The authors are analysts of NH Investment & Securities. They can be reached at minjae.lee@nhqv.com and ys.jung@nhqv.com, respectively. -- Ed. During the Sep 2020 parliamentary inspection of government, the issue of electricity market restructuring was brought up, including a focus on the need for ad
The authors are analysts of Shinhan Investment Corp. They can be reached at johnsoh@shinhan.com and chank@shinhan.com, respectively. -- Ed. Growing adoption of OLED in laptops and tablet PCsThe premium laptop market saw the full-fledged and successful launch of OLED laptops by HP, Asustek Computer,
SK Innovation’s electric vehicle (EV) batteries show unrivaled safety. The company has thus far shipped out about 270 million battery cells that can power approximately 2.5 million EVs, but its batteries have not caused any fire up until now. Lee Jon-ha, head of SK Innovation’s Cell Development Cent
LG Energy Solution is stepping up its efforts to accelerate its penetration of the U.S. market. This is because it successfully has supplied batteries for Energy Storage Systems (ESSs) to the market, following batteries for electric vehicles.LG Energy Solution announced on June 17that it recently su
SK Innovation will be able to supply fireproof battery packs to electric vehicle producers from 2023, a high-ranking company official said on June 9."It is possible to prevent thermal propagation (TP) even in high-density nickel batteries," said Lee Jon-ha, head of SK Innovation's Battery Develo
A project to replace thermal shock buffer tubes for reactor heads at Hanul Power Plant 1 was recently selected for the Top Innovation Practice (TIP) Award of the U.S. Nuclear Energy Institute (NEI), Korea Hydro & Nuclear Power Co. (KHNP) said on June 9.The NEI gives the TIP Awards to member companie
Doosan Heavy Industries & Construction (DHIC) is speeding up the development of eco-friendly hydrogen gas turbines.The company announced on June 3 that it has signed a business agreement with Ulsan Metropolitan City, Korea East-West Power and SK Gas to promote hydrogen turbine demonstration projects
The authors are analysts of Shinhan Investment Corp. They can be reached at yjjung86@shinhan.com and ik.jung@shinhan.com, respectively. -- Ed. 1Q21 operating profit in line at KRW94bn (+57.5% YoY)Hanon Systems posted operating profit of KRW94bn (+57.5% YoY) on sales of KRW1.9tr (+11.6% YoY) for 1Q21
The author is an analyst of KB Securities. He can be reached at seongjin.kang@kbfg.com. -- Ed. 1Q21 OP disappoints on higher costs and semiconductor shortages; significant new order— 1Q21 OP fell just shy of the market consensus. Factors that have weighed on results remain (i.e., higher depreciation
Samsung Electronics has introduced a next-generation semiconductor packaging technology dubbed I-Cube4 to sharpen its competitiveness in the foundry sector.Samsung’s new packaging technology will intensify competition with Taiwan's TSMC, the world’s No. 1 foundry company that has been increasing
The author is an analyst of NH Investment & Securities. He can be reached at hwdoh@nhqv.com. -- Ed. SK Materials posted 1Q21 OP of W62.1bn (+1% q-q). From 2021, the firm is to diversify its business scope from its existing special gas-oriented products to include precursors, secondary battery materi
Ceragem, a Korean home healthcare company, has been selling products in overseas markets including India and Malaysia but are facing complaints from local consumers. In India, dissatisfied consumers have sued the company while demanding refunds.Indian and Malaysian consumers’ complaints about Cerage
The authors are analysts of NH Investment & Securities. They can be reached at minjae.lee@nhqv.com and ys.jung@nhqv.com, respectively. -- Ed. Attention is rising towards SMRs. In addition to their strengths in decarbonization, SMRs show potential for both complementing the output volatility of renew
LG Chem's Yeosu Cabrbon Nanotube (CNT) Plant 2 began commercial operation on April 14 after expanding its annual production capacity by1,200 tons.The new facility boosts LG Chem's CNT production capacity from 500 tons to 1,700 tons, the largest among CNT producers in Korea.CNT is a next-gene
The authors are analysts of NH Investment & Securities. They can be reached at ys.jung@nhqv.com. -- Ed. 1) Natural gas reform: Steam methane reformingThere are mainly two approaches to hydrogen production: 1) natural gas reforming; and 2) electrolysis. While there are new technologies such as photol
The author is an analyst of NH Investment & Securities. He can be reached at soohong.cho@nhqv.com. -- Ed. We expect Hyundai Wia’s share price to show downward rigidity, considering its valuations (2021E P/B of 0.66x) and HMG’s improving global utilization rates. A rebound in auto demand, together wi
Lotte Property and Development announced on March 25 that more than 30 VIPs including Kim Sung-hwan, chairman of the 2050 Carbon Neutrality Committee, and Park Jae-hyun, president of Korea Water Resources Corp. and 10 lawmakers, visited the Lotte World Tower Energy Center, which has the largest hydr
GS Energy announced on March 22 that it has been selected as the company to build and operate a 3 GW LNG combined thermal power plant in Long An, southern Vietnam. Senior Vietnamese government officials including Prime Minister Nguyen Xuan Phuc attended an event held the previous day to announce the
Chinese electric vehicle (EV) battery manufacturers are refining their technologies with patents on EV battery cooling. For instance, BYD recently disclosed its patent CN112455287A on EV and EV battery cooling.“This patent is to prevent overheating by collecting data such as driving conditions and t
Korea Hydro & Nuclear Power (KHNP) announced on March 18 that its consolidated operating profit increased 68 percent to 1,315.8 billion won last year. The profit reached the highest level since 2017, when it was 1,397.2 billion won. Its sales increased 11.3 percent to 9,999.7 billion won in 2020.The