South Korean battery separator firm Enerever Battery Solution said on Wednesday that it will build a new factory at Wanju, North Jeolla Province.The firm and Wanju county signed an agreement for the factory on the same day.Enerever will spend 127.6 billion won up to 2026 to build the factory on 32,7

Merck Electronics may invest over 200 million euros for the next five years in South Korea to expand its facilities in the country.The firm had agreed with Gyeonggi Province to expand investment and foster talents in semiconductors and displays together on Tuesday.Merch Electronics CEO Kai Beckmann

SK Hynix has settled its patent lawsuit with Netlist.The South Korean memory maker will pay royalties to the latter under their patent cross-licensing agreement, the company said.SK Hynix will be paying around US$40 million for use of Netlist’ patents.In 2016, Netlist filed a patent infringement law

ACM Research on Wednesday announced in South Korea that its 300mm Ultra Fn furnace dry processing equipment will support additional semiconductor manufacturing processes.The additions are: un-doped poly deposition, doped poly deposition, gate oxide deposition, high-temperature oxidation and high-tem

TSMC said on Thursday that it will invest US$100 billion in the next three years to expand its production capacity, according to Reuters.The Taiwanese chip giant also said it will work with its customers to overcome the current global chip shortage.Last year, Intel announced that it is planning to s

Iljin Materials on Wednesday named former 3M Korea president Jung Byung-kook as a new independent CEO.Jung will oversee new businesses and global sales, while current CEO Yang Jeom-sik will manage the firm’s research, technology and production of elecfoil.Jung joined 3M Korea in 1984. He was named p

Global semiconductor IP giant Arm has unveiled its new Armv9 architecture on Wednesday. It is first new architecture in 10 years since the launch of Armv8.New chips designed with Armv9 will be launched later this year.Arm said it strengthened digial signal processing (DSP) and machine learning (ML)

Battery equipment manufacturer Hana Technology is targeting over 100 billion won in sales in 2021.Company CEO Oh Tae-bong told TheElec on Wednesday at its shareholders’ meeting that it was winning overseas customers and its technology for used battery equipment and future displays were yielding resu

A former president of Samsung Electronics told an industry seminar on Tuesday that South Korea needs a national strategy so that the local semiconductor industry can leap forward again.Skylake Investment CEO Daeje Chin, who formerly headed Samsung Electronics’ semiconductor business and was a Minist

Display equipment maker JASTech said on Tuesday that it will start a new business for diagnosis kits.The new business is aimed at a post-pandemic era, the company said, as it expected demand for diagnosis kit to grow due to the increased interest in health.JASTech currently relies heavily on display

South Korean chip giant SK Hynix on Wednesday has named a new co-CEO.SK Telecom vice chairman Park Jung-ho was newly named co-CEO by the board.Park will be in charge of building the corporate culture and drawing up long-term strategy to increase SK Hynix’ global competence, the company said.Current

SK Hynix will focus on improving the profitability of its NAND flash business going forward, the company CEO said on Tuesday at its shareholders’ meeting.The South Korean memory maker invested in Kioxia in 2018. Last year, it announced that it would be acquiring Intel’s NAND business unit.SK Hynix C

South Korean battery cathode maker EcoPro BM said on Tuesday that it will develop cathode rich with manganese, or Mn-rich.Volkswagen recently announced in its Battery Day event that it will be developing LFP battery and Mn-rich battery.EcoPro BM is likely attempting to expand its market share throug

Coasia said on Monday at it shareholders’ meeting that it strengthen its camera module business this year.It will also focus on expanding its system semiconductor business, which it started in 2020, the company said.Coasia will take part in the management of Coasia Optics, formerly called Diostech,

Nain Tech will aim to have battery equipment account for over 60% of its sales in 2021, the company CEO told TheElec on Monday at its shareholders’ meeting.In 2020, battery equipment contributed around the same portion of sales to display equipment.Nain Tech’s main customer, LG Energy Solution, is e

LG Display has named executive vice president Shin Sang-moon as its first chief safety and environment officer (CSEO) on Monday.The company early this month announced the formation of the new CSEO post, following a fatal gas leak on January at its plant that killed one employee of a subcontractor.LG

System semiconductor startup Qualitas said on Monday that it will develop an 112Gb/s Serializer/Deserializer (SerDes) IP aimed at artificial intelligence (AI) and data center applications.Companies such as Cadence, Synopsys, Rambus, Marvell, Credo and Alphawave are competing fiercely in SerDes IP. Q

Display equipment maker Philoptics will aim to supply fab equipment for new growth, the company CEO said on Monday at its shareholders’ meeting.Philoptics CEO Han Ki-soo said the company was preparing to manufacture and supplying wafer bonding equipment and was aiming to win an order for them within

SK Innovation has sent a petition to the International Trade Commission (ITC) asking for a grace period on the 10-year import ban it received from the commission, people familiar with the matter said.The move is considered a way for SK to buy time to prepare for the legal battle ahead with LG Energy

Solus Advanced Materials on Friday named former SK Hynix president Suh Kwang-pyuk as a new independent CEO at its shareholders’ meeting and board meeting.He will become the joint CEO to current CEO Chin Dae-jae. CEO Lee Yoon-seok, which oversaw the company along with Chin, will step down from his po