Samsung Electronics’ wearable walking assistance robot, GEMS Hip, is expected to come out in December at the earliest.The Korean tech giant is very prudent about the launch of the product as it considers the GEMS series as the main lineup in its robot commercialization portfolio.The product will be
Samsung Electronics announced on Sept. 15 its new environmental strategy, a comprehensive effort to join global efforts to tackle climate change. At the heart of the new commitment is achieving net zero carbon emissions (Scope 1 & Scope 2) for all operations in the Device eXperience (DX) Division by
Chong Kun Dang announced on Sept. 13 that it shared the results of the Phase 1 clinical trial on CKD-702, a new anticancer dual antibody biotech drug, at the European Society for Medical Oncology (ESMO) annual conference held in Paris, France from Sept. 9 to 13.Since May 2020, Chong Kun Dang has bee
The author is an analyst of NH Investment & Securities. He can be reached at kyeongkeun.kang@nhqv.com. -- Ed. Rainbow Robotics stands as the first in Korea to develop a biped humanoid robot. Having internalized robotics technologies for the manufacturing of core parts in the development process, the
EOFlow Co., a provider of wearable drug delivery solutions, announced on Aug. 31 that it has received certification from the United Arab Emirate (UAE) Ministry of Health and Prevention (MOHAP) to commercialize its wearable insulin pump ‘EOPatch’ and its controller ‘ADM’ as well as its smartphone app
The author is an analyst of NH Investment & Securities. He can be reached at pk.park@nhqv.co. -- Ed. China’s dental implant price guidelines state the necessity of separation between service and consumables prices. Consumables represent 10~20% of dental implant procedure prices. At VBP bidding, a ma
Former Bithumb Holdings chairman Lee Jeong-hoon has won a lawsuit in a Singapore court regarding the listing of Bithumb coin BXA.Bithumb said that the Singapore court ruled on Aug. 26 that BK Medical Group chairman Kim Byung-kun should return the proceeds from the sale of coins owned by BTHMB.BTHMB
The author is an analyst of NH Investment & Securities. He can be reached at junsup@nhqv.com. -- Ed. Hanwha General Insurance (HGI) once again reported sound quarterly earnings amid improving business conditions. While there was a hefty drop in shareholders’ equity, we see no need for concern consid
SK Inc. and SK Innovation (collectively, “SK”) invest in a next-generation small modular reactor (SMR) developer in the United States, stepping up their efforts to reduce global carbon emission. The investment is likely to provide a boost to SK Group’s strategy for the early achievement of net-zero
In the first half of 2022, Korea's health industry exports such as pharmaceuticals, medical devices, and cosmetics reached an all-time high on a semiannual basis. Export growth was driven by diagnostic reagents and COVID-19 vaccines.The industry's exports totaled US$13.35 billion in the firs
Medytox’s Chinese partner has announced that it would terminate cooperation with the Korean company in the botulinum toxin business, dealing a blow to Medytox’s efforts to expand its business in China. Bloomage BioTechnology announced on Aug. 3 that it notified Medytox on July 29 of its intention to
KT announced on July 20 that it has signed an MOU with Medi Plus Solution, a healthcare service company, to promote the telemedicine business in Vietnam.The two companies agreed to cooperate in the joint planning and development of non-face-to-face patient management services, verification of the de
The authors are analysts of Shinhan Investment Corp. They can be reached at hyungwou@shinhan.com and michlshim94@shinhan.com, respectively. -- Ed. 2Q review and 3Q outlook: Electronics parts sales deferred to 2HKoh Young Technology posted operating profit of KRW9.5bn (-17% YoY) on sales of KRW65bn (
The author is an analyst of KB Securities. She can be reached at leesunhwa@kbfg.com. -- Ed. Maintain BUY, target price of KRW100,000 We maintain BUY and TP of KRW100,000 on KT&G. The company is achieving top-line growth on solid domestic tobacco demand and its growing share of the global NGP market.
Daewoo Engineering & Construction (Daewoo E&C) and its consortium partners have disclosed a plan to develop an urban air mobility (UAM) service at the 2022 Korea Drone and UAM Fair held at Gocheok Sky Dome in Seoul from July 15 to 16.At the fair, the consortium presented a blueprint for UAM, includi
SK Telecom announced on July 18 that its two technologies regarding the control and interworking of quantum cryptography communication networks were adopted as new work items at the ITU-T meeting held in Geneva, Switzerland. They will be approved as international standards through discussions among
The author is an analyst of NH Investment & Securities. He can be reached at pk.park@nhqv.co. -- Ed. Dental implant exports set a new monthly record in June, led by strong exports to China and Iran. We view concerns over a q-q slowing in exports in early July as being overblown, advising investors n
As the emergence of the metaverse is expanding the virtual reality (VR) device market, Korean display companies are expected to benefit from it.DSCC, a market research company, forecast on July 11 that the global VR and AR display panel market would reach US$920 million in 2022, up 58.6 percent from
GC Labs and the three subsidiaries of GC Pharma (GC Pharma MS, GC Cell and GC Genome) announced on July 8 that the 24th International Congress of Clinical Chemistry and Laboratory Medicine was successfully wrapped up in Seoul.The three subsidiaries and the medical foundation participated in the cong
The authors are analysts of Shinhan Investment Corp. They can be reached at shawn1225@shinhan.com. -- Ed. July top picks: Celltrion Healthcare, Daewoong Pharmaceutical, Alteogen, Dongkook Pharmaceutical, Dentium, and LegoChem BiosciencesThree investment strategies and top picksOur healthcare sector