Truwin said on Monday that it will supply brake pedal sensor to Chinese electric car firm NIO.It will supply 60,000 units within the first half of 2021, the company said.The sensors are used to measure the voltage when drivers press their pedals. It sends the electric signal from the measurement to

LG Electronics will unveil new InstaView refrigerators at CES 2021.The door-in-door refrigerators sports a large glass panel on the door on its right. It can be knocked on to show foods inside and their quantity.This reduces the number of times the door opens and close to prevent cold air loss, LG s

SKC will integrate its semiconductor material and components businesses to subsidiary SKC Solmics.SKC’s CMP pad, black mask and wet chemical businesses, together valued at around 151.3 billion won, will be transferred to SKC Solmics for shares. SKC Somics will issue around 80 million shares to SKC f

Samsung Electronics on Wednesday said it has held its third completion ceremony for students of its software academy program.The company started the Samsung Software Academy For Youth (SSAFY) program back in December 2018. 1623 students have enrolled with 1009 of the finding recruitment in related f

A total of 2.8 million foldable smartphone was shipped in 2020, according market research firm CounterPoint.Samsung’s phones accounted for 73% of them, the firm said.The Korean tech giant had launched the Galaxy Z Flip smartphone early this year and Galaxy Z Fold 2 in September.Europe accounted for

LG Electronics will split off part of its business to form a joint venture with Canadian automobile component maker Magna International, the companies said on Wednesday.LG will split of its green business, part of its vehicle component solution business, to form a new wholly owned company. Magna wil

Samsung Electronics on Tuesday said it will hold a First Look event for new TV line-ups on January 6 online.The event will start on 11am, January 6 EST. It will be streamed on Samsung Newsroom website and the company’s YouTube channel.Samsung is expected to unveil new 4K and 8K QLED TVs at the event

Hanmi Semiconductor on Tuesday said it has launched its latest version of its flagship semiconductor production equipment Vision Placement 8.0.The new kit can be used for semiconductor cutting, cleaning, inspection and sorting.Vision Placement 8.0 was developed to meet demand for cutting of ultra-fi

Samsung Electronics said on Tuesday that its Samsung TV Plus service for its smart TVs will be available in double the number of countries.Samsung TV Plus is a free video service provided by the tech giant. It was launched in 2015.The service is available currently in 12 countries. Australia and Bra

LG Energy Solution and the Indonesian government has signed a non-binding MOU on Friday.LG Energy Solution CEO Kim Jong-hyun and Bahlil Lahadalia, chairman of Indonesia Investment Coordinating Board (BKPM), held a singing ceremony for the agreement in Seoul.A LG spokesperson said specifics of the ag

Electronic component maker SoluM on Friday said it has turned in its registration statement to the Korea Exchange to be listed on KOSPI.The company was formed in 2015 when it split-off from Samsung Electro-Mechanics. SoluM manufacturers power modules for TVs and smartphones as well as electronic she

SK IE Technology has turned in its preliminary application to the Korea Exchange in preparation of listing on KOSPI.The company was formed in April last year by splitting off from SK Innovation. SK IE Technology produces battery separators and polyimide films for displays.SK IE Technology completed

LG Electronics on Thursday sent out invitations for its press conference at CES 2021.The South Korean tech firm said the theme of its conference will be Life is ON – Make yourself @ Home.Its press conference will start at 8am on January 11, US Eastern Standard Time. The event also been shown on LG’s

Camera module maker Cammsys said on Thursday that it will merge with security solution subsidiary BEFS.BEFS offers fingerprint readers and network security solutions. The company is planning to sign supply contracts to supply its fingerprint readers with major customers, Cammsys said.BEFS was acquir

South Korean cathode material maker L&F have signed a 1.45 trillion won deal with LG Energy Solution to supply cathode.L&F will be supplying high-nickel NCMA(nickel, cobalt, manganese and aluminum) cathode for the South Korean battery maker.The pair didn’t disclose which automobile company would get

Swedish firm claims Korean counterpart violated FRAND commitment Ericsson said on Friday that it has filed a lawsuit against Samsung Electronics in the US over violating their contractual agreements related to patent licensing.The pair are in negotiation over patent licensing fees and the lawsuit is

Samsung Display received approval from the Indian government to get financial backing for its factory in Noida, according to Reuters.The Uttar Pradesh state government signed off on a financial incentive of 48.25 billion rupees to the South Korean display panel makers Noida factory.Samsung Display i

LG Display’s Cinematic Sound OLED (CS) technology has been listed as the standard for sound emitting display by the Korean Agency for Technology and Standards.The South Korean display panel maker first launched the OLED panels that use the technology in 2016.The technology uses the display panel as

Samsung Display is transferring hundreds of its employees to Samsung Electronics’ semiconductor business as it prepares to exit the liquid crystal display (LCD) business.The display panel maker was taking application from employees for the transfer and sorting through who to send. Hundreds of employ

Shim Ik-chan, a senior vice president at Samsung Electro-Mechanics, has won an annual industry award hosted by South Korea’s Ministry of Trade, Industry and Energy.Shim was awarded at the 15th Electronics and IT Day for his contribution to the camera module industry.He joined Samsung Electro-Mechani