Magnachip Semiconductor announced on Jan. 10 that it is developing OLED display driver IC (DDIC) products for vehicles and is planning to strengthen its lineup of OLED DDIC products and expand its presence in the global OLED market.Magnachip is developing OLED DDICs for vehicles using a 40-nm proces
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed. Maintain BUY, target price of KRW170,000 We maintain BUY and TP of KRW170,000 on LG Electronics (LGE). We remain optimistic as product mix improvements on new product releases by H&A (Home Appliance & Air Solut
Chinese TV manufacturers unveiled a large number of high-end TV products at CES 2022. For example, TCL exhibited seven new mini LED TV models, including X9 925 Pro 8K with an 85-inch screen and a thickness of 10 mm and Ultra Slim 8K with a thickness of 3.9 mm. The prototypes were exhibited without d
Hyundai Engineering announced on Jan. 9 that it has won the Indonesia LINE project worth US$757 million.The company will build a naphtha cracking center (NCC) for the LINE complex, a super-large petrochemical complex being promoted in the Cilegon area 90 kilometers northwest of Jakarta, the capital
Samsung Electronics will announce large-scale M&A deals sooner or later, the company's top official said at CES 2022 in Las Vegas on Jan. 5 (local time). “I think we will be able to deliver good news on M&A deals to you soon,” said Han Jong-hee, vice chairman of the Device Experience (DX) Divisi
Samsung Electronics’ quantum dot (QD)-organic light emitting diode (OLED) TV has nabbed the Best of Innovation award at CES 2022, which kicks off in Las Vegas of the United States on Jan. 5 (local time). Samsung Electronics has decided not to display the product at this year's CES, but industry
It would be very welcome if Samsung Electronics enters the OLED TV market, Park Hyung-se, head of LG Electronics' HE Business Division, said in an online news conference on Jan. 4. "We will lead the global market with brighter and clearer OLED TVs in 2022."Samsung Electronics is expected to star
Samsung Electronics took the wraps off the Galaxy S21 FE at CES 2022 on Jan. 4 (local time).The Galaxy S21 FE is so similar to the Galaxy S21 that people can hardly find a difference between the two. However, slight differences exist between the two.The Galaxy S21 FE’s screen is 0.2 inches larger. I
Samsung Electronics is planning to exhibit smart TVs supporting NFT transactions at CES 2022. The Micro LED, Neo QLED and The Frame TVs supporting NFT artwork search as well are scheduled to be released worldwide this year.“The world’s first TV screen-based NFT explorer and marketplace will be exhib
LG Display has unwrapped its next-generation OLED TV panel, OLED EX, which is 30 percent brighter than the current OLED TV panels. The company said it applied deuterium technology to OLED panels to increase brightness and color accuracy. Deuterium is twice as heavy as regular hydrogen and exists in
The author is an analyst of NH Investment & Securities. He can be reached at minwoo.ju@nhqv.com. -- Ed. In addition to its OLED and semiconductor materials businesses, which should continue displaying stable earnings growth based on solid positions at clients, an expected rapid earnings expansion at
Samsung Electronics and LG Electronics are expanding their cooperation from the home appliance sector to automotive electronics. Samsung Electronics is planning to unveil QD-OLED TV models equipped with a quantum dot (QD) display at CES 2022, which will kick off in Las Vegas on Jan. 5 2022.Apart fro
LG Display announced on Dec. 27 that it will unveil diverse applications of transparent OLED displays at CES 2022 Online Exhibition Hall.The Korean display giant will unveil a "transparent show window," which is created by putting four 55-inch transparent OLED displays together and is placed outside
The Ministry of Science and ICT announced on Dec. 24 that a non-government expert committee has submitted a report to the government so that its pyroprocessing R&D project can be resumed in three years. The project for the purpose of efficient spent nuclear fuel processing was halted in 2018 after a
LG Display will unveil new solutions for daily lives based on bending organic light emitting diode (OLED) displays at the world’s largest IT and home electronics show to be held early next year.LG Display announced on Dec. 23 that it will unveil Virtual Ride and Media Chair, which are flexible OLED
Samsung Electronics' new CEO and vice chairman Han Jong-hee has been an opponent of organic light emitting diode (OLED) TVs since he was a manager of the Video Display Business Department, which produces TVs. “OLED TVs have many technical problems, such as screen burn-in,” Han told whenever he m
The authors are analysts of Shinhan Investment Corp. They can be reached at bh.lee@shinhan.com and wonyong.sim@shinhan.com, respectively. -- Ed. Robot maker specializing in vacuum transfer robotsT-Robotics specializes in robots used in semiconductor/OLED production processes for the transfer of wafe
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed. Revise up TP by 12% to KRW28,000; Reiterate BUY We revise up our TP by 12% from KRW25,000 to KRW28,000 (based on 0.69x 2022E P/B) and reiterate BUY for LG Display (LGD) as we reflect upward revisions of 8.3% an
The iPhone 14 Pro is predicted to come in the second half of next year with a punch-hole display. At present, Samsung Display, LG Display and BOE are supplying displays to Apple and the three companies are showing mixed reactions to the prediction.Samsung Display is currently supplying 100 percent o
The authors are analysts of Shinhan Investment Corp. They can be reached at doyeon@shinhan.com and hyon@shinhan.com, respectively. – Ed. 4Q21 OP forecast at KRW15.2tr (-4.0% QoQ)We expect Samsung Electronics to post operating profit of KRW15.2tr (-4.0% QoQ) on sales of KRW75tr (+1.4% QoQ) for 4Q21,