Seoul Semiconductor has won a patent lawsuit it filed against a US distributor.On Thursday, the United States District Court for the District of New Jersey ruled in favor of the Korean LED maker, saying Onyx Enterprise’s LED products sold on its CARiD.com online platform violated patents related to

LG Electronics said on Wednesday that it will start sales of its premium LCD TV brand, LG QNED Mini LED, in July.Sales of the TV model will begin in the US, then expand to Japan, Europe and South Korea, the company said.The brand includes an 8K 120Hz model, an 8K 60Hz model and a 4K 120Hz model. The

Hwashin has won orders to supply components to Hyundai Motor Group for the Kona EV, Niro EV, Ionniq 5, and Genesis G80/60/EV6, TheElec has learned.These car models are built based on Hyundai’s E-GMP platform for electric cars.Hwashin said it was preparing to supply components for Ioniq 5, EV6, Genes

A total of around 470,000 units of electric vehicles were estimated to be sold in May this year, according to market research firm EV Volumes.This will be a year-on-year increase of 202%, or triple the sales of the same time period a year ago.Back in April, sales also jumped 243% from a year prior,

Automobile component maker Mando has received an award from customer General Motors.Mando received the Launch Excellence award in the US car giant’s 2020 Supplier of the Year event.The Korean company supplied brakes for Chevrolet’s Silverado pickup truck last year.Mando said it did so without hiccup

SK Hynix’s acquisition of Intel’s NAND unit has secured the approval from authorities in Brazil.Brazil’s Administrative Council for Economic Defense said it found that the deal didn’t hurt fair market competition.In October last year, SK Hynix announced that it was acquiring Intel’s NAND and SSD bus

SK Telesys said on Thursday that it will sell its telecom kit subsidiary SKC Infraservice to Pantech C&I for 78.9 billion won.SKC Infraservice offers telecom kit as well as network repair and maintenance services.The deal will be concluded by August. SKC and SK Telesys said they will use the fund fr

Smartphone metal component firm S-Connnect said on Thursday that it was supplying the hinge component to Samsung for foldable smartphones stably.The company denied a security report made by Korea Investment & Securities that KH Vatec will be the sole supplier of hinges to Samsung this year.A S-Conne

German car brand Audi said on Tuesday that it will end the production of internal combustion engine cars by 2033.The brand, a unit of Volkswagen, said it will also only launch new electric car models starting in 2026, Audi CEO Markus Duesmann said following a climate conference in Germany.Audi’s dec

Samsung Display has completed the development of the structure of its quantum dot nanorod LED (QNED), market research firm UBI Research claimed.UBI Research said it analyzed 160 patents filed by Samsung Display related to QNED to draw its conclusion.The structure of how QNED will be composed has bee

LG Electronics will begin sales of its 83-inch OLED TV in South Korea.Sales will also begin in the US this month, the company said on Monday.The TV, model name 83C1, is LG’s largest 4K OLED TV yet. Its largest OLED TV to date is 88-inch and supports 4K resolution. LG offers 48, 55, 65, 77, 83 and 88

Intel was in talks to build a chip factory in Germany, according to Reuters.Germany’s southern state of Bavaria was in talks with the US chip giant for the factory, the local Economy Minister Hubert Aiwanger said.Bavaria has suggested a disused air base in Penzing-Landsberg, west of Munich as a poss

3D cover glass company JNTC said on Monday that it has completed its third factory in Vietnam.The factory takes up 87,000 meter-square of space, equivalent to 12 football fields, and larger than its first and second factories combined, the company said.JNTC initially planned to complete the third fa

Vinatech said on Friday that it will spend 86 billion won to build a new factory to manufacture supercapacitors and membrane electrode assembly (MEA) at Wanju, South Korea.The new factory will be built on 58,494 meter-square of land at the second industrial zone at Wanju.Supercapacitors stores elect

Edison Motors and Semisysco will collaborate in the sales of electric trucks and buses, the pair said on Friday.They will use their motor, battery management system, and light car body technologies to expand their portfolio in electric vehicles and SUVs, they said.They will also continue advance the

LG Energy Solution was the largest shipper of batteries globally, excluding China, from January to April this year, according to SNE Research.The South Korean battery maker controlled a 34.9% market share during the period, overtaking Panasonic which had 27.1% for the top spot.In the same time perio

US automobile giant General Motors will expand its global spending up to 2025 on electric vehicles to US$35 billion, according to Reuters.The company is also planning unveil 30 new models of electric vehicle by 2025, the report said.Rival Ford has said it plans to expand spending into electric vehic

Electronic component company SoluM said on Wednesday that it will collaborate with Cisco to develop an electronic shelf label (ESL) integrated solution.The solution will be applicable in retail stores, offices and lockers, SoluM said.Customers can use Cisco’s existing network for the service, the co

LG Energy Solution said on Thursday that it has supplied its batteries for an energy storage system (ESS) in the US.The South Korean battery firm supplied batteries to US energy firm Vistra’s 1.2GWh ESS at Monterey, California.The ESS can power 225,000 households at peak hours, LG Energy Solution sa

LG Energy Solution was the largest shipper of batteries globally, excluding China, from January to April this year, according to SNE Research.The South Korean battery maker controlled a 34.9% market share during the period, overtaking Panasonic which had 27.1% for the top spot.In the same time perio