LG Electronics said on Thursday that it has recorded 18.78 trillion won in revenue and 540.7 billion won in operating profit during the third quarter.Sales is its highest for a quarter ever and an increase of 22% from the same time period in 2020.Operating profit dropped 49.6% year-on-year from its

Bare board tester (BBT) maker Bioptro has secured orders for BBT for up to February of next year, TheElec has learned.The testers will be used for chip board testing. High demand for chips is also increasing orders for equipment such as BBT.BBT inspects the electric characteristics of printed circui

LG Chem said on Wednesday that it plans to form a joint venture with Japan’s Toray to build a battery separator factory in Hungary.The pair have agreed to form LG Toray Hungary Battery Separator Kft, with each owning half of the stakes of the new company.LG Chem will acquire 20% more stake from Tora

Samsung Electronics said on Thursday that it has recorded 73.98 trillion won in revenue and 15.82 trillion won in operating profit during the third quarter this year.Its operating margin rate was 21.4% during the quarter.Revenue was its best for a quarter ever while operating profit was its second-h

Samsung Display has placed orders for equipment to its suppliers that it plans to use for its new mobile OLED production line, which will likely be called A4E, TheElec has learned.The new production line will use Gen 6 (1500x1850mm) substrates to manufacture small OLED panels that will be used in sm

The vice chairman of LG Corp, the holding company of the LG business group, will become the new CEO of LG Energy Solution.LG vice chairman Kwon Young-soo will take the top job of the South Korean battery maker after votes from shareholders and the board.Kwon had previous headed the battery business

APS Holdings said on Thursday that it has become the largest shareholder of digital X-ray firm Astel.The company spent 2 billion won to secure 31% of the shares in total.APS Holdings had already bought 14.6% of the shares back in 2012 with 600 million won.The company said the latest acquisition will

The prices of epitaxial wafers that are used in logic chip production are expected to continue their current increase due to high demand.There are polished wafers and epitaxial wafers. Polished wafers are made out of polycrystalline silicon and are used mostly in memory chip production.Epitaxial waf

LG Display has begun development of its own under display camera technology (UDC), TheElec has learned.The South Korean display panel maker was also currently developing hole-in display technology, sources said.Hole-in display punches a hole on the top side of OLED panel so that the front camera mod

The mobile inertial measurement unit (IMU) market is expected to be worth US$838 million in 2026, according to Yole Development.IMU uses the accelerometer, gyroscope or magnetometer within the device to report the angular rate and direction of a moving object,It is used in smartphones and tablets to

Solidvue will lead a government-backed project worth 3.3 billion won to develop a CMOS lidar sensor and AI SoC for application to a fixed lidar.The company was founded in 2020 is comprised of professors from Sungkyungkwan University and UNIST that focuses on lidar sensors.Solidvue will collaborate w

Image: TheElecMore and more South Korean battery production equipment makers are expanding into the battery material market.As battery cell makers wrapping up their latest facility expansions, these companies are hoping to supply them with materials for new sales.Such companies include Cowin Tech, Y

Semiconductor startup Qualitas Semiconductor is eyeing the advanced semiconductor market such as those used for data center with its high-speed interconnect IPs, CEO Duho Kim told TheElec in an interview.Kim said the interconnect IP business requires knowledge of circuit design for both analog and d

BOE, CSOT and Samsung Display were all developing the OLED panel that Samsung Electronics plans to use on its Galaxy A73 smartphone launching next year, TheElec has learned.The mobile business of Samsung Electronics will evaluate the OLED panels made by these three display panel makers and decide ho

Samsung Electro-Mechanics said on Friday that it was ending its rigid flexible printed circuit board (RFPCB) business. It has been manufacturing the boards at its factory in Vietnam.RFPCB is used to connect the OLED panel with the main board. It has flexible and rigid characteristics, which makes pr

Partron was supplying the camera modules for the around view monitor on the digital side mirror of Hyundai Motor’s GV60 which launched earlier this month.A Partron spokesperson said the company also plans to collaborate with Hyundai Mobis, the component arm of Hyundai Motor, to supply the infrared c

Samsung Electronics was developing the technology to keep the distance between pixels to early-0.5mm for MicroLED TVs that are under 100-inch in size.This has allowed the company to reduce the distance between pixels by over 10% __ the distance between pixels for its 110-inch MicroLED TV was 0.63mm.

Samsung Display saw its smartphone OLED panel shipment increase 24.6% quarter-to-quarter during the third quarter thanks to the launch of iPhone 13, according to data from UBI Research.The South Korean display panel maker shipped 124.76 million units of the panels during the third quarter, the analy

Synopsys Korea said on Thursday that it plans to form a semiconductor IP development research center in South Korea to hire more local talents and strengthen customer support.Synopsys offers TCAD/OPC solutionㄴ used to develop semiconductor processes and devices. It also offers design and verificatio

LG Electronics said on Tuesday in its earnings guidance that it is expecting sales of 18.78 trillion won and operating income of 540.7 billion won for the third quarter this year.Sales increased by 22% from a year ago and is its highest quarterly figure to date.However, operating profit dropped 49.6