Vietnam, to which President Yoon Suk-yeol will pay a three-day state visit beginning June 22, has become a center of research and development (R&D) for Samsung and LG for the future, becoming more than a global production outpost for them.Samsung posted sales of US$73.7 billion (about 95.3678 trilli
The author is an analyst for NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com -- Ed.We raise our earnings forecasts and TP for Segyung Hitech to reflect the expansion of the foldable smartphone market, improved glass stick yields, and cost reduction at the firm. Over the mid/long
The author is an analyst for NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com -- Ed.In 2023, we expect global smartphone shipments to contract 2.2% y-y to W1.2bn units, affected by global macro impacts and a reduction in smartphone replacement demand. But, unlike in 1H23, smartpho
Samsung Display has rolled out the Rollable Flex and Sensor OLED Display, innovative technologies that could reshape the Organic Light Emitting Diodes (OLED) industry paradigm.Samsung Display announced its participation in Display Week 2023 held in Los Angeles, California, from May 23 to 25 (local t
Samsung Electronics is expected to hold its new smartphone model unpacking event in Korea. The company is speeding up the diversification of its Asian strategy amid a U.S.-China trade conflict and sluggish demand for information technology (IT) products in China, which has led to a companywide decli
The author is an analyst for Shinhan Securities. He can be reached at chank@shinhan.com -- Ed.1Q23 sales miss market consensus at KRW28.5bn (-32% YoY)Duk San Neolux reported sales of KRW28.5bn (-31.7% YoY) and operating profit of KRW0.1bn (-99.3% YoY) for 1Q23, falling short of market consensus. We
A hinge problem involving Samsung Electronics’ premium foldable Galaxy Z phone series has resurfaced. Due to the nature of a foldable phone, it should fully unfold to 180 degrees, but sometimes it does not. If this problem continues to take place, a phenomenon occurs where black lines appear in the
As Samsung Electronics has considered changing the default search engine for Galaxy smartphones from Google to Microsoft (MS), a crack has appeared in a 12-year-long relationship between Samsung Electronics and Google. Under these circumstances, as the launch of Google’s first foldable smartphone is
Competition is heating up in the foldable smartphone market, which has emerged as a future growth driver in the smartphone industry. Samsung Electronics, the worldwide leader in the foldable phone market, is facing a challenge from Google of the United States following Chinese companies.Foreign medi
The Exynos is an in-house AP of Samsung Electronics, but it was not used in the Galaxy S23 series launched this year. This is because the Galaxy S22 series for 2022 was embroiled in the game optimization service (GOS) controversy last year. The GOS lowers the performance of Galaxy devices when playi
The Ministry of Science and ICT announced on April 6 that the private and public sectors would invest at least 160 trillion won (US$121 billion) until 2027 in battery, semiconductor and display R&D.According to the government, the investment is divided into 156 trillion won (US$118 billion) from the
A race to dominate the global panel market for organic light-emitting diode (OLED) panels is rapidly reshaping into a three-runner race with Korea in the front, China in the middle and Japan in the back. The three are spaced far apart.Korea is enjoying the dominance of the OLED panel market but has
Apple took the top spot in the global market of premium smartphones costing US$600 or more per unit in the wholesale market last year.Apple enjoyed a 75 percent share of the global premium smartphone market as of last year, said market research firm Counterpoint Research on March 22. During this per
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com -- Ed.Earnings at LGI are likely to remain sluggish in 1H23, with replacement demand having slowed ahead of a wealth of product developments set to be rolled out by clients in 2H23. However, as a signific
Samsung Electronics is investing aggressively in India. The Korean tech giant has decided to produce its next-generation foldable smartphones in India to make it a key smartphone production base.Samsung Electronics has produced mid- and low-priced smartphones in India. As India emerges as the center
South Korean display manufacturers need to accelerate their development of more advanced OLED displays, with Chinese companies rapidly following them in the OLED display market, an industry analyst said in Seoul on Feb. 21.Kang Min-su, an analyst of Omdia, a technology research company, presented a
Samsung Electronics kept its top spot in the global smartphone market in 2022 by accounting for 22 percent of worldwide shipments. Apple recorded its largest quarterly market share of 25 percent in the fourth quarter of 2022, but could not overturn the final rankings. The Korean smartphone giant mai
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. CES 2023 highlighted the popularization of XR, mobility technology, and AI, and decreased interest in existing IT devices such as home appliances, PCs, and smartphones. The showcase company was So
The author is an analyst of Shinhan Securities Co. He can be reached at hyungwou@shinhan.com. -- Ed. 4Q22 preview: Earnings shock, changes in 2023 will be keyKH Vatec is expected to have recorded operating profit of KRW3.8bn (-66% YoY, -81% QoQ) on sales of KRW62.3bn (-46% YoY, -65% QoQ) in 4Q22. Th
LG Display announced on Jan. 3 that it will showcase innovative technologies, including organic light-emitting diodes (OLED) displays that can be folded 360 degrees inside and outside, at CES 2023, which opens in Las Vegas on Jan. 5.In particular, the Korean display giant will unveil many small and