South Korean equipment maker Top Engineering said on Oct. 24 that it has signed a 5.3 billion-won deal with China’s Henan China Top Opto to supply it with LCD equipment. This marks the first time for Top Engineering to partner with the Chinese firm.The equipment supplied by the Korean supplier are L

LG Display is looking to supply LCD panels for next-generation budget iPhones from Apple scheduled to be released early next year. Industry sources said on Oct. 21 that the panels are undergoing last-minute quality checks.The new phones are the successor to the iPhone SE released in 2016 and discont

Struggling display maker LG Display has sent home up to 20 executives – or around 17% of its executive work force – in its latest restructuring aimed to streamline its organization as it looks to move from LCDs to OLEDs in earnest.The executives who were let go included the chief of the Guangzhou-ba

Samsung Display signed MOUs with 9 equipment makers, 5 suppliers and 6 material manufacturers to join forces to create next generation displays, sources close to the matter told The Elec on Oct. 13.A few days earlier on Oct. 10, the Korean display maker held a ceremony announcing its plans to invest

Korea's Samsung Display will invest up to 13.1 trillion won to set up mass production lines and technology development for large-sized QD displays by 2025, the company said on Oct. 10.The display maker made the announcement at its Asan 2 Campus, where President Moon Jae-in and Samsung Electronics Vi

Struggling South Korean display maker LG Display underwent some heavy-duty reorganization on Oct. 4 involving moves to let go of one-fourth of the executive staff as a part of its plans to minimize the LCD business in favor of the OLED panel division.There are currently 118 executives on the LG Disp

South Korean tech equipment firm Wonik IPS spent 51.3 billion won on R&D in the first half of this year. This was more than the 40.6 billion won of operating profit it raised during the same period.The R&D expenditure accounted for 15.5% of the company’s sales, which was higher than the average 14%

Samsung Display is planning to shut down additional production lines for LCDs to the middle of next year, according to industry sources on Sept. 26.The phase 2 line at its 8-1 Asan 1 Campus in South Chungcheong Province will most likely be the target, they said. The company has already halted the ph

Samsung Display is expected to announce its plans to shift its LCD production lines to those for large-sized OLED displays in October involving 10 trillion won or more investment, according to industry sources on Sept. 24.The company is likely to place orders for related equipment after the announce

Samsung Electronics demanded for LG Electronics to stop with its negative campaigning, referring to a complaint that LG filed with South Korea’s Fair Trade Commission last week."(Such) exhaustive disputes are creating confusion among consumers and market players at a time when the business environme

LG Display had a demonstration comparing the 8K quantum dot LCDs with 4K OLED displays at the OLED Big Bang media day in Beijing on Sept. 19. The results showed the OLED panels being much more beneficial for eye health and energy efficiency."We believe the era of OLEDs has dawned in China after our

LG Display has laid out plans to streamline operations by receiving voluntary retirement for three weeks starting from Sept. 23. The announcement came a day the display maker named its new CEO, Chung Ho-young.The company also said it would be trimming down the organization in general to undergo a fa

Samsung Electronics has raised its TV shipment target this year to 43 million this year, according to market research firm IHS Markit. The figure is bigger than the estimated shipment of 41.4 million for last year. Originally, Samsung had said it would ship up to 43 million.In October, Samsung shipp

Samsung Display has decided against developing OLED material sets exclusively for Apple smartphones, meaning next year’s iPhones would likely use the M10 sets, according to industry sources on Sept. 10.“The biggest reason for not developing exclusive sets anymore is due to the slow sales of the iPho

Germany-based pharmaceutical company Merck said it would join hands with South Korea to overcome the sluggish growth of the local and global display industry at a recent academic convention held in Gyeongju on Aug. 29.Merck Managing Director Glenn Young said during its 30 years in South Korea, Merck

Samsung Electronics Vice Chairman Lee Jae-yong said that the company shouldn’t give up on large displays despite the adversity it faces in the LCD panel business.On his fourth such onsite visit this month, Lee told executives at Samsung Display’s Asan plant in South Chungcheong Province on Aug. 26 t

HB Technology, a key South Korean supplier for display testing equipment failed to bag a 25 billion-won Chinese bid for supplying display repair equipment, according to China Bidding on Aug. 19.The bidding data portal said HB’s local rival Charm Engineering will be supplying the 61 units of repair e

Samsung Display has shut down the operations of some of its production lines for Gen-8 (2200㎜ x 2500㎜) LCDs, according to industry sources on Aug. 13.The move, they said, appears to be a part of the so-called ‘C Project,’ involving a gradual shift towards large-sized TV OLED panels. The purchase ord

Samsung SDI has successfully turned over a new leaf in its polarizing film (POL) business. Hit by sluggish operation rates and intensifying market competition, the Samsung affiliate had at one time considered undergoing restructuring.But thanks to a combo of positive factors, the firm is now expecte

LG Display is talking with major Chinese TV maker Skyworth on selling open cell OLED panels, according to industry sources.Market watchers had expected the display maker to begin celling open cell panels as it starts running the large-sized OLED plants in China’s Guangzhou. The plant is scheduled to