The combined market share of the three major Korean electric vehicle (EV) battery manufacturers stood at 33.5 percent in the first five months of 2021, according to SNE Research, an energy research company, on June 30. The figure represented a small drop from 34.9 percent during the same period a ye
Samsung Electronics is set to accelerate its penetration of the global OLED TV market using OLED panels from LG Display.Samsung Electronics will reportedly sign a contract with LG Display to procure two to three million OLED panels annually from next year to 2024. The average price of a 55-inch gene
LG Energy Solution is stepping up its efforts to accelerate its penetration of the U.S. market. This is because it successfully has supplied batteries for Energy Storage Systems (ESSs) to the market, following batteries for electric vehicles.LG Energy Solution announced on June 17that it recently su
LG Display will accelerate its penetration of the mobility display market with transparent OLED panels.LG Display announced on June 16 that it will introduce its transparent OLED panels for trains at the Korea Railways and Logistics Fair 2021, which is held at BEXCO in Busan from June 16-19. The tra
A project to replace thermal shock buffer tubes for reactor heads at Hanul Power Plant 1 was recently selected for the Top Innovation Practice (TIP) Award of the U.S. Nuclear Energy Institute (NEI), Korea Hydro & Nuclear Power Co. (KHNP) said on June 9.The NEI gives the TIP Awards to member companie
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed. - In 1Q21, telcos’ earnings surpassed market projections by a wide margin. Wireless revenues jumped thanks to faster-than-expected growth in 5G penetration. In addition, marketing expenses remain
Biometric technology is drawing attention from automobile producers amid a rapid penetration of electric vehicles (EVs).Tesla is currently developing a technology to apply facial recognition to the advanced driver assistance system (ADAS) of the Model 3 and the Model Y. This technology is an improve
The author is an analyst of NH Investment & Securities. He can be reached at soohong.cho@nhqv.com. -- Ed. HMG’s share of the US market recently entered the double digits, the highest level since May 2011. Compared to 2011, the extent of qualitative improvement also looks significant. While the refle
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed. VR device market growth stalledTill recently, sales of VR devices had proved disappointing due to a variety of reasons, including: 1) complicated installation procedures; 2) the need to be connect
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 NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed. With the portion of wireless sales standing higher at LG U+ than the other two domestic telcos, the company appears better positioned to benefit from 5G subscriber growth. Helped by strong wirele
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed. KT’s recent changes have been impressive in terms of speed and strategic direction, and in our view, this is the result of the strategic stance adopted by new CEO Koo Hyun-mo, who was inaugurated
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed. 1. 5G subscriber-led wireless revenue growth to fuel OP expansionTelcos entering earnings upcycleHelped by a faster-than-expected increase in 5G penetration, telcos look to have entered a phase o
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed. Telecom stocks to uptrend in 2H21We maintain a Positive stance towards the telecom service industry in 2H21, advising investors to overweight on sector shares. With 5G effects starting to hit ful
The authors are analysts of NH Investment & Securities. They can be reached at j.ko@nhqv.com and midas.sohn@nhqv.com, respectively. -- Ed. High energy density: Key requirement for cathode materials for use in batteriesWe believe that Ni-rich (nickel content greater than 80%) NCM, NCA, and NCMA catho
The authors are analysts of Shinhan Investment Corp. They can be reached at hyunwook.kim@shinhan.com and yoongu@shinhan.com, respectively. – Ed. Initiate coverage with BUY for a target price of KRW130,000We initiate coverage of Zinus with BUY for a target price of KRW130,000. Since the company's
Hyundai Motor Co. and LG Energy Solution are expected to announce the establishment of a joint venture electric vehicle (EV) battery plant in Indonesia as early as next month.The two companies will jointly invest about 1 trillion won to 1.3 trillion won to build a plant with an annual production cap
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
Hyundai Oilbank announced on May 10 that it has recently signed a memorandum of understanding (MOU) with Korea South East Power for cooperation in the renewable energy business. The two companies will consider jointly promoting renewable energy generation projects using hydrogen fuel cells.The two s
Samsung Electronics reported on April 29 financial results for the first quarter ended March 31, 2021.Total consolidated revenue was 65.39 trillion won, a 6% increase from the previous quarter and a record for the first quarter. Operating profit increased 4% from the previous three-month period to 9