Laser company LIS has won a 31.5 billion won order from Chinese display giant CSOT for organic light emitting diode (OLED) equipment, the company said on Wednesday.The deal is equal to 21.77% of its 2019 sales. The contract will expire on August 17.In May, LIS won a 48 billion won order from BOE for

Display equipment maker Youngwoo DSP will supply 30.8 billion worth of organic light emitting diode (OLED) inspection equipment to Chinese display maker CSOT, the company said on Wednesday.The deal is equal to 30.7% of its annual sales last year. The contract will last from July 14 to August 20.Youn

Analog Devices will acquire Maxim Integrated Products in an all-stick stock transaction worth US$20.5 billion.It is the second largest deal in the semiconductor industry __ Avago Technologies acquired Broadcom for US$37 billion in 2016.It is also Analog’s second large acquisition. It bought Linear T

Samsung Electronics will hold its sixth Samsung Collegiate Programming Cup (SCPC), the company said on Tuesday.University students in any major can apply for the cup at Samsung Research’s homepage by August 18.The first and second preliminary rounds will commence on August 21 and September 5, respec

STMicroelectronics and Fingerprint Cards will develop an advanced biometric system-on-card (BSoC) solution for contactless payment card, the companies said.The cards will have fingerprint sensors embedded in them that will allow payments to be made without the need for app connections or passwords b

DB HiTek CEO and president Choi Chang-sik has been promoted to vice chairman, DB Group said.Choi, born in 1954, graduated from Seoul National University with Mater and Bachelor degrees in Material Engineering and joined DB Metal. He then moved to Samsung Electronics and worked there for 29 years, be

Wearable camera start-up Linkflow will display its goods at a showroom at its company building for enterprise customers, the company said Friday.Nexx360 and Fitt360 will be on display at the showroom in Yangjae, Seoul. They will also demonstrate real-time video conference using the devices. Four cha

Samsung Electronic will spend 100 billion on in funding to support semiconductor and display research in South Korean universities, the company said on Monday.The company formed an industry and academia collaboration center back in July, 2018 to help research and create jobs in universities. It bega

Samsung Electro-Mechanics has developed five new multilayer ceramic capacitors (MLCC) for automobiles, the company said.Three of them are for vehicles’ powertrain system and two others are for anti-lock braking systems (ABS), Samsung said.Ceramic capacitors allows electricity to flow consistently an

Intel has unveiled its latest cable interface Thunderbolt 4 on Thursday.It supports the same 40Gbps speed as its predecessor Thunderbolt 3. The speeds of Thunderbolt 1 and 2 were 10Gbps and 20Gbps, repectively.Thunderbolt 4 will support a pair of 4K displays (or one 8K display), PCIe speeds have bee

LG CNS has formed a task force dedicated to application modernization, TheElec confirmed on Friday.The task force is consists of 450 employees who will oversee application modernization business, technology and execution.Application modernization is the process of modernizing existing legacy applica

Samsung Electronics said on Thursday it will invest 12.35 billion into 12 future technology projects run by local universities.The company has been investing in such projects under the Samsung Future Technology Fostering Program since 2014.It chose six areas to provide funding in for 2020 __ semicon

Qualcomm unveiled the Snapdragon 865 Plus 5G mobile platform on Wednesday.The US chip giant said CPU and GPU speed has increased 10% from Snapdragon 865.Data transfer rate has increased to 3.6Gbps from 1Gbps of is predecessor.The CPU uses Qualcomm Kryo 585 Prime Core. It also offers speed of 3.1GHz,

Synopex will merge with cable maker Flontec, the company announced in its filings to financial authorities on Thursday.Last year in March, Synopex secured the rights over the technology and sales for Flontec’s ePTFE (expanded polytetrafluoroethylene) membrane business and burrowed equipment to opera

Samsung Electronics has launched two new models __ HW-Q950T and HW-Q900T __ in its Q-series soundbar, the company said on Wednesday.They will be launched in Australia first on Wednesday and expanded to other markets. Sales in South Korea will begin on July 14.The HW-Q950T delivers the audio quality

LG Chem and GS Caltex will partner up to create a new electric vehicle (EV) service that uses big data, the companies said.The pair will also collaborate with Signet EV, Soft Berry, KST Mobility and Green Car to first develop a battery safety inspection service that uses big data collected during ch

LG Electronics has marked 493.1 billion won in operating profits in the second quarter, better than market expectations and mostly thanks to its home appliance business.The company said its revenue for the quarter was 12.8 trillion won. It is a drop of 17.9% in revenue and 24.4% in operating profits

Leader Systems, Nvidia’s distributor in South Korea, will offer a 90days free trial for vGPU software Remote Work With NVIDIA (RWWN), it said on Tuesday.The virtual GPU software will allow tech works to perform graphic-intensive work remotely, Leaders Systems said.It will provide resources to PCs as

ON Semiconductor will supply Danfoss with high powers IGBTs and diodes for inverter traction modules, the companies announced.The US chip maker will produce the power components at its 300mm wafer factory in New York and 200mm wafer factory in Bucheon, South Korea, for the supply to Danfoss Silicon

LG Chem has announced that it will maintain its carbon emission rate in 2019 all the way up to 2050.The plan, dubbed 2050 Carbon Neutral Growth, aims to reduce its expected carbon emission rate of the namesake year by 75%.It will react to climate change, use more reusable energies, recycle its resou