Global business partnerships are increasing in the metaverse industry as the technology requires a wide variety of elements, ranging from 3D rendering, virtual reality and augmented reality to content, blockchain, artificial intelligence and 5G communications.At CES 2022, Qualcomm and Microsoft anno
The author is an analyst of NH Investment & Securities. He can be reached at hwdoh@nhqv.com. -- Ed. High growth forecasts are in place for the laser annealing, AP lithography, EUV mask blank, and MOCVD equipment markets for 2022.Laser annealing and MOCVD equipment markets boast strong growth potenti
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. Apple’s new XR device is expected to launch as an ultra-high-performance IT device that combines the computing power of a high-performance PC, high-definition displays, and various sensing modules
The authors are analysts of NH Investment & Securities. They can be reached at jiyong.im@nhqv.com.-- Ed. CES 2022 is meaningful in that while several companies were absent due to the spread of Covid-19, diverse platforms for metaverse were released. Global companies such as Sony unveiled various XR
Hyundai Motor Co. has begun to develop next-generation power semiconductors for vehicles, providing a big boost to the domestic semiconductor ecosystem.Hyundai Motor will develop semiconductors using new materials such as silicon carbide (SiC), gallium nitride (GaN), and gallium oxide (Ga203) along
Hyundai Engineering announced on Jan. 11 that it has secured exclusive engineering, procurement and construction (EPC) rights for micro modular reactor (MMR) projects of Ultra Safe Nuclear Corp. (USNC), a Canadian company specializing in small modular nuclear power plants. The amount of equity inves
Samsung Electronics is expected to announce large-scale merger and acquisition (M&A) deals soon. German chipmaker Infineon Technologies and Dutch semiconductor company NXP Semiconductor have emerged as Samsung's M&A targets as it aims to foster its non-memory business.“I think we will be able to
A research team led by Jo Hyun-su at the Korea Research Institute of Bioscience and Biotechnology discovered that a substance from intestinal microorganisms kills colon cancer cells. According to the team, the discovery is expected to make a great contribution to microbiome-based colon cancer cure d
The authors are analysts of Shinhan Investment Corp. They can be reached at doyeon@shinhan.com and hyon@shinhan.com, respectively. – Ed. 4Q21 OP guidance announced at KRW13.8tr (-12.8% QoQ)Samsung Electronics announced its guidance for 4Q21 operating profit at KRW13.8tr (-12.8% QoQ) on sales of KRW7
The author is an analyst of NH Investment & Securities. He can be reached at ys.jung@nhqv.com -- Ed. Although passenger demand continued to grow in December on low-base effect, there are emerging concerns over a contraction in demand due to an extended quarantine period and stricter disease preventi
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed. Maintain BUY, target price of KRW100,000 We maintain BUY and TP of KRW100,000 on Samsung Electronics (SEC). We see chip demand topping supply in 2022 because of rebounding purchases by the four North American d
Synergy IP filed a damage suit against Samsung Electronics and Samsung Electronics America in Texas in November last year. According to the non-practicing entity, the two companies infringed upon 10 patents. The NPE was established in June 2020 by Ahn Seung-ho, who was a Samsung Electronics vice pre
The author is an analyst of NH Investment & Securities. He can be reached at hwdoh@nhqv.com. -- Ed. A lockdown in Xi’an (China) due to Covid-19 should prove favorable for NAND supply-demand conditions from 2Q22. EUV parts manufacturing at ASML’s Berlin plant has been interrupted by a fire. This deve
The author is an analyst of KB Securities. She can be reached at leesunhwa@kbfg.com. -- Ed. Lower TP by 9.1% from KRW110,000 to KRW100,000; Maintain BUY We maintain BUY on KT&G, but lower our TP by 9.1% from KRW110,000 to KRW100,000. The completion of pre-sales for the first Suwon Hwaseo Park Prugio
The author is an analyst of KB Securities. He can be reached at yc.baek@kbfg.com. -- Ed. Cut target price to KRW327,000 We maintain BUY on Lotte Chemical but cut our TP by 13.9% to KRW327,000 to reflect downward revisions to 2022E/2023E NP (attributable to controlling interests) by 9.2%/4.3% given d
The author is an analyst of KB Securities. She can be reached at leesunhwa@kbfg.com. -- Ed. Maintain BUY; Lower target price by 11.3% from KRW620,000 to KRW550,000 We maintain BUY but lower our TP by 11.3% from KRW620,000 to KRW550,000 for CJ CheilJedang (CJCJ). We revise down 2021E-23E OP CAGR from
The author is an analyst of KB Securities. She can be reached at leesunhwa@kbfg.com. -- Ed. Maintain BUY; Cut target price by 6.7% from KRW45,000 to KRW42,000 We maintain BUY on HiteJinro but cut our TP by 6.7% from KRW45,000 to KRW42,000. We revise down 2021E-2023E OP CAGR from 14.6% to 12.4% to re
Hyundai Motor Co. revealed its Plug & Drive (PnD) modular platform that enables mobility of traditionally inanimate things, from small objects to large community spaces, at CES 2022 on Jan. 4. At the event, the leaders of Hyundai Motor and Boston Dynamics presented a shared vision for robotics in bo
CJ CheilJedang launched CJ Bioscience, a subsidiary specializing in pharmaceuticals and healthcare, on Jan. 5. The new company is a combination of CJ CheilJedang's red bio unit and Chunlab, a microbiome company acquired by CJ CheilJedang in October 2021.At the launching ceremony, CJ Bioscience p
Samsung Electronics is considering investing in AR glasses developers to take the lead in the fast-growing metaverse industry.According to industry sources, potential investees are capable of increasing the angle of view with their optical modules and have advanced waveguide-related techniques and t