Korea Eximbank Inks MOU with US-based NuScale Power
Yoon Hee-sung, CEO of Korea Eximbank (left) and John Hopkins, CEO of NuScale Power (right) pose with signed copies of an MOU between the two companies for financial cooperation at…
Samsung Biologics Aims to Create Super-wide Gap in CDMO Field
Samsung Biologics plans to build a fifth plant in Songdo, Incheon, Korea by investing more than 1 trillion won (US$768 million). Previously, the company laid out a plan to build…
Samsung, LG Compete to Take Leadership in Robot Industry
Robots are rapidly emerging as a hot next-generation item in technological competition between Samsung Electronics and LG Electronics, two powerhouses in the Korean electronics industry. “We will strengthen preemptive responses…
SK Inc. Reaps 2x Profits from US Car-sharing Company
SK Inc. announced on March 16 that it signed a contract to sell all of its stake in Turo, a peer-to-peer (P2P) vehicle-sharing platform, for US$67.5 million (approximately 88.1 billion…
Robot Team of Two Works Together to Pick, Transport Fruit
The robotic arm and hand of a harvester robot harvests crops that have been identified by artificial intelligence in a greenhouse at the AI Robot Research Division’s Department of Robotics…
KRW300tn investment in world’s largest foundry in Yongin, Korea
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. — Ed. SEC has announced plans to invest KRW300tn (until 2024) in the building of the world’s…
Wholesale price of natural gas stabilizing
The author is an analyst of NH Investment & Securities. He can be reached at minjae.lee@nhqv.com. — Ed. With natural gas prices stabilizing, the city gas price hike burden is…
Earnings to slump in 1H23, but improve in 2H23
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. — Ed. We maintain BUY and TP of KRW80,000 on SEC. We see an inevitable earnings…
Korean Battery Makers Expediting Development of Advanced Batteries from All-Solid-State Batteries to 4680 Cylindrical Batteries
As competition for global battery supremacy intensifies, all-solid-state batteries, called “dream batteries,” are attracting more attention from those in the world battery industry. This is because if this battery technology,…
Hankook Tire & Technology
The author is an analyst of KB Securities. He can be reached at seongjin.kang@kbfg.com. — Ed. In the early hours of Mar 13, a fire at Hankook T&T’s Daejeon plant…