Seoul Viosys, like its parent company Seoul Semiconductor, has posted record sales in the third quarter of 2020.Seoul Viosys posted 9.5 billion won in operating profit and 120.7 billion won in sales in the quarter, an increase of 256% and 33%, respectively.Operating margin rate stood at 7.9%.Seoul V

LG InnoTek said on Wednesday that it was existing LED business.It the first official confirmation from the company itself that it was doing so.Last year in October, LG InnoTek has already decided to exit the LED business and told its retailers that it was planning to halt LED chip and package produc

Semiconductor and display panel equipment company LAT is aiming to grow by a 100% next year.It will need to enter Samsung Display’s supply chain for organic light emitting diode (OLED) production.Samsung Display and LG Display will also need to expand their investment into OLED panels.LAT CEO Park K

Samsung Electronics will launch the Samsung Flip, its 60-inch range interactive digital flipchart, in Europe next year, aimed at the education sector there.Chemtronics, which contract-produces the flipcharts, will likely benefit from the expanded sales plan.Samsung’s Visual Display (VD) business pla

The Korea Display Industry Association (KDIA) said on Wednesday that it will form a consortium of companies to help them with exporting equipment, components and materials related to display panels to China.The consortium will hold online talks with Chinese panel companies in Wuhan, Chengdu and Shen

Samsung Display has received licence the US Department of Commerce to export some OLED panels to Huawei, TheElec has learned.The company is the first to receive the licence for a South Korean firm.US sanctions against Huawei went into effect on September 15.LG Display, Samsung Electronics and SK Hyn

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

Bare board testing company Bioptro is expecting sales between 17 to 18 billion won in the its 2020 fiscal year thanks to a rise in demand from China, the company said on Friday.It will be up to a 40% growth year over year for the period between April, 2020 to March 2021.Bare board testers (BBT) are

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

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

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

LG Display has singed an organic light emitting diode (OLED) partnership agreement with Disney StudioLAB, a subsidiary of Walt Disney.The partnership will last threes, the South Korean display panel maker said. Disney StudioLAB is Disney’s research arm that works on advanced filming and editing tech

Seoul Semiconductor said on Tuesday that it has supplied its SunLike LED to a kindergarten in Slovenia.The company collaborated with European lighting company LED Luks to supply the LEDs, it said.Seoul Semiconductor supplied its lamp dubbed ARUN, which has Sunlike LED applied. The lamp comes with a

3D cover glass maker JNTC is planning to invest US$100 million to construct a third factory in Vietnam, the company said.The factory will be built near Hanoi where its Vietnamese subsidiary JNTC Vina is located.The facility will take up a space of 73,000 meters-square, the South Korean glass manufac

Amotech’s multi layer ceramic capacitor (MLCC) business is being negatively impacted by US sanctions against Huawei.The COVID-19 pandemic has also delayed its MLCC production schedule.The company initially expected sales from MLCC to be reflected in the first half of 2020 but this will now be pushed

LG Electronics has begun sales of its rollable TV in South Korea.LG Signature OLED R will cost 100 million won (US$87,000).The TVs will be displayed on the company’s premium stores, starting with LG Electronics Best Shop in the affluent Gangnam district.The TV has a 65-inch OLED screen that can roll