SK Innovation said on Friday at its shareholders’ meeting that it cannot accept demands made by LG Energy Solution in the pair’s settlement negotiations after the ruling made by the International Trade Commission (ITC).SK Innovation director Lee Myoung-young said it was impossible to accept demands

EO Technics CEO Sung Kyu-dong said on Friday that the uptick in the global semiconductor and printed circuit board (PCB) markets will help the company’s growth in 2021.The increase demand for chips will continue to help the company’s growth, the CEO said at its shareholders’ meeting.EO Technics was

South Korean battery equipment maker Mplus said Thursday that it was expecting double digit growth in 2021.Mplus CEO Kim Jong-sung said the company strengthened its sales staff to win orders from new customers in Europe and was expecting noticeable results this year.Both sales and operating margin r

Nanobrick said on Thursday that it will launch materials with adaptive transmittance and color used in display panels.The company will develop these materials using its own active nano platform, which it uses to make functional materials.Nanobrick has launched a variety of materials using the platfo

Kokam has placed orders for equipment that will be used in its new factory at Eumseong.The new factory is planned to have a production capacity of 2GWh per year, twenty times that of its factory at Nonsan. The company’s current capacity is 100MWh. The new factory is planned to go live within 2021. I

South Korean display equipment maker Hims is aiming to reduce its reliance on OLED equipment this year from sales in new areas.Hims CEO JH Kim said at its shareholders’ meeting on Wednesday that the company has been preparing to enter the semiconductor equipment and software businesses for the past

Intel is planning to spend US$20 billion into building two new factories in Arizona, while restarting its foundry business.Intel CEO Pat Gelsinger said on Tuesday that the foundry market will grow to be worth US$100 billion in 2025. The US chip giant will secure production facilities in Europe and U

LG Display CEO said on Tuesday that the company will beef up its safety management standard going forward.Company CEO Jeong Ho-young’s comment at its shareholders’ meeting comes after a worker died following a gas leak at one of the firm’s plant in South Korea.Jeong said the company was still invest

The CEO of SK Hynix said on Sunday the importance of memory will become more important in the era of digital transformation.Company CEO Lee Seok-hee, speaking at the 2021 IEEE International Reliability Physics Symposium (IRPS), said the company will overcome various material, structure and reliabili

South Korea’s SK Group and Chinese automobile giant Geely on Thursday said they will form a joint fund worth US$300 million to invest in the new mobility sector.The pair will each put in US$30 million first then seek global investors such as European banks and Asian pension funds to pitch in the res

Samsung Electro-Mechanics has extended its contract on patents related to multi layer ceramic capacitor (MLCC) with Murata Manufacturing, CEO of the Korean company confirmed on Wednesday.Company CEO Kyung Kye-hyun was responding to questions from shareholders during its annual shareholders’ meeting.

Shareholders of Samsung Electronics were in fierce disagreement over whether company vice chairman Lee Jae-yong should remain in his post following his conviction and jail term from bribery charges, during the company’s annual shareholders meeting on Wednesday One shareholder, who said they were mem

Samsung SDI is expected spend over 1.7 trillion won to expand its battery facilities this year.The company held its 51st annual shareholders’ meeting on Wednesday. Three motions, which included the naming of two new directors, were passed without a hitch.Samsung SDI CEO Jun Young-hyun said the compa

Samsung Electronics said on Tuesday that it has been named the exclusive supplier of 4G/5G RAN and core to Canadian telco SaskTel.It is the company’s third order from Canada, after first entering the market there in 2019.Samsung will provide 4G/5G radio units, massive MIMO, software for virtualized

Nsys will aim to supply electrode equipment to LG Energy Solution’s third factory at its battery plant in Poland this year, the company said on Tuesday.The company was also considering setting up a subsidiary in Poland, if it succeeds in winning the new orders from LG, it said.Nsys has consistently

AMD on Monday unveiled its new Gen 3 Epyc 7003 Series CPU aimed at data centers.The chip, codenamed Milan, aws the world’s fastest CPU for servers that will double the workload performances in high performance computing, cloud and enterprise, AMD CEO Lisa Su said at the online event for the unveilin

LG Display CEO Jeong Ho-young, who was named the new chairman of Korea Display Industry Association (KDIA) earlier this month, vowed to build an ecosystem together with the government, industry and academia.Jeong said he would focus on the association’s four main goals, which are: strengthening tech

Posco Chemical CEO Min Kyung-zoon said on Monday that the company will accelerate its shift in business focus to battery materials going forward.Speaking at the firm’s 50th annual shareholders’ meeting at Pohang, Min said the company will expand its investments into marketing-leading technology and

Samsung Display was reviewing potential investments to expand its production of organic light emitting diode (OLED) for notebooks, according to UBI ResearchSpeaking at an online conference on Thursday, UBI Research CEO Choong Hoon Yi also said Samsung Electronics will unlikely to use Samsung Display

LG Display CEO Jeong Ho-young has been named the new chairman of Korea Display Industry Association (KDIA).He is the eighth chairman of the association and was named to the post on Tuesday, a KDIA spokesperson said.Out of around 190 members of the association, a hundred sent their written approval o