Samsung Electronics likely posted 73.1 trillion won in sales in the third quarter, becoming the first Korean company to break through the milestone of 70 trillion won in quarterly sales.Samsung Electronics announced on Oct.4 that its sales and operating profit in the third quarter are estimated at 7
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. Global smartphone demand continued to decline y-y in August due to semiconductor shortages and sluggish demand in China. In September, however, demand should recover thanks to the launch of new pr
The authors are analysts of Shinhan Investment Corp. They can be reached at doyeon@shinhan.com and hyon@shinhan.com, respectively. – Ed. 3Q21 OP forecast at KRW16tr (+27.5% QoQ)Samsung Electronics is expected to report operating profit of KRW16tr (+27.5% QoQ) on sales of KRW71.9tr (+13.0% QoQ) for 3
The authors are analysts of Shinhan Investment Corp. They can be reached at chank@shinhan.com and johnsoh@shinhan.com, respectively. -- Ed. Semiconductor test service providerNepes Ark specializes in providing backend testing service for chipmakers. By test application, PMIC (power management IC) ac
The Korea Fair Trade Commission announced on Sept. 14 that it decided to impose a fine of 207.4 billion won, along with a corrective order, on Google. This is against app preloading, a main business model of Google. According to the commission, it constitutes an unfair trade practice and an abuse of
Samsung Electronics is expanding its recruitment of local employees in Vietnam despite the spread of COVID-19 in the Southeast Asian country.The company will hire 1,000 production workers for its mobile phone plant in Bac Ninh Province, said local media outlet VN Express on Sept. 12. Earlier last mo
The authors are analysts of Shinhan Investment Corp. They can be reached at doyeon@shinhan.com and hyon@shinhan.com, respectively. – Ed. Concerns focused on short-term memory market conditionsAmid continuing disruptions in the IT supply chain, the supply of IT parts other than memory chips has remai
The United States International Trade Commission (USITC) has initiated a patent infringement investigation related to Samsung Electronics and LG Electronics at the request of Sonrai Memory.The plaintiffs including the non-practicing entity are claiming that Samsung Electronics and LG Electronics inf
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. We upgrade our rating on Segyung Hitech to Buy and raise our TP, considering the company’s growth potential as an exclusive parts maker for foldable smartphones (protective films) and recent recov
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. Considering the recent brisk sales of the Galaxy Z series, KH Vatec is expected to benefit over the mid/long term from rapid expansion of the foldable smartphone market. Moving ahead, sustained gr
Samsung Electronics will release a new application processor (AP) in December to face off against Qualcomm. Its previous APs failed to meet expectations due to performance and heat generation problems.Flagship smartphones are launched one or two months earlier than before, from March to April in the
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. Overseas pre-orders for the Galaxy Z series are stronger than expected, as is the case in Korea. In particular, sound order numbers are being seen in India. Of note, shipments to major European co
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. Pre-orders for the Galaxy Z series are 10x higher than those for the previous lineup, surpassing orders for the existing flagship Galaxy S and Galaxy Note series. We attribute this strong populari
Samsung Display unveiled its under-panel camera (UPC) technology on Aug. 18. The technology eliminates camera holes from the smartphone screen by embedding front cameras under the panel. Samsung Electronics applied this technology to the Galaxy Z-fold 3, which was recently launched.Samsung Display c
A subsidiary of Chinese home appliance company TCL is supplying a small amount of OLED panels for smartphones to Samsung Electronics.TCL has confirmed a news report that its display subsidiary, China Star Optoelectronics (CSOT), is supplying OLED smartphone panels to Samsung Electronics.Earlier, Dig
Samsung Group and minority shareholders are in conflict over old share purchase at Dowoo Insys, which supplies ultra-thin glass (UTG) for use in Galaxy Z Fold 3 and Galaxy Z Flip 3.Last month and this month, Samsung Venture Investment bought 15 billion won of Dowoo Insys shares from minority shareho
Samsung Display has developed an OLED panel for smartphones that cuts power consumption by 25 percent compared to previous ones. It was first applied to the Galaxy Z Fold3, a foldable phone that Samsung Electronics unpacked on Aug. 11.The company announced on Aug. 16 that it has developed a new pane
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. Samsung Electronics unveiled new foldable smartphones at its Galaxy Unpacked event. In addition to seeing performance and function improvements, including the inclusion of a full-screen display, S
Samsung Electronics released the world's first 5G smartphone Galaxy S10 in the first quarter of 2019. But it has been relegated to fifth place in the global 5G smartphone market.Xiaomi's shipments of 5G smartphones in the second quarter touched 24.3 million units, up 452 percent from the sam
Texas-based NPE Atlas Global Technologies filed a patent infringement suit against Samsung Electronics and Samsung Electronics America on Aug. 9.According to Atlas, Samsung infringed on its patent rights pertaining to eight Wi-Fi-related patents and used the patents for no less than 458 mobile produ