storage systems (ESSs) and the Battery as a Service (BaaS) business.The advent of the electrification era is acc
Hyundai Glovis announced on May 19 that it has recently established a subsidiary in Thailand to provide logistics services to local companies.The company launched Hyundai Glovis Logistics Thailand in cooperation with its two local partners. As Thailand limits the proportion of foreign investment in
Uncertainty is hanging over Samsung Electronics as the outgoing President Moon Jae-in did not pardon vice chairman Lee Jae-yong and labor-management conflict is deepening. Accordingly, Samsung Electronics may suffer a setback in promoting its new businesses that require bold investment and quick dec
Global IT companies are joining environmental protection efforts by using recycled materials and reducing packages.Samsung Electronics is producing products with discarded fishing nets in the Indian Ocean. According to experts, the amount of the waste is increasing by 640,000 tons a year across the
KT announced on April 17 that it signed an MOU with Deep Brain AI, a company specializing in virtual humans, for cooperation in expanding its Giga Genie business.KT plans to combine its Giga Genie with Deep Brain AI's virtual humans to create Giga Genie AI Human. Then, they will apply their crea
Hyundai Movex, a subsidiary of Hyundai Elevator, has commercialized the world’s first robot elevator.The company announced on April 14 that it has supplied Roboport, a robot-only inter-floor transport system, to Naver’s new office building “1784.” Roboport is a dedicated elevator for about 100 robot
A total of 10 startups attracted an investment of at least 100 billion won each in the first quarter of this year. The annual investment is expected to reach a new high this year, given that the number was 19 in 2021.The total startup investment was 3.1424 trillion won in the first quarter of this y
KT has released two types of AI quarantine robots in a bid to expand its presence in the rapidly growing robot service market.The company introduced the two robots, one in small size and the other in large size, through an online meeting held on March 30. They both offer ultraviolet C (UVC) steriliz
Boston Dynamics' quadrupedal robot ''Spot'' will be put into operation at firefighting sites in the United States.According to the New York Times on March 17, the New York Fire Department (FDNY) signed a contract with Boston Dynamics to purchase two Spot units. The canine robot i
KT announced on March 16 that it has signed a strategic business agreement with MenuTalk, a company specializing in an unmanned ordering platform, to promote the use of artificial intelligence (AI)-powered service robots.MenuTalk is a company that develops solutions and IoT software for restaurants.