STI chose to appoint an executive from Samsung as their new CEO. It is considered as a move to strengthen their display business.On February 25, STI had made a proposal to appoint Lee Woo-suk as their new CEO at the general meeting of shareholders, which is going to be held on March 22. Kim Jung-you

Kukdo Chemical acquires Samsung SDI Anisotropic Conductive Film (ACF) business unit.According to industry sources on the 20th, Samsung SDI is in talks with Kukdo Chemical to sell its ACF division, which is the core material in connecting display panels to electronic circuits. A final agreement is ex

LG Innotek is expected to develop a triple camera to be installed on Apple’s iPhone this year.On the 15th, LG Innotek announced new facility investment of 282.1bn won. The investment targets the mobile camera module, and the investment objective is to strengthen its competitiveness in the optical so

Sekonix, the number-one maker of smartphone camera lenses in Korea, will expand its portion of the electric device business based on the stable sales at its plant in Poland. It has already been evaluated that the company succeeded in business diversification and improved its business constitution.A

The Samsung Electro-Mechanics’ car camera module will be supplied to Tesla, a US electric car company. Samsung Electro-Mechanics has been developing this project in conjunction with Samsung Semiconductor for two years.According to industry sources on the 15th, Samsung Electro-Mechanics has been mass

SKC Kolon PI’s polyimide (PI) varnish line has been put into test operation.On 12th, an SKC Kolon PI official said, “We have started trial operations. If the customer is confirmed, we will start mass production.”PI Varnish is a material required to manufacture flexible organic light emitting diodes

Despite the slowdown in smartphone sales, the camera module industry earnings outlook for the year is positive.Major smartphone camera makers such as Partron, Power Logics, MCNEX and Cammsys are expected to see improved performance as smartphones equipped with multi-cameras are increasing. Some comp

Actro, a maker of smartphone camera module actuators, will complete their Plant 2 in Vietnam in the second quarter. The existing Plant 1 in Vietnam will be exclusively used for actuators, and Plant 2 will be responsible for producing actuator parts and materials. The company plans to actively respon

Suprema, a company specialized in providing biometrics solutions such as fingerprint recognition algorithms, is expected to benefit from the commercialization of FOD (Fingerprint On Display) technology.An official from Suprema on 7th said, “we expect significant sales increase in the commercializati

The blooming Multi-Layer Ceramic Capacitor (MLCC) market has been going downhill due to the stagnant domestic economy in China and the decline in global smartphone sales. According to the industry on 7th, inventory growth in warehouses in the MLCC industry has increased due to slowdown in demand. Th

Domestic companies that supply parts to Apple are also expected to suffer difficulties for some time due to the sluggish iPhone sales. LG Innotek, which relies heavily on iPhone sales, is expected to be hurt significantly. According to the earnings reports for the first quarter of the fiscal year 20

Samsung SDI is seeking to sell its Anisotropic Conductive Film (ACF) business, which is the core material for connecting display panels and electronic circuits.According to industry sources on March 19th, Samsung SDI has been confirmed to have been involved in the sale of their ACF division. It has

A Konex-listed company focusing on Flexible Printed Circuit Board (FPCB) Bare Board Test (BBT) equipment, BiOptro, has diversified its sales by acquiring a number of Chinese customers. They plan to improve their sales structure, which has been dependent on FPCB suppliers for Apple's iPhone, and to e

Dreamtech, an electronic component maker looking to enter the KOSPI market next year, will supply fingerprint recognition modules to Hyundai Motors. The South Korea's top automaker will utilize this module to form a smart fingerprint authentication access and start-up system. This is the first time

UniTest, a semiconductor testing equipment company, has received orders from a US company for its first NAND flash memory test equipment. It is among the world's top five NAND producers.An official of the company said, "We plan to increase the sales volume starting from this initial volume."UniTest

SKCS is planning to make another leap in the electronic materials business. SKCS is trying to supply shrink-resistant film to Chinese smartphone makers. SKCS is a film specializing company established in May 2005. Its main business is various plastic films used in printing, photographic optics and s

VINATech, the Konex listed leading supplier of supercapacitors (fast-charging devices), is expected to record sales of more than 30% this year, bringing US solid-state drive (SSD) storage companies as its customers. Its earnings forecast for the next year is also bright. It is a green light for its

Phil Optics is currently expanding the overall size of its battery business, in order to reduce the impact of the decline in investment for the display business, which used to be its cash cow.On the 23rd, Phil Optics set a goal of raising its battery equipment sales to more than 50% next year in ord

SEMES, Korea’s leading semiconductor and display Equipment manufacturer announced on 21 Nov, the receiving of IR52 Jang Young-Sil Award for its Wafer Wet Clean / PR Strip Equipment ‘Lotus’.Jang Young-Sil Ward was established in 1991 by the Ministry of Science and Technology Information, and Korea In

Interest in thermally activated delayed fluorescence (TADF) and hyper fluorescence, which are referred to as the next generation of luminescence materials for an organic light-emitting diode, is increasing.Recently the display industry has been expanding the market to include large-sized OLEDs in ea