LG Display is revving up its efforts to solidify its position as the global leader in the automotive display business, a custom-order venture that’s also a key driver of its future growth. This move is backed by its unique technological capabilities.According to the global market research firm Omdia
K-beauty companies are gaining tremendous popularity in the Japanese market, surpassing beauty powerhouse France. Leveraging cost-effectiveness and product quality, these companies are showcasing their presence across both online and offline markets, offering a range of products from basic skincare
Kia’s large electric sports utility vehicle (SUV), the EV9, is having a surprise year-end sales promotion with nearly 30 percent off. Normally the margin rate of electric vehicles is within 10 percent, but this massive sales discount has made the price of a new EV9 lower than that of a secondhand EV
The author is an analyst for Shinhan Securities. He can be reached at hyon@shinhan.com -- Ed.Seasonal demand from new smartphone release to concentrate in 4QLX Semicon registered operating profit of KRW14.9bn (+91% QoQ) on sales of KRW412.8bn (-9% QoQ) for 3Q23. With its client hit by delays in the
The new regional head of the Hyundai Motor’s labor union, the largest single union in the country, has pledged to introduce a “4-day workweek” starting next year. This commitment has reignited the debate over reduced working hours, often described as a “hot potato” in the industry.On Dec. 6, Hyundai
"NPCore," a specialized artificial intelligence-based cybersecurity solutions company led by CEO Han Seung Chul, has been awarded the "Top Exporter of One Million Dollars" by the Korea International Trade Association. The company has continuously challenged itself to expand into overseas markets, wi
Hyundai Mobis (KRX 012330) announced on 5th that Hyundai Mobis has established the 'Electrification Research Center' within the Hyundai Motor Group's Uiwang R&D Center in Uiwang, Gyeonggi Province and held an inauguration ceremony. At the ceremony, the newly appointed President of Hyundai Mobis, Lee
LS Cable & System has announced the launch of its 5G-class Power over Ethernet (PoE) cable on Dec. 4. This product supports the world’s fastest communication speed.LS Cable & System is optimistic that their new product, Simplewide 2.0, will be a viable replacement for the expensive optical cables pr
STX announced on Nov. 30 that the drilling exploration results for prioritizing production areas in the Sulawesi nickel mine, where it secured a 20% stake last August, revealed a saprolite layer with a nickel content of 1.6%.Nickel ore with a pure nickel content of over 1.6% after impurity removal i
Hyundai Mobis (KRX 012330) is poised to secure new orders for premium vehicle displays, characterized by large screens, high definition, and slim design, using a fusion of innovative technologies targeting global automakers. The company plans to capture the next-generation vehicle display market wit
Volunteer employees from CBRE Korea, a global commercial real estate services company, provided meals on November 27 and 28 at the Seoul Senior Welfare Center in Jongno-gu as part of its CBRE Cares social contribution campaign. The initiative, undertaken by CBRE offices worldwide, aims to support lo
The author is an analyst for NH Investment & Securities. He can be reached at kyeongkeun.kang@nhqv.com -- Ed.Furonteer supplies key assembly and inspection equipment for autonomous driving sensing cameras. Backed by the increasing deployment of high-quality sensing cameras by a major end-user (an EV
Hanwha Ocean has recently entered into a research and development service contract with the Defense Technology Quality Institute for the design of new “magnet-reducing equipment for submarines,” the company announced on Nov. 29. This equipment is designed to reduce the magnetic field generated by su
LG Display has started to further solidify its global No. 1 position in the automotive display business, which is an order-based business and a future growth driver behind differentiated technologies.LG Display has been ranked No. 1 in the world in terms of shares of the market of premium automotive
Samsung Electronics’ subsidiary Harman is set to acquire the American company “Roon,” known among music enthusiasts as “the world’s best music streaming platform.” The industry expects significant synergy from the collaboration between Harman, known for its hardware prowess in sound equipment, and R
On Nov. 28, the Incheon Port Authority (IPA) announced the new acquisition of car cargo volume from the Japanese global shipping company Mitsui O.S.K. Lines, Ltd. (MOL) at Incheon Inner Harbor.According to the IPA, the MOL car carrier “MV. LAVENDER ACE” departed from Tianjin Port, China, on Nov. 24
SK bioscience, an innovative vaccine and biotech company committed to promoting human health from prevention to cure, announced that the company’s board of directors has decided to invest in the expansion of L HOUSE, a vaccine manufacturing plant of SK bioscience located in Andong, South Korea to ap
NESTYLE, Inc., a creative platform company, introduces AI-Zac Novel, a new form of web novel creation and subscription platform. It can be said to be a Korean-style Radish that has been developed further with AI technology than the global Radish, which has been very popular as a creative platform in
Autonomous a2z, a member of the Venture Enterprise Association and an autonomous driving startup, disclosed on Nov. 27 that it has signed a memorandum of understanding with Horiba Mira from the U.K., focusing on future mobility.In October, Autonomous a2z successfully completed a Series B funding rou
Coway Co., Ltd., the “Best Life Solution Company,” announced today that its Seoul-based R&D Center, the Coway Environmental Technology Research Institute, has been recognized as an international testing laboratory by the Korea Laboratory Accreditation Scheme (KOLAS) for the 22nd consecutive year.The