Amid sluggish business performances and an economic recession, U.S.-based big tech companies are restructuring. Samsung Electronics’ U.S. semiconductor subsidiary Device Solutions Americas (DSA) also recently laid off employees.According to industry sources in Silicon Valley on March 7 (local time),
Hyundai Engineering announced on Feb. 28 that it had a discussion with the government of Alberta in Canada, on a small module reactor (SMR) construction project.Hong Hyun-seong, CEO of Hyundai Engineering discussed how to achieve Alberta’s “zero emission” goal with Brian Jean, minister of jobs, econ
The business performances of Samsung Electronics and SK Hynix subsidiaries in China deteriorated significantly in 2022 due to U.S. sanctions against China and the impact of the COVID-19. To make matters worse, the U.S. government recently announced that it would set a technological limit to prevent
Samsung Electro-Mechanics announced on Feb. 26 that it has developed an automotive semiconductor substrate applicable to advanced driver assistance systems (ADAS), and will expand its lineup of high-end automotive semiconductor substrates. The newly developed flip chip ball grid array (FCBGA) is a s
South Korean display manufacturers need to accelerate their development of more advanced OLED displays, with Chinese companies rapidly following them in the OLED display market, an industry analyst said in Seoul on Feb. 21.Kang Min-su, an analyst of Omdia, a technology research company, presented a
The Korean Intellectual Property Office announced on Feb. 19 that the number of super-giant AI-related patent applications in the United States, Japan, China, Europe and South Korea increased approximately 28-fold from 2011 to 2020. Specifically, the number was 530 in 2011 and 14,848 in 2020.The Uni
Attention is focusing on the 200 million pixel image sensor of Samsung Electronics’ new flagship Galaxy S23 Ultra. The company said that the image sensor, Isocell HP2, provides the best picture quality at the pixel level.The sensor is equipped with 200 million 0.6 micrometer pixels. Samsung Electron
The advent of ChatGPT, an artificial intelligence (AI) chatbot, is providing opportunities for Korean memory semiconductor makers to create a new business. ChatGTP learns a lot of data through super-large artificial intelligence (AI) and answers questions naturally. DRAM data processing speed has be
South Korea’s silicon wafer imports from Japan totaled US$202.9 million in the fourth quarter of last year, down 26.66 percent from a year ago. This is because Samsung Electronics and SK Hynix reduced their imports with business conditions deteriorating.The two companies are showing a rapid increase
SK bioscience announced on Feb. 8 that the company’s board of directors has officially decided to initiate the establishment of the ‘Songdo Global Research & Process Development (R&PD) Center.’The R&PD Center will be built on a 30,413.8 square meter site in Songdo, Incheon, with a total investment o
The authors are analysts of Shinhan Securities. They can be reached at jhwon@shinhan.com and snowKH@shinhan.com, respectively. -- Ed.4Q22 review: Earnings in line with market consensusJeisys Medical posted consolidated operating profit of KRW9.1bn (+35.9% YoY, operating margin of 28.6%) on sales of
Feb. 8 marks the 40th anniversary of the "Tokyo Declaration," when Lee Byung-chul, the late founder of Samsung Group and grandfather of Samsung Electronics' chairman Lee Jae-ong, announced in Tokyo a plan to enter the semiconductor business.On Feb. 8, 1983, the late Samsung founder called Hong J
Amid a deepening slump in the memory semiconductor industry, Western Digital, the fourth-largest company in the global NAND flash market, has announced a further reduction in its facility investment and production.Western Digital announced in an earnings conference call for the fourth quarter of 202
Samsung Electronics have joined hands with Google and Qualcomm to develop next-generation extended reality (XR) devices. The specific method of their cooperation has not been finalized. But as Apple is about to release a mixed reality (MR) device within this year, the three companies are banding tog
SK Inc. C&C, an ICT company providing comprehensive digital solutions, has signed a memorandum of understanding (MOU) with Microsoft Korea to promote its digital healthcare solutions in the global market.Under the agreement, SK Inc. C&C's Medical Insight Plus Brain Hemorrhage will become a strat
Samsung Electronics' DS Divsion and SK Hynix have decided to pay a generous performance-based bonus to staff, despite a big slump in memory semiconductors. Their decisions are in sharp contrast with the salary cuts and quarterly bonus payment suspension announced by Intel and Micron in the Unite
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed.Memory inventories at clients to normalize in 1H23 We maintain BUY and TP of KRW110,000 on SK hynix. Despite our forecast of massive losses this year, we still hold a positive stance on the company. The memory c
The operating profit of the semiconductor division of Samsung Electronics dropped 96.95 percent year on year in the fourth quarter of 2022. Despite the worst performance in 13 years, Samsung Electronics said that there would be no artificial production cut and this year’s capex would be close to las
On Dec. 13, 2022, Apple CEO Tim Cook posted on Twitter a photo showing him at an elementary school in Kumamoto, Japan, along with the message, “Sony is Apple’s partner and has made the world’s best camera sensors.”Kumamoto is the region where Taiwan’s TSMC and Japan’s Sony will build a joint venture
Hanwha Solutions has forged a global solar energy alliance with Microsoft (MS) of the United States. The company will supply solar power generation modules to an energy conversion project promoted by MS and design and construct the solar power plants.Hanwha Solutions announced on Jan. 26 that it sig