China is about to dominate the global OLED display as well as LCD market. Experts point out that China’s rapid rise in the industry is based on extensive government support and the South Korean government is failing to provide comparable support.According to the Korea Display Industry Association, t
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 NH Investment & Securities. He can be reached at sw.kang@nhqv.com. -- Ed. At the upcoming July meeting, the Fed will likely raise the FF rate by 75bp and signal for at least a 50bp hike in September, when the QT threshold will also be doubled. Last week, the ECB enacted a
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. BH Flex is expected to benefit as its North American client is set to adopt OLED panels for its laptops and tablets from 2024. As the prices of OLED components for laptops and tablets are 3~4 time
Market research firm Omdia announced on July 13 that the average capacity utilization of global display panel manufacturers is predicted to fall from 70 percent to a 10-year low of 69 percent this month.The quarterly capacity utilization is continuing to fall, too. Specifically, the figure fell from
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed. Downgrade to HOLD; cut target price to KRW17,000 We downgrade to HOLD for LGD and cut our 12m TP from KRW22,000 to KRW17,000 (12m fwd BVPS x 0.5x target P/B). We revise down 2022-23 earnings estimates on antici
China’s BOE benefited from a seven-year legal battle between Samsung Display and LG Display over organic light emitting diode (OLED) panel technology, some analysts say. Many Korean display engineers moved to China’s BOE in the process.On June 23, Nikkei Asia reported that more than 100 Korean engin
U.S. President Joe Biden is scheduled to visit Samsung Electronics’ semiconductor plant in Pyeongtaek on May 20, accompanied by former U.S. Ambassador to South Korea Mark Lippert, who has been the vice president of Samsung Electronics America in charge of public relations since March this year.South
LG Display and BOE are increasing their mobile OLED panel production at a rapid pace, signaling more competition in the LTPO OLED display market segment in particular. This segment is being led by Samsung Display.BOE is currently building a mobile OLED panel plant in Chongqing. The plant is schedule
The author is an analyst of KB Securities. He can be reached at kimtaehee@kbfg.com. -- Ed. Maintain BUY, target price of KRW75,000 We maintain BUY and TP of KRW75,000 on Yuhan Corp. The company’s appeal lies in:(1) the self-developed drug Leclaza (lazertinib), which has established a presence in the
Chinese display maker BOE will reportedly supply OLED panels for the basic model of the iPhone 14 series, which is scheduled to come out in 2022. BOE have thus far supplied panels for refurbished iPhones, but this time it will supply panels for new iPhones.Chinese IT media outlet MyDrivers reported
The Federation of Korean Industries recently analyzed six South Korean companies representing the nation's top seven export industries and their seven rivals.The seven sectors are semiconductor, consumer electronics, display, mobile phone, automobile, petrochemical and shipbuilding. The six Sout
The Korea Display Industry Association announced on April 13 that Chinese display manufacturers accounted for 41.5 percent of the global market last year, when the sales revenue-based market share of South Korean display manufacturers was 33.2 percent. “The South Korean companies beat their Japanese
Samsung Electronics has recently been increasing the use of core smartphone parts from Chinese and Taiwanese companies. “Samsung Electronics will procure 3.5 million and 3 million OLED panels for Galaxy smartphones from BOE and CSOT, respectively, in 2022,” Yasuo Nakane, a researcher at Mizuho Secur
Market research firm Omdia said on April 11 that OLED TVs accounted for 38.9 percent of LG Electronics’ total TV sales in the fourth quarter of 2021. This was an all-time high and nearly double the 20.4 percent in the fourth quarter of 2019.Strong OLED TV sales boosted LG Electronics' share of t
China's display maker BOE is reportedly developing panels for Samsung Electronics’ new A13 and A23 budget smartphone series, which are scheduled to come out in May.A display industry insider said Samsung proposed to BOE the idea of producing panels for its next-generation flagship smartphones at
Chinese display maker BOE is rapidly penetrating the high-end organic light emitting diode (OLED) panel market. Market research firm Stone Partners said on March 23 that BOE’s flexible OLED shipments are expected to hit 20.2 million units in the first quarter of this year, a 74 percent increase from
Samsung Biologics will push for the construction of its first factories in the United States and Europe, foreign media outlets reported.Samsung Biologics saw its sales soar 35 percent in 2021 amid the COVID-19 pandemic, according to a report by the Financial Times (FT) on March 21.Samsung Biologics
LG Display regained its No. 1 spot in the global TV display market in the fourth quarter of 2021 on the back of strong sales of OLED panels.The company’s share stood at 23.8 percent in the fourth quarter of 2021, beating Chinese display company BOE (20.6 percent), according to market research firm O
Hana Financial Group is bidding for the Chelsea Football Club in the English Premier League (EPL) in partnership with British property developer Nick Candy and Korean sports management company C&P Sports Group.The Guardian, a British daily newspaper, and Sports Illustrated, a U.S. sports media outle