The author is an analyst of KB Securities. He can be reached at joonsop.analyst@kbfg.com. -- Ed. 2Q22 review: OP growth of KRW459.6bn (+16.2% YoY)— SKT posted 2Q22 consolidated revenue of KRW4.29tn (+4.0% YoY) and OP of KRW459.6bn (+16.2% YoY), both meeting the market consensus (KRW4.31tn revenue; K
Chinese and U.S. NPEs are vying for LG Electronics’ 5G patents after the company announced its withdrawal from the global smartphone market. South Korean NPE Intellectual Discovery also jumped into the competition.At present, LG Electronics has approximately 24,000 standard essential patents with re
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. China’s smartphone shipments hit a post-2017 high in February. Despite shortages of general-purpose components and semiconductors, we predict that smartphone shipments will gradually rise going fo
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed. With 5G service effects to start in earnest, the telecom service industry should enter into a full-fledged OP growth cycle from 2H20. Anticipating strong share price rebounds for Korea’s three te
The author is an analyst of NH Investment & Securities. He can be reached at hwdoh@nhqv.com. -- Ed. Adhering to a Sell rating, we lower our TP on Koh Young from W85,000 to W61,000. Economic doldrums and falling oil prices are draining the firm’s sales of automotive electronics-related equipment (esp
With the 5G market starting to take off all over the world, a patent race for leadership in the 5G market is intensifying. South Korea, which launched commercial 5G services for the first time in the world last year, and other major developed nations including China, the United States and Japan, are
With the South Korean semiconductor industry facing a crisis due to Japan’s export curbs on core semiconductor materials, the Chinese government is encouraging foreign investment in 5G-related sectors and the manufacturing industry, including semiconductor equipment manufacturing, according to a stu
President Moon Jae-in proclaimed the Korean government’s vision to foster system semiconductors at Samsung Electronics’ Hwaseong Campus in Gyeonggi Province on April 30.Moon said the government will make Korea a semiconductor powerhouse by 2030 by maintaining the world's top position in memory s
The Korean government is planning to foster 15 5G-based “strategic industries” to create 600,000 jobs and export US$73 billion worth of goods and services by 2026.The 15 industries consist of five “core services” and 10 “core industries.” The five core services include immersive content, smart facto
Samsung Electronics announced on March 20 that it would push for mergers and acquisitions (M&As) this year to look further afield for growth. The electronics giant has a cash mountain of over 100 trillion won and faces a growing need to take over overseas high-tech companies for its future growth in
Korea’s three mobile carriers have called on the government to provide support, such as tax benefits and easing the network neutrality rules, for commercialization of 5G services that is expected to cost up to 20 trillion won (US$18 billion) of investment over the next five years.While promising to
SK Telecom announced that they signed an MOU for joint research on 5G-related technologies with Ericsson at the Ericsson headquarter in Stockholm, Sweden on July 6.The main content of the MOU signed by the two companies are to study and develop key standard technologies for the next generation 5G ne
There has been a bombardment of patent applications in regards to 5 Generation (5G) mobile communication candidate technology. 5G is 1000 times faster than 4 Generation (G4).According to the Korean Intellectual Property Office on March 30, 321 patent applications have been filed regarding 5G candida