Samsung Electronics ranked second in YouGov’s Best Brand Rankings 2021, which was based on consumer perceptions in 54 markets around the world. The Korean tech giant rose by two notches from fourth place in 2020, beating Netflix and YouTube.YouGov is British market research firm. It announced this y
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed. OLED TV panel shortage expected in 2022 We maintain BUY and TP of KRW25,000 (0.6x 2022E P/B) on LGD. We remain positive about the company because we believe Samsung Electronics’ entry into the OLED TV market in
Google announced that it would allow third-party payment to comply with the Telecommunications Business Act. However, the third-party payment fee is just 4 percentage points lower than the fee applied to its in-app payment. In other words, Google is planning to receive high fees in any way.At presen
Shinhan Bank is considering investing in virtual assets as it is planning to issue stablecoins next year. To issue stablecoins, which are cryptocurrencies pegged to a fiat currency such as the U.S. dollar, "platform coins" are needed as a basis. Platform coins act as a coin generation tool for creat
Google has decided to comply with the new Telecommunications Business Act by not forcing in-app payment in South Korea.As a result, app developers in South Korea can apply their own payment methods to their Google apps. In addition, Google app users can choose between in-app payment and other paymen
LG Electronics announced on Nov. 1 that it has supplied its next-generation infotainment systems for Renault Group’s new electric vehicle model Megan E-Tech.In September, LG Electronics and Renault unveiled a next-generation infotainment system, which was jointly developed by the two firms, at the I
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed. OLED key to metaverse’s virtual reality We maintain BUY and our TP of KRW25,000 (0.6x 2022E P/B) on LG Display. The company should gain from (1) its leadership in the OLED panel market (No. 1 in large-size OLED
Anticipation is growing for Samsung Display as foldable OLED panels are expected to show strong growth thanks to the popularization of foldable phones led by Samsung Electronics.Shipments of foldable OLED panels will reach 8.9 million units in 2021, Ubiresearch forecast in a report on Oct. 28. Shipm
Samsung Electronics held the Samsung Developer Conference 2021 online on Oct. 26 (U.S. local time). The Korean tech giant announced that it will strengthen platforms such as Bixby (artificial intelligence platform), SmartThings (the internet of things), and Knox (security platform) to improve connec
The Korea Communications Commission told Apple and Google to re-submit their action plans regarding the observance of the new Telecommunications Business Act, which is to prevent app market operators from forcing a certain way of payment.The revised law took effect on Sept. 14. Both Google and Apple
The author is a freelance journalist and Google News PR specialist. He can be reached at contact@sitetrail.com. -- Ed. A rise in business formation and registration has continued through May 2021, contrasting dramatically with the patterns seen during the Great Recession, when applications for prosp
The author is a freelance journalist and Google News PR specialist. He can be reached at contact@sitetrail.com. -- Ed. What Is An LLC? Is It The Most Optimal Business Structure?A Limited Liability Company (known as an LLC), is indubitably one of the most desirable and popular business entity structu
Samsung Electronics is found to be involved in the largest number of patent infringement lawsuits in the United States.According to Unified Patents, Samsung Electronics was the most frequently found company on a defendant list in patent infringement lawsuits filed with U.S. district courts in the fi
Naver is planning to establish an artificial intelligence (AI) company in partnership with Softbank of Japan. Naver is likely to provide AI technology and human resources, while Softbank is highly likely to provide capital and global networks.Naver and Softbank have started negotiations to create an
The Inclusive Framework held an online general meeting on Oct. 8 and finalized the Pillar 1 and 2 agreements and action plans on the digital tax. As a result, multinational IT companies doing business in South Korea such as Amazon, Google, Facebook and Netflix are likely to have to pay more taxes in
Global HR consulting firm Universum announced its World's Most Attractive Employers list for this year on Oct. 6. A total of 26,802 IT majors worldwide picked Google as the most attractive employer and Samsung Electronics took the seventh place.The annual survey has been conducted in the countri
Samsung Electronics was ranked 14th in the Global Top 100 Brand Corporations 2021, which was released by the European Brand Institute (EBI), a brand consulting firm based in Vienna, Austria, on Oct. 4. Samsung Electronics was the only Korean company included in the list.Samsung Electronics' bran
Tesla, a U.S. electric vehicle manufacturer, will reportedly outsource production of next-generation self-driving chips to Samsung Electronics.Samsung’s Foundry Business Division beat Taiwan’s TSMC based on its chip design capabilities, process technology, and greater value for money. Industry watch
KB Kookmin Bank announced on Sept. 23 that it has signed a memorandum of understanding (MOU) on investment banking (IB) with Lloyd Banking Group of the United Kingdom.The MOU allows KB Kookmin Bank to jointly invest in real estate syndicated loans to be arranged by Lloyd Banking Group. The two compa
The Korea Communications Commission announced on Sept. 14 that the new Telecommunications Business Act is now effective.According to it, the first one of its kind in the world, app market providers such as Google and Apple cannot force in-app payment in relation to content providers and the South Ko