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.
Korea Investment Corporation (KIC) will open its third overseas office in Singapore as early as August in its push for alternative investments in Asia, according to a local newspaper report. The opening of a foreign office will come six years&hellip
South Korea’s Hanwha Asset Management Co. Ltd. will launch three global funds for infrastructure, real estate and private equity investments, with $1 billion commitments from two insurance units of its parent group. Hanwha Life Insurance Co. Ltd. and Hanwha General&hellip
An investment firm of South Korea’s Samsung Life Insurance Co. Ltd is forming a blind-pool real estate fund worth around 500 billion won ($443 million) with commitments from other Samsung financial units to acquire a building of the Organisation for Economic Co-operation&hellip