Toyota and Nissan are planning to invest 160 billion yen and 200 billion yen in order to increase their EV battery production capacities, respectively. The Nikkei reported on May 29 that the investment from Toyota pertaining to the period of April this year to March next year is approximately 200 pe
The gap between TSMC and Samsung Electronics, the world's top two semiconductor companies in market capitalization, has widened over the past one year.The market capitalization of Samsung Electronics increased 59.5 percent during the period while that of TSMC grew 96.3 percent.TSMC's market
The author is an analyst of NH Investment & Securities. He can be reached at kyeongkeun.kang@nhqv.com. -- Ed. LB Lusem is a global top-three DDI (COF) packaging company. DDI demand is set to increase as display trends change. Following its incorporation into the LB Group, the firm has reported stabl
EOFlow, a provider of wearable drug delivery solutions, announced on May 25 that it has received CE Mark from the European Union (EU) for its wearable insulin pump ‘EOPatch,’ controller ‘ADM’ and smartphone app ‘Narsha.’ Narsha is known to be the world's first commercially approved app that can
Samsung, Hyundai Motor, LG and SK Groups announced large-scale U.S. investment plans during the recent summit between U.S. President Joe Biden and South Korean President Moon Jae-in. The groups’ concerns are mounting over their relationship with China with U.S.-China rivalry intensifying and China s
The Nihon Keizai Shimbun recently analyzed 57,000 companies’ corporate tax burdens for 2018 to 2020 by dividing their corporate taxes by their pre-tax profits and announced on May 9 that Samsung Electronics’ burden is 27.8 percent whereas the average of Google, Apple, Facebook and Amazon is 15.4 per
The author is an analyst of NH Investment & Securities. He can be reached at junsup@nhqv.com. -- Ed. Mirae Asset Securities reported 1Q20 NP close to its historic-high level, and the firm’s promissory note issuance proposal has been approved. The company’s valuations are appealing as its shares pric
Imported car sales in April rose 11.5 percent on year in the Korean automobile market. The best-selling imported car brand was Mercedes-Benz, followed by BMW at second place. In particular, Mercedes-Benz and BMW, which do not manufacture cars in Korea, sold more cars than GM Korea, Renault Samsung a
The author is an analyst of NH Investment & Securities. He can be reached at dongyang.kim@nhqv.com. -- Ed. In 2021, Samsung C&T’s bio division should display strong earnings momentum in line with an increased utilization rate. Governance-related benefits are also likely, including higher dividend pa
Samsung Electronics is expected to soon release a foldable tablet following foldable smartphones.The company has recently registered the “Galaxy Z Fold” trademark with the European Union Intellectual Property Office (EUIPO). It specified the Galaxy Z Fold as a trademark for smartphones and tablet co
Unionized Hyundai Heavy Industries (HHI) workers initiated this year’s second strike on April 23. In this company, this year’s collective bargaining and wage negotiations have already failed twice and the workers are calling for additional negotiations.An unusual point is that the union is divided i
EOFlow, a Korean pharmaceutical company that has developed an innovative wearable insulin pump, plans to expand its wearable drug delivery solutions to other non-insulin drugs.The company disclosed this plan during a session at the 2021 spring symposium of the Korean Endocrine Society, which was hel
The authors are derivatives/ETF analysts of Shinhan Investment Corp. They can be reached at seonghun.k@shinhan.com and buykkang@shinhan.com, respectively. – Ed. Focus on stocks expected to join MSCI Korea IndexThe Morgan Stanley Capital International (MSCI) is set to announce the results of the May
The author is an analyst of KB Securities. He can be reached at joonsop.analyst@kbfg.com. -- Ed. Changes to dividend policy, intent to reform governance structure announced— SK telecom at its Mar. 25 shareholder meeting disclosed that in light of its view that the current share price does not fully
Samsung Electronics is expanding its cooperation with Intel in order to lead the next-generation DRAM chip sector. Intel recently decided to make a large-scale investment in the foundry sector. In other words, the two companies are cooperating and competing at the same time.Samsung Electronics annou
The authors are analysts of Shinhan Investment Corp. They can be reached at jwsung79@shinhan.com and hanny.lee@shinhan.com, respectively. -- Ed. 4Q20 consolidated OP reported at KRW10.5bn (-22% YoY)JYP Entertainment posted consolidated operating profit of KRW10.5bn (-22% YoY) on sales of KRW41.7bn (
Korean memory semiconductor companies are facing a tough challenge from competitors, especially from Micron Technology of the United StatesMicron, the world's fifth-largest NAND flash maker, began to supply 176-layer NAND flashes to customers for the first time in the world in November 2020. It
William C. Hannas and James Mulvenon wrote in their book titled “Chinese Industrial Espionage: Technology Acquisition and Military Modernization” that the Chinese government was engaged in technological espionage for decades while supporting technology theft in the cyberspace.On March 3, Reuters rep
The authors are analysts of NH Investment & Securities. They can be reached at minjae.lee@nhqv.com and ys.jung@nhqv.com, respectively. -- Ed. Looking at large wind power plants, offshore construction boasts several advantages over onshore development, including superior wind speed/direction and fewe
Samsung Electronics has developed the industry’s first High Bandwidth Memory (HBM) integrated with artificial intelligence (AI) processing power — the HBM-PIM.The new processing-in-memory (PIM) architecture brings powerful AI computing capabilities inside high-performance memory, to accelerate large