In 2020, the global OLED light-emitting materials market is forecast to jump 41.8% on-year to be worth USD 1.9 billion, according to market research firm UBI Research on Mar. 20.This is as related companies begin to consume bigger amounts of the material to roll out products. By material, about 16.9

LG Chem Vice Chairman Shin Hak-cheol stressed the importance of merit-based R&D and the protection of corporate intellectual property at a regular shareholder’s meeting on Mar. 20.“Economic uncertainties are expected to snowball as the coronavirus continues to spread,” Shin said. “But we won’t be de

Flanked by the heads of key affiliates, Samsung heir Lee Jae-yong toured the display panel production lines at Samsung Display’s Asan facilities on Mar. 19, taking a closer look at the next generation Quantum Dot (QD) display samples. The lines are now readying for mass production.“We are facing une

Samsung Electronics’ top management sweated it out at its 51st shareholders’ meeting held on Mar. 18 during which shareholders asked why the company was falling behind its top rival Apple.One shareholder said that she had to force her kids to buy Samsung smartphones, going against their wishes to ge

Seoul Semiconductor said on Mar. 12 that a former researcher has been found guilty of leaking LED technology by an Incheon district court and sentenced to a jail term of 8 months and a 2-year probation.The employee, following his departure from Seoul Semiconductor in December 2014, leaked the techno

Samsung Electronics has succeeded in developing a so-called next generation solid state battery technology possessing both improved durability and stability, according to Samsung Advanced Institute of Technology on Mar. 10.In a joint effort with Samsung R&D Institute Japan, it said it has developed

POSCO Chemical has developed next-generation cathode using new synthetic graphite for EV batteries, according to the company on Mar. 6. This could help cut prices to gain an edge over Chinese players, said market watchers.POSCO Chemical explained that synthetic graphite would eventually replace the

South Korea’s HFR has been chosen to supply 5G fronthaul for Verizon, the largest telecom company in the US, according to a report by Hana Financial Investment on Feb.26.On the back of the deal, HFR is likely to post annual revenues of up to KRW 302.2 billion and an operating profit of KRW 39.7 bill

LG Chem has signed a deal with US-based EV startup Lucid Motors to supply it with cylindrical type batteries from the end of 2020 to 2023, the firm said on Feb. 25. The volume or amount of the deal was not publicized.LG Chem will be supplying 21700 batteries using NCM811 for the EV-maker’s Lucid Air

Samsung Electronics Vice Chairman Lee Jae-yong made rounds at the company’s Hwaseong facilities in Gyeonggi Province on Feb. 20 to take a look at the V1 EUV semiconductor production line.Lee said that the company has made the first step towards fulfilling its aim of becoming the world’s No.1 system

US International Trade Commission (ITC) made a preliminary ruling in favor of LG Chem over SK Innovation on their ongoing legal battery over electric vehicle (EV) battery trade secrets, according to the LG affiliate on Feb. 15 (local time.)"ITC has accepted our claims and made a default judgment wit

Japan-based Rohm Semiconductor said on Feb. 14 that it has successfully developed a 4-channel LED driver IC –BD183x7EFV-M – applicable for automotive parts such as brake lights, fog lamps and turn signals. It is also embedded with MOSFET.The product raised efficiency by reducing the number of heat d

Samsung SDI and battery cathode supplier EcoProBM will invest up to KRW 120 billion into establishing a joint venture this year. The two sides plan to complete a plant in Pohang before the year is out to begin producing next generation cathode in January, 2022.EcoProBM said in a regulatory filing on

In 2019, South Korea’s SK Innovation joined the ranks of the world’s top 10 makers of electric vehicle (EV) batteries, according to market research firm SNE Research. Among the 10 companies, the SK affiliate was the only one that doubled its growth on-year.At No.1 was China’s CATL with a 27.9% marke

South Korea’s EcoPro BM will be doubling its production of battery cathode this year to 59,000 tons, up from the 29,000 tons in 2019, according to the company on Feb. 7.In a fourth earnings report on this day, EcoPro BM said thanks to growing demand for EV battery cathode from battery maker SK Innov

South Korean battery makers refuted findings by a team of experts and government officials who announced on Feb. 6 that 4 out of 5 of the fires that occurred at Energy Storage Systems between August and October in 2019 were due to batteries.The investigative team said that a variety of defects in th

Growth in the global smartphone market will remain lackluster this year in the aftermath of the deadly coronavirus that has claimed more than 700 lives in China where it originated from, according to market research firm Strategy Analytics (SA).SA cut its growth forecasts by 2% from the previous 3%

Battery cathode maker EcoProBM has signed on with SK Innovation to supply up to KRW 2.7 trillion worth of cathode to South Korean battery maker SK Innovation, according to EcoProBM in a regulatory filing on Feb. 3.The firm also said it would be building a new plant in Pohang, exclusively for produci

LG Electronics will be releasing different tiers of 5G smartphones this year depending on the region and demographics, according to the company on Jan. 30. The high-end LG V60 ThinQ will be sold only in the North American and European markets.“We plan on focusing on different strategies for differen

Samsung SDI has turned to micro-batteries for wireless earphones and plans to begin supplying to key clients within this year, the company said in a conference call after announcing its fourth quarter earnings report on Jan. 30.Most of the capex investment for the product will center in Göd of Hunga