The authors are analysts of Shinhan Investment Corp. They can be reached at snowKH@shinhan.com and swoong92@shinhan.com, respectively. -- Ed. Vieworks focuses on providing imaging solutions for medical and industrial applications. Mainstay products include X-ray detectors, which convert X-rays into
The authors are analysts of Shinhan Investment Corp. They can be reached at changmin.yoon86@shinhan.com and kimkyuri@shinhan.com, respectively. -- Ed. Drgem produces medical X-ray imaging systems. Its product lineup covers analog and digital systems as well as retrofit solutions that upgrade analog
The authors are analysts of Shinhan Investment Corp. They can be reached at kimkyuri@shinhan.com and changmin.yoon86@shinhan.com, respectively. -- Ed. Mediana manufactures patient monitors and defibrillators. In 2019, 51% of total sales came from patient monitors including ODM production of pulse ox
Yoon Chang-min is an analyst of Shinhan Investment Corp. He can be reached at changmin.yoon86@shinhan.com. -- Ed. K-medical gains presence in the post-pandemic eraK-medical is on the rise, following the success of K-pop, K-drama, and K-beauty. The Korean medical industry has drawn global acclaim and
The author is an analyst of NH Investment & Securities. He can be reached at will.byun@nhqv.com. -- Ed. Although not yet certain, the Covid-19 pandemic is all but guaranteed to subside eventually, with our lives gradually returning to normal. However, we believe that changes in consumption patterns
The author is an analyst of NH Investment & Securities. He can be reached at sw.kang@nhqv.com. -- Ed. It looks highly likely that the BOK will both lower its growth forecast to the low 0%-range and cut the benchmark rate. In addition, noting the significant expansion of the third supplementary budge
The authors are analysts of KB Securities. They can be reached at yc.baek@kbfg.com and se18190@kbfg.com, respecitively. – Ed. Raise TP by 6.8% to KRW250,000; upcycle for global chemical industry expected until 2022We raise our TP by 6.8% to KRW250,000 to reflect revised earnings forecasts (higher 20
Hyundai Mobis liquidated its Hungarian subsidiary, which was established in 2018, early this year, industry sources said on May 23.Hungary is seen as a forward base for global carmakers to make inroads into Europe. The country is home to battery production bases of SK Innovation and Samsung SDI, whi
A video clip of a smartphone advertisement posted by LG Electronics' Polish subsidiary on social networking services has sparked off controversy over illegal video shoots. The video in question has now been deleted.LG Electronics Poland recently posted a video on its official TikTok page that pr
Samsung Biologics announced on May 22 that it has signed a supply contract worth at least US$381.25 million with two global pharmaceutical companies. The amount is equivalent to 66.7 percent of its sales of 701.5 billion won in 2019.It has signed a partnership with British pharmaceutical group GSK t
Non-face-to-face work innovation is spreading to industrial logistics sites.KT announced on May 24 that it has deployed 5G-based self-driving carts for smartphone carriage at its Western Logistics Center in Goyang City, Gyeonggi Province. The carts were jointly developed by KT and Twinny Co., a Kore
Before annual shareholder meetings early this year, securities companies expected more electronic voting in relation to the spread of COVID-19. However, it turned out that shareholders’ participation in electronic voting halved compared to last year.In the first quarter of this year, only 0.68 perce
The Ministry of Trade, Industry and Energy is discussing financial support for auto parts manufacturers with automakers. The financial sector, the government and automakers are expected to come up with 10 billion won each and a total of approximately three trillion won is expected to be prepared fro
Samsung Electronics has dispatched an additional 300 engineers to its memory semiconductor plant in Xian, China. The company sent the workforce, including engineers from its subcontractors, departed from Incheon International Airport on a chartered flight on May 22. The engineers entered China on a
Hyundai Motor Co. hosted the ‘Stage X Drive-in Concert’ this past weekend, allowing people to enjoy live music performances from a safe social distance while parked in their cars.The drive-in concert was held at a site near Hyundai Motorstudio Goyang in the outskirts of Seoul for three days, with 30
Samsung Electronics announced on May 24 that the electrocardiogram (ECG) function of the Samsung Health Monitor app has been cleared by South Korea’s Ministry of Food and Drug Safety (MFDS).The ECG feature uses advanced sensor technology on the Galaxy Watch Active2, and will enable users to measure
LG Chem has started to inject capital into a battery joint venture with GM. LG Chem invested US$35.29 million in Ultium Cells in April, according to LG Chem's business report released on May 24. LG Chem and GM announced in December 2019 their plans to invest a total of 2.7 trillion won in the ba
The creditors of Asiana Airlines are expecting HDC Hyundai Development to resume the indefinitely postponed acquisition process for the ailing airline soon, predicting that Russia’s corporate combination review, which was delayed due to the COVID-19 crisis, will be completed next week."There is no r
The three South Korean electric vehicle (EV) battery makers have begun to differentiate their strategies to penetrate global markets. LG Chem is making a foray into the fast-growing European EV market with fast-paced investment, while SK Innovation is making efforts to expand its presence in the Chi
An increasing number of South Korean biotech companies are calling for the government to relax the 52-hour workweek regulation. COVID-19 test kit manufacturers are saying that they would fail to meet their orders due to the regulation and labs working on COVID-19 drugs are saying that they are condu