Fab equipment maker Wonik IPS was using multiple securities firms to purchase the shares of competitor APTC, TheElec has learned.Wonik IPS started buying listed shares of APTC in May and the move is ongoing, sources said.It is unknown how many shares Wonik IPS purchased in total for the past two mon

Battery recycling startup Green Li-ion said on Friday that it plans to enter the South Korean market.The Singapore-based company was founded in 2020 and has investors such as GS, Envisioning Partners, and TES. It has received US$36 million in funding so far.Most battery recycling companies use their

Fab equipment maker Neosem’s Gen 5 solid-state drive (SSD) inspection equipment has passed the quality test of a South Korean chip maker, TheElec has learned.This means Neosem will be supplying the equipment to the South Korean chip maker for the first time. The equipment maker’s main customer so fa

The CEO of fab equipment maker APTC said in a letter to shareholders that the company will give it its all to grow amid signs of the global chip industry is seemingly in the road to recovery.APTC CEO Choi Woo-hyung’s 60 pages long letter is the company’s first under the CEO's name.The letter detaile

Justem said on Monday that it has supplied roll-to-roll equipment used in lithium-ion battery production to a Japanese battery equipment maker.The South Korean company will supply its roll-to-roll equipment used in the electrode process.This was in addition to the aging equipment used in the formati

Xavis said on Friday that it has developed a new 3D CT inspection equipment for batteries.The company used AI technology to reduce the noise and offer cleaner images, CTO Byungseok Min at a press conference during InterBattery 2023 in Munich.Xavis is conducting sales activity for the equipment to ba

Fab equipment maker APTC said on Wednesday that it has found that its shareholder list has been leaked by a securities firm.APTC, also known as Adaptive Plasma, said its shareholder list, shareholder addresses, how many shares they own, their phone numbers and nationality as of March 31 2022 was lea

Display production equipment maker Sunic System said on Tuesday that it will be supplying its deposition machine for OLED on silicon (OLEDoS) to Chinese display panel maker SeeYa.The deal is worth 32.2 billion won and the contract will last until June of 2024.OLEDoS is a microdisplay that is touted

Accelerator RedElec, which specializes in semiconductors, batteries, and displays, said on Thursday that it has formed its first venture investment association worth 2.5 billion won.The association, called RedElec Battery First Investment Association, will become the initial investor of promising st

China’s ChangXin Memory Technologies and other DRAM companies in Greater China are expected to see exponential growth in the coming years despite US sanctions against China, a South Korean professor said.This growth will be substantial enough to threaten the three-way dominance of the DRAM industry

Eaton Korea is aiming to expand its supply of electric solutions for data centers in South Korea, its country manager for the country told TheElec.The South Korean data center market is growing quickly from various trends such as AI, Eaton Korea President Oh Seung-hwan said.As data centers need unin

Display equipment maker Charm Engineering has won its patent lawsuit against Enjet after three years of legal back and forths.Earlier this month, the Supreme Court denied the two appeals made by Enjet against Charm Engineering.Enjet had filed appeals against two Patent Court decisions that invalidat

Nextin’s latest equipment aimed at use in extreme ultraviolet (EUV) process in semiconductor production is expected to be supplied to a customer later this year, TheElec has learned.The new equipment, called ResQ, will begin testing at a potential customer’s production line this month, sources said.

Fab equipment maker Protec is expected to see its sales expand as a contract that limited the sales of its laser assisted bonder (LAB) expired last month, TheElec has learned.LAB is used to attach the chip die on the board during packaging using a laser.Most chip dies are attached boards using infra

HB Technology will be supplying automated optical inspection (AOI) and repair equipment to glass substrate maker Absolics, a subsidiary of SKC, TheElec has learned.It is a new revenue source for HB Technology, which never supplied inspection equipment for glass substrates for chip packaging before.I

Samsung Display has started placing orders for equipment it wants to install on its first Gen 8 OLED production line.This was confirmed by its equipment suppliers Philoptics, FNS Tech, KCTech and HIMS.Philoptics said it signed a deal worth 63 billion won; FNS Tech 36 billion won; KCTech 35.7 billion

Telecommunication equipment maker Eluon’s goal ahead was to supply quality telecommunication equipment that is cheaper but better than those made by Huawei, Eluon president Lee Young-sun told TheElec.Its equipment has already been verified by use of them by South Korean telcos, Lee said in an interv

Battery contract producer JR Energy Solution said on Wednesday that it has started construction of its first factory.The factory will manufacture the cathode and anode electrodes for its battery customers.JR Energy Solution will spend 40 billion won initially and 305.6 billion won in total up to 202

Battery equipment maker Hana Technology has signed a strategic collaboration agreement with its Chinese counterpart SINVO, TheElec has learned.Shenzhen-based SINVO was founded in 2006 and has so far supplied battery production equipment for small batteries.It has supplied its equipment to battery ma

Dongjin Semichem has successfully reduced the sensitivity of its photoresist (PR) for extreme ultraviolet (EUV) processes in chip production.Research into EUV PR in recent times is focused on improving throughput, Dongjin Semichem manager Kim Jeong-shik told an audience during SEMI SMC Korea 2023 in