[3-Min Brief] Have Semiconductors Finally Hit Bottom?

Published 16 Oct.2023 08:00(KST)

Updated 19 Jan.2025 10:32(KST)

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[3-Min Brief 3-Second Summary]
Apple's In-House Chip Saves iPhone Development Costs
Subscription Polarization... Concentrated in Seoul, Incheon, Busan
Samsung Electronics & Hynix Hit Bottom? Rising Expectations for Next Year

Two-line News

In 2021, a researcher is presenting an MPW test chip in the 12-inch semiconductor testbed cleanroom at the Daejeon Nano Convergence Technology Institute.

■ Why Apple Doesn’t Raise iPhone Prices Despite US Inflation
○ iPhone 15 is actually relatively affordable considering inflation
○ Apple’s self-developed chip absorbs price increase factors
☞Read more: https://m.asiae.co.kr/article/2023101511310961279

■ Bitcoin’s Market Cap Share Hits 50% in Cryptocurrency… Altcoins Plummet
○ Rising interest in Bitcoin drives its market share up
○ Altcoins’ price drops are larger than Bitcoin’s
☞Read more: https://m.asiae.co.kr/article/2023101217180097862

■ Buying Luxury Cars with Cryptocurrency… Ferrari Introduces Coin Payment
○ Starting in the US, with plans to support coin payments in Europe and Africa
○ Reflects demand from young customers who became wealthy early through 'coin investment'
☞Read more: https://m.asiae.co.kr/article/2023101514433837257

■ Number of Card Loan Users at 17% Interest Rate Increased by 160,000 Among Seniors in Their 60s
○ Both number of users and balances of card loans increased among seniors after COVID-19
○ Increase only among those aged 60 and above… concerns over 'living expense emergency' loans
☞Read more: https://m.asiae.co.kr/article/economic-policy/2023101311314958940

■ Taiwan TSMC’s 1nm Semiconductor Factory Expansion Plan Faces Cancellation Rumors
○ Local media reports 'stranding' of 1nm factory in northern Taiwan
○ Due to opposition from local residents… TSMC declines to comment
☞Read more: https://m.asiae.co.kr/article/2023101515315565521

MARKET INDEX

[3-Min Brief] Have Semiconductors Finally Hit Bottom?

MARKET INDEX 2: Polarization in Subscription… Concentrated in Seoul, Incheon, and Busan

○ Last month’s apartment subscription first priority: Seoul (77:1), Incheon (17.2:1), Busan (16.3:1)
○ Meanwhile, Gyeonggi (1.7:1), Ulsan (0.8:1) showed relatively weak results
○ Seoul shows high competition rates, Incheon’s strength centered on Geomdan New Town apartment complexes

Graphic News: Has DRAM Finally Hit Bottom?

○ Following Samsung Electronics, SK Hynix also spreads 'semiconductor bottom theory'
○ Effects of production cuts and demand recovery combined… industry expectations for 'rebound' rise
○ Next year, both DRAM and NAND flash expected to return to operating profit
☞Read more: https://m.asiae.co.kr/article/2023101314244063456

Term in the News: Bedmate

○ Bedmate is a cohabitation culture spreading in China
○ It goes beyond 'roommate' to sharing a bed
○ Phenomenon linked to China’s economic downturn and youth employment difficulties
☞Read more: https://m.asiae.co.kr/article/2023101315382672375

Today’s Key Schedule

○ Domestic
-16~17 Wart (KOSDAQ) public subscription, offering price 6,500 KRW
-16~17 Pre-subscription special supply (Hanam Gyosan, Ansan Jangsang, Gunpo Daeyami, Namyangju Jinjeop 2, Guri Galmae Station Area, Incheon Gyeyang)

○ Overseas
- 18:00 Eurozone Trade Balance (August)
- 21:30 US New York Empire State Manufacturing Index (October)

◎ One-line comment: With a new station planned on Seoul Subway Line 3 extension to Hanam (Songpa?Hanam) and good accessibility to Seoul Gangnam and Songpa, Hanam Gyosan is expected to attract many applicants

◇Lunch & Commute Weather

○ Lowest temperature 9℃(0℃) ｜Highest temperature: 18℃(3℃▼)
○ Precipitation probability morning 0%｜afternoon 0%
○ Fine dust morning moderate｜afternoon good