'Ally Airstrike' Coupang's Confidence 'Lock-in' [3-Minute Brief]

Published 22 Mar.2024 08:00(KST)

Updated 19 Jan.2025 10:52(KST)

[At a Glance]
① Jensen Huang who 'signed' Samsung's 12-layer HBM
② SK Hynix to build largest semiconductor fab
③ Fruit production stagnates, will prices stabilize?

MARKET INDEX
'Ally Airstrike' Coupang's Confidence 'Lock-in' [3-Minute Brief] 원본보기 아이콘

- US New York stock market's three major indices all closed higher
- Interest rate cut expectations and hopes for a soft landing of the US economy
- Strong earnings from Micron lead semiconductor stock rally



TOP 3 NEWS
'Ally Airstrike' Coupang's Confidence 'Lock-in' [3-Minute Brief] 원본보기 아이콘
■ The US plans to cut interest rates three times this year... When and how much for Korea?
- Fed's possibility of rate cut in June continues to rise
- "Labor market is strong but inflation will be controlled"
- Korea also expected to cut rates in the second half... 'How much' is the key
■ "No AI development without Samsung Electronics"… Nvidia CEO signs approval for 12-layer HBM
- Jensen Huang visits Samsung Electronics GTC booth
- Jensen personally signed approval on HBM
- Interpreted as "final testing completed"
■ SK Hynix to build the world's largest semiconductor factory in March next year
- Minister of Industry holds business meeting in Yongin
- Cluster site construction 35% completed
- Planned production of cutting-edge semiconductors including HBM


Graphic News: With citrus production unchanged, will fruit prices really stabilize?
'Ally Airstrike' Coupang's Confidence 'Lock-in' [3-Minute Brief] 원본보기 아이콘

- Government invested 150 billion KRW but apple and pear prices rose again
- Banana and orange imports planned within this month... Market says "insufficient"
- Price of citrus, a substitute for fruits, rose by half... Watch out for agflation



the Chart: Coupang stands firm against Ali and Temu offensives
'Ally Airstrike' Coupang's Confidence 'Lock-in' [3-Minute Brief] 원본보기 아이콘

- Coupang reached 14 million paid customers last year
- Three-pronged service: shopping discounts, delivery, and content
- Differentiated benefits with a 'lock-in' strategy for existing customers



Terms in the News: Attention on the success of the 'China Development Forum' inviting major global business figures
'Ally Airstrike' Coupang's Confidence 'Lock-in' [3-Minute Brief] 원본보기 아이콘

- The China Development Forum is a platform to discuss important issues related to China's economic development
- Held after the Two Sessions... aims for dialogue among Chinese government, businesses, academia, foreign governments, and companies
- Held amid frozen US-China relations including discussions on TikTok ban in the US... success is being watched



Today's Key Schedule

○ Domestic
- 06:00 February Producer Price Index

○ Overseas
- 01:00 Fed Balance Sheet
- 06:45 New Zealand February Trade Balance
- 08:30 Japan February Consumer Price Index
- 16:00 UK February Retail Sales
- 18:00 Germany March Expectations Index
- 22:00 Fed Chair Powell Speech

◇ Lunch & Commute Weather
○ Lowest temperature 4℃(▲3℃) ｜ Highest temperature: 17℃(▲7℃)
○ Precipitation probability 20% in the morning｜70% in the afternoon
○ Fine dust Moderate in the morning｜Good in the afternoon
'Ally Airstrike' Coupang's Confidence 'Lock-in' [3-Minute Brief] 원본보기 아이콘

3 minutes is OK, essential time-efficient economic news. Published daily at 8 AM.



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