The author is an analyst of NH Investment & Securities. He can be reached at jack.baek@nhqv.com. -- Ed. Daedong Corp boasts the largest market share among Korean agricultural machinery manufacturers. It is planning to expand its business scope, including entering the smart mobility arena, with the u
HMM, the nation’s largest shipping company, plans to expand its capacity from the current 820,000 TEUs to 1.2 million TEUs by 2026 and invest 15 trillion won in strategic shipping assets during the next five years.HMM announced a mid- to long-term strategy at its main office in Yeouido, Seoul, on Ju
The Export-Import Bank of Korea (Korea Eximbank) announced on July 10 that it will establish a 500 billion won fund to promote Korean companies' investment in environmental, social, and governance (ESG) projects and support Korean small and medium-sized companies’ exports and overseas investment
Samsung Display has raised its production yield of quantum dot (QD)-based organic light emitting diode (OLED) displays to 85 percent.Samsung Display president Choi Joo-sun had a meeting with executives and employees at Giheung Campus in Yongin of Gyeonggi Province on July 1. After announcing the com
Korea Hydro & Nuclear Power (KHNP) announced on June 30 that it took part in a regular general meeting of the Utilities Service Alliance (USA), an American nuclear power plant operator group, for three days from June 28 to 30 (local time).The event, held in Idaho of the United States, was attended b
So-called “aristocratic labor unions” are attempting to raise wages by hundreds of millions of won, citing price hikes. Labor unions of major Korean conglomerates are putting pressure on the management by threatening to go on strike if their wage demands are not met, even in the midst of a stagflati
China’s BOE benefited from a seven-year legal battle between Samsung Display and LG Display over organic light emitting diode (OLED) panel technology, some analysts say. Many Korean display engineers moved to China’s BOE in the process.On June 23, Nikkei Asia reported that more than 100 Korean engin
The embassy of the United Arab Emirates (UAE) in Seoul announced on June 23 that it is participating in Imported Goods Fair 2022 (IGF 2022), which opened on the day at the COEX Convention Center for a three-day run, to promote various products from the Middle East country.UAE Ambassador to Korea Abd
LG Display announced on June 15 that it will borrow US$1 billion from major global financial companies to expand OLED module lines at its Vietnamese plant.The lenders include the Australia and New Zealand Banking Group (ANZ), Hongkong and Shanghai Banking Corp. (HSBC), Citibank and CaixaBank of Spai
The number of patent applications related to advanced driver assistance system (ADAS), a core technology for autonomous vehicles, is increasing fast.As some automakers such as Hyundai Motor, Mercedes-Benz, and Honda are promoting the commercialization of Level 3 autonomous vehicles capable of condit
Samsung Display has abandoned its liquid crystal display (LCD) business, but is hesitant to invest in large organic light emitting diode (OLED) TV panels, which are regarded as next-generation displays. This is because Samsung Electronics, which is its biggest client, is showing a lukewarm attitude.
Huawei held the “Fast, Reliable, and Green Data Center” forum during the Huawei APAC Digital Innovation Conference 2022, which was held on May 19-20 in Singapore.The forum focused on how enterprises can build new generation data centers in the digital economy to cope with several challenges, such as
The author is an analyst of NH Investment & Securities. She can be reached at yd.yoon@nhqv.com. -- Ed. Boasting a rather unique business structure for a securities play, Daishin Securities is pursuing growth mainly along the two axes of securities and real estate finance business. Although securitie
The author is an analyst of NH Investment & Securities. He can be reached at ys.jung@nhqv.com -- Ed. Pan Ocean registered a 1Q22 earnings surprise, backed by fleet expansion, accurate market forecasts, and cost competitiveness. With the firm’s profit-generating power standing intact, we anticipate f
LG Display is preparing to enter the extended reality (XR) market, a company official said on April 27. “We are closely monitoring the XT market and are preparing to enter it quickly if profitability and market size meet our standards,” the official said in a conference call for a first-quarter earn
Chinese display maker BOE will reportedly supply OLED panels for the basic model of the iPhone 14 series, which is scheduled to come out in 2022. BOE have thus far supplied panels for refurbished iPhones, but this time it will supply panels for new iPhones.Chinese IT media outlet MyDrivers reported
SK Earthon has secured the right to explore and develop an oil mining block off the coat of Sarawak, Malaysia.The company, a subsidiary of SK Innovation, announced on April 24 that it signed a production sharing contract for Block SK 427 with Petroliam Nasional Berhad (Petronas), a Malaysian state-o
Samsung Display and LG Display are expected to supply most of the organic light emitting diode (OLED) panels for the iPhone 14 smartphone, which is scheduled to be released in the second half of 2022.Samsung Display is expected to exclusively supply OLED panels for the iPhone 14 Pro, according to fo
The Korea display industry has recommended that the Korean government designate next-generation display technologies such as organic light emitting diode (OLED) and quantum dot (QD)-OLED technologies as national strategic technologies. The display industry wants to make leading-edge display technolo
SK On has finally selected a Chinese company as a supplier of key process equipment for its new battery plants in Hungary and China. It is unusual for SK On to choose a Chinese company, as it has mainly used Korean equipment.SK On has selected China’s Hangke as a supplier of formation process equipm