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▲ SK = [Exclusive] Investment in BYD semiconductor in China… Secured 1.47% stake

SK, China's Xiaomi and Lenovo are investing in semiconductor subsidiaries of BYD, the world's No. 1 electric car company. As the demand for power semiconductors (IGBT), which is a key element, increased due to the expansion of the electric vehicle market, it was determined that the growth of BYD semiconductors with manufacturing technology is high. As BYD Semiconductor successfully secured capital for the stock exchange, it was analyzed that the US anti-China front was not working. SK is also focusing on the US market, and is also interested in whether this investment will be a new variable.

▲ NEC = 'Future Industry' got out of ESS… Raise white flag to Korea and China

Japanese NEC withdraws its subsidiary 'NEC Energy solution' and abandons the energy storage device (ESS) business. It was lost in the price competition between Korean and Chinese companies and was not profitable.

▲ SK E&C = Failed to win an Indian high-speed rail project, lost to China

SK E&C failed to win an Indian high-speed rail project due to the low price of Chinese companies. The Delhi-Meerut metropolitan high-speed rail (RRTS) business went back to Shanghai Tunnel Engineering (STEC) in China, where the lowest price was paid.

▲ Hyundai Motors = Global auto industry raised to KRW 426 trillion through bonds and loans

Global automakers have secured at least $350 billion in funding through bond issuance and financial institution loans in the last three months. In order to overcome the shock of the Covid-19, it was proactively securing cash.

▲ Ssangyong Motors = Mahindra shares rose 9% in two days

Ssangyong Motor's largest shareholder, the Mahindra & Mahindra Group, has recently surged. The Covid-19 situation has lowered the stock price to a much higher value than the corporate value, and it seems to reflect the expectation of restructuring a poor overseas business.

 

▲ Hyundai Motors = First production of the new Sonata at the 2nd factory in Beijing

Beijing Hyundai Motors, a joint venture between Hyundai Motors and China, has begun mass production of the new Sonata at the 2nd factory in Beijing, China. It is seeking a rebound in the Chinese market. He also exhibited Sonata at the Hong Kong and Macau International Motor Show.

▲ Doosan Bobcat = 'Untact' Marketing in Europe Following China

Doosan Bobcat is 'Untact' marketing in Europe. When it became difficult to face to face in the aftermath of the Covid-19, a small track loader and a telescopic handler were introduced online. It is a product released in line with the latest European exhaust gas regulation'Stage-V'.

▲ AMOREPACIFIC = [Exclusive] Sulwhasoo advances to India… 'Seo Gyeongbae's India Strategy' is in full swing

AMOREPACIFIC's luxury beauty brand'Sulwhasoo' enters India. It is analyzed that President Suh Kyung-bae's strategy to target India is in full swing.

▲ Automotive steel industry = relieved to defer Saudi Arabia's tariff

Saudi Arabia deferred measures to raise tariffs on 2,290 items that were scheduled to be applied from the 10th. The automotive, steel, and electric power equipment industry is relieved. However, tensions continue because Saudi Arabia has not decided to withdraw tariffs.

▲ Lotte Duty Free = Pre-sale in liquor online due to delayed opening of Singapore Changi Airport

Lotte Duty Free pre-sells 450 types of alcohol at iShopChangi, an online mall at Changi Airport in Singapore, and continues to sell offline stores. As the opening was postponed in the aftermath of Covid-19, it is a strategy to go online to sell customers.

▲ LG Chem = Resilient to expansion work in Poland

Umicore in Belgium received 170 billion won from the European Investment Bank (EIB). To invest in a cathode material plant in Poland. LG Chem, which is supplied with cathode material, which is a core material for batteries from Umicore, is also expected to aggressively promote expansion of the plant in Poland.

▲ Hana Bank = 'KEB' also excluded from overseas corporate names

Hana Bank excludes'KEB (Foreign Exchange Bank)' from Indonesian corporation name. This is to increase the brand value and global competitiveness by unifying the headquarters and mission. In 2015, five years after being absorbed by Hana Bank, the traces of KEB disappeared.

▲ Shinhan Bank = Business partnership with Japanese bridge-c capital… ESG Real Estate Investment Activation

SBJ Bank, Shinhan Bank's Japanese subsidiary, is working with Japanese financial company bridge-c capital to promote investment in ESG (environmental, social and governance) real estate.