SK Nexilis’ first overseas copper foil factory will be located in Southeast Asia, a company executive said.The company is considering customer demand, market’s growth potential and utility bills in selecting the country to build the factory, company executive Lee Jae-hong said.Europe and US were als

Apple on Tuesday unveiled its self-developed PC processor M1.The chip will power its new 13-inch MacBook Pro, MacBook Air and Mac Mini.Cupertino has powered its iPhone, iPad and Apple Watch with its self-developed Arm-based system-on-a-chip (Soc) in the past but this is its first for its notebook se

South Korea was reliant on imports for over 70% of precursors for battery materials, a market research firm said.China will be responsible for 75.8% of production for precursors this year, QY Research said. South Korea will rank second with 13.9%, followed by Japan with 9.7%.Precursors are used to m

SK Innovation said on Tuesday that its subsidiary SK IE Technology has started operation of its battery separator factory in Changzhou, China.SK IE Technology decided to construct the factory in 2018. Construction began on March, 2019 on the factory with a production capacity of 340 million meter sq

Display equipment maker Youngwoo DSP said on Tuesday that it posted operating income of 4.8 billion won and sales of 36.1 billion won.It is a jump of 234% and 97%, respectively, from the same time period a year ago.Accumulated earnings up to the third quarter of 2020 this year was 7.6 billion won in

China has commercialized 5G standalone (SA) network.China Telecom said it will offer 5G SA services to over 300 cities in China at a press event held with Qualcomm at Guangzhou on Friday.South Korea is yet to launch 5G SA networks and is planning to use it for business-to-business applications.In Se

Hyundai Motor will install Nvidia Drive-based connected car operating system (ccOS) in all its car models launching in 2022.The OS will be applied to all Hyundai, Kia and Genesys brand cars, from the entry level to the premium level.Hyundai and Nvidia has been collaborating on the technology since 2

Printed circuit board (PCB) maker TLB is aiming to be listed on KOSDAQ.The company split-off from Daeduck Electronics back in 2011. It was originally the thin lamination board business of Daeduck.It has turned in its security report to financial authorities on Monday. Its IPO is expected next month.

U-blox is planning to expand its GNSS business to include wearables.Its GNSS platform aimed at wearables, called M10, was launched worldwide on November 6.U-blox’s Korea country manager KS Son said while the company focused on products from automobile in the past, the new M10 was made with both cons

Samsung Electronics has topped Apple in smartphone sales in the US in the third quarter, according to Strategy Analytics.It is the first in three years __ the Korean tech giant previously beat Cupertino for the top spot in the second quarter of 2017.Samsung sold 10.4 billion smartphones in the quart

Apple’s iPhone 11 was the best selling phone in China in the third quarter, according to CounterPoint.The smartphone had a market share of 4.9% in the quarter. Huawei’s 5G smartphone took second to fifth places in the rankings, the research firm said.In market share per company, Huawei was top at 45

The US’s International Trade Commission (ITC) has rejected SK Innovation’s claim that the lawsuit filed by LG Chem over electric vehicle battery technology theft is invalid.Back in August, the Central District Court in Seoul had also rejected the same claim made by SK Innovation.SK Innovation has cl

LG Chem has succeeded in optimizing its electric vehicle battery plant at Poland, TheElec has learned.The yield rate at the plant in Kobierzyce, near Wroclaw, is now close to 90%, people with direct knowledge of the matter said.Last year in October, yield rate at the plant was in the 70% range. The

Semiconductor package boding wire company MK Electron is expanding its supply of solder paste, tape and film, TheElec has confirmed.The company is seeing “meaningful” sales from solder paste and electro magnetic interference (EMI) shielding disposable films, a MK Electron official said.The materials

Kolon Industries said on Friday that it posted operating income of 28.7 billion won and sales of 957.5 billion won.It is steep drop of 44.4% in operating income and a 10.3% decline in sales compared to a year ago.Kolon said it expects demand from the automobile industry to recover. It also said it w

KT said Friday that it posted operating income of 292.4 billion won and sales of 6 trillion won in the third quarter, a decline of 6.4% and 3.4%, respectively, from a year ago.The telco said it saw labor costs rise in the quarter due to negotiations over salary.It is the only carrier out of the thre

Japan’s Murata Manufacturing expects sales from multi layer ceramic capacitors (MLCC) to decline in the second half of the 2020 fiscal year.The world’s largest MLCC maker said sales will decline 3% compared to the first half of the 2020 fiscal year, or between April to September, in the period from

LG Display will expand the production rate of its organic light emitting diode (OLED) panel factory lines dedicated to Apple, TheElec has learned.The company will expand its E6-1 and E6-2 factory lines at Paju, South Korea. LG Display is planning to put in low-temperature polycrystalline oxide (LPTO

Battery equipment maker Hana Technology is aiming for sales of over 100 billion won, it said at its IPO press conference on Friday.The company said it posted 55.1 billion won in sales in the first half of 2020. It had 29.7 billion won in remaining orders as of August and is very likely to meet its t

Posco Chemical said on Friday that it has decided to raise 1 trillion through the sell of shares. The board approved the motion on the same day.The shares will be allocated on December 9 and listed on February 3, 2021.Parent company Posco, which owns 61.3% of shares of Posco Chemical, and other exis