SoluM is aiming to surpass BOE in electronic shelf labels (ESL) within the next three years to become the world’s largest vendor, CEO Jun Sung Ho said on Wednesday.In 2019, BOE acquired France’s SES Imagotag, which is the world’s largest ESL maker. Ranked second is Sweden’s Pricer. SoluM is third.So

Intel announced on Wednesday that CEO Bob Swan will step down on February 15 and be replaced with Vmware CEO Pat Gelsinger.Swan joined Intel as a CFO in 2016, he was CFO at eBay for 9 years prior to joining. After previous CEO Brian Krzanich was fired in 2018, Swan took over as interim CEO for seven

AMD on Tuesday unveiled its new Zen 3-based Ryzen 5000 Series mobile processor at CES 2021.The CPU will be based on the 7n process. The processor will offer 17.5 use time in notebooks. It will also allow up to 21 hours of straight movie watching experience from a single charge, CEO Lisa Su said.Ryze

Skyworth on Tuesday unveiled 16 new models of OLED and liquid crystal display (LCD) TVs at CES 2021.Its XC9300 TV is offered in 55 and 65-inch sizes and have 120Hz screen refresh rate, Dolby Atmos and DTS surround sound.Some TV models will also support Google Apps.The Chinese TV panel maker said it

Intel's autonomous driving subsidiary Mobileye unveiled its autonomous vehicle strategy and latest technology gains at CES 2021.Mobileye CEO Amnon Shashua said the company has been focusing on Mobileye's automatically generated, crowdsourced high-definition maps, a driving policy based on Responsibi

Samsung Electronics’ compliance committee said Monday that it has agreed to regularly meet with Samsung vice chairman Lee Jae-yong going forward.The committee and Lee agreed on the matter at their meeting on Monday, they said.The compliance committee was formed in January 2020. It was formed as a wa

Samsung Electronics said on Wednesday that company vice chairman Lee Jae-yong held an executive meeting to discuss strategies in 6G and artificial intelligence (AI).Lee was updated on Samsung’s progress in next-generation telecommunication research, server technology and AI application to products a

Qualcomm on Tuesday said Cristiano Amon will succeed Steve Mollenkopf as CEO, effective from June 30.Mollenkopf had been the CEO since 2014 and faced patent dispute with Apple, anti-trust investigation from the Fair Trade Commission.He also led Qualcomm in the years of its rapid growth and high prof

Ericsson’s Chief Executive Officer Borje Ekholm pressured a Swedish minister to reverse a ban on including Huawei Technologies Co. and ZTE Corp. in the country’s 5G roll-out, Bloomberg reported, citing reports by local media Dagens Nyheter.Ekholm lobbied Foreign Trade Minister Anna Hallberg in a ser

Yoo Young-min, former Minister of Science and ICT, has been named chief of staff at South Korea’s Blue House on Thursday.Yoo joined LG Electronics in 1979 and had worked at LG Group for 30 years. He was executive vice president at LG CNS in 2006. He was named the Minister of Science and ICT of Presi

The Korean Information Display Society (KIDS) on Tuesday said it has named Seoul National University professor Lee Byung-ho as its 15th president.Lee is a member of four international academic society, including the Society of Information Display.The professor has was been one of three vice presiden

The controversy over Infintech’s delayed payments to South Korean display equipment maker isn’t looking close to a resolution anytime soon.The Chinese company had ordered equipment from companies back in 2018 to build a 6th-generation liquid crystal display (LCD) factory at Jiangxi, but the deadline

Soft Motions & Robotics, a software-based equipment motion control company, is expected to double its sales in 2020 from 2019.A large South Korean semiconductor equipment has expanded the use of the company’s software, which is quickly replacing programmable logic controller (PLC) hardware as Soft M

South Korean semiconductor equipment maker APTC has successfully commercialized a new polysilicon etching kit called LEO WH, the company said on Wednesday.A new etching kit called NARDO M can be used to not only etch polysilicon but metal layers has also been commercialized, the company said.Both eq

Tesla CEO Elon Musk said in a tweet that he had contacted Apple CEO Tim Cook to discuss potentially selling Tesla but Cook refused the meeting. The tweet was made after it was reported that Apple is planning to launch an autonomous car of its own with electric vehicle batter. So far, Apple has refus

Gigalane on Tuesday said it will launch a capital increase of 21 billion won through share offering.A share will be priced at 2,283 won. This is double the conversion price of its 110 billion won of convertible bonds it issued this year.Shareholders Kepler Value Partners and Neoplux will each buy 11

Samsung Electro-Mechanics CEO Kye Hyun Kyung was instrumental in Chemtronics being chosen as the preferred bidder for the company’s wireless telecommunication module business, TheElec has learned.Kyung has considered the synergy between the business and those of the supplier’s after the purchase is

LG Energy Solution and the Indonesian government has signed a non-binding MOU on Friday.LG Energy Solution CEO Kim Jong-hyun and Bahlil Lahadalia, chairman of Indonesia Investment Coordinating Board (BKPM), held a singing ceremony for the agreement in Seoul.A LG spokesperson said specifics of the ag

South Korean battery material maker Betterial said on Friday that it has developed a technologyy that can use make nano-materials such as carbon nanotube as conductive additive for batteries.Conductive additive are used between cathode and anode materials and current collectors such as copper and al

Oceanbridge CEO Lee Kyeong-ju will step down for personal reasons, the company said on Thursday.Inside director Jung Yoon-chul will replace him as new CEO, the company said.Jung was previously an executive vice president at local private equity fund Alchemist Capital Partners Korea. He previously wo