Coway Co. has been recognized for its refined innovation at the 2021 International Design Excellence Awards (IDEA).Coway Noble air purifier series (AP-2021A, AP-3021D, AP-1521B) won the Bronze award in the Home category, and Coway air purifier AP-1720H was honored as a finalist.IDEA marks the third
Apple is expected to release its first foldable smartphone in 2023. The company has applied for related patents since 2016 and, according to industry sources, it is working on both types of foldable smartphones, that is, one whose upper and lower sides meet each other and one whose right and left si
Korea’s ICT exports and imports in August amounted to US$20.27 billion and US$11.38 billion, respectively, posting a trade surplus of US$8.89 billion, the Ministry of Science and ICT said on Sept. 14.In August, ICT exports climbed 33.2 percent compared to a year ago. They have been on the rise for 1
The author is an analyst of NH Investment & Securities. He can be reached at kyeongkeun.kang@nhqv.com. -- Ed. A full-fledged turnaround is expected to start for NewFlex from 2H21 on the back of weakening competition and restructuring effects. New business divisions (VR/AR and FPCBs for automotive el
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. Given both likely continued strong sales of foldable smartphones and anticipated production line expansion, we boost our foldable smartphone-related shipment assumption, in turn raising our TP for
The authors are analysts of Shinhan Investment Corp. They can be reached at doyeon@shinhan.com and hyon@shinhan.com, respectively. – Ed. Concerns focused on short-term memory market conditionsAmid continuing disruptions in the IT supply chain, the supply of IT parts other than memory chips has remai
LG Chem announced on Sept. 7 that it has developed, a cover window for foldable IT devices that can be folded inward and outward.Real Folding Window is hard like glass but flexible like plastics, the company said. It developed the new cover window by using a specially developed coating agent.Cover w
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. Going forward, we expect SEMCO’s camera module earnings to improve in line with strong sales of a client’s foldable smartphone models. And, as an MLCC player, SEMCO is to benefit from production d
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. We upgrade our rating on Segyung Hitech to Buy and raise our TP, considering the company’s growth potential as an exclusive parts maker for foldable smartphones (protective films) and recent recov
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. Considering the recent brisk sales of the Galaxy Z series, KH Vatec is expected to benefit over the mid/long term from rapid expansion of the foldable smartphone market. Moving ahead, sustained gr
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. Overseas pre-orders for the Galaxy Z series are stronger than expected, as is the case in Korea. In particular, sound order numbers are being seen in India. Of note, shipments to major European co
The Korea Display Industry Association held Korea Display Exhibition 2021 in Seoul on Aug. 25. There, LG Display and Samsung Display exhibited a transparent OLED display and an S-foldable display, respectively.Samsung Display also exhibited Eco², underpanel cameras and Flex Note. Eco² is the industr
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. In the domestic FPCB industry, only a small number of firms are likely to remain in play due to decreasing demand for smartphones and intensifying competition. The survivors are expected to benefi
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. Pre-orders for the Galaxy Z series are 10x higher than those for the previous lineup, surpassing orders for the existing flagship Galaxy S and Galaxy Note series. We attribute this strong populari
Samsung Group and minority shareholders are in conflict over old share purchase at Dowoo Insys, which supplies ultra-thin glass (UTG) for use in Galaxy Z Fold 3 and Galaxy Z Flip 3.Last month and this month, Samsung Venture Investment bought 15 billion won of Dowoo Insys shares from minority shareho
Samsung Display has developed an OLED panel for smartphones that cuts power consumption by 25 percent compared to previous ones. It was first applied to the Galaxy Z Fold3, a foldable phone that Samsung Electronics unpacked on Aug. 11.The company announced on Aug. 16 that it has developed a new pane
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. Samsung Electronics unveiled new foldable smartphones at its Galaxy Unpacked event. In addition to seeing performance and function improvements, including the inclusion of a full-screen display, S
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. In consideration of OLED shipment and market share growth, we hike our earnings estimates and raise our TP for Innox AMC. We expect the firm to enjoy both its strongest-ever quarterly earnings in
The authors are analysts of Shinhan Investment Corp. They can be reached at johnsoh@shinhan.com and chank@shinhan.com, respectively. -- Ed. 2021 OP to jump 45.4% YoY to KRW58.3bnThe second quarter is typically a weak season as display makers prepare to produce OLED panels for new smartphone models,
The authors are analysts of Shinhan Investment Corp. They can be reached at hyungwou@shinhan.com and ym.ko@shinhan.com, respectively. -- Ed. 2Q21 review: Operating loss surprisingly narrows QoQ to KRW1bnBH was previously expected to post a massive operating loss for 2Q21 as in 1Q21. However, the com