Printed circuit board (PCB) maker TLB is aiming to be listed on KOSDAQ.The company split-off from Daeduck Electronics back in 2011. It was originally the thin lamination board business of Daeduck.It has turned in its security report to financial authorities on Monday. Its IPO is expected next month.

Battery equipment maker Hana Technology is aiming for sales of over 100 billion won, it said at its IPO press conference on Friday.The company said it posted 55.1 billion won in sales in the first half of 2020. It had 29.7 billion won in remaining orders as of August and is very likely to meet its t

Nepes Ark has finalized its share offering price for its upcoming IPO at 26,500 won.A total of 1,013 institutional investors took part in its demand forecast from November 2 to 3.Nepes Ark is aiming to secure 62 billion won from being listed.The company specializes in testing system semiconductors.I

SK Hynix will triple its sales from its NAND flash memory business in the next five years following its acquisition of Intel’s NAND unit, company CEO Lee Seok-hee said on Wednesday.Speaking at the company’s third quarters conference call, Lee said the company aims to become a top memory player, not

Applied Materials and BE Semiconductor Industries (Besi) will collaborate in developing die-based hybrid boding equipment solution, the companies aid.The two will collaborate in developing the co-development program as well as a Center of Excellence (COE) for the program.The pair will each offer the

SK Nexilis’ fifth factory at Jeongeup will began production in January, 2022, the company CEO said.Company CEO Kim Young-tae said at the company’s third quarter conference call that the factory will wrap up process change notification with its customer by the end of 2021, and begun selling copper fo

Semes, the semiconductor and display equipment making subsidiary of Samsung Electronics, is expected to post over 2 trillion won in full year sales for 2020, the company CEO told TheElec.Semes CEO Kang Chang-jin said the company has already surpassed the 2 trillion won mark as of end of October.This

Semiconductor component and material firm Mecaro said on Monday it will acquire semiconductor special valve maker KVTS.KVTS was founded in 2016 and has grown an average 18.8% per year up to 2019. It produces semiconductor valves, RTP lamp housing and HOT N2 and supply them to global semiconductor an

Finnish telecoms giant Nokia saw its shares on the New York Stock Exchanges plummet 17.28% on October 29 after its third quarters earnings announcement.The company reported operating income of 350 million euros and sales of 5.294 billion euros for the quarter.It was a drop of 7% in sales from a year

Battery production equipment maker CIS will start development of all solid-state battery production lines, the company said on Monday.The company was named to lead the Ministry of Trade, Industry and Energy’s national projects to development solid-state battery’s electrode plate and cell production

SK Hynix CEO Lee Seok-hee said on Thursday that he doesn’t believe the acquisition price for Intel’s NAND unit was expensive.Lee was responding to questions from reporters following a local tradeshow.The CEO said the price of US$9 billion reflects Intel’s competence in solid-state drives (SSD) and i

LG Chem on Friday finalized its plan to split-off its battery business.The company held a shareholders’ meeting to vote for the move. Out of its total shareholders, 77.5% attended the meeting __ 82.3% of those attending the meeting voted for the split-off. This amounted to 63.7% of issued shares wit

Semiconductor and display panel equipment company LAT is aiming to grow by a 100% next year.It will need to enter Samsung Display’s supply chain for organic light emitting diode (OLED) production.Samsung Display and LG Display will also need to expand their investment into OLED panels.LAT CEO Park K

AMD will buy rival semiconductor company Xilinx in an all-stock deal worth US$35 billion, the pair announced on Tuesday.AMD to will likely leverage Xilinx’s field programmable gate array (FPGA) to increase its competence in offerings for data centers and machine learning.Xilinx stockholders will rec

Semiconductor testing company Nepes Ark was in the process of expanding its factory at Cheongan, the company said on Tuesday.This was thanks to it securing a large customer, the company said.Nepes Ark was planning to go public on KOSDAQ in November. It said 46.1 billion won out of the total fund it

The funeral service of Samsung group Lee Kun-hee started on Monday at the funeral center at Samsung Medical Center.His son, Samsung vice chairman Lee Jae-yong, and his wife, Hong Ra-hee, and two daughters, Boo-jin and Seo-hyun, was there for the encoffining ceremony in the morning.The chairman died

Organic light emitting diode (OLED) startup Lordin will launch OLED lighting products, the company said on Tuesday.Company CEO Oh Hyoung-yun said it will develop a blue OLED material and launch lighting products that will have a different concept from what is in the market.Lordin specializes in blue

US materials company Inpria has begun production of MOx-based inorganic photoresist (PR).Its high volume manufacturing facility has gone live recently and the company will be able to service the demand for inorganic PR, Inpria CEO Andrew Grenvile said at SMC 2020 hosted by SEMI.The facility has a pr

SK Hynix will acquire Intel’s NAND memory and storage business for $9 billion, the South Korean memory maker said on Tuesday.The transaction includes the US chip giant’s NAND SSD business, NAND component and wafer business and its Dalian NAND memory chip facility in China.Intel will retain its Optan

Semiconductor equipment maker ASML posted sales of 3.958 billion euros in the third quarter, a rise of 32% year over year.The extreme ultraviolet (EUV) exposure equipment maker posted operating profits of 1.216 billion euros, an operating margin rate of 30.7% and rise of 77% year over year.ASML said