The KOSPI plunged nearly 2% on Dec. 2, as top large-cap stocks, led by Samsung Electronics, which fell more than 3% in market capitalization, showed weakness one after another. The excitement over the possibility of the U.S. Federal Reserve's rate adjustment the previous day was short-lived, and
Samsung Electronics’ share of the premium TV market is on the wane amid a decline in global TV demand.Premium TVs sold worldwide in the third quarter of this year stood at 5.1 million units, up 8 percent from the same period of 2021, said Display Supply Chain Consultants (DSCC), a market researcher
The author is an analyst of NH Investment & Securities. He can be reached at jack.baek@nhqv.com. -- Ed. i3system is an infrared image sensor manufacturer that boasts special chemical compound semicon technology. While the firm has been undervalued due to sluggish earnings, its current share price is
The author is an analyst of NH Investment & Securities. He can be reached at midas.sohn@nhqv.com. -- Ed. Due to factors such as inflation, interest rates, liquidity crunches, and war, 2023 is to be a year of uncertainty. Given such external variables, earnings volatility at small/mid-cap companies i
Among 56 major items and services, including electronics, batteries, and shipbuilding, Korean companies ranked first in the world in five product categories, including semiconductors and smartphones, according to a survey. The No. 1 items were all produced by Samsung Electronics.The Nihon Keizai Shi
Multiple new-generation mixed reality (XR) devices are expected to debut next year. The examples include Apple’s headset, the mass production of which is expected to start in the first quarter. Those also include Sony’s PlayStation VR2, Meta launched the Meta Quest Pro last month, and Meta’s AR glas
Samsung Electronics, LG Electronics, SK Innovation, and Hyundai Heavy Industries Group have won many Innovation Awards at CES 2023, which will be held in Las Vegas in January next year.The Consumer Technology Association (CTA), which hosts CES, announced on Nov. 16 (local time) the winners of CES In
The South Korean government designated display technology as a national advanced strategic technology on Nov. 4, along with semiconductor, rechargeable battery, and 12 others. Various incentives are anticipated in these sectors with regard to investment, project approval, R&D, manpower training, etc
LG Display announced on Nov. 16 that it has won the Technology Award for its large-sized OLED TV panels based on EX Technology at HiVi Grand Prix 2022, hosted by leading Japanese sound-video media outlet HiVi.LG Display, the only South Korean company on this year’s award list, has received the award
If the technology war between the United States and China spills over to the display sector, the U.S. government may take regulatory measures to curb the sale of display materials and production equipment to Chinese companies, as in the semiconductor sector, Taiwan’s DigiTimes reported on Nov. 4.In
Boeing CEO Dave Calhoun and Samsung Electronics chairman Lee Jae-yong have recently met in Seoul. The content of the meeting is yet to be made public.The two companies have maintained their partnership since 2012. According to experts, the two CEOs are likely to have discussed cooperation in the fie
Premium TV prices are falling noticeably as domestic and foreign companies are in price competition in response to sluggish demand.UBI Research, a market research company, conducted a survey of retail prices of 65-inch premium TV models from Samsung Electronics, LG Electronics, and Sony at stores of
The market share gap between Korea and China in the global display market is expected to widen to more than 10 percentage points this year.China’s display market share is expected to rise to 43 percent this year from 41.5 percent in 2021. Korean companies logged a market share of 33.2 percent in 202
Major global companies such as Apple are increasing pressure on their parts and materials companies to reduce carbon emissions. Concerns that 'carbon neutrality' will become a new trade barrier are increasingly becoming a reality.Apple disclosed through its newsroom that it requested its maj
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed. Maintain BUY, target price of KRW75,000 We maintain BUY and 12m TP of KRW75,000 on SEC. Despite downward revisions to our earnings forecast, we maintain BUY given the following:(1) SEC is expected to demonstrat
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed. Maintain BUY but revise down TP to KRW110,000 We maintain BUY on LG Electronics (LGE), but revise down target price from KRW120,000 to KRW110,000. We have revised down 2023E earnings by 14.6% considering decrea
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed. Maintain HOLD but revise down TP to KRW16,000 We maintain HOLD but cut our 12m TP to KRW16,000 (0.5x 12m fwd P/B) for LG Display. We have made significant downward revisions to 2022E-2023E earnings to reflect s
Samsung Display is expected to ramp up its production of quantum dot (QD)-organic light emitting diode (OLED) display panels from 30,000 sheets per month now to 40,000 sheets next year."The company's production yield of QD-OLED display panels increased to 85% in the first half of this year, show
The Korean display industry drove Korea’s exports, making Korea a display powerhouse in the world one exporter just 10 years ago. But it has been put into a position to completely lose its power as Korea’s national strategic industry due to a price war initiated by Chinese display makers and a compl
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed. Maintain BUY, target price of KRW75,000 Despite SEC’s 3Q22P earnings shortcomings, we maintain BUY and 12m TP of KRW75,000. We expect standout profit margins on business diversification (i.e., DP, foundry) and