South Korean battery makers LG Chem, SK Innovation and Samsung SDI saw their market share from January to July double from last year, according to market research firm SNE Research.The three combined had a share of 35.6%, over double that of their share of 15.9% in 2019.Chinese companies combined, h

Camera lens company Kolen said Tuesday that its largest shareholder Biolog Device will buy 100% of the allot shares of its new share issuance.Both companies are lead by CEO Yi Jae-Sun.Kolen’s latest paid-in capital increase is to secure funding to expand its factory in Vietnam.It plans to allot the

Seoul Viosys has opened its online shopping mall called Violeds Mall, the company said on Tuesday.Violeds is the name of the company’s ultraviolet (UV) LED technology that is used to kill virus and bacteria.Violeds Mall will sell the company’s portable air purifier VAC and multi-purpose sterilizer V

Posco Chemical has begun the third expansion of its Gwangyang battery anode material factory, the company said.The expansion will add 30,000 metric tonnes per year in production capacity.The factory will in total have a production capacity of 70,000 metric tonnes when the third stage expansion is co

Qualcomm has provided scholarship and its Snapdragon mobile platform for the 2019-2020 Korea Robot Championship (KRC), the company said.The event is sponsored by the US chip giant and hosted by FEST Creative Engineering Education Association.A total of 143 teams and 1,000 students participated on th

Samsung Display has sold its Liquid Crystal Display (LCD) factory in Suzhou, China to CSOT, the companies announced.COST has acquired a 60% stake in Samsung Suzhou LCD (SSL) and a 100% stake in Suzhou Display (SSM) for a total of US$1.08 billion.Samsung Suzhou LCD’s ownership structure will change t

Wonik IPS will acquire parts of the display business of Semes, the equipment subsidiary of Samsung Electronics, for 82 billion won, the company announced.The two have signed a binding MOU for the deal, Wonik IPS said.Wonik is aiming to buy Semes’ display photo and wet equipment technology, sales rig

South Korean telco LG Uplus will export its augmented reality (AR) education content to its Japanese counterpart KDDI, the telco said.KDDI will call the service Magic Library, which will launch next month in Japan.LG Uplus said the service has over 230 English children’s book from publishers such as

Japan Display (JDI) will sell a Liquid Crystal Display (LCD) factory and the land it sits on to Sharp for US$390 million, the company announced on Friday.The company also said it will sell the equipment at the Hakusan LCD plant to an “overseas customer” for US$285 million, JDI said. The customer in

KT has developed a new short range 3D LiDAR sensor that takes tenth of the cost to make compared to counterparts, the company claimed.The sensor has 24 sensing layer by controlling the laser with software, the carrier said.It also has artificial intelligence (AI) software that will recognize whether

Display repair equipment company Charm Engineering has collected 5.15 billion won in cash dividends from subsidiary Charm Savings Bank, the company said on Friday.Earlier in June, Charm Engineering has said it has secured additional shares of its banking subsidiary. Currently, the company has an 85.

Philenergy, a subsidiary of Philoptics, said on Thursday it has won 80 billion won in order for electric vehicle (EV) battery equipment.It is a rise of 578% from last year.The amount includes the 25 billion won it has won on the month of August.Philenergy attributed the increase to its newly develop

Korea Electronics Technology Institute (KETI) sad on Thursday that it has developed a transparent window-shaped solar battery.Luminescent solar concentrator (LSC) technology has been applied to the battery, KETI said.LSC are transparent plates with nanometer-sized phosphors in them. Some sun light a

Synopex will acquire a factory in Vietnam previous owned by the now defunct Flexcom, the company said on Thursday.The company said it signed the contract to acquire the factory with Woori Bank Vietnam and Vietnam TP Bank. The factory was being auctioned by its creditors.The factory, dubbed Flecom Fa

Cisco and Lotte Data Communication has built a new network for Lotte Group based on SD-WAN solutions, the companies said on Wednesday.Cisco’s SD-WAN, or software-defined wide-area network, was designed support Software-as-a-Service (SaaS) application that exploded from cloud, unlike previous WAN, th

Samsung Display will call its smartphone hole display technology Iris Ring, the company said on Wednesday.Hole-in display is used to place the front camera in the hole to reduce notches.The company said it received the Hole Area Clarity verification from the Underwriters Laboratories (UL) for no col

Samsung Electronics said on Wednesday that its smart TV has received the Tried and Tested Accreditation from the UK’s Royal National Institute of Blind People (RNIB).The South Korean tech giant has been collaborating with the RNIB since 2013 to increase accessibility of TVs for those who are visuall

Yujin Robot has launched a new 3D scanning LiDAR sensor for indoor autonomous driving, the company said on Wednesday.The YRL3 Series, with one channel, can scan 270 degrees horizontally and 90 degrees vertically.This will allow it to have no blind sports and perform accurate mapping, the company sai

LG InnoTek CEO Jeong Cheol-dong has been named the eighth executive chairman of the Korea Association for Photonics Industry Development (KAPID), the association said on Tuesday.Jeong said, as the new chairman, he will form a network for collaboration within the photonics industry, expand remote con

Hanmi Semiconductor has launched its new Flip Chip Bonder-5.0 aimed at high-end semiconductor production, the company said on Tuesday.It is the fifth generation in the series of bonders. The fourth generation model was launched three years ago.Flip chip bonders are used to connect circuits when a se