Mediatek will acquire Intel’s power management semiconductor business for US$85 million, the company said on Tuesday.The Taiwanese company’s subsidiary Richtek Technology will buy Intel’s Enpirion.Enpirion supplies power management solution for FPGA, system-on-a-chip (SoC), CPU and ASIC.Mediatek has

Powerlogics has received Hyundai Motor Group’s standard quality (SQ) certification through car component maker SL Mirrortech.It will allow Powerlogics to supply car components for the automobile maker.Powerlogics is better known as a camera module supplier for smartphones to Samsung Electronics.The

ISC said on Wednesday that it has won a patent lawsuit against a competitor after four years for court battles.ISC first filed its suit against its rival for patent violation and requested damages. The competitor hit back with a patent invalidation lawsuit.ISC said it has won the suit in the Supreme

Seoul Semiconductor has won its patent lawsuit against in Philips in Germany.The South Korean company has now won all four lawsuits it filed against Philips there.Seoul Semiconductor won an order of a permanent injunction and recall against Philips from the district court in Dusseldorf.The court sai

Tesla will use batteries made by LG Chem for its upcoming Model Y that will begin production in the first quarter of 2021 at its Shanghai Gigafactory.It is the second supply deal for LG Chem __ it has supplied its batteries for Model 3.The South Korean battery maker will supply 21700 NCM batteries.

APS Holdings said on Tuesday that it will c-develop digital X-ray with the Electronics and Telecommunication Research Institute (ETRI).ETRI will transfer its digital X-ray generator technology to APS under the deal.APS will use the technology to develop the x-ray for use in battery inspection, high

SK Innovation will foster its electric vehicle (EV) factory at Changzhou, China as its second mother fab, TheElec has learned.Like SK’s first mother fab, its factory in Seosan, South Korea, the factory in China will supervise battery production lines abroad and also perform research and development.

South Korean semiconductor and display equipment maker saw their earnings recover in the third quarter.Semiconductor kit maker were helped by investments from Samsung Electronics and SK Hynix. Display equipment companies benefited from Chinese panel makers such as BOE and HKC increasing investments

South Korean component makers for 5G telecom kits have saw their earnings plummet in the third quarter due to slowdown in investment into 5G networks by telcos in light of the COVID-19 pandemic.KMW saw its sales drop 72% from a year ago in the third quarter. OE Solution saw sales halved in the same

Worldwide automotive semiconductor sales will contract 9.6% this year to US$38 billion, according to market research firm IHS Markit.However, this is better than IHS Markit’s early estimation that sales will contract by 20% compared to 2019 due to low demand caused by the COVID-19 pandemic.High dema

Chinese smartphone giant Huawei will sell its sub-brand Honor to a consortium formed by the Shenzhen local government.Honor accounts for around 30% of Huawei’s smartphone shipment, or around 70 million units a year, and the move will dent the Chinese tech giant’s hope of surpassing Samsung Electroni

LG Electronics has increased the TV production rate at its factory in Mexico by 30% from the same time period a year ago to better meet demand from year’s end sales event in North America, the company said on Monday.Its factory in Reynosa, in the state of Tamaulipas, was running at full capacity, th

MK Electron said on Monday that it has posted 8.6 billion won in accumulated operating income and 347.4 billion on in accumulated sales up to the third quarter.It is a rise of 156% and 38%, respectively, from the same time period a year ago.It is its highest quarterly performance in seven years __ i

Growth in the worldwide printed circuit board (PCB) market will be led by semiconductor package boards, data from electronics industry consulting firm Prismark showed.Worldwide PCB market will grow 0.3% this year to be worth US$61.5 billion.Last year, the market contracted 1.7% compared to 2018.This

Synopex posted an operating loss of 1.8 billion won and sales of 76.9 billion won in the third quarter, the company said.Sales jumped 41% from a year ago and is its highest quarterly sales in six years, the firm said.In 2015, Synopex turned its business to focus on flexible printed circuit board-bas

Hyundai Motor Group is getting more battery supplies from SK Innovation for its Kona EV, TheElec has learned.SK Innovation was supplying batteries produced at its factory in Komarom, Hungary to Hyundai’s factory in Nosovice, Czech.Hyundai’s move comes amid the recent Kona EV fire scandal, in which t

Battery pack firm Elentec has started its heated e-cigarette original design manufacturing (ODM) business, TheElec has learned.The company is hoping that the new venture will become one of its new growth engines alongside e-scooter battery packs.Elentec has supplied South Korean cigarette firm KT&G

KT offered its unmanned aerial traffic management system for a drone taxi concept.Seoul City showcased what it called a drone taxi flying from downtown Seoul to Yeouido, an island within the city.KT offered its system for the demonstration of the flight.

LG Display’s OLED TV panel has received approval from Swiss-based SGS.The panel received the certifications for reducing indoor pollution, reducing hazardous substance and for recycling values, the Korean tech firm said.LG said its OLED TV panel emitted 50% less total volatile organic compounds comp

China’s display industry will have level market share with South Korea this year, according to Omdia.China’s panel sales will reach US$42.5 billion this year with a market share of 36.3%%, the research firm said.South Korea, meanwhile, is expected to post sales of US$43.6 billion this year for a mar