The registration system for foreign investors, which was an essential procedure for investing in listed securities in Korea, will be abolished. The foreign investor registration system required personal registration with the Financial Supervisory Service and issuance of a foreigner ID before a secur
The author is an analyst for NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com -- Ed.Although NCSOFT’s recent CBT for TL resulted in some negative reviews, the firm is now making several improvements to the new title before the release of the official version. Once users play the
The author is an analyst for NH Investment & Securities. She can be reached at hzl.lee@nhqv.com -- Ed.In 1H23, the entertainment and casino industries are enjoying solid earnings, despite worries over economic slowdown. As these industries are backed by fans and personal preferences, they remain rel
Samsung Electronics is expected to hold its new smartphone model unpacking event in Korea. The company is speeding up the diversification of its Asian strategy amid a U.S.-China trade conflict and sluggish demand for information technology (IT) products in China, which has led to a companywide decli
As the global competition for semiconductor supremacy intensifies, Samsung Electronics has once again experienced an incident of core technology leakage.According to industry sources on May 17th, the Samsung Electronics' Device Solutions (DS) Division recently dismissed Engineer A on the grounds
Park Hyatt Busan, the epitome of a luxury hotel in Busan, has selected Roman Kardashov as its new general manager.A Russian, Mr. Roman Kardashov, spent his school days in Hong Kong and gained valuable front-line experience as an F&B intern at Lindner Golf & Ski Hotel Rhodania in Crans Montana, Switz
Individual investors poured tens of billions of won into exchange traded funds (ETFs) on Korean semiconductor companies that are expected to hit lows and rebound in the second quarter while selling off U.S. semiconductor ETFs to realize profits.According to fund evaluator FnGuide on May 7, individua
Samsung Electronics has decided to ban the use of generative artificial intelligence (AI) services such as ChatGPT within the company. Like SK hynix, POSCO, and others, the company believes that the process of entering data to get answers from ChatGPT is likely to leak sensitive company information.
The author is an analyst for Shinhan Securities. He can be reached at sokang@shinhan.com --- Ed.1Q23 review: Record-high platform service sales, recovery in costs AfreecaTV registered operating profit of KRW18.4bn (-20.5% YoY, +19% QoQ, operating margin of 25.3%) on sales of KRW72.7bn (-3.4% YoY, -9
The author is an analyst of NH Investment & Securities. She can be reached at jiyoony@nhqv.com -- Ed.China’s consumer discretionary retail sales growth rebounded in March. We draw investor attention to F&F, which is strengthening its brand power in China, noting that the intensity of apparel consump
Shinhan Bank announced on April 17 that its mobile app “SOL” took home a prize in the UX category and its corporate internet banking won a prize in the service design category at the iF Design Award 2023 (International Forum Design Award 2023).SOL was recognized for improving customer experience in
According to China’s state-run Xinhua News Agency on April 13, President Xi visited LG Display’s factory and the R&D center for electric vehicle Aion under China’s Guangzhou Automobile Group (GAC) as part of a tour of Guangzhou in Guangdong Province of China on April 12.The Chinese political leaders
Portuguese Prime Minister Antonio Costa met South Korea with Hanwha Group Vice Chairman Kim Dong-kwan and SK Hynix Vice Chairman Park Jung-ho.The prime minister and the vice chairman of Hanwha discussed cooperation in the energy sector. The group’s business models in this sector include renewable en
bereum, a company specializing in heat-killed lactic acid bacteria postbiotics, and Dx&Vx, a bio-health care company, signed an MOU on April 5th. Through this agreement, the two companies plan to target the microbiome market by conducting joint research, such as analyzing not only lactic acid bacter
Hyundai Rotem has completed preparations for main contract negotiations for the Polish K2 tank (K2PL). It has also decided to promote production of the K2 tank in Poland.Hyundai Rotem announced on April 3 that it signed a consortium (K2PL Consortium) implementation agreement on a K2 tank production
In February of 2023, residents’ foreign currency deposits in Korea declined by more than US$11.7 billion from the previous month, the largest decrease in 10 years and eight months since June 2012. This is attributable to a drop in deposits in all currencies, including the U.S. dollar and euros, as w
The renowned Middle East and Africa (MEA) tech event, LG Showcase 2023, has finally returned to the region after a four-year hiatus. The two-day event was held at Al Habtoor City in Dubai and successfully showcased every new LG product being launched in the region this year to an all-time-high crowd
The world is focusing on the 2023 Genesis Invitational, which began on Feb. 16 (local time), as Tiger Woods has chosen the event for his comeback after seven months. Woods’ decision is drawing attention to his special friendship with Chung Eui-sun, chairman of Hyundai Motor Group.Woods has decided t
Whatever you imagine when you think of a school headmaster, Guðmundur Hegner Jónsson is likely to surprise you. Originally from Iceland and standing close to two meters in height, he has dug up the world’s past as an archaeologist, recorded in the same studio as The Beatles, and speaks four language
Samsung Electronics have joined hands with Google and Qualcomm to develop next-generation extended reality (XR) devices. The specific method of their cooperation has not been finalized. But as Apple is about to release a mixed reality (MR) device within this year, the three companies are banding tog