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

Samsung Electronics said on Wednesday that it will launch 21 models in its new Neo QLED TV series.This is three more than the 18 models rival LG Electronics plans to launch in its OLED TV series.Neo QLED TVs are liquid crystal display (LCD) TVs that use MiniLEDs as their backlighting. It is an upgra

Neontech was the exclusive supplier of cutting equipment for multi layer ceramic capacitor (MLCC) to Samsung Electro-Mechanics new factory in Tianjin, China, TheElec has learned.The factory began trial production in September last year. Samsung’s potential additional investment to expand the factory

Nordic Semiconductor will expand into the cellular Internet of Things (IoT) market of South Korea this year, a company executive said.Nordic has focused on Bluetooth Low Energy (BLE) so far. But starting this year, it will supply long-distance wireless technology, Sean Choi, the company’s regional s

SK Innovation has become one of the top ten electric vehicle battery suppliers in China after its local joint venture began operating a year ago.The company supplied 0.13GWh of battery for local electric cars in January, ranking eighth, according to data from China Automobile Power Battery Industry

Samsung Electronics’ subsidiary Harman has acquired a Silicon Valley-based automotive technology company.Savari has technology on 5G edge and vehicle-to-everything communications (V2X), Harman said.The company offers V2X sensor solutions and edge-based analytics for automotive and smart infrastructu

Qualcomm said on Thursday that a slew of global brands have launched devices powered by its wireless audio solutions.The companies are: Audio Technica, AVIOT, Bang & Olufsen, Belkin, Cambridge Audio, Cleer, Earin, Edifier, Glidic, Jabra, JVC, Kakao Enterprise, Naver, Marshall, Sennheiser and Yamaha.

NXP on Thursday announced its integrated time-sensitive networking (TSN) solutions for industrial automation.The solutions support CC-Link IE TSN protocol, which combines gigabit Eternet bandwidth with TSN to strengthen time sharing communication, performance, security and functionality for industri

Samsung Electronics’ application of extreme ultraviolet (EUV) lithography technology on its latest DRAM has showed fabrication benefits in scaling, expediting production and improved performance yields, according to reverse engineering analysis firm Techinsights.Samsung applied EUV technology on 1zn

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

APS Materials and Poongwon Precision has been chosen to lead a government-backed project to develop fine metal mask (FMM).The companies beat Philoptics and Olum Materials to be chosen to lead the project given by South Korea’s Ministry of Trade, Industry and Energy. APS will lead the development of

South Korea’s Ministry of Land, Infrastructure and Transport on Wednesday ordered Hyundai Motor to voluntarily recall all its Kona EV units that use batteries manufactured by LG Energy Solution.In total, 26,699 units will be affected by the recall, including Ioniq electric SUV and electric buses.Bat

Semiconductor testing solution company TSE said on Wednesday that it is supplying die carrier socket for high-bandwidth memory (HBM) testing to a global memory manufacturer.HBM are mostly supplied in die form, instead of in a molding package. The last testing on the good was using a probe card on th

Analog Devices and Volvo Cars said on Monday that Volvo XC40 Recharge pure electric SUV will feature Analog’s ICs that support battery management system (BMS) and Automotive Audio Bus (A2B).The ICs will traveling distance per a single charge, the pair said.It can be applied to hybrid and pure electr

Samsung Display on Sunday said it has joined the Responsible Business Alliance (RBA).The membership will boost the company’s environmental, social and governance (ESG) push, it said.RBA sets out and holds members accountable to RBA code of conduct based on a number of global standards to achieve a h

Battery inspection equipment maker Nsys said in its filings for its IPO on KOSDAQ that it was aiming for annual sales of 50 billion won in 2021.The company has so far showed exponential growth by offering machine vision inspection equipment for each battery production process, the company said in it

Hyundai Motor has delayed turning its recall plan for Kona EV to authorities in light of recent fires.Hyundai didn’t mention the reasoning behind its decision to delay turning in the plan to South Korea’s Ministry of Land, Infrastructure and Transport People familiar with the matter said the delay i

SK Group chairman Chey Tae-won on Friday stressed the collaboration between the industry and academia for innovation in battery technology.The chairman also said the collaboration is critical for the growth of the battery ecosystem.Chey credited the recent success in the battery industry to the coll

Coasia said on Wednesday had the most number of engineers among its competitors within Samsung Foundry’s ecosystem.The company, combined with its subsidiary Coasia Semi, had 210 engineers, a Coasia spokesperson said.By contrast, Samsung Foundry’s other design house partners Hanatec, Alpha Holdings,

Meere Company said on Wednesday that it has launched a new 3D Time of Flight camera called S.Cube.S.Cube was made by applying Meere’s ASIC chip MR1000 to Samsung System LSI’s ToF image sensor. MR1000 has a distance calculating algorithm.Meere said the new S.Cube is smaller than previous ToF cameras