Hanmi Semiconductor expects its electro magnetic interference (EMI) shield equipment to contribute 120 billion won in sales this year, the company said Wednesday.The company said it posted 20.1 billion won in operating profits, a rise of 32% from a year prior, in the second quarter thanks to strong

LG Electronics will launch Gallery Design Soundbar in South Korea, the company said.The bar, model name GX, will offer a uniform design with LG OLED Gallery TV, the South Korean electronics maker said.The thinnest area of the bar is 19mm and the thickest 32mm. Its output is 420W.LG the bars will off

MK Electron is expecting record earnings in the first half of 2020, the company said.The company introduced its new vision, dubbed Long Run, at a company retreat meeting last week at Kangwon Province, it said. The even was broadcast live to employees at its various facilities in South Korea, China a

Ajinextek (AXT) will retire 2.9 billion won worth of ordinary shares to increase shareholders’ share value, the company said on Monday.It accounts for about 5.67% of issued shares and they are treasury stocks. It is 394,261 shares and will be retired on July 27.There will be no capital decrease from

LG Electronics will voluntarily commence free repairs for OLED TVs it sold from February, 2016 to September, 2019, the company said. It is due to potential heating problems from power board components in the TVs.A component that minimizes current interference is applied to TV power boards. Some of t

Samsung Electronics vice chairman Lee Jae-yong has visited Hyundai Motor Group’s Namyang R&D Center for a meeting with Hyundai Motor executive vice chairman Chung Eui-son on Tuesday, the companies said.It is the two bosses’ second meeting after their first meeting this year on May 13, when Chung vis

LG Electronics has globally launched its UltraGear gaming monitor (model name: 27GN950), the company announced on Tuesday.It comes with a 4K IPS panel with 1 millisecond response time as well as refresh rates of 144Hz. The monitor won the CES Innovation Award earlier this year.UltraGear's panel is a

AMD’s 2nd EPYC processors will power Confidential Virtual Machines (VMs) for Google Compute Engine, the companies announced on Monday.Confidential VMs, the first product in the Google Could Confidential Computing series, will allow customers to encrypt data in-use while it is being processed and not

Intel’s Mobileye has received regulatory approval to test automated vehicles in German roads.The chip giant’s self-driving subsidiary received the permission with the assistance from local independent technical service provider TÜV SÜD, the company said.Mobileye has previous performed testing in clo

Wipam has set its KOSDAQ initial public offering (IPO) share price at 11,000 won, the company said on Monday.It will be seeking 81.7 billion won in funding from the listing.Wipam will get the retail orders from July 21 to July 22. It will list on KOSDAQ on July 31.Its market value will be 408.6 bill

SK IE Technology has begun mass production of flexible cover window (FCW) made out of colorless polyimide films (CPI), the company said on Monday.The firm constructed the FCW factory at Jeungpyeong, North Choongcheong Province, late last year.FCW is SK’s own brand for CPI. The company applied hard c

Schneider Electric will invite small- to mid-sized enterprises (SME) to its factory in Iksan, South Korea to showoff its smart factory success.The company said it will began supplying its smart factory solutions to South Korean SMEs. They will be invited next month to its Iksan factory for demonstra

LG Electronics will attend the upcoming IFA 2020 tradeshow in Germany, the company said on Friday.The South Korean tech giant will be holding a press conference at the opening day of the show that will run from September 3 to 5.LG’s Chief Technology Officer (CTO) IP Park will introduce the company’s

Samsung Electronics vice chairman Lee Jae-yong has visited Samsung Electro-Mechanics’ multi layer ceramic capacitor (MLCC) plant for auto-components in Busan, Samsung said on Thursday.Lee visited site to inspect operations and encourage employees, the South Korea tech giant said.The vice chairman he

South Korean distributor Beecheon will sell Polytex Technologies’ automated textile management system for clean room and other work garments, the company said on Thursday.Workers can retrieve and dispense their work garments with an ID card for the system. Thanks to the cards, managing personnel are

Seoul Semiconductor has claimed that Everlight lied about its patent lawsuit win at a German court.Seoul Semiconductor said that patent EP1697983, which the Taiwanese company said it won a patent invalidation suit against, did not belong to the South Korean company. The company said it was not the s

South Korea’s largest semiconductor and display equipment maker Semes have given rewards to its top suppliers, the company said on Thursday.The ceremony was hosted by Semes CEO Kang Chang-jin with CEOs from 21 of its suppliers in attendance.Semes said it kept social distancing measures and invited f

Samsung Display has commenced live broadcasting at the business and division level to share its management goals with employees, the company said on Thursday.The South Korean display maker minimized offline meetings in light of the COVID-19 pandemic but expanded such as online meetings to expand in-

South Korean telcos will invest between 24.5 trillion won to 25.7 trillion won in 5G networks by 2022, the companies said.SK Telecom, KT and LG Uplus made the announcement together with the Ministry of Science and ICT on Wednesday.However, the figure amounts to an annual CAPEX of 8.2 trillion won to

AMD has announced the new new AMD Ryzen Threadripper PRO Processor line-up aimed at workstations, on Tuesday.The highest tier AMD Ryzen Threadripper PRO 3995WX among the four (3995, 3975, 3955 and 3945) has 64 cores.AMD said its GPU performance was 37% higher than Intel’s Xeon Platinum 8280.The comp