OLED material maker P&H Tech is aiming to double its production capacity this year, the company CEO said on Thursday.CEO Hyun Seo Yong said the company was aiming for 19.3 billion won in sales and return to profitability in 2021. Last year, the company posted 8.5 billion won in sales and operating l

SoluM is aiming to surpass BOE in electronic shelf labels (ESL) within the next three years to become the world’s largest vendor, CEO Jun Sung Ho said on Wednesday.In 2019, BOE acquired France’s SES Imagotag, which is the world’s largest ESL maker. Ranked second is Sweden’s Pricer. SoluM is third.So

Jahwa Electronics has sold close to 90% of the production equipment and raw materials at its camera module factory in Vinh Phuc, Vietnam, TheElec has learned.The company had exited the camera module business in the first half of 2020. It entered Samsung Electronics’ smartphone camera module supply c

Over a million 8K TV is expected to be sold in 2021, according to Deloitte.8K TV is increasing market share in the over US$2,500 TV market as average sales price continues to drop.Deloitte said around a million 8K TVs priced at around US$3,300 is expected to be sold this year for sales of US$3.3 bil

Major South Korean camera lens firms saw their earnings decline in the third quarter.In 2020, Sekonix posted 272 billion won in sales as of the third quarter and operating loss of 14.8 billion won. In sales, it is a decline of 26% from a year ago. The company turned to the red in the period.Other co

Amotech’s multi layer ceramic capacitor (MLCC) has received product approval from Samsung Electronics’ network business, TheElec has learned.The approval paves the way for Samsung to approve mass production for Amotech if the pair decide to collaborate later.Amotech may began supplying MLCC to Samsu

Shindo ENG Lab was the exclusive supplier of laminator that attach the hinge frame and OLED panel in Samsung Electronics’ foldable phone, TheElec has learned.The company has supplied 28 laminators so far. Shindo supplied 15 units in the first half and 13 in the second half.Shindo was expecting lamin

US Corning is at the final stage of development for its cover glass for foldable phone, the company said on Thursday.The launch of the glass next year will intensify competition with Germany’s Schott to supply them to Samsung.A Corning spokesperson said the firm was at the final stage of the develop

Samsung Electro-Mechanics CEO Kye Hyun Kyung was instrumental in Chemtronics being chosen as the preferred bidder for the company’s wireless telecommunication module business, TheElec has learned.Kyung has considered the synergy between the business and those of the supplier’s after the purchase is

South Korean semiconductor board makers are positioned to benefit from Taiwanese counterpart Unimicron’s fire in one of its factory.Unimicron’s supply of flip chip chip scale package (FC-CSP) for application processes to Qualcomm will now be shifted to Samsung Electro-Mechanics, LG InnoTek and Daedu

Global smartwatch sales increased 6% in the third quarter of 2020 compared to a year ago, according to market research firm CounterPoint.Apple controlled around half the market share in the quarter, while Samsung saw its sales increase by around 60% compared to a year ago.Cupertino had a market shar

Vietnamese smartphone maker VinSmart, a part of Vingroup, is planning to launch self-developed smartphones overseas, TheElec has learned.The company launched three new smartphones that it designed on its own in the second half of 2020.VinSmart is now eyeing to expand to markets such as North America

Iljin Materials said on Tuesday that it will be building a new copper foil factory in Hungary.The Hungarian Investment Promotion Agency (HIPA) said the new elecfoil factory will be built at Godollo just outside of Budapest.The new factory will take up a space of 50 million meter-square and produce 1

South Korean component maker SoluM is setting up offices abroad to better react to demand from customer Samsung Electronics.The company set up its office in Noida, India in September. The office, which will focus on production, will go live next year. SoluM is planning to operate an office in Mexico

PI Advanced Materials will supply low permittivity polyimide (PI) films to Samsung Electronics for the Galaxy S21 smartphones.The company will be supplying its modified PI film with even lower permittivity this time around for use in flexible printed circuit board for the 5G antenna.PI Advanced Mate

Chemtronics has been named the preferred bidder by Samsung Electro-Mechanics to buy its wireless telecommunication module business, TheElec has learned.The deal is thought to be worth in the mid-100 billion won range. Samsung Electro-Mechanics will be handing over production facilities and equipment

Apple may use components made by Samsung Electro-Mechanics for its folded zoom camera on iPhones launching in 2022, people familiar with the matter told TheElec.Samsung Electro-Mechanics will supply components such as actuators and lens to LG InnoTek, a long-time supplier of camera modules to Cupert

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

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

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