Samsung Display on Thursday said it has signed an agreement with the Asan City and South Chungcheong Province to improve water quality and recycle them.Samsung Display CEO Choi Joo-sun, who was named to the top post on Wednesday, met with government officials for the signing ceremony.The company wil

Head of research at LG Energy Solution said on Thursday that battery and automobile companies must closely collaborate to resolve fires in electric cars.LG Energy Solution research director Jung Geun-chang told TheElec said it may be a textbook answer but the issue required close collaboration betwe

Trinamix, a subsidiary of BASF, showed off its molecular sensing technology at Qualcomm’s Snapdragon Tech Summit Digital 2020.The sensor technology, called near-infrared spectroscopy, uses infrared light to detect the molecular vibrations that distinguish different substances.Trinamix has earlier sh

SK Telecom CEO and president Park Jung-ho has been promoted to vice chairman in SK Group’s annual reshuffle.Park will also become vice chairman of SK Hynix, the chip making subsidiary of SK Telecom. He will step down as chairman of the board at SK Hynix.Park joined SK Group in 1989 and was previousl

LG Electronics said on Thursday that it will display its LG Signature OLED 8K TV at the Pushkin State Museum of Fine Arts.The TV will be displayed there up to next year, the company said.It will also provide the TVs for the American Ballet Theater in the US, as it did in 2019.LG will also collaborat

Worldwide semiconductor equipment sales increased by 30% in the third quarter of 2020 compared to a year ago, according to SEMI.Sales reached US$19.4 billion in the quarter.China accounted for US$5.62 billion of the sales, followed by Taiwan’s US$4.75 billion. South Korea was third with US$42.2 bill

Printed circuit board (PCB) maker TLB has set its share offering price for its KOSDAQ IPO at 38,000 won.A total of 1,385 institutional investors took part in its demand forecast. They account for 77% of the million shares on offer.TLB will now likely secure 38 billion won for its listing. Retail ord

Samsung Display said on Wednesday that EVP Choi Joo-sun will lead the company as the new CEO.Previous CEO Lee Dong-hoon will become an adviser to the company.Choi heads Samsung Display’s large display business and will also keep that post, Samsung Display said.Kim Sung-chul, who led the company’s sm

Semicon Light will license out its patents related to flip chip to Chinese LED maker HC Semitek.The South Korean company will began earning royalties within the year.The Chinese companies have requested for the license in October. It was gain access to around 250 patents.HC Semitek is China’s second

SK Hynix has resumed operation at its factory in China on Tuesday following a brief shutdown.The factory in Chongqing was ordered to shutdown on Sunday by the local government following the revelation that one of its employees have contracted COVID-19.The employee was diagnosed with the virus in Sou

LG Energy Solution, previously the battery business of LG Chem, was formed on Tuesday.President Kim Jong-hyun has been named the first CEO of the newly formed company. He was head of LG Chem’s battery business since 2018. LG Chem CEO Shin Hak-cheol has been named the chairman of the board.In his ina

Samsung Electronics made minor changes in the company’s top posts in its annual reshuffle announced on Wednesday.The company said it will retain its three CEOs Kim Ki-nam of device solutions, Kim Hyun-suk of consumer electronics and Koh Dong-jin of IT and mobile.EVP Jung-bae Lee was promoted to pres

The Honor smartphone brand will own only 2% market share in terms of shipment in 2021, according to market research firm TrendForce.Huawei’s market share is expected to drop from 14% this year to 4% in 2021, the research firm also said.The Chinese tech giant is having difficult procuring key compone

Display kit maker Youngwoo DSP has clinched a 10.9 billion won order from Chinese display giant BOE for OLED inspection kits.The contract will expire on February 26 __ the deal is worth 10.8% of Youngwoo’s sales for last year.This is the South Korean company’s second contract with BOE this year. Las

Dreamtech will invest an additional US$ 2million into Israeli electronic nose firm Nanoscent.Dreamtech has also secured the exclusive sales right of their co-developed electronic nose solution in South Korea, the company said.The European Investment Bank will also put in US$9.5 million into the Isre

SK Telecom will merge its security subsidiaries LSH and SK Infosec into one companies.The newly formed company will inaugurate in the first quarter of 2021. After this, LSH’s wholly-owned subsidiary ADT Caps, will also be merged with the new company.ADT Caps posted 913 billion won in sales last year

LG Group said on Thursday that it will split off four of its companies and form a new holding company that will manage them.Out of the 13 subsidiary of LG Corp, the group’s holding company, LG International, LG Hausys, Silicon Works and LG MMA will split off and go under the new holding company. Pan

LG Electronics said on Wednesday its in-vehicle infotainment (IVI) co-developed with Jaguar Land Rover was named the best connected technology by European automobile media jury Autobest.The IVI system won the SMARTBEST award 2020 by the jury. The system is on Jaguar, Land Rover and Range Rover.Autob

Telefield has clinched a 7 billion won supply deal to supply packet transport network (PTN) kit from Korea Railroad (KORAIL).The 1TB PTN kits will replace the currently used 2.5Gbps multi-service provisioning platform (MSPP) equipment.Telefield said its latest 1TB PTN offers high data transfer speed

Display panel sales in the third quarter of 2020 hit its highest in three years thanks to price rise of liquid crystal display (LCD) panels.Sales hit US$30.5 billion in the third quarter, a rise of 11% from a year ago and 21% higher than the previous quarter, according to Display Supply Chain Consul