The current oversupply of liquid crystal display (LCD) panels is expected to continue through 2023, analyst firm TrendForce said in its latest forecast.LCD panel prices had increased from June 2020 through the first half of 2021, the firm said, spurned by high demand for consumer electronics from Co

Production equipment maker DSK has begun supplying logistics equipment to South Korean battery maker LG Energy Solution, TheElec has learned.It was supplying them through LG Electronics’ Production engineering Research Institute (PRI), not to LG Energy Solution directly, sources said.DSK had in the

Samsung has postponed the development of a new line of tablets due to the continued low demand for consumer electronics from the global recession.Development for the Galaxy Tab S9 series was scheduled to start in December but this has been pushed back to 2023, sources said.The company is planning to

South Korean chip contract manufacturer Key Foundry has formed a gallium nitride (GaN) research team as demand for chips made using the material continues to increase.The company is aiming to offer 8-inch GaN wafer foundry services for customers, sources said.Key Foundry currently contract manufactu

Samsung had changed the adhesive it used for the glass doors on its front-load washing machines from silicon to polyurethane, TheElec has learned.This may have been caused by the company’s efforts to reduce costs, sources said.Samsung has been criticized for allegedly using faulty glass doors on its

Hanwha Corporation has hired a former executive at Samsung SDI who worked on battery equipment, TheElec has learned.STM vice president Ryu Yang-sik recently quit the company to join Hanwha Momentum, Hanwha’s business unit that manufactures battery equipment.He will head the battery business of the u

LG Display is set an OLED panel shipment target for 2023 that is higher than its expected shipment this year, TheElec has learned.The company is expected to ship less of the panels than it aimed for this year due to demand for TVs falling, in general, this year from inflation.LG Display is planning

Samsung has scrapped its plan to add more suppliers of photoresist, a key ingredient in the production of advanced 3D NAND flash memory chips.The company had contacted a minimum of four potential new suppliers, all from Japan including the world’s largest PR maker Tokyo Ohka Kogyo, to supply the mat

LSI, previously the fab equipment business of Mujin Electronics, is expected to supply 30 units of wafer cleaners to SK Hynix this year, TheElec has learned.The company is in talks with the South Korean memory to supply over 60 units in 2023, sources said.LSI was formed by chip and display material

Samsung Display had transferred its patents in the US related to liquid crystal display (LCD) to CSOT back in June, TheElec has learned.It also transferred its patents in South Korea to the Chinese company last month, sources said.A total of 577 patents in the US were given to CSOT, which bought Sam

Samsung Display was considering both ultra-thin glass (UTG) and transparent polyimide (PI) film to use as cover windows for foldable OLED panels aimed at tablets and notebooks, TheElec has learned.The company currently uses UTG for foldable OLED panels it manufactures for smartphones such as the Gal

Samsung Display was developing quantum dot (QD)-OLED panels that were thinner than its current commercialized version.This was confirmed by the booth of the Electronics and Telecommunications Research Institute during the 22nd International Meeting of Information Display (IMID 2022) held at Busan, S

Samsung Display is planning to expand the production capacity of quantum dot (QD)-OLED panels by 30% before the year’s end, TheElec has learned.The company plans to achieve this by reducing the takt time __ the time it takes to manufacture a product __ without additional spending on equipment, sourc

TCL chairman Li Dongsheng had asked South Korean display equipment makers for an understanding of the current delays in payments during his visit last month, TheElec has learned.Due to low demand for TVs, display panel makers like CSOT, a subsidiary of TCL, are currently operating their factories at

LG Electronics has offered compensation to current and former employees for the patents they helped develop, TheElec has learned.It marks the first time for the company to offer such compensation.LG Electronics has currently involved in around 50 lawsuits with employees over patents, which likely sp

TCL chairman and CEO Li Dongsheng will visit Samsung Electronics during his trip to South Korea later this month where he will also visit South Korean display equipment makers, TheElec has learned.Li is expected to secure from Samsung purchase orders for display panels for CSOT, TCL’s display panel-

Samsung Electronics was selling its key QD (quantum dot)-OLED TV model at a price point US$200 lower than its main competition W (white)-OLED TV made by rival LG Elecronics, analyst firm UBI Research says.Samsung’s 65-inch QD-OLED TV model, S95B, was being sold for US$2,800 on BestBuy, compared to L

Samsung Display had received requests from its customers to develop a MicroOLED panel, something which it had been avoiding so far due to expected low profitability, TheElec has learned.These customers include Samsung Electronics, its parent company, and another of its main customer Apple as well as

Hanwha Momentum, the battery equipment business unit of Hanwha Corporation, was actively hiring staff, including those from Samsung and LG, to bolster its battery equipment operation, TheElec has learned.The business unit had recently hired Kwon Ki-suk, whose previous position was an executive advis

TCL chairman and CEO Li Dongsheng will visit South Korea near the end of the month to meet local display panel production equipment makers, TheElec has learned.His visit to South Korea is scheduled ahead of his trip to Japan where he plans to visit Japanese display panel maker JOLED.Li is expected t