Onion
July 19, 2026
🧅 Onion's Perspective: Unpacked and 2nm, Samsung Electronics' 'Sophisticated Pace Control' - 2026.07.19
Aha, the market has come alive! Although trading has been suspended since the closing price of 255,000 KRW ((-8.77%)) on July 16, structural changes surrounding Samsung Electronics have not stopped. I haven't watched the market for 30 years for nothing. Rather than being swayed by short-term volatility, we must look at the company's inherent growth engines.
🚀 Galaxy Unpacked: A Signal for a Non-Memory Rebound?
'Galaxy Unpacked 2026', to be held in London, UK on the 22nd, is just around the corner [1]. At this event, three new products, including the next-generation foldable smartphones Galaxy Z Fold 8 and Flip 8, and AI glasses, will be unveiled to the world for the first time [1]. In particular, analyses suggest that the foldable lineup will be reorganized into a three-model system, putting the launch of a 'Ultra' model in the 3 million KRW range to the test [5]. This is seen as a powerful catalyst that could lead to a rebound in Samsung Electronics' non-memory division performance, beyond just a product launch [7]. This is why the growth of the mobile and home appliance divisions is garnering attention.
🔬 2nm Process: Pacing with 'Yield' as a Weapon
The semiconductor sector is also showing interesting movements. Samsung Electronics has introduced High-NA EUV lithography equipment, a key component of next-generation micro-processes, but is delaying the start of mass production for the 2nm process [2]. This is interpreted not as a lack of technology, but as a strategy to carefully control mass production after bringing yields up to just before the stable mass production range [2]. It is a 'sophisticated pace control' that prioritizes quality and profitability over rushing blindly. Furthermore, following HBM for AI data storage, the company is aiming to expand its memory hierarchy through the development of CXL (Compute Express Link) memory, which is gaining attention as the next battlefield for AI chips [6]. It is also observed that the company is entering the 7,400 trillion KRW AI market in earnest by partnering with Japanese companies [11].
📈 Market Sentiment: 'Picked up Samsung, Dumped Hynix'
Even in a market that recently plummeted by over 6%, the choices of the top 1% of investors diverged. While they heavily bought Alteogen and Samsung Electronics, SK Hynix recorded the highest net selling, with its stock price plunging 11.53% [3]. This clearly shows the market sentiment of 'picking up Samsung and dumping Hynix' [4]. Retail investors also chose Samsung Electronics as their top net purchase on the KOSPI last week (July 13–16) [8]. The top five securities firms also maintain Samsung Electronics as their top pick for securing leadership in the global memory semiconductor market [9].
Amid the controversy over the delisting of leverage ETFs, Kim Yong-beom, the Blue House Chief of Staff for Policy, stated that delisting would be difficult as it could cause a massive shock to the market [10]. This suggests that there is room for short-term volatility factors to be resolved.
Onion believes that Samsung Electronics' new product launches and the advancement of process technology support a long-term bullish scenario. Even in a short-term correction market, we must closely examine why core capital is choosing Samsung Electronics. Interest rates fell? If rates fall, stock prices should go up; do fallen rates just go back up? I'm not joking. Listen to the applause of the market!
📰 Reference News (10)
Phones that fold like passports, AI glasses that show the way...
네이버뉴스 · 2026.07.19
📰 View originalControlling the pace even after introducing hundreds of billions worth of High-NA... The inside story of Samsung delaying 2nm mass production despite securing yields - Global Economic
네이버뉴스 · 2026.07.19
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“Picked up Samsung, dumped Hynix”... Choices of the ‘Top 1%’ diverged in a 6% crash [Truth Behind the Numbers]
네이버뉴스 · 2026.07.19
📰 View original
“Picked up Samsung, dumped Hynix”... Choices of the ‘Top 1%’ diverged in a 6% crash [Truth Behind the Numbers] - v.daum.net
v.daum.net · 2026.07.18
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Samsung switches to a 3-model foldable system... ‘3 million KRW Ultra’ on the testbed [Unpacked Preview ①] - Edaily TV
이데일리TV · 2026.07.19
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Token usage to surge 24-fold by 2030... CXL is the next AI chip battlefield after HBM
네이버뉴스 · 2026.07.19
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Imminent reveal of Samsung Electronics' 8th gen Galaxy Z... Will it lead a non-memory rebound? - v.daum.net
v.daum.net · 2026.07.18
📰 View originalInstitutions 'Daeduck Electronics', Foreigners 'SK Square', Retail 'Samsung Electronics' rank 1st [Weekly KOSPI Net Purchases - July 13–16, 2026] - Korea Financial Times
네이버뉴스 · 2026.07.19
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[Close-up] “A rebound opportunity will come anyway”... KOSPI upper limits and top picks chosen by 5 major securities firms
네이버뉴스 · 2026.07.19
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Kim Yong-beom "Delisting Samsung-Hynix leverage ETFs is difficult... would cause a massive shock to the market"
네이버뉴스 · 2026.07.19
📰 View original
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