A survey has found that Korean mobile operators' 5G service coverage and speeds improved overall compared to last year. In both regional coverage and speeds, SK Telecom took first place again following 2021.KT and LG Uplus took first place in the 5G coverage of public places. They have both fini
SK Telecom announced on Dec. 29 that it succeeded in transmitting terrestrial broadcast signals using its mobile edge computing (MEC) and virtualization technologies in Washington, D.C. of the United States on Dec. 28 (local time).This demonstration was conducted in the Arlington area near Washingto
Hyundai Mobis has teamed up with Ottopia, the global leader in teleoperation software, to develop an end-to-end remote mobility assistance solution that enables the commercialization of autonomous mobility.Hyundai Mobis’ Remote Mobility Assistance (RMA) is a platform for autonomous and automated veh
KT announced on Dec. 15 that it was selected as the best company in two categories at the Asia Communication Awards (ACA) 2022 held online on Dec. 14.Launched in 2011 by Total Telecom, a British media company specializing in telecommunication, the ACA recognizes the region's leading communicatio
SK Telecom announced on Dec. 15 that it shared the results of its tests on Korean Open-Radio Access Network (O-RAN) equipment at Plugfest hosted by the O-RAN Alliance.It conducted the tests with the Electronics and Telecommunications Research Institute (ETRI), HFR, Hewlett Packard Enterprise (HPE),
Samsung Electronics’ foundry sales exceeded its NAND flash sales in the third quarter for the first time.The company's foundry sales came in at US$5.584 billion in the third quarter, according to market research firm TrendForce and analysis reports from securities companies. The sales figure is
Ultium Cells, an electric vehicle battery joint venture between LG Energy Solution and GM, has secured a US$2.5 billion loan from the U.S. government, the Korean battery maker announced on Dec. 13.Ultium Cells signed a policy loan agreement with the U.S. Department of Energy (DOE) on Dec. 12 (U.S. l
Samsung Electronics has recently renewed a technology-sharing agreement with Huawei, according to media reports.According to a report by The Elec, a Korean online media outlet specializing in electronics parts, Samsung Electronics transferred 98 patents it has in the United States to Huawei in Novem
LS Cable & System announced on Dec. 9 that it has signed a contract worth 150 million euros to supply extra-high voltage submarine cables to Hai Long Offshore Wind Farm in Taiwan.The Hai Long wind power generation complex is the largest offshore wind farm in Taiwan. When completed in 2026, it will b
LG Energy Solution has placed second in the North American electric vehicle (EV) battery market. The use of batteries from SK On and Samsung SDI has also increased significantly.The total amount of battery energy of EVs registered in North America from January to October this year stood at 56.4 giga
Samsung Electronics announced on Nov. 30 that the company is supplying a variety of 5G radios to support NTT DOCOMO’s Open Radio Access Network (Open RAN) expansion. Samsung will now provide a range of Open RAN-compliant 5G radios covering all of the Time Division Duplex (TDD) spectrum bands held by
The U.S. Inflation Reduction Act (IRA) is expected to boost Korean companies' share of the North American electric vehicle (EV) battery market to around 70 percent.SNE Research made the forecast at the Pohang International Conference 2022 held at the POSCO International Pavilion in Pohang, North
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed. This year, telecom stocks have fared relatively well within a challenging stock market. While they have lost momentum as high-dividend plays amid interest rate hikes in 2H22, we maintain a Positi
Information and communications technologies, or ICT, will enable the digitalization of industry, spark innovation and make other industries green, a Huawei executive said at an international climate change conference in Egypt on Nov. 10 (local time).The remarks were made by Philippe Wang, Huawei’s e
SK Hynix announced on Nov. 9 that it completed the development of a low power double data rate 5x (LPDDR5X) chip based on high-K metal gate (HKMG) technology and has recently started selling it. The chip is the industry's first mobile DRAM based on HKMG innovation.This product features low power
Boeing CEO Dave Calhoun and Samsung Electronics chairman Lee Jae-yong have recently met in Seoul. The content of the meeting is yet to be made public.The two companies have maintained their partnership since 2012. According to experts, the two CEOs are likely to have discussed cooperation in the fie
The author is an analyst of KB Securities. He can be reached at joonsop.analyst@kbfg.com. -- Ed. 3Q22 OP at KRW285.1bn (+3.0% YoY)— LGU posted 3Q22 consolidated revenue/OP of KRW3.50tn (+0.7% YoY)/KRW285.1bn (+3.0% YoY). OP beat the market consensus (KRW274.9bn) but in line with our estimate (KRW290
The author is an analyst of KB Securities. He can be reached at joonsop.analyst@kbfg.com. -- Ed. Maintain BUY, target price of KRW44,000 We maintain BUY and TP of KRW44,000 on KT. The company should maintain its upward trajectory through 2023, propelled by its non-telco DIGICO business and steady wi
Samsung Electronics and LG Electronics both achieved record-high quarterly earnings in the automotive electronics business in the third quarter. As the global auto market showed signs of recovery, the performance of electronics manufacturers also improved.Harman International Industries, a U.S. audi
The Ultra-Broadband Forum 2022 raised its curtain today in Bangkok, with David Wang, Huawei's executive director of the board and chairman of the ICT Infrastructure Managing Board, delivering a keynote speech titled Stride to Ultra-Broadband 5.5G. During this speech, Wang outlined the enormous c