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[앤츠랩]IPhone to self-driving car, once again display

That’s the money back to Ants Lab. Organize stock market news for ants and analyze stocks of interest. Enjoy the menu prepared by Ants Lab, a healthy staple food restaurant.

Appetizer: why the candle has disappeared

Fish cake skewers? hammer? Candle chart. Shutterstock

– “What does this fish cake skewer look like?”

Toss Securities, which will introduce MTS at the end of February, is said to be a response from customers as it prepared the service. When I showed the candle chart, it means that novice investors didn’t understand what it was. Eventually, Toss Securities removed Candle Chart from MTS altogether. Iknow, right. chart. What is that.

The Candle Chart, which resembles a fish cake skewer, is a chart listing the daily opening price, closing price, high price, and low price. It was developed by rice merchants in Osaka, Japan in the 17th century to analyze rice prices.

Candle charts are used as a basic tool for technical analysis (a method of deciding when to buy and sell using the chart as an indicator). There are countless rising and falling patterns on this chart. The name is also curious. Morning star type, stone star type, crow type, samba type, cross star type… .

But do you know. In the United States, a man named Greg Morris, who is famous for analyzing cantle charts, studied 89 candle patterns. According to him, the average short-term hit rate of the candle chart pattern is 51%. It’s not so different from a coin flip (super-empty), which means it’s virtually impossible to predict the stock price with a candle alone (although, of course, there’s a lot to find out when combined with something else).

In a similar vein, Hyun-joo Park, Chairman of Mirae Asset Group, advises on YouTube that “Investment to buy timing fails”. Instead, you disappear trends. It means looking at the intrinsic value of companies and industries rather than charts. This is somewhat in line with what Ants Lab pursues. So, even today, ANTSLab, a healthy stock restaurant, looks into companies and industries.

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Main: From iPhone to self-driving car, once again LG Display

Sushi bar with LG Display's transparent OLED.  Photo LG Display

Sushi bar with LG Display’s transparent OLED. Photo LG Display

★ 3 years of harsh, finally improved constitution
★ Chinese pursuit? Can’t ignore the technology gap
★ Compete with POLED for cars and iPhones

‘Old LCD Master’? What so sad to say. Please call me the’OLED Powerhouse’ who received the iPhone following the TV. LG Display’s transformation and resurrection. Let’s not be the old LGD.
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‘Chicken Game’. It has been a damn word that has been attached to the display industry since Chinese companies hit the LCD market, which once went well. It is said that the’curse of C (China & Chicken)’ that made LG Display eventually raise hands to restructuring was finally resolved in the second half of last year. There are three reasons.

① Thanks to the corona, LCD panel prices rose (laptop sales↑)
② I supplied plastic OLED to iPhone 12
③ Large OLED sales for TV increased
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LCD panel : Prices are expected to rise further until the first half of this year (supply and demand are disrupted due to a power outage of Japanese parts manufacturers). But in the second half of the year, it will decline again. Because PCs have already sold a lot, and Chinese competitors will increase production. However, LG Display has already restructured its LCD business for three years. The chicken game of tears, where LCD prices plummeted like before, will not repeat.

IPhone 12 uses all types of OLED.  LG Display also supplies products.  Apple Korea homepage capture

IPhone 12 uses all types of OLED. LG Display also supplies products. Apple Korea homepage capture

Plastic OLED : Following last year, the outlook is bright this year. You can expect the iPhone 13 to be released around September this year. Plastic OLEDs that use plastic substrates instead of glass are strong in durability and bending properties (flexible). LG Display is in a fierce pursuit after breaking the existing Samsung Display solo system.

Among the iPhone 13, the high-end (Pro) is expected to be equipped with the LTPO display (lower power consumption) used in the Galaxy S21 Ultra. LTPO currently produces only Samsung Display, but there are reports that LG Display’s LTPO panel seems to have been approved by Apple.

Large OLED : In this market, it is the overwhelming market share (95% or more). The problem was that the initial investment cost was so high that it remained in the red until last year. However, as OLED TV sales are expected to increase this year, we expect to turn to the black.
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And point. Automotive plastic OLEDLG Display is the strongest. We supplied products over 10 inches to Mercedes-Benz, BMW and Cadillac one after another. No. 1 market share in the 10-inch and larger market (28.5%).

Display applied by Mercedes-Benz to the large electric sedan EQS.  Pictures mercedes benz

Display applied by Mercedes-Benz to the large electric sedan EQS. Pictures mercedes benz


Car displays are now’infotainment’ devices. Demand for increasingly larger (10 inches or more) displays is increasing. If you add to the imagination that large displays will be placed all over the vehicle in the era of autonomous vehicles, the outlook is surely rosy.
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The risk factor is the pursuit of rival Chinese BOE. BOE eventually succeeded in winning an iPhone 12 supply contract at the end of last year. It’s still a replacement display. Fortunately, BOE is far behind in LTPO, which will be adopted for the iPhone 13 Pro. However, the BOE, backed by the Chinese government’s support, is still the number one checklist.

It is somewhat regrettable that the TV market’s huge boon, and the possibility that the Summer Olympics will not be held this year is likely.
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In conclusion, after 6 months ★★★★☆(4/5)

If the performance goes first, the stock price will follow, right?

Dessert: Accepted from the US to Korea, Roblox

Not Lego, Roblox!  Roblox website capture

Not Lego, Roblox! Roblox website capture

– “These days, Korean elementary schooling has fallen into’Roblox’.” These words from a teacher are attractive. I didn’t know what it was, but I searched for Roblox stocks to be hot. Uh, going to be listed on the New York Exchange in February? It was already hot news in America. What is Roblox and what is the direct listing?

Roblox is an American game platform. Roblox does not directly develop the game, but anyone can play the game if users create their own game with Roblox Studio. A business model similar to YouTube.

31.3 million active users per day! In the United States, two-thirds of the people aged 9-12 are said to be users. The game itself is simple. Lego-like character is the main character, and it feels similar to Minecraft. What’s unique is that 1) you can make money by making games and selling paid items (even billion-billion users), and 2) express yourself as an avatar and have a conversation in the game space. It’s kind of social media.

Roblox postponed while preparing for an IPO for $8 billion at the end of last year. This is because I saw the public offering doubled on the first day of Airbnb’s listing. It was decided last month that it would be listed directly on the New York Exchange for $29.5 billion in February, as it was judged’I can’t get the proper price with the IPO.

When listed directly, companies not only 1) save various fees for IPOs, and 2) there is no’lock-up’ that prevents existing shareholders from selling stocks for a certain period of time like IPOs. Originally, the downside was that the direct listing was not able to draw money by issuing new stocks like an IPO, but at the end of last year, SEC regulations changed and this became possible (new stock issuance OK). There is no reason to do an IPO?! (Investment banks are a big deal)

However, it is somewhat unclear whether Roblox will be listed in February as scheduled. According to a recent report by Reuters, the SEC raised a question to Roblox about how revenue is recognized in its financial statements. Therefore, the listing plan will be postponed due to the financial statement update. Will Roblox be listed anytime? Investors are on the verge of throat. by Ants Lab

From boarding.  giphy

From boarding. giphy

Anyone who didn’t have wheat when the price of wheat falls, doesn’t have it when the price of wheat rises.

– -Oldly a trader of the Budapest grain exchange in Hungary-

The conclusion is your investment!

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