Hyundai Mobis (KRX 012330) a global automotive supplier, unveiled the “MOBION” electric vehicle (EV), equipped with the next-generation ‘e-Corner System’ motion technology, for the first time at CES 2024. During the exhibition, visitors and customers have the first-hand opportunity to experience MOB
Starting from the second half of this year, South Korean companies will have the option to settle export and import payments in Korean won when engaging in trade transactions with certain countries from the Association of Southeast Asian Nations (ASEAN). This move is expected to allow businesses to
After facing performance setbacks last year, Amorepacific is aiming for a rebound in the U.S. market this year.A report released by Kiwoom Securities on Jan. 5 forecasts that Amorepacific’s revenue for this year will be 4.2177 trillion won, with operating profits expected to be 406.1 billion won.In
Three mid-sized Korean-based automakers -- GM Korea, KG Mobility, and Renault Korea Motors -- exported eight out of every 10 units they sold last year, according to industry sources. These three companies, which exited the tunnel of losses by expanding exports, plan to solidify their rebound momentu
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
Blueprints of a submarine designed by Hanwha Ocean (formerly Daewoo Shipbuilding & Marine Engineering) have been leaked to Taiwan, with the police currently investigating the matter. The leaked submarine blueprints pertain to the DSME1400 model, a variant of the 209-class KSS-1 submarine. Three of t
The author is an analyst for NH Investment & Securities. He can be reached at pk.park@nhqv.com -- ed.Samsung Biologics should post healthy 4Q23 earnings. We attribute the firm’s recent share price rise to an easing of valuation burden (based on 2025F EV/EBITDA) and the potential for antibody market
AIMMO, securing clients including Bosch, Continental, Magna International, etc., takes a leap onto the global stage, accelerating its overseas expansion.The global AI data platform, AIMMO (Seung-Taek Oh, CEO), will participate in the world's largest information technology exhibition, 'CES 2024,' hel
"AI is All, FAST is Fast, Death of Linear TV, Content Format Shift, M&A, Advertising, Bundling"These are the keywords that will dominate the domestic and international media, broadcast communication, and entertainment technology markets in 2024.Direct MediaLab, The Core, and the Digital Industry Pol
SK hynix announced today that it will showcase the technology for ultra-high performance memory products, the core of future AI infrastructure, at CES 2024, the most influential tech event in the world taking place from January 9 through 12 in Las Vegas.SK hynix said that it will highlight its futur
As electric vehicles (EVs) loaded with Chinese batteries have finally been scratched off the list of EVs that can receive tax credits in accordance with the U.S. Inflation Reduction Act (IRA), voices are growing that the Korean battery industry may enjoy reflective benefits from it. However, a large
LS Cable Asia marks the first trading day of the new year under its revised name, LS Eco Energy. Listed on the Korea Exchange’s KOSPI market since Sept. 22, 2016, LS Eco Energy is strategizing to boost corporate value by venturing into new businesses like undersea cables and rare earth elements.Acco
President Yoon Young-jun of Hyundai E&C expressed his intention to focus the company’s capabilities more on overseas markets than the domestic market in the new year.In his New Year’s address on Jan. 2, President Yoon stated, “Despite the dark clouds over the construction market due to the triple ch
On Jan. 2, Kim Yoon, chairman of Samyang Group, announced, “The year 2024, marking the 100th anniversary of our foundation, will be the inaugural year of transformation for a new Samyang.”During the New Year’s ceremony at the Samyang Discovery Center in Pangyo, Chairman Kim emphasized three core man
The author is an analyst for NH Investment & Securities. He can be reached at sw.kang@nhqv.com -- Ed.We attribute the strong yield drop of 4Q23 to a reversal of the sharp r* increase fears of 3Q23, rather than bets on economic downturn. Of note, the Fed’s actual r* estimate was halved in 4Q23. For t
Hyundai Motor announced on Jan. 1 that its IONIQ 5 has been selected as “Car of the Year 2023” in Singapore. The prestigious award, hosted by Singapore's largest daily newspaper, The Straits Times, has been a significant automotive accolade in the region since its inception in 2003. Every year, newl
SK telecom is undergoing a complete transformation into an “Artificial Intelligence (AI) company,” expanding its global business ventures. Following an organizational restructuring in June, the company has now finalized a reorganization focused on strengthening AI and global business operations. Thi
Thirty-one electric vehicle (EV) models, or about 80% of all subsidized EV models in the United States this year, use Korean-made batteries, according to sources in the battery industry. This is an increase of 14 in seven months from 17 in April.The 31 subsidized EV models in the United States as of
On Dec. 28, the integrated company Celltrion will be officially launched. Celltrion is taking steps to leap into a global big pharmaceutical firm by merging with Celltrion Healthcare, which is responsible for global distribution.Celltrion and Celltrion Healthcare announced on Dec. 27 that they are i
HD Hyundai announced that it will build HD Hyundai’s artificial intelligence (AI) platform based on Google Cloud’s technologies and solutions.Through this collaboration with Google, HD Hyundai plans to accelerate its digital transformation by introducing generative AI technology to its core business