The battery back-end equipment company PNE Solution forecasts that this year's results will be the largest since the year of the company's establishment. Sales and operating profits are both expected to grow at the same level as last year.Jeong Dae-Taek, the CEO of PNE Solution, met with reporters a

LG Innotek held the 43rd regular general meeting of shareholders at LG Seoul Station building on the 22nd and passed all five agenda items, including the appointment of CEO Jung Chul-Dong as an internal director. The agenda items were △ approval of financial statements △ partial amendment of the art

Lee Seok-Hee, CEO of SK Hynix, said, "We will strengthen our original competitive edge in the semiconductor business."CEO Lee said at the 71st General Shareholders' Meeting held at the headquarters of Icheon City in Gyeonggi Province on the 22nd, "The unprecedented boom of the last two years in the

Automotive semiconductor maker IA Inc succeeded in localizing power semiconductors for high power module (HPM: High Power Switch Module) and entered the final verification stage. In the second half of the year, IA Inc may replace Infineon Technologies, a German power semiconductor company, of which

Display and semiconductor equipment maker YEST, which suffered a sharp decline following its rapid sales growth, conservatively announced its sales target for this year. It is expected to generate sales of 100 billion won, which sits between their 2017 sales (150.4 billion won) and last year's sales

Samsung executives were embarrassed by the protests of minority shareholders at the General Shareholders' Meeting.Samsung Electronics held its 50th General Shareholders' Meeting at the Multipurpose Hall on the 5th floor of its Seocho Building, Seoul, at 9:00 am on the 20th. On the day, more than 1,0

At SK Innovation's Seosan plant, electric vehicle battery cells are being produced.SK Innovation is targeting the US EV battery market.According to industry sources, SK Innovation will launch a groundbreaking ceremony for the Battery Plant in Commerce City, Jackson County, Georgia this week. SK Batt

SEMES, a subsidiary of Samsung Electronics and the largest semiconductor display equipment maker in Korea, is restructuring.The key is to sort out the liquid crystal display (LCD) equipment business. LCD equipment accounts for most of the sales of the SEMES display equipment business, but the decisi

Wooree ETI, an electronic component maker, has changed its name to ‘Wooree BIO’ and is seeking out a new frontier in the bio industry. The company also revealed the goal of achieving sales of 50 billion won within three years in the bio-business.Wooree ETI announced its plan to change its name and p

A local media source, Commercial Times (工商時報), reported on the 11th that He Zhaoyang, CEO of Taiwanese polarizer maker Cheng Mei Materials Technology (CMMT), said, "We raised the selling prices of polarizers shipped from Kunshan factory in China. And material polarizer maker SAPO in Shenzhen, China,

“The factory bathroom was made to the level of Hotel Silla.”These are the words of Young-Gwan Lee, President of Toray Advanced Materials Korea Inc. In a lecture titled “Success Story of Toray Advanced Materials Korea Inc.” held at POSTECH in Pohang, Gyeongbuk Province on 13th, President Lee said, “W

It is expected that Android phones with 3D sensors will surge this year. Due to the expansion of time-of-flight (ToF) 3D sensors, which are cheaper than conventional structured light (SL) 3D sensors, the possibility of applying 3D sensor modules to entry-level smartphones has been increased.DigiTime

AMOGREENTECH has announced its intention to achieve sales of 30 billion won in its battery business this year.On the 12th, AMOGREENTECH announced this goal at the IPO IR held for general investors at the Korea Exchange in Yeouido, Seoul. In addition to its flagship business, flexible printed circuit

Iljin Materials a secondary battery core material subsidiary of Iljin Group, announced on March 7th that they will invest 300 billion KRW for the second expansion of its Malaysian plant, which is their first overseas plant.Iljin Materials Co., will expand their second and third factories at the same

SK Innovation will build its second electric vehicle (EV) battery plant in Hungary. It will spin off its materials business, including Li-ion battery separator (LiBS) and polyimide (PI), as a subsidiary.On February 27th, SK Innovation announced that it had voted for the establishment of a second pro

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

Gyo-Young Jin, the head (President) of the memory business division of Samsung Electronics Device Solution (DS) will assume the position of the 11th President of the Korea Semiconductor Industry Association.President Jin was elected as the President based on the unanimous vote by the board of direct

Entegris, a specialist in semiconductor materials in the US, and Versum Materials announced on April 29th (local time) that they will unify as a merger of equals based on the unanimous decision of each company’s board of directors. This will create a semiconductor material company worth 10 trillion

Domestic semiconductor inspection equipment maker SEMICS will work with Spirox in Taiwan to accelerate its entry into the Chinese market. On the 29th, Spirox announced that SEMICS' inspection equipment brand OPUS has been included in its sales portfolio in China and Taiwan. Spirox is a distributor o

SK Hynix's future growth direction is defined as artificial intelligence (AI). It has been reported that Vice Chairman Park Sung-Wook, who retired from being the SK Hynix CEO at the end of last year, gathered an organization to present the company’s R&D vision for AI as a future technology & growth