The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com -- Ed.In the first month of the game’s global launch, Com2uS has enjoyed strong sales of Summoners War: Chronicles. The key is to be whether this initial hit has staying power in the global market.Summon
The Exynos is an in-house AP of Samsung Electronics, but it was not used in the Galaxy S23 series launched this year. This is because the Galaxy S22 series for 2022 was embroiled in the game optimization service (GOS) controversy last year. The GOS lowers the performance of Galaxy devices when playi
Samsung Electronics will develop a graphics processing unit (GPU) optimized for a next generation version of its in-house mobile application processor (AP) Exynos. While strengthening ecosystems centered on the Exynos, the Korean semiconductor giant will focus on developing GPUs that determine smart
People Power Party lawmaker Yoo Kyung-jun remarked on April 6 that the Incheon International Airport is supposed to have 1,890 security guards but was understaffed by 390 as of the end of March.The airport has recently revealed serious security vulnerabilities. On March 26, two people from Kazakhsta
HD Hyundai Construction Equipment is drawing much attention as it starts solar power generation in India and China. In order to attain RE100, its overseas plants are procuring electricity on their own through solar power generation. RE100 is a global corporate renewable energy initiative bringing to
Samsung Electronics’ Foundry Business Division has started volume production of next-generation artificial intelligence (AI) chips in earnest, starting with foundry orders from Korean fables companies. Thanks to the growing AI chatbot craze fueled by the popularity of ChatGPT, the AI semiconductor m
It has been found that the U.S. government put the brakes on Korea Hydro & Nuclear Power’s plan to build a nuclear power plant in the Czech Republic.According to industry sources, KHNP reported information to the U.S. Department of Energy on Dec. 23 last year in order to get a permit to bid. The dep
The Korean shipbuilding industry is moving closer to achieving this year’s order-taking target based on stable orders. Korean shipbuilders are concentrating on boosting profitability by selectively winning orders for liquefied natural gas (LNG)-powered carriers, which are regarded as high-value ship
The author is an analyst of NH Investment & Securities. He can be reached at minjae.lee@nhqv.com. -- Ed.Although the decision to raise electricity and city gas rates in 2Q23 has been put on hold, investment focused on the need for rate hikes remains valid.EU energy market in last week of MarchOver M
The author is an analyst of Shinhan Securities. He can be reached at ldh@sinhan.com -- Ed.1Q23 preview: Sales recognition of ample order backlogHD Hyundai Electric is expected to have recorded sales of KRW501.9bn (+43% YoY) and operating profit of KRW35.2bn (+110% YoY) in 1Q23, beating the market co
The Ministry of SMEs and Startups announced on April 4 that it would invest 675 billion won (US$515 million) for the next five years so that the number of globally competitive small companies can reach 150 in the nuclear power industry.“The budget investment until 2027 includes 150 billion won [US$1
HD Hyundai Infracore held a ceremony in honor of starting “HX12 Hydrogen Combustion Engine No. 1” in the First Research Building of its headquarters in Incheon on March 29. The HX12 Hydrogen Combustion Engine is the first hydrogen combustion engine that produces zero carbon emissions while using exi
Samsung Electronics will re-load the Exynos, an application processor (AP) designed by Samsung Electronics, into its Galaxy smartphone series. This plan aims to dial up Samsung Electronics’ share in the smartphone AP market and reduce the production cost of Galaxy products.According to industry sour
The state government of Michigan approved US$123 million subsidies on March 28 as to the battery production partnership of Ford and CATL. According to industry sources, the power of the Inflation Reduction Act may be affected by similar approvals following one after another.At present, many state go
Hyosung Heavy Industries recently announced that it achieved 3.5101 trillion won (US$2.6752 billion) in sales and 143.2 billion won (US$109.1 million) in operating profit in 2022 thanks to a surge in global demand for power generation equipment. This represented an increase of 23.1 billion won (US$1
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com -- Ed.We expect LGE to post sound 1Q23 results on cost reduction effects. Full-fledged earnings expansion looks possible in 2H23 alongside expected stronger demand and decreased automotive electronics cos
Huawei released its 2022 Annual Report on March 31. The company reports steady operations throughout 2022, having generated CNY642.3 billion in revenue and CNY35.6 billion in net profits. Huawei continues to strengthen investment in R&D, with an annual expenditure of CNY161.5 billion in 2022, repres
At the beginning of 2023, the three major Korean battery makers have been cruising with high growth rates compared to the previous year. However, as Chinese companies showed explosive growth, LG Energy Solution was pushed down to third place.According to SNE Research on March 30, total batteries in
Foreign direct investment (FDI) in South Korea reached a record high of US$30.45 billion last year. The Ministry of Trade, Industry and Energy had a meeting with 10 foreign-invested companies on March 30 to discuss how to further improve investment environments.In the meantime, the Korea Chamber of
Doosan Mobility Innovation (DMI) announced on March 30 that it has signed a partnership with the Massachusetts Institute of Technology's Electric Vehicle Team (MIT EVT) to jointly develop motorcycles powered by hydrogen fuel cells.The hydrogen motorcycle to be developed by the two sides this tim