The author is an analyst for Shinhan Securities. He can be reached at ym.ko@shinhan.com -- Ed.Shares move sideways in July, but directionality remains intactThe faster-than-expected turnaround in semiconductor market conditions and share prices in 2Q23 was driven by a steep increase in demand for ne
The author is an analyst for NH Investment & Securities. He can be reached at hwdoh@nhqv.com -- Ed.We believe that SEC’s earnings are primed to improve from 3Q23 on both industry-wide production cuts and inventory restocking demand. The pace of technology catch-up for HBM and DDR5 technologies is to
The author is an analyst for Shinhan Securities. He can be reached at ym.ko@shinhan.com -- Ed.2Q23 preliminary results: Better-than-feared earnings from MX Samsung Electronics disclosed preliminary 2Q23 results at company-wide operating profit of KRW0.6tr (continued loss QoQ) on sales of KRW60tr (-6
Propelled by the acceleration of the next generation of K-Beauty players, South Korea’s cosmetic exports have surpassed 10 trillion won for two consecutive years.According to the Ministry of Food and Drug Safety on July 6, domestic cosmetic companies’ exports last year were 10.2751 trillion won (US$
In the midst of the U.S.-China semiconductor supremacy race, India is revealing its ambition to become a major base for the world semiconductor industry by replacing China. The Indian government has offered significant incentives to global semiconductor companies leading many to decide to invest in
The author is an analyst for NH Investment & Securities. He can be reached at hwdoh@nhqv.com -- Ed.A key client’s GAA process is expected to reach the mass production stage in 2024, in turn benefiting Soulbrain. Also to benefit its earnings is an expected improvement in semiconductor supply/demand c
SK hynix announced today that it has received the automotive ASPICE1 Level 2 certification, marking the first case that a Korean semiconductor company wins the recognition.The certification, essential for automotive NAND solution products, is expected to lead to an increased supply and stronger prof
Recently, Chinese semiconductor companies frequently post job openings on Korean job boards. “It is not uncommon for many Chinese companies that have entered semiconductor zones in Korea such as Pangyo to offer high salaries and perks to Korean semiconductor engineers,” said Kim Hyung-jun, head of t
The United States has decided to extend the grace period for Korean companies to export semiconductor equipment to China. This immediately alleviates the concerns for domestic companies such as Samsung Electronics and SK hynix, who can continue producing semiconductors in their Chinese factories for
The author is an analyst for NH Investment & Securities. He can be reached at hwdoh@nhqv.com -- Ed.For SK hynix, inventory restocking orders have started to materialize from some customers. With the inventories of memory makers trending down, industry conditions are forecast to improve in earnest fr
A former senior executive of Samsung Electronics, referred to as Mr. A, has been arrested and will stand trial for his attempt to copy Samsung Electronics' semiconductor plant in its entirety in China.The Defense Industry and Industrial Technology Crime Investigation Division of the Suwon Distri
A semiconductor conflict between the United States and China may hit Korean semiconductor companies Samsung Electronics and SK hynix. However, Fitch, an international credit rating agency, believes that the impact will be short-lived.Fitch said in a report on June 7 (local time) that the semiconduct
SK hynix announced today that it has started mass production of its 238-layer 4D NAND Flash memory, following the development in August 2022, and that product compatibility test with a global smartphone manufacturer is underway.“SK hynix has developed solution products for smartphones and client SSD
The author is an analyst for Shinhan Securities. He can be reached at snowKH@shinhan.com -- Ed.Earnings to improve gradually from a sluggish 1Q23TSE registered an operating loss of KRW6.6bn in 1Q23. The company saw a dip in overall top line with sales from probe cards falling to KRW4.5bn (-74% YoY),
The Korean government has reportedly asked the U.S. government to double the limit for Korean companies receiving CHIPS Act subsidies in ramping up their semiconductor production capacities in China. The U.S. Department of Commerce is finished accepting opinions and will announce a finalized CHIPS A
Over the past five years, changes have been made in the market capitalization standings among semiconductor giants. Samsung Electronics and Intel, the top two semiconductor companies, recently slipped down through the rankings. Meanwhile, nonmemory companies such as Nvidia, TSMC, and Advanced Micro
The author is an analyst for NH Investment & Securities. He can be reached at hwdoh@nhqv.com -- Ed.Memory makers are recently being seen reviewing product price hikes. DDR5 spot prices have turned upward, and contract prices are expected to rise from 3Q23.YMTC boosts NAND price tagsLooking at indust
Samsung Electronics has initiated mass production of the 12-nanometer class 16Gb (gigabit) DDR5 DRAM, a groundbreaking feat in the industry.Samsung Electronics has become the pioneer in the industry to initiate mass production of DRAM semiconductors with a circuit line width of 12 nanometers (nm), a
SK hynix's NAND Flash Solutions subsidiary, Solidigm, announced on May 16 that it had appointed Noh Jong-won, president of SK hynix, and David M. Dixon, vice president of Solidigm, as the new co-CEOs of Solidigm. The decision was made during a board meeting held in the U.S. on May 11, local time
Samsung Electronics’ sales activities in China have significantly shrunk amid the deepening conflict between the United States and China. In the latest quarterly report, in fact, the proportion of its Chinese sales to its total sales has dropped to a single digit.According to Samsung Electronics’ qu