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  • Kia Motors-US sales to pick up with PS Soul amid improving SSI

    *Source: Korea Investment & Securities Co.

    2013-11-18 12:38
  • NCsoft 3Q13 review: Growth momentum from China

    *Source: Korea Investment & Securities Co.

    2013-11-18 12:36
  • Lotte Himart3Q13 review: Robust growth from 4Q13

    ▶ 3Q13 earnings were slightly below our KIS estimates and the consensus. Gross sales grew only 1.7% YoY to W944bn, and OP dropped 9.7% YoY to W60bn. Sales growth was sluggish due to a high base of...

    2013-11-12 07:58
  • Daum Communication 3Q13 review: Increasing investments to secure new growth engine

    ▶ At the 3Q13 earnings release, Daum CEO Se-hun Choi disclosed the company’s mobile business strategy. 1) Daum plans to invest and reinforce marketing on business areas that can be monetized quickl...

    2013-11-12 07:55
  • Hanwha Life 2QFY13 review: Focus on positives

    ▶ Hanwha Life posted 2QFY13 (end September) NP of W151bn, 10% above our preview, and 25% above our outlook after 1QFY13 results. Reverse interest margin did not worsen, and risk loss ratio fell bel...

    2013-11-12 07:53
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    [Special-Global HR Forum 2013]-e-mail Interview with Gen. Timothy Trainor

    Timothy Trainor Brigadier General & Dean of the Academic Board, United States Military Academy, West Point. US Army What goals has the West Point set for itself in terms of its education curric...

    2013-11-05 16:59
  • KB Financial Group-3Q13 review: Signaling earnings normalization in 2014

    KB Financial Group (KBFG) announced 3Q13 NP of W460bn, beating both the consensus and our estimate. Stripping out W61bn in one-offs from equity stake sale, NP was in line with our outlook. ▶ We be...

    2013-10-28 18:39
  • Samsung Heavy Ind. 3Q13 review: More than meets the eye

    ▶ Samsung Heavy Industries (SHI) announced 3Q13 results below both our estimates and the consensus. Specifically, SHI posted sales of W3,576bn (-11.9% YoY), OP of W206bn (-36.7% YoY) and NP of W169...

    2013-10-28 18:35
  • Samsung Electronics 3Q13 review: Undisputed leader in memory and handsets

    ▶ Samsung Electronics announced record 3Q13 earnings, with sales of W59.1tn, OP of W10.16tn and NP of W8.05tn. IM OP rebounded to W6.7tn (OPM 18.3%, up 7% QoQ) on strong smartphone sales, after fal...

    2013-10-28 18:33
  • The Growth in Smartphone Subscriber Numbers Slows

    Korea's major telecom companies saw the growth in the number of smartphone subscribers slow to a half of last year's pace, raising concerns about the limit of growth resulting from market saturatio...

    2013-10-22 11:48
  • Will Hyundai Steel and Hyundai Hysco merger proceed smoothly?

    Hyundai Steel to merge Hyundai Hysco’s CR operation Hyundai Steel will buy Hyundai Hysco (Hysco)’s cold-rolled steel (CR) operation after the affiliate separates its operations into two divisions...

    2013-10-22 11:31
  • SM Entertainment-SM Town China concert: China proves to be land of opportunity

    ▶ Growth at entertainment companies, such as SM, are derived via: 1) improved artist lineups, 2) increased overseas activity, and 3) other businesses utilizing the artist or company’s brand power t...

    2013-10-22 11:22
  • LG Electronics 3Q13 preview: Lower TP, use long-term approach

    ▶ We lower our TP on LG Electronics by 11% to W85,000, but we maintain BUY. We revised our TP, as: 1) MC earnings should miss our previous forecast, as competition in the smartphone market has been...

    2013-10-22 11:21
  • LG Chem-3Q13 review: Chemical and battery division continue to grow

    ▶ 3Q13 results were in line with our estimates, as LG Chem posted sales of W5.8tn (-0.9% YoY, +0.5% YoY) and OP of W516.3bn (+2.9% QoQ, -14.0% YoY). Positives include: 1) robust NCC/PO products spr...

    2013-10-22 11:13