The author is an analyst for Shinhan Securities. He can be reached at heeyeon.lim@shinhan.com -- Ed.2Q operating loss of KRW12.6bn in line with expectationsKakaopay posted decent 2Q23 preliminary results with consolidated operating loss of KRW12.6bn (continued loss QoQ) on sales of KRW148.9bn (+5.2%
The demand for high-performance memory semiconductors essential for AI chips is experiencing explosive growth due to the escalating demand for AI chips among global tech companies involved in the cloud server business. Consequently, there are high expectations for the upcoming business prospects of
Samsung Electronics plans to supply essential components for graphics processing units (GPUs), the high-bandwidth memory (HBM), and advanced packaging services to U.S.-based semiconductor company Nvidia.According to semiconductor industry sources on Aug. 1, Samsung Electronics is currently working w
India, a formidable force in the Information Technology (IT) sector and the world’s most populous country, is making rapid strides to establish itself as a “Global Semiconductor Hub,” attracting the attention of both American and Taiwanese semiconductor companies. Similar to President Joe Biden’s pu
Since December last year, the global frenzy over the generative AI known as ChatGPT has rapidly increased the demand for high-performance DRAM, also called High Bandwidth Memory (HBM), capable of processing large-scale data.According to sources in the semiconductor industry on July 31, domestic memo
Samsung Electronics once again recorded a significant deficit of 4 trillion won (US$3.12 billion) in its semiconductor (DS) division for the second quarter of this year. Consequently, the company has decided to implement additional cutbacks in DRAM and NAND semiconductor production during the second
The author is an analyst for NH Investment & Securities. He can be reached at hwdoh@nhqv.com -- Ed.Demand is looking strong for high-performance memory such as DDR5 and HBM, products for which SK Hynix has ?secured a competitive edge. Industry conditions are anticipated to improve in earnest from 3Q
Continuing their struggle, both Samsung Electronics and SK hynix faced losses in the second quarter, following their challenging performance in the first quarter. The cumulative deficit for both companies in the first half of this year reached a substantial figure, nearly approaching 15 trillion won
Global brand Chevrolet starts full-fledged sales today with the official launch of ‘THE NEW TRAILBLAZER’ in Korea.Debuted in the global market in 2020, the Chevrolet Trailblazer is a model that sets the standard for a premium compact SUV with unique designs that can be selected according to consumer
SK hynix, the developer of the world’s first 12-layer HBM3 product, is targeting to double the sales of high bandwidth memory (HBM) and double data rate (DDR) 5, essential components for AI servers, next year.According to industry sources on July 20, at a recent private corporate briefing (IR) for m
At Nano Tech Day 2023 held on July 20 at Community House Masil in Seoul, a team from the Hyundai-Kia Basic Materials Research Center unwrapped a transparent solar cell that can lower reliance on electric vehicle batteries and eventually enable battery-free driving.The transparent solar cell was one
As the battery technology development cycle gets shorter and shorter, China heats up the race to secure patents, ratcheting up tension in the battery industry.China’s CATL, the world’s No. 1 battery maker by market share, recently registered a patent on a battery technology in just 39 days according
Between 2013 and 2015, during China’s economic boom, the business outlook in China was rosy for South Korean corporations. Exports to China increased, leading to an upsurge in investment. However, companies overly dependent on China have encountered significant difficulties barely a decade later.Ind
Samsung Electronics’ Device Solutions (DS) Division in charge of the semiconductor business is expected to post an annual loss of more than 10 trillion won this year due to a recession in the semiconductor industry.According to securities firms on July 16, current estimates of Samsung Electronics’ a
Industry attention is being drawn to the technological prowess of SK hynix, the global leader in the artificial intelligence chip market, which first developed High Bandwidth Memory (HBM) in 2013.According to industry sources on July 16, SK hynix held a corporate presentation (IR) for securities ana
The Korean ICT industry, which is the core of Korea’s export engine, seems to have rebounded from its decline after bottoming out in April. System semiconductor exports are also showing signs of recovery, mainly those to Europe and Japan.According to the Ministry of Trade, Industry and Energy on Jul
The author is an analyst for Shinhan Securities. He can be reached at ym.ko@shinhan.com -- Ed.Shares move sideways in July, but directionality remains intactThe faster-than-expected turnaround in semiconductor market conditions and share prices in 2Q23 was driven by a steep increase in demand for ne
SK hynix will sell its water treatment center, a water purification facility for semiconductor factories, to secure cash assets of around one trillion won. The company has announced that it will spare no expense in investing in the production of high-value-added products in preparation for an upcomi
According to industry sources on July 10, SK hynix will supply the special DRAM that goes into Apple’s Vision Pro AR device, which was ambitiously revealed last month.The DRAM will be linked with the R1 chip newly developed by Apple for the Vision Pro. The R1 is a processor that computes external in
The author is an analyst for NH Investment & Securities. He can be reached at hwdoh@nhqv.com -- Ed.We believe that SEC’s earnings are primed to improve from 3Q23 on both industry-wide production cuts and inventory restocking demand. The pace of technology catch-up for HBM and DDR5 technologies is to