LG Electronics’s profit in the third quarter dropped steeply despite also recording its highest revenue figure for the quarter.The South Korean manufacturer of home appliances and TVs said in its preliminary earnings guidance that it expects revenue of 22.17 trillion won and operating profit of 751.

LG Electronics was considering using flip chip-ball grid array (FC-BGA) made by affiliate LG Innotek on its TVs, TheElec has learned.LG Innotek has been fostering FC-BGA, a high-end chip board, as its new business, so winning the electronics maker as a customer can be a much-needed boost as it can u

Fabless chip firm LX Semicon is entering the intelligent power module (IPM) market, TheElec has learned.The company has succeeded in developing a 600volt (V) IPM for use in home appliances such as refrigerators, washing machines, and air conditioners and was in talks with LG Electronics for a supply

This week, multiple acquaintances messaged me to ask whether a certain report was true.The report, made in South Korean media, claimed that Nvidia asked Samsung to change the design of their high-bandwidth memory (HBM) and that this would cause further delays in supply. Coincidentally, Samsung’s sha

AI neural processing unit (NPU) firm Aim Future will open its Series B funding round in the second half of the year, Aim Future CEO Changsoo Kim told TheElec.The startup will open the round sometime between October and November and aim to close sometime in the first half of 2025 with the aim to secu

LG Electronics is attempting to sell battery production equipment to non-LG companies.This stems from its recent failure to win orders from the joint battery factory of LG Energy Solution and Hyundai Motor in the US, sources said.LG Electronics’ Production engineering Research Institute (PRI), known

LG Electronics has sold 48 patents to Chinese smartphone maker Oppo.According to the United States Patent and Trademark Office, the South Korean electronics maker sold the standard essential patents to Oppo in November.The SEPs are related to codec, the technology needed to compress digital video an

LG Electronics CEO William Cho said on Tuesday that the company was open to equity investment and joint ventures with over-the-top content companies.In the TV market today, FAST, or free ad-supported streaming TV, platforms were gaining attention, the CEO stressed during the electronics maker’s annu

LG Electronics said on Monday that it will launch its 2024-model TVs in South Korea next month.The new models in its premium OLED Evo and QNED brands will come with upped AI deep learning and clearer picture qualities, the company said.LG OLED Evo TVs will come in 97, 83, and 77-inch sizes as well a

LG Energy Solution is attempting to outbid sister company LG Electronics for equipment orders that will be placed by its joint venture with Hyundai Motor Group, TheElec has learned.LG Energy Solution and Hyundai Motor Group’s battery-making joint venture in the US is expected to start placing orders

LG Electronics said it expects to ship fewer OLED TVs this year compared to last year due to an inadequate supply of OLED panels in the market from the economic slowdownThe South Korean electronics maker said on Friday that TVs were sensitive to consumer income and the recent economic slowdown has c

Samsung was considering applying the waterdrop hinge that it introduced with the Galaxy Z Fold 5 and Flip 5 on its foldable notebook launching next year, TheElec has learned.Waterdrop hinge allowed the company’s latest foldables to have the sides folded more tightly while reducing the crease in the

Samsung Electronics has given exclusive licensing rights of its 96 patents related to semiconductors to one of its IP subsidiaries, a move that could indicate that the tech giant may use patent lawsuits to protect its business interests in the sector.The company gave the rights over the 96 US patent

Samsung has ordered its TV and smartphone businesses to find a solution to improve their earnings, TheElec has learned.Samsung reported 63.75 trillion won in revenue and 640 billion won in operating income for the first quarter, a drop of 18% and 95%, respectively, from the same time period a year a

LG Display has begun developing a new etching technology for OLED panels that will be supplied to Apple, TheElec has learned.The technology is being prepared by the company to launch a so-called hybrid OLED panel, which uses a glass substrate like a rigid OLED panel but uses thin-film encapsulation

Chinese display panel makers monopolizing the liquid crystal display (LCD) market will in the long run threaten the TV businesses of Samsung and LG, according to UBI Research CEO Choong Hoon Yi.Yi told TheElec in an interview on Tuesday that while many see the dominance of Chinese companies in the L

LG Electronics is using OLED panels from Samsung Display for its first OLED notebook, TheElec has learned.LG unveiled its Gram Style notebook series this week, which comes in 14-inch and 16-inch models.These two models are currently being manufactured using Samsung Display’s rigid OLED panels, sourc

The Korean CEO of TCL CSOT will step back from management of the Chinese display giant.TCL CSOT CEO Kim Woo-shik, who is also senior vice president of TCL, will leave his current role and become an advisor at TCL.Kim, who previously worked at LG Display before joining the Chinese firm, had been at C

LG Electronics may launch a transparent OLED TV in 2024 at the earliest, TheElec has learned.LG Display had pitched the idea to the electronics maker earlier this year; but such a model is not slated to launch in 2023, sources said.This is likely due to the demand for consumer electronics such as TV

LG Display is expected to launch large OLED panels with micro lens array technology which will improve brightness and power consumption.The South Korean display panel maker first unveiled a 77-inch 8K OLED panel with the technology and deuterium applied at SID 2022 in May this year.Micro lens array