Germany’s move to ban the use of Chinese fifth-generation (5G) telecommunications components including those from Huawei over security concerns in Germany prompted China to imply that it will retaliate.“If the German government decides to move toward excluding Huawei without proving that China poses
Mirae Asset Securities customers have reaped over 3.5 trillion won (US$2.61 billion) in capital gains from their overseas stock investments over the past three years. Excluding confirmed capital gains, the unrealized profits from the top 10 holdings of these customers also exceed 3 trillion won.Mira
Therawave, a premium home care device brand, which enables the popular dermatological procedure, (Local Dynamic Microwave) lifting conveniently at home, is launching on September 18, 2023, and has appointed Kim Sa-rang as the brand ambassador.Therawave applies the technology of professional medical
Celltrion announced on Sept. 19 that it is focusing on securing various platforms and pipelines including oral antibody therapeutics, antibody drug conjugates (ADCs), new antibody drugs, bispecific antibodies, microbiomes and anti-cancer virus platforms through development and research as well as op
South Korea’s semiconductor industry is focusing on improving its financial health in the second half of the year, pivoting around High Bandwidth Memory (HBM) for DRAM and reducing NAND output.On Sept. 12, the semiconductor sector anticipates that DRAM prices will cease their decline and enter a sig
Amid intensifying competition for technological supremacy in high-tech industries such as the semiconductor and battery industries, R&D cooperation with the United States, a leader in original technology, is crucial for factories in Korea to become “mother factories” that serve as the brains of comp
TiumBio Co., Ltd. (KRX: 321550. KQ), a clinical-stage biopharmaceutical company focusing on discovering and developing innovative therapeutics for patients with rare and incurable diseases, today announced that the Phase 1a results of TU2218 will be presented at the 2023 European Society of Medical
Samsung Electronics has been surpassed by U.S.-based company Intel, landing it in the second spot in global semiconductor sales rankings.According to market research firm Omdia on Sept. 8, Samsung Electronics’ semiconductor sales for Q2 (April-June) totaled US$9.45 billion, falling behind Intel’s US
SK Telecom presented a blueprint for 6G mobile communications in a keynote speech at the Innovative Optical & Wireless Network (IOWN) Global Forum, a global next-generation communications standards organization. Established in January 2020, the forum includes 125 big tech companies including NTT, So
SK hynix’s global DRAM market share crossed 30 percent in the second quarter of this year as a boom in generative artificial intelligence (AI) has fueled demand for high-bandwidth memory (HBM). Its gap with market leader Samsung Electronics has reached its narrowest point in a decade.According to ma
SK ecoplant, an environment and energy firm, has secured a contract to provide solid oxide fuel cells (SOEC) to a data center power supply system under construction in Singapore by GDS, China’s largest data center development and operation company.On September 4, SK ecoplant announced its contract w
Samsung Electronics and LG Electronics have expressed differing views on microLED TVs, super-premium large TV models priced at over 100 million won. While Samsung pinpoints microLED as its next strategic display, LG points out its limitations, emphasizing the growth potential of Organic Light Emitti
The Korean Institute for Industrial Economics & Trade (KIET) revealed in its report titled “Global Non-Memory Semiconductor Market Landscape and Policy Implications” on Sept. 3 that last year Korea’s market share in the global non-memory semiconductor sector was a mere 3.3%, which is only one-third
A TV war has heated up between two Korean home appliance giants – Samsung Electronics and LG Electronics – at IFA 2023, Europe’s largest consumer electronics and information technology show. While the two Korean TV giants are leading the premium TV market with their strong technological competitiven
SK on, a subsidiary of SK innovation battery, has successfully co-developed an oxide-based solid electrolyte with the world’s highest lithium-ion conductivity.On Aug. 31, SK on announced that the research results on the oxide-based solid electrolyte, co-developed with Professor Park Hee-Jung’s resea
Global glass manufacturing company Corning, which has an annual revenue of 20 trillion won (US$15.09 billion), is expanding its thin glass production hub in South Korea. Thin glass is gaining attention in the mobile industry as an essential component for foldable phones. This move is seen as a choic
Korea’s display companies are in a hot race with those of China to preempt the market for inorganic light-emitting diode (iLED) displays, touted as a future growth driver. Korea is considered to be lagging behind China in the iLED display market.The market for micro LED panels grew to US$27 million
The Korean government sees eye to eye with major Korean semiconductor giants, including Samsung Electronics and SK hynix, regarding developing advanced packaging technology for semiconductors.The Ministry of Trade, Industry and Energy (MOTIE) announced on Aug. 29 that it signed an agreement with sem
The author is an analyst for NH Investment & Securities. He can be reached at jack.baek@nhqv.com -- Ed.Sanigen provides A-to-Z solutions for food safety. Amid the government’s strengthening of food safety regulations, HACCP certification is to become increasingly important. Accordingly, interest sho
According to industry sources on Aug. 28, the automotive semiconductor market, which has been a market centered on low-end products in a multi-product, low-volume production system, is rapidly emerging as a source of demand for high-performance semiconductors in the trend of strengthening autonomous