SK hynix, which indirectly holds a stake of approximately 34% in the Japanese NAND flash manufacturer Kioxia Corporation, has reportedly opposed the management integration of Kioxia and U.S.-based Western Digital (WD).Japan’s Nikkei newspaper reported on Oct. 18 that “SK hynix of South Korea, which
In the third quarter of this year, SK Group emerged as the top conglomerate in South Korea, showing the highest level of interest in “ESG management” among the country’s top ten groups. SK Group’s ESG management-related posts were the only ones to exceed 10,000, with LG Group and HD Hyundai Group fo
The author is an analyst for NH Investment & Securities. He can be reached at pk.park@nhqv.com -- Ed.Lonza presents disappointing earnings guidance at Capital Markets Day eventAt its Capital Markets Day event on Oct 17 (local time), Samsung Biologics’ peer Lonza presented its mid/long-term growth pr
Refiners are shifting their business focus from refining margins to biofuels. They are looking to grow their eco-friendly biofuel business, as the use of biofuels may rise in order to reduce carbon in line with a global low-carbon agenda.According to industry sources on Oct. 17, the European Union (
Samsung Electronics and LG Electronics are set to reduce their LCD TV panel procurement ratio from Chinese companies starting next year. This move is interpreted as a strategy to stabilize supply chain management by decreasing reliance on the unstable Chinese panel market and to counteract Chinese e
According to industry sources on Oct. 17, SK hynix recently collaborated with the data processing platform company HazelCast to publish a white paper on the application of Compute Express Link (CXL) technology.SK hynix has revealed empirical results indicating that by using the next-generation CXL m
Samsung Electronics has confirmed naming its 5th generation HBM3E product “Shinebolt.” As Samsung speeds up the development and marketing of HBM3E, it is expected to closely trail the leader in this sector, SK hynix.According to industry sources on Oct. 17, Samsung Electronics is sending Shinebolt p
In a recent move, the U.S. designated semiconductor plants of Samsung Electronics and SK hynix in China as “Verified End Users (VEU).” In response, Ahn Deok-geun, the chief trade negotiator of the Ministry of Trade, Industry, and Energy, said, “By mobilizing consultation channels centered on the Pre
As financial authorities announced a one-year delay in the mandatory implementation of Environmental, Social, and Governance (ESG) disclosure, originally targeted for 2025, the business sector breathed a sigh of relief, stating that this extra time would allow them to better prepare for the regulati
Samsung Electronics is considering the adoption of MicroLED technology for its Galaxy Watch. This move is perceived as a strategy to rapidly seize the MicroLED market while intensifying competition with the Apple Watch.On Oct. 16, Samsung Electronics announced through their newsroom that they are in
The author is an analyst for NH Investment & Securities. He can be reached at yd.yoon@nhqv.com -- Ed.We expect Samsung Securities to emerge as a high dividend large-cap stock, foreseeing 2023 DY of 7.2%. Despite difficult industry conditions, stable earnings should continue over 2023~2024 on outstan
Korean battery material, parts, and equipment companies preparing to enter the North American market are turning their eyes to Canada instead of the United States. This is because Korean battery makers such as LG Energy Solution, Samsung SDI, and SK on have proactively announced large-scale investme
The three major South Korean shipbuilders – HD Korea Shipbuilding & Offshore Engineering (KSOE), Hanwha Ocean, and Samsung Heavy Industries – are likely to simultaneously achieve a quarterly profit in the third quarter of this year, marking the first time in 11 years.According to the shipbuilding an
With Samsung Electronics recently reported to have increased its cash reserves by over 40 trillion won (US$29.56 billion) in just one year, attention is once again turning toward large-scale mergers and acquisitions (M&As).According to the semi-annual report, Samsung Electronics’ cash and cash equiv
Samsung Electronics has decided to transition to a 200-layer NAND process at its NAND flash factory in Xi’an, China. The move to produce 236-layer products, which belong to the 8th generation of NAND, is seen as a strategic step to overcome a decline in performance due to sluggish global NAND demand
Korea Hydro & Nuclear Power (KHNP) inked a consortium agreement on Oct. 12 with Romania’s nuclear agency, SNN, based in Bucharest, along with Canada’s Candu Energy and Italy’s Ansaldo Nucleare, to collaboratively undertake the equipment improvement project for Romania’s Cernavoda Unit 1.The project,
Incheon Free Economic Zone (IFEZ) celebrates its 20th anniversary on Oct. 15, marking two decades of steering South Korea’s economic growth.Incheon Free Economic Zone (IFEZ), composed of Songdo, Cheongna, and Yeongjong International Cities, was designated as South Korea’s first free economic zone on
As the patent for the blockbuster pharmaceutical “Stelara,” which generated more than 23 trillion won (US$17.1 billion) in global sales last year, approaches expiration, domestic biosimilar developers are consistently announcing their clinical trial results. Biosimilars refer to replica drugs develo
Amid increasing optimism about the semiconductor industry’s outlook, foreign investors have shown divergent strategies in the South Korean stock market this month, especially concerning major semiconductor players like Samsung Electronics and SK hynix. While investing over 260 billion won (US$193.31
The Carbon Free Alliance (CF Alliance), proposed by President Yoon Suk-yeol during the UN General Assembly last month, has been officially launched in South Korea on Oct. 12. Major domestic corporations, including Samsung, Hyundai, SK, LG, POSCO, and Hanwha, have joined the CF Alliance.The Ministry