Samsung SDI is accelerating its pursuit of next-generation battery technology by establishing a new development organization aimed at solidifying its technological edge.On Dec. 7, the industry reported that Samsung SDI has conducted a regular organizational restructuring. Notably, this reorganizatio
SK hynix has established a dedicated organization named “AI Infrastructure” (AI Infra) to strengthen its competitiveness in the high bandwidth memory (HBM) business, a high-value product segment. The AI Infra organization is led by Vice President Kim Joo-sun, who previously headed the Global Sales &
In the market on Dec. 6, there is a stark difference in perspectives regarding the public acquisition of Hankook & Company by MBK Partners, the largest private equity fund in South Korea. Some view it as “an intervention for the normalization of corporate value,” while others perceive it as “a hosti
In the third quarter, as the global NAND flash market saw a slight increase in sales, major companies also reported growth in revenue. Samsung Electronics maintained its lead with the number one market share, while SK hynix climbed from third to second place.Market research firm TrendForce reported
The author is an analyst for NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com -- Ed.Starting from 4Q23, OP should normalize at Netmarble. With expectations in play for its 2024 lineup, the firm is anticipated to enjoy new game momentum as well as annual OP improvement. Financial
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
Hyundai Mobis (KRX 012330) announced on 5th that Hyundai Mobis has established the 'Electrification Research Center' within the Hyundai Motor Group's Uiwang R&D Center in Uiwang, Gyeonggi Province and held an inauguration ceremony. At the ceremony, the newly appointed President of Hyundai Mobis, Lee
Hanwha Systems has successfully launched South Korea’s first domestically designed and manufactured small Synthetic Aperture Radar (SAR) satellite, a low-orbit Earth observation satellite. This marks the first time a South Korean private company has independently developed, launched, and operated an
This year has seen a significant improvement in the profits of insurance companies, largely attributed to the substantial increase in insurance gains following the introduction of the new IFRS17 international accounting standard. As banks, which have made large-scale interest income this year, are p
Hanwha Systems has announced the successful launch of its self-developed “Small SAR Satellite” from the seas south of Jeju Island at exactly 2:00 p.m. on Dec. 4. This launch marks a significant milestone as it represents the first domestic development of such a satellite in South Korea. The launch v
Celltrion announced on Nov. 30 (local time) that it has completed the application for product licensing with the U.S. Food and Drug Administration (FDA) for its biosimilar CT-P41 of the osteoporosis medication Prolia-Xgeva (active ingredient: denosumab).Based on the results of global Phase 3 clinica
The author is an analyst for NH Investment & Securities. He can be reached at kyeongkeun.kang@nhqv.com -- Ed.Furonteer supplies key assembly and inspection equipment for autonomous driving sensing cameras. Backed by the increasing deployment of high-quality sensing cameras by a major end-user (an EV
The government is driving the development of next-generation batteries with significantly improved energy density and safety.On Nov. 29, the Ministry of Trade, Industry, and Energy (MOTIE) announced that the “High-performance Next-Generation Secondary Battery Technology Development Project for Eco-f
The Ministry of Food and Drug Safety announced on Nov. 29 that it will proceed with the revocation of the Good Manufacturing Practice (GMP) certification for large-scale dosage forms of solid oral preparations (tablets and capsules) of HUTECS Korea Pharmaceutical.During an on-site inspection by the
NPCore, an AI-based cybersecurity solution specialist (hereafter referred to as NPCore), with CEO Han Seung Chul, announced today that it has successfully completed raising 8 billion won in investment through a Pre-IPO. Last month, NPCore received a TI-1 grade from NICE evaluation information's inve
LG Display has started to further solidify its global No. 1 position in the automotive display business, which is an order-based business and a future growth driver behind differentiated technologies.LG Display has been ranked No. 1 in the world in terms of shares of the market of premium automotive
Lotte Chemical has pioneered the domestic development of manufacturing technology for separator coating materials to address the instability of lithium metal anodes.Lotte Chemical announced on Nov. 28 that it has completed the development and domestic patent application for manufacturing technology
On Nov. 28, Hyosung TNC announced a major overhaul of its textile brands, including the rebranding of its high-performance fiber brand CREORA and its eco-friendly fiber brand regen.This restructuring aims to consolidate its 65 textile brands into two primary categories, CREORA and regen, to enhance
After 50 years of growth, POSCO is preparing for the next 50 years with its hydrogen reduction steel technology. The Korean steelmaker plans to finalize the commercialization of its HyREX technology by 2030 and convert its Pohang and Gwangyang steel plants to those based totally on the new steelmaki
Jusung Engineering, a semiconductor, display, and solar equipment company, has carved a mythical path in the barren land of domestic ventures. This year marks its 30th anniversary. Established in 1993, the company has experienced various challenges but has achieved remarkable growth through continuo