LG Display announced that its research papers on “Ultra-large OLED” and “Stretchable Display” development technologies were selected as “Distinguished Papers of the Year” at the Society for Information Display (SID), an international academic conference for display information.SID is the world's
Over the past five years, changes have been made in the market capitalization standings among semiconductor giants. Samsung Electronics and Intel, the top two semiconductor companies, recently slipped down through the rankings. Meanwhile, nonmemory companies such as Nvidia, TSMC, and Advanced Micro
The author is an analyst for Shinhan Securities. She can be reached at hyon@shinhan.com -- Ed.1Q23 operating profit comes in at KRW16.8bn (+105.7% QoQ)Hana Micron posted operating profit of KRW16.8bn (+105.7% QoQ) on sales of KRW237.9bn (+9.8% QoQ) for 1Q23. A drop in earnings at the parent company
Huawei, which has been hit hard by the U.S. ban on semiconductor equipment exports to China, made a winning move by entering the digital transformation (DX) business in the industrial field.The Chinese IT giant held the Huawei Asia-Pacific Partner Conference 2023 in Shenzhen, China, on May 17 (local
A number of high-profile mergers and acquisition (M&A) deals were made in the entertainment industry recently. Kakao and HYBE's investment in SM Entertainment is a recent good example.Korean showbusiness companies are partnering with blockchain platforms for metaverse platforms or the non-fungib
After the outbreak of the U.S.-China trade conflict, in the U.S. imported semiconductor market, the share of Chinese-made semiconductors shrank by one-third while that of Taiwanese-made products has doubled over the past four years. That of Korean-made chips inched up a bit as well.China’s share of
S-OIL said that the company appointed Anwar A. Al-Hejazi, former president of Aramco Asia as its new CEO in an extraordinary general meeting of shareholders and the board of directors on May 9.“Al-Hejazi is an expert in the energy industry, having served as an executive at Aramco, an oil company run
The rapid growth of the electric vehicle market and a sharp increase in sales of the three Korean battery makers are bringing big profits to Chinese companies that dominate the market for key battery materials such as lithium. Korean battery makers depend on Chinese companies for close to 90 percent
Korea’s dependence on Japan for materials, parts, and equipment has shrunk, but its deficit in the trade of these three items with Japan has been growing, an analysis says.The production and added value amounts of Korea’s materials, parts, and equipment industries grew at an average annual rate of m
The South Korean government won a five-year dispute at the World Trade Organization (WTO) over the unfairness of a U.S. safeguard on washing machines.The WTO Dispute Settlement Body (DSB) adopted a panel report in favor of South Korea in the washer safeguard dispute between the United States and Sou
The author is an analyst of NH Investment & Securities. He can be reached at minjae.lee@nhqv.com -- Ed.For constructors, OP consensus has proven relatively inaccurate compared to that for sales, with actual OP often missing the market projection due to external variables. Currently, 2023 OP consensu
The author is an analyst of NH Investment & Securities. He can be reached at minjae.lee@nhqv.com -- Ed.Korean President Yoon Suk-yeol’s visit to the US should serve as a catalyst to strengthen the two countries’ SMR partnership. Elsewhere, SMR developer Holtec has signed an SMR deal with Ukraine’s E
The annual bilateral trade between the United States and South Korea is expected to exceed US$200 billion for the first time in history this year.The Korea International Trade Association announced on April 24 that South Korea’s exports to and imports from the United States totaled US$26.9 billion a
France’s GTT, which receives royalties for cargo holds for liquefied natural gas (LNG) carriers worth hundreds of billions of won built by Korean shipyards, recorded profit growth of over 20 percent in the first quarter of 2023. Despite receiving large-scale LNG carrier orders, Korean shipbuilders a
Lotteria, a Korean hamburger franchise that opened in Korea in 1979, is focusing on expanding to overseas markets. The company is considering entering neighboring Singapore and Malaysia to capitalize on its success in the Vietnamese market where the Korean hamburger giant has enjoyed significant gro
Hyundai Motor Group will become the world's No. 1 automaker in 2026 with sales standing at 9.2 million vehicles, according to a new forecast. Hyundai Motor Group sold 6.85 million vehicles globally in 2022, ranking third in sales behind Japan's Toyota and Germany's Volkswagen.In a report
South Korean defense companies are distinguishing themselves in the global market. Their annual exports were around US$3 billion in the 2010s but exceeded US$7.2 billion in 2021 and US$17 billion in 2022. They are aiming at US$20 billion this year.They are exporting more items to more destinations i
Major South Korean defense companies – Hanwha Aerospace, Korea Aerospace Industries, LIG Nex1, Daewoo Shipbuilding & Marine Engineering, and Hyundai Rotem – recorded an order backlog of 100.4834 trillion won (US$76.21675 billion) at the end of last year.Specifically, Hanwha Aerospace topped 52.658 t
ZKW, a subsidiary of LG Electronics in the automotive lighting business, was listed as the company that applied for the third-most patents in Europe last year among Austrian companies.According to ZKW on April 14, ZKW accounted for 61 (close to 30 percent) of 224 patents filed by Austrian companies
The Korea International Trade Association announced on April 16 that global total exports were US$24.9045 trillion last year with South Korea accounting for 2.74 percent of the total, the lowest level since 2008.South Korea’s share was 3.02 percent in 2014 and 3.09 percent in 2018. It was 3.23 perce