Kolmar Korea, a cosmetics ODM company in Korea, has acquired the Kolmar brand trademark from the Kolmar Group of the United States.Kolmar Korea Holdings announced on May 17 that it has acquired all Kolmar trademark rights from the Kolmar Group. They agreed to keep the acquisition price under wraps.“
The author is an analyst of KB Securities. He can be reached at joonsop.analyst@kbfg.com. -- Ed. 1Q22 consolidated revenue of KRW3.41tn (-0.2% YoY), OP of KRW261.2bn (-5.2% YoY)— LG Uplus posted 1Q22 consolidated revenue of KRW3.41tn (-0.2% YoY) and OP of KRW261.2bn (-5.2% YoY), which is in line wit
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed. Amid low demand for handset replacement, competition in the telecom industry is stabilizing. Also, as sales growth is continuing on the expansion of 5G penetration, OP growth should sustain. SKT’
Samsung Electronics Co. has released a white paper that lays out the company’s vision for securing global frequency bands for 6G, the next generation communications technology. The paper, titled “6G Spectrum: Expanding the Frontier,” discusses ways to obtain the spectrum needed to achieve the compan
The author is an analyst of KB Securities. He can be reached at cygun101@kbfg.com. -- Ed. Expectations remain intact but difficult to confirm with just 1Q22 earnings— We have two main expectations for KakaoBank:1) Outstanding product competitiveness and market penetration with rapid lending growth b
The author is an analyst of Shinhan Investment Corp. He can be reached at sanghoonpure.cho@shinhan.com. – Ed. Trailblazer in dawn delivery serviceKurly started off as an online grocery retailer in end-2014 and introduced the world’s first dawn delivery service in 2015. The company's dawn deliver
The author is an analyst of KB Securities. She can be reached at hyejung.jung@kbfg.com. -- Ed. KEPCO shares up 8.55% on possibility of electricity rate hikes — The Presidential Transition Committee announced five key measures for the normalization of energy policies, highlighting the need for a cost
The author is an analyst of NH Investment & Securities. He can be reached at minwoo.ju@nhqv.com. -- Ed. Earnings volatility due to LCD panel price movement continues, but the extent of volatility has significantly decreased. We expect LGD’s profit levels to strengthen on expanding OLED penetration i
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed. KT continues to expand its media, content, and B2B arms, backed by stable revenue at its wireless business. K-Bank and Millie’s Library are scheduled for IPO in 2H22, and KT’s new businesses shou
The author is an analyst of NH Investment & Securities. He can be reached at esshim@nhqv.com. -- Ed. Samyang Optics is a maker of third-party interchangeable lenses used in DSLR and mirrorless cameras. The interchangeable lens market is set for rejuvenation on a rise in outdoor activity, a rebound i
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed. Prospects look bright for SKT, with its 5G subscriber number exceeding 10mn, 5G handset penetration rate surpassing 45%, and wireless sales climbing steadily. With major costs stabilizing for the
Samsung Electronics is accelerating its penetration into the Indian market by releasing an array of budget smartphone models.The company has recently launched new models of the Galaxy A series, including the Galaxy A03, A13, A23, A33, A53 and A73, the Galaxy F23 and the Galaxy M33 in the Indian mark
The author is an analyst of NH Investment & Securities. He can be reached at jack.baek@nhqv.com. -- Ed. Hyundai Ezwel is the largest employee welfare platform operator in Korea. As company welfare budgets are unlikely to contract, a stable sales increase is expected from the firm’s existing clients.
The author is an analyst of NH Investment & Securities. She can be reached at jiyoony@nhqv.com. -- Ed. We suggest a Positive rating for the textile & apparel industry. The domestic fashion market is estimated to grow 6% y-y this year, backed by: 1) strong growth at vertical fashion platforms; 2) an
The author is an analyst of Shinhan Investment Corp. He can be reached at sanghoonpure.cho@shinhan.com. – Ed. KT&G’s earnings growth this year will hinge on exports of heat-not-burn (HNB) cigarettes through partnership with Philip Morris International. The company currently exports HNB cigarettes to
LG Energy Solution announced on Feb. 17 that it has acquired a 100 percent stake in NEC Energy Solutions, an energy storage system (ESS) system integration (SI) company, from its parent company, NEC Corp. in Japan.LG Energy Solution will establish a new corporation named LG Energy Solution Vertech.
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed. Following the spin-off into SKT and SK Square, the wired and wireless telecommunication domains remain SKT’s main focus. That said, we expect SKT to start in earnest marshalling its stable cash f
The author is an analyst of Shinhan Investment Corp. He can be reached at sanghoonpure.cho@shinhan.com. – Ed. 4Q21 results in line with market consensusHiteJinro posted sales of KRW544.9bn (+5.5% YoY) and operating profit of KRW33.7bn (+41.2% YoY) for 4Q21, meeting the market consensus. Although det
Samsung Electronics, the No. 1 player in the global TV market, is speeding up its transition to OLED TVs, fueling expectations for a rapid expansion of the OLED TV market in 2022.According to market research firm Omdia, QD-LCD TV sales are expected to fall 3.1 percent to US$17.674 billion (about 21
Samsung Electronics, Apple, and Xiaomi are expected to heat up competition in the Indian smartphone market in 2022.Smartphone shipments hit 169 million units in India in 2021, said Counterpoint Research, a market research company, on Feb. 9. India ranked second after China (323 million units). Smart