Samsung Electronics reported on April 29 financial results for the first quarter ended March 31, 2021.Total consolidated revenue was 65.39 trillion won, a 6% increase from the previous quarter and a record for the first quarter. Operating profit increased 4% from the previous three-month period to 9
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed. Maintain BUY and target price of KRW105,000; 2021E Semiconductor OP to increase approx. KRW10tn YoY We maintain BUY and our 12m TP of KRW105,000 for SEC based on the following: (1) Starting in 2Q21, the compone
Samsung Electronics topped the global TV market for the 15th consecutive year, according to market research firm, Omdia.Newly released data published on Feb. 23 notes that Samsung Electronics recorded 31.8 percent in global TV market share by revenue in Q4 2020 and retained the largest annual catego
Samsung Electronics and LG Electronics will have a head-on clash at CES 2021 by unveiling next-generation eco-friendly TVs.Samsung Electronics has recently unwrapped the Neo QLED, a product aimed to preempt the mini-LED TV market, which is expected to take off this year. The company also announced t
Samsung Electronics took the wraps off its new products including "Neo QLED," a mini-LED TV, at the Samsung First Look 2021 event on Jan. 6.Samsung First Look is an event where Samsung Electronics unveils new display products ahead of CES, the world's largest electronic show, every year.A mini-L
The authors are analysts of Shinhan Investment Corp. They can be reached at johnsoh@shinhan.com and chank@shinhan.com, respectively. -- Ed. 4Q20 OP to exceed consensus at KRW30.6bnHansol Chemical is expected to report operating profit of KRW30.6bn (-40.4% QoQ, +77.2% YoY) on sales of KRW161bn (-2.2%
Samsung Electronics has topped China’s patent application list related to smart home, outclassing major Chinese IT companies such as Xiaomi.Samsung Electronics applied for 260 patents in the 2010-2019 period, followed by Xiaomi with 252 applications, Gree Electric with 248, Changhong with 194, and M
Samsung Electronics posted the highest ever TV market revenue share in the third quarter of 2020. LG Electronics also finished second with increased sales, beating Chinese companies.According to global market research company Omdia, a total of 62.87 million TV units, valued at US$28.15 billion, were
LG Electronics' OLED TVs have been selected as the "Best TVs of 2020" by Consumer Reports, a leading U.S. consumer media outlet.Two of the four Best TVs of 2020 announced by Consumer Reports were LG OLED TVs (the 65C9 and 65CX models).Consumer Reports gave the LG OLED TV models the highest score
Samsung Advanced Institute of Technology (SAIT), Samsung’s R&D hub dedicated to cutting-edge future technologies has secured industry-leading cadmium-free blue Quantum Dot light-emitting diodes (QLEDs) performance.Since blue is known to be the most difficult color to implement out of the three prima
Samsung Display has sold off its LCD production line in Suzhou, China to TCL Technology, a Chinese display company. The move is in line with the company’s plan to wrap up production of LCDs by end of 2020 and accelerate development of QD displays, a next-generation display.Samsung Display signed a c
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed. Maintain BUY and raise target price to KRW75,000 We maintain BUY on SEC and raise our TP by 4.2% to KRW75,000 (12m fwd BVPS x 1.82x target P/B) on lowered cost of equity (6.89%→6.46%) despite falling chip price
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed. LCD TV panel prices in second half of August up 7.8% HoHAccording to market research firm WitsView, LCD TV panel prices in the second half of August sustained a strong uptrend, with average TV panel prices risi
Samsung Electronics posted a global TV market share of 30 percent in the second quarter of this year, when runner-up LG Electronics stood at 15.3 percent. In that market, Samsung Electronics topped 30 percent for the first time in the second quarter of last year and its market share remained above 3
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed. Maintain BUY and target price of KRW72,000 We maintain BUY and our 12m TP of KRW72,000 (12m fwd BVPS x 1.75x target P/B) for SEC. 2H20 Semiconductor earnings should decline on: (1) North American datacenters’ i
Samsung Electronics has reported 52.97 trillion won in consolidated revenue and 8.15 trillion won in operating profit for the second quarter ended June 30, 2020.The electronics giant posts solid earnings in the second quarter even as the spread of COVID-19 caused closures and slowdowns at stores and
Samsung Display is expediting its preparations for mass-production of quantum dot (QD) displays in 2021 without relying on Samsung Electronics and irrespective of Samsung Electronics' TV business strategy.Samsung Display can go without support from Samsung Electronics as it has secured Chinese T
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed.LCD panel prices up 3.6% MoM in July, marking first increase in four monthsLCD TV panel prices are up 2-9% in the second half of July compared to the first half, increasing by an average of 4.8% (WitsView, July
TV supply shortage of 20% in North America due to price declines and stay-at-home economyTen Samsung Electronics (SEC) and LG Electronics (LGE) TVs models are sold out at Best Buy (Electronic Times, July 15). The supply shortage has eased, but the supply of 55”-65” budget TVs, SEC QLED TVs and LGE N
amsung Electronics announced on July 8 that it has rounded out its full 2020 Q-series soundbar line-up with the release of two new premium models including HW-Q950T and HW-Q900T.The HW-Q950T delivers the audio quality of 9.1.4-channel, the maximum number of channels for currently available home-thea