The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed. Since the outbreak of Covid-19, game companies have seen a rise in both gaming hours and sales. However, the content consumption cycle has also been accelerated, and demand for new games is incre
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed.In the wake of the global Covid-19 pandemic, consumption patterns have changed drastically towards non-face-to-face platforms. And, with people having become more familiar with online life using I
The author is an analyst of NH Investment & Securities. She can be reached at mj27@nhqv.com. -- Ed. We believe that this year will mark the start of an earnings uptrend for Nongshim in line with both domestic consumer migration back to tried and true instant noodle favorites and greater consumption
The author is an analyst of NH Investment & Securities. He can be reached at dongyang.kim@nhqv.com. -- Ed. Backed by: 1) stricter RPS quotas; and 2) the government’s hydrogen-economy roadmap, the domestic fuel cell market for power generation should enjoy healthy growth moving ahead. Thanks to the g
The Ministry of Economy and Finance announced on June 16 that South Korea ranked 23rd out of 63 countries in this year’s IMD national competitiveness index. The country climbed five notches in one year, the greatest improvement since 2000. In the group of 28 countries with a population of at least 2
U.S. Secretary of Defense Mark Esper remarked on June 15 that the United States would respond to the threat of the Chinese Communist Party together with every ally and partner in the Indo-Pacific region, including South Korea. He also reconfirmed the joint efforts of the United States and South Kore
The author is an analyst of NH Investment & Securities. He can be reached at soohong.cho@nhqv.com. -- Ed. Global auto demand outlookIn April, global auto sales fell to 3.97mn units (-44.8% y-y), showing a steeper y-y decline versus the March level (-37.9% y-y), weighed upon by lockdown measures sinc
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed.Global smartphone sales are estimated to drop 20.4% y-y to 562.3mn units in 1H20 due to the Covid-19 pandemic; however, demand is to improve from June thanks to the lifting of lockdowns and stimulu
The author is an analyst of NH Investment & Securities. He can be reached at j.ko@nhqv.com. -- Ed. Chinese LCD makers are to continue expanding their production capacities in order to increase M/Ss. Despite Covid-19, their investment plans remain unchanged. Globally, the number of 8G-and-above LCD f
The author is an analyst of NH Investment & Securities. He can be reached at j.ko@nhqv.com. -- Ed. Samsung SDI’s valuations and share price performance are both closely linked to its xEV rechargeable battery business earnings. The firm’s rechargeable battery domain has successfully strengthened/expa
The author is an analyst of NH Investment & Securities. He can be reached at j.ko@nhqv.com. -- Ed. Rechargeable battery demand should climb from 211GWh in 2020 to 1,390GWh by 2025. Demand for rechargeable batteries for xEVs (passenger vehicle basis) is forecasted to grow from 118GWh in 2020 to 1,012
The author is an analyst of NH Investment & Securities. He can be reached at hwdoh@nhqv.com. -- Ed. We expect SK Hynix to post 2Q20 OP of W1.5tn (+87% q-q). With time spent on non-face-to-face activities increasing due to Covid-19, data center demand likely rose in 1H20, offsetting sluggish mobile d
The author is an analyst of NH Investment & Securities. He can be reached at hwdoh@nhqv.com. -- Ed. In 3Q20, we expect memory contract prices for both DRAM and NAND to arrive flat q-q, with supply/demand remaining balanced. Global DRAM and NAND shipments should climb 3% q-q and 6% q-q, respectively.
The authors are analysts of Shinhan Investment Corp. They can be reached at snowKH@shinhan.com and swoong92@shinhan.com, respectively. -- Ed. 2Q20 OP forecast at KRW6.4bn (-7% YoY)We expect Chunbo to post sales of KRW38.9bn (+16% YoY) and operating profit of KRW6.4bn (-7% YoY) for 2Q20. Sales of bat
Samsung Electronics, Huawei, and Motorola are planning to launch new foldable phones in the second half of 2020. In addition, other smartphone manufacturers are also applying for patents related to foldable phones. n era of foldable phones' in the future.Samsung Electronics is going to take the
The Korea International Trade Association has recently submitted an official request to the U.S. Department of Commerce that Korean transformers be excluded from the national security threat investigation under Section 232 of the Trade Expansion Act initiated for imported transformers and components
KOSPI fell 2.04 percent to close at 2,132.3 points on June 12 amid concerns over COVID-19 recurrence and military tension between the two Koreas. Under the circumstances, warnings about asset bubbles are mounting.The recent recovery of the stock and real estate markets was based on the huge liquidit
The Korea Industrial Technology Association recently conducted a survey on 49 major companies and 1,296 smaller companies as to their preparations for digital transformation.According to the result of the survey, only 9.7 percent of those companies are actively pursuing digital transformation and 20
KT will make an equity investment in a robot development subsidiary of Hyundai Heavy Industries Group. The equity investment will pave the way for combining KT’s 5G and cloud technologies with the robot and smart factory technologies of Hyundai Heavy Industries Group.KT is seeking to acquire about 5
Hanwha Life Insurance has reorganized its operations to promote digital transformation and shift the focus to new businesses.The company announced on June 15 that it has reorganized its organization from 50 teams under 13 business headquarters to 65 teams under 15 business headquarters.What is notab