The authors are analysts of Shinhan Investment Corp. They can be reached at johnsoh@shinhan.com and chank@shinhan.com, respectively. -- Ed. LCD TV panel prices turned downward in April amid the spread of COVID-19, ending the upward streak since December 2019. TV makers have recently revised down LCD
As the conflict between the United States and China has spread to Hong Kong, Korean semiconductor companies are facing repercussions.Samsung Electronics and SK Hynix are paying keen attention to future developments as the United States is threatening to deprive Hong Kong of its special status.Hong K
LG Electronics announced on May 20 that it will relocate two of its six TV production lines in Gumi, South Korea, to Indonesia within this year to improve management efficiency.The company's move goes against the recent trend towards reshoring, but the company says the decision is inevitable to
The author is an analyst of NH Investment & Securities. She can be reached at mj27@nhqv.com. -- Ed. Cosmax delivered an earnings surprise for 1Q20, with OP exceeding consensus by 49% on stronger domestic margins. Moving forward, earnings and EV should rise, backed by the firm’s manufacturing competi
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. Weighed upon by slowing demand for IT devices due to Covid-19, Innox AMC is likely to report weak 1H20 earnings. However, the firm’s earnings should improve in 2H20 on recovering demand and cost r
The authors are analysts of Shinhan Investment Corp. They can be reached at jwsung79@shinhan.com and hanny.lee@shinhan.com, respectively. -- Ed. Initiate coverage with BUY for a target price of KRW105,000We initiate our coverage of Cosmax with a BUY rating and a target price of KRW105,000, based on
The author is an analyst of NH Investment & Securities. He can be reached at j.ko@nhqv.com. -- Ed. LG Display (LGD) is likely to record a 1Q20 operating loss, as expected. With the spread of Covid-19 resulting in unstable operations at the firm’s new 8G OLED plant in China, the effects of full-scale
Earlier this month, LG Display was desperately seeking a way to dispatch key personnel to China to put its organic light-emitting diode (OLED) panel factory in Guangzhou, China into operation within April. LG Display urgently asked Korean Air for help. A total of 290 LG Display employees arrived saf
Samsung Display and LG Group will dispatch officials to Vietnam by a charter plane. They are sending key personnel to make sure that the production of smartphones and household appliances are not disrupted. The Vietnamese government, which is restricting entry from South Korea, will reportedly ease
LG Display has decided to dispatch its officials to China through a chart flight later this month to make final preparations for the operation of its new organic light emitting diode (OLED) panel factory in Guangzhou.The company plans to start operation of the new plant, which was completed in Augus
South Korea was overtaken by Taiwan in TV panel market share last year, after it was outstripped by China in 2017.Samsung Display and LG Display produced 656 million units (9 percent) and 104.4 million units (14.3 percent) of OLED and LCD TV display panels, respectively, in the fourth quarter of 201
LG Display's LCD market share has fallen to fourth place. The drop in its LCD market ranking reflects the shift in its focus from LCD panels to OLED (organic light emitting diode) panels in response to a price war initiated by China.LG Display placed fourth in the LCD TV panel market in the four
The author is an analyst of NH Investment & Securities. He can be reached at j.ko@nhqv.com. -- Ed. Affected by the spread of Covid-19, LCD panel prices are rising amidst unfavorable LCD production conditions at Chinese panel manufacturers. We expect LCD panel prices to remain favorable for the time
As LG Display's mass production of organic light emitting diode (OLED) panel plant in Guangzhou, China was delayed for more than half a year, a red light was turned on for the supply of large OLED panels.According to the related industry sources said on Feb. 18, the mass production time of the G
A decline in supply and a rapid rise in LCD panel prices are occurring in the wake of factory shutdown in China attributable to Covid-19.Market research firm WitsView said on Feb. 11 that the increase in LCD TV panel prices for the first two weeks of this month amounted to five times the pace shown
LG Electronics has increased its sales target for 60-inch or larger OLED TVs to double the volume it sold last year following the inauguration of new CEO Kwon Bong-seok.Market research firm IHS Markit forecast that global OLED TV sales amounted to 3 million units in 2019, with 60-inch or larger TVs
Market research firm DSCC reported on Jan. 21 that the global flexible OLED market share of the top two Chinese display manufacturers is forecast to exceed that of the top two South Korean display manufacturers in 2025.In 2016, Samsung Display and LG Display accounted for 87 percent and 13 percent o
Volume production of large organic light emitting diode (OLED) panels at LG Display’s newly completed Guangzhou Factory in China is likely to be postponed to next year, display industry insiders forecast.LG Display started to operate the plant in August, which was a delay from the originally planned
LG Display’s OLED panel production line in Guangzhou, China, is set to go into full operation in early 2020, improving the company’s performance, Hi Investment & Securities forecast on Dec. 12.“LG Display needs to operate the OLED line in Guangzhou to expand its OLED TV panel shipments from next yea
Global display makers have waged intense competition to lead the liquid crystal display (LCD) market in recent several years and now they are turning their eyes to the rapidly expanding organic light emitting diodes (OLED) market.Samsung Display and LG Electronics, which are strong in small and larg