Samsung Display filed a complaint with the U.S. International Trade Commission (ITC) against China’s BOE, the world’s largest liquid crystal display (LCD) panel maker and Samsung Display’s largest display competitor. Samsung Display claims BOE stole its technology. This is separate from an ongoing p
In October, Korea’s exports turned positive for the first time in 13 months, and the nation’s trade balance has been positive for five consecutive months since June. It was the first time in 20 months since February 2022 that exports rebounded and the nation posted a trade surplus at the same time.A
The persistent manpower shortage in South Korea’s shipbuilding industry is gradually being addressed, leading to an acceleration in ship construction. Compared to last year, about 36% more ships are being built monthly. The increase is attributed to the government’s easing of domestic employment con
Samsung Electronics has announced plans to unveil a smartphone with integrated generative artificial intelligence (AI) technology next year.During its 3rd quarter earnings conference call on Oct. 31, Samsung stated, “We are working to introduce AI technology as a new experience in our devices,” and
Samsung Electronics announced in its third-quarter online earnings call on Oct. 31 that it will expand its supply of cutting-edge memory, including 10-nm 4th-generation (1a) and 5th-generation (1b) DRAM and 7th- and 8th-generation V-NAND flash memory, without making any downward adjustments.“Demand
Projections suggest that the shortage of High Bandwidth Memory (HBM), crucial for artificial intelligence (AI) semiconductors, could persist for the next three years.According to industry reports on Oct. 30, market research firm TrendForce anticipates that HBM demand this year will increase by 58% c
China’s leading memory semiconductor company, Yangtze Memory Technologies Company (YMTC), has been reported as successfully developing and mass-producing 232-layer 3D NAND flash. According to South China Morning Post (SCMP) on Oct. 27, semiconductor analyst firm TechInsights revealed in a report on
The proposed merger between Japan’s Kioxia, a NAND flash memory producer, and the American company Western Digital (WD) has been called off. The merger practically required the approval of SK hynix, an indirect investor in Kioxia. However, due to the reluctance shown by SK hynix, the deal didn’t pro
The market for the next-generation HBM3E, a high-performance semiconductor for artificial intelligence within the High Bandwidth Memory (HBM) sector, is heating up. As Samsung Electronics, SK hynix, and Micron all gear up to mass-produce 5th generation HBM3E, the competition is expected to intensify
Chinese companies’ share in the European electric vehicle (EV) battery market is sharply rising. Concurrently, Korean battery companies, which have been strong players in the European market, have seen their share on the decline, losing ground to their Chinese competitors.According to market researc
Investor concerns are growing within the overseas real estate fund market as even prime overseas office buildings with low vacancy rates are showing investment losses. Particularly, as the maturity dates of real estate funds established from 2018 to 2021 are set to continue, warning signs are also o
The KOSPI index has fluctuated amid consecutive adverse developments, returning to its January levels. Compared to the annual high of 2,667.07 on Aug. 1, it has declined by 13.7 percent.On Oct. 26, the KOSPI index closed at 2,299.08, marking a 2.17 percent decline, while the KOSDAQ index concluded a
As Samsung marks the first anniversary of Chairman Lee Jae-yong’s inauguration, the company is ramping up efforts to bolster the prominence of its board. On Oct. 26, Samsung SDI and Samsung SDS held board meetings where they decided to introduce a “Senior Outside Director” system.The Senior Outside
Park Yong-in, who oversees Samsung Electronics’ system semiconductor design operations as President of the System LSI Division, expressed confidence in the success of the company’s latest mobile application processor, the Exynos 2400.On Oct. 26, following his keynote address at Semiconductor Expo 20
“All-solid-state batteries are different from conventional batteries in terms of materials and process methods, which poses many challenges for battery makers,” said Samsung SDI Vice President Michael Son in a conference call on the morning of Oct. 26. “In the fourth quarter, we will start supplying
With HD Hyundai Heavy Industries (HHI) having won a contract to build 17 carriers for the second phase of Qatar Energy’s liquefied natural gas (LNG) carrier project which is said to be worth up to US$12 trillion, much attention is being paid to how big orders Hanwha Ocean and Samsung Heavy Industrie
HD Hyundai announced on Oct. 26 that HD Korea Shipbuilding & Offshore Engineering (KSOE), a shipbuilding intermediate holding company, has signed a contract with Qatar Energy for the construction of 17 144,000-cubic-meter LNG carriers.Each of the LNG carriers ordered will be 299 meters long, 46.4 me
SK hynix said it does not agree with the merger of Japan’s Kioxia and U.S.-based Western Digital.SK hynix made the announcement during its third quarter earnings call on the morning of Oct. 26.SK hynix reportedly acquired a 15 percent stake in Kioxia Holdings in 2018 through BCPE Pangea Intermediate
The author is an analyst for NH Investment & Securities. He can be reached at pk.park@nhqv.com -- Ed.Samsung Biologics’ separate 3Q23 OP surprised at W381.6bn, thanks to the ramp-up of plant #4 and improved efficiency and approval timing for batch orders. Now that the firm has reached a reason valua
A survey found that LG Electronics was the most popular company among Korean consumers in home appliances such as refrigerators and washing machines. In the TV category, one of the three major home appliances, Samsung Electronics snagged the top spot.CEO Score, a company data research center, said o