Korea's One Week 'Memory 150 Trillion' Surprise Expectation Rises, Noted by the Whole World | The Reason Korea Attends Even Though Not a NATO Member is 'Defense Industry' | Kwon Soon-woo 3PRO TV Reporter

Summary

The episode reviews three key market topics ahead of Samsung Electronics' Q2 earnings: expectations of a combined 150 trillion won operating profit with SK Hynix, the memory cycle outlook and Chinese competition risk, favoring SK Hynix over Samsung due to lower China exposure and stronger AI ties. It also covers Korea's attendance at the NATO summit to capture defense export opportunities, highlighting a Canadian submarine competition where Korea is surprisingly competitive. Finally, it details Doosan Enerbility's surging gas turbine orders from data centers and a potential new large nuclear power plant project in Korea that could act as a major catalyst.

• Samsung Electronics Q2 earnings expected July 7, with combined Samsung+SK Hynix 150 trillion won operating profit possible
• Memory cycle remains strong with no near-term obstacles except structural Chinese competition from CXMT and YMTC
• SK Hynix preferred over Samsung due to lower legacy DRAM exposure to China and higher NVIDIA AI-related HBM demand
• Korea attends NATO summit as non-member to promote defense exports, already the 2nd largest arms supplier to NATO
• Canada submarine competition pits Korea against Germany, with Korea's track record and fast delivery giving it a 50/50 chance
• Doosan Enerbility saw its first overseas gas turbine export last year and has already booked 7 units for North American data centers in Q1
• Gas turbine prices have tripled, and further orders from big tech are expected; SMR hype is premature, gas turbines are the real revenue driver
• A new large nuclear power plant project could emerge to power the Yongin semiconductor cluster, benefiting Doosan Enerbility as a key supplier