SK Telecom said on Thursday that it has launched a 5G edge cloud service with Amazon Web Services.It has launched its first AWS Wavelength Zone in Daejeon. This will be expanded to Seoul and other areas next year.SK Telecom said apps accessing the cloud will bypass internet and regional web sites an

South Korean semiconductor equipment maker APTC has successfully commercialized a new polysilicon etching kit called LEO WH, the company said on Wednesday.A new etching kit called NARDO M can be used to not only etch polysilicon but metal layers has also been commercialized, the company said.Both eq

Tesla CEO Elon Musk said in a tweet that he had contacted Apple CEO Tim Cook to discuss potentially selling Tesla but Cook refused the meeting. The tweet was made after it was reported that Apple is planning to launch an autonomous car of its own with electric vehicle batter. So far, Apple has refus

Semiconductor IP company CEVA will focus on offering automotive digital signal processor (DSP) IP to South Korea next year, the company said.CEVA was founded in 2002 and offers DSP IP and related software for companies. In 2014 it acquired RivieraWaves and in 2019 it bought Hillcrest Labs to expand

SKC will integrate its semiconductor material and components businesses to subsidiary SKC Solmics.SKC’s CMP pad, black mask and wet chemical businesses, together valued at around 151.3 billion won, will be transferred to SKC Solmics for shares. SKC Somics will issue around 80 million shares to SKC f

Chinese display maker Tianma is aiming to ship 40 million OLED panels next year.Out of that total, 20 million units is aimed to be flexible OLED panels, the company said on Wednesday.The goal is half of BOE’s aim of shipping 40 million flexible OLED panels, which was announced in August.According to

Gigalane on Tuesday said it will launch a capital increase of 21 billion won through share offering.A share will be priced at 2,283 won. This is double the conversion price of its 110 billion won of convertible bonds it issued this year.Shareholders Kepler Value Partners and Neoplux will each buy 11

Samsung Electronics on Wednesday said it has held its third completion ceremony for students of its software academy program.The company started the Samsung Software Academy For Youth (SSAFY) program back in December 2018. 1623 students have enrolled with 1009 of the finding recruitment in related f

A total of 2.8 million foldable smartphone was shipped in 2020, according market research firm CounterPoint.Samsung’s phones accounted for 73% of them, the firm said.The Korean tech giant had launched the Galaxy Z Flip smartphone early this year and Galaxy Z Fold 2 in September.Europe accounted for

LG Electronics will split off part of its business to form a joint venture with Canadian automobile component maker Magna International, the companies said on Wednesday.LG will split of its green business, part of its vehicle component solution business, to form a new wholly owned company. Magna wil

EcoPro will take part in LG Energy Solution’s electric vehicle battery recycling business, TheElec has learned.It is South Korea material maker’s first deal with LG in 8 years. EcoPro halted precursor supply to LG back in 2012.EcoPro has multiple subsidiaries that can produce cathode and have techno

Samsung Electronics on Tuesday said it will hold a First Look event for new TV line-ups on January 6 online.The event will start on 11am, January 6 EST. It will be streamed on Samsung Newsroom website and the company’s YouTube channel.Samsung is expected to unveil new 4K and 8K QLED TVs at the event

Hanmi Semiconductor on Tuesday said it has launched its latest version of its flagship semiconductor production equipment Vision Placement 8.0.The new kit can be used for semiconductor cutting, cleaning, inspection and sorting.Vision Placement 8.0 was developed to meet demand for cutting of ultra-fi

The global open RAN market will be worth US$3.2 billion in 2024, according to estimates by market research firm Omdia.It is a 33% increase from Omdia’s previous estimation of US$2.4 billion. Last year, the open RAN was worth only US$70 million.Carriers were leading the way for open and virtual RAN d

Chinese display panel maker Visionox has begun operations of its flexible OLED factory at Guangzhou, according to local media Ijiwei.The company held a ceremony to mark the start of operations on Sunday. It previously said it will build two lines at the factory using China-made equipment and materia

Samsung Electronics said on Tuesday that its Samsung TV Plus service for its smart TVs will be available in double the number of countries.Samsung TV Plus is a free video service provided by the tech giant. It was launched in 2015.The service is available currently in 12 countries. Australia and Bra

South Korea battery equipment makers Hana Technology and Korea Vacuum will supply their goods to Tesla for the latter’s battery production, TheElec has learned.They join their compatriots Daebo Magnetic and Koem in joining the US car giant’s supply chain for battery production.Tesla is planning to p

South Korean chip maker DB HiTek has decided to increase the price of semiconductor contract production, or foundry, by up to 20%, TheElec has learned.The company decided to increase the price due to high demand for foundry services globally, people familiar with the matter said. DB HiTek has also s

The launch of new consoles PlayStation 5 and Xbox Series X this year will lead to increased TV shipment next year, according to market research firm Omdia.The year 2020 is the second time that Sony and Microsoft has launched their gaming console in the same year.PlayStation 4 and Xbox One were both

Samsung Electro-Mechanics CEO Kye Hyun Kyung was instrumental in Chemtronics being chosen as the preferred bidder for the company’s wireless telecommunication module business, TheElec has learned.Kyung has considered the synergy between the business and those of the supplier’s after the purchase is