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Hanwha Ocean naval export growth opportunity featuring a naval vessel and shipyard Hanwha Ocean naval vessels with global defense export markets highlighted across the U.S., Europe, Middle East and Asia Hanwha Ocean naval vessel at a shipyard highlighting the potential earnings impact of expanding naval exports Hanwha Ocean naval export outlook highlighting contract wins, key markets, partnerships and execution milestones
Industrials

Hanwha Ocean’s Next Growth Engine May Be Naval Exports

Hanwha Ocean’s selection as preferred bidder for the Royal Thai Navy’s next-generation frigate gives investors a new way to think about the company’s growth beyond the commercial shipbuilding cycle. The project covers a 4,000-ton-class frigate, related equipment and integrated logistics support, with the Royal Thai Navy setting the procurement value at THB 16.73 billion, or roughly US$509 million. Final contract terms still require negotiation.
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September 9, 2026 · 8 min read

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Korea corporate sales rise 26.7% as operating margin reaches a record 16.9% in the second quarter of 2026 Samsung Electronics and SK hynix drive Korea manufacturing sales growth and record semiconductor profitability in 2Q26 Korea corporate sales growth spreads beyond semiconductors into transport, retail, construction and SMEs in 2Q26 Korea corporate earnings outlook depends on broader revenue growth translating into wider profit growth
Markets

Korea’s Earnings Boom Is Bigger Than Samsung and SK hynix

Korea’s corporate earnings cycle reached record levels in the second quarter of 2026, with sales at externally audited companies rising 26.7% year on year and the aggregate operating margin reaching 16.9%, both the strongest readings since the Bank of Korea began compiling the quarterly series in 2015. The surge was overwhelmingly led by the semiconductor cycle, but the underlying data also shows early signs that the recovery is spreading beyond Korea’s two largest memory companies.
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September 9, 2026 · 8 min read
Korea AI boom drives rising power demand from semiconductor expansion and AI data centers Korea semiconductor fabs and AI data centers increase electricity demand and power infrastructure requirements Korea AI-driven electricity demand creates new opportunities across power generation, grid infrastructure and electrical equipment Korea AI infrastructure expansion depends on securing power supply, grid capacity and project execution
Markets

AI Is Rewriting Korea’s Industrial Map

Korea’s AI investment cycle is beginning to move beyond memory semiconductors. Rapid expansion in semiconductor manufacturing and AI data centers is creating a second layer of demand for electricity generation, transmission networks, power equipment and other physical infrastructure that could reshape where AI-related earnings emerge across the Korean market.
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September 9, 2026 · 8 min read
Foreign buying returns to Korean equities while KOSPI market breadth remains concentrated Foreign investors return to Korean equities while buying remains concentrated in AI and semiconductor stocks Samsung Electronics and SK hynix together account for more than half of KOSPI market capitalization Korea equity market needs broader earnings growth beyond semiconductors for a more sustainable re-rating
Industrials

AI Needs Power. Does It Need Doosan Enerbility?

AI is becoming an electricity infrastructure story, and Doosan Enerbility sits at an increasingly important intersection of that transition. South Korea expects semiconductor expansion, AI data centers and broader electrification to create an additional 25–30GW of power requirements, while policymakers are considering how nuclear generation should fit into the country’s next long-term energy plan.
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September 8, 2026 · 8 min read