Samsung Electronics is expanding its investment in the United States, responding actively to "friendshoring" pursued by U.S. President Biden. Friendshoring is an attempt to reorganize the global supply chains disrupted by Russia's invasion of Ukraine in cooperation with allies and partners.Samsu
At the Green Development Solution Launch held on the second day of Win-Win·Huawei Innovation Week, Ryan Ding, president of Huawei's Carrier Business Group, stressed the need for operators to prioritize energy efficiency and called for the establishment of a standard, industry-wide indicator syst
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed. Although we look at our cell phones several times a day, most of us are unaware that earnings at Korean telecom service companies are on the upswing. Amid mounting market uncertainties, KT offers
At the Win-Win·Huawei Innovation Week, David Wang, executive director of the board and chairman of the ICT Infrastructure Managing Board of Huawei, delivered a keynote speech titled "Innovation, Lighting up the 5.5G Era". In his speech, Wang spoke about the next evolution of 5G technology, which the
Samsung Electronics has decided to close down its feature phone business in India in December this year and shift the focus to smartphones, Indian media outlets reported on July 18.Samsung produces feature phones in India through Dixon Technology, a local mobile phone manufacturer. It logged a 12 pe
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed. The business environment remains favorable for telcos including LG U+. We forecast 2022 DPS of W700 (including interim dividends) and DY of 5.7%.Wireless business healthy; corporate infrastructur
LG Electronics' automotive electronics business is growing fast. It posted eight trillion won in order intake in the first half of this year.LG Electronics announced on July 5 that its VS Business Division has recently won orders for in-vehicle infotainment systems from a global automaker that o
The author is an analyst of NH Investment & Securities. He can be reached at minwoo.ju@nhqv.com. -- Ed. We expect Samsung SDI to log solid 2Q22 earnings thanks to price hikes and increased production at customers. We raise our TP to reflect European plant expansion plans and productivity growth. Val
The authors are analysts of Shinhan Investment Corp. They can be reached at hyungwou@shinhan.com and michlshim94@shinhan.com, respectively. -- Ed. AMO Group's think tankAmosense, a subsidiary of electronics parts maker Amotech, was listed on the KOSDAQ market in 2021. The company develops and ma
The author is an analyst of KB Securities. He can be reached at yc.baek@kbfg.com. -- Ed. Maintain BUY, raise target price 10% to KRW165,000 We maintain BUY on OCI and raise our TP by 10% to KRW165,000 on OCI. We revise up 2022E-23E NP (attributable to controlling interests) by 18.7%/8.0% to reflect
The author is an analyst of NH Securities and Investment. He can be reached at yk.choi@nhqv.com. -- Ed. Solar energy market growth should continue to accelerate on both a rise in conventional energy prices and the emergence of policies to support solar energy. An uptick in demand in downstream indus
The author is an analyst of NH Investment & Securities. He can be reached at minjae.lee@nhqv.com. -- Ed. This year, KEPCO and KHNP (a 100% subsidiary of KEPCO), are highly likely to win export deals. Also boding well for KEPCO is the Korean government’s nuclear power-friendly policies. We present KE
The author is an analyst of KB Securities. He can be reached at joonsop.analyst@kbfg.com. -- Ed. Maintain BUY, target price of KRW75,000 We maintain BUY and TP of KRW75,000 for SKT. Our investment points include (1) a strengthened dividend policy, (2) profitability improvement on moderating marketin
Nokia announced on June 16 that Nokia and LS ELECTRIC, one of South Korea’s biggest providers of electric power equipment and automation solutions, have signed a memorandum of understanding (MoU) to develop ICT-based solutions for new service models.The two companies will collaborate to develop a mo
An American wireless communication solution company has sued Samsung Electronics Co. and Samsung Electronics America, alleging that the defendants infringed on its patents in producing wireless devices, including the Galaxy S21 series.MIMO Research filed a complaint with the Eastern District Court i
Mando’s self-driving patrol robot Goalie Ⅱ has passed an ISO 13482 safety test conducted by the Korea Institute for Robot Industry Advancement (KIRIA). It was put into service in a neighborhood of Gwanak-gu, Seoul, beginning in June.Goalie Ⅱ is the first urban autonomous patrol robot in Korea and is
SK hynix Inc. announced on June 8 that it has begun mass production of HBM3, the world’s best-performing DRAM.A high bandwidth memory (HBM) is a high-value, high-performance memory that vertically interconnects multiple DRAM chips and dramatically increases data processing speed in comparison to tra
Huawei announced a batch of key inventions as part of its biennial "Top Ten Inventions" Awards at the "Broadening the Innovation Landscape 2022" forum held at its Shenzhen headquarters in China on June 8.The award is designed to recognize inventions that could create new series of products, become i
The author is an analyst of KB Securities. He can be reached at joonsop.analyst@kbfg.com. -- Ed. Maintain BUY, target price of KRW75,000 We maintain BUY and TP of KRW75,000 for SK telecom. Investment points are as follows:(1) All of the company’s five businesses are seeing high growth.(2) Mobile pro
LG Energy Solution announced on June 2 that the electric vehicle battery joint venture between LG Energy Solution and Stellantis has been named "NextStar Energy."The name is a combination of "NextStar," which means a company that leads the future, and "Energy" from LG Energy Solution. The joint vent