Bloomberg reported on Jan. 10 that Apple is working on designing its own MicroLED displays for use in devices like the iPhone and Apple Watch as early as next year.The story included a forecast that it will inevitably affect Samsung Display and LG Display, which supply displays to Apple. Apple did n
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. CES 2023 highlighted the popularization of XR, mobility technology, and AI, and decreased interest in existing IT devices such as home appliances, PCs, and smartphones. The showcase company was So
The three Korean battery companies are reconsidering their capacity expansion plans.SK On, a battery subsidiary of SK Innovation, temporarily halted a plan to build an electric vehicle (EV) battery plant in Ankara, Turkey by jointly investing 3 trillion won with Ford of the United States and Koç Hol
Although interest rates are rising amid the ongoing recession, more and more experts are predicting that investment in the domestic M&A market will increase this year, led by companies in the black with technological competitiveness.Such companies fared pretty well in last year’s market, where a lot
Coway Co. announced on Jan. 9 that its Seoul-based R&D center, the Environmental Technology Research Institute, has obtained accreditation as a designated testing laboratory from TÜV SÜD Korea.TÜV SÜD is one of the leading providers of testing, inspection, and certification (TIC) services worldwide
LG Display has unveiled its third-generation OLED TV panel at CES 2023. The new panel is a 60 percent improvement in brightness and 30 percent improvement in viewing angle compared to the previous generation. Specifically, the brightness has been improved from 1,300 to 2,100 nit.The company produced
Hyundai Motor Group announced on Jan. 4 that its U.S. subsidiary Supernal will develop advanced future aviation solutions in cooperation with Microsoft, which has technologies for autonomous flight simulations.The two sides will promote cooperation in a wide range of fields, including cloud converge
Samsung Electronics and LG Electronics, which have long competed in the electronics industry, are facing off in the automotive electronics market.LG Electronics and its affiliates have started to expand their workforce in the field of electric vehicles (EVs), which has emerged as a cash cow. LG Elec
Taiwanese newspaper DigiTimes reported that Samsung Electronics may substantially lower its memory chip product prices next year in order to further solidify its market leading position.At present, Samsung Electronics’ share in the global memory chip market is gradually falling. For example, its DRA
Samsung Electronics has decided to ramp up its wafer production capacities for memories and system semiconductors by around 10 percent in 2023.The company's move is in sharp contrast to those of its rivals such as TSMC, Intel, Micron Technology, and SK Hynix, which all declared a reduction of th
Amorepacific participated in the Asian Congress for Alternatives to Animal Experiments (ACAAE) held at the International Convention Center Jeju (ICC Jeju) from Dec. 14 to 16.At the event, Amorepacific held a seminar and shared the results of its research on alternatives to animal experiments and fut
Samsung Electronics maintained its No. 1 position in the global DRAM market in the third quarter of this year, but its market share dwindled.According to market research firm Omdia, global DRAM sales in the third quarter of this year stood at US$17,548 million, down 29.8 percent from US$24,984 milli
Samsung Electronics executed the largest amount of capital expenditures (CAPEX), including facility investment, in 2021, according to the 2022 EU Industrial R&D Investment Scoreboard announced by the European Commission on Dec. 15.Samsung Electronics' CAPEX last year increased by 23.7 percent to
A small Korean company has developed a material that is expected to dramatically improve the yield of the extreme ultraviolet (EUV) lithography equipment from ASML, a Dutch semiconductor equipment company.Graphene Lab, a developer of semiconductor and display materials, announced on Nov. 14 that it
As the European Commission has decided to maintain its plan to significantly strengthen the energy efficiency standards on TVs, Korea's exports of 8K TVs to Europe are highly likely to be blocked.According to the 8K Association and media reports, the EU Commission has no intention of revising a
The author is an analyst of NH Investment & Securities. He can be reached at hwdoh@nhqv.com. -- Ed. Amid deepening IT demand decline, SK Hynix’s sluggish performance is expected to continue into 1H23. Supply-demand improvement is anticipated from 2H23 through active supply control efforts (eg, inves
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed. Uncertainty over production disruptions at Foxconn should dissipate in DecemberOver the past three days, LGI stock fell 9.5%, or 31.3% from its 2022 peak, on concerns over production disruptions at Foxconn’s Zh
The authors are analysts of Shinhan Investment Corp. They can be reached at doyeon@shinhan.com and hyon@shinhan.com, respectively. – Ed. Memory chip prices likely to drop until 2Q23 and turn around in 2H23The memory chip market has witnessed the steepest decline in demand and the highest inventory l
Mirae Asset Global Investments announced on Nov. 24 that its U.S. ETF management subsidiary Global X listed three new covered call ETFs covering the financials, healthcare, and IT sectors of the S&P500 on the New York Stock Exchange on Nov. 22 (local time).The Global X Financials Covered Call & Grow
SK Inc. is expanding its investment portfolio for sustainable food, a promising next-generation food sector, as part of its focus on advancing green businesses aligned with environmental, social and governance (ESG) principles.The company announced on Nov. 24 that it has invested approximately US$7