Pernod Ricard Korea announced that it will open its world’s No. 1 Irish whisky Jameson ‘Distillery on Tour,’ a pop-up space recreating the essence of the Jameson Distillery in Dublin. The pop-up will run until August 23 in the atrium on the first floor of Seoul’s landmark Lotte World Mall.Distillery
On July 28, Doosan Enerbility completed a continuous 240-hour operational test of its first domestically produced gas turbine engine with 270 MW output and initiated commercial operation at the Gimpo Combined Heat and Power Plant operated by Korea Western Power (KOWEPO). Through this achievement, KO
With superior image quality compared to Liquid Crystal Display (LCD) TVs, the Organic Light Emitting Diode (OLED) TV market, having entered a robust growth phase, is seeing a rise in ultra-large models, those 70 inches and above. This trend reflects the growing preference in the TV market for ultra-
LG Display announced that it will hold a conference call to announce its earnings for the second quarter of this year on July 26. The display giant added that it was proceeding with its investment in 6th-generation IT organic light-emitting diode (OLED) displays as scheduled.“We are proceeding with
Global brand Chevrolet starts full-fledged sales today with the official launch of ‘THE NEW TRAILBLAZER’ in Korea.Debuted in the global market in 2020, the Chevrolet Trailblazer is a model that sets the standard for a premium compact SUV with unique designs that can be selected according to consumer
Aiitone (CEO Jin Yeop Lee, 230980), a KOSDAQ-listed company, recently successfully completed the performance test of their block chain acceleration engine.It was announced on the 19th that Aiitone, a company specializing in web 3.0 technology, recently requested the Korea Telecommunications Technolo
The author is an analyst for NH Investment & Securities. He can be reached at jooyh@nhqv.com -- Ed.We lower our TP on HiteJinro to W28,000 to reflect increased marketing expenses following the launch of its Kelly brand. That said, we believe earnings concerns as already being baked into the share pr
Aiitone, a KOSDAQ-listed company, participated in the first global STO (Security Token Offerings) forum held in Korea and presented a blueprint for the era of STOs.Aiitone (230980, CEO Jin Yeop Lee), a fintech company based on block chain technology, participated in the Tokenomy Korea 2023 Internati
On the 50th anniversary of World Environment Day, Huawei and IUCN highlighted smart solutions for supporting effective and fair management and governance of protected and conserved areas, and the growing importance of technology in tracking threatened species and protecting their natural habitats.Hu
Over 98% of the investors holding a large quantity of short-selling shares in South Korea's stock market are foreign investors, it has emerged. A “large quantity” is defined as 0.5% or more of the total listed shares of a particular item, or a value exceeding 1 billion won (US$773,703).According
A team led by Professor Seo Young-duk of the Department of Chemistry at Ulsan National Institute of Science and Technology (UNIST) announced on June 1 that they have discovered the phenomenon and principle of a sustainable "nanocrystalline bidirectional optical switch."The team has developed the cor
The author is an analyst for NH Investment & Securities. He can be reached at jiyoony@nhqv.com -- Ed.The Nature Holdings’ OP for 1Q23 came in sluggish due to both a higher COGS-to-sales ratio and greater labor costs for advertising and new brands. But, the overseas sales portion for NG has been on a
Hana Financial Group announced at the United Nations Environmental Programme Finance Initiative (UNEP FI) Asia-Pacific Roundtable held in Korea that it will take the lead in "expanding investments in the field of biodiversity" for sustainable finance in the Asia-Pacific region. The UNEP FI is an int
The author is an analyst for Shinhan Securities. He can be reached at jinmyung.lee93@shinhan.com -- Ed.Chemical sector at the crossroads of survivalThe petrochemical sector is cyclical in nature, where profits generated during an up- cycle are invested during a down-cycle to prepare for the next boo
The author is an analyst for Shinhan Securities. He can be reached at hpark@shinhan.com -- Ed.Qualitative growth to continue in Korea’s consumer industriesKorea’s capital city Seoul has hosted the fashion shows of global high-end luxury brands Louis Vuitton, Gucci, and Burberry for a second consecut
The author is an analyst for NH Investment & Securities. She can be reached at jiyoony@nhqv.com -- Ed.We expect textile/apparel sector valuations to normalize in 2H23. Domestic textile/apparel stocks have experienced de-rating since 2H22, affected by: 1) economic slowdown; 2) slowing consumption, an
The author is an analyst for NH Investment & Securities. He can be reached at jaekwang.rhee@nhqv.com -- Ed.Based on confirmed orders, earnings growth at Hanwha Aerospace is to be driven by exports of the K9 and K239 MLRS. When development of the KTSSM-II with increased range wraps up, the K239’s exp
Coway, the "Best Life Solution Company," announced today that it has won 3 awards in the Product category at the International Forum (iF) Design Award, marking the company's 16th consecutive year of winning this prestigious award.The iF Design Award, founded in 1953 as Die Gute Industrieform e.V
The world has a plastic problem. This was the clear realization that drove Konrad Becker and his three co-founders in 2021 to establish Would You Love (WYL), a Seoul-based startup with a mission to make the world more sustainable. Motivated by reports that Korea was responsible for some of the world
The author is an analyst of NH Investment & Securities. He can be reached at minjae.lee@nhqv.com -- Ed.For constructors, OP consensus has proven relatively inaccurate compared to that for sales, with actual OP often missing the market projection due to external variables. Currently, 2023 OP consensu