Samsung Electronics said on Friday that it was promoting 214 executives in its year-end reshuffle.Earlier this week, the company announced only minor changes in the top posts. However, in terms of executive promotion, it was the largest in the past three years.Samsung named 31 executive vice preside

Samsung Electronics will launch three kinds of foldable smartphone models next year, according to OLED research firm UBI Research.Samsung Display was preparing three types of foldable OLED panels, the research firm said, which indicates three foldable smartphone models.These will likely be the Galax

Murata Manufacturing, the world’s largest multi layer ceramic capacitor (MLCC) maker, said on Thursday it will secure over 50% market share in MLCC for telecommunication and automotive sectors.The Japanese company’s target, announced at an annual conference, seems to be taking account of the expandi

Samsung Display on Thursday said it has signed an agreement with the Asan City and South Chungcheong Province to improve water quality and recycle them.Samsung Display CEO Choi Joo-sun, who was named to the top post on Wednesday, met with government officials for the signing ceremony.The company wil

Micron’s DRAM fabrication facility in Taiwan suffered an hour long blackout. The halt in DRAM supply will likely cause the prices to rise.The factory, called MTTW, produces 10-nm class DRAM. It has a production capacity of 125,000 wafers per month.The factory accounts for 30% of Micron’s total produ

Head of research at LG Energy Solution said on Thursday that battery and automobile companies must closely collaborate to resolve fires in electric cars.LG Energy Solution research director Jung Geun-chang told TheElec said it may be a textbook answer but the issue required close collaboration betwe

Qualcomm on Wednesday unveiled its latest flagship chip-set Snapdragon 888 5G mobile platform at its annual tech summit.The platform upped 5G, artificial intelligence (AI), camera, gaming and security features. It will roll out in new smartphones launching in the first quarter of 2021.Snapdragon 888

Trinamix, a subsidiary of BASF, showed off its molecular sensing technology at Qualcomm’s Snapdragon Tech Summit Digital 2020.The sensor technology, called near-infrared spectroscopy, uses infrared light to detect the molecular vibrations that distinguish different substances.Trinamix has earlier sh

SK Telecom CEO and president Park Jung-ho has been promoted to vice chairman in SK Group’s annual reshuffle.Park will also become vice chairman of SK Hynix, the chip making subsidiary of SK Telecom. He will step down as chairman of the board at SK Hynix.Park joined SK Group in 1989 and was previousl

LG Electronics said on Thursday that it will display its LG Signature OLED 8K TV at the Pushkin State Museum of Fine Arts.The TV will be displayed there up to next year, the company said.It will also provide the TVs for the American Ballet Theater in the US, as it did in 2019.LG will also collaborat

Worldwide semiconductor equipment sales increased by 30% in the third quarter of 2020 compared to a year ago, according to SEMI.Sales reached US$19.4 billion in the quarter.China accounted for US$5.62 billion of the sales, followed by Taiwan’s US$4.75 billion. South Korea was third with US$42.2 bill

Printed circuit board (PCB) maker TLB has set its share offering price for its KOSDAQ IPO at 38,000 won.A total of 1,385 institutional investors took part in its demand forecast. They account for 77% of the million shares on offer.TLB will now likely secure 38 billion won for its listing. Retail ord

Chinese company O’Film Group has been kicked out of Apple’s camera module supply chain, TheElec has learned.The US Department of Commerce had early in July designated O’Film Group among a list of eleven Chinese companies that it accuses of taking part in human rights violations against the Uighur pe

Talks between Wonik IPS and Semes for the former to buy the latter’s display equipment business is being stifled by disagreements between the pair on employee transfer and compensation.Semes have been unable to come up with a proper compensation plan for its employees, TheElec has learned.There are

Samsung Display said on Wednesday that EVP Choi Joo-sun will lead the company as the new CEO.Previous CEO Lee Dong-hoon will become an adviser to the company.Choi heads Samsung Display’s large display business and will also keep that post, Samsung Display said.Kim Sung-chul, who led the company’s sm

Semicon Light will license out its patents related to flip chip to Chinese LED maker HC Semitek.The South Korean company will began earning royalties within the year.The Chinese companies have requested for the license in October. It was gain access to around 250 patents.HC Semitek is China’s second

The global semiconductor market will grow 8.4% to be worth US$469.4 billion in 2021, according to the World Semiconductor Trade Statistics.The estimation is higher than WSTS’s early estimate of a growth of 6.2% announced in June.The year 2018 posted record sales of US$468.7 billion. WSTS’s 2020 esti

SK Hynix has resumed operation at its factory in China on Tuesday following a brief shutdown.The factory in Chongqing was ordered to shutdown on Sunday by the local government following the revelation that one of its employees have contracted COVID-19.The employee was diagnosed with the virus in Sou

LG Energy Solution, previously the battery business of LG Chem, was formed on Tuesday.President Kim Jong-hyun has been named the first CEO of the newly formed company. He was head of LG Chem’s battery business since 2018. LG Chem CEO Shin Hak-cheol has been named the chairman of the board.In his ina

Samsung Electronics was developing a 0.6 micrometer pixel image sensor.System LSI business EVP Park Yong-in said the company will supply the pixels earlier than competitors.Samsung applied ultra-small DRAM technology to its image sensors that shortened development time, Park said.Last year, the comp