Global glass manufacturing company Corning, which has an annual revenue of 20 trillion won (US$15.09 billion), is expanding its thin glass production hub in South Korea. Thin glass is gaining attention in the mobile industry as an essential component for foldable phones. This move is seen as a choic
Apple, which has already surpassed Samsung in sales and profitability, is poised to overtake Samsung for the first time in market share by shipments with the iPhone 15 series scheduled to be unveiled in September. This has presented a challenge for Samsung Electronics, which has been the undisputed
Samsung Electronics is partnering with global luxury brand Thom Browne again to market a limited edition of its foldable phone, the Galaxy Z5, against Apple’s iPhone 15 series.According to industry sources on Aug. 24, Samsung Electronics will release Thom Brown editions of the Galaxy Z Fold5 and the
Samsung Electronics solidified its position as the global market leader in the second quarter of this year by selling over 50 million smartphones. Despite widening the sales gap with Apple, Samsung’s profits from smartphone sales were dwarfed by Apple’s, earning them a critique that they “offer less
Despite Samsung’s withdrawal from the Russian market after the Russian-Ukrainian war began, preorders for the Galaxy Z5 series have begun in Russia. Although the new Samsung foldable phone is drawing attention in Russia, the Russian government is expected to impose sanctions on Samsung Electronics s
With exports of domestic semiconductors, displays, and electronic devices plummeting recently, concerns are growing that the Korean electronics industry is losing its market competitiveness.According to sources in the Korean electronics industry on July 28, there were growing concerns that Korean sm
OLED panels are expected to surpass 50 percent adoption in smartphone displays for the first time this year.According to industry sources on July 20, OLED displays have overtaken LCDs as a dominant display ecosystem and are expanding their applications. Consumers have become pickier as they encounte
The smartphone usage rate among Koreans has reached 97 percent according to a recent survey.Korea Gallup announced on July 18 that it asked 1,001 people aged 18 or older nationwide whether they used a smartphone from July 11-13. Ninety-seven percent said they did.According to the poll, 69 percent of
MediaTek, the global leader in the mobile application processor (AP) industry, is accelerating its market share expansion with the launch of its new chipset.According to industry sources on July 13, MediaTek, Taiwan’s largest fabless semiconductor design firm, recently unveiled its new mobile AP pro
Samsung Electronics and Apple are set to compete in a new arena this time – the smart ring market.According to sources in the information and communication technology (ICT) industry on July 10, Samsung Electronics filed a trademark application for the Galaxy Circle with the Korean Intellectual Prope
Smartphone companies from Japan and China, which once claimed they would surpass Samsung Electronics, are sequentially withdrawing from the business. This is due to receiving evaluations that their quality and price competitiveness are subpar. Samsung and Apple outperformed them in the high-end mark
Samsung Display has filed a patent infringement lawsuit in the U.S. against Chinese display manufacturer BOE. As technology infringement from China intensifies, spreading to appliances, smartphones, and now displays, Samsung Display has decided to take a firm stand.According to the industry on July
The author is an analyst for NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com -- Ed.In May, global handset sales continued to fall, led by the US and EU. We note that Apple sales are solid. Demand is unlikely to improve until September. Companies that can benefit from the iPhone 1
Shipments of foldable organic light-emitting diode (OLED) displays are expected to grow at an annual growth rate of 29 percent through 2027, according to a market research firm.According to UBI Research on June 28, shipments of foldable OLED displays will reach 22 million units this year. The figure
Apple took the wraps off Apple’s Vision Pro, a mixed reality (MR) device that performs both virtual reality (VR) and augmented reality (AR) functions on June 5. Since then, the new device has been receiving rave reviews.What has driven the Vision Pro’s popularity is its organic light-emitting diode
This year’s first quarter global smartphone production recorded a 9-year low; Samsung Electronics was the only major global smartphone manufacturer that showed growth from the previous quarter.According to global market research firm TrendForce on June 14, global smartphone production volume for the
While Apple is set to release its Vision Pro mixed reality (MR) headset with virtual reality (VR) and augmented reality (AR) capabilities in 2024, Samsung Electronics, Google, and Qualcomm of the Android group are also working on the development of new MR devices. Industry insiders are expecting a c
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 Electronics will not change the default search engine on its Galaxy smartphones from Google to Microsoft's (MS) Bing for the time being, the Wall Street Journal (WSJ) reported on May 19 (local time).Initially, Samsung Electronics reportedly began a discussion about changing the default s
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