Samsung Electronics and LG Display are expanding their alliance to include 77-inch organic light-emitting diode (OLED) TVs after the 83-inch models. The alliance with LG Display is expected to expand to LCDs due to a patent dispute between Samsung Electronics and BOE of China.According to industry s
The share of organic light-emitting diode (OLED) displays in laptops and tablets is expected to remain low at less than 3 percent this year, while panel manufacturers continue to invest in expanding the share of OLED displays and improving specifications amid a slump in the display industry.Accordin
Malicious code has been discovered in Chinese-made measurement devices supplied to government agencies. The National Intelligence Service (NIS) reported that the malicious code was pre-installed in the Chinese equipment before delivery, and they have decided to investigate all Chinese-made devices d
Much attention is being paid to if Samsung Electronics, which recently stopped ordering from China’s No. 1 display maker BOE, will expand the amount of liquid crystal displays (LCDs) that it buys from LG Display in the future. Samsung has been buying LCD TV panels from LG Display since 2017.Accordin
Samsung Electronics has teamed up with LG Display to start selling 83-inch (diagonal length about 211 cm) OLED TVs in the United States. The company had been unable to penetrate the large-scale OLED TV market due to the panel production limits of its affiliate Samsung Display, but now it is capable
The economic effects of the Korean Wave have reached 37 trillion won in the last five years, according to a study.The Korea Economic Research Institute (KERI) said on July 10 that Korea enjoyed 37 trillion won (US$29 billion) in economic effects thanks to the Korean cultural wave from 2017 to 2021.
New investments in venture startups plunged by one third in the first half of the year. The number of startups that received big investments plummeted.According to startup investment information platform TheVC, startups and SMEs received 2.819 trillion won (US$2.160 billion) in investment in the fir
“The market share of Samsung’s high-bandwidth memory (HBM) products is still over 50 percent,” said Kyung Kye-hyun, president of Samsung Electronics’ DS division in charge of the semiconductor business, dismissing concerns that the company’s memory competitiveness is declining. It took place during
Samsung Electronics’ second-quarter operating profit plunged 96 percent year on year, according to a forecast. This means that it may hit a 14-year low as fears of a semiconductor supply glut intensify.According to a survey of 27 analysts by financial information firm Refinitiv’s SmartEstimate, Sams
“China’s OLEDs for smartphones have strong price competitiveness,” said Lee Chung-hun, CEO of UBI Research, at the 2023 OLED & Micro Display Seminar at the Federation of Korean Industry Tower in Seoul on July 5. “China will hog the market for organic light-emitting diode displays for smartphones.”Ac
The author is an analyst for Shinhan Securities. She can be reached at kimaram@shinhan.com -- Ed.YLAB is a webtoon studio that has published popular titles like Island, Reawakened Man, Terror Man, Get Schooled, Reality Quest, and Study Group on NAVER Webtoon. Some of these stories are set in a share
Samsung Electronics’ 83-inch OLED TV model will hit the market soon, signaling the beginning of an OLED TV alliance between Samsung Electronics and LG Display.According to industry sources on July 3, Samsung Electronics added an 83-inch OLED 4K TV (KQ83SC90AEXKR) to its OLED TV lineup in the July/Au
LX Semicon, a fabless company under LX Group, a conglomerate which was previously part of the LG group, is currently considering delegating the production of next-generation display driver ICs (DDIs) to the Samsung Electronics Foundry semiconductor contract manufacturing division. The collaboration
“Sub-culture games” made by Korean game publishers are faring well in Asian markets. Subculture games are games that highlight Japanese anime-style girl characters and are targeted at specific groups of enthusiasts. Korean subculture games are gaining in popularity in China after Japan, so it remain
After 17 years at the top of the TV market, Samsung Electronics is now feeling a growing sense of crisis. This is because Chinese companies have been in hot pursuit of the Korean TV giant by waging a price war.Global TV shipments reached 46.63 million units in the second quarter of this year, up 7.5
SK on, a battery subsidiary of SK Innovation, and BlueOvalSK, a joint venture between SK on and Ford Motor Company for electric vehicle batteries, has received conditional approval for a policy fund loan of up to US$9.2 billion from the U.S. Department of Energy (DOE).On June 23, SK on announced tha
Vietnam, to which President Yoon Suk-yeol will pay a three-day state visit beginning June 22, has become a center of research and development (R&D) for Samsung and LG for the future, becoming more than a global production outpost for them.Samsung posted sales of US$73.7 billion (about 95.3678 trilli
Jim Keller, CEO of Tenstorrent and considered a living legend in the semiconductor industry, will visit the Samsung Foundry Forum 2023 in late June in San Jose, California. Keller’s recent chip development collaboration with LG Electronics has lead to an increase in his contacts with Korean companie
The Korean business community criticized the Supreme Court’s ruling that labor union members who engage in illegal labor disputes must be held individually liable for damages, calling it a “ruling that undermines the fundamentals of the rule of law at industrial sites.”“The Supreme Court’s ruling cr
The author is an analyst for KB Securities. He can be reached at jeff.kim@kbfg.com -- Ed.Maintain BUY, TP of KRW170,000We maintain BUY and TP of KRW170,000 for LG Electronics (LGE), as: (1) Home Appliance & Air Solution (H&A) should post all-time high OP for 2023E (KRW2.3tn; +100% YoY) amid decreasi