The author is an analyst of NH Investment & Securities. He can be reached at ryan.ra@nhqv.com. – Ed. Increasing number of people choosing aesthetic medical procedures over plastic surgeryThe beauty care market can be mainly divided into the surgical segment (breast implants, liposuction, eye/nose jo
The author is an analyst of NH Investment & Securities. He can be reached at hwdoh@nhqv.com. -- Ed. Hyperscalers are expected to resume their data center investment from 4Q20. Smartphone makers are to continue accumulating inventory in 4Q20. And, consumers are giving warm responses to recently annou
The authors are analysts of NH Investment & Securities. They can be reached at minjae.lee@nhqv.com, ys.jung@njqv.com and midas.sohn@nhqv.com, respectively. – Ed. Solar panel installations showing dramatic increase over recent yearsThe Korean government plans to expand renewable energy capacity to 63
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed. Maintain BUY and TP of KRW80,000; DRAM prices to bottom out in 4Q20We maintain BUY and our TP of KRW80,000 for SEC: (1) Semiconductor memory prices are forecast to hit a trough in 4Q20 (Semiconductor accounts f
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed. Maintain target price of KRW105,000; positive developments for DRAM segmentWe maintain BUY and our 12m TP of KRW105,000 for SK hynix. The stock is down 14% YTD (KRW94,700→KRW81,300), which suggests that it has
LG Electronics has released a new version of its home appliance management app “LG ThinQ.” The app allows users to manage 28 types of home appliances including TVs, refrigerators, air conditioners and washing machines.The new version features a setting function that allows a user to activate multipl
The author is an analyst of NH Investment & Securities. He can be reached at hwdoh@nhqv.com. -- Ed. During pre-orders for the Sony PS5 on Sep 18, available supply quickly sold out. Server DRAM prices are expected to drop by 15% q-q due to reduced data center investment in 4Q20; however, consumer pro
The author is an analyst of NH Investment & Securities. He can be reached at kyeongkeun.kang@nhqv.com. -- Ed. Nextin Solutions is a manufacturer of wafer pattern defect inspection equipment for front-end processes which is essential for improving production yields. Considering both the trend towards
Market research firm DRAMeXchange reported on Sept. 17 that the DDR4 8GB server DRAM price posted US$2.99 without any significant change for three days. The spot price, which was US$2.5 to US$2.6 for the first three weeks of last month, began to rise on Aug. 24, about two weeks before the implementa
The authors are analysts of NH Investment & Securities. They can be reached at mj27@nhqv.com, jack.baek@nhqv.com and kyeongkeun.kang@nhqv.com, respectively. – Ed. 1. Demographic changes: Population is aging; workforce is shrinkingOngoing population aging is to lead to major changes in the ways in wh
The author is an analyst of NH Investment & Securities. He can be reached at hwdoh@nhqv.com. -- Ed. Chinese memory maker YMTC has started selling SSDs, the first products it has sold since being established in 2016. However, the burden on NAND supply is likely to be limited as production volume rema
SK Telecom and Microsoft launched on Sept. 16 "SKT 5GX Cloud Game" powered by Xbox Game Pass Ultimate in Korea, making the country the first Asian market to offer Xbox’s cloud gaming service.‘SKT 5GX Cloud Game’ powered by Xbox Game Pass Ultimate, is a subscription service that allows users to play
The authors are analysts of Shinhan Investment Corp. They can be reached at doyeon@shinhan.com and sungjun.na@shinhan.com, respectively. -- Ed. Another big cycle for memory expected in 2021In the memory market, supply is forecast to tighten further at inflection points in process technology, such as
The author is an analyst of Shinhan Investment Corp. He can be reached at sejonghong@shinhan.com. -- Ed. Video service is one of the must-do business areas for any company seeking to join the fourth industrial revolution. With competition in digital markets stiffening amid the COVID-19 pandemic, we
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed. Recently won Qualcomm order to increase foundry revenue by USD5.0bn in 2021 We maintain BUY and our 12m TP of KRW80,000. SEC recently won a Qualcomm deal to manufacture a full batch of Snapdragon 875 chipsets w
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed. Target price held at KRW105,000; stock has underperformed KOSPI We maintain BUY and our TP of KRW105,000 for SK hynix. We remain positive because SK hynix stock seems to already reflect DRAM price drops and neg
The authors are analysts of Shinhan Investment Corp. They can be reached at doyeon@shinhan.com and sungjun.na@shinhan.com, respectively. -- Ed. LOT Vacuum produces dry vacuum pumps, used to remove byproducts created in the semiconductor manufacturing process. As a key equipment directly linked to pr
The author is an analyst of NH Investment & Securities. He can be reached at hwdoh@nhqv.com. -- Ed. Affected by slowed demand, domestic chipmakers have revised their capacity addition plans for 2H20, a development which in turn should affect earnings at front-end semicon equipment makers. That said,
The author is an analyst of NH Investment & Securities. He can be reached at hwdoh@nhqv.com. -- Ed. While memory prices, particularly for server DRAM, are likely to slide in 2H20, memory market conditions should improve in 1Q21, a prediction which is backed up by the recent rebound in DRAM spot pric
The authors are analysts of NH Investment & Securities. They can be reached at kyuha.lee@nhqv.com, hwdoh@nhqv.com and j.ko@nhqv.com, respectively. – Ed. Entering 2H20, memory market supply/demand conditions have been weakening, with the slowdown being led by decreased server DRAM demand, including d