The author is an analyst of NH Investment & Securities. He can be reached at ys.jung@nhqv.com -- Ed. Although cost burden has risen amid soaring oil prices, we narrow the discount rate applied for T’way Air from 20% to 10% in light of its successful securing of liquidity via rights offering. Seeing
The Ulsan National Institute of Science and Technology (UNIST) announced on April 25 that its research team led by energy and chemical engineering professor Kwon Young-kook has developed a copper-aluminum alloy catalyst producing ethylene from carbon dioxide instead of petroleum.According to the tea
The Federation of Korean Industries said in its report on April 25 that South Korean semiconductor companies’ share in the Chinese market, the largest semiconductor market in the world, has fallen since 2019, when the United States began to restrict semiconductor supply to China.“China began to incr
The IMF recently said that Taiwan’s GDP per capita is expected to increase at least 6 percent to over US$36,000 this year and that of South Korea is estimated to edge up US$190 to US$34,990. South Korea surpassed Taiwan for the first time in 2003 and then the gap continued to widen. However, it has
The author is an analyst of NH Investment & Securities. He can be reached at hwdoh@nhqv.com. -- Ed. Compared to that of competitors, Samsung Electronics’ memory semicon process conversion is proving slow and its foundry yield rate sluggish. In addition to benefiting the memory semiconductor industry
The Korea display industry has recommended that the Korean government designate next-generation display technologies such as organic light emitting diode (OLED) and quantum dot (QD)-OLED technologies as national strategic technologies. The display industry wants to make leading-edge display technolo
The domestic virtual asset market is expected to reach 1,000 trillion won within five years, and yet South Korean blockchain and cryptocurrency companies are facing too many business constraints. For example, initial coin offering is illegal in South Korea, where companies in the blockchain industry
Market research firm Gartner said on April 17 that the global semiconductor market sales increased 26.3 percent to US$594.952 billion in 2021, when the global market share of the top 10 companies in the industry was 54.6 percent.According to it, Samsung Electronics topped the market with a share of
The author is an analyst of NH Investment & Securities. She can be reached at hzl.lee@nhqv.com. -- Ed. We lower our TP on Innocean by 6% to W75,000 on adjustments to our earnings estimates to reflect the impact of increased business expansion-related initial costs and SG&A expenses. Innocean’s 1Q22
The author is an analyst of KB Securities. She can be reached at shinay.park@kbfg.com. -- Ed. We maintain BUY, raise target price to KRW215,000 We maintain BUY on BGF Retail and raise our TP by 2% to KRW215,000 to reflect 2-3% upward revisions to 2022E-24E OP. The stock has recently gained steam on
The Daegu Gyeongbuk Institute of Science and Technology (DGIST) announced on April 14 that its research team led by professor Yoo Sung-woon figured out why microglial cells are over-activated in relation to Alzheimer’s disease and discovered an anti-dementia drug candidate with which memory can be r
Samsung Electronics has reportedly set the goal of successfully completing the development of a 1c DRAM (a 6th-generation, 11-nm chip) by June 2022.The company has recently notified its semiconductor researchers of its decision to skip/drop the development of 1b DRAM (12-nm chip).Samsung's decis
Major South Korean shipbuilders increased their R&D investments last year despite huge operating losses. Most of the investments went to new fuel development for carbon reduction, smart ship development and smart shipyard construction.Korea Shipbuilding & Offshore Engineering, which is the intermedi
Samsung Electronics has recently been increasing the use of core smartphone parts from Chinese and Taiwanese companies. “Samsung Electronics will procure 3.5 million and 3 million OLED panels for Galaxy smartphones from BOE and CSOT, respectively, in 2022,” Yasuo Nakane, a researcher at Mizuho Secur
Samsung Electronics ranked first in terms of semiconductor wafer production capacity and market share, followed by TSMC, Micron Technology, SK Hynix, and Kioxia. The top five players held a combined market share of 57 percent.The world’s top five semiconductor companies logged a combined production
Samsung Electro-Mechanics has developed high-temperature multi-layer ceramic capacitors (MLCCs) that can be applied to automotive powertrains in a move to target the automotive market.An MLCC is a core component in electronic devices that controls the stable current flow within electronic circuits.
Lee Jong-ho, head of the Inter-University Semiconductor Research Center of Seoul National University, has been nominated as the new minister of science and ICT.“The president-elect’s campaign pledges include a new private-public council on science and technology and, in the council, the role of the
Nikkei Asia reported on April 10 that semiconductor equipment manufacturers such as ASML, Applied Materials, KLA, and Lam Research have recently notified their customers that they may have to wait for up to 18 months for some crucial semiconductor production equipment.Delivery times have increased s
The author is an analyst of NH Investment & Securities. She can be reached at hzl.lee@nhqv.com. -- Ed.For J Contentree, a 1Q22 operating loss looks inevitable, given both PPA amortization and sluggish cinema earnings. In the near term, however, we draw attention to earnings recovery stemming from a
Hyundai Engineering has acquired three N-type certificates of authorization from the American Society of Mechanical Engineers (ASME), which are required for bidding in overseas nuclear power projects, the company announced on April 6.The N-type certificates are NA (field installation and shop assemb