LED maker Wooree E&L is expected to post around one billion on in operating profits and 30 billion won in sales in the third quarter.It will be double the operating profits of the previous quarter and 10% increase in sales quarter over quarter.A rise in demand in liquid crystal displays (LCD), which

SK Telecom will launch its wireless earphones, or true wireless stereo (TWC), called Nugu Buds next month, the company said on Monday.It will cost less than 100,000 won, the carrier said, claiming that it will be the most price competitive model in South Korea.Apple Airpods cost 199,000 won in the c

Samsung Electronics and art trading platform company Union Art Fair has used Frame TVs in their art exhibition, the South Korean tech giant said.The pair showed off art pieces using the TVs at Space-XX art center in Seoul starting on October 9. The exhibition will end on Tuesday.Three Frame TVs were

LG Chem had 96 out of the 499 patents related to organic light emitting diode (OLED) emission materials that were made public in August, according to UBI Research.Patents are usually shown in public registers a year and a half after they are filed.Samsung Display had the second most patents in Augus

LG Electronics has posted its highest ever quarterly profits in the third quarter of 2020.The South Korean electronics maker said it expects operating profits of 959 billion won and sales of 16.92 trillion won in the quarter.It is a rise of 22.7% and 7.8%, respectively, year over year.South Korean a

Samsung Electronics has posted 12.3 trillion won in operating profits and 66 trillion won in sales in the third quarter, the company said on Thursday.Sales rose 24.6% from the previous quarter and 6.5% year over year. Operating profits was 50.9% higher than the previous quarter and 58.1% year over y

LG Electronics will launch its OLED rollable TV, the LG Signature OLED R, next month.The company has sent invites for the launch event to VVIPs and opened a dedicated homepage for the TV, the company said.The event will last from October 14 to 19.The rollable TV is expected to be priced at around 10

Samsung Electronics has unveiled the Galaxy S20 Fan Edition (FE) smartphones at an unveiling event on Wednesday.The smartphone will begin sales on October 2 globally.Samsung said the phone has a premium design and has all the features from the Galaxy S20 launched earlier this year such as a smooth s

Samsung Display has stressed that its plan to produce QD (quantum dot) display panels next year was on schedule at an industry meeting on Wednesday.The company took part in the 27th business reorganization planning review meeting held at the Korea Institute for Advanced Technology (KITA) building Se

LG Chem has sent a task force to Poland to reorganize its factories there, TheElec has learned.The South Korean battery giant aims to improve management efficiency, clear inventory and secure a stable yield rate at its factories in Kobierzyce near Wroclaw.The four month reorganization has already st

Seoul Semiconductor has won its patent lawsuit in the US, the company said on Tuesday.The court in California has ordered a permanent injunction against LED products made by Philips and Feit that were sold by The Factory Depot.Philip’s signage affected by the injunction use Lextar’s LED package and

Samsung Display has sent a request to the US government for a license to allow it to sell panels to Huawei, TheElec has learned.LG Display, meanwhile, was reviewing the matter, people familiar with the matter said.Last month, the US Department of Commerce made it explicit that foreign-made goods tha

Samsung Electronics will reportedly halt operations of its TV factory in Tianjin, China, according to local media Ijiwei.The factory will halt operations in late November, the report said. Samsung was discussing compensation with employees and is planning to sell the factory to local OEMs.Samsung ha

Chinese display giant BOE is aiming to ship over 40 million units of flexible organic light emitting diode (OLED) panels this year, the company said in its conference call for the first half of 2020.The company shipped 16 million units of 6th generation flexible OLED panels in the first half, it sai

Samsung Electronics has launched a new projector for home cinema called The Premiere, on Wednesday.The high tier version has triple laser technology where different lasers are used for the colors red, green and blue.The budget model has a single laser.The high tier version can project up to a 130 in

LG Electronics said on Wednesday its 8K OLED TV has been recognized as the best TV to realize Nvidia’s GeForce RTX Series GPU.The US chip giant demonstrated its new GPU series on LG’s 88-inch 8K OLED model on Tuesday.LG’s Signature OLED 8K has over 33 million pixels and supports 60Hz refresh rate at

KEC has clinched a supply deal with Tesla to provide them with LV MOSFET TVS used in digital cockpits, the company said on Tuesday.Supply for the chips will begin in 2021.They will be used for over-voltage protection and over-current protection on touch screen liquid crystal display (LCD) panels on

South Korean telco LG Uplus will export its augmented reality (AR) education content to its Japanese counterpart KDDI, the telco said.KDDI will call the service Magic Library, which will launch next month in Japan.LG Uplus said the service has over 230 English children’s book from publishers such as

Hansol Technics is expected to begin contract producing TVs for Samsung Electronics.The company saw sales from Liquid Crystal Display (LCD) module, or LCM, increase substantially in the second quarter.The company said it posted 27.8 billion won in sales from electronics component businesses during t

Samsung Electronics said on Wednesday that its smart TV has received the Tried and Tested Accreditation from the UK’s Royal National Institute of Blind People (RNIB).The South Korean tech giant has been collaborating with the RNIB since 2013 to increase accessibility of TVs for those who are visuall