The demand for high-performance memory semiconductors essential for AI chips is experiencing explosive growth due to the escalating demand for AI chips among global tech companies involved in the cloud server business. Consequently, there are high expectations for the upcoming business prospects of
The author is an analyst for NH Investment & Securities. He can be reached at dongyang.kim@nhqv.com -- Ed.Backed by an accelerated digital transformation, mid/long-term growth prospects at Hyundai Autoever’s strategic businesses remain valid. The firm is beefing up: 1) its smart mobility capabilitie
ONDA, a South Korean hospitality technology company, is making inroads into the Turkish hotel solutions market. This expansion is fueled by a strategic partnership with CMH Solutions, a top player in the Turkish hotel and resort industry.ONDA (CEO Hyun-seok Oh) announced it has signed a Memorandum o
KT Group will invest 15 billion won in Moreh, a Korean artificial intelligence (AI) infrastructure software company. The company plans to make a major change in domestic AI service and solution ecosystems that rely on Nvidia’s software by joining forces with companies with unique technologies in the
Singapore’s sovereign wealth fund, GIC, is teaming up with domestic institutional investors to undertake a substantial data center project. Despite challenging investment market conditions due to factors like consecutive interest rate hikes, data centers are gaining popularity as a stable and attrac
U.S. chipmakers including Intel, Qualcomm, and Nvidia have reacted to U.S. President Joe Biden’s anti-China semiconductor export control policy. They have begun to speak about the news that the Biden administration is preparing additional semiconductor export control measures amid the escalating con
Samsung Electronics has slipped to fourth place in global semiconductor market capitalization rankings, surpassed by U.S.-based fabless semiconductor firm Broadcom. Non-memory companies such as Nvidia and Broadcom are expanding their territories through massive investments and mergers and acquisitio
The Semiconductor Fabless Alliance, involving semiconductor demand companies and supply companies, has been established. The objective of the alliance is to promote synergy among enterprises and strengthen industrial competitiveness by developing semiconductors based on domestic finished products th
The author is an analyst for NH Investment & Securities. She can be reached at jiyoony@nhqv.com -- Ed.We expect FILA Holdings to report consensus-missing 2Q23 results, affected by widening losses at the US business. Although design commissions and royalties should remain stable, we trim our earnings
LS Cable & System announced on July 5 that it has commercialized the world’s thinnest 10 Gigabit (CAT.6A) LAN cable with an outer diameter of 6 mm.The outer diameter has been reduced by about 20 percent compared to other general-purpose products (7.2 mm). This enables workers to increase the number
The Fair Trade Commission is reportedly conducting a survey on subcontract transactions targeting major game companies in Korea.According to the IT industry on June 28, the Fair Trade Commission recently started on-site investigations into major domestic game companies. In January, the Fair Trade Co
Huawei has shown up in full force for MWC Shanghai 2023, with their activities all falling under their theme of "GUIDE to the Intelligent World". This year, the company's activities include an experiential tour that takes audiences to multiple cities to learn about their technology and business,
At the opening day of MWC Shanghai 2023 today, Sabrina Meng, Huawei's Rotating Chairwoman and CFO, gave a keynote outlining the value that 5G has generated throughout its first four years of commercial use.“5G is already well on its way to driving business success,” said Meng. “It's transfor
Samsung Electronics will develop automotive semiconductors in tandem with software developer Wind River. Wind River is an affiliate of U.S. autonomous driving technology developer Aptiv, which has a partnership with Hyundai.According to industry sources on June 27, Samsung Electronics will use Wind
Fifteen companies, including GoPizza and Mathpresso, were selected as this year’s prospective unicorns after overcoming an 8-to-1 competition ratio. This year, a new global category was created for the could-be unicorns, and many startups that could play an active role in the overseas stage were sel
The government, domestic AI semiconductor, and cloud industries are teaming up to challenge the dominance of Nvidia, adopting a strategy to respond to the generative AI era with ultra-fast, low-power domestic AI semiconductors like what ChatGPT uses.On June 26, Lee Jong-ho, minister of science and I
The author is an analyst for Shinhan Securities. He can be reached at byeongsu.kim@shinhan.com -- Ed.Leading IT service provider for the finance industryITeyes is an IT service provider founded in 2012, which saw its business grow along with rising demand for building workflow management systems fro
Nvidia’s stock price has nearly doubled since the beginning of the year due to the artificial intelligence (AI) craze. Therefore, the U.S. semiconductor company surpassed US$1 trillion (about 1,275 trillion won) in market capitalization at the close of trading on June 13 (local time), becoming the s
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
KT, the South Korean telecommunications giant, announced that it will host an exhibition for domestic ICT innovation companies at Viva Technology 2023 (VivaTech), Europe's largest startup exhibition held annually. The company aims to assist these firms in their entry into the European market.The