GS Engineering & Construction’s top management met with Ho Chi Minh City People’s Committee Chairman and Mayor Phan Van Mai, who is currently on a visit to South Korea, to discuss mutual cooperation strategies for development projects in Ho Chi Minh City, Vietnam.GS E&C announced on Sept. 25 that it
A technology that maintains high hydrogen production efficiency over a long period by leveraging semiconductor technology capable of implementing a three-dimensional network structure has been developed.On Sept. 25, the Korea Advanced Institute of Science and Technology (KAIST) announced that a join
SKC will build the world’s largest eco-friendly biodegradable material production facility in Hai Phong City, Vietnam.SKC announced on Sept. 25 that Ecovance, an investor in the biodegradable materials business, has received an investor registration certificate (IRC) from Hai Phong City at the Hai P
The author is an analyst for NH Investment & Securities. He can be reached at soohong.cho@nhqv.com -- Ed.A change in business structure to electrification is expected at Hyundai Wia’s auto parts division on orders for thermal management parts. Elsewhere, having completed restructuring, the machinery
Amid the so-called “Huawei Shock,” with the company launching its Mate 60 Pro smartphone equipped with a 7-nm semiconductor, the U.S. is tightening its stance on China. Observers are now keenly watching how far the repercussions of this tension between the two giants will spread.As the end of the U.
On Sept. 20 (local time), the Chong Kun Dang Kochon Foundation announced that it had held the “17th Kochon Prize Ceremony” at the U.N. Headquarters in New York on Sept. 21.This year, the Kochon Prize focused on the theme of “Recognition for medical professionals who do not give up on tuberculosis tr
On Sept. 19, a commemorative event was held at the Samsung Fire & Marine Insurance Guide Dog School in Yongin, Gyeonggi Province, celebrating the guide dog program that the late Lee Kun-hee, former Chairman of Samsung, had dedicated himself to for 30 years following his “New Management Declaration”
Cleveland Avenue, a prominent Chicago-based venture capital firm specializing in investments within lifestyle consumer brands and pioneering technology companies that positively disrupt large and growing markets, hosted CA Tech X Asia in collaboration with Shinsegae at The Devil's Door in Seoul toda
The Kia Labor Union has pulled out the overtime refusal card. The move comes as negotiations over this year’s wages and collective agreements with the company have hit a snag.According to industry sources on Sept. 18, the Kia Union has decided to halt overtime production negotiations at three main f
KEPCO KPS, led by CEO Kim Hong-yeon, has secured a power plant maintenance contract in South Africa valued at approximately 850 billion won.KEPCO KPS signed an agreement to maintain 16 thermal and nuclear power stations owned by South Africa's electricity company, ESKOM, at a sum of 848 billion won.
Chey Tae-won, chairman of SK Group, visited the Yongin Semiconductor Cluster construction site in Yongin City, Gyeonggi Province, on Sept. 15 and described it as “the most strategic and planned project in SK hynix’s history.” SK hynix had previously decided to invest 120 trillion won in 2019 to buil
On Sept. 14, the Ministry of Trade, Industry, and Energy announced that last month’s exports in the Information and Communication Technology (ICT) sector amounted to US$160.5 billion, with imports reaching US$110.7 billion. This led to a provisional trade surplus of US$49.8 billion.The decline in th
Globally, China is the country with the lowest price of the iPhone 15 base model (128GB). In Turkiye, the most expensive model, the iPhone 15 Pro Max 1 TB costs more than 4.5 million won. In Korea, the iPhone base model (128 GB) has a price tag of 1.25 million won.On Sept. 14, market research firm N
The Supreme Court of Korea has justified the Korea Fair Trade Commission (KFTC)’s decision to punish Citibank and JPMorgan Chase for allegedly colluding to bid on a currency swap contract. The ruling means that if a bidder cooperates with another participant during a bidding process to agree on the
The author is an analyst for NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com -- Ed.Compared with April, Hong Kong and Singapore investors’ outlook toward the Internet sector has improved considerably. We anticipate AI-related momentum and earnings recovery at Internet firms. In
China has received recognition from the American Bureau of Shipping (ABS) and others for its world-leading technological capabilities in the field of ultra-large liquefied natural gas (LNG) carriers, noting it as the largest in the world.According to industry sources and foreign reports on Sept. 9,
A hydrogen engine for passenger cars that uses hydrogen as fuel has been developed for the first time in Korea amid fierce competition for hydrogen mobility technology around the world.A joint research team led by Dr. Choi Young of the Mobility Powertrain Research Center at the Korea Institute of Ma
The author is an analyst for NH Investment & Securities. He can be reached at soohong.cho@nhqv.com -- Ed.Although cutting our OP forecasts, we remain upbeat toward mid/long-term earnings improvement on HL Mando’s customer diversification, completion of restructuring of conventional parts at domestic
On March 10, 2013, KT entered into a Memorandum of Understanding (MOU) with the Rwandan government to establish a joint venture aimed at constructing an ultra-high-speed wireless network based on 4G LTE technology.According to industry sources on Sept. 4, KT recently filed a lawsuit against the Rwan
Korea Easy Payment Foundation, the official operator of ZeroPay, announced the introduction of Alipay+ global cross-border digital payments and marketing solutions at over 1.7 million merchants across South Korea, in a move to further ensure a smooth and convenient experience for Asian tourists.Star