Samsung Electronics is expected to enjoy a record-breaking year not only this year but also next year. Unlike in the past, Samsung is showing an improved performance across the entire spectrum of its business divisions.
Some investors could remain cautious, believing that the improvement in Samsung's performance is led mainly by its memory chip division which is now enjoying an unprecedented sales-to-operating profit ratio.
However, it should be pointed out that Samsung's non-memory (system LSI) division also entered the stage of making a positive turnaround. The non-memory unit, which relied on specific customers like Apple in the past, succeeded in diversifying its client base, with its positive performance likely to last relatively long.
In addition to the semiconductor division, Samsung is also gaining traction in the home electronics business. In the global home electronics market, the latest trend is the convergence of telecom technologies with household electronics items. In other words, the competitiveness of companies like Samsung that have both strong capabilities in telecom and home electronics technologies, would draw more attention.
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