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
The authors are analysts of Shinhan Investment Corp. They can be reached at jhwon@shinhan.com and shawn1225@shinhan.com, respectively. -- Ed. 4Q21 review: Sales at a new quarterly high despite drop in US salesDio posted consolidated sales of KRW39.3bn (+11.5% YoY) and operating profit of KRW3.4bn (-
The author is an analyst of NH Investment & Securities. He can be reached at sw.kang@nhqv.com. -- Ed. The depletion of US households’ savings buffer is driving a large-scale increase in labor supply. At the same time, the pace of wage growth has slowed, with real wage growth likely having declined f
The back end semiconductor manufacturing market is drawing attention due to a surge in chip demand in the global IT market. Companies specializing in back-end processes are expected to continue aggressive investment and technological innovation in 2022. Large domestic business groups such as Samsung
Samsung Electronics has stopped shipping its products to Russia following the country's invasion of Ukraine, the company told Bloomberg on March 5.The Korean tech giant joined a growing list of global companies, including Apple Inc. and Microsoft Corp., which are halting sales and services in Ru
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. In January, global smartphone sales decreased y-y for a seventh consecutive month. We mainly attribute the decline to demand slowdown stemming from the spread of Omicron. While set makers in Great
The Ministry of Trade, Industry and Energy announced on March 1 that South Korea’s exports and imports increased 20.6 percent and 25.1 percent year on year to US$53.91 billion and US$53.07 billion last month, respectively. That month, South Korea was in the black unlike in December and January.Last
Samsung Electronics, Apple, Meta and Microsoft are competing for a share of the burgeoning metaverse device market, which is expected to grow 80 percent annually.Samsung Electronics will introduce an augmented reality (AR) device that will be loaded with hologram technology. The company has been pre
Samsung Electro-Mechanics is currently supplying flip chip ball grid arrays (FC-BGAs) for the M1 chip of Apple along with substrates for its M1 Pro and M1 Max. An FC-BGA is a type of printed circuit board used for packaging high-performance computing chips.The global FC-BGA market is growing rapidly
LG Innotek announced on Feb. 22 that it would invest 413 billion won to build a production line for flip chip (FC)-ball grid array (BGA) semiconductor substrates. This investment is LG Innotek’s first investment in FC-BGA products.An FC-BGA semiconductor substrate connects semiconductor chips such a
The author is an analyst of NH Investment & Securities. She can be reached at hzl.lee@nhqv.com. -- Ed. Expectations for earnings to normalize upon recovery of casino accessibility amid discussions on endemic transition are rising. Variables related to Macau’s tightening of junket regulations still e
Global manufacturers supplying products from China are continuing to be affected as COVID-19-related shutdowns are continuing in a number of regions in China.The Bank of Korea said in its report on Feb. 20 that the Chinese government is still sticking to its zero-infection policy and this is leading
The authors are analysts of Shinhan Investment Corp. They can be reached at jhwon@shinhan.com and shawn1225@shinhan.com, respectively. -- Ed. Strong 4Q21 results driven by brisk demand for COVID-19 test kitsSeegene posted consolidated sales of KRW410bn (-7.2% YoY) and operating profit of KRW199.9bn
The author is an analyst of NH Investment & Securities. He can be reached at hwdoh@nhqv.com. -- Ed. Semicon supply/demand may be impacted by interruptions in the production of gases such as neon and argon due to the Ukraine-Russia conflict. Ukraine accounts for 70% of global neon gas production.Neon
SK Hynix was the only DRAM maker that posted a sales increase in the fourth quarter of 2021 amid a decline in global DRAM semiconductor sales.Global DRAM sales in the fourth quarter of 2021 stood at US$25.3 billion (about 30 trillion won), down 6 percent from the previous quarter, said market resear
The authors are analysts of Shinhan Investment Corp. They can be reached at doyeon@shinhan.com and hyon@shinhan.com, respectively. – Ed. 4Q21 OP reported at KRW138.2bn (+16.1% QoQ)DB HiTek delivered another record-high in quarterly earnings. Operating profit far exceeded the consensus estimate of KR
Yonsei University professor Park Byung-ho and his research team developed a technique for improving the performance of a catalyst producing hydrogen from water. The catalyst developed by the team is made of tin and aerogel that has micro holes.“In terms of surface area, 99 percent and 1 percent of a