Key affiliates of Samsung Group, including Samsung Electronics, Samsung SDI, Samsung SDS and Samsung Electro-Mechanics, have launched a task force focused on electric vehicles (EVs). The task force is reportedly studying EVs from various angles at Samsung Seocho Building in southern Seoul. "It recen
LG Display announced on June 15 that it will borrow US$1 billion from major global financial companies to expand OLED module lines at its Vietnamese plant.The lenders include the Australia and New Zealand Banking Group (ANZ), Hongkong and Shanghai Banking Corp. (HSBC), Citibank and CaixaBank of Spai
The authors are analysts of Shinhan Investment Corp. They can be reached at hyungwou@shinhan.com and michlshim94@shinhan.com, respectively. -- Ed. Foldable devices to drive momentum in 2H22In 2H22, we recommend focusing on companies that stand to benefit from the shift to foldable devices. Shipments
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. Upwardly revising our earnings estimates, we raise our TP for BH Flex in light of: 1) sound smartphone sales at its North American client; 2) rising shipments at a display client; and 3) its recen
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. Innox AMC’s share price has slid as of late amid market fears that OLED TV shipments will slow amid an economic downturn. But, such fears look overblown given likely sound earnings momentum in 2H2
Samsung Display has abandoned its liquid crystal display (LCD) business, but is hesitant to invest in large organic light emitting diode (OLED) TV panels, which are regarded as next-generation displays. This is because Samsung Electronics, which is its biggest client, is showing a lukewarm attitude.
Hyundai Engineering announced on June 6 that it has signed a contract with U.S. energy company USNC to provide a detailed design of a micro modular reactor (MMR) to be built at Chalk River Laboratories, a Canadian nuclear research facility in Deep River, about 180 km north-west of Ottawa.The contrac
Samsung Electronics is still promoting M&A deals to drive the company's future growth, said Han Jong-hee, head of the company's Device Experience (DX) Division, on March 31.He also said the possibility is still open for Samsung Electronics’ purchasing of OLED TV panels from LG Display.“We ar
Market research firm Omdia announced on May 24 that the global TV market contracted by 6.3 percent to US$25.675 billion and 4.3 percent to 49.07 million units in the first quarter of this year.“The market share of Samsung Electronics, which has led the market for 16 years in a row, was 32.9 percent
Hyundai Mobis announced on May 22 that it has developed the world’s first variable display, which can move up and down, for an integrated driver’s seat system. The new display is optimized for self-driving vehicles.Variable displays are also called swivel displays because their screens move up and d
SK Inc. and SK Innovation have partnered with TerraPower of the United States to promote the small modular reactor (SMR) business.The two companies signed a memorandum of understanding with TerraPower, a company set up by Bill Gates in 2008, for comprehensive business cooperation. TerraPower is an i
LG Display and BOE are increasing their mobile OLED panel production at a rapid pace, signaling more competition in the LTPO OLED display market segment in particular. This segment is being led by Samsung Display.BOE is currently building a mobile OLED panel plant in Chongqing. The plant is schedule
Research results show that organic light emitting diode (OLED) displays are about 0.05 seconds faster than LCD panels in response speed when playing games, LG Display said at an international seminar in the United States on May 11 (local time).The company tested various genres of games with OLED, LC
LG Display has developed the world’s first large organic light emitting diode (OLED) TV display featuring convex lens technology. The new display is twice as bright as conventional TV displays.The new display is characterized by a fine convex lens array layer inside an OLED panel. The layer is not c
LG Display will take the wraps off a number of advanced new OLED technologies at the International Society for Information Display (SID) 2022 exhibition, which is held in San Jose of the United States for three days from May 10.LG Display is planning to catch the attention of visitors with its new O
Market research firm Omdia said on May 8 that this year’s global TV shipments are estimated at 211.639 million units, the smallest since 2010 and about 1.89 million units less than last year’s.This is because COVID-19 is subsiding and inflation is continuing in the United States and Europe. The Q1 d
The ratio of components supplied by South Korean manufacturers has risen from 27 percent to 30 percent from iPhone 12 to iPhone 13. The latest iPhone incorporates chips from Samsung Electronics and SK Hynix, camera lenses and multilayer ceramic capacitors from Samsung Electro-Mechanics, camera modul
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed. Revise down TP by 12% to KRW22,000 We lower our 12m TP for LGD by 12% from KRW25,000 to KRW22,000, as we have revised down 2022E and 2023E NP (attributable to controlling interests) by 18.9% and 12.6%, respecti
LG Display is preparing to enter the extended reality (XR) market, a company official said on April 27. “We are closely monitoring the XT market and are preparing to enter it quickly if profitability and market size meet our standards,” the official said in a conference call for a first-quarter earn
Chinese display maker BOE will reportedly supply OLED panels for the basic model of the iPhone 14 series, which is scheduled to come out in 2022. BOE have thus far supplied panels for refurbished iPhones, but this time it will supply panels for new iPhones.Chinese IT media outlet MyDrivers reported