In 2012, Samsung Electronics and Apple had a big patent battle over the “slide to unlock” smartphone technology. Now eight years later, the two smartphone giants are both facing a patent infringement suit over the slide-to-unlock function filed by Neonode, a Swedish display company that acquired a p
Even though Renault Samsung Motors’ sales have been worsening, its labor union has renewed its attack on the management for delaying collective bargain and wage negotiations and moving to sell direct service centers. The labor union is turning a deaf ear to reports of labor-management cooperation at
The author is an analyst of NH Investment & Securities. He can be reached at ryan.ra@nhqv.com. -- Ed. Following Conjuran’s inclusion under national health insurance coverage from March, Pharma Research Products has seen sales of the injection expand strongly. In 2Q20, Rejuran sales have likely shot
The author is an analyst of NH Investment & Securities. He can be reached at ryan.ra@nhqv.com. -- Ed. Government pulls licenses for three Meditoxin productsOn Jun 18, Korea’s drug ministry decided to revoke product licenses for 50-unit, 100-unit, and 150-unit Meditoxin products. These three Meditoxi
The author is an analyst of NH Investment & Securities. He can be reached at ryan.ra@nhqv.com. -- Ed. Beauty care players’ share performances remain relatively insulated from Covid-19 crisisCovid-19 has wreaked havoc across a range of industries, including travel, transportation, and DFS. Export-ori
The author is an analyst of NH Investment & Securities. He can be reached at ryan.ra@nhqv.com. -- Ed. The beauty care industry is expected to benefit from an ongoing change in consumption patterns towards well-being. In Korea, a clear preference for non-invasive, or at least less-invasive, procedure
The Ministry of Economy and Finance announced that it would issue 3.1 trillion won of three-year government bonds next month along with 2.7 trillion won of five-year, 3.3 trillion won of 10-year, 1.2 trillion won of 20-year, and 3.3 trillion won of 30-year.“Preferential allocation is applied to ordi
The Bank of Korea announced on June 25 that South Korea’s labor productivity in the period of 2009 to 2017 fell 1.72 percentage points as compared with the period of 2002 to 2008.Between the two periods, OECD member countries posted an average decline of 0.54 percentage point and those of Germany, t
The Sandbox Support Center of the Korea Chamber of Commerce and Industry (KCCI) announced on June 25 that the Ministry of Trade, Industry and Energy approved temporary deregulation on non-face-to-face medical treatment for South Korean nationals outside their home country, wireless automobile softwa
The Korean government announced on June 25 a set of plans to improve financial sector taxation. The plans are intended to make financial sector taxation simple and fair enough to promote investment in financial products. They were disclosed at the 8th Meeting of the Central Economic Response Headqua
Kia Motors ranked number one in the industry on June 24 by J.D. Power in the 2020 U.S. Initial Quality Study (IQS), with a reported 136 problems per 100 vehicles. And for the sixth consecutive year, Kia is the number one mass-market automotive brand. “An exceptional run,” said Dave Sargent, vice pre
SK Telecom announced on June 25 how its Nugu Care Call, an artificial intelligence (AI)-powered automated check-in call service, is enhancing the work efficiency of healthcare professionals during the COVID-19 pandemic.Launched a month ago in Korea, Nugu Care Call is a service where SK Telecom’s AI,
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. Changing both the base year (to 2021F) and the method for our valuation, we raise our TP on KH Vatec. As the global leader in the foldable smartphone hinge market, the firm’s shares warrant a valu
The author is an analyst of Shinhan Investment Corp. He can be reached at shawn1225@shinhan.com. -- Ed. Licensing-out deal worth KRW4.7tr signed with a global top 10 pharmaAlteogen disclosed on June 24 that it has entered into a global license agreement with a top 10 pharmaceutical company for use o
The author is an analyst of NH Investment & Securities. He can be reached at ys.jung@nhqv.com. -- Ed. 1) Solar energy marketSolar energy installations to slide for first timeGlobal solar energy installations are projected to slip 7% y-y to 110GW in 2020. While more than 130GW in installations was ex
The author is an analyst of NH Investment & Securities. He can be reached at ys.jung@nhqv.com. -- Ed. EU announces European Green Deal roadmapIn Dec 2019, the EU announced the European Green Deal roadmap, including policies in a range of areas (eg, industry and trade) aimed at reducing greenhouse ga
The author is an analyst of NH Investment & Securities. He can be reached at hwdoh@nhqv.com. -- Ed. Apple unveiled its own PC processor at the recent WWDC, an advance that will empower it with greater control over the development of its PC products. The rapid drive at big-name IT players to develop
The author is an analyst of NH Investment & Securities. He can be reached at ys.jung@nhqv.com. -- Ed. CS Bearing supplies wind turbine bearings to global top-tier wind turbine maker GE. In addition to capacity expansion in Vietnam, CS Bearing is also focusing upon expanding its client base via its l
SK Biopharm’s stock subscription on June 23 and 24 attracted a deposit of 30,988.9 billion won and ended with a competition rate of 323.02:1. A total of 1,264.85 million applications were made for 3,915,662 general subscription shares. The deposit is an all-time high. The previous high is Cheil Indu
The Bank of Korea announced on June 24 that the ratio of the private-sector credit to the nominal GDP reached 201.1 percent at the end of March this year, topping 200 percent for the first time in history. The ratio increased by 4.1 percentage points in three months to show the highest rate of incre