SKC has launched a window film that consumers can attach themselves without the need to call experts, the company said Wednesday.Window films block sunlight and ultraviolet light, which can reduce heating costs.It can also prevent color fading in furniture.The company’s film, dubbed SK Homecare Film

LG Electronics will shift some of its TV production in South Korea to Indonesia, the company announced Wednesday.Two of the six production line in Gumi, South Korea will be shifted to the company’s Cibitung plant to the Southeast Asian country.LG said the shift will boost efficiency of its global TV

Chinese display giant BOE will supply OLED display panels to Apple for the upcoming iPhone 12 series, a market research firm said.Cupertino will use panels supplied by BOE and LG Display for the 6.1-inch iPhone 12 Max, Ross Young, CEO of Display Supply Chain Consultants (DSCC), said in his most rece

Seoul Semiconductor has filed a patent lawsuit against US car component retailer Onyx Enterprise, the company said Wednesday.The South Korean chip maker said LED sold by Onyx on CARiD, an online auto parts seller, violated 12 of its patents, in its filing to the District Court for New Jersey.The com

Fire has broken out in LG Chem’s plant in South Korea, according to local fire authorities Tuesday. It started at 2:20 pm, Tuesday, at the company’s plant in Seosan, South Choongcheong Province. The fire was putout by 3:31 pm by 107 firefighters and 19 fire trucks. One died while two were injured. T

Samsung’s de facto leader has visited the tech giant’s semiconductor plant in China.Samsung Electronics vice chairman Lee Jae-Yong, also known as JY Lee, arrived at the company’s plant in Xi’an and inspected the facilities.It is Lee’s first foreign trip in four months. In January, he visited Brazil

Samsung Electronics’ Vice Chairman Lee Jae-yong has pledged he won’t be handing down managerial rights to his children during a public apology he delivered on May 6 – marking the first time that he did so since June 2015 during the MERS crisis.Touching upon controversial topics such as the method wi

South Korea’s Sunic System has signed a deal worth KRW 28 billion worth ($22.6 million) with Chinese display maker BOE, according to Sunic’s disclosure on May 4. The amount would account for around 31.6% of Sunic’s total revenues in 2019.The deal is to supply deposition equipment for the mass produc

LG Electronics forecast a decline in OLED TV production in the second quarter of this year due to foreseeable declines in demand due to the coronavirus pandemic.During an earnings report on April 29, Ha Jin-ho of LG’s Home Entertainment business said such adjustments were “inevitable” given the curr

Samsung SDI forecast improved earnings for the latter half of this year, but due to a dip in the second quarter in the areas of polymer batteries and display materials, the company would be downward adjusting its bottom line for this year.During its first quarter earnings report on April 29, Samsung

In April 2020, SK Group’s chemical unit SKC officially relaunched its copper foil business by changing the name from KCFT to SK Nexilis at a recent board of director’s meeting and shareholders’ meeting.SKC had acquired KCFT, the world’s largest producer of copper foil, in January 2020 following a re

South Korea’s Samsung Electronics will be supplied once again by Sharp Corp. with large-sized LCD panels, according to publications Nikkei and Sankei on May 2.This would mark the fourth time for Sharp to supply Samsung. The panels are to be shipped to Samsung by the end of this year. Following its a

LG Chem has cut its sales KRW 15 trillion target for batteries this year by around 10-15% on account of the impact of the coronavirus, according to the company during an earnings report on April 28. The company will also be slashing CAPEX to around KRW 5 trillion from the initially envisioned KRW 6

South Korea’s No.1 mobile carrier SK Telecom has decided to directly secure optical transceivers beginning this year in an effort to cut costs, according to industry sources on April 21. Until now, suppliers, such as Kosdaq-listed Lightron, had provided SK Telecom with the transceivers, along with o

5G-enabled smartphones are expected to account for up to half of the smartphones sold in South Korea in2020, according to market research firm Counterpoint on April 9.The firm said up to 8.4 million 5G smartphones will be sold this year, which is around 48% of the projected smartphone sales for 2020

In 2020, shipment of OLED panels for smartphones is expected to grow 9% on-year to reach around 513 million handsets, according to market research firm Omdia on April 9.This comes despite projections that the total volume of global shipments of smartphones will fall by up to 13% on-year amid the cor

South Korean battery equipment maker Daebo Magnet is jumping onto the lithium processing bandwagon as soon as it completes the related facility investment by April, 2020, according to the company on Mar. 27.During a shareholders’ meeting on this day, Daebo CEO Lee Jun-gak said the company is setting

Sales of smartphones in February fell 14% on-year in the aftermath of the coronavirus that pulled down sales in China by 38% from the same period in 2019, according to market research firm Counterpoint on Mar. 27.The global smartphone shipments in February also declined 18% on-year.In total, just ov

Local supplier Dreamtech said on Mar. 20 that it has exclusively supplied capacitive fingerprint sensor modules to Samsung’s Galaxy Z Flip series.This comes after Dreamtech supplied a similar capacitive sensor module to the Galaxy Fold – also exclusively – in 2019 after first striking a deal to supp

On Mar. 20, 2020 LG Display’s new CEO Chung Ho-young said through a letter to shareholders that the display maker will continue to face the challenges to strengthen its core competitive edge centering on OLED panels.He also touched upon the impact of the COVID-19, also known as the coronavirus, fore