India has previously been heavily dependent on Russian arms. But now the nation has emerged as a new export destination for the Korean defense industry.According to industry sources on July 4, Hanwha Aerospace plans to participate in the Indian Army’s Future Infantry Combat Vehicle (FICV) Project. T
Samsung Electronics’ 83-inch OLED TV model will hit the market soon, signaling the beginning of an OLED TV alliance between Samsung Electronics and LG Display.According to industry sources on July 3, Samsung Electronics added an 83-inch OLED 4K TV (KQ83SC90AEXKR) to its OLED TV lineup in the July/Au
Hyundai Motors is equipping its luxury brand Genesis with LG Display’s Organic Light Emitting Diodes (OLED) display. As Hyundai Motor Group partners with LG Group, evaluations suggest that the “Korean Future Car Alliance” is becoming more robust.According to the automobile industry on July 3, Genesi
Competition between Samsung, LG, and Sony is intensifying over the development of Micro Organic Light Emitting Diodes (OLEDs). The relevant market is forecast to grow rapidly as Apple adopts Micro OLED for the display of its Mixed Reality (MR) headset.According to the display industry on July 3, App
LX Semicon, a fabless company under LX Group, a conglomerate which was previously part of the LG group, is currently considering delegating the production of next-generation display driver ICs (DDIs) to the Samsung Electronics Foundry semiconductor contract manufacturing division. The collaboration
Samsung SDI plans to unveil a prototype of a “dream battery,” also known as an all-solid-state battery, in the second half of this year.Samsung SDI President Choi Yoon-ho, at the company's 53rd anniversary ceremony held at its Giheung headquarters in Gyeonggi Province on June 29, revealed, “The
LG Electronics has set a goal to become a global leader in the automotive electronics business by 2030, as it is entering a steady phase of profitability.According to the electronics industry and securities firms on June 29, this year’s performance of LG Electronics’ VS business division is projecte
At MWC Shanghai 2023, Huawei launched 5GigaGreen innovations for wireless communications to promote ultimate network performance and energy saving with global operators.Gan Bin, Vice President and Chief Marketing Officer of Huawei Wireless Network Product Line, stated that ultimate performance and e
The author is an analyst for NH Investment & Securities. He can be reached at minwoo.ju@nhqv.com -- Ed.Although near-term earnings growth at LGES is taking a quick pause due to inventory adjustments following sluggish sales at some customers, deferred demand is expected to emerge in 3Q23 in line wit
The author is an analyst for NH Investment & Securities. He can be reached at minjae.lee@nhqv.com -- Ed.The US and Eastern European countries are shaping up cooperation related to NPPs. They are planning both to expand large NPPs and install SMRs—it is expected that large NPPs will be contracted fir
With the enforcement of the European version of the Chips Act, and TSMC and Intel’s large-scale investment lineup continuing, the European Union (EU) has actively wooed domestic semiconductor companies that are hesitant about entering Europe. The focus is now on EU Internal Market Commissioner Thier
LG held a two-day venture networking event in Silicon Valley starting on June 26, which involved global startups and venture capitals, to secure future growth engines by expanding the startup innovation ecosystem.This event was the first hosted by LG Technology Ventures, LG’s corporate venture capit
Huawei has shown up in full force for MWC Shanghai 2023, with their activities all falling under their theme of "GUIDE to the Intelligent World". This year, the company's activities include an experiential tour that takes audiences to multiple cities to learn about their technology and business,
At the opening day of MWC Shanghai 2023 today, Sabrina Meng, Huawei's Rotating Chairwoman and CFO, gave a keynote outlining the value that 5G has generated throughout its first four years of commercial use.“5G is already well on its way to driving business success,” said Meng. “It's transfor
After 17 years at the top of the TV market, Samsung Electronics is now feeling a growing sense of crisis. This is because Chinese companies have been in hot pursuit of the Korean TV giant by waging a price war.Global TV shipments reached 46.63 million units in the second quarter of this year, up 7.5
The Korean government and companies will invest more than 3 trillion won in quantum science and technology by 2035. This is more than ten times the amount invested in the past five years (276.1 billion won). Experts say that Korea laid out a blueprint to become the world’s fourth-largest quantum pow
Major Korean business leaders, including the heads of the four major Korean conglomerates, are planning a group trip to Poland in July. They are expected to participate in an economic mission to commemorate the 35th anniversary of diplomatic ties between Korea and Poland and take the lead in expandi
The Chinese battery industry, which had been focused on attacking the European electric vehicle battery market led by Korea, is extending its reach to the energy storage system (ESS) market. They are partnering with their country’s strong solar power value chain to challenge the European household s
The author is an analyst for NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com -- Ed.China’s smartphone shipments showed significant y-y growth in May. By company, shipment recovery was robust at Chinese firms. However, considering that sales at China’s 618 shopping festival missed
The author is an analyst for NH Investment & Securities. She can be reached at jiyoony@nhqv.com -- Ed.LG H&H’s 2Q23 OP is set to slide 18% y-y. We advise trimming expectations for the firm’s 2Q23 earnings due to weak DFS sales at the cosmetics division and the slow pace of business improvement in ma