📉 Samsung Heavy Industries: A Tug-of-War Between Pre-Earnings Slump and U.S. Expansion - 2026.07.20

Wow, did you see the Samsung Heavy Industries chart today? It’s a real cliffhanger. 📉

KOSPI collapsed under the weight of the semiconductor shock, and Samsung Heavy Industries also dropped -5.61% to close at 21,050 KRW ^[1]. Foreigners net sold 7.22 billion KRW, while institutions net sold 390 million KRW... It's not that institutions are only selling, but the selling pressure from foreigners is weighing heavily on the stock price ^[2]. Since it dropped to 20,900 KRW, it seems we are testing the bottom of the 21,000 KRW box range. But then again, is this for real? There might be no need to panic sell just based on short-term volatility. Carrot says to look at the big picture hidden behind the numbers. 🥕

U.S. Investment is Gaining Momentum 🇺🇸

Short-term prices are shaky, but the mid-to-long-term story is still very exciting. The entry into the U.S. market is becoming official. Along with Minister Kim Jung-kwan's visit to the U.S., CEOs of the three major shipbuilders are scheduled to meet with the U.S. Secretary of Commerce. Analysis also suggests that Coupang could be a variable in the race for U.S. investment ^[3]. Notably, Samsung Heavy Industries is in final coordination for its U.S. market entry by establishing partnerships with U.S. shipbuilders like General Dynamics NASSCO ^[4]. Since the U.S. government prohibits the construction of naval vessels abroad, increasing touchpoints with local companies is key, and Samsung Heavy Industries is handling this well. ^[4]

There is also news that the U.S. Department of Defense and Navy sent a Request for Information (RFI) to the three major Korean shipbuilders regarding their capacity to build combat ships and medium-sized refueling ships ^[5]. This is seen as a stage to officially verify the capabilities of the Korean shipbuilding industry, and Samsung Heavy Industries, along with HD Hyundai and Hanwha Ocean, is evaluated to have begun securing leadership in U.S. naval vessel orders ^[6]. It is a crucial time to strengthen local competitiveness ahead of the full implementation of the MASGA policy.

Proving Technological Prowess: AiP for SMR Container Ships 🚢

There has also been significant progress in technology development. The conceptual design for a 15,000 TEU container ship powered by a Molten Salt Reactor (MSR), jointly developed by the Korea Atomic Energy Research Institute (KAERI), KRISO, and Samsung Heavy Industries, has received Approval in Principle (AiP) from the American Bureau of Shipping (ABS) ^[7]. This is a major milestone in strengthening competitiveness in carbon-free fuel ship technology. Additionally, there are reports that the company is seeking differentiation in the shipbuilder OS competition through its 'SAS' system, which enhances ship data utilization ^[8]. This is a good example showing the status of digital and autonomous navigation technology development.

Green Light for Additional FLNG Orders 🛢️

In the offshore plant business, things are also heating up. As the U.S. energy company Delfin initiated investment for its second FLNG vessel, positive signals for additional orders for Samsung Heavy Industries have emerged ^[9]. This news could serve as an important momentum for expanding the offshore plant business.

Earnings on the 24th: Cash Flow is Key 💰

Everything converges on the Q2 and first-half earnings results to be announced on Friday the 24th at 4:00 PM ^[10]. Large-scale investment plans by the Samsung Group, which decided to invest a total of 60 trillion KRW into humanoid robots and the construction of a high-value-added ship base at Samsung Heavy Industries in Geoje, are also drawing attention ^[11]. We need to watch whether this investment leads to securing future growth engines and how it will impact immediate earnings.

Carrot's Chart Analysis 📊

Currently, the stock price is testing support at the 21,000 KRW level. Although it fell to 20,900 KRW, the key point is whether it will rebound from the bottom of the 21,000 KRW box range or break further down. While foreign selling is strong, institutions are slightly net buying, so I don't think market sentiment has completely collapsed. ^[2]

네이버뉴스 · 2026.07.20

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"Strike while the iron is hot"... Gyeongnam

네이버뉴스 · 2026.07.20

📰 View original

📉 Samsung Heavy Industries: A Tug-of-War Between Pre-Earnings Slump and U.S. Expansion - 2026.07.20

U.S. Investment is Gaining Momentum 🇺🇸

Proving Technological Prowess: AiP for SMR Container Ships 🚢

Green Light for Additional FLNG Orders 🛢️

Earnings on the 24th: Cash Flow is Key 💰

Carrot's Chart Analysis 📊

📰 Reference News (11)

Semiconductor shock, KOSPI

[Featured Stock] Foreigners

Kim Jung-kwan visits U.S. this week... 'Coupang' becomes a variable in the race for U.S. investment

Final coordination underway for first U.S. investment in 'Energy and Shipbuilding'

Why the U.S. chooses Korea

U.S. expansion sets sail in earnest with Hanwha Ocean's first home run

KAERI and KRISO obtain AiP for SMR-powered large container ship

[Shipbuilder OS Competition] ④ Samsung Heavy Industries, 'SAS' enhances ship data utilization - fetv.co.kr

U.S. Delfin initiates investment for 2nd FLNG... 'Green light' for additional Samsung Heavy orders - Maritime Press

[Weekly Economic Outlook] Samsung Electronics

"Strike while the iron is hot"... Gyeongnam

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