The author is an analyst of NH Investment & Securities. He can be reached at kyeongkeun.kang@nhqv.com -- Ed.As an IT solutions provider, Tomato System mainly focuses on IT systems and UI/UX solutions. Margin improvement is in progress, backed by sales growth for high value-added solutions products.
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com -- Ed.NHN’s dominance in the web-board game market is strengthening, and we also favorably view ongoing sales growth at firm’s payment services & ads arm and its technology domain. Marketing cost reducti
AI semiconductors developed by Korean fabless startup Rebellions outperformed those from global semiconductor giants such as Nvidia and Qualcomm in performance tests.MLPerf AI semiconductor test results released by ML Commons, a non-profit organization on April 6 (local time) showed that the AI semi
Huawei released its 2022 Annual Report on March 31. The company reports steady operations throughout 2022, having generated CNY642.3 billion in revenue and CNY35.6 billion in net profits. Huawei continues to strengthen investment in R&D, with an annual expenditure of CNY161.5 billion in 2022, repres
Naver announced that it has signed MOUs with Saudi Arabia's Ministry of Municipal and Affairs and Housing (MOMRAH) and Ministry of Investment Saudi Arabia (MISA).On March 30 (local time), Naver, Naver Labs, Naver Cloud, and the MOMRAH and the MISA held a ceremony in honor of signing the MOUs at
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com -- Ed.Regulations surrounding the telecom service industry are intensifying. KT’s CEO appointment process has failed multiple times, and SKT has launched an intermediate rate plan, with the two other tel
More than 500 people from the global information technology (IT), consumer electronics and platform industries are participating in the Connectivity Standards Alliance (CSA) that will run for four days from March 20. Participants include mobile and home appliance companies such as Samsung Electronic
Robots are rapidly emerging as a hot next-generation item in technological competition between Samsung Electronics and LG Electronics, two powerhouses in the Korean electronics industry.“We will strengthen preemptive responses to the robot era that will begin in earnest in the future,” said Han Jong
LG CNS signed a strategic partnership memorandum of understanding (MOU) with SAP on March 10 at the SAP headquarters in Walldorf, Germany. The MOU signing ceremony was attended by high-ranking executives from both companies, including Hyun Shin-kyun, CEO of LG CNS, and Christian Klein, CEO of SAP.Wi
Huawei Cloud APAC is committed to strengthening its partner ecosystem. The global cloud company reaffirmed this commitment by hosting the APAC Partner Leadership Summit 2023 from the 23rd to the 24th of February in Bali, Indonesia. With the theme, “Go Together, Grow Together,” this two-day summit is
KT announced on March 2 that it has agreed with Nokia and Megazone Cloud on a plan to develop a private 5G (5G-specialized network) business using the cloud of AWS at MWC 2023 in Barcelona, Spain.Through this cooperation, KT, Nokia and Megazone Cloud will join forces to establish a private 5G busine
Huawei announced on Mar. 2 that it announced technologies and solutions to lead the 5.5G era and shared business opportunities for mobile carriers at MWC 2023.First, Huawei cited 10Gbit/s experiences, the all-scenario internet of things (IoT), integrated sensing and communications, L4 self-driving n
During the 2023 Mobile World Congress (MWC 2023), Huawei successfully held its 5th Industry Digital Transformation Summit, bringing together global industry customers, partners, and opinion leaders to discuss how digital technologies will affect our future - from the development of the world economy
KT announced on Feb. 28 that it signed a memorandum of understanding (MOU) on forging a strategic partnership in developing the DX business in the Philippines with Converge ICT Solutions, a Philippine Internet Service Provider (ISP), at MWC 2023 Spain on Feb. 27.A ceremony was held in honor of the s
Officials of Saudi Arabia’s three government agencies in charge of AI and data-related policies visited Naver’s second office building 1784, the world’s first robot-friendly building, on Feb. 27. Exchanges between the two sides have steadily continued since a visit to Naver by Majed Al-Hogail, minis
Competition between SK Group and LG Group is expanding from the electric vehicle (EV) battery market to the EV charging market. SK Group announced on Feb. 20 that SK Signet Europe, a subsidiary of SK Signet established in Germany, won an order for EV chargers worth 10 billion won in the United Kingd
Five years have passed since Mirae Asset Global Investments acquired Global X, a U.S. ETF management company. Global X has grown exponentially from a rising star in the U.S. market to a leader in theme-type ETFs by increasing its assets under management by about six times during this period.In Febru
The author is an analyst of KB Securities. She can be reached at leesunhwa@kbfg.com. -- Ed. Raise TP by 14.3% from KRW70,000 to KRW80,000; Maintain BUY We raise our TP 14.3% from KRW70,000 to KRW80,000 and maintain BUY for Kakao. We have reflected slight downward adjustments to 2023E revenue growth
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed. We anticipate notable earnings growth at KT’s new businesses, including its content, real estate holdings, and AI ventures. CEO appointment should be finalized within March, resolving market conc
KT Cloud signed a memorandum of understanding (MOU) with Hewlett-Packard Enterprise for cooperation in the IDC integrated infrastructure business.With this agreement, the two companies will introduce services that combine infrastructure/networks, solutions, and marketing/sales capabilities to implem