The author is an analyst for NH Investment & Securities. He can be reached at esshim@nhqv.com -- Ed.After a large stake selloff by a strategic collaborative client, Suresofttech’s share price has slid amid worsened investor sentiment. But, we expect the collaboration to continue, with steady earning
The U.S. Department of the Treasury is set to announce detailed regulations on “Foreign Entities of Concern” (FEOC), which excludes some companies from electric vehicle tax incentives under the Inflation Reduction Act (IRA), on Dec. 1 (local time). The South Korean battery industry is closely monito
Daewoo E&C announced that its chairman, Jung Won-ju, visited Singapore on Nov. 27 and 28 to meet with the CEOs of Keppel Land and Capitaland Investment, subsidiaries of Temasek Holdings, one of the world’s largest sovereign wealth funds, to discuss collaborative opportunities in global real estate d
ChangXin Memory Technologies (CXMT), a leading DRAM semiconductor company in China, has independently developed and started mass production of LPDDR5 DRAM memory chips. If true, this development puts them just four years behind industry leader Samsung in technology.On Nov. 29, ChangXin Memory announ
The S-OIL Science Prodigy and Culture Foundation (President Hong Suk-woo) on Nov. 29 held a ceremony for the 13th Dissertation of the Year Awards and the 5th Next-generation Scientist Fellowship Awards at the headquarters of S-OIL in Gongdeok-dong, Mapo-gu, Seoul. At the ceremony co-organized by the
South Korean shipbuilding companies are actively considering the construction of overseas production bases to address a shortage of manpower. However, some are raising concerns about potential “technology leakage” arising from the construction of overseas shipyards.According to industry sources on N
JW Holdings has commenced the full-scale export of “WINUF Central 736-1085 ml,” a three-chamber comprehensive nutritional fluid product, to Asia Pharma LLC in Mongolia, as announced on Nov. 28.JW Holdings, overseeing JW Group’s global operations, had previously secured an exclusive supply contract f
Samsung Electronics has overtaken Apple as the world’s most innovative company. Despite the long-term slump in its flagship semiconductor business, the company’s record-breaking investments to secure future growth drivers and its patent holdings were highly evaluated.Samsung Electronics scored 9.25
With Chinese authorities set to begin controlling graphite exports, a key raw material for anode materials for batteries, in December, they held an event with Korean companies only to explain how they will enforce their export control policy.This was the first time China, which has played the weapon
With a short-term external debt ratio reaching a historically low level in the third quarter of this year, South Korea’s ability to meet external obligations is demonstrated by an increase of US$21.4 billion in net external financial assets in just one quarter. This is because debts decreased more s
Samsung Electronics and SK hynix, leaders in the memory semiconductor market, are facing intense competition from China. The Chinese government is pouring substantial funds into developing a self-sufficient memory semiconductor industry to reduce its dependency on foreign technology.According to ind
On Nov. 16, POSCO Group held POSCO Group Tech Day at Renault’s R&D Center in France and introduced its key eco-friendly future material technologies and main products, as announced on Nov. 19.The event was attended by over 600 people, including Kim Ji-yong, CTO of POSCO Holdings and head of the Futu
The author is an analyst for NH Investment & Securities. He can be reached at bk@nhqv.com -- Ed.Although the Covid-19 pandemic has ended, it has impacted global policies and life patterns. Anti-globalization has accelerated, and the new Cold War has deepened, with regional wars erupting. While drama
Kolmar Korea Holdings has been recognized as a leading company in sustainable management in South Korea for the second consecutive year, owing to its achievements in environmental, social, and governance (ESG) management.The company announced on Nov. 16 that it was appointed to the 2024 Lead Group d
The National Pension Service (NPS) has purchased a large stake in Coinbase, the largest U.S. cryptocurrency exchange, for the first time, paving the way for future direct investment in cryptocurrencies.According to a stock holdings report filed by the NPS to the U.S. Securities and Exchange Commissi
The Financial Supervisory Service (FSS) has taken a proactive stance in a full-scale confrontation with short-selling forces, revealing that it has detected 33 cases of naked short selling this year and imposed fines and penalties amounting to 10.5 billion won (US$8.11 million). FSS Governor Lee Bok
Thomas Ingenlath, CEO of Polestar and a designer by profession, made a surprise announcement at the Polestar Day event held in Los Angeles, California, on Nov. 9 (local time). He revealed plans to produce the Polestar 4, a coupe-style Sports Utility Vehicle (SUV), in South Korea.On Nov. 16, the auto
FILA Holdings announced its third-quarter results and a special dividend through public disclosure on Nov. 14.The company’s consolidated revenue reached 990.19 billion won and its operating profit stood at 92.56 billion won, supported by subsidiary Acushnet’s robust sales. The FILA brand’s group-wid
The author is an analyst for NH Investment & Securities. He can be reached at pk.park@nhqv.com -- Ed.In November, the number of DeepCARS installed in general hospitals exceeded the expectation level of 55. Penetration into 65 hospitals (11 tertiary hospitals) is expected within the year. We see 4Q23
LG Group Chairman Koo Kwang-mo is facing the first inheritance dispute in LG’s history since its founding in 1947. For 75 years, the company had not experienced any property disputes, including control of the business, but it has become embroiled in litigation for the first time in this case.Accordi