The author is an analyst for NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com -- Ed.We raise our earnings forecasts and TP for Segyung Hitech to reflect the expansion of the foldable smartphone market, improved glass stick yields, and cost reduction at the firm. Over the mid/long
Following China, the United States has also cut back on Korean semiconductor imports.Korean semiconductor exports to the United States fell 68.6 percent year on year in April, according to a report on the characteristics and implications of Korea’s semiconductor demand structure released by the Bank
The author is an analyst for NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com -- Ed.In 2023, we expect global smartphone shipments to contract 2.2% y-y to W1.2bn units, affected by global macro impacts and a reduction in smartphone replacement demand. But, unlike in 1H23, smartpho
The author is an analyst for NH Investment & Securities. He can be reached at hwdoh@nhqv.com -- Ed.As all three major memory chip makers have joined in production cuts, memory supply-demand conditions are projected to improve from 3Q23, breaking away from excess supply. For 2023, DRAM supply growth
Samsung Electronics will not change the default search engine on its Galaxy smartphones from Google to Microsoft's (MS) Bing for the time being, the Wall Street Journal (WSJ) reported on May 19 (local time).Initially, Samsung Electronics reportedly began a discussion about changing the default s
Samsung Electronics is expected to hold its new smartphone model unpacking event in Korea. The company is speeding up the diversification of its Asian strategy amid a U.S.-China trade conflict and sluggish demand for information technology (IT) products in China, which has led to a companywide decli
The Korean government and industry have begun to promote the Carbon Free Energy (CFE) system. CFE is a campaign to use 100% energy sources that do not emit greenhouse gases. It is regarded as a way to respond to the RE100 campaign, which requires 100 percent of electricity to be supplied through the
The author is an analyst for NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com -- Ed.For game companies looking for a P2E platform to enter the blockchain gaming market, Wemade's influence as a blockchain platform operator is expected to grow over time, as there is no other co
The Korean government will launch an international standardization project with major conglomerates such as Samsung Electronics, SK, and Hyundai Motor to establish a system for Carbon Free 100 (CF100). CF100, which requires all electricity to be supplied by carbon-free energy sources including nucle
Coupang became the number one app downloaded in Taiwan’s App Store and Google Play Store. Coupang’s success story in the Korean market is being repeated overseas, some analysts say.Coupang said on May 9 that the Coupang Mobile Application ranked first in the downloaded app standings on both the Goog
As Samsung Electronics has considered changing the default search engine for Galaxy smartphones from Google to Microsoft (MS), a crack has appeared in a 12-year-long relationship between Samsung Electronics and Google. Under these circumstances, as the launch of Google’s first foldable smartphone is
Competition is heating up in the foldable smartphone market, which has emerged as a future growth driver in the smartphone industry. Samsung Electronics, the worldwide leader in the foldable phone market, is facing a challenge from Google of the United States following Chinese companies.Foreign medi
Samsung Electronics Chairman Lee Jae-yong is finalizing the schedule to meet Apple CEO Tim Cook and Google CEO Sundar Pichai during his visit to Silicon Valley during a business trip to the United States that will last until mid-May. It is analyzed for the purpose of envisioning Samsung’s future bus
The author is an analyst of NH Investment & Securities. He can be reached at hwdoh@nhqv.com -- Ed.Nvidia products were the top performers in the recent AI benchmark MLPerf. Nvidia's dominance of the AI computing market is likely to continue thanks to both product performance and its platform eco
The New York Times reported that Samsung Electronics is considering replacing the Google search engine in its Galaxy phones with MS Bing. The solid partnership between Samsung Electronics and Google is showing signs of change.The Google search app has been preloaded in every Galaxy smartphone for ab
The Korea Fair Trade Commission has ordered Google to pay a penalty of 42.1 billion won (US$31.8 million) for having hindered mobile game launches on One Store, a domestically launched app market and an alternative to the Google Play Store.According to the commission, Google provided incentives for
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com -- Ed.In the first month of the game’s global launch, Com2uS has enjoyed strong sales of Summoners War: Chronicles. The key is to be whether this initial hit has staying power in the global market.Summon
Samsung Electronics’ Foundry Business Division has started volume production of next-generation artificial intelligence (AI) chips in earnest, starting with foundry orders from Korean fables companies. Thanks to the growing AI chatbot craze fueled by the popularity of ChatGPT, the AI semiconductor m
More than 500 people from the global information technology (IT), consumer electronics and platform industries are participating in the Connectivity Standards Alliance (CSA) that will run for four days from March 20. Participants include mobile and home appliance companies such as Samsung Electronic
LG U+ announced on March 14 that it will provide foreign language chatting services for foreign customers.The foreign language chatting customers service offers four languages -- English, Russian, Chinese, and Vietnamese. It also utilizes Google Assistant-based automatic translation for other langua