South Korean supplier Avaco is making bigger foray into China by signing a deal to provide equipment to Chinese display maker HKC, with which it first began to do business just this year, the company said in a disclosure on Nov. 7.The deal is worth 16 billion won, and it’s with one of HKC’s local co

South Korea's LG Electronics said on Nov. 5 that it has filed a patent infringement lawsuit against Chinese TV maker Hisense at a court in California, US.“We decided to go ahead with the lawsuit after Hisense ignored both our warnings and requests to stop the violation and come to the table,” said a

South Korea’s Lumens has begun supplying backlight modules (BLU) for Samsung Electronics’ laptops as of September this year, according to industry sources on Oct. 25.Lumens will be supplying around 30% of the total demand. This is the first time the firm has supplied such parts for laptops, and is n

Struggling display maker LG Display has sent home up to 20 executives – or around 17% of its executive work force – in its latest restructuring aimed to streamline its organization as it looks to move from LCDs to OLEDs in earnest.The executives who were let go included the chief of the Guangzhou-ba

Samsung Display signed MOUs with 9 equipment makers, 5 suppliers and 6 material manufacturers to join forces to create next generation displays, sources close to the matter told The Elec on Oct. 13.A few days earlier on Oct. 10, the Korean display maker held a ceremony announcing its plans to invest

Samsung Display is planning to shut down additional production lines for LCDs to the middle of next year, according to industry sources on Sept. 26.The phase 2 line at its 8-1 Asan 1 Campus in South Chungcheong Province will most likely be the target, they said. The company has already halted the ph

Deeper-I, a deep-learning company founded by a CEO from Samsung Techwin, now Hanwha Techwin, is looking for a bigger piece of the AI vision recognition market based NPU technology.“Deeper-I has developed the original technology for AI edge computing, and we have no rivals here in Korea, outside of c

On Sept. 25, LG Electronics unveiled a device for reinforcing the quality of its TVs in a move to refute Samsung’s latest criticism saying LG TVs are incapable of playing 8K images. The electronics maker also revealed a video supporting its claims and countering Samsung’s accusations.In the video, a

Samsung Display is expected to announce its plans to shift its LCD production lines to those for large-sized OLED displays in October involving 10 trillion won or more investment, according to industry sources on Sept. 24.The company is likely to place orders for related equipment after the announce

Samsung Electronics demanded for LG Electronics to stop with its negative campaigning, referring to a complaint that LG filed with South Korea’s Fair Trade Commission last week."(Such) exhaustive disputes are creating confusion among consumers and market players at a time when the business environme

LG Display had a demonstration comparing the 8K quantum dot LCDs with 4K OLED displays at the OLED Big Bang media day in Beijing on Sept. 19. The results showed the OLED panels being much more beneficial for eye health and energy efficiency."We believe the era of OLEDs has dawned in China after our

Samsung Electronics has raised its TV shipment target this year to 43 million this year, according to market research firm IHS Markit. The figure is bigger than the estimated shipment of 41.4 million for last year. Originally, Samsung had said it would ship up to 43 million.In October, Samsung shipp

Samsung Electronics Vice Chairman Lee Jae-yong said that the company shouldn’t give up on large displays despite the adversity it faces in the LCD panel business.On his fourth such onsite visit this month, Lee told executives at Samsung Display’s Asan plant in South Chungcheong Province on Aug. 26 t

It looks like China’s TCL is once again following close on South Korea’s heel, this time in the vertical TV business.On Aug. 16, TCL held an event marking the launch of its first vertical TV, the XESS in China’s Guangdong Province. Citing data from Penguin Think Tank, the TCL chief executive said th

Samsung Display has shut down the operations of some of its production lines for Gen-8 (2200㎜ x 2500㎜) LCDs, according to industry sources on Aug. 13.The move, they said, appears to be a part of the so-called ‘C Project,’ involving a gradual shift towards large-sized TV OLED panels. The purchase ord

LG Display is talking with major Chinese TV maker Skyworth on selling open cell OLED panels, according to industry sources.Market watchers had expected the display maker to begin celling open cell panels as it starts running the large-sized OLED plants in China’s Guangzhou. The plant is scheduled to

Samsung Display has signed Non-Disclosure Agreements (NDA) with several major equipment makers to run production lines for large-sized OLED panels later this month.Industry sources said on July 30 that the Samsung unit appears to be wanting to keep things under wraps ahead of an official PO involvin

Samsung Electro-Mechanics’ second quarter operating profit fell far short of the market consensus due to overflowing Multilayer Ceramic Capacitor (MLCC) inventory and less-than-stellar macroeconomic conditions.On July 24, the Samsung affiliate said its second quarter revenues reached 1.95 trillion w

LG Display said in its board meeting on July 22 that it would invest an addition 3 trillion won ($2.5 billion) into the Gen 10.5 OLED production lines at its P10 plant in Paju of Gyeonggi Province.The display maker said most of the funds would be used to ramp up the monthly production capacity to 45

Samsung Display is on the verge of launching its so-called ‘Project C,’ which involves investing in large-sized OLED panels for televisions, according to industry sources on July 12.“Samsung Display could open its investment deliberation committee as soon as this month to reach a decision,” one of t