The author is an analyst of NH Investment & Securities. He can be reached at william.ku@nhqv.com. -- Ed. In addition to a clinical trial of Remdesivir that started in China in February, Gilead has launched additional global phase III clinical trials of the drug. Initial clinical trial results in Chi

Attention is focusing on whether a Korea-U.S. monetary swap agreement will be signed in 10 years.“Currently, I think there is no problem with Korea’s external soundness, but the more safety nets we have, the better,” said an official from the Ministry of Strategy and Finance on March 12. "It is good

Samsung Electronics has topped the U.S. patent list for three consecutive years.The Korea Institute of Intellectual Property said on March 11 that Samsung Electronics has secured the top spot in a list of top 100 U.S. patent companies, which was announced in February by IAM, a U.S. publication that

The author is an analyst of NH Investment & Securities. He can be reached at will.byun@nhqv.com. -- Ed. Following its decision to freeze prices in March, China’s Baosteel has chosen to cut domestic prices in April. As of early-March, inventories look quite high for both the steel distribution market

Dowoo Insys has begun mass production of ultra-thin glass (UTG) for supply to Samsung Display.Doo Insys has recently received approval on its product from Samsung Display and started producing 250,000 sheets of UTG per month, industry sources said on March 12. UTG is used as the cover glass for fold

LG Display's share of the global market for smartphone organic light emitting diode (OLED) panels has surpassed 10 percent for the first time.LG Display recorded a 10.8 percent share in the fourth quarter of 2019, global market research company IHS Markit said on March 12. The figure represented

Apple ranked first in the global wearable device market last year with a 31.7 percent share. Samsung Electronics came in third, but showed the highest growth rate.Apple shipped 165 million wearable devices last year, up 121.7 percent from the previous year, market research firm IDC said on March 12.

South Korea was overtaken by Taiwan in TV panel market share last year, after it was outstripped by China in 2017.Samsung Display and LG Display produced 656 million units (9 percent) and 104.4 million units (14.3 percent) of OLED and LCD TV display panels, respectively, in the fourth quarter of 201

The U.S. government has judged that Korea's low electricity rates do not constitute a subsidy.The U.S. Department of Commerce calculated anti-dumping duties of up to 2.43 percent in the final decision of the second annual review of Korean-made galvanized steel sheets, said the Ministry of Trade,

Korea Exchange publicly disclosed on March 12 that it activated a sidecar at 1:04 p.m. in the KOSPI market.A sidecar is activated to temporarily suspend stock trading to alleviate shocks from market turbulence. In the KOSPI market, it is triggered when futures prices rise or fall by more than five p

AIA Group Limited announced on March 12 financial results for the year ended 31 December 2019.Growth rates are shown on a constant exchange rate basis below:Robust growth in value of new business• 6 percent growth in value of new business (VONB) to US$4,154 million• 16 percent growth in VONB excludi

The following is an analysis of the Financial Services Commission's recent decision to tighten regulations on the short-selling of stocks. The author is an analyst of Shinhan Investment Corp. He can be reached at sangho.kim@shinhan.com. -- Ed. The Financial Services Commission (FSC) announced on

The authors are analysts of Shinhan Investment Corp. They can be reached at hyungwou@shinhan.com and chank@shinhan.com, respectively. -- Ed. 1H20 earnings forecasts revised down on conservative demand outlookLG Innotek is expected to post sales of KRW1.5tr (+12% YoY) and operating profit of KRW39.6b

The Korean steel industry is experiencing difficulties due to the spread of the COVID-19 virus. China's steel inventory has risen to a record-high level due to delays in manufacturing and construction operations, and Chinese steelmakers are lowering prices to prune their inventory. To top it off

Dowoo Insys, a small company which began supplying glass for Samsung's new foldable phone Galaxy Z Flip, has suffered financial problems for the past 10 years despite its ownership of a core technology. The company holds 17 related patents thanks to its colossal effort for technology development

SK Telecom has established a digital healthcare joint venture named Invites Healthcare with Newlake Alliance Management, a Korean private equity firm.SK Telecom created Invites Healthcare by spinning off its healthcare business unit and joining hands with partners with extensive experience in the fi

The author is an analyst of NH Investment & Securities. He can be reached at soohong.cho@nhqv.com. -- Ed. Impacted by Covid-19 effects, Chinese car demand plunged in February. While uncertainties remain in play on the demand side, we expect to see a gradual recovery in both demand and utilization ra

Global e-commerce platform Cafe24 announced on March 12 that the company is upgrading its Global Customer Management service in cooperation with online business communication platform, ZOYI Corp.Cafe24’s Global Customer Management service makes it easier for merchants in Korea to reach foreign marke

The author is an analyst of NH Investment & Securities. He can be reached at j.ko@nhqv.com. -- Ed. Several e-pickup trucks are soon to enter the market. Noting that the average rechargeable battery capacity for e-pickup trucks is expected to surpass at least 100 kWh, we believe that their arrival wi

The authors are analysts of Shinhan Investment Corp. They can be reached at hyungwou@shinhan.com and chanoo9549@shinhan.com, respectively, -- Ed. Earnings forecasts for 1Q20 will need to undergo downward adjustment with the COVID-19 outbreak causing disruption in production and decline in consumptio