The author is an analyst for Shinhan Securities. He can be reached at jk.ahn@shinhan.com -- Ed.BOK in a bind, unable to raise or cut ratesConsumer price inflation slowed down to 2.7% YoY in June, falling to 2% levels for the first time since September 2021. Contribution to CPI growth by category cam
Leading global corporations from South Korea including Samsung, SK, Hyundai Motor, and LG have set up local offices around Capitol Hill and are strengthening communications with the U.S. government and Congress by recruiting high-ranking former U.S. bureaucrats and other influential figures.Last yea
Smartphone companies from Japan and China, which once claimed they would surpass Samsung Electronics, are sequentially withdrawing from the business. This is due to receiving evaluations that their quality and price competitiveness are subpar. Samsung and Apple outperformed them in the high-end mark
Pernod Ricard Korea, the Korean unit of the global wine and spirits company Pernod Ricard, announced that it held a special lecture to help build a sustainable bar culture.The special lecture was offered on June 26 as part of the Bar World of Tomorrow training program that Pernod Ricard Korea has be
Hyosung Group announced on June 23 that its Chairman Cho Hyun-joon, who is part of the economic delegation accompanying President Yoon Suk-yeol’s state visit to Vietnam, personally inspected the local business progress and future investment plans. Hyosung first entered the Vietnamese market in 2007,
Korea’s inheritance tax burden is too heavy and is weakening Korea’s corporate competitiveness, the Korea Chamber of Commerce and Industry (KCCI) said in a proposal to the government and the National Assembly on improving the Korean tax system in 2023 on June 21.The KCCI’s proposal includes 137 task
In the fiercely competitive landscape of South Korea's 5 trillion won burger market, Shake Shack, a front runner in the premium burger sector, is setting out to solidify its top position.According to market research firm Euromonitor on June 15, the domestic burger market, worth 2.6 trillion won
While the number of Hyundai Card users who have adopted Apple Pay, recently launched in South Korea, continues to grow, card spending has paradoxically decreased. This trend is attributed to the spread of Apple Pay predominantly among those aged 10 to 30 and the increasing availability of Apple Pay
The registration system for foreign investors, which was an essential procedure for investing in listed securities in Korea, will be abolished. The foreign investor registration system required personal registration with the Financial Supervisory Service and issuance of a foreigner ID before a secur
The author is an analyst for NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com -- Ed.Although NCSOFT’s recent CBT for TL resulted in some negative reviews, the firm is now making several improvements to the new title before the release of the official version. Once users play the
The author is an analyst for NH Investment & Securities. She can be reached at hzl.lee@nhqv.com -- Ed.In 1H23, the entertainment and casino industries are enjoying solid earnings, despite worries over economic slowdown. As these industries are backed by fans and personal preferences, they remain rel
Samsung Electronics is expected to hold its new smartphone model unpacking event in Korea. The company is speeding up the diversification of its Asian strategy amid a U.S.-China trade conflict and sluggish demand for information technology (IT) products in China, which has led to a companywide decli
As the global competition for semiconductor supremacy intensifies, Samsung Electronics has once again experienced an incident of core technology leakage.According to industry sources on May 17th, the Samsung Electronics' Device Solutions (DS) Division recently dismissed Engineer A on the grounds
Park Hyatt Busan, the epitome of a luxury hotel in Busan, has selected Roman Kardashov as its new general manager.A Russian, Mr. Roman Kardashov, spent his school days in Hong Kong and gained valuable front-line experience as an F&B intern at Lindner Golf & Ski Hotel Rhodania in Crans Montana, Switz
Individual investors poured tens of billions of won into exchange traded funds (ETFs) on Korean semiconductor companies that are expected to hit lows and rebound in the second quarter while selling off U.S. semiconductor ETFs to realize profits.According to fund evaluator FnGuide on May 7, individua
Samsung Electronics has decided to ban the use of generative artificial intelligence (AI) services such as ChatGPT within the company. Like SK hynix, POSCO, and others, the company believes that the process of entering data to get answers from ChatGPT is likely to leak sensitive company information.
The author is an analyst for Shinhan Securities. He can be reached at sokang@shinhan.com --- Ed.1Q23 review: Record-high platform service sales, recovery in costs AfreecaTV registered operating profit of KRW18.4bn (-20.5% YoY, +19% QoQ, operating margin of 25.3%) on sales of KRW72.7bn (-3.4% YoY, -9
The author is an analyst of NH Investment & Securities. She can be reached at jiyoony@nhqv.com -- Ed.China’s consumer discretionary retail sales growth rebounded in March. We draw investor attention to F&F, which is strengthening its brand power in China, noting that the intensity of apparel consump
Shinhan Bank announced on April 17 that its mobile app “SOL” took home a prize in the UX category and its corporate internet banking won a prize in the service design category at the iF Design Award 2023 (International Forum Design Award 2023).SOL was recognized for improving customer experience in
According to China’s state-run Xinhua News Agency on April 13, President Xi visited LG Display’s factory and the R&D center for electric vehicle Aion under China’s Guangzhou Automobile Group (GAC) as part of a tour of Guangzhou in Guangdong Province of China on April 12.The Chinese political leaders