Samsung Electronics has recently hired a semiconductor expert from Apple.The company established the Packaging Solution Center in the Device Solution America (DSA) in July and appointed Kim Woo-pyeong from Apple as its director. After studying at the Korea Advanced Institute of Science and Technolog
Microsoft has been found to be the company with the largest number of patents related to the metaverse. It was followed by Samsung Electronics.Microsoft and Samsung own 158 and 122 patents on the metaverse, respectively, according to IALE Technology, a Spanish consulting firm. The metaverse refers t
Samsung SDI broke ground for a second battery production facility in Seremban, Malaysia on July 21. The company will invest a total of 1.7 trillion won phase-by-phase until 2025 to build the plant, which will start mass-production of PRiMX 21700 cylindrical batteries (21 mm X 70 mm) in 2024.Samsung
SK Bioscience will produce undiluted solutions of the Novavax vaccine for COVID-19 Omicron variants. It also signed a contract to supply it as a fill-finished product.The two sides revised last year’s contract for production of COVID-19 vaccines in line with a recently spreading variant.SK Bioscienc
The Korea Securities Depository announced on July 18 that foreign currency securities in custody and foreign currency securities settlement totaled US$83.53 billion and US$207.96 billion in the first half of this year, respectively. The respective figures fell 17 percent and 9.4 percent compared to
The Financial Supervisory Service is inspecting Woori Bank as one of the bank's branches in Seoul is involved in foreign exchange transactions suspected of money laundering.According to reports, a total of 800 billion won was remitted overseas through about 400 transactions at the bank's Eun
The Korean Ministry of Food and Drug Safety (KMFDS) has authorized South Korea's first homegrown COVID-19 vaccine from SK bioscience.South Korea has become one of the few countries in the world to have both a domestically developed COVID-19 vaccine and a treatment.SKYCovione is a self-assembled
The author is an analyst of NH Investment & Securities. She can be reached at jiyoony@nhqv.com. -- Ed. In line with recovering demand for color makeup, orders for C&C International’s lip makeup products have been expanding. The firm is expected to book relatively sound earnings in 2Q22 thanks to: 1)
Samsung Electronics and SK Hynix demonstrated their processing-in-memory (PIM) chips at Artificial Intelligence Circuits and Systems 2022, which took place in Incheon on June 14.Samsung Electronics’ PIM chip, HBM-PIM, was developed in February last year based on a high-bandwidth memory. The chip, eq
Samsung Electronics is set to begin mass production of 3-nm semiconductors for the first time in the world. The company is expected to officially start mass-production of 3-nm chips based on the gate all round (GAA) transistor structure next week.GAA is a new technology that improves performance whi
The demonstration and dummy satellites on Korea Space Launch Vehicle-II (KSLV-II) were successfully put into orbit at the second attempt on June 21. South Korea has become the seventh country in the world that is capable of launching an application satellite with a weight of at least 1 ton on a spac
The Financial Supervisory Service (FSS) is investigating Meritz Asset Management CEO John Lee over the allegation that he invested in a fund using a borrowed-name account.The FSS inspected Meritz Asset Management from May 23 to June 7 to detect violations of the investment-related regulations.The fi
Pernod Ricard Korea, the Korean unit of the global wine and spirits company Pernod Ricard, announced on June 16 that it had celebrated the group’s Responsib’ALL Day in Seoul and other major cities by taking part in environmental protection activities such as tree planting and river purification.Resp
Samsung Electronics vice chairman Lee Jae-yong, who is visiting Europe, met with Luc Van den hove, CEO of Interuniversity Microelectronics Center (imec), Europe’s largest integrated semiconductor research institute in Leuven, Belgium, on June 15 (local time), the company announced on June 16.The two
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. Recently, SEMCO’s share price has been declining, affected by both tepid smartphone shipments at Chinese makers and fears over substrate business conditions. But, given both a likely recovery in s
Samsung Electronics ranked 22nd among companies listed on stock markets around the world in terms of market capitalization. The company's ranking fell by seven notches from a year ago as its stock price failed to rebound.Global accounting company PricewaterhouseCoopers (PwC) recently released th
KAIST announced on June 7 that its research team led by electrical and electronic engineering professor Choi Shin-hyun developed an advanced memristor array capable of human neuron cell replication.A memristor is characterized by being capable of simultaneous information storage and operation based
Samsung Electronics Vice Chairman Lee Jae-yong is visiting Europe, including the Netherlands, from June 7 to 18. Lee will visit ASML in Veldhoven, the Netherlands, the only producer of extreme ultraviolet (EUV) exposure equipment for advanced semiconductor microfabrication processes. He visited ASML
Hyundai Engineering announced on June 6 that it has signed a contract with U.S. energy company USNC to provide a detailed design of a micro modular reactor (MMR) to be built at Chalk River Laboratories, a Canadian nuclear research facility in Deep River, about 180 km north-west of Ottawa.The contrac
The author is an analyst of NH Investment & Securities. He can be reached at hwdoh@nhqv.com. -- Ed. Paradoxically, the unstable macro situation, including the recent rise in interest rates and the war between Russia and Ukraine, should help memory semiconductor supply/demand. Memory makers are stren