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Showing research about South Korea

20200929-robots-macro

Kawasaki has heavy lifting to do, Yaskawa passes pandemic trough

The industrial robotics industry has seen a slowdown in growth in the past two years, with IFR figures showing new sales fell by 12% year over year in 2019. Disruptions to capital spending during the COVID-19 pandemic will weigh in 2020 while IFR has indicated it “may take until 2022 or 2023 t... Read more →

20200929-ships-macro

Shipbuilders adrift as exports fall, orders remain elusive

Imabari Shipbuilding and Japan Marine United have delayed the start of their joint venture due to antitrust scrutiny of the shipbuilding sector. While the profitability of the container-line sector is improving and new orders may be on the way, potentially including an order from Hapag-Lloyd, ... Read more →

20200821-hindalco-corp

Hindalco sees auto aluminum supplies near pre-COVID levels

Hindalco reported calendar Q2 revenues which dropped by 15.6% year over year due to reduced global demand for aluminum and copper resulting from the COVID-19 pandemic. Life may be getting back to normal for the firm though with MD, Satish Pai, noting “all plants are operational, and many are n... Read more →

20200812-autos-sales

BMW, Volvo imports improve as U.S. car shipments remain weak

The closure of U.S. car dealerships during COVID-19 is leading an increased proportion of customers to pursue online sales. That hasn’t prevented a drop in the number of vehicles being purchased though with total sales in July down by 12.1% year over year including a 12.8% slide in sales of fo... Read more →

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