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Search resuls for: "Yuanta"


11 mentions found


☆ K-pop agencies mostly struggled in third quarter — but 2025 may bring financial recovery
  + stars: | 2024-11-18 | by ( Lim Hui Jie | ) www.cnbc.com   time to read: +2 min
JYP Entertainment's boy group Stray Kids attends the 2024 SBS Music Awards Summer in Seoul. The K-pop industry has been seeing a slowdown due to declining album sales and the inactivity of record-breaking groups such as Blackpink and BTS. Members of BTS have been serving their mandatory military service, while Blackpink only announced to reunite as a group in 2025. Streaming revenue, at least during the first half of this year, has been unable to cover the loss from album sales. For the third quarter, just Babymonster — a rookie group — and solo artist Lee Seunghoon released material.
Persons: Blackpink, Hwan, wook Lee, Jang Jeong Min, Minha Choi, Yeonghoon Kang, —, Lee Seunghoon Organizations: JYP, Imazins, BTS, SM Entertainment, JYP Entertainment, YG Entertainment, Yuanta Securities, Samsung Securities, YG, NH Securities Locations: Seoul, U.S
☆ Samsung posts disappointing third quarter profit guidance as it grapples with AI chips
  + stars: | 2024-10-08 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com   time to read: +2 min
(Photo by Joan Cros/NurPhoto via Getty Images)South Korean tech giant Samsung Electronics said it expects worse-than-expected profit for the third quarter. Samsung is the leading manufacturer of memory chips, which are utilized in devices like laptops and servers. Analysts polled by LSEG expected an operating profit of 11.456 trillion Korean won ($7.7 billion) for the quarter ended Sept. 30. Samsung's revenue for the quarter was expected to hit 81.96 trillion won ($61 billion), according to LSEG estimates. DRAM refers to dynamic random access memory chips that are often used in laptops, workstations and PCs.
Persons: Joan Cros, Daniel Yoo, Yoo, LSEG Organizations: Samsung, Mobile, Getty Images, Samsung Electronics, Yuanta Securities, Macquarie Equity Research, Reuters Locations: Barcelona, Spain, Korean, Yuanta Securities Korea, South
☆ Yuanta Securities discusses what will be South Korea's leading stocks
  + stars: | 2024-01-23 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSouth Korea's 'leading stocks' will be related to semiconductors and EVs: Financial services firmDaniel Yoo, head of global asset allocation at Yuanta Securities, says "the [artificial intelligence] cycle is here to stay for at least … another two years."
Persons: Daniel Yoo Organizations: Yuanta Securities
☆ Yuanta Securities discusses South Korean firms and 'chaebol discount'
  + stars: | 2023-11-22 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHuge rerating for South Korean companies if 'chaebol discount' issue is resolved: Yuanta SecuritiesDaniel Yoo, head of global asset allocation at Yuanta Securities, says he doubts it will disappear in a "very short period of time."
Persons: Yuanta Securities Daniel Yoo Organizations: South, Yuanta Securities
☆ South Korean AI chip intellectual property startup valued at $81.4 million
  + stars: | 2023-09-14 | by ( Max A. Cherney | ) www.reuters.com   time to read: +1 min
REUTERS/Dado Ruvic/Illustration//File Photo Acquire Licensing RightsSept 14 (Reuters) - The South Korean chip startup Panmnesia has raised a seed round that values it at $81.4 million, the company has said. Chip design software makers Synopsys (SNPS.O) and Cadence Design Systems (CDNS.O) have expressed interest in the company's technology, Jung said. The company raised $12.5 million led by Daekyo Investment. Other investors included SL Investment, Smilegate Investment, GNTech Venture Capital, Time Works Investment, Yuanta Investment and Quantum Ventures Korea. The South Korean government aims to spur the domestic AI chip industry and plans to spend $800 million over the next five years in an attempt to increase the share of Korean AI chips in domestic data centers to 80% in 2030 from essentially zero.
Persons: Dado Ruvic, Myoungsoo Jung, Jung, Max A, Gerry Doyle Organizations: REUTERS, Reuters, Cadence Design Systems, Cadence, Daekyo Investment, SL Investment, Smilegate Investment, GNTech Venture, Time Works Investment, Yuanta, Quantum Ventures, South, Thomson Locations: Quantum Ventures Korea, Korean, San Francisco
☆ S.Korea market watchdog urges preemptive risk management by foreign firms
  + stars: | 2023-07-12 | by ( ) www.reuters.com   time to read: +1 min
SEOUL, July 12 (Reuters) - The head of South Korea's financial supervisory agency asked foreign financial firms on Wednesday for preemptive risk management in the face of various uncertainties. "Especially, I request that you do your best to maintain financial soundness and proactive risk management by pre-emptively responding to recent external and internal uncertainties," Lee Bok-hyun, governor of the Financial Supervisory Service (FSS), told firms. Representatives from 11 foreign institutions including JPMorgan Chase Bank, HSBC Bank, MUFG Bank, Yuanta Securities, Goldman Sachs Securities, insurers, and investment companies attended. Lee also told the meeting, which is held once or twice a year, about progress in regulatory changes and authorities' efforts to improve foreign access to financial markets, the FSS said in a statement. Reporting by Jihoon Lee; editing by Robert BirselOur Standards: The Thomson Reuters Trust Principles.
Persons: Lee Bok, hyun, Lee, Jihoon Lee, Robert Birsel Organizations: Financial Supervisory Service, JPMorgan Chase Bank, HSBC Bank, MUFG Bank, Yuanta Securities, Goldman, Goldman Sachs Securities, Thomson Locations: SEOUL, Goldman Sachs
☆ We expect chip market to recover in the second half of the year, financial services firm says
  + stars: | 2023-04-27 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe expect chip market to recover in the second half of the year, financial services firm saysDaniel Yoo of Yuanta Securities says stock prices are stabilizing despite poor profit numbers from chipmakers.
☆ Yuanta Securities Korea discusses outlook for Samsung
  + stars: | 2023-01-31 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSamsung's first-quarter numbers aren't looking good, but it's still competitive: StrategistDaniel Yoo of Yuanta Securities Korea says the company's overall numbers for the first quarter aren't "looking good," but expects "quite a bit of a turnaround."
☆ Financial services firm discusses Apple's plan to make in-house screens
  + stars: | 2023-01-12 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinancial services firm discusses Apple's plan to make in-house screensDaniel Yoo of Yuanta Securities says Apple's plan to make in-house screens will affect LG Display more than Samsung Electronics.
☆ BTS fandom tech firm Weverse reaches beyond K-Pop
  + stars: | 2022-12-22 | by ( Joyce Lee | ) www.reuters.com   time to read: +4 min
"We are a fandom business," Weverse President Joon Choi told Reuters. The app also currently has more than 80 teams of artists represented including BTS, and about 8-9 million monthly active users. However, Weverse users' 'superfan' qualities make engagement in those services turbo-charged, Choi said. Users are based in more than 200 countries and only about 10% of the app users speak Korean, Choi said. Top 5 countries Weverse users are from include Japan, Indonesia, Mexico, the United States and South Korea.
☆ Yuanta Securities discusses South Korea's interest rates and currency
  + stars: | 2022-10-25 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe should focus on South Korea's interest rates, not just its currency: Financial services firmDaniel Yoo of Yuanta Securities says "in terms of the overall market," the country's interest rates and currency need to be stabilized.
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