Samsung Electronics is considering the adoption of MicroLED technology for its Galaxy Watch. This move is perceived as a strategy to rapidly seize the MicroLED market while intensifying competition with the Apple Watch.On Oct. 16, Samsung Electronics announced through their newsroom that they are in
Korea Shipbuilding & Offshore Engineering announced on Oct. 16 that it has decided to equip two 45,000㎥ medium-sized LPG carriers, which the Belgian shipping company Exmar had ordered in March, with ammonia dual-fuel engines.The ammonia-propelled LPG carriers, with dimensions of 190 m in length, 30.
BMW is aggressively entering the Korean electric vehicle market with the establishment of electric vehicle charging infrastructure as a key strategy.According to BMW Korea on Oct. 14, the German automaker has installed 920 EV charging stations in Korea, starting with 120 EV chargers at E-Mart branch
Korean battery material, parts, and equipment companies preparing to enter the North American market are turning their eyes to Canada instead of the United States. This is because Korean battery makers such as LG Energy Solution, Samsung SDI, and SK on have proactively announced large-scale investme
The Carbon Free Alliance (CF Alliance), proposed by President Yoon Suk-yeol during the UN General Assembly last month, has been officially launched in South Korea on Oct. 12. Major domestic corporations, including Samsung, Hyundai, SK, LG, POSCO, and Hanwha, have joined the CF Alliance.The Ministry
The author is an analyst for NH Investment & Securities. He can be reached at minwoo.ju@nhqv.com -- Ed.With lithium prices approaching BEP, a downtrend in LGES’s ASPs should slow. And, led by likely production recoveries at US OEMs, LGES’s sales are primed to rebound from 4Q23 after bottoming out in
Huawei kicked off the 14th Global Mobile Broadband Forum in Dubai, UAE. Li Peng, Huawei's President of Carrier BG, delivered a keynote at the event. In his speech, Li called on global carriers and industry partners to rise to the occasion, address increasing demands on networks, and make the most of
The results of an analysis about third quarter 2023 market capitalization changes in the domestic stock market were released by CXO Research Institute, an organization specializing in Korean business analysis, on Oct. 11. Based on the analysis, the total market capitalization of the domestic stock m
Samsung Electronics and LG Electronics are pumping up their efforts to promote their gaming monitors among gamers of the e-sports League of Legends (LoL) scene.LoL is the world’s most popular game with nearly 200 million monthly active users. There are continental leagues such as League of Legends C
The author is an analyst for NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com -- Ed.Concerns over OLED shipments to North American client appear overblownLG Display (LGD)’s share price has recently tumbled on concerns over a possible delay in shipments of OLED panels for a new sma
The author is an analyst for NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com -- Ed.LGE achieved market share expansion and margin improvement based on its competitiveness in the home appliance market. It also posted record-high profit margins at the VS division, exceeding expecta
Expectations are rising that South Korean electric mobility companies might counteract the rapid market penetration of cheaper Chinese alternatives by next year. Particularly, South Korean SMEs, medium-sized businesses, and startups are strategizing to differentiate themselves from Chinese products
Following LG Energy Solution’s recent massive electric vehicle battery supply contract with Toyota, the world’s top-selling automaker, LG Chem has also sealed a deal with Toyota to supply cathode materials, an essential component for secondary batteries.On Oct. 6, LG Chem announced that it had enter
The South Korean semiconductor industry is experiencing a surge in domestic production of advanced materials for High Bandwidth Memory (HBM), often touted as next-generation DRAM. As Samsung Electronics and SK hynix amplify their HBM production capabilities, heightened technical advancements across
Forecasts suggest that the shipment volume of organic light-emitting diode (OLED) displays used in tablet PCs and laptops will grow at an annual rate of 41% until 2027.On Oct. 10, market research firm UBI Research published a report titled “Analysis of IT OLED Technology and Industry Trends.” This y
LG Display and LG Chem have successfully localized the production of core materials for Organic Light Emitting Diodes (OLED), which were previously entirely imported.According to LG Display on Sept. 9, both companies have independently developed the OLED core material “p-dopant,” which was previousl
The ongoing armed conflict between Israel and the armed Palestinian faction, Hamas, has sent shock waves through the Middle East. Accordingly, major South Korean companies like Samsung Electronics and Hyundai Motor, which have a significant presence in the area, are closely monitoring the situation.
Last month, during the United Nations General Assembly, President Yoon Suk-yeol proposed the Carbon Free Alliance (CFA). Leading corporations such as Samsung Electronics, SK Hynix, and Hyundai Motor, which previously committed to RE100 (100% renewable energy), have now joined the alliance. The shift
South Korea has seen a surge in the import of cost-effective Chinese-made Lithium Iron Phosphate (LFP) batteries. This trend is primarily due to the aggressive pricing strategy of Tesla, the world’s leading electric car manufacturer that uses LFPs, steering the electric car market towards a price-ce
LG Energy Solution has secured a long-term agreement with Toyota, the world’s largest automaker, ensuring that it will now supply electric vehicle (EV) batteries to all of the top five global automakers, namely Toyota, Volkswagen, Renault-Nissan, Hyundai, and GM.On Oct. 5, LG Energy Solution announc