Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 30 years of experience in the Korean/Asian equity research. Major sectors coverage include the following:
- Technology 
- Consumer 
- Special Situations/Deep Value Plays
- Tender Offers/M&As
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

Tokai Carbon Korea (TCK) - Priced for A "Near-Perfection"

Is YMTC Really a Threat to the NAND Flash Memory Business?

Hynix Earnings Recap - Oh, Oh - Is Everyone Running the Same Direction?

SK Hynix Short Zone with Option for SEC Long Pair

SK Hynix Earnings Call Reveals Little but Bad News

Does YMTC's "Xtacking" 3D NAND Make Sense?

Equity Bottom-Up

BTS, smartphones, women's golf, 5G roll-out, and semiconductor chips....These are some of the things that Korea is really good at so that they are number one in the world. With regards to semiconductor chips (DRAM &amp; NAND Flash), Korea has been number one for such a long time. The media and people in Korea generally are sensitive when it comes to other countries or companies potentially taking away the market share in this crucial semiconductor chip sector. On 13 April, <a href="https://global.chinadaily.com.cn/a/202004/13/WS5e93cb0ea3105d50a3d15b45.html" target="_blank" rel="noopener">Yangtze Memory Technologies Co Ltd (YMTC)</a> officially introduced its long-awaited 128-layer flash memory 3D NAND chips. The company has been working to develop this product for several years and YMTC finally succeeded in introducing 128-layer flash memory 3D NAND chips. The company mentioned that its product has passed sample verification with multiple partners.At this point, it is possible that YMTC is NOT bluffing and that indeed it may be able to mass-produce 128-layer flash memory 3D NAND chips in 4Q 2020, which could put strong downward pressure on the NAND Flash prices.

BTS, smartphones, women's golf, 5G roll-out, and semiconductor chips....These are some of the things that Korea is really good at so that they are number one in the world. With regards to semiconductor chips (DRAM &amp; NAND Flash), Korea has been number one for such a long time. The media and people in Korea generally are sensitive when it comes to other countries or companies potentially taking away the market share in this crucial semiconductor chip sector. On 13 April, Yangtze Memory Technologies Co Ltd (YMTC) officially introduced its long-awaited 128-layer flash memory 3D NAND chips. The company has been working to develop this product for several years and YMTC finally succeeded in introducing 128-layer flash memory 3D NAND chips. The company mentioned that its product has passed sample verification with multiple partners.At this point, it is possible that YMTC is NOT bluffing and that indeed it may be able to mass-produce 128-layer flash memory 3D NAND chips in 4Q 2020, which could put strong downward pressure on the NAND Flash prices. 

YMTC: 한국과 중국의 NAND 플래시 시장 격차가 1년 이내로 줄어들까?