Iljin Hysolus said on Monday that it will build a new research center and factory at Wanju, North Jeolla Province.It will spend 12.6 billion won to build the center, which will research hydrogen fuel cell solutions, at the city.It will also review potential additional investment to build a new facto

The global semiconductor material market was worth US$55.3 billion in 2020, according to SEMI.This was a rise of 5% from 2019, the organization said. This year, it will grow 6% to be worth US$58.7 billion, SEMI said.South Korea, Taiwan and China will lead this growth. South Korea’s semiconductor mat

Cosmo Chemical said on Friday that its board approved its merger with Cosmo Ecochem on thursday.Cosmo Ecochem is wholly owned by Cosmo Chemical. No new shares will be issued for the merger.A Cosmo spokesperson said the merger was being done to vertically integrate the group’s battery material busine

Solus Advanced Materials said on Thursday that it is expecting sales of 88.8 billion won and operating income of 400 million won for the first quarter.This is a rise of 25.3% in sales, but a 95.5% dip in operating income.Its elecfoil business contributed 58.2 billion won in sales, its highest ever.H

SK IE Technology is planing to build its battery separator factory after 2024, the company CEO said on Wednesday.Company CEO Roh Jae-sok has also vowed to maintain its leadership in “premium” separators, during its press conference for its upcoming IPO in May.SK IE Technology is considering both fro

Samsung Display said on Wednesday that its OLED panels used in Galaxy Note20 has received the Environmental Product Declaration (EPD) certification.The certification mark is given by the Korea Environmental Industry & Technology Institute to environmentally friendly products.The institute looked at

Hana Technology said on Wednesday that it has purchased two patents related to display glass processing.The battery equipment maker bought the patents through a court auction.Laminex, which originally filed for the patents, had them sized by the Suwon District Court back in 2017.The patents 2012-000

An executive at LG Display has received the top science honor given by the South Korean government.Oh Chang-ho, executive vice president and head of TV business at LG Display, has won the Order of Science and Technology Merit for his contribution to the country’s display industry. The Order is the t

Iljin Composites has renamed itself Iljin Hysolus, the company said on Tuesday.Hysolus is a combination of Hy and Solus. Hy stands for high and hydrogen, while solus is short for solution, the company said.The new name reflects the company’s aim to provide an environmentally friendly solution to ene

Samsung Display has begun production at its OLED plant in Noida, India, TheElec has learned.The OLED display panels produced at the plant will be supplied to Samsung Electronics for the smartphones it sells in the country.According to market research firm Canalys, Xiaomi was the largest smartphone v

LG Display has seen a total of nine COVID-19 cases at one of its display plant in South Korea.The company has shut down the offices at P62 factory at its Gumi plant.All office workers have been ordered to stay at home and are being checked for the virus.LG Display said the production line there was

Hanwha Corporation said on Monday that it will build a new nitric acid factory at Yeosu City.The company will spend 190 billion won by 2023 for the new plant, which will add 400,000 metric tonne in annual production capacity.This will increase Hanwha’ total annual production capacity from the curren

LG Energy Solution and General Motors will build a second factory for electric vehicle batteries in the US, the pair announced.Their joint venture, Ultium Cells, will put in around 600 billion won for the factory. LG and General Motors will each put in 1.06 trillion won.The second factory will have

Hyundai Motor Group and SK Innovation will co-develop a pouch battery for hybrid electric vehicles, the pair said on Friday.The battery will be used on hybrid EVs launching in 2024, they said.SK Innovation had supplied the battery for Hyundai BlueOn EV in 2010. The company also supplied its battery

Seoul Semiconductor ranked third in LED package in 2020 in terms of sales. The company, citing data from market research firm Omdia, said its LED package sales grew 4.3% year-on-year, allowing to surpass Lumileds to take third place.Japan’s Nichia ranked first with US$1.766 billion in sales. Germany

Ultium Cells, the joint venture between LG Energy Solution and General Motors, is planning to build a second factory at Tennessee.The US$2.3 billion factory will be built in Spring Hill, Tennessee, according to Reuters.The batteries made in the second factory will be for Cadillac Lyriq electric cros

Samsung Electronics said on Thursday that it has launched a new automotive LED module that can be used in intelligent headlights such as adaptive driving beam systems.Called PixCell LED, they will improve driver visibility and safety, the company said.Samsung monolithically integrated more than 100

Samsung Electro-Mechanics said on Thursday that it has developed a new multi level ceramic capacitor (MLCC) which is 0402 (0.4mm horizontally, 0.2mm vertically) in size, has 1.0uF capacity, and 6.3V.MLCC delivers electricity to the core components within devices, making the capacity and voltage thei

LG Display said on Thursday that its emission of carbon dioxide equivalent (CO2-eq) dropped by 3 million tonnes in 2020 compared to 2014.The company spend 37 billion won to change the gas used in display production that led to lower emission of carbon dioxide, the company said.It also installed equi

GlobalFoundries Korea has named former Teradyne Korea president Kim Jong-ha as its new country manager.Kim will oversee GlobalFoundries’ operations, sales and marketing in South Korea.He previously worked at Qualcomm and Intel’s South Korean subsidiaries as well as Samsung’s chip business.Kim has in