The Federation of Korean Trade Unions (FKTU) has accepted the proposal of the Korean Confederation of Trade Unions (KCTU) for tripartite dialogues and the two umbrella labor groups are about to be at the same negotiating table in 21 years. The KCTU held a press briefing on May 12 and re-emphasized t
The National Assembly announced on May 11 that its Science, ICT, Broadcasting and Communications Committee passed a Telecommunications Business Act amendment and its Legislation and Judiciary Committee is about to handle it. The purpose of the amendment is to force certain content providers to maint
The author is an analyst of NH Investment & Securities. He can be reached at soohong.cho@nhqv.com. -- Ed. Chinese auto demand is recovering from the impact of Covid-19. However, the pace of Hyundai Motor Group's recovery has been relatively slow in China compared to that in other regions. In 2H2
The COVID-19 pandemic is giving opportunities for South Korean biotech companies to prove their technological excellence. Their multiple diagnostic reagents have obtained emergency use authorizations from the U.S. FDA and the world’s first COVID-19 antibody drug is expected to come out in South Kore
China has officially recognized Korea Ginseng Corporation’s Cheong Kwan Jang as a well-known brand. This means the brand is eligible for special protection by the Chinese government.China is where South Korean companies apply for the largest number of trademarks and their intellectual property right
While Samsung Electronics' Consumer Electronics (CE) Division's display purchases have been halved over the past two years, its TV sales have increased 1.5-fold. This means that the main determinants of the company’s TV competitiveness are system-on-chip (SoC) and quantum dot (QD) technologi
As the U.S. and Japanese governments are pushing for “semiconductor self-sufficiency” in the wake of the spread of COVID-19, attention is being paid to its impact on South Korean semiconductor companies such as Samsung Electronics and SK Hynix. In particular, as both the U.S. and Japan are seeking t
The author is an analyst of NH Investment & Securities. He can be reached at jinmyung.choi@nhqv.com. -- Ed. Hanwha Systems’ 1Q20 results confirm that its sales and business operations stand clear of damage from Covid-19. The firm’s defense business benefited domestic defense budget expansion, and ea
The author is an analyst of NH Investment & Securities. He can be reached at soohong.cho@nhqv.com. -- Ed.In the short term, prospects for Mando look positive thanks to Chinese auto market recovery. However, whether Mando can successfully grab business opportunities and establish a position for itsel
American patent trolls initiated a large number of patent lawsuits against South Korean companies last year. They tried to keep major IT companies in check by filing suits against Samsung Electronics, LG Electronics and other companies.The Korean Intellectual Property Office (KIPO) announced on May
The authors are analysts of Shinhan Investment Corp. They can be reached at hyungwou@shinhan.com and ym.ko@shinhan.com, respectively. -- Ed. Sharp rebound expected in 3Q20 after steep nosedive in 2Q20Samsung Electro-Mechanics is expected to post sluggish earnings for 2Q20, with operating profit to c
The author is an analyst of Shinhan Investment Corp. He can be reached at jinmyung.lee93@shinhan.com. -- Ed.1Q20 operating loss of KRW86bn (negative swing QoQ) far short of consensusLotte Chemical posted an operating loss of KRW86bn (negative swing QoQ) for 1Q20, far steeper than the consensus estim
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed. Due to Covid-19, revenue growth at both the web-board game business and payment & ad division was notable in 1Q20. We anticipate that online activity and payments will remain strong even after Co
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed. In 2020, LG HelloVision should prove synergy effects from the combining of IPTV and CATV businesses. However, earnings improvement stemming from such synergies is unlikely to appear until 2021.Ea
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed.SkyLife is working actively to offset the shortcomings inherent to satellite broadcasters. We advise keeping an eye on positive developments, such as a strengthening in content competitiveness, th
Mirae Asset Global Investments announced on May 11 that it has decided to respond to the lawsuit recently filed by Anbang Insurance in the United States in partnership with international arbitration firm Peter & Kim, business disputes specialist Quinn Emanuel, South Korean law firm Yulchon, and Gree
The author is a cybersecurity advisor and a contributing writer at Surfshark. She specializes in network security, virtual private networks, and privacy-related issues. She is an engineering professional holding a Bachelor’s degree with a focus on information security from the University of Reading.
HMM announced on May 10 that its world's largest containership, ‘the Algeciras,’ set a new world record by leaving Yantian, China fully filled with container boxes.The Algeciras made a call at Busan New Port on April 28, loaded 7,156-TEU cargoes and departed on April 30. After that, the ship arr
Unlisted stock trading services using blockchain technology are in full swing. Based on the government’s pilot project and a financial regulation sandbox, the financial sector including KOSCOM and blockchain companies is launching services one after another. Many expert say that that blockchains whe
Samsung Electronics and SK Hynix are expected to benefit in the server chip market with Amazon, Facebook, Microsoft and Google having increased their data center investment by approximately 40 percent.JPMorgan Chase & Co. said in its recent report that the four American companies’ Q1 facility invest