SK Hynix has regained the fifth spot in the global NAND flash market based on sales, beating Intel. However, as SK Hynix's NAND flash business is still in the red, some experts point out that the Korean chipmaker needs to increase investment to upgrade its technologies such as controller technol
The authors are analysts of Shinhan Investment Corp. They can be reached at sungjun.na@shinhan.com and doyeon@shinhan.com, respectively. -- Ed. Domestic production of large batch-type ALD equipment draws nearEugene Technology’s large batch-type atomic layer deposition (ALD) equipment is currently un
The author is an analyst of Shinhan Investment Corp. He can be reached at shawn1225@shinhan.com. -- Ed. Potential value of SC formulations and expansion of Hybrozyme licensingThe value of biosimilar versions that can be administered subcutaneously has been in the spotlight for some time. Subcutaneou
The author is an analyst of Shinhan Investment Corp. He can be reached at msbond@shinhan.com. -- Ed. Base rate cut in May meeting and likely to be kept low for long timeThe Monetary Policy Board of the Bank of Korea (BOK) decided at the May meeting to lower the base rate by 25bp to 0.50%. The Board
The South Korean government will organize a nationwide sales event, as big as the Korea Sale Festa held in autumn, from June 26 to July 12 to stimulate the domestic economy, the Ministry of Economy and Finance said on May 28.The plan is part of the government's economic policies for the second h
South Korea's industrial output fell 2.5 percent in April from a month earlier and 5 percent from a year ago due to the COVID-19 pandemic.According to the industrial data released by Statistics Korea on May 29, the April manufacturing output index slipped 6.0 percent on-month and 4.7 percent on
The Bank of Korea cut the key rate by 0.25 percentage point on May 28. As a result, the interest rate reflecting the rate of inflation, 0.3 percent to 0.6 percent, has become zero.Since the central bank cut the key rate two months ago, the market liquidity has increased a lot and the South Korean go
The South Korean government is planning to increase its corporate structure innovation fund for the purpose of market-led corporate restructuring.“Corporate liquidity crises leading to insolvency crises and turning of normal enterprises into restructuring targets are unlikely to be few in number,” s
The author is an analyst of NH Investment & Securities. He can be reached at dongyang.kim@nhqv.com. -- Ed. SK Holdings’ fundamental value as a holding company remains valid, anticipating: 1) further strengthening in shareholder value via rising cash flow; and 2) brisk earnings momentum from new grow
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. Smartphone sales plummeted in April due to global shutdowns owing to the Covid-19 outbreak. However, as major markets have begun to open from May, sales are set to recover. We recommend increasing exposu
Hyundai Mobis will invest about 1 trillion won in about 2,000 R&D projects in 2020, according to the company’s latest sustainability report published on May 27.The report said that Hyundai Mobis will invest 983.1 billion won in R&D this year, which is a 60 percent increase from 625.8 billion won in
Shinhan Financial Group announced on May 27 that it will participate in a project aimed at creating a startup park in Tomorrow City located in Songdo, Incheon.The project is designed to set up an open innovation startup base like Zhong Guan Cun in China, Silicon Valley in the United States and Stati
Bando Construction bought 1,225,880 Hanjin KAL shares, 2.1 percent of the total, on May 26. The company, former Korean Air vice president Cho Hyun-ah and activist private equity fund KCGI called for Hanjin Group chairman Cho Won-tae to step down at the ordinary shareholder meeting of Hanjin KAL in M
The Korea Communications Commission announced on May 27 that YouTube, Facebook and KakaoTalk are subject to its user protection assessment from this year onwards.The commission has conducted the annual assessment since 2013 in order to better protect telecommunications users and handle their grievan
Hyundai Motor and Kia Motors will again shut down some of their production lines in Korea in June due to a shortage of export orders.Hyundai Motor's third plant in Ulsan will be closed from June 11-12, while Line 42 of its fourth plant will be closed from June1-5, the automaker announced on May
LG Chem has been chosen to supply trillions of won worth of electric vehicle (EV) batteries to Hyundai Motor and Kia Motors.The two automakers have selected LG Chem as their battery supplier for pure EVs that will be mass-produced beginning 2022. The vehicles will be produced on the Electric-Global
Apple's iPhone 11 was the best-selling smartphone in the world in the first quarter of this year. iPhone 11 shipments were over five times more than those of Samsung Electronics' flagship phone Galaxy S20 Plus.The iPhone 11 sold 19.5 million units in the first quarter of this year, ranking f
Roses are in full bloom at Everland, one of the best theme parks in South Korea. Everland is well-known for its 20,000-square-meter rose garden. Three million roses in 720 varieties create a riot of color, scent, and joy there. Twenty-four of those rose varieties have been developed by Everland itse
The author is an analyst of NH Investment & Securities. He can be reached at hwdoh@nhqv.com. -- Ed. The power & compound semiconductor equipment market is to expand 59% y-y next year. The use of compound semiconductors such as SiC and GaN in 5G, EVs, and industrial facilities, amongst others, is to
Hyundai Motor Co. and Sony Pictures Entertainment announced on May 28 that they have entered into a unique and unprecedented multi-picture promotional partnership that will feature the automaker’s new models and technologies in upcoming Sony Pictures productions. Under the deal Hyundai Motor will al