ESS+Solar Alliance: LG Energy Solution to Supply 1 Trillion Won to Hanwha Qcells… Solar Sector Buzzes on Musk's 100GW Remark | Kwon Soon-woo, 3PRO TV Reporting Team Lead

'ESS+태양광 동맹' LG엔솔 한화큐셀에 1조원 공급…머스크 100GW 발언에 태양광에 들썩 | 권순우 삼프로TV 취재팀장 [뉴스3]
Watch on YouTube ↗  |  February 04, 2026 at 23:11  |  33:36  |  3PRO TV (삼프로TV)
Speakers
Kwon Soon-woo — Reporting Team Lead, 3PRO TV
Jung Young-jin — Reporter, The Korea Economic Daily

Summary

Kwon Soon-woo, reporting team lead at 3PRO TV, reviews the morning market news with the hosts. The discussion covers AI-driven pressure on US software shares, the relative resilience of Korean memory semiconductors, US tariff risk for Hyundai Motor, and Korea-US cooperation prospects in nuclear power and shipbuilding. It also highlights the LG Energy Solution-Hanwha Qcells ESS/solar supply deal and Elon Musk's 100GW solar target, with implications for solar, perovskite, and US energy and agricultural exports.

  • US software stocks are under pressure on fears AI could disintermediate software interfaces.
  • Korean memory semiconductors are seen as relatively insulated because memory demand persists across AI ecosystems.
  • The US move to reinstate 25% tariffs raises downside risk for Hyundai Motor and Korean auto exports.
  • Korea may have leverage in US talks because the US needs cooperation in nuclear power and shipbuilding.
  • LG Energy Solution's battery supply deal with Hanwha Qcells is expected to strengthen a US solar-plus-ESS supply chain benefiting from IRA subsidies.
  • Elon Musk's 100GW solar production target and space data-center concept are driving interest in solar and perovskite technologies.
  • China may increase purchases of US oil, gas, and agricultural products as part of Trump-Xi negotiations.
  • AMD's OpenAI-linked demand outlook is questioned amid broader AI ecosystem concerns.
Ideas
Jung Young-jin Reporter, The Korea Economic Daily 0:32
US tariffs threaten Hyundai Motor.
The US is moving to reinstate 25% tariffs through an official publication, which would directly hit Hyundai Motor and other Korean auto exports. This creates downside risk for Hyundai until negotiations produce relief.
005380.KS MED
Kwon Soon-woo Reporting Team Lead, 3PRO TV 2:12
AI disintermediation threatens US software.
AI can let users and machines interact directly, potentially bypassing traditional software interfaces. This threatens the business models of US software companies, and the sector is already selling off; even large names like Microsoft are being damaged.
IGV HIGH
Kwon Soon-woo Reporting Team Lead, 3PRO TV 4:04
AMD's OpenAI-linked demand is doubtful.
OpenAI's influence has weakened, raising doubts about whether AMD's OpenAI-linked GPU purchase contracts will be honored. If even Nvidia's chips are not being bought, AMD's orders may be even more uncertain, making AMD shares vulnerable.
AMD MED
Kwon Soon-woo Reporting Team Lead, 3PRO TV 4:27
Korean memory demand persists across AI ecosystems.
Korea's AI exposure is concentrated in memory, and memory demand persists regardless of which AI model, GPU, or software stack wins. This makes Korean memory relatively insulated from the US software and hardware selloff and supports a decoupling trade versus falling US tech.
Korean memory semiconductors HIGH
Kwon Soon-woo Reporting Team Lead, 3PRO TV 4:52
Korea may decouple from US tech weakness.
Korea's AI linkage is mainly memory, so the Korean market has less reason to fall in lockstep with US tech and may decouple from US weakness. The speaker frames this as a relative resilience theme rather than a strong outright bull call.
EWY MED
Kwon Soon-woo Reporting Team Lead, 3PRO TV 13:00
Korea has leverage in US nuclear/shipbuilding talks.
In US-Korea trade negotiations, Korea has leverage because the US needs Korean cooperation in nuclear power and shipbuilding. These are areas where Korea is competitive and the US lacks easy alternatives, so Seoul does not need to concede excessively and the sectors stand to benefit from cooperation.
Korean nuclear power sector Korean shipbuilding sector MED
Kwon Soon-woo Reporting Team Lead, 3PRO TV 15:09
China may buy more US energy/agriculture.
In the Trump-Xi call, China signaled it could buy more US energy and agricultural products. With US control over Venezuelan oil rights disrupting China's prior purchases and with Trump needing midterm deliverables, China has a strong incentive to buy more US oil, gas, and farm goods.
XLE SOYB MED
Kwon Soon-woo Reporting Team Lead, 3PRO TV 20:25
LGES-Hanwha US ESS deal captures IRA benefits.
LG Energy Solution has signed a 1 trillion won battery supply deal with Hanwha Qcells, adding about 5GWh to a prior US supply agreement. Both companies have US factories, and combining solar and ESS should help them capture IRA subsidies and build a major US supply chain.
373220.KS MED
Kwon Soon-woo Reporting Team Lead, 3PRO TV 21:28
Musk's 100GW target supports solar demand.
Elon Musk's target of securing 100GW of annual solar panel production capacity within three years is far above the roughly 37GW of US solar additions expected over the next year. With almost all new US power capacity coming from renewables and battery storage, and with data-center power demand rising, solar and solar-panel demand should remain strongly supported.
TAN HIGH
Kwon Soon-woo Reporting Team Lead, 3PRO TV 26:58
Perovskite is emerging as cheaper next-gen solar.
Current space solar panels are mostly gallium-based and very expensive, which is a bottleneck for Musk's 100GW scale plans. The market is therefore looking for cheaper, high-efficiency alternatives, and perovskite is emerging as the leading next-generation solar technology; Korean solar stocks reacted to this.
Perovskite solar MED
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This 3PRO TV (삼프로TV) video, published February 04, 2026, features Jung Young-jin, Kwon Soon-woo discussing 005380.KS, IGV, AMD, Korean memory semiconductors, EWY, Korean nuclear power sector, Korean shipbuilding sector, XLE, SOYB, 373220.KS, TAN, Perovskite solar. 10 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Jung Young-jin, Kwon Soon-woo  · Tickers: 005380.KS, IGV, AMD, Korean memory semiconductors, EWY, Korean nuclear power sector, Korean shipbuilding sector, XLE, SOYB, 373220.KS, TAN, Perovskite solar