Samsung Electronics and Naver have unveiled their jointly developed artificial intelligence (AI) semiconductor, which has been in development over the past year. Known for its power efficiency being approximately eight times greater than chips from competitors like Nvidia, this product is expected t
Paris Baguette, the bakery brand of SPC, has continued its global marketing efforts by launching an advertisement in the heart of New York City’s Times Square ahead of Christmas. This move comes after Paris Baguette had previously operated a Korean-language advertisement at the stadium of the French
In the Chinese display industry, leading companies BOE and TCL CSOT are ramping up their investments in Organic Light Emitting Diode (OLED) panels, a domain traditionally dominated by Korean firms, especially in the sectors of laptops and tablets. The move has raised alarms in the industry.On Dec. 1
The author is an analyst for Shinhan Securities. She can be reached at kimaram@shinhan.com -- Ed.Gaining a solid fan base among NAVER Webtoon subscribersYLAB, listed on the KOSDAQ in July this year, is a webtoon studio that has published popular titles like Island, Reawakened Man, Terror Man, Get Sc
Huawei’s launch of a 5G smartphone equipped with a 7-nanometer chip in August sparked immediate calls in the United States for stronger sanctions against China, highlighting the global significance of the U.S.-China tech competition.However, upon closer examination, this U.S.-China tech rivalry also
LS Cable & System has announced the launch of its 5G-class Power over Ethernet (PoE) cable on Dec. 4. This product supports the world’s fastest communication speed.LS Cable & System is optimistic that their new product, Simplewide 2.0, will be a viable replacement for the expensive optical cables pr
CJ ENM’s over-the-top (OTT) media platform Tving and SK Square’s Wavve are set to merge. Discussions of the merger between the two companies began in 2020 but had not progressed due to differing views on the specifics. However, discussions have recently accelerated.The merger of Tving and Wavve is a
Samsung Electronics has been ranked among the top five global brands for the fourth consecutive year.The Korean tech giant took fifth place in the world with a brand value of US$91.4 billion. This is a 4 percent jump from 2022, according to the Global 100 Brands released by Interbrand, a global bran
Despite a global economic slowdown, Samsung Electronics and LG Electronics have maintained their lead in the global TV market. Both companies especially showed strong competitiveness in the high-end premium TV segment.According to the market research firm Omdia on Nov. 21, Samsung Electronics record
The value of the Japanese yen is nearing its lowest point in 33 years, emerging as a hidden challenge for South Korea’s industrial sector. Key industries such as steel, automotive, and electronic components, which directly compete with Japanese counterparts, are facing weakened price competitiveness
South Korean conglomerates, including Samsung and LG, are set to unveil new home appliances, mobile technologies, and mobility (automotive) solutions at CES 2024, the world’s largest electronics trade show held in the United States, embarking on extensive promotional activities.According to industry
Samsung Electronics is severing ties with BOE, China’s largest display company, and is reorganizing its supply chain. This move comes amid ongoing disputes related to technology infringement and rising uncertainties about China due to U.S.-China tensions. Analysts believe that the company aims to re
On the 13th, Animal Industry Data Korea (AIDKOREA) announced its participation as a validating institution in the 'Economic Impact Study of Antibiotic Resistance' project conducted by the World Organization for Animal Health (WOAH), aiming to represent data on antibiotic resistance issues that affec
The author is an analyst for NH Investment & Securities. He can be reached at pk.park@nhqv.com -- Ed.Sales at Dentium slowed in 3Q23 amid economic downturn in China and logistics issues in Russia. Although revenue growth should rebound in major regions in 4Q23 (a peak season), ultimately, the result
FILA announced on Nov. 9 the launch of its 2023 winter season Milano Down Collection with global brand ambassador and actress Han So-hee, who features in the collection’s global campaign video released on the same day.The Milano Down Collection of jackets and outerwear by FILA has been incredibly su
The author is an analyst for NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com -- Ed.Although OLED TV demand remains weak, the expansion of OLED shipments for the smartphones of a North American customer is positive. We see strong chances for LGD to turn to profit in 4Q23. LGD’s ea
A survey found that LG Electronics was the most popular company among Korean consumers in home appliances such as refrigerators and washing machines. In the TV category, one of the three major home appliances, Samsung Electronics snagged the top spot.CEO Score, a company data research center, said o
In the third quarter, LG Display reported an operating loss of 662.1 billion won (US$489 million), marking the sixth consecutive quarter of losses. However, it is showing an improvement in its performance by reducing its deficit compared to the first quarter of this year, where it had an operating l
Samsung Electronics and LG Electronics are set to reduce their LCD TV panel procurement ratio from Chinese companies starting next year. This move is interpreted as a strategy to stabilize supply chain management by decreasing reliance on the unstable Chinese panel market and to counteract Chinese e
Samsung Electronics is considering the adoption of MicroLED technology for its Galaxy Watch. This move is perceived as a strategy to rapidly seize the MicroLED market while intensifying competition with the Apple Watch.On Oct. 16, Samsung Electronics announced through their newsroom that they are in