While Samsung Display filed an OLED panel patent infringement lawsuit against U.S. component makers, BOE, the largest display company in China, is attracting attention as the U.S. International Trade Commission (ITC) has decided to launch an investigation of BOE. Samsung Display took this action to
LG Display is accelerating its business restructuring from displays for TVs and monitors to those for smartphones and vehicles.LG Display’s sales of displays for mobile devices, including smartphones and vehicles, are expected to cross 40 percent for the first time this year in April according to so
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com -- Ed.With overall IT device demand in China proving stronger than expected, it appears that the MLCC industry has entered a full-fledged recovery phase, backed by growing demand for automotive electronic
Apple took the top spot in the global market of premium smartphones costing US$600 or more per unit in the wholesale market last year.Apple enjoyed a 75 percent share of the global premium smartphone market as of last year, said market research firm Counterpoint Research on March 22. During this per
Samsung Electronics is paying keen attention to the impact of phone-based payment service Apple Pay on the simple payment market following its launch in Korea. This is because the Apple iPhone’s share may grow in the Korean smartphone market as Apple Pay will compete with Samsung Pay, which has appe
Samsung Electronics has shown its will to invest 300 trillion won (US$231 billion) to become a semiconductor powerhouse in the fabless and foundry sectors, not only in the memory sector.On March 16, Samsung Electronics announced that it will invest 300 trillion won over the next 20 years to build a
LG Innotek's sales to Apple amounted to more than 15 trillion won in 2022, accounting for 77 percent of the company’s total sales.According to the 2022 business report released by LG Innotek on Feb. 23, sales to a single customer which accounted for more than 10 percent of its total sales in 202
LG Electronics (LG) has made the Apple TV app, Apple Music, AirPlay and HomeKit available on its webOS Hub in over 100 countries and regions.Through this move, compatible TVs now offer an easier, more versatile smart TV experience thanks to a diverse selection of content and innovative features.The
Samsung Electronics have joined hands with Google and Qualcomm to develop next-generation extended reality (XR) devices. The specific method of their cooperation has not been finalized. But as Apple is about to release a mixed reality (MR) device within this year, the three companies are banding tog
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed.Inventories to decline over time We maintain BUY and TP of KRW80,000 on SEC. Inventories (excl. memory chips) for consumer electronics (incl. TVs) and smartphones have fallen to normal levels, significantly alle
LG Innotek announced on Jan. 25 that its sales and operating profit in the fourth quarter (Q4) of 2022 are 6.5477 trillion won and 170 billion won, respectively. Those increased 14.4 percent and dropped 60.4 percent year on year, respectively.That day, Samsung Electro-Mechanics announced 1.9684 tril
The author is an analyst of KB Securities. He can be reached at joonsop.analyst@kbfg.com. -- Ed.Maintain BUY but lower target price We maintain BUY but cut our TP to KRW16,500 from KRW17,500 for LGU to reflect a change in COE (8.45%→9.12%). Our investment points include improved B2B earnings visibil
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed.With a recent article saying that Apple’s self-developed µLED technology will be applied to the iPhone (starting with the Apple Watch), concerns are growing toward the OLED value chain. But, given
Bloomberg reported on Jan. 10 that Apple is working on designing its own MicroLED displays for use in devices like the iPhone and Apple Watch as early as next year.The story included a forecast that it will inevitably affect Samsung Display and LG Display, which supply displays to Apple. Apple did n
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed. KT is attractive as a defensive play amid stock market uncertainties. After the year-end ex-dividend date, it is time for a share price rebound. We favorably view that KT’s B2B and non-telecom bu
BOE, China’s largest display company, is predicted to become the largest display supplier for Apple’s iPhone 15 series, which is to come out in 2023.“China’s BOE will become the largest display supplier for Apple’s iPhone in 2023,” said Ming-Chi Kuo, an Apple analyst at TF International Security in
LG Innotek is on a fast growth track. The company's annual sales are expected to top 20 trillion won in 2022 after exceeding 10 trillion won for the first time in 2021.LG Innotek’s sales estimate for this year is 20,051.6 billion won, FnGuide said on Dec. 22. The figure represents an increase of
Samsung Electronics’ gap with TSMC in the global foundry market widened in the third quarter of 2022.Samsung posted a 15.5 percent share in the foundry market in the third quarter, Taiwanese market research firm TrendForce said on Dec. 11. The company's market share rose to 18.3 percent in the f
With the global smartphone market contracting significantly due to sluggish demand following an economic downturn, Apple is expected to surpass Samsung Electronics in terms of market share in the fourth quarter of this year, said market researcher TrendForce on Dec. 8.TrendForce said that global sma
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed. Uncertainty over production disruptions at Foxconn should dissipate in DecemberOver the past three days, LGI stock fell 9.5%, or 31.3% from its 2022 peak, on concerns over production disruptions at Foxconn’s Zh