The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com -- Ed.We expect LGE to post sound 1Q23 results on cost reduction effects. Full-fledged earnings expansion looks possible in 2H23 alongside expected stronger demand and decreased automotive electronics cos
The author is an analyset of NH Investment & Securities. He can be reached at esshim@nhqv.com -- Ed.H.PIO specializes in health functional food manufacturing and brand marketing. Denps, a premium brand, is expanding its product portfolio focusing on vitamin products. In addition to its solid main bu
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com -- Ed.Amid improving display industry conditions, the expanding application of OLED displays is positive for Innox AMC, which boasts global panel makers as customers. Considering expectations for earnings
On March 27, LG Display announced that it would borrow 1 trillion won (US$771 million) from LG Electronics to sharpen its OLED business competitiveness and preemptively secure operating funds. The borrowing period is three years, from March 30 2023 to March 30, 2026. Its interest rate is 6.06 percen
Rolls-Royce Motor Cars, which achieved the highest sales performances since its foundation in 2022, will launch its first pure electric vehicle, the Spectre, in Korea in June of this year. This will be the first launch in Asia. The luxury car brand achieved strong business results based on the Asia-
More than 500 people from the global information technology (IT), consumer electronics and platform industries are participating in the Connectivity Standards Alliance (CSA) that will run for four days from March 20. Participants include mobile and home appliance companies such as Samsung Electronic
South Korean manufacturers are reducing their outputs for inventory management purposes.For example, last year, the capacity utilization of the home appliance and air solution division of LG Electronics was 103.6 in refrigerators, 84.3 percent in washing machines and 96.2 percent in air conditioners
LG Electronics, focusing on targeting high value-added home appliances and TV markets, has surpassed 30 trillion won (US$23 billion) in sales for the first time in North America and Europe, which are the representative premium markets. Its aggressive sales strategy for high-performance products has
The author is an analyst of NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com. -- Ed.With IT demand improving faster than expected, a full-fledged industry recovery is likely from 2H23, with IT companies to benefit overall from expansion into new industries such as automotive elect
The renowned Middle East and Africa (MEA) tech event, LG Showcase 2023, has finally returned to the region after a four-year hiatus. The two-day event was held at Al Habtoor City in Dubai and successfully showcased every new LG product being launched in the region this year to an all-time-high crowd
While the world TV market was hit hard by a global economic downturn, Samsung Electronics re-entered the organic light-emitting diode (OLED) TV market after 10 years. This has made the OLED TV market a new battleground in the greater premium TV market.According to industry sources on March 7, Samsun
Yoshida Kenichiro, chairman of Sony, recently visited Samsung Electronics in strict secrecy in return for a visit to Japan by Samsung Electronics President Kyung Kye-hyun (head of the DS Division) last year. Samsung Electronics, which has expressed its will to actively target the automotive memory s
The Korea Institute for Health and Social Affairs announced on Feb. 26 that South Koreans’ happiness level according to the Gallup World Poll was 6.11 on a scale of 1 to 10 in 2021. For reference, the level was 5.9 in 2019 and 5.79 in 2020.In 2021, only six countries’ levels were lower than that of
TCL, a Chinese home appliance company, pushed out LG Electronics and ranked second in the global TV sales standings last year. This marked the first time TCL has placed second. While the size of the global TV market shrank by 13.2 percent compared to the previous year, competition in the world TV ma
South Korean display manufacturers need to accelerate their development of more advanced OLED displays, with Chinese companies rapidly following them in the OLED display market, an industry analyst said in Seoul on Feb. 21.Kang Min-su, an analyst of Omdia, a technology research company, presented a
The war in Ukraine entered its second year. Many global enterprises such as Apple, Mercedes-Benz and Renault have already left Russia, but South Korean enterprises such as Samsung Electronics, LG Electronics and Hyundai Motor Co. have not withdrawn from the country. Their one-year business loss in R
The author is an analyst of KB Securities. He can be reached at jeff.kim@kbfg.com. -- Ed. Maintain HOLD, target price of KRW16,000 We maintain HOLD and TP of KRW16,000 on LGD. The stock has rallied 29% YTD to 0.68x 2023E P/B, driven by: (1) possibility of demand for large-size OLED (WOLED) panels re
Samsung Electronics launched a new organic light emitting diode (OLED) TV in the Korean market for the first time in 10 years, declaring a duel with LG Electronics.The company announced on Feb. 20 that it has started to receive pre-orders for new 2023 TV models such as Neo QLED and OLED TVs. Prior t
Chinese companies are increasing their market shares in Russia, where a large number of South Korean companies stopped doing business after the outbreak of the Russia-Ukraine war.According to market research firms, Samsung Electronics’ smartphone market share in Russia dropped from 26 percent to alm
The author is an analyst of NH Investment & Securities. She can be reached at jiyoony@nhqv.com. -- Ed.Megastudy Edu’s 4Q22 results missed consensus due to low seasonality and ad/promotion expenses for the elementary/middle school business. In 2023, the expansion of high school offline academies shou