Spending on display production equipment will drop in 2023 and 2024 compared to this year, according to analyst firm Display Supply Chain Consultants (DSCC).Spending this year will be US$12 billion but this will drop by 63% to US$4.4 billion next year.This will increase again in 2024 to US$8.3 billi

China’s BOE has been removed from the official list of suppliers for this year of Samsung published by the South Korean tech giant.Meanwhile, China’s Sunny Optical was newly added __ Japan’s Alps Electric, Nitto Denko, and Rohm were also noticeably absent.Samsung publishes its list of suppliers bian

Fab equipment coating and cleaning solution firm Komico is planning to spend at least US$30 million to expand its factory in Austin, Texas, TheElec has learned.The move is done to better react to customer Samsung’s demand there as the tech giant is building a new foundry fab in Taylor.It provides Sa

Chinese display giant CSOT is continuing to postpone the installation of equipment at its T5 factory dedicated to Gen 6 liquid crystal display (LCD) panel production, TheElec has learned.This is despite company chairman Li Dongsheng making a personal visit to South Korea during the summer when he as

Outsourced semiconductor assembly and test (OSAT) Winpac company recorded 40.5 billion won in revenue during the third quarter, a jump of 76% year-on-year.The company also recorded an operating profit of 1.2 billion won __ a return to black from last year’s operating loss.Winpac CEO Lee Han-gyu told

SK On has started installing equipment into its planned new EV battery factory in Hungary, TheElec has learned.The factory at Ivancsa will be its third factory in Europe. It plans to build two at Ivancsa and the equipment are being placed for the first one.The first factory will have an annual outpu

Fab equipment maker Nextin expects its revenue from China to double this year compared to 2021, its CEO told TheElec.China was accounting for around 70% of the company’s revenue this year, Nextin CEO Tae Hoon Park said in an interview. The company is seeing its revenue from China double this year, P

BlueOval SK, the battery joint venture between SK On and Ford, is unlikely to Chinese equipment maker for its planned factory in the US due to the ongoing trade war between the US and China.Ultium Cells, the joint venture between LG Energy Solution and General Motors, had also excluded Chinese suppl

ASML’s highly anticipated high-NA EUV equipment will begin shipping in 2024 and cost between 300 to 350 million euros per unit, CEO Peter Wennink said in a conference in Seoul on Tuesday.High-numerical aperture (NA) extreme ultraviolet (EUV) is an upgraded version of the Dutch company’s prior EUV eq

LG Display’s plan to invest in OLED on silicon (OLEDoS) production is facing delays.The company was originally expected to place orders for the equipment needed for production sometime in the third quarter.But LG Display is yet to do so and a decision is unlikely until December, sources said.OLEDoS

HB Solution will be supplying quantum dot (QD) inkjet equipment to Samsung Display by the end of this month, TheElec has learned.The equipment will be used to form the QD color conversion layer used in QD-OLED panels made by Samsung Display in its Q1 production line.HB Solution announced that it had

Samsung is planning to manufacture 59.86 units of smartphones using joint development manufacturers (JDM) next year, TheElec has learned.The company shared this plan with its suppliers in its recent meeting with them where it laid out its annual plan for 2023.Samsung currently uses four JDMs, includ

Executives of Samsung’s chip division have been more collaborative and communicative with their counterparts at partner and supplier companies since the tech giant named Kyung Kye-hyun as the division president, TheElec has learned.Multiple sources have said executives of Samsung Device Solution (DS

Fab equipment component maker BC&C is developing new products its main focus rings for new revenue.The company is developing ceramic test sockets and tantalum sputtering targets with the goal to launch prototypes sometime between 2023 and 2024, the company said.Test sockets are used to test packaged

Ford had recently made a request to South Korean battery maker SK On that many working at production equipment suppliers as a veil to learn battery production technologies, TheElec has learned.The US car giant wants its own employees to work with those from SK On when they begin installing and opera

Chinese display panel makers Tianma and CSOT are expected to resume spending and order equipment within the year, sources from South Korean equipment makers told TheElec.This is thanks to Chinese President Xi Jinping’s being expected to secure a third term during the National Congress that will last

Japan’s Canon Tokki is the leader in OLED deposition equipment and the industry is watching closely whether they will maintain this leadership in the era of Gen 8 OLED as it did the prior generations.Samsung Display and LG Display, the company’s main customers, are currently developing equipment for

SK On has recently conducted a demo test for tab welding equipment provided by South Korean equipment maker Toptec, TheElec has learned.The South Korean battery maker always asks potential new suppliers to provide a demo equipment firm.The process, called turn on, is done to gauge whether the suppli

Nextin is preparing to launch its new inspection equipment for 3D NAND.The company had co-developed the kit with Intel but will not be supplying them to the US chip giant, sources said.However, Nextin had won a supply deal with a South Korean memory chipmaker, they said.The equipment, called IRIS, i

Production equipment maker DSK has begun supplying logistics equipment to South Korean battery maker LG Energy Solution, TheElec has learned.It was supplying them through LG Electronics’ Production engineering Research Institute (PRI), not to LG Energy Solution directly, sources said.DSK had in the