LG Display is preparing to enter the extended reality (XR) market, a company official said on April 27. “We are closely monitoring the XT market and are preparing to enter it quickly if profitability and market size meet our standards,” the official said in a conference call for a first-quarter earn
LG CNS has entered the emerging 5G private network business. It will build and operate a private 5G network at LG Innotek's plant in Gumi.The Ministry of Science and ICT announced on March 31 that it has completed frequency assignment for LG CNS and registered it as a basic communication busines
Doosan Group has decided to acquire Tesna, a Korean semiconductor test and inspection company.The group announced on March 9 that it has signed a stock purchase agreement with AI Tree, the largest shareholder of Tesna, to acquire its entire shareholding in Tesna for 460 billion won.Previously, Doosa
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 Electronics's U.S. subsidiary Harman announced on Feb. 11 that it has acquired Apostera, a German augmented reality (AR) head-up display (HUD) software company.Founded in 2017, Apostera is a company that provides augmented reality and mixed reality software solutions.Apostera supplied HU
LG Display is expanding cooperation with its customers at home and abroad to create a transparent OLED ecosystem.The company supported the development of transparent OLED solutions in the mobility sector by cooperating with construction and heavy equipment companies and self-operation and navigation
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
LG Electronics has developed an innovative in-vehicle camera system that can recognize the driver and other passengers and detect their gestures and finger movements. The company believes that its patented technology can be linked to autonomous driving, augmented reality (AR) and virtual reality (VR
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. SEMCO’s earnings should recover gradually from 1Q22 on likely improved downstream industry demand. Over the mid/long term, we expect mass production of waveguide modules, a key component in displa
Samsung Electronics vice chairman Lee Jae-yong met with Google CEO Sundar Pichai on Nov. 22 (U.S. local time) and discussed cooperation in new technologies, including system semiconductors, virtual reality, augmented reality and autonomous driving.Google is planning to use an application processor (
Samsung Electronics vice chairman Lee Jae-yong, who is on a business trip to the United States, met with senior White House officials and U.S. Congressmen to discuss semiconductor supply chain issues.In addition, Lee met with executives of Microsoft (MS) and Amazon to discuss cooperation in such fie
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed. The Internet world is ever rapidly changing. New concepts such as the metaverse, virtual reality (VR), augmented reality (AR), blockchain, and non-fungible tokens (NFTs) have surfaced as major th
Daewoo Shipbuilding & Marine Engineering (DSME) announced on Nov. 4 that it has developed the industry's first integrated mixed reality-based vessel platform "DW-3000F Surface Vessel MR System," which combines the advantages of virtual reality (VR) and augmented reality (AR).The MR system allows
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. Set to be unveiled soon, XR device Oculus Quest Pro is to significantly accelerate the arrival of the 3D metaverse era. With innovative hardware specifications and price competitiveness, the Oculu
LG U+ announced on Oct. 20 that it has signed a contract with Malaysian mobile carrier Celcom Axiata Berhad to export 5G-based XR content.The two companies agreed to cooperate in virtual reality (VR) and augmented reality (AR) content, and LG U+ will provide 5G immersive media, including K-POP, to t
Samsung Electronics announced on Oct. 15 that it has pushed the limits of 5G technology by reaching upload speeds of 711 Mbps in a recent lab trial using aggregated bands of mmWave spectrum. The trial was jointly carried out with Verizon and Qualcomm at a lab located in Texas.The company said 700+ M
The authors are analysts of Shinhan Investment Corp. They can be reached at chank@shinhan.com and johnsoh@shinhan.com, respectively. -- Ed. 2Q21 earnings surprise with OP of KRW34.4bn (+64.3%YoY)LEENO Industrial posted sales of KRW78.9bn (+44.0% YoY) and operating profit of KRW34.4bn (+64.3% YoY) fo
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. Owing to a lack of dedicated content and design difficulties, AR devices are mainly used by enterprises and experts. However, with the launch of related products by Facebook, Apple, Microsoft, and
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. We raise our TP on LGI on upward adjustments to our earnings estimates. We expect an earnings surprise cycle to kick off in earnest from 2H21. Contrary to market fears, earnings should rise in 202
The author is an analyst of NH Investment & Securities. He can be reached at kyeongkeun.kang@nhqv.com. -- Ed. Maxst is an AR development platform company and provider of commercialized VPS technology, which helps to realize a reality-based metaverse in combination with AR and AI technologies. Having