While Samsung Electronics is actively seeking to develop cutting-edge graphics processing units (GPUs), competition is heating up to increase human resources among countries around the world, especially the United States. Regarding this, Samsung Electronics is making a move to develop technology for
Six months ago, the Korea-based medical device manufacturer EOFlow launched a new product in Germany. Now, on March 24, the company faces a patent dispute from the top insulin pump manufacturer in the country and a sales suspension, with no word on when or if they will be able to sell again.EOFlow h
The European Patent Office announced on March 28 that South Korean enterprises’ patent applications in Europe increased 10 percent to 10,367 last year. The number topped 10,000 for the first time and the rate of increase was second only to that of Chinese enterprises (15.1 percent).U.S. enterprises’
Just six months since launching the GlucoMen Day PUMP, a blood sugar control solution, in Europe, EOFlow is facing sales suspension of the product. Insulet, the No. 1 insulin pump company in Germany, has been granted a preliminary injunction related to a patent in Germany, halting local sales of the
SK ecoplant has succeeded in developing a new fuel cell-based uninterruptible power supply technology that stably supplies power in emergencies such as power outages.SK ecoplant announced on March 27 that it obtained a patent on a fuel cell-linked uninterruptible power supply (UPS) with Ewha Technol
CJ CheilJedang’s CJ Bioscience announced on March 27 that it has signed an agreement to acquire promising drug candidates and platform technologies from 4D Pharma, a UK- and Ireland-based microbiome company.The newly introduced drug candidates total nine, targeting solid cancer, digestive diseases,
As competition for global battery supremacy intensifies, all-solid-state batteries, called “dream batteries,” are attracting more attention from those in the world battery industry. This is because if this battery technology, which can boost batteries’ safety and mileage a great deal, is commerciali
Korea-based global DRAM leaders -- Samsung Electronics and SK Hynix -- are accelerating the commercialization of 3D DRAM, which are said to be a game changer in the memory industry. However, Micron, which ranks third in the DRAM industry, has already begun its 3D DRAM research since 2019, securing t
EV manufacturers are entering the EV battery manufacturing industry one after another. South Korean EV battery manufacturers are not regarding this as a threat yet.This is because it takes years to reach yield stabilization after business commencement and a large number of patents are protecting the
Hyundai Mobis’ new airbag design received a perfect score in a collision test.According to Hyundai Mobis on March 9, an anti-brain injury airbag developed with its own proprietary technology obtained a perfect score in the brain injury criterion (BRIC) category in a new crash safety test conducted b
Samsung Electronics hired Lin Jun-cheng as a vice president, a veteran engineer who worked for nearly 19 years at TSMC, Samsung’s archrival in the foundry business. The recruitment of Lin was aimed at speeding up the development of advanced packaging technology, in which the Korean chipmaker is acti
SK Materials, a company specializing in material technology, will invest US$300 million to acquire the management rights to 8 Rivers, a U.S.-based company that has carbon capture, storage, and utilization (CCUS) technology.The board of directors of SK Holdings approved SK Materials’ investment of US
The Korean Intellectual Property Office announced on Feb. 23 that it newly hired 30 semiconductor patent examiners for better technological protection and expert knowledge utilization.Their average career in the industry is about 24 years and 83 percent of them are advanced degree holders. 90 percen
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed. TP raised 23% to KRW160,000 We maintain BUY on LGE and raise our 12m target price by 23% to KRW160,000 (1.2x 12m fwd P/B). LGE, which ranks third in the world in terms of communication technology patents held,
The Korean Intellectual Property Office announced on Feb. 19 that the number of super-giant AI-related patent applications in the United States, Japan, China, Europe and South Korea increased approximately 28-fold from 2011 to 2020. Specifically, the number was 530 in 2011 and 14,848 in 2020.The Uni
Hanwha Q CELLS, the photovoltaic division of Hanwha Solutions, continues to fight in court over technology patents overseas. As its global competition in the photovoltaic business intensifies, in particular with Chinese companies, Hanwha Q CELLS feels a growing need to gain a technological edge over
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed.VS revenue to see record highsㅡ According to LGE on Feb 13, 2023, revenue for VS (Vehicle Component Solutions) has reached a record high, with its 2022 figure accounting for 10.4% of company-wide revenue. For 20
The author is an analyst of NH Investment & Securities. He can be reached at pk.park@nhqv.co. -- Ed.SK Biopharm posted 4Q22 sales of W62.8bn and an operating loss of W44.6bn, with operating income missing consensus on one-off factor (sales discounts). After the expiry of the patent for competing dru
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed.Expect earnings growth across the board We maintain BUY and TP of KRW130,000 on LGE. We expect 1Q23 earnings to substantially beat the market consensus, with all divisions delivering growth:(1) H&A earnings shou
Samsung Electronics and Nanoco Technologies recently announced that they have ended their lawsuit regarding five quantum dot patents. Samsung Electronics is supposed to pay US$150 million to the U.K. company.Nanoco Technologies filed the suit in 2020 with the U.S. District Court for the Eastern Dist