The continued decline in semiconductor prices and a slowdown in the growth rate of automobile exports have led to a deterioration in the growth and profitability indicators of domestic companies in the third quarter from July to September.According to the results of the “Q3 Corporate Management Anal
Samjong KPMG (KPMG Korea) predicts that the semiconductor and smartphone markets will rebound in 2024 thanks to the full-scale commercialization of artificial intelligence (AI) technology. On the other hand, the automobile, shipping, construction, and distribution industries are likely to show slugg
Huawei’s launch of a 5G smartphone equipped with a 7-nanometer chip in August sparked immediate calls in the United States for stronger sanctions against China, highlighting the global significance of the U.S.-China tech competition.However, upon closer examination, this U.S.-China tech rivalry also
The author is an analyst for NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com -- Ed.Backed by lower P/E levels than those for other game companies and healthy 3Q23 earnings, Krafton’s share price has rebounded. However, the recent share price rise has pushed up its P/E. As Krafto
Samsung C&T is leading the smart construction market by actively introducing robotic technology to replace high-risk tasks on construction sites. Notable examples include floor robots for access floor construction, anchor construction robots, and drilling robots.In 2021, Samsung C&T commercialized a
Analysts suggest that credit card companies partnering with mobile payment systems like Apple Pay experience initial benefits in attracting new customers, but face challenges in anticipating sustained profitability in the long run.According to sources in the financial sector on Dec. 7, Oh Tae-rok, a
Hyundai Motor will shut down its local plant, which once drove the automaker’s strong sales in Russia, by the end of this year. Some local reports say that the Korean carmaker will sell the plant to a local company in Russia in the aftermath of the Russian-Ukrainian war.Hyundai Motor plans to close
In November, Lexus sold 1183 units, a 42.4 percent surge from the same month of 2022 in Korea.Mercedes-Benz topped import sales last month. Volvo and Lexus were also strong. By vehicle type, sales of internal combustion engine cars declined, while sales of eco-friendly cars such as hybrids and elect
Starting on Dec. 6, it will be possible to use automated teller machines (ATMs) without a card if you have a smartphone.According to the Bank of Korea on Dec. 5, the Financial Information Technology Promotion Council, the Korea Financial Telecommunications and Clearings Institute (KFTC), and 17 Kore
As China’s economy has expanded its independence in intermediate goods, it will be difficult for South Korea to enjoy the same benefits as in the past, according to a report on China’s growth structure transition process and the ripple effects released by the Bank of Korea (BOK) on April 4. The repo
Due to a slump in the global economy, auto demand is expected to decline in Korea and Korea’s car exports are expected to increase slightly as Korean car makers still have waiting orders. Therefore, Korea’s car production is expected to remain flat next year.The Korea Automobile and Mobility Associa
Alibaba Group’s 1688.com will open its platform in South Korea in February next year with a local partner in Korea. 1688.com is a business-to-business (B2B) platform with high price competitiveness and a wide range of products.KOSDAQ-listed Neorigin recently formed DC Virus, a joint venture with Chi
Samsung Electronics has reportedly incurred costs amounting to about 9 trillion won for chip purchases from global application processor (AP) manufacturers, including Qualcomm and MediaTek. The analysis suggests that the exclusion of Samsung’s in-house AP, Exynos, from key products due to performanc
KT announced on Dec. 1 that it had swept two categories at the GLOTEL AWARDS 2023 held in London, the U.K., on Nov. 30 (local time). Nominated in four categories -- 5G Future Vision, 5G Specialized Network Project of the Year, Best Telecommunications Operator, and Security Solution of the Year -- KT
The author is an analyst for NH Investment & Securities. He can be reached at esshim@nhqv.com -- Ed.After a large stake selloff by a strategic collaborative client, Suresofttech’s share price has slid amid worsened investor sentiment. But, we expect the collaboration to continue, with steady earning
Hyundai Motor Group, which controls both Hyundai Motor and Kia Corp., ranked seventh globally, posting sales of 378,462 electric vehicles (EVs), battery electric vehicles (BEVs), plug-in hybrids (PHEVs) and hydrogen fuel cell cars sold worldwide from January to September this year. Including sales o
ChangXin Memory Technologies (CXMT), a leading DRAM semiconductor company in China, has independently developed and started mass production of LPDDR5 DRAM memory chips. If true, this development puts them just four years behind industry leader Samsung in technology.On Nov. 29, ChangXin Memory announ
On Nov. 25 (local time), construction began on Hyundai Motor’s electric vehicle-dedicated factory, “Hyundai Motor Group Metaplant America (HMGMA),” in Ellabell, Georgia, the U.S.Alongside the increase in automobile exports, the export of automotive parts is also on the rise. As the supply of finishe
Autonomous a2z, a member of the Venture Enterprise Association and an autonomous driving startup, disclosed on Nov. 27 that it has signed a memorandum of understanding with Horiba Mira from the U.K., focusing on future mobility.In October, Autonomous a2z successfully completed a Series B funding rou
Samsung Electronics has confirmed on Nov. 27 that they have completed the trademark registration for the terms “AI Smartphone” and “AI Phone” in connection with the launch of an artificial intelligence (AI) equipped smartphone next year. This registration was finalized on Nov. 24 with the European U