The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. Hiking our 2022 earnings forecast, we raise our TP on BH Flex in consideration of its expanding market share towards its North American client. Earnings should normalize from 2H21. We view BH Flex
The Moon Jae-in administration is claiming that Japan’s export restrictions against South Korea have led to a decrease in South Korean companies’ reliance on industrial materials imported from Japan. Nikkei refuted the claim on Aug. 2.According to the South Korean government, South Korea’s photoresi
The authors are analysts of Shinhan Investment Corp. They can be reached at hsh0628@shinhan.com and wonyong.sim@shinhan.com, respectively, -- Ed. Balanced portfolio of four business divisionsInnox Advanced Materials was spun off from Innox in 2017 to focus on advanced films. Producing over 50 types
Market research firm Canalys reported on July 16 that Samsung Electronics showed the highest share in the global smartphone market in the second quarter of this year.The global smartphone market is fluctuating as 5G commercialization is speeding up. Although Samsung Electronics is still leading the
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. Samsung Electronics is expected to unveil its new foldable smartphone series at the Galaxy Unpack event slated for Aug 11. Moving ahead, we expect the firm to focus on expanding its flagship smart
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. Taiwanese media have recently mentioned that semiconductor design companies are likely to enjoy sales increase of at least 10% q-q in 3Q21 on expanded smartphone shipments in Greater China. Believ
Campaign Asia-Pacific and Nielsen announced on July 20 that Samsung topped their Asia's Top 1000 Brands list for this year. The 18-year-old list shows consumer preferences in 14 Asia-Pacific countries, and Samsung took the top spot for the 10th consecutive year this year."Samsung Group is the bi
Samsung Electronics may lose its No. 1 position in the global smartphone market to China’s Xiaomi.Global market research firm Canalys said Xiaomi was ranked second in the global smartphone market in the second quarter of this year with a 17 percent share, which was only 2 percentage points below Sam
As Samsung Electronics is expected to unveil a Thom Browne edition when it launches the Galaxy Z Flip 3 next month, expectations are growing that the smartphone maker may collaborate with such luxury brands as Louis Vuitton and Gucci as well.Dutch IT media outlet Let'sGoDigital recently released
The author is an analyst of NH Investment & Securities. He can be reached at midas.sohn@nhqv.com. -- Ed. Earnings at Dreamtech’s smartphone-related business have been improving since June. Based on its track record, it is highly likely that the company will supply fingerprint recognition modules for
The authors are analysts of NH Investment & Securities. They can be reached at j.ko@nhqv.com. -- Ed. Investment in low carbon-related industries is picking up, as countries around the globe hike their greenhouse gas reduction targets. We note that leading global auto player GM recently raised its EV
The Ministry of Trade, Industry and Energy announced on July 1 that South Korea has considerably reduced its reliance on Japanese hydrogen fluoride, fluorinated polyimide and EUV photoresist since the Japanese government's import restrictions implemented two years ago.According to the ministry,
Samsung Electronics' foldable smartphone Galaxy Z Fold 3 is expected to come out in early August, a month earlier than its original launch date.Max Weinbach, a famous IT tipster, recently predicted on Twitter that Samsung Electronics' new foldable phone unpack event will be held on Aug. 3. E
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. In 2021, global smartphone shipments will likely fall short of expectations, coming in at around 1.42bn units (+6.6% y-y), owing to semicon supply shortages and the resurgence of Covid-19. But, af
Sam Mobile, an information technology (IT) media outlet, reported on June 2 that Samsung Electronics will launch foldable smartphones Galaxy Z Fold 3 and Galaxy Z Flip 3 in August.Samsung Electronics is currently mass-producing major components of the Z Fold 3. The initial production volume of the n
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. 1. Global smartphone shipments to bounce back from 3Q21Global smartphone shipments to rebound in 2H21, coming in at 1.42bn units in 2021In 2021, global smartphone shipments will likely fall short
The author is an analyst of Shinhan Investment Corp. He can be reached at jinmyung.lee93@shinhan.com. -- Ed. 2021 OP to rebound sharply to KRW294.6bn (+93% YoY)We expect industrial materials to drive a steep upturn in operating profit at Kolon Industries to KRW294.6bn (+93% YoY) in 2021. Operating p
Competition will intensify in the global smartphone OLED panel market as Chinese companies are speeding up their penetration of the market with low-cost products, challenging Samsung Display’s dominance.Smartphone OLED panel shipments will reach 812 million units in 2022, said Omdia, a market resear
The author is an analyst of Shinhan Investment Corp. He can be reached at jinmyung.lee93@shinhan.com. -- Ed. Earnings turnaround: Industrial materials, fashion, and film businessesWe expect operating profit at Kolon Industries to rebound to KRW294.6bn (+93% YoY) in 2021. The industrial materials div
The Korea Research Institute of Chemical Technology and Pukyong National University announced on May 10 that their joint research team developed a self-healing material second to none in the world in terms of mechanical strength and the polymer material is capable of healing itself from cutting at r