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
The author is an analyst of KB Securities. He can be reached at moonjoon.chang@kbfg.com. -- Ed. Maintain BUY but lower target price to KRW62,500 We maintain BUY but lower our TP by 5.3% to KRW62,500 for Hyundai E&C to reflect changes to risk-free rate (0.75%→1.29%) and 12m fwd BVPS (KRW65,205→KRW69,
A manpower shortage is accelerating in the global semiconductor industry. Intel CEO Pat Gelsinger recently asked the U.S. government to address the issue, saying that his company would invest US$100 million in Ohio to run engineer training programs.The shortage in the United States is because local
Samsung Electronics’ NAND flash plant in Xian, China, has recently completed the expansion of its second plant and started its full-scale production.The plant completed the second-phase expansion last month, following the first phase at the end of 2021.The second plant has been operating at full cap
The Materials Research Institute announced that its research team led by Dr. Lee Jung-koo and Dr. Kim Tae-hoon developed a rare-earth element-reduced permanent magnet material technology with which the use of neodymium can be reduced by 30 percent or so in industrial magnets.Neodymium is expensive a
An increasing number of tech firms are focusing on metaverse. For example, Samsung Electronics said on March 16 that it is working on metaverse devices and solutions. According to market research firm IDC, the global VR and AR device market grew 92.1 percent in 2021 and its average annual growth unt
Germany's Merck is set to start production of chemical mechanical polishing (CMP) slurry in Korea.The company is conducting a quality test on CMP slurry with its Korean customers. The company is expected to begin delivery in the first half of 2022.CMP slurry is a material that is used to polish
Samsung Electro-Mechanics (SEM) is determined to foster the flip chip-ball grid array (FC-BGA) substrate business as a future growth driver. The company's president Jang Duck-hyun, who took office in December 2021, said at the 49th general shareholders’ meeting on March 16 that the packaging tec
SK Siltron, a semiconductor wafer manufacturer affiliated with SK Group, will make a large-scale investment for facility expansion.The company announced on March 16 that it has decided to invest 1.05 trillion won over the next three years to expand its facilities for 300 mm wafers, which are located
The author is an analyst of Shinhan Investment Corp. She can be reached at inhae.ji@shinhan.com. -- Ed. Strong demand remains intactThere has been a major change in casino operating hours, one of the key variables of sales. Kangwon Land’s operating hours, which were cut short from 20 to 12 hours fro
Bloomberg NEF reported on March 13 that global enterprises’ power purchase agreement-based renewable energy purchase increased from 25.1 GW to 31.1 GW last year.The agreement for a direct transaction is made between an enterprise and a power generator using renewable energy. It is regarded as one of
The Korea Institute of Machinery and Materials (KIMM), an institute under the jurisdiction of the Ministry of Science and ICT, has successfully developed a new stretchable meta-display technology that can be stretched up to 25 percent without image distortion, for the first time in the world.A resea
Samsung Electronics' negotiations on OLED panels with LG Display are stuttering as the two companies are failing to narrow their differences on prices.The two companies are having a tug-of-war on prices. Samsung Electronics wants to purchase OLED panels from LG Display at prices which are lower