The vice chairman of LG Chem, the parent company of LG Energy Solution, said on Thursday that SK Innovation must pay a reasonable compensation for stealing trade secrets.LG Chem vice chairman Shin Hak-cheol said it was a “shame” that SK Innovation wasn’t accepting the ruling made by International Tr

Nanobrick said on Thursday that it will launch materials with adaptive transmittance and color used in display panels.The company will develop these materials using its own active nano platform, which it uses to make functional materials.Nanobrick has launched a variety of materials using the platfo

LG Electronics on Wednesday approved the motion to split off its powertrain business to form a joint venture with Magna International at a shareholders’ meeting.The new subsidiary, called LG Magna E-Powertrain, will be formed on July. Manga will buy a 49% stake in the company.The pair announced the

US President Joe Biden must reject a ruling made by the International Trade Commission (ITC) against SK Innovation in its lawsuit with LG Energy Solution, former US Attorney General Sally Yates said.The ruling threatens the creation of jobs in Georgia, where SK Innovation is building a battery plant

Samsung Electronics said on Tuesday that it will be supplying 5G equipment to Japanese telco NTT DocomoIt is the Korean firm’s first direct supply to the carrierSamsung has previously supplied 5G equipment to KDDI, Japan’s second largest carrier.The Korean company will be supplying radio units to NT

LG Chem said on Tuesday that it will be collaborating with South Korean startup Innerbottle in plastic recycling.The pair will build what they call a Plastic Eco-Platform, in which plastic made by LG Chem and bottle by Innerbottle will be collected by a distributor to be reused in the same way by th

LG Display CEO said on Tuesday that the company will beef up its safety management standard going forward.Company CEO Jeong Ho-young’s comment at its shareholders’ meeting comes after a worker died following a gas leak at one of the firm’s plant in South Korea.Jeong said the company was still invest

YEST said Tuesday that it has won a ruling in China against KDX.The Korean display and chip equipment maker will receive 90% of the payment it was suppose to receive from Chinese optical film maker as compensation, after the contract between the pair was canceled.YEST signed a US$13.65 million contr

Samsung Display said on Tuesday that it has supplied low-power OLED panels to Chinese smartphone makers Oppo and Oneplus.The company said it applied its Adaptive Frequency technology __ the name it gives for low-temperature polycrystalline oxide (LTPO) thin-film transistor (TFT) technology __ to the

SKC on Monday said it has signed a MOU to rent lands at Kota Kinabalu Industrial Mark (KKIP) in Malaysia to build a copper foil plant there.The online signing ceremony was attended by Malaysia’s Prime Minister Muhyiddin Yassin.SKC and its subsidiary SK Nexilis will rent 400,000 meter-square of land

Samsung Display will convert its OLED line dedicated to its largest customer Apple into one that makes low-temperature polycrystalline oxide (LTPO) thin-film transistor (TFT) within the first half of 2021, according to market research firm UBI Research.The South Korean display panel manufacturer’s A

Samsung Electronics said on Thursday that four models in its 2021 Neo QLED TV series has received certification for Gaming TV Performance from German electrical engineering institute Verband Deutscher Elektrotechniker (VDE).QN900, QN800, QN90, and QN85 were given the certificate for low input lag an

Flexible transparent electrode company MSWay said on Thursday that it has developed a high efficiency large-surface flexible organic solar cell electrode.The electrode, developed together with Gwangju Institute of Science and Technology, is sized 672 centimeter-square and had a photoelectric convers

South Korea’s SK Group and Chinese automobile giant Geely on Thursday said they will form a joint fund worth US$300 million to invest in the new mobility sector.The pair will each put in US$30 million first then seek global investors such as European banks and Asian pension funds to pitch in the res

The Korea Automobile Association (KAA) and Korea Semiconductor Industry Association (KSIA) signed a MOU on Wednesday for collaboration.The MOU singed following the formation of a council for collaboration between the two industries on March 4.KAA and KSIA’s partnership is done in light of the recent

PI Advanced Materials said on Wednesday that it has won in its patent lawsuit against Kaneka in the US. The South Korean polyimide film maker first filed suit against its Japanese rival in August 2016 to the Central District Court of California. The suit was filed to confirm that it didn’t infringe

Samsung Electronics unveiled three new smartphones in its mid-tier Galaxy A series at an Unpacked event on Wednesday.Galaxy A52, A52 5G and A72 has optical image stabilization (OIS) cameras __ a feature Samsung applied only to flagship phones beforehand. Apple also applied OIS on its budget model iP

Samsung Electro-Mechanics has extended its contract on patents related to multi layer ceramic capacitor (MLCC) with Murata Manufacturing, CEO of the Korean company confirmed on Wednesday.Company CEO Kyung Kye-hyun was responding to questions from shareholders during its annual shareholders’ meeting.

Shareholders of Samsung Electronics were in fierce disagreement over whether company vice chairman Lee Jae-yong should remain in his post following his conviction and jail term from bribery charges, during the company’s annual shareholders meeting on Wednesday One shareholder, who said they were mem

Samsung SDI is expected spend over 1.7 trillion won to expand its battery facilities this year.The company held its 51st annual shareholders’ meeting on Wednesday. Three motions, which included the naming of two new directors, were passed without a hitch.Samsung SDI CEO Jun Young-hyun said the compa