Tag - industry

Samsung dominates global AMOLED market: data

Samsung Display Co., an affiliate of tech giant Samsung Electronics Co., dominated the global small and mid-size active mode organic light-emitting diode display market in the first quarter of the year, industry data showed Thursday. The South Korean panel cemented its supremacy with a 30.6 percent presence in terms of sales, followed by Japan Display Co. with a 17.1 percent share and LG Display Co. of South Korea with 12.9 percent during the January-March period, according to the data by [...]


Chief regulator to tighten grip on shipbuilding sector overhaul

The country’s chief financial regulator will oversee whether the restructuring efforts by the nation’s major shipyards will proceed as planned as part of efforts to ratchet up pressure on them to carry out their promised overhaul moves, industry sources said Tuesday. According to the sources, Financial Services Commission Chairman Yim Jong-yong will chair a bi-weekly meeting to check local shipbuilders’ self-restructuring plans and their implementation. The country’s top three shipyards — Hyundai Heavy Industries Co., Daewoo Shipbuilding & Marine Engineering Co., [...]


Samsung‘s mobile business to post solid Q1 earnings

Samsung Electronics is forecast to post improved first-quarter earnings on the back of solid business from its IT and Mobile division. The tech giant’s mobile arm is estimated to post an operating profit of 3.5 trillion won ($3 billion), with some analysts suggesting close to 4 trillion won. The forecasts come after Samsung said earlier this month it sees its first quarter operating profit reaching 6.6 trillion won, up 10.37 percent from the same period last year. On-quarter, the estimate marks [...]