The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed. 4Q21 server DRAM demand stronger than expected— On Dec 1, SEC stock reached KRW74,400, up 4.3% from the previous close but still down 10.4% from KRW83,000 on Jan 4. SEC is up only 8.1% from its 2021 bottom of K
The author is an analyst of NH Investment & Securities. He can be reached at hwdoh@nhqv.com. -- Ed. For the first time in six months, DRAM spot prices are rebounding. Non-face-to-face demand for PCs and servers is increasing again due to the re-spreading of Covid-19. Sales of the iPhone 13 series re
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed. DRAM prices in 4Q21 to be stronger than expected We maintain BUY and TP of KRW100,000 on SEC. We remain optimistic about the company because DRAM prices and shipment negotiations have progressed without any maj
Samsung Electronics vice chairman Lee Jae-yong returned home on Nov. 24 from a business trip to North America for the first time in five years.“I feel under heavy pressure after listening to the voices of our officials in the U.S. and seeing the harsh market realities in person,” Lee said, upon arri
Samsung Electronics vice chairman Lee Jae-yong met with Google CEO Sundar Pichai on Nov. 22 (U.S. local time) and discussed cooperation in new technologies, including system semiconductors, virtual reality, augmented reality and autonomous driving.Google is planning to use an application processor (
Samsung Electronics vice chairman Lee Jae-yong, who is on a business trip to the United States, met with senior White House officials and U.S. Congressmen to discuss semiconductor supply chain issues.In addition, Lee met with executives of Microsoft (MS) and Amazon to discuss cooperation in such fie
Samsung Electronics ranked second in YouGov’s Best Brand Rankings 2021, which was based on consumer perceptions in 54 markets around the world. The Korean tech giant rose by two notches from fourth place in 2020, beating Netflix and YouTube.YouGov is British market research firm. It announced this y
LG Energy Solution and Samsung SDI will supply batteries to a large-scale energy storage system (ESS) project in the United States.U.S. renewable energy company Terragen has selected LG Energy Solution and Samsung SDI as battery suppliers in connection with a large-scale solar power and ESS project
CJ Group chairman Lee Jae-hyun has unveiled a plan to invest 10 trillion won in four major growth engine areas by 2023 to drive innovation and future growth. It is the first time in 11 years that Lee has come to the forefront and presented his vision.Lee appeared in an in-house broadcast program to
LG CNS announced on Oct. 21 that Korean Air’s enterprise IT system is now fully on the AWS Public Cloud. LG CNS, Korean Air and Amazon Web Services signed their contract for the conversion in November 2018 and Korean Air has become the first major airline in the world using a public cloud-based ente
The author is an analyst of NH Investment & Securities. He can be reached at hwdoh@nhqv.com. -- Ed. Compared to competing products, Apple’s M1 Pro/Max processors (announced on Oct 19) boast superior performance. We expect the trend towards in-house design of processors to spread moving ahead.M1 Pro
The authors are analysts of Shinhan Investment Corp. They can be reached at bh.lee@shinhan.com and wonyong.sim@shinhan.com, respectively. -- Ed. Satellite antenna maker with no.1 market share in maritime VSATIntellian Technologies is a leading provider of satellite antennas, holding the largest glob
Samsung Electronics is found to be involved in the largest number of patent infringement lawsuits in the United States.According to Unified Patents, Samsung Electronics was the most frequently found company on a defendant list in patent infringement lawsuits filed with U.S. district courts in the fi
Naver is planning to establish an artificial intelligence (AI) company in partnership with Softbank of Japan. Naver is likely to provide AI technology and human resources, while Softbank is highly likely to provide capital and global networks.Naver and Softbank have started negotiations to create an
The Korea Securities Depository announced on Oct. 14 that South Korean investors’ foreign securities holdings hit an all-time quarterly high of US$89.72 billion at the end of September, up 0.9 percent from the previous quarter.Their foreign stock and bond holdings were US$66.69 billion and US$23.03
The Inclusive Framework held an online general meeting on Oct. 8 and finalized the Pillar 1 and 2 agreements and action plans on the digital tax. As a result, multinational IT companies doing business in South Korea such as Amazon, Google, Facebook and Netflix are likely to have to pay more taxes in
SK E&S and Plug Power have signed a joint venture contract for joint business in the Asian hydrogen market. Their stakes in the joint venture are 51 percent and 49 percent, respectively.They are planning to build a gigafactory and an R&D center for hydrogen fuel cell and water electrolysis equipment
Samyang Foods announced on Oct. 5 that it will establish Samyang Foods Shanghai Limited in Shanghai, China, in December, following the launch of Samyang America in Los Angeles in August.China and the United States are Samyang Foods’ major markets that account for 45 percent and 15 percent of oversea
Samsung Electronics was ranked 14th in the Global Top 100 Brand Corporations 2021, which was released by the European Brand Institute (EBI), a brand consulting firm based in Vienna, Austria, on Oct. 4. Samsung Electronics was the only Korean company included in the list.Samsung Electronics' bran
Korean Air announced on Sept. 28 that it has completed a transfer of its IT systems to Amazon Web Services (AWS). Korean air announced the transfer plan in November 2018.Korean Air is the first large airline to complete a transfer of its enterprise IT system to a cloud computing service.Korean Air h