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.
A group of South Korean insurers will invest 69 billion won ($60 million) in 29-year senior debt secured on Australia’s National Archives Preservation Facility in Canberra, attracted to its long maturity, as they are keen to extend asset durations ahead&hellip
The Construction Workers Mutual Aid Association (CWMAA) will acquire a language center building of the University of New South Wales (UNSW) in Sydney for A$71 million ($56 million), jointly with a South Korean insurance company. CWMAA, with $2.8 billion in&hellip
South Korean banks and institutional investors will provide $140 million in syndicated loans to a US gas-fired plant project in Pennsylvania, part of $460 million loans originated by BNP Paribas to build the power plant. Of the $140 million loans,&hellip