The top three fab equipment manufacturers in South Korea are expected to post record earnings in 2021 from record spending in the global semiconductor and display industries.Semes, a subsidiary of Samsung Electronics, recorded its highest ever sales in 2020. Its previous record was 2.03 trillion won

KNW said on Monday that it has completed the acquisition of Solvay Korea.The company acquired 4 million shares for 20 billion won.KNW has secured fluorine (F2) and sulfur hexafluoride (SF6) businesses through the acquisition. The chemicals are used for semiconductor production and as insulators in g

Merck said on Friday that it will be changing the name of its performance materials business to electronics.The name change was part of its strategic realignment for the past couple of years, the company said. It was part of its Bright Future program that started in 2018, Merck said.“The renaming of

AP Systems said on Wednesday that it has recorded 591.8 billion won in sales and 46.2 billion won in operating income for the entire year of 2020.It is a jump of 28% and 63%, respectively, from 2019. It is the company’s highest annual operating profit on record.Improvement in produce mix for semicon

LG Display said on Tuesday that it will form a new position of chief safety and environment officer (CSEO) to strengthen its safety policies. The CSEO will have authority level to that of a CEO on safety matters, the company said. The officer will be able to order production and facilities to be sus

Global chip sales is expected to remain strong in 2021 but also challenging and will require bold actions from the government for US to capitalize on them, a senior executive of the semiconductor industry said on Thursday.In 2020, industry sales for the year ticked up 6.8% from the 2019 total, reach

Earnings of South Korean display equipment manufacturer Leading Edge Technology (LET) in 2021 will rely on how much foldable smartphones Samsung can ship.LET is Samsung Display’s exclusive supplier of laminator, used to stack ultra-thin glasses that act as cover windows on the foldable panels.The co

Iljin Materials said on Tuesday that it has begun supplying 2 micrometers ultra thin copper foils to Samsung Electronics.They are used for semiconductor packaging.Japanese companies such as Mitsui previously dominated copper foils that are 2 micrometers-thin but Iljin began development of them in 20

Applied Materials is expecting wafer fab equipment investments in 2021 to hit record numbers.Investments into semiconductors recovered in 2020 and this momentum is expected to continue throughout 2021, company CEO Gary Dickerson said at Applied Materials’ conference call for its fiscal first quarter

South Korean telecom component maker Ace Technologies have won a contract from UAE-based telco Etisalat to supply in-building antenna, the company said on Tuesday.The company is expected to sign another contract for the supply and began shipping the antenna to the telco in the second quarter.This is

Optical film company Shinwha Intertek has manufactured and supplied optical films for display to Japanese tech giant Sony.This will be its first supply to Sony. It has previously supplied its films to Samsung Electronics and TCL.Shinwha Intertek said on Tuesday that it held a ceremony to commemorate

South Korean display equipment manufacturer SFA was developing technologies for the production for next-generation display panels, the company CEO said.SFA was actively developing transfer, bonding, inspection and repair technologies as competition between MiniLED, quantum dot organic light emitting

Auros Technology’s share price for its upcoming IPO has been set at 21,000 won, the company said on Monday.It will aim to secure 39.9 billion won from its listing on KOSDAQ on February 24. The price was set after its demand forecast in which 1,413 institutional investors participated in.Auros Techno

Samsung Electronics’ injunction lawsuit filed to the US International Trade Commission against Ericsson is based on four patents related to semiconductor manufacturing, TheElec has found.Samsung’s import ban filed on February 4 is based on four of its patents, which it claims Ericsson has infringed

Key Foundry said on Tuesday that it will offer its third-generation 0.18 micrometer Bipolar-CMOS-DMOS (BCD) process to customers.BCD process combines bipolar process that controls analog signals, CMOS to control digital signals and DMOS for high power processing, into one chip.It is mainly used to p

SK Nexilis said on Tuesday that it may build its fifth copper foil factory at Jeongeup a month sooner than initially planned.This will mean the factory could go live as soon as 2021 and began selling copper foil within the year.Company CEO Kim Young-tae said at its fourth quarter conference call tha

Auros Technology said on Monday that it was close to winning a new order from China within the month.A company spokesperson said results remained to be seen but the situation has been positive up to now.If Auros win the contract, it will be supplying its DRAM production equipment.Company CEO Lee Jun

Two researchers at Samsung Display received jail terms on Friday for leaking the company’s technology related to organic light emitting diode (OLED).The Suwon District Court sentenced the two researchers, a 47-year-old and a 38-year old, to two years in prison for violating South Korea’s industry te

Applied Materials CEO Gary Dickerson warned of the impact of artificial intelligence (AI) to the environment at his keynote speech during Semicon Korea on Friday.Dickerson said if AI data centers are built with the current technology, data centers will be consuming 15% of global power by 2025.This c

SK Hynix has vowed to provide employees with stock ownership plan and improvement in its profit sharing plan on Thursday amid backlash by employees from low bonuses.The company has reached an agreement with labor union. SK Hynix offered three proposition and the union agreed. The three were: to use