The final judgment on the trade secret leak lawsuit between LG Chem and SK Innovation has been pushed backed again by the US International Trade Commission (ITC).The ITC has said the final judgment will come on December 10. It is the second postponement by the agency.It didn’t say why it was delayin

Samsung Electro-Mechanics has posted operating profits of 302.5 billion won and sales of around 2.29 trillion won in the third quarter.It is a rise of 60% and 3%, respectively, year over year, the company said.It also beat South Korean analysts’ consensus of 256.1 million won in operating profits an

Seoul Semiconductor saw its operating income for the third quarter of 2020 rise 111.7% year over year.The company posted 25.4 billion won in operating income and 331 billion won in sales during the quarter.It was also a sales increase of 16.8% year over year and its highest quarterly sales ever, Seo

Samsung Electro-Mechanics will increase the number of camera modules for budget model smartphones next year to account for over 10% of its sales next year, the company said.It is the first confirmation that will be supplying camera modules for Samsung Electronics’ budget model Galaxy smartphones.Mor

Samsung Electronics today is the world’s top vendor of handsets (including smartphones) in terms of shipment.Chairman Lee Kun-hee, who passed away on Sunday, is considered the leader that made this happen.Samsung Electronics launched its first handset in 1988, the first South Korean company to do so

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

With the death of Samsung chairman Lee Kun-hee, a new era for the conglomerate has started with his son and vice chairman, Lee Jae-yong.The younger Lee has been leading Samsung since his father suffered a heart attack back in May, 2014.South Korea’s Fair Trade Commission has designated Lee Jae-yong

Samsung Electronics chairman Lee Kun-hee has passed away on October 25, Sunday, Samsung said. He was 78 years old.His death comes six years after he was hospitalized in 2014 after suffering a heart attack. Samsung said his funeral will be for family members only. Lee is survived by his son Jae-yong,

Samsung chairman Lee Kun-hee who died on Sunday at age 78 laid the foundation for Samsung Electronics to become the world’s top memory semiconductor in the world.On December, 194, when he was a director at Tongyang Broadcasting, then a subsidiary of Samsung group, he invested his personal funds to o

Semiconductor testing firm Nepes Ark is aiming to win a large order from Samsung Electronics to test CMOS image sensors (CIS), TheElec has learned.Samsung is expanding its CIS production to catch up to market leader Sony, which is making it difficult for the South Korean tech to test them all on its

Analog Devices and NEC have designed Rakuten Mobile’s 5G base station massive MIMO antenna radio unit, the pair said.The radio unit uses Analog Device’s fourth-generation RF transceiver solution.Rakuten Mobile has an open virtual RAN interface for its 5G network.NEC said it has already begun the sup

Battery protective circuit company ITM Semiconductor will enter the battery pack market for electric vehicles (EV) and energy storage systems (ESS), the company said.It will also begin battery protective circuit and pack businesses in notebooks, power tools and wireless cleaners next year, it said.I

Samsung Electronics vice chairman Lee Jae-yong has visited the conglomerate’s Vietnam operation in a four day business trip from October 19 to 22, the company said.Lee inspected facilities of Samsung Electronics and Samsung Display. He also visited the construction site of the company’s new research

Samsung Display change its display panel technology for its foldable panel that will be supplied for Samsung Electronics’ foldable smartphone launching next year to accommodate the S Pen stylus, a South Korean research firm said.Samsung Display will consider applying active electrostatic solution (A

LG Display has posted higher-than-expected earnings in the third quarter of 2020.The company posted 164.4 billion won in operating profits and 6.73 trillion won in sales in the quarter.The operating profit figure beats that of the market consensus of South Korean analysts, which expected operating p

Posco Chemical has posted sales of 388.6 billion won in the third quarter of 2020 thanks to the strong performances of its battery materials business.The company also posted operating profits of 19.3 billion won in the quarter, a decline of 30.7% year over year. But sales was an increase of 4.6% fro

Seoul Viosys has supplied its Violeds sterilization LED for air conditioners to South Korean cafe chain Baekgeumdang, the company said on Thursday.The company also supplied the LED for use at a public gym at Jongno, Seoul.Seoul Viosys has been installing the LED at air conditioners in restaurants an

Synopex’s face mask called Syno.Tex has been registered by US’s FDA, the company said on Thursday.Syno.Tex membrane filter mask has been categorized as for the general population and medical professionals, the South Korean company said.The registration opens the door for the masks to be exported to

LG Chem has posted its best quarterly performance ever in the third quarter of 2020.It posted operating profits of 902.1 billion won and sales of 7.57 trillion won in the quarter, the company said.It beats South Korean analysts’ expectations of around 730 billion won.Operating profit rose 57.8% from

SK Nexilis said on Monday that its copper foil produced at its factory in Jeongeup has been certified as the longest, widest and thinnest copper foil in South Korea by the Korea Record Institute.The company can produce copper foil thirty times thinner than the human hair non-stop for four days, it s