DOCSLIB.ORG

August 23, 2013

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
August 23, 2013 August 23, 2013 Korea Company News & Analysis Major Indices Close Chg Chg (%) Cheil Worldwide (Buy/TP: W34,000) KOSPI 1,870.16 21.04 1.14 Earnings stable; Positive momentum ahead KOSPI 200 243.37 3.00 1.25 KOSDAQ 529.19 11.55 2.23 Economy & Strategy Update Turnover ('000 shares, Wbn) Volume Value Quant Strategy KOSPI 368,614 3,805 Look for companies capable of expanding market share KOSPI 200 87,065 2,899 KOSDAQ 316,842 1,445 Market Cap (Wbn) Value KOSPI 1,091,377 KOSDAQ 122,906 KOSPI Turnover (Wbn) Buy Sell Net Foreign 1,066 961 104 Institutional 799 868 -68 Retail 1,922 1,952 -29 KOSDAQ Turnover (Wbn) Buy Sell Net Foreign 119 66 53 Institutional 65 88 -22 Retail 1,261 1,291 -31 Program Buy / Sell (Wbn) Buy Sell Net KOSPI 520 885 -366 KOSDAQ 25 13 12 Advances & Declines Advances Declines Unchanged KOSPI 611 190 72 KOSDAQ 818 128 36 KOSPI Top 5 Most Active Stocks by Value (Wbn) Price (W) Chg (W) Value Samsung Electronics 1,295,000 40,000 443 KODEX LEVERAGE 10,495 260 308 KODEX INVERSE 8,130 -100 254 Hyundai Motor 228,500 500 132 Hynix 28,500 450 118 KOSDAQ Top 5 Most Active Stocks by Value (Wbn) Price (W) Chg (W) Value Celltrion 61,900 1,900 57 INICIS 21,800 1,000 55 TPC 6,120 60 40 Soribada 3,475 450 25 Paradise 20,050 -50 23 Note: As of August 23, 2013 This document is a summary of a report prepared by Daewoo Securities Co., Ltd. (“Daewoo”) and published on our website. Please review the compliance notices contained in the original report. Information and opinions contained herein have been compiled in good faith from sources deemed to be reliable. However, the information has not been independently verified. Daewoo makes no guarantee, representation or warranty, express or implied, as to the fairness, accuracy or completeness of the information and opinions contained in this document. Daewoo accepts no responsibility or liability whatsoever for any loss arising from the use of this document or its contents or otherwise arising in connection therewith. Information and opinions contained herein are subject to change without notice. This document is for informational purposes only. It is not and should not be construed as an offer or solicitation of an offer to purchase or sell any securities or other financial instruments. This document may not be reproduced, further distributed or published in whole or in part for any purpose. Cheil Worldwide (030000 KS) Earnings stable; Positive momentum ahead Media What’s new: Company visit confirms 3Q earning resilience & major ad campaigns Yesterday, we visited Cheil Worldwide to gain insight on 3Q developments and key Company Visit Note earnings indicators. In 3Q, we expect operating profit to remain largely flat QoQ. We believe domestic ad operations are continuing to outpace the overall ad market. In July, August 23, 2013 the agency handled major ad campaigns for Samsung Electronics (SEC; Galaxy S4 LTE-A and UHD TV) and KT (the “Double Campaign”), as well as for Dongsuh Foods, Dong-A Pharmaceutical, Dongwon F&B, Orion, and Samsung Everland. On the overseas front, the agency has been seeing revenue from retail marketing activities. (Maintain) Buy Cheil Worldwide is set to oversee the Samsung Unpacked event in Berlin on September Target Price (12M, W) 34,000 4th, where the new Galaxy Note 3 and the Galaxy Gear smartwatch are expected to be unveiled. In November, SEC is anticipated to kick off promotional campaigns in relation Share Price (08/22/13, W) 22,700 to the Sochi Winter Olympics. Catalyst: Resilient earnings despite weak season; Look for tailwinds through 2014 Expected Return 50% Although 3Q is traditionally a weak quarter for the media industry, we believe Cheil Worldwide will remain largely unaffected. Because the firm’s client base is tilted towards large advertisers, earnings have remained resilient to economic fluctuations. In the OP (13F, Wbn) 168 domestic IT/telecom sector, the rollouts of LTE-A services and related handsets are Consensus OP (13F, Wbn) 151 leading to increasing marketing activities. In September, Cheil Worldwide should recognize earnings from the Samsung Unpacked event. Recently, China Mobile tapped EPS Growth (13F, %) 35.5 SEC to supply handsets for its TD-LTE network, suggesting SEC could bolster its Market EPS Growth (13F, %) 17.1 smartphone marketing in China, which has been the fastest growing market for Cheil P/E (13F, x) 20.6 Worldwide. Market P/E (13F, x) 9.3 KOSPI 1,849.12 In 4Q, SEC is likely to launch regional marketing campaigns for its Galaxy Note 3, which should contribute to Cheil Worldwide’s retail marketing revenue. It should also be noted Market Cap (Wbn) 2,611 that Russia, where the 2014 Winter Olympics will be held, has been stepping up LTE Shares Outstanding (mn) 115 deployment in 2H. In late 2012, SEC released the Galaxy S3 LTE through MegaFon, one Free Float (%) 68.8 of Russia’s top two mobile carriers. The country’s LTE deployment should add to the positive impact of SEC’s official sponsorship of the Olympics and its Galaxy Note 3 Foreign Ownership (%) 37.2 campaign. Beta (12M) 0.78 52-Week Low (W) 19,650 Major sporting events are lined up for 2014, including the World Cup in Brazil in the 52-Week High (W) 28,600 summer and the Asian Games (Incheon) in the fall. We note that South America has one of the world’s highest usage rates for over-the-top (OTT) services, and NHN’s mobile (%) 1M 6M 12M messaging service LINE recently became the continent’s most downloaded app. Absolute -7.5 -2.4 14.9 Upcoming global sporting events in emerging markets should boost smartphone Relative -5.9 6.0 19.4 marketing campaigns there. In Russia, Cheil Worldwide has steadily attracted local advertisers since 2010, including Baltika Breweries in 2013. We expect Cheil to make Share price major advances in the Russian market in 2014. 160 KOSPI 140 Valuation: Fundamentals intact; Current share price offers good entry point 120 Our recent company visit confirmed that the company’s operating and financial 100 fundamentals remain intact. Earnings should stay stable in the near term and the overseas operating environment and advertising conditions should see positive 80 8/12 12/12 4/13 8/13 momentum in 2H and 2014. We maintain Buy on Cheil Worldwide with a target price of W34,000. Daewoo Securities Co., Ltd. FY (Dec.) 12/10 12/11 12/12 12/13F 12/14F 12/15F Revenue (Wbn) 1,450 1,758 2,365 2,912 3,343 3,791 Media/Telecom Services OP (Wbn) 139 107 126 168 216 272 Jee-hyun Moon OP margin (%) 9.6 6.1 5.3 5.8 6.5 7.2 +822-768-3615 NP (Wbn) 108 93 94 127 167 207 [email protected] EPS (W) 935 811 814 1,103 1,449 1,796 ROE (%) 17.5 13.7 13.5 18.0 20.5 20.5 P/E (x) 14.8 23.4 26.5 20.6 15.7 12.6 P/B (x) 2.4 3.1 3.5 3.1 2.6 2.1 Notes: All figures are based on consolidated K-IFRS; NP refers to net profit attributable to controlling interests Source: Company data, KDB Daewoo Securities Research estimates Analysts who prepared this report are registered as research analysts in Korea but not in any other jurisdiction, including the U.S. PLEASE SEE ANALYST CERTIFICATIONS AND IMPORTANT DISCLOSURES & DISCLAIMERS IN APPENDIX 1 AT THE END OF REPORT. Quant Strategy Look for companies capable of expanding market share Expanding market share is hallmark of competitiveness Quant Report KOSPI returns (based on installment funding) have collapsed in recent years. While August 23, 2013 market participants who have invested since 2000 are enjoying an average return of +6.5%, the return for those who have invested for only the most recent one year stands at -3.5% (as of August 21st). When expectations of returns run low, buying sentiment Daewoo Securities Co., Ltd. usually dries up and gravitates towards names with stable earnings flows. In other words, even during a prolonged bear market, it is still possible for investors to identify Quantitative Analysis and pick companies capable of expanding market share via improved competitiveness. Sangho Kim +822-768-4122 Operating competitiveness is best measured by ROIC [email protected] When the economic outlook is murky, low-beta stocks with bright earnings prospects are usually favored. Here, return on invested capital (ROIC) can serve as an important yardstick by which to measure the worthiness of a stock. Generally speaking, a steadily rising ROIC signals superior competitiveness. And if a company keeps expanding its market share even during an economic slowdown, this indicates that it has dug a very deep and wide economic moat. Inventory turnover is a good proxy for competitiveness A company showing improving activity indicators, such as a rise in inventory turnover, on top of steadily growing ROIC, is likely to be a diamond in the rough. This is because high inventory turnover (or high receivables turnover) is a good proxy for competitiveness. Analysts who prepared this report are registered as research analysts in Korea but not in any other jurisdiction, including the U.S. PLEASE SEE ANALYST CERTIFICATIONS AND IMPORTANT DISCLOSURES & DISCLAIMERS IN APPENDIX 1 AT THE END OF REPORT. Key Universe Valuations August 23, 2013 ※All data as of close August 22, 2013, unless otherwise noted. 13F Earnings growth Mkt Cap Price P/E (x) P/B (x) ROE (%) Ticker Company Div Yield OP EPS (Wbn) (W) (%) 13F 14F 13F 14F 13F 14F 13F 14F 13F 14F 005930 Samsung Electronics 184,861 1,255,000 0.6 33.1 14.3 36.1 17.5 6.8 5.8 1.4 1.2 24.0 22.8 005380 Hyundai Motor 50,223 228,000 0.9 4.0 10.3 2.6 5.6 7.4 7.0 1.3 1.1 18.3 16.5 005490 POSCO 27,943 320,500 2.5 -10.5 39.5 -26.6 62.6 15.2 9.4 0.7 0.6 4.6 7.2 012330 Hyundai Mobis 25,650 263,500 0.8 -4.0
Load more

Recommended publications
  • FTSE Korea 30/18 Capped
    2 FTSE Russell Publications 19 August 2021 FTSE Korea 30/18 Capped Indicative Index Weight Data as at Closing on 30 June 2021 Index weight Index weight Index weight Constituent Country Constituent Country Constituent Country (%) (%) (%) Alteogen 0.19 KOREA Hyundai Engineering & Construction 0.35 KOREA NH Investment & Securities 0.14 KOREA AmoreG 0.15 KOREA Hyundai Glovis 0.32 KOREA NHN 0.07 KOREA Amorepacific Corp 0.65 KOREA Hyundai Heavy Industries 0.29 KOREA Nong Shim 0.08 KOREA Amorepacific Pfd. 0.08 KOREA Hyundai Marine & Fire Insurance 0.13 KOREA OCI 0.17 KOREA BGF Retail 0.09 KOREA Hyundai Merchant Marine 1.02 KOREA Orion 0.21 KOREA BNK Financial Group 0.18 KOREA Hyundai Mipo Dockyard 0.15 KOREA Ottogi 0.06 KOREA Celltrion Healthcare 0.68 KOREA Hyundai Mobis 1.53 KOREA Paradise 0.07 KOREA Celltrion Inc 2.29 KOREA Hyundai Motor 2.74 KOREA Posco 1.85 KOREA Celltrion Pharm 0.24 KOREA Hyundai Motor 2nd Pfd. 0.33 KOREA Posco Chemical 0.32 KOREA Cheil Worldwide 0.14 KOREA Hyundai Motor Pfd. 0.21 KOREA Posco International 0.09 KOREA CJ Cheiljedang 0.3 KOREA Hyundai Steel 0.33 KOREA S1 Corporation 0.13 KOREA CJ CheilJedang Pfd. 0.02 KOREA Hyundai Wia 0.13 KOREA Samsung Biologics 0.92 KOREA CJ Corp 0.11 KOREA Industrial Bank of Korea 0.22 KOREA Samsung C&T 0.94 KOREA CJ ENM 0.15 KOREA Kakao 3.65 KOREA Samsung Card 0.08 KOREA CJ Logistics 0.12 KOREA Kangwon Land 0.23 KOREA Samsung Electro-Mechanics 0.81 KOREA Coway 0.36 KOREA KB Financial Group 1.78 KOREA Samsung Electronics 25.36 KOREA Daewoo Engineering & Construction 0.12 KOREA KCC Corp 0.12 KOREA Samsung Electronics Pfd.
    [Show full text]
  • USETTS INSTITUTE of TECHNOLOLGY by JUN 2 4 2015 Hye Sung (Hazel) Yang LIBRARIES B.A
    The strategic transformation of advertising agencies in the digital era: ARCHIVES The case of Cheil Worldwide in Korea MASSACHUSETTS INSTITUTE OF TECHNOLOLGY By JUN 2 4 2015 Hye Sung (Hazel) Yang LIBRARIES B.A. French Language and Literature Ewha Womans University, 2005 SUBMITTED TO THE MIT SLOAN SCHOOL OF MANAGEMENT IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF MASTER OF SCIENCE IN MANAGEMENT STUDIES AT THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY JUNE 2015 2015 Hye Sung Yang. All rights reserved. The author hereby grants to MIT permission to reproduce and to distribute publicly paper and electronic copies of this thesis document in whole or in part in any medium now known or hereafter created. Signature of Author: Signature redacted MIT Sloan School of Management May 8, 20 15 Certified By: Signature redacted Juanjuan Zhang Epoch Foundation Professor of International Management 11 Thesis Supervisor Accepted By: _Signature redacted _ Michael A. Cusumano U SMR Distinguished Professor of Management Program Director, M.S. in Management Studies Program MIT Sloan School of Management 2 Page intentionally left blank 3 The strategic transformation of advertising agencies in the digital era: The case of Cheil Worldwide in Korea By Hye Sung (Hazel) Yang Submitted to the MIT Sloan School of Management on May 8, 2015 in partial fulfillment of the requirements for the degree of Master of Science in Management Studies 1. ABSTRACT Cheil Worldwide is the number one marketing and advertising agency in Korea. Throughout its history, it heavily relied on its parent company and major client, Samsung and on traditional media advertising for its revenue.
    [Show full text]
  • 1H13 Business Report
    1H13 Business Report I. Corporate Overview □ Affiliates As of end-1H 2013, Samsung Group had a total of 77 domestic affiliates. Compared to end-2012, two new affiliates (Jung-ahm Wind Power, and Sungkyunkwan University Dormitory) were added and six (SECRON, SEHF Korea, SB LiMotive, GES, Idea Company Prog, Top Cloud Corporation) were excluded. Among Samsung Group’s 77 affiliates, 17 including Samsung Electronics are listed, and 60 are unlisted. (As of June 30, 2013) No. of affiliates Name of affiliates Samsung C&T, Cheil Industries, Samsung Electronics, Samsung SDI, Samsung Techwin, Samsung Life Insurance, SEMCO, Samsung Heavy Industries, Listed 17 Samsung Card, Hotel Shilla, Samsung Fire & Marine Insurance, Samsung Securities, S1, Samsung Fine Chemicals, Samsung Engineering, Cheil Worldwide, Credu, Samsung Everland, Samsung Petrochemical, Samsung SDS, Samsung General Chemicals, Samsung Total Petrochemicals, Samsung Lions, SERI, STECO, Samsung Thales, SEMES, Living Plaza, Samsung Corning Precision Materials, Samsung SNS, Samsung Electronics Service, Samsung Electronics Logitech, Hantok Chemicals, Global Tech, CVnet Corporation, Care Camp, Allat Corp., SECUI.com, Wealthia.com, Open Tide Korea, Samsung Futures, 365Homecare, Samsung Venture Investment Corporation, Samsung Asset Management, Saengbo, Samsung Claim Unlisted 60 Adjustment Service, Anycar Service, World Cyber Games, SD Flex, Gemi Plus Distribution, Samsung Bluewings, HTSS, RAY, Songdo Land Mark City, S- Core, S1 CRM, Open Hands, S-EnPol, Samsung Medison, Samsung Biologics, Miracom Inc., Samsung Life Service, SMP, STM, SSLM, SU Materials, Colombo Korea, Samsung Display, Samsung Bioepis, Nuri Solution, Samsung Corning Advanced Glass , Natural 9, Daejung Offshore Wind Power, SERICEO, Samsung Real Estate, Jung-ahm Wind Power, Sungkyunkwan University Dormitory Total 77 ☞ Refer to 『□ Affiliates』 in 『III.
    [Show full text]
  • Samsung Electronics Co., Ltd. and Its Subsidiaries NOTES
    Samsung Electronics Co., Ltd. and its Subsidiaries NOTES TO THE INTERIM CONSOLIDATED FINANCIAL STATEMENTS 1. General Information 1.1 Company Overview Samsung Electronics Co., Ltd. (“SEC”) was incorporated under the laws of the Republic of Korea in 1969 and listed its shares on the Korea Stock Exchange in 1975. SEC and its subsidiaries (collectively referred to as the “Company”) operate four business divisions: Consumer Electronics (“CE”), Information technology & Mobile communications (“IM”), Device Solutions (“DS”) and Harman. The CE division includes digital TVs, monitors, air conditioners and refrigerators and the IM division includes mobile phones, communication systems, and computers. The DS division includes products such as Memory, Foundry and System LSI in the semiconductor business (“Semiconductor”), and LCD and OLED panels in the display business (“DP”). The Harman division includes connected car systems, audio and visual products, enterprise automation solutions and connected services. The Company is domiciled in the Republic of Korea and the address of its registered office is Suwon, the Republic of Korea. These interim consolidated financial statements have been prepared in accordance with Korean International Financial Reporting Standards (“Korean IFRS”) 1110, Consolidated Financial Statements. SEC, as the controlling company, consolidates its 252 subsidiaries including Samsung Display and Samsung Electronics America. The Company also applies the equity method of accounting for its 46 associates and joint ventures, including
    [Show full text]
  • SAMSUNG ELECTRONICS Co., Ltd. 2017 Business Report for the Year Ended December 31, 2017
    SAMSUNG ELECTRONICS Co., Ltd. 2017 Business Report For the year ended December 31, 2017 Certain statements in the document, other than purely historical information, including estimates, projections, statements relating to our business plans, objectives and expected operating results, and the assumptions upon which those statements are based, are “forward-looking statements.” Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties which may cause actual results to differ materially from the forward-looking statements. A detailed discussion of risks and uncertainties that could cause actual results and events to differ materially from such forward-looking statements is included in our financial reports available on our website. See, also, 『Note on Forward-Looking Statements』 in preamble of 『II. Business Overview』. Samsung Electronics 2017 Business Report 1 / 271 Table of Contents Certification ................................................................................................................................................................................ 3 I. Corporate Overview ............................................................................................................................................................... 4 II. Businesses Overview ......................................................................................................................................................... 29 III. Financial Affairs ................................................................................................................................................................
    [Show full text]
  • INNOCEAN Worldwide
    INNOCEAN Worldwide (214320 KS ) Buying David & Goliath in first -ever acquisition Advertising INNOCEAN to acquire D&G, US creative agency for Kia, for W78.3bn th Company Report On December 14 , INNOCEAN Worldwide disclosed that it has agreed to acquire David & Goliath LLC (D&G), the LA-based US ad agency that has handled creative marketing December 15, 2017 in North America for Kia Motors (Kia; 000270 KS, Trading Buy, TP: W38,000, CP: W32,500). We believe that INNOCEAN Worldwide, which had been seeking an M&A deal to internalize Kia’s North America creative duties from 2018, chose to acquire the automaker’s current agency. (Maintain) Buy Deal structure: 1) INNOCEAN Worldwide will increase capital of W32.8bn in wholly- owned subsidiary INNOCEAN Worldwide Holdings (IWH). 2) IWH will acquire a 100% Target Price (12M, W) ▲ 96,000 stake in D&G, paying 50% in January 2018 and the remaining 50% over the next four years, based on the agreed percentages (tied to annual earnings; see Figure 1). Share Price (12/14/17, W) 75,100 D&G earnings: In 2016, the US ad agency recorded revenue of W52.1bn, gross profit of W49bn, and net profit of W4.2bn. Revenue and net profit for 1H17 are estimated at Expected Return 28% W24.7bn and W2.3bn, respectively. Given that business tends to be seasonally concentrated in the latter half of the year, 2017 full-year earnings look likely to grow YoY. OP (17F, Wbn) 114 Key variables for 2018: M&A effects, new car models, and events Consensus OP (17F, Wbn) 111 M&A effects: In addition to Kia, the D&G acquisition should also increase INNOCEAN’s EPS Growth (17F, %) 8.5 exposure to foreign non-affiliates.
    [Show full text]
  • Campaign Title Award Level Award Category Brand
    Campaign Title Award Level Award Category Brand Name Client Primary Agency 1 KOREAN AIR EUROPE DESTINATION CAMPAIGN - What’s to love about Europe? Grand/Platinum Digital Platform Europe Campaign KOREAN AIR HS Ad To catch a pirate Gold Media Innovation MBC MBC HS Ad insight2.0 - the journey never seen before Gold GoodWorks – Non-Profit Samsung GALAXY S4 Zoom Samsung Electronics HAKUHODO CHEIL TN Beauty Club Gold Digitally Led Ideas TN Yuhan-Kimberly POSTVISUAL Samsung UHD ZOO Gold Brand Experience Samsung UHD TV Samsung Electronics Cheil Worldwide The brilliant sound project Silver Automotive Sonata Hyundai Motor Company Innocean Worldwide Effective JOBKOREA Campaign Silver Media Innovation JOBKOREA JOBKOREA DAEHONG Communications Effective JOBKOREA Campaign Silver Service JOBKOREA JOBKOREA DAEHONG Communications Central inland tourist train (O-train, V-train) Silver New Product or Service KORAIL KORAIL make break make Bronze Financial services Hyundai Card Hyundai Card TBWA KOREA The brilliant sound project Bronze Brand Experience Sonata Hyundai Motor Company Innocean Worldwide Double Heart Baby Food Special Force Bronze Brand Experience Double Heart Yuhan-Kimberly POSTVISUAL Samsung Zipel Food Showcase Campaign Bronze Home appliance Samsung Zipel Food Showcase Samsung Electronics Cheil Worldwide Let's get the kids to drink pure water Bronze GoodWorks - Brand Coway Water Purifier Coway Cheil Worldwide The World's Smallest & Lightest DSLR EOS 100D Bronze New Product or Service Canon EOS 100D Canon Korea Consumer Imaging INC Dentsu Korea
    [Show full text]
  • June 2016 | Investor Relations Company Mission & Business Area
    Kakao June 2016 | Investor Relations Company Mission & Business Area Contents •Kakao Page •Kakao Music •Kakao TV A Mobile Lifestyle Pla0orm •Daum Webtoon •Loen /MelOn Commerce Kakao provides mobile lifestyle services •Kakao Talk Gift Shop that make everyday connec6ons •Kakao Friends boundless and be8er O2O •Kakao Taxi/Black Our mission is to “Connect Everything” •Kakao Driver Connec6ng users, businesses, and •Kakao Hairshop Communication more together on our plaorm • Kakao Talk (#, Channel) in a way that touches every aspect of •Kakao Story Game • Brunch •Kakao Game our lives •Kakao Game Shop •Daum Game Fintech •Kakao Pay •Kakao Bank •Bank Wallet Kakao Investment •K Ventures Group •K Cube Ventures Global •Path 2 Milestone Feb 1995 2000 Established Daum Daum- Search Communications Mobile Lifestyle Platform Merger on Oct. 1, 2014 Mar 2015 Jun 2015 Mar 2016 2Q 2016 Kakao Taxi Kakao #Search Acquired Kakao Driver Kakao Channel Loen- Kakao Hairshop Entertainment Kakao TV Dec 2006 Mar 2010 Jul 2012 Established Kakao Talk Kakao Game IWILAB Sep 2010 Changed name to Kakao 3 Communications Kakao Talk Kakao Story n Over 97% of smartphone users in Korea are active users n Mobile based SNS built on Kakao Talk’s social graph which allows sharing of photos, videos, music and thoughts n Serve as the spine and central platform for many of Kakao’s mobile services n Recently introduced new features like hashtags, content recommendation, messages and more to widen usage spectrum n Features including Sharp(#) in-app Kakao Search, Channel tab in-app content
    [Show full text]
  • UX &Product Designer
    [email protected] Anna Oh www.annaohgood.com UX &Product Designer / EDUCATION /EXPERIENCE SEP 2018 to NEW YORK UNIVERSITY | MA APR 2019 to NYU IT MAY 2020 ITP at Tisch school of Art Present Product Designer (Interactive Telecommunication Program) Spearheaded a sustainable design system and all UI designs to maintain consistency of visual assets for digital products at NYU IT. Contributed to re- MAR 2007 to KOOKMIN UNIVERSITY | BA designing a web/mobile app that helps NYU FEB 2012 Visual Communication Design students print more efficiently across the campus. JAN 2016 to SAMSUNG (CHEIL WORLDWIDE) / HONORS & AWARDS MAR 2018 Senior Art Director & Experience Designer Led a Corporate Social Responsible Campaign with Burger King as the youngest creative director at 2019 CA INTERACTIVE AWARDS (Shortlist) Cheil worldwide. Collaborated with conglomerates Project title :“Recipe Controller” such as Samsung affiliates, KT, GM Chevrolet to combine creative concept development with 2019 NYC MEDIA LAB (2nd - Future Interface cartegory) emerging technology to create a unique experience for clients. Project title :“Recipe Controller” 2017 SPIKES ASIA (Silver - Film cartegory) JAN 2012 to SAMSUNG (CHEIL WORLDWIDE) Project title :“The meticulous grandpa” JAN 2016 Art Director / Global Creative Group Client : GM Korea Chevrolet Experienced in global branding and advertising production for Samsung Galaxy series, Samsung Galaxy Tab, and Samsung Smart wearable products 2016 SAMSUNG ELECTRONICS HACKATHON for the American, European, Indian, and Chinese Project title : ‘Talking Pole’ markets. Additional clients included various Korean Awarded as the best project to receive funding for a year conglomerates. These included CJ, Orion, and Amore Pacific which expanded to the Vietnamese and Chinese markets.
    [Show full text]
  • Fidelity ZEROSM International Index Fund
    Quarterly Holdings Report for Fidelity ZERO℠ International Index Fund July 31, 2021 IID-NPRT3-0921 1.9891457.102 Schedule of Investments July 31, 2021 (Unaudited) Showing Percentage of Net Assets Common Stocks ± 94.9% Common Stocks ± continued Shares Value ($) Shares Value ($) Australia ± 4.4% Australia ± continued Afterpay Ltd. (a) 22,894 1,623,962 Mineral Resources Ltd. 16,203 749,225 AGL Energy Ltd. 60,306 319,968 Mirvac Group unit 390,767 820,146 ALS Ltd. 46,060 430,626 National Australia Bank Ltd. 321,999 6,127,232 Altium Ltd. 12,261 305,023 Newcrest Mining Ltd. 80,716 1,569,094 Alumina Ltd. 227,547 278,866 NEXTDC Ltd. (a) 47,767 446,936 AMP Ltd. 338,142 258,071 Nine Entertainment Co. Holdings Ltd. 140,465 284,501 Ampol Ltd. 22,892 474,580 Northern Star Resources Ltd. 112,165 841,232 Ansell Ltd. 12,312 354,630 Orica Ltd. 39,099 355,504 APA Group unit 117,800 823,845 Origin Energy Ltd. 172,715 520,930 ARB Corp. Ltd. 7,663 262,617 OZ Minerals Ltd. 32,271 548,950 Aristocrat Leisure Ltd. 62,693 1,915,742 Qantas Airways Ltd. 191,439 644,838 ASX Ltd. 19,106 1,078,070 QBE Insurance Group Ltd. 145,409 1,162,054 Atlas Arteria Ltd. unit 91,490 420,967 Qube Holdings Ltd. 176,280 377,740 Aurizon Holdings Ltd. 185,010 524,071 Ramsay Health Care Ltd. 18,062 850,163 AusNet Services 178,343 238,851 REA Group Ltd. 4,891 580,240 Australia & New Zealand Banking Group Ltd.
    [Show full text]
  • Kakao T Taxi in March 2015, Kakao Mobility Corp
    Report 20 18 CEO’s Message After the first publication last year, Kakao Mobility Corp. issued the second kakaomobility Report. Since its launch of Kakao T Taxi in March 2015, Kakao Mobility Corp. established its independent entity in August 2017, and introduced Kakao T by consolidating Kakao Taxi, Kakao Driver, Kakao Navi, and Kakao Parking. A large amount of travel data has been collected while Kakao Mobility Corp. has been committed to pursuing innovation. This Report shows our society’s dynamic aspects based on our collected mobility data. Many people have contributed to the publication of this Report. First of all, I would like to express my sincere appreciation to Kakao T users who have provided real time travel data. I also would like to thank taxi drivers and designated drivers for responding to surveys and interviews for this Report. Such valuable information will become a meaningful foundation for Kakao Mobility Corp. to improve customer services and constantly pursue innovation. With the age of digital transformation, the mobility industry worldwide has been experiencing a big change. In particular, travel innovation is considered as a meaningful innovation that can make many people’s life safer and more convenient and create more chances for a happier life by broadening the sphere of living. This mobility business is rapidly growing in a world of borderless competition. However, I am very worried that Korea may fall behind global competition and lose a chance to take the lead in innovation due to several regulations and conflicts. It’s time to make a bold leap forward to innovative growth at the national level.
    [Show full text]
  • SAMSUNG ELECTRONICS Co., Ltd. Interim Business Report for the Quarter Ended September 30, 2016
    SAMSUNG ELECTRONICS Co., Ltd. Interim Business Report For the quarter ended September 30, 2016 Certain statements in the document, other than purely historical information, including estimates, projections, statements relating to our business plans, objectives and expected operating results, and the assumptions upon which those statements are based, are “forward-looking statements.” Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties which may cause actual results to differ materially from the forward-looking statements. A detailed discussion of risks and uncertainties that could cause actual results and events to differ materially from such forward-looking statements is included in our financial reports available on our website. See, also, 『Note on Forward-Looking Statements』 in preamble of 『II. Business Overview』. Samsung Electronics Interim Business Report 1 / 180 Table of Contents Certification ..................................................................................................................................................................... 3 I. Corporate Overview ..................................................................................................................................................... 4 II. Businesses Overview ............................................................................................................................................... 22 III. Financial Affairs .......................................................................................................................................................
    [Show full text]