The author is an analyst for NH Investment & Securities. She can be reached at jiyoony@nhqv.com -- Ed.C&C International achieved its highest-ever quarterly sales in 2Q23, chalking up strong top-line growth in North America (+225% y-y), China (+246% y-y), and at home (+49% y-y). We believe that this
Ahead of the government's legislation on security tokens (hereinafter referred to as STO), the related industries are experiencing an acceleration in their movement.According to a media report in Busan, it has been revealed that Aiitone (CEO Jin Yeop Lee), a company listed on KOSDAQ is joining a
The semiconductor battle between the United States and China is escalating. The U.S. has imposed sanctions on semiconductor exports to China, citing threats to national security, to which China responded by blocking exports of key semiconductor minerals. The U.S. is now considering restricting even
Coway's cutting-edge Airmega ProX has gained the highest consumer rating among air purifiers, according to US consumer media industry reports, reinforcing the company’s position as a pioneer in air purification technology.The performance evaluations conducted by Consumer Reports, a leading US co
China’s auto exports in the first half of the year topped the world for the first time ever by beating Japan. This is attributed to expanding sales of new energy-powered vehicles such as electric cars in the Russian market from which U.S., Japanese and European automakers have been withdrawing since
Large Korean companies such as Samsung Electronics, SK hynix and Hyundai Motors spent a record amount of money on lobbying in the United States in the first half of this year, according to OpenSecrets, a nonprofit political fund tracking organization. This is due to the fact that not only U.S. compa
The author is an analyst for NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com -- Ed.Zenonia, Com2uS Holdings’ first game release after its transition to a publishing-based model, is showing healthy early sales. Despite excessive marketing cost execution, we believe that marketing
The author is an analyst for NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com -- Ed.We anticipate the unveiling of specifics regarding Kakao’s AI business model from October. The expansion of advertising in open chat and the Friends Tab should be a key point in the firm’s earning
The author is an analyst for NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com -- Ed.Helped by healthy early sales of Zenonia and MLB 9 Innings Rivals, Com2uS should turn to profit in 3Q23. However, continuing losses at the media arm are hindering both overall earnings and the sha
Methanol-fueled ships have eclipsed liquefied natural gas (LNG) vessels, claiming the premier position for the highest number of environmentally friendly ship orders placed from January to July this year. South Korea’s shipbuilding sector, which has been cultivating its technological expertise in me
LS Group has augmented its new investment plan for the Saemangeum National Industrial Complex by an additional 840.2 billion won (US$642.35 million), expanding its initial 1 trillion won commitment. This move signifies LS Group’s resolute endeavor to pursue “full domestic production” in the competit
Amid the prevailing downturn in the semiconductor sector, Samsung Electronics managed to maintain its leadership in the global memory semiconductor market during the first quarter of this year, while SK hynix encountered a decline in its market standing.According to market research firm Omdia on Aug
Dong Wha Pharm announced on Aug. 3 that it has signed a contract to acquire a 51% stake in “TRUNG SON Pharma,” a company that operates a pharmacy chain in Vietnam.TRUNG SON Pharma operates over 140 pharmacy chains in the southern region of Vietnam. The company recorded sales revenue of approximately
As interest in superconductors with zero electrical resistance grows, a lot of attention is being paid to LS Cable & System’s development of superconducting cables. Although the implementation of superconductors at room temperature is still a long way off, the company’s strategy is to commercialize
The total amount of battery energy in electric vehicles registered in 80 countries around the world in the first half of this year was 304.3 gigawatt hours (GWh), up 50.1 percent year on year, according to SNE Research on Aug. 3. The electric vehicles included battery electric vehicles (BEVs), plug-
The number of new imported passenger car registrations in July was 21,038, down 1.3 percent from a year earlier, according to the Korea Automobile Importers & Distributors Association on Aug. 3. The figure was down 21.0 percent from the previous month. The cumulative total from January through July
The author is an analyst for Shinhan Securities. He can be reached at jk.ahn@shinhan.com -- Ed.Steep rate hikes and reduced bond issuance accelerate yield curve inversionA surge in short-term yields caused by steep base rate hikes is the first reason why we are seeing a sharper yield curve inversion
The author is an analyst for Shinhan Securities. He can be reached at snowKH@shinhan.com -- Ed.2Q23 earnings surprise with OP of KRW52.7bn (+83% YoY)Hyundai Autoever registered operating profit of KRW52.7bn (+83% YoY) on sales of KRW753.9bn (+20% YoY) in 2Q23, an earnings surprise that beats our est
During the middle of July, South Korea witnessed a consecutive two-month rise in its foreign exchange reserves, reflecting an increase of US$350 million. This surge can be attributed to the upward valuation of foreign currency assets against the backdrop of a weakened U.S. dollar, particularly again
The rise of Poland as a prominent hub for Eastern European electric vehicle battery and defense industries has positioned it as a strategic focal point for domestic and international corporations. The recent collaboration with Ukraine’s reconstruction efforts has also attracted attention from domest