LG Electronics announced on Jan. 12 that its plastic organic light emitting diode (P-OLED) infotainment systems will be loaded into the 2022 Mercedes-Benz EQS model.The infotainment system was jointly developed with the German carmaker and consists of three screens -- an instrument panel, a central
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed. Maintain BUY, target price of KRW170,000 We maintain BUY and TP of KRW170,000 on LG Electronics (LGE). We remain optimistic as product mix improvements on new product releases by H&A (Home Appliance & Air Solut
Nexon, one of South Korea's leading game publishers, will become the second-largest shareholder of Hollywood film production company AGBO, an independent film and television production company best known for its work in the Marvel Cinematic Universe, most notably "Avengers: Infinity War" and "Av
The author is an analyst of NH Investment & Securities. She can be reached at hzl.lee@nhqv.com. -- Ed. We expect HYBE to post record-breaking earnings thanks to BTS concerts held in 4Q21. Expansion of HYPE’s IP range (artist, story) and platform ecosystem (community, NFTs, games) are to start alongs
Samsung Electronics’ quantum dot (QD)-organic light emitting diode (OLED) TV has nabbed the Best of Innovation award at CES 2022, which kicks off in Las Vegas of the United States on Jan. 5 (local time). Samsung Electronics has decided not to display the product at this year's CES, but industry
Samsung Electronics and LG Electronics are expanding their automotive electronics business.The automotive electronics business is a field where electronics companies can combine their information and communication technology and expertise in communication parts development.The next-generation automo
Naver and Kakao are competing with each other in the North American entertainment content market, the largest of its kind in the world.Kakao Entertainment recently acquired Wuxiaworld for 45 billion won via Radish Media. The annual sales of the English web novel service have grown over 40 percent fo
LG Display announced on Dec. 27 that it will unveil diverse applications of transparent OLED displays at CES 2022 Online Exhibition Hall.The Korean display giant will unveil a "transparent show window," which is created by putting four 55-inch transparent OLED displays together and is placed outside
LG Electronics announced on Dec. 21 that it will launch its plugless StandbyMe TV in major Asian countries, including Hong Kong, Singapore, and Vietnam.Sales of the battery-powered TV will begin in Hong Kong in December and in Singapore and Vietnam in January next year. In Vietnam, pre-orders have a
Wemade Entertainment announced on Dec. 20 that it will acquire SundayToz, which is famous as the developer of Anipang Game.According to the announcement, Wemade Innovation, a subsidiary of Wemade Entertainment, will acquire two million shares (20.9 percent) of SundayToz from Smilegate Holdings for 8
The author is an analyst of NH Investment & Securities. She can be reached at hzl.lee@nhqv.com. -- Ed. Thanks to the strengthening bargaining power of K-content, the media/entertainment industry has entered a re-rating phase. In 2022, Studio Dragon should enjoy: 1) captive drama slots; and 2) earnin
The Regional Comprehensive Economic Partnership (RCEP) is scheduled to become effective on Jan. 1 next year as the largest multilateral FTA in the world.The RCEP consists of the 10 ASEAN member states, South Korea, China, Japan, Australia and New Zealand. The 15 states account for approximately one-
Samsung Electronics announced on Nov. 30 that it has introduced three of its latest automotive chip solutions: the Exynos Auto T5123 for 5G connectivity, the Exynos Auto V7 for comprehensive in-vehicle infotainment (IVI) systems, and the ASIL-B certified S2VPS01 power management IC (PMIC) for the Au
The National Defense Committee of the National Assembly deferred the adoption of three Military Service Act amendments at its meeting on Nov. 25. The amendments are to allow an alternative military service for well-known popular artists.This means the seven BTS members will be enlisted. They submitt
Hanryu Bank, a Korean cultural wave platform company, is taking steps to list its stocks on U.S. NASDAQ. The company is the first Korean startup to knock on the door of NASDAQ.Hanryu Bank announced on Nov. 22 that it has recently selected Aegis Capital Corp. as the lead manager of its IPO. The compa
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed. The Internet world is ever rapidly changing. New concepts such as the metaverse, virtual reality (VR), augmented reality (AR), blockchain, and non-fungible tokens (NFTs) have surfaced as major th
The author is a strategist of NH Investment & Securities. He can be reached at lawrence.kim@nhqv.com. -- Ed. We now wish that our daily lives will finally go back to normal, imagining that soon we will be able to travel freely just like a few years ago. We also wish that countries will no longer fig
The author is an analyst of NH Investment & Securities. She can be reached at hzl.lee@nhqv.com. -- Ed. In 2021, Butter, by Korean boy group BTS, stayed on top of the Billboard Hot 100 chart for 14 weeks in a row, and Korean drama Squid Game became the most watched show on Netflix. In our view, these
The author is an analyst of NH Investment & Securities. She can be reached at hzl.lee@nhqv.com. -- Ed. YG Ent. posted a 3Q21 earnings surprise thanks to brisk album sales (Lisa’s solo album) and investment gains from subsidiaries (primarily Maxst). Now is the time to turn attention to the growth pot
The author is an analyst of KB Securities. She can be reached at leesunhwa@kbfg.com. -- Ed. Maintain BUY and TP of KRW500,000; Top pick among Korea Entertainment for 2022 We maintain BUY on HYBE and our TP of KRW500,000. We also recommend the stock as our top pick for Korea Entertainment. Derived us