SK Telecom (SKT) announced on Oct. 27 that it will open ‘T Factory,’ a facility that shows all about the company, in Seoul, on Oct. 31, 2020. T Factory is designed to share SKT’s future ICT vision and introduce the company’s latest achievements in technologies and services, as well as its partnershi
South Korean display manufacturers, which decided early this year to reduce their LCD business, are slowing down their withdrawal from the market as the TV LCD panel price is rising.According to market research firm WitsView, the average price of 55-inch 4K LCD panels rose from US$103 to US$155 from
Samsung Electronics chairman Lee Kun-hee died at the age of 78 at 3:59 a.m. Oct. 25 after over six years of suffering from acute myocardial infarction.The late chairman became the head of Samsung Group in 1987 after the death of his father and founder Lee Byung-chul. He boosted the market capitaliza
The author is an analyst of NH Investment & Securities. They can be reached at jaemin.ahn@nhqv.com. -- Ed. Interest in telcos as value stocks remains low, despite the fact that they have entered an earnings growth phase in 2020 thanks to eased 5G competition and reduced capex. That said, positive ev
The author is an analyst of KB Securities. He can be reached at yc.baek@kbfg.com. -- Ed. 3Q20 OP beats market consensusLG Chem reported 3Q20 revenue of KRW7.51tn (+2.2% YoY) and OP of KRW902.1bn (+137.2% YoY), which is 27.0% higher than the KRW710.4bn market consensus (FnGuide, Sep 21). Earnings imp
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed. All-time high 4Q earnings to break from past We maintain BUY and our TP of KRW120,000 (33% upside) for LGE. Currently, the stock is hovering at around KRW90,000, down 8.6% from its previous peak of KRW98,900 on
LG Display announced on Oct. 21 a three-year innovation partnership with The Walt Disney Studios’ StudioLAB to combine its cutting-edge OLED display technology with the Studios’ world-class content to create exceptional viewing experiences.Among StudioLAB’s Innovation Partners, LG Display is the fir
The author is an analyst of NH Investment & Securities. They can be reached at jaemin.ahn@nhqv.com. -- Ed. - According to media reports, NAVER, CJ Logistics, CJ ENM, and Studio Dragon have decided to exchange treasury shares. The companies explained that they are considering various strategic measur
The author is an analyst of NH Investment & Securities. She can be reached at jy.lee@nhqv.com. -- Ed. We believe that Lotte Himart’s sales and OP topped consensus in 3Q20 on a surge in demand for large home appliances. Structurally, the firm’s earnings are to continue benefiting going forward from r
LG Innotek has developed a high-efficiency ferrite core that the company claims excels existing products in terms of power loss.Ferrite is an iron oxide-based magnetic material used for TV power modules and vehicle chargers to switch voltages and filter noise in electrical currents.The new ferrite r
The Chinese backlash against the recent Van Fleet Award acceptance speech of BTS is decreasing rapidly. The Chinese government appears to be coping with the situation with the backlash showing signs of backfiring.“We are watching media reports and online public opinions as to the issue,” Chinese For
The authors are analysts of Shinhan Investment Corp. They can be reached at johnsoh@shinhan.com and chank@shinhan.com, respectively. -- Ed. 5G smartphone demand to jump 144.4% YoY to 667mn units in 2021According to the global market research firm Strategy Analytics, demand for5G smartphones is forec
The author is an analyst of KB Securities. He can be reached at yc.baek@kbfg.com. Preliminary results reveal earnings surpriseOn Oct 12, LG Chem announced its 3Q20 preliminary earnings results. 3Q20 revenue/OP came in at KRW7.51tn (+2.2% YoY/+14.6% QoQ)/KRW902.1bn (+137.2% YoY/+66.8% QoQ), exceeding
The author is an analyst of Shinhan Investment Corp. He can be reached at mj1224@shinhan.com. -- Ed. 3Q20 preview: OP to come in at KRW11.8bn (+9.8% QoQ)AfreecaTV is expected to have secured operating profit of KRW11.8bn (+9.8% QoQ) on sales of KRW47.9bn (+5.9% QoQ) in 3Q20, coming in line with mark
The authors are analysts of Shinhan Investment Corp. They can be reached at johnsoh@shinhan.com and chank@shinhan.com, respectively. -- Ed. 3Q20 preview: Earnings surprise at OP of KRW24.1bnWe now expect Seoul Semiconductor to deliver an earnings surprise for 3Q20. Operating profit should come in at
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed. Whirlpool/LGE stock hit 52w highsOn Oct 9, Whirlpool stock finished the day up 0.6% DoD at USD201.40, hitting a 52w high. It also marked a 215% surge from an annual low of USD64.00 recorded in March. On Oct 8,
The authors are analysts of Shinhan Investment Corp. They can be reached at doyeon@shinhan.com and sungjun.na@shinhan.com, respectively. -- Ed. 3Q20 preliminary OP reported at KRW12.3tr (+51.2% QoQ)Samsung Electronics released preliminary results for 3Q20 at operating profit of KRW12.3tr (+51.2% QoQ
LG Electronics announced on Oct. 11 that it has released a new teaser video on YouTube announcing the launch of the world’s first rollable TV, “LG Signature OLED R.”The 17-second video, released on Oct. 9, announces the imminent launch of the new TV with a short and intense message of "ROLLING SOON.
The author is an analyst of NH Investment & Securities. He can be reached at hwdoh@nhqv.com. -- Ed. Announcing its preliminary results, SEC reported 3Q20 OP of W12.3tn (+51% q-q), surpassing both our estimate and consensus. Helping to boost earnings, were recovering sales of sets (eg, smartphones an
Samsung Electronics announced on Oct. 8 that consumers can now enjoy BTS’ “Dynamite” music video, the song that recently topped the Billboard chart, in Samsung TV retail stores around the world.The music video for ‘Dynamite’ reached 400 million views on YouTube after its release on Aug. 21. The vide