Samsung Electronics had 8,513 utility patents registered in the United States last year and the number was close to that of the previous year. The number of LG Electronics increased 5 percent to 4,580 and the company came in third.Samsung Electronics rose to the top by beating IBM, whose number drop
The author is an analyst of KB Securities. He can be reached at cm.lee@kbfg.com. -- Ed. Maintain BUY, target price of KRW950,000 We maintain BUY and TP of KRW950,000 on Samsung SDI. Our DCF-based TP assumes 8.81% WACC (9.08% COE, 4.30% after-tax COD, 0.99 60m adj. beta), represents 30.2x implied 12m
Hyundai Motor Group announced on Jan. 4 that its U.S. subsidiary Supernal will develop advanced future aviation solutions in cooperation with Microsoft, which has technologies for autonomous flight simulations.The two sides will promote cooperation in a wide range of fields, including cloud converge
Data center development is rapidly emerging as a new investment destination in the domestic commercial real estate market in Korea. Asset management firms, private equity firms, developers, builders and so on are entering the market monopolized by mobile carriers until recently.According to market r
Samsung SDS has demonstrated its technological power in artificial intelligence by publishing papers in the world's most prestigious artificial intelligence society, Neural Information Processing Systems (NeurIPS), for three consecutive years.NeurIPS is the world’s largest and most renowned acad
Samsung Electronics’ Foundry Business Unit will produce some of Qualcomm’s flagship application processor (AP) Snapdragon 8 Gen 2 for its own phones, foreign media outlets reported on Nov. 28.PhoneArena, a U.S. website specializing in IT news, reported that while TSMC will be producing the regular v
The author is an analyst of NH Investment & Securities. He can be reached at midas.sohn@nhqv.com. -- Ed. Due to factors such as inflation, interest rates, liquidity crunches, and war, 2023 is to be a year of uncertainty. Given such external variables, earnings volatility at small/mid-cap companies i
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
Huawei has signed a global commitment to join the International Telecommunication Union's Partner2Connect digital alliance, which will bring connectivity to about 120 million people in remote areas in more than 80 countries by 2025.Liang Hua, chairman of Huawei, announced the decision at the com
The author is an analyst of NH Investment & Securities. He can be reached at kyeongkeun.kang@nhqv.com. -- Ed. Due to a recent fire at a data center near Seoul, the need for data center redundancy systems has emerged, a development that should boost demand for Piolink’s network equipment. Also consid
WeMakePrice and Google Cloud have launched a large-scale project to move all service systems of WeMakePrice from its IDC to a container-based cloud environment.The two companies announced the project at a vision share workshop at WeMakePrice’s headquarters in Gangnam-gu, Seoul on Nov. 11.Under the c
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
The author is an analyst of KB Securities. She can be reached at leesunhwa@kbfg.com. -- Ed. Maintain BUY, target price of KRW250,000 We maintain BUY and TP of KRW250,000 on Naver. In 3Q22, focus defending OPM via cost efficiency despite difficult operating conditions. Also, Naver has been aggressive
The Bank of Korea announced on Nov. 7 that its second-phase central bank digital currency (CBDC) experiment has been completed regarding offline transactability, interest payment and redemption, cross-border remittance, etc.The first phase was conducted from August to December last year. At that tim
ArkData has registered Ark for CDC, a real-time heterogeneous data replication solution, and Ark for FR, a file replication solution, on Kakao i Cloud Marketplace.The Marketplace registration allows customers who need data replication on Kakao i Cloud to get the service efficiently in a monthly subs
During Ultra-Broadband Forum (UBBF) 2022, Simon Lin, senior vice president of Huawei and president of Huawei Asia-Pacific Region, delivered a keynote speech entitled "Advanced Connectivity, Boost Growth". In the speech, he set out a roadmap for how operators can unleash the full value of connections
The author is an analyst of KB Securities. He can be reached at joonsop.analyst@kbfg.com. -- Ed. 3Q22 review: OP of KRW185.0bn (-16.7% YoY, -31.5% QoQ) — 3Q22 revenue came in at KRW4.2tn, beating the market consensus of KRW4.07tn (FnGuide; 3m basis) and our estimate of KRW3.93tn. However, 3Q22 OP of
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
Huawei's 13th Global Mobile Broadband Forum (MBBF) kicked off in Bangkok on Oct. 25 with a keynote from the company's rotating chairman, Ken Hu."5G has grown faster than any previous generation of mobile technology," began Hu. "In just three years, we've seen solid progress in network de
The author is an analyst of KB Securities. She can be reached at leesunhwa@kbfg.com. -- Ed. Maintain BUY but cut target price 28.6% to KRW250,000 We cut our TP by 28.6% (KRW350,000→KRW250,000) on Naver. We revise down 2022E/2023E OP by 7.7%/13.3% to reflect M&A-driven changes in structural mix (i.e.