South Korea’s FNS Tech has signed on with Samsung Display to supply KRW 11.2 billion worth of color filter development equipment to its new QD production line – the Q1.FNS Tech issued the disclosure on the deal on Feb. 20, according to industry sources on Mar. 2. In 2019, the company had signed a KR

South Korea’s HFR has been chosen to supply 5G fronthaul for Verizon, the largest telecom company in the US, according to a report by Hana Financial Investment on Feb.26.On the back of the deal, HFR is likely to post annual revenues of up to KRW 302.2 billion and an operating profit of KRW 39.7 bill

Samsung Electronics is planning to ship up to 8 million QLED TVs this year, up nearly 50% from last year’s 5.3 million in a bid to widen its gap with key rival LG Electronics in the high-end TV market, according to industry sources on Feb. 27.Samsung’s market share in the global QLED market was arou

Korean manufacturer mPLUS has supplied stacking equipment for making batteries to China’s SVOLT Energy Technology, formerly the Battery Business Unit of Great Wall Motor, according to industry sources on Feb.28.Like most Chinese battery makers such as CATL and BYD, SVOLT manufactures mostly square-t

Korea’s Philoptics is looking to triple revenues of its battery equipment-making business this year compared to 2019, according to the company on Feb.27.At a shareholders’ meeting held at its headquarters on this day to vote on a spinoff of its energy business division, the company indicated it is a

LG Chem has signed a deal with US-based EV startup Lucid Motors to supply it with cylindrical type batteries from the end of 2020 to 2023, the firm said on Feb. 25. The volume or amount of the deal was not publicized.LG Chem will be supplying 21700 batteries using NCM811 for the EV-maker’s Lucid Air

Korea’s largest maker of display manufacturing equipment SFA has made great strides in China’s lamination market, including bagging an order for cover glass lamination-making equipment from China’s largest display maker BOE.Industry sources said on Feb. 19 that SFA signed a KRW 129.1 billion deal wi

The growth of Fingerprint on Display (FoD) sensors this year will hinge on whether they get installed in LCD panel smartphones, with a myriad of manufacturers working on the technology, according to industry sources on Feb. 21.Due to the panel structures, only OLED display smartphones have been depl

Kolon Industries’ mass production lines for transparent CPI film are running on full capacity, according to the company during its fourth quarter earnings report on Feb. 20.“Our CPI mass production lines are running on full capacity, and we are currently testing film to apply to different areas,” sa

Swedish battery maker Northvolt is using battery-making equipment from Lead China, according to industry sources on Feb. 20. The exact size of the deal was not revealed.Considering that another manufacturer – CIS – involved in much less in terms of production had bagged a KRW 40 billion deal with No

Korea’s JNTC said on Feb. 20 that mass production of cover glass has begun from BNJ – its joint venture with China’s largest display maker BOE.The products will be purchased by BOE, which is projected to supply curved OLED panels to Huawei’s premium smartphone, the P40 Pro, scheduled to be released

US-based startup Inpria, which develops next-generation EUV lithography technology, has secured Series C investment worth USD 31 million, according to the company on Feb. 20.The round was led by Japan’s JSR, which had previously invested in Inpria. Korea’s SK hynix and Taiwan’s TSMC Partners also jo

Over the past 10 years, the energy density of EV batteries appears to have gone up by three-fold to around 300Wh/Kg, according to Bloomberg NEF (BNEF) on Feb. 21. Battery pack prices, at the same time, fell an esimated 87% over the same period to reach USD 135 per KWh.This means that EVs can now dri

Beginning in March 2020, LG Display is scheduled to begin setting up equipment at its E6 line for producing touch-integrated Touch-on-Cell (ToC) OLED panels for Apple’s iphones due out in the latter half of this year, industry sources said on Feb. 21.Since 2019, LG Display has been mass -producing T

Samsung Electronics Vice Chairman Lee Jae-yong made rounds at the company’s Hwaseong facilities in Gyeonggi Province on Feb. 20 to take a look at the V1 EUV semiconductor production line.Lee said that the company has made the first step towards fulfilling its aim of becoming the world’s No.1 system

Samsung SDI has begun expanding its EV battery facilities in Europe, beginning with its plant in Hungary in a bid to snare orders in the latter half of this year.Industry sources said on Feb. 19 that in line with such moves, Samsung SDI has tapped South Korea’s Philoptics on purchasing stacking equi

SK Innovation will be applying laser tab-welding technology to its EV battery-making lines in Georgia, US to catch up with its cross-town rival LG Chem, according to industry sources on Feb. 17.This marks the first time that the company has been identified to use such technology in its battery produ

SemiFive is pursuing Series A investment after securing a KRW 9.1 billion seed-level investment in 2019, according to industry sources on Feb. 17.With aim to close the round by early May at the latest, the firm is approaching key institutional investors based on a valuation at around KRW 100 billion

Korea’s Segyung Hightech was the sole supplier of the special protective film for the cover windows of Samsung’s Galaxy Z Flip unveiled on Feb. 12, according to industry watchers. This marks the second time for the firm to supply Samsung after providing transparent PI film for the Galaxy Fold launch

US International Trade Commission (ITC) made a preliminary ruling in favor of LG Chem over SK Innovation on their ongoing legal battery over electric vehicle (EV) battery trade secrets, according to the LG affiliate on Feb. 15 (local time.)"ITC has accepted our claims and made a default judgment wit