Ulsan National Institute of Science & Technology (UNIST) Materials Science and Engineering professor Feng Ding and his research team succeeded in single-crystal graphite film synthesis with a Peking University research team.According to the institute, 100,000 layers of graphene are stacked in the si
The authors are analysts of Shinhan Investment Corp. They can be reached at ym.ko@shinhan.com and doyeon@shinhan.com, respectively. -- Ed. 3Q22 preview: Clients' infrastructure projects on trackWe now expect STI to post operating profit of KRW13.6bn (+11% YoY) on sales of KRW120.7bn (+47% YoY) f
Samsung Electronics plans to raise the share of foldable phones to half of its flagship smartphone sales by 2025, the company's top executive said in New York on Aug. 10 (local time)."We will make every effort to make the year of 2022 the first year when we sellg more than 10 million foldable ph
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. Samsung Electronics has unveiled the Galaxy Z Fold 4 and Z Flip 4 at its Galaxy Unpack event. The phones are thinner, lighter, and have improved cameras over previous generations. While certain mo
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. Global smartphone sales remained sluggish in June, affected mainly by slowing sales in Europe, India, Southeast Asia, and Latin America. In our view, tepid sales at Chinese makers (excluding Honor
Samsung Electronics announced on July 31 that it has begun to run outdoor advertisements for its new foldable phone at major landmarks in six countries before its release.The company began to run an advertisement about the unveiling of its new foldable phone at Times Square in New York, Piccadilly S
Samsung Electronics reported on July 28 financial results for the second quarter ended June 30, 2022.The company posted consolidated revenue of 77.2 trillion won, a record for the second-quarter, and operating profit of 14.1 trillion won, a 12% increase from a year earlier. The Device Solutions (DS)
Samsung Electronics plans to load Chinese-made display panels into new Galaxy mobile products to be released next year. Chinese display panels have been used only for mid- to low-end models such as the Galaxy A series. Experts say that Samsung chose price competitiveness in consideration of economic
The author is an analyst of Shinhan Investment Corp. He can be reached at hsh0628@shinhan.com. -- Ed. 2Q22 Preview: Earnings on a solid growth trajectoryWe now expect Innox Advanced Materials to post sales of KRW135.8bn (+25.2% YoY) and operating profit of KRW31.9bn (+60.3% YoY, operating margin of
Samsung Display has raised its production yield of quantum dot (QD)-based organic light emitting diode (OLED) displays to 85 percent.Samsung Display president Choi Joo-sun had a meeting with executives and employees at Giheung Campus in Yongin of Gyeonggi Province on July 1. After announcing the com
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. PI Advanced Materials’ share price has corrected on weak global smartphone demand and sluggish earnings, including lower margins. However, a recent uptick in smartphone shipments and falling raw m
The author is an analyst of KB Securities. He can be reached at cm.lee@kbfg.com. -- Ed. Maintain BUY, target price of KRW33,000 We maintain BUY and TP of KRW33,000 on BH. Our RIM-based TP represents 9.0x implied P/E and has 35% upside. Our 12m fwd EPS is 3% below the market consensus. 2Q22 forecast:
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. In May, monthly global smartphone sales fell below 100mn units for the first time since May 2020. A full-fledged recovery is expected in September, when major new products are to be launched by gl
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. Asian investors are keenly focused on the degree of smartphone shipment slowdown, the timing of industry recovery, and the future direction of the XR market. In addition to offering our opinions o
The authors are analysts of Shinhan Investment Corp. They can be reached at hyungwou@shinhan.com and michlshim94@shinhan.com, respectively. -- Ed. AMO Group's think tankAmosense, a subsidiary of electronics parts maker Amotech, was listed on the KOSDAQ market in 2021. The company develops and ma
The authors are analysts of Shinhan Investment Corp. They can be reached at hyungwou@shinhan.com and michlshim94@shinhan.com, respectively. -- Ed. Foldable devices to drive momentum in 2H22In 2H22, we recommend focusing on companies that stand to benefit from the shift to foldable devices. Shipments
The authors are analysts of Shinhan Investment Corp. They can be reached at hyungwou@shinhan.com and michlshim94@shinhan.com, respectively. -- Ed. Concerns over a decline in tech product salesOur forecasts for tech product shipment growth for 2022 have been revised down continuously because of a hig
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. Segyung Hitech’s 2Q22 earnings are likely to arrive sluggish, owing to smartphone shipment slowdowns at its domestic and Chinese clients. But, its earnings should improve upon foldable smartphone
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. Partron shares should come under downward price pressure, owing to mid/long-term sales slowdown and a lack of competitive models at its main domestic client. It is welcome that Partron has diversi
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. We lower our TP on KH Vatec in reflection of slowing smartphone sales at clients and changes in our assumptions for foldable phones. However, KH Vatec continues to offer valuation appeal, consider