Hana Financial Group announced that they held an event to distribute school supplies to local students in areas affected by the super cyclone Mocha at the head office of Hana Microfinance Ltd., their local subsidiary located in Yangon, Myanmar.Through this initiative, Hana Microfinance prepared 500
As forecasts strengthen that the memory semiconductor industry will rebound significantly in the second half of this year, SK hynix’s shares have surged by over 50% since the beginning of the year. The demand for High Bandwidth Memory (HBM) and Double Data Rate 5 (DDR5) is rapidly expanding in the w
The author is an analyst for Shinhan Securities. He can be reached at jaewonjeong@shinhan.com -- Ed.1Q23 operating loss decreases on cost control despite sales dropPsomagen continued in the red in 1Q23 with sales of USD6.52mn (-11.2% YoY) on standalone basis. Sales fell as orders were slashed by a m
Korea Investment Management (KIM) has decided to launch the Korean securities industry’s first Japan-themed exchange traded fund (ETF) as the Japanese stock market continues to renew its zenith.KIM will launch Korea’s first ETF that focuses on specific industries in Japan in the second half of this
The author is an analyst for Shinhan Securities. He can be reached at ym.ko@shinhan.com -- Ed.DDR5 effect: Early recovery with ASP hikes to precede spot price upturnWe now expect to see an earlier turnaround in market conditions and share prices than previously expected for the current industry cycl
Following East Asia and the United States, Europe is emerging as the new battleground for semiconductors. Since Europe unveiled its intention to exert influence in the global supply chain by leveraging its top-tier domestic semiconductor equipment and automobile semiconductor companies, leading glob
With U.S. Secretary of State Antony Blinken’s surprise visit to China, the Korean semiconductor industry, including Samsung Electronics and SK hynix, is paying a lot of attention to whether or not the visit will see a breakthrough in U.S.-China relations.According to the semiconductor industry and f
Micron has begun making significant investment in China even though its sales have been blocked in the Chinese market. Apple’s new Apple Vision Pro has a significant number of components made in China. Some analysts say this is a sign that the U.S.-China power struggle is shifting from decoupling, w
Hanwha announced on June 16 that it will participate in the Paris Airshow, which will be held at Le Bourget Airport near Paris, France, from the June 19 to 25.Hanwha Aerospace and Hanwha Systems will operate a unified exhibition hall and run the Space Zone, Air Mobility Zone, and Air Zone, gathering
The United States has decided to extend the grace period for Korean companies to export semiconductor equipment to China. This immediately alleviates the concerns for domestic companies such as Samsung Electronics and SK hynix, who can continue producing semiconductors in their Chinese factories for
Mr. A, a former Samsung employee who worked at Samsung Electronics’ semiconductor division for 18 years and even served as a vice president at SK hynix, stole design data on a semiconductor plant, a trade secret and Korea’s core national technology. He planned to build a replica plant 1.5 kilometers
The author is an analyst for Shinhan Securities. He can be reached at snowKH@shinhan.com -- Ed.The IT sector is expected to turn around at a faster pace than the manufacturing sector, driven by the accelerating shift to DDR5. Demand for server-use DDR5 chips is seen to have picked up in 2Q23, amid s
Apple’s next-generation extended reality (XR) device, the Vision Pro, is emerging as a new growth driver for the Korean display industry, but Sony landed the order for highly lucrative high-cost internal displays for the device.The production cost of the Vision Pro is about US$1,519 while its retail
A semiconductor conflict between the United States and China may hit Korean semiconductor companies Samsung Electronics and SK hynix. However, Fitch, an international credit rating agency, believes that the impact will be short-lived.Fitch said in a report on June 7 (local time) that the semiconduct
Apple’s unveiling of Vision Pro, a mixed reality (MR) device, has put microdisplays in the limelight. Microdisplays are a key component for headsets. Moreover, the luxury headset’s display accounts for about half of the total cost of US$3,499 (about 4.5 million won), so interest is growing in whethe
While Apple is set to release its Vision Pro mixed reality (MR) headset with virtual reality (VR) and augmented reality (AR) capabilities in 2024, Samsung Electronics, Google, and Qualcomm of the Android group are also working on the development of new MR devices. Industry insiders are expecting a c
The number of YouTube users is rapidly closing in on Kakao. If the current trend continues, it appears that YouTube will surpass Kakao in the second half of the year. Meanwhile, as Google expands its influence in search, local portal Naver is witnessing a reduction in its footprint.According to the
Semiconductor companies that have been using ARM’s services, such as Samsung Electronics, have begun to part ways with ARM. This is because they believe that ARM has been abusing its power by raising license fees and forcing the use of its designs. An alternative is RISC-V, an open-source semiconduc
LG Electronics will team up with legendary CPU developer Jim Keller to develop artificial intelligence (AI) semiconductors.Canadian AI chip developer Tenstorrent announced on May 31 that it will collaborate with LG Electronics to develop AI and video codec chiplets.LG Electronics will utilize the AI
Competition authorities in Korea and other major countries have approved the merger of Microsoft and game maker Activision Blizzard, accelerating the 90 trillion won (US$68 billion) merger of the gaming giant that has dragged on for one year and four months. If the merger is finalized, it is expecte