The authors are analysts of NH Investment & Securities. They can be reached at hwdoh@nhqv.com and jiyong.im@nhqv.com, respectively. -- Ed. During their 1Q22 earnings calls, big tech firms in the US announced that they would scale up 2022 investment in AI and cloud services. As a result, demand for s
Samsung Electronics’ mobile products are becoming more and more expensive. It is now an old saying that Apple products are expensive and Samsung Electronics products have excellent cost-performance ratio. As Samsung is expanding its product lineup with high-end models, the overall price is on the ri
The author is an analyst of NH Investment & Securities. He can be reached at esshim@nhqv.com. -- Ed. NHN KCP conducted an NDR for institutional investors over Apr 18~19. Despite concerns over slowing online market growth in the post-pandemic era, the firm’s earnings expansion should continue on the
SK Telecom announced on April 10 that it has completed the development of an artificial intelligence-based post-production (AIPP) platform to facilitate exports of Korean content.The platform was developed in collaboration with New ID, a digital content and platform distribution company in Korea.The
SK Telecom and KT are competing for supremacy in artificial intelligence (AI) voice recognition services for vehicles. SK Telecom expanded its territory last year by joining hands with Volvo. Then, KT partnered with Mercedes-Benz, which ranks first in the Korean imported car market. SK Telecom respo
The author is an analyst of KB Securities. She can be reached at shinay.park@kbfg.com. -- Ed. Acquisition aimed at securing new growth engine — On Mar 22, HDS announced that it would acquire a 35.8% stake in furniture/mattress company Zinus for KRW894.7bn (KRW774.7bn in shares held by founder Lee Yu
Coupang has been named the world’s fastest-growing retailer for the second consecutive year. The company also jumped to seventh place in the rankings of global e-commerce companies.Coupang grew 66 percent annually on average from fiscal year 2015 to 2020, the fastest among the world's top 50 rap
Bloomberg NEF reported on March 13 that global enterprises’ power purchase agreement-based renewable energy purchase increased from 25.1 GW to 31.1 GW last year.The agreement for a direct transaction is made between an enterprise and a power generator using renewable energy. It is regarded as one of
Samsung Electronics is on the verge of losing its clients to TSMC and Intel amid intensifying competition in the global foundry market.Nvidia is planning to unveil RTX40 GPUs in September, which are 5-nm products and sequels to RTX30 released in September 2020. 100 percent of RTX30 has been produced
Samsung SDS is gearing up to penetrate the global cloud managed service provider (MSP) market in earnest.The company announced on Feb. 17 that it has formed a strategic mutual cooperation partnership with Amazon Web Services (AWS) to participate in AWS Exclusive Global Business Network. The network
Starting with an artificial intelligence (AI) speaker partnership with Amazon, KT is expanding the scope of cooperation with Amazon. In the process of KT’s transition to a digital platform company (Digico), this partnership is expected to provide a bridgehead for KT to explore overseas markets.KT an
Naver is planning to open an in-house hospital next month. According to the company, the hospital will be a paperless hospital and a test bed for its healthcare business expansion. The company is also planning to acquire 10 percent of ezCaretech by investing 30 billion won. ezCaretech provides elect
LG CNS has joined hands with Amazon Web Services (AWS) to offer upgraded cloud services for corporate clients.LG CNS announced on Feb. 8 that it has signed a strategic cooperation agreement with AWS to offer upgraded services for application modernization. It targets the systems and services of corp
The author is an analyst of NH Investment & Securities. He can be reached at esshim@nhqv.com. -- Ed. Spigen Korea’s earnings and share price had been on the decline since 3Q20 (where temporary hand sanitizer-related sales towards US were generated). However, we believe that the company’s earnings ha
Experts point out that the National Cyber Security Act, which is pending in the National Assembly, will undermine the information and communication technology industry of South Korea when enacted.At present, the National Cyber Security Center of the National Intelligence Service (NIS) is in charge o
Corporate interest in private 5G networks is growing. Private 5G or local 5G refers to 5G communication networks built and operated by businesses in limited areas to utilize 5G's high speed, ultra-low latency and ultra-connectivity.Earlier, at the end of 2021, Naver Cloud was selected as the fir
Naver has recruited young scholars, including a professor at the Massachusetts Institute of Technology (MIT), to upgrade its AI-powered search services.The company announced on Jan. 24 that it has recently recruited Professor Kim Yoon-hyung of MIT and Professor Karl Stratos of Rutgers University as
Chinese cloud service providers are expanding their business in South Korea one after another with the market being led by Amazon Web Services. Under the circumstances, data sovereignty is becoming an important issue.Alibaba Cloud, which entered the South Korean market in 2016, is planning to open i
Samsung Electronics and Apple are preparing to launch tablet PCs that are much bigger than current models. The move is intended to expand table PC ecosystems by targeting a market segment for products with large screens.Samsung Electronics is preparing to launch the Galaxy Tab S8 Ultra with a 14.6-i
Chinese big tech firms are entering the cloud market of South Korea one after another. Tencent Cloud Korea announced on Dec. 22 that its business grew more than 100 percent this year and its investment would continue to increase next year.Tencent Cloud built its first data center in South Korea a co