TCL, a Chinese home appliance company, pushed out LG Electronics and ranked second in the global TV sales standings last year. This marked the first time TCL has placed second. While the size of the global TV market shrank by 13.2 percent compared to the previous year, competition in the world TV ma
POSCO International’s grain terminal in Ukraine is continuing its overseas food business through a partial operation without suffering damage.The volume of grain handled by the grain terminal in 2022 stood at 310,000 tons, down by more than half from 760,000 tons in 2021. The operation of the termin
POSCO International's pharmaceutical business in Sudan is generating profits while at the same time contributing to improving people's health in the African country.General Medicines Co. (GMC) in Sudan, a joint venture between POSCO International and Shinpoong Pharmaceutical, posted operatin
The author is an analyst of NH Investment & Securities. He can be reached at minjae.lee@nhqv.com. -- Ed. Although normal winter weather has returned to Europe, natural gas reserves are down only 25% from the peak. It appears that the worrying winter energy crisis has virtually passed, and as a resul
EOFlow Co. announced on Feb. 14 that GulfDrug LLC of the United Arab Emirates (UAE), its partner in the Gulf region, launched its tubeless, wearable, and disposable insulin pump “EOPatch” in the UAE.Beginning in February 2023, it becomes possible in the UAE to control and manage insulin infusions wi
The author is an analyst of NH Investment & Securities. He can be reached at minjae.lee@nhqv.com. -- Ed. Europe’s electricity market is stabilizing on the normalization of nuclear and wind power plants. Natural gas prices are also falling, with natural gas stocks freeing up. Coal prices have entered
The Ministry of Trade, Industry and Energy joined the Minerals Security Partnership (MSP) meeting and discussed cooperation with African states on Feb. 7. The Ministry of Foreign Affairs and the Korea Mine Rehabilitation and Mineral Resources Corp. joined it together with the ministry to check on th
As in 2022, Korean shipbuilders are expected to receive many orders for high value-added ships this year. Expectations for an earnings improvement are rising as orders for tankers and offshore plants are likely to revive, along with continued demand for LNG carriers.Korea Shipbuilding & Offshore Eng
The South Korean government announced on Jan. 26 that newly approved Economic Development Cooperation Fund (EDCF) projects would be 3.8 trillion won this year, 3.9 trillion won next year and 4 trillion won in 2025 and EDCF budget execution would be 1.5 trillion won, 1.7 trillion won and 1.8 trillion
LG Electronics stands out in the Middle East market, where preference for premium products is high among consumers. In particular, the Korean home electronics giant ranked first in the organic light-emitting diode (OLED) TV market with a share of up to 80 percent, a survey has found.LG Electronics a
The author is an analyst of NH Investment & Securities. He can be reached at pk.park@nhqv.co. -- Ed.Dental implant monthly exports hit new record heights in December. Expectations toward exports this year are strengthening thanks both to the elimination of uncertainties in China’s VBP and demand gro
Korea Aerospace Industries (KAI) has unveiled its vision of becoming the world’s 7th largest aerospace company by attaining sales of 40 trillion won by 2050.KAI president Kang Gu-young presented the vision before the company's employees and executives at a ceremony held at its headquarters in Sa
The author is an analyst of NH Investment & Securities. He can be reached at minjae.lee@nhqv.com. -- Ed. Europe’s energy crisis woes should lessen on reduced electricity demand stemming from both abnormally high winter temperatures and improved wind conditions. Even if the remainder of the winter se
Korea Hydro & Nuclear Power (KHNP) and the Ministry of Energy and Mineral Development of Uganda are discussing South Korea’s participation in Uganda’s nuclear power plant construction project.The US$9 billion project is to build two 1,000 MW reactors. The IAEA approved the project in May last year a
SK ecoplant announced on Jan. 5 that it signed an MOU with China State Construction Engineering Corp. (CSCEC) on Jan. 4 for cooperation in global renewable energy.The gist of this agreement is that the two companies will actively cooperate in the joint development of renewable energy projects overse
The Financial Times reported on Dec. 18 that the environmental regulatory authorities of the European Union agreed on the implementation of the world’s first carbon border adjustment mechanism (CBAM) and non-EU states are opposed to it.The mechanism for the purpose of zero carbon emissions by 2050 i
Korea Electric Power Cor. (KEPCO) President Cheong Seung-il visited the construction site of the Barakah Nuclear Power Plant in the United Arab Emirates (UAE) on Dec. 4 (local time). At the site, he checked the current status of the construction project and discussed cooperation in the energy sector
LS Cable & System Asia is solidifying its position as the No. 1 general cable company in Vietnam. Recently, LSCV, the company's subsidiary in Ho Chi Minh City, invested approximately 6.8 billion won to expand its unshielded twisted pair (UTP) LAN cable facility.In June, LSCV supplied optical cab
CJ CheilJedang launched the plant-based food brand PlanTable in December last year. The new brand has posted cumulative sales of about 3 million units within 10 months of its launch. The average monthly sales growth rate stood at 20 percent.In particular, export destinations have increased from 10 c
Daewoo Engineering & Construction (E&C) announced on Nov. 24 that Chung Won-joo, vice chairman of Jungheung Group, the builder's parent company, paid a courtesy visit to Kenyan President William Ruto and exchanged opinions on nuclear power generation, renewable energy and infrastructure developm