Samsung Electronics made minor changes in the company’s top posts in its annual reshuffle announced on Wednesday.The company said it will retain its three CEOs Kim Ki-nam of device solutions, Kim Hyun-suk of consumer electronics and Koh Dong-jin of IT and mobile.EVP Jung-bae Lee was promoted to pres

LG InnoTek was in talks with a Chinese company to sell its LED production equipment and patents, TheElec has learned.The South Korean component maker had said in October that it plans to exit the LED business.The company internally decided to sell the LED business back in 2019. The business has post

A Samsung Electronic VP has said foldable smartphones will become thinner and lighter going forward at the company’s investors forum.Foldable smartphones was a new momentum for the saturated smartphone market, Lee Jong-min, VP at Samsung Mobile, said.In June of last year, Lee had said consumers will

Samsung Electronics will expand the application of extreme ultraviolet (EUV) technology in DRAM production, the company said at its investor forum held on Monday.It will also apply double-stack technology for its 3D NAND flash to cement its leadership position ahead of rivals, the company said.Samsu

The Honor smartphone brand will own only 2% market share in terms of shipment in 2021, according to market research firm TrendForce.Huawei’s market share is expected to drop from 14% this year to 4% in 2021, the research firm also said.The Chinese tech giant is having difficult procuring key compone

PC DRAM prices in November was level with that of October, according to data from DRAMeXchange, showing that supply and demand have likely balanced out in the month.Fixed price of PC DRAM (DDR4 8Gb) was US$2.85 for the month of November, same as the their price for October.DRAM prices will likely no

Display kit maker Youngwoo DSP has clinched a 10.9 billion won order from Chinese display giant BOE for OLED inspection kits.The contract will expire on February 26 __ the deal is worth 10.8% of Youngwoo’s sales for last year.This is the South Korean company’s second contract with BOE this year. Las

Samsung SDI will apply a new high-performance separator on its next-generation batteries that will be produced at its factory in Hungary, TheElec has learned.The company is planning to apply a new separator that can withstand 200℃ of heat for its Gen5 battery to be produced at its Goed factory.The m

Dreamtech will invest an additional US$ 2million into Israeli electronic nose firm Nanoscent.Dreamtech has also secured the exclusive sales right of their co-developed electronic nose solution in South Korea, the company said.The European Investment Bank will also put in US$9.5 million into the Isre

South Korea’s Haechi Tech has supplied its electronic compass, or magnetic sensor, to Chinese smartphone giants Oppo and Vivo.The company has previously supplied its hall sensors to the Chinese pair.Haechi’s MXG4300 was installed on Oppo’s F17 smartphone that launched in India in September, a compan

LG Chem and Innox Advanced Materials have ended their patent lawsuit over organic light emitting diode (OLED) encapsulation materials.LG Chem withdrew its suit last week, people familiar with the matter said. The company filed the lawsuit in March last year.LG Chem have claimed Innox violated its pa

RAM Technology will build a new hydrogen fluoride factory that will begin operations in 2022.Once it is complete, the company’s production capacity for hydrogen fluoride will increase by six times to 13,000 metric tonnes per month, it said.The factory will be built on 23,948 meter-square of land at

SK Hynix’s factory in Chongqing, China has halted operation due to one of its employees being diagnosed with COVID-19.An employee returning from Chongqing to South Korea was found to have contracted the virus after testing on Friday, according to Global Times.The local government at Chongqing ordere

SK Telecom will merge its security subsidiaries LSH and SK Infosec into one companies.The newly formed company will inaugurate in the first quarter of 2021. After this, LSH’s wholly-owned subsidiary ADT Caps, will also be merged with the new company.ADT Caps posted 913 billion won in sales last year

LG Chem has recently completed development of its module pack integrated platform (MPI) that will reduce the modules in batteries, TheElec has learned.Batteries will be made in a similar structure to Tesla’s unibody battery pack, or in a module-less structure. It is also similar to what CATL calls c

KMW has begun supply of 4G radio unit in mass scale to Rakuten Mobile of Japan in the fourth quarter.Out of the contract worth 89 billion won, KMW had supplied 6.5 billion worth in the third quarter. The contract will expire by the end of the year.The South Korean company’s radio unit combines anten

Touch controller chip maker Zinitix has begun development of an artificial intelligence (AI) system-on-a-chip (SoC) focused on voice recognition.The company aims to produce and launch the chip within the next three years.Zinitix will oversee the design of the semiconductor. Powervoice will develop t

LG Group said on Thursday that it will split off four of its companies and form a new holding company that will manage them.Out of the 13 subsidiary of LG Corp, the group’s holding company, LG International, LG Hausys, Silicon Works and LG MMA will split off and go under the new holding company. Pan

Samsung Display will begin trail runs of its production line for Quantum Dot (QD) displays next month, TheElec has learned.The line, dubbed Q1, at its factory in Asan, was designed to produce QD-OLED(organic light emitting diode) panels. QD-OLED will be the first iteration of Samsung Display’s so-ca

TLB will begin producing printed circuit boards for DDR5 DRAM memory next year, the company CEO said on Thursday.TLB CEO Baek Seong Hyeon said the company will also begin production of PCBs for enterprise solid-state drives (SSD).It will also enter the PCB market for semiconductor production equipme