Samsung Electronics will unveil its first OLED TVs at CES 2022, the world's largest IT fair to be held in January next year. The company will use Samsung Display's Quantum Dot OLED (QD-OLED) displays, not LG Display's White OLED (WOLED) displays which currently monopolize the OLED TV mar
Samsung Electronics today reported financial results for the third quarter ended September 30, 2021.Total consolidated revenue was a quarterly record of 73.98 trillion won, a 10% increase from a year earlier, which was the previous high. Operating profit increased 26 percent from the previous quarte
The Korea Advanced Nano Fab Center (KANC) announced on Oct. 17 that it has developed a technique for metal organic chemical vapor deposition-based growth of an EPI wafer for manufacturing an indium phosphide (InP) high-electron-mobility transistor (HEMT) device for high-speed communication.An indium
Market research firm Omdia reported on Aug. 26 that the global mini LED TV shipments, which were about 0.5 million units last year, are expected to reach 4.9 million units this year and the ratio of mini LED TV shipments to the total TV shipments is expected to jump from 0.02 percent to 2.2 percent.
SK Telecom announced on Aug. 17 that the name of the new company to be established through a horizontal spin-off has been decided as “SK Square.” The surviving company will keep its current name SK Telecom. After finalizing the spin-off plan through a general shareholders’ meeting to be held on Oct.
LG Electronics announced on June 30 that it is set to release the LG QNED MiniLED TV, a premium LCD TV, in the global market. The new product’s name has “QNED,” a term that is used for a next-generation product under development by Samsung Display. This is why some market watchers say that LG Electr
SK Telecom announced on June 10 that its board of directors has approved the plan to split the company into SK Telecom (surviving entity) and SKT Investment (new entity, tentatively named) through a horizontal spin-off. The spin-off ratio has been set at 0.6073625 (surviving entity) to 0.3926375 (ne
The author is an analyst of KB Securities. He can be reached at joonsop.analyst@kbfg.com. -- Ed. Details of planned spin-off announced on Jun 10— SK telecom (SKT) on Jun 10 revealed details of its planned spin-off (mainstay telecom business vs. intermediary holding company), first announced on Apr 1
As LG Electronics entered its countdown of the launch of a mini-LED TV model, its clash with Samsung Electronics is imminent.LG Electronics is planning to release mini-LED TVs globally in June. About six months have passed since the company announced at a TV technology briefing session in December 2
POSCO Group is turning itself into a green mobility company by increasing its secondary battery material production capacity, enhancing its value chain in the industry and making an increasing investment in natural resources for use in secondary batteries.In this regard, POSCO signed a contract on M
Samsung Display is facing a strike threat from its labor union amid intensifying competition with Chinese companies and a switch to next-generation displays.Samsung Display's labor union is collecting opinions from its members to decide whether to go on strike over wage hikes. If Samsung Display
U.S. President Joe Biden and South Korean President Moon Jae-in released a joint statement on May 21 and declared that the two countries would collaborate in the fields of 6G communications, open radio access network and quantum technology in particular. “Well aware of the importance of mobile commu
POSCO announced on May 20 that it has signed a contract to acquire a 30 percent stake in Ravensthorpe Nickel Operation, an Australian nickel mining and smelting company, for US$240 million.Ravensthorpe is an integrated nickel production company that has its own mines and smelting, desalination, sulf
Samsung Electronics announced on May 11 that it has developed a new memory module supporting the new Compute Express Link (CXL) interconnect standard, which is designed to overcome the physical limitations of DRAM modules. Industry watchers say Samsung has made another quantum leap in memory semicon
Samsung Electronics reported on April 29 financial results for the first quarter ended March 31, 2021.Total consolidated revenue was 65.39 trillion won, a 6% increase from the previous quarter and a record for the first quarter. Operating profit increased 4% from the previous three-month period to 9
Samsung Electronics and LG Electronics are stepping up their efforts to secure supremacy in the gaming monitor market. The prolonged COVID-19 pandemic is fueling the growth of the gaming monitor market.LG Electronics will release its new Ultra Gear Gaming Monitor (model name: 27GP950) in Korea on Ma
Global automakers including Volkswagen, BMW and GM are planning to produce next-generation EV batteries on their own in 2030 and later.BMW announced on April 20 that it would develop prototype all-solid-state batteries by 2025 and begin to manufacture EVs equipped with the batteries in 2030 at the l
The Korea Research Institute of Standards and Science announced on April 14 that it developed the world’s first niobium-based superconducting nano-device that can be used in a quantum computer.A quantum computer processes data by quantum bit computing unlike binary computers. It is capable of quickl
SK Telecom has succeeded in applying quantum key distribution (QKD) technology to IP equipment, allowing companies that do not have dedicated networks to use the secure communication method based on quantum cryptography.SK Telecom announced on April 6 that it has successfully applied QKD technology
SK Group is expected to make at least 10 times more return on its investment in Solid Energy Systems (SES), a U.S. next-generation battery developer. SES is preparing to be listed on the New York Stock Exchange (NYSE) within 2021.SK Inc., the holding company of SK Group, is the second-largest shareh