The government has designated seven specialized complexes for the nation’s advanced strategic industries such as semiconductors, secondary batteries, and displays. In addition to this, five specialized complexes for materials, parts and equipment have also been newly designated to focus on five othe
LG unveiled EXAONE 2.0, a super-sized artificial intelligence (AI) service that can be used to develop new materials, new substances, and new drugs, among other things.The LG AI Research Center unveiled EXAONE 2.0 at the LG AI Talk Concert 2023 at the LG Science Park Convergence Hall in Magok, Seoul
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
Samsung Electronics has slipped to fourth place in global semiconductor market capitalization rankings, surpassed by U.S.-based fabless semiconductor firm Broadcom. Non-memory companies such as Nvidia and Broadcom are expanding their territories through massive investments and mergers and acquisitio
Samsung Electronics announced on July 13 that it has begun mass production of an in-vehicle infotainment (IVI) Universal Flash Storage (UFS) 3.1 memory solution boasting the industry’s lowest power consumption.The new product improves power consumption by about 33% compared to the previous generatio
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
The author is an analyst for Shinhan Securities. He can be reached at ym.ko@shinhan.com -- Ed.2Q23 preliminary results: Better-than-feared earnings from MX Samsung Electronics disclosed preliminary 2Q23 results at company-wide operating profit of KRW0.6tr (continued loss QoQ) on sales of KRW60tr (-6
SKC announced on July 7 that it has decided to acquire a 45% stake in ISC for a total of 522.5 billion won (US$400 million). This decision came following a board of directors meeting. The company will acquire a 35.8% stake held by the majority shareholder for 347.5 billion won and invest an addition
“The market share of Samsung’s high-bandwidth memory (HBM) products is still over 50 percent,” said Kyung Kye-hyun, president of Samsung Electronics’ DS division in charge of the semiconductor business, dismissing concerns that the company’s memory competitiveness is declining. It took place during
Samsung Electronics’ second-quarter operating profit plunged 96 percent year on year, according to a forecast. This means that it may hit a 14-year low as fears of a semiconductor supply glut intensify.According to a survey of 27 analysts by financial information firm Refinitiv’s SmartEstimate, Sams
In the midst of the U.S.-China semiconductor supremacy race, India is revealing its ambition to become a major base for the world semiconductor industry by replacing China. The Indian government has offered significant incentives to global semiconductor companies leading many to decide to invest in
Faced with the worst semiconductor recession in its history, Samsung Electronics has executed a major restructuring of its Device Solution (DS) Division, including personnel management. The DS Division is responsible for the semiconductor business.According to industry sources on July 3, Samsung Ele
The author is an analyst for Shinhan Securities. He can be reached at ym.ko@shinhan.com -- Ed.Micron’s earnings release raises expectations for SK Hynix’s decouplingSK Hynix is likely to have seen operating loss of KRW2.3tr (continued loss QoQ) on sales of KRW6.8tr (+34% QoQ) in 2Q23. Micron Technol
Global customers have been lining up to buy Nvidia’s graphics processing units (GPUs), but tight supply has sent prices soaring. GPUs are the brains of generative artificial intelligence (AI) programs like ChatGPT. Nvidia commands more than 90 percent of the global GPU market for AI.The recent rapid
The author is an analyst for NH Investment & Securities. He can be reached at hwdoh@nhqv.com -- Ed.A key client’s GAA process is expected to reach the mass production stage in 2024, in turn benefiting Soulbrain. Also to benefit its earnings is an expected improvement in semiconductor supply/demand c
The standings of Samsung Electronics and SK hynix, which have been leading the global semiconductor market, are wavering amid the “memory cold snap.” Samsung Electronics has been pushed down to the second spot by Intel in the global semiconductor market for the first quarter, and SK hynix, which use