Korea’s exports of materials, parts, and equipment for displays have plummeted to about half of last year’s level so far this year amid the global economic downturn and sluggish demand.On June 13, the Korea Display Industry Association shared the current status of Korea’s exports of materials, parts
The author is an analyst for Shinhan Securities. He can be reached at snowKH@shinhan.com -- Ed.The IT sector is expected to turn around at a faster pace than the manufacturing sector, driven by the accelerating shift to DDR5. Demand for server-use DDR5 chips is seen to have picked up in 2Q23, amid s
Korean companies are putting front and center premium TVs that offer special experiences in addition to delivering strong performance in order to maintain their position as the traditional powerhouses in the global TV market. This move is being made as Chinese TV makers have been waging a price war
Apple’s next-generation extended reality (XR) device, the Vision Pro, is emerging as a new growth driver for the Korean display industry, but Sony landed the order for highly lucrative high-cost internal displays for the device.The production cost of the Vision Pro is about US$1,519 while its retail
The author is an analyst for NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com -- Ed.Due to both a general macro-economic slowdown and a lack of innovation in existing IT devices, consumers opting not to replace their existing IT devices will inevitably stunt future sector growth.
Telechips, a domestic fabless semiconductor design firm, has designed an In-Vehicle Infotainment (IVI) system chip manufactured by Samsung Electronics, which has been confirmed to be installed in Hyundai Motor's premium Genesis brand.According to the industry on June 11, the Dolphin+ system-on-c
Apple’s unveiling of Vision Pro, a mixed reality (MR) device, has put microdisplays in the limelight. Microdisplays are a key component for headsets. Moreover, the luxury headset’s display accounts for about half of the total cost of US$3,499 (about 4.5 million won), so interest is growing in whethe
Samsung Electronics and LG Display are expected to establish a visible “OLED alliance.”Through this alliance, Samsung Electronics can quickly settle in the emerging OLED TV market, and LG Display is expected to secure the number one spot in the TV industry as a new customer and improve its performan
Samsung Electronics is set to supply Hyundai Motors with its Exynos Auto V920, an application processor (AP) which serves as the “brain” of the vehicle. This semiconductor handles the real-time operating information of the vehicle and processes high-definition videos and games that can be enjoyed wi
Samsung Display has rolled out the Rollable Flex and Sensor OLED Display, innovative technologies that could reshape the Organic Light Emitting Diodes (OLED) industry paradigm.Samsung Display announced its participation in Display Week 2023 held in Los Angeles, California, from May 23 to 25 (local t
LG Display announced that its research papers on “Ultra-large OLED” and “Stretchable Display” development technologies were selected as “Distinguished Papers of the Year” at the Society for Information Display (SID), an international academic conference for display information.SID is the world's
Korea’s display industry led by Samsung Display and LG Display will invest more than 65 trillion won in order to recapture the No. 1 spot in the market share standings in the global display market from China by 2027. The plan is to increase the global market share to 50 percent in 2027, widen its te
Samsung Display is poised to acquire eMagin, an American Micro OLED company, for 290 billion won ($258 million).According to industry sources on the 18th, eMagin announced on its website that it has entered into an acquisition agreement with Samsung Display. Samsung Display will invest $218 million
Korea’s ICT exports in April reached US$12.77 billion, down 35.9 percent from April 2022 when Korea posted the highest April exports ever, according to ICT import and export data released by the Ministry of Science and ICT on April 15. The drop in the ICT exports was blamed on a delay in a recovery
The author is an analyst for Shinhan Securities. He can be reached at chank@shinhan.com -- Ed.1Q23 sales miss market consensus at KRW28.5bn (-32% YoY)Duk San Neolux reported sales of KRW28.5bn (-31.7% YoY) and operating profit of KRW0.1bn (-99.3% YoY) for 1Q23, falling short of market consensus. We
China’s No. 1 display maker BOE has filed a patent infringement lawsuit against Samsung in China. Industry analysts say this is a retaliatory move by BOE, which competes with Samsung in the organic light-emitting diode (OLED) panel market.BOE recently sued Samsung Display, Samsung Display China, and
The author is an analyst for NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com -- Ed.Formalizes entry into rechargeable battery materials marketVia a recent company briefing, Innox AMC has formalized its entry into the lithium hydroxide (LiOH) market. Related key points include: 1)
The author is an analyst of NH Investment & Securities. He can be reached at hwdoh@nhqv.com -- Ed.With customers in the final stages of inventory adjustments, display industry conditions are recovering. We favorably view LX Semicon’s increasing portion of the iPhone supply chain and securing of new
LIG Nex1 announced on May 2 that it will showcase a FA-50 Active Phased Array (AESA) radar prototype at the 2023 Air Force Civil-Military Cooperation Seminar and Exhibition at the Daejeon Convention Center.The FA-50 AESA radar unveiled by LIG Nex1 is the first air-cooled AESA for fighter jets in Kor
SK Group Chairman Chey Tae-won visited the United States on an economic mission during a Korea-US summit meeting, actively supporting economic diplomacy between the two countries.On April 25 (local time), an investment announcement ceremony held at the U.S. Chamber of Commerce in Washington, D.C., i