On March 15, the stock price of Samsung Electro-Mechanics closed at 62,700 won, up 500 won or 0.80 percent from a day ago, hitting one-year high. The share price of LG Innotek also rose 1.97 percent or 2,500 won to 129,500 won, nearing its one-year high of 135,000 won.
Other smartphone camera component makers such as Hyvision System, Haesung Optics, and Sekonix are also enjoying steady growth in their share prices. Key factors behind the surge in their stock prices include the popularization of dual cameras.
Dual camera offers a variety of advantages, enabling users to enjoy wide angle photos and to have clearer image even when the light is dim. This is the reason why LG Electronics and Apple opted dual cameras for their G6 and iPhone 7 Plus.
South Korea’s top financial regulator will cut reserve requirements by half for insurance firms’ cross-border infrastructure assets from as early as June, paving the way for domestic insurers to boost overseas alternative investments. The Financial Supervisory Service (FSS) is working&hellip
The Government Employees Pension Service (GEPS) has awarded overseas private debt fund mandates for opportunistic strategies to Apollo Global Management and Cerberus Capital Management to invest up to $160 million, according to the South Korean pension fund on March 24.&hellip
HI Investment & Securities Co. Ltd., an affiliate of South Korean shipbuilder Hyundai Heavy Industries Co. Ltd., has established an offshore aircraft leasing company to buy two used Boeing 777-300ER aircraft from a Chinese leasing firm for $209 million, jointly&hellip