Chip and component reliability testing firm QRT was developing new chip testing equipment with the aim to make the business a major source of revenue by 2025, TheElec has learned.The company was aiming to sell its semiconductor soft error tester and 5G mmWave spectrum RF accelerated life tester, peo

LX Semicon saw its operating profit for the first quarter of 2022 jump thanks to the high demand for display driver IC (DDI).The fabless chip company said on Monday in its preliminary earning guidance that it recorded 585.1 billion won in revenue and 127.9 billion won in operating profit during the

South Korean battery maker Samsung SDI is planning to apply to its smartphone battery production the stacking method it currently uses for the production of electric vehicle batteries.The stacking method stacks battery materials in layers and Samsung SDI uses this technique currently in the producti

Apple is likely to use its long-time camera module supplier LG Innotek and parts maker Jahwa Electronics for the procurement of folded zoom camera modules.Earlier this week, South Korean camera module parts maker Jahwa Electronics announced that it will spend 191 billion won on a new optical image s

Semes, the chip fab equipment subsidiary of Samsung Electronics, said on Friday that it has recorded 3.12 trillion won in revenue and 353.3 billion won in operating profit for the entire year of 2021.It is the company’s best annual performance to date. Revenue and operating profit also increased 41%

Jahwa Electronics said on Wednesday that it plans to spend 191 billion won on building facilities to produce new models.The company currently supplies optical image stabilization (OIS) actuators to Samsung for the Galaxy S22 series smartphones.The size of the spending plan, which will last until Mar

Samsung is expected to begin selling OLED TVs with panels provided by LG Display in September, analyst UBI Research said in its forecast on Thursday.UBI Research CEO Choong Hoon Yi said during a conference hosted by the analyst firm in Busan, South Korea that LG Display is expected to manufacture up

Samsung Electronics and LG Display’s ongoing negotiation over the supply of TV OLED panels was focused on budge OLED panels, TheElec has learned.Samsung, the world’s largest TV manufacturer by revenue, is launching OLED TVs this year after a 9-year hiatus and is procuring OLED panels from Samsung Di

Samsung said on Thursday that it has recorded 77 trillion won in sales and 14.1 trillion won in operating profit for the first quarter this year. It is a rise of 17.75% and 50.32%, respectively, from 2021. Analysts said the company enjoyed strong demand for its memory chips and smartphones during th

Haesung Optics will be supplying a component to Samsung Electronics needed to make the optical image stabilization (OIS) actuator used smartphone camera modules, TheElec has learned. The component maker will be supplying a component called sub, which will be provided to another camera module supplie

Samsung is expected to continue procuring most of the hinges it will use for its upcoming foldable phones from South Korean vendor KH Vatec, TheElec has learned.The hinges are used to connect either side of the folding display panels. It also protects them from external shock.KH Vatec had been the e

South Korea’s printed circuit board (PCB) market is expected to grow 7% this year from 2021 led by high demand for chip boards, according to the Korea Printed Circuit Association (KPCA).The local PCB market is expected to be worth 16.255 trillion won, the association said.Revenue from chip board wil

Printed circuit board (PCB) maker BH said on Monday that it will acquire LG Electronics’ in-car handset wireless charging business unit.BH will be forming a new subsidiary called BH EVS that will acquire all sales rights from the business unit for 136.7 billion won. The acquisition will be completed

Wonik PNE has acquired the battery equipment business unit of Samji Electronics, TheElec has learned.This is the company’s third acquisition in the past six months. Wonik PNE acquired Techland in October and NS in November.Wonik PNE’s parent company Wonik Holdings acquired battery equipment maker PN

Corning said on Tuesday that it has supplied its Astra Glass to Samsung Display for use in quantum dot (QD)-OLED panels.Each QD-OLED panel uses two sheets of the glasses: one for the thin-film transistor and another for the QD layer.Samsung Display’s QD-OLED panel will be used in TVs made by Samsung

Samsung Display was currently developing a new under panel camera technology for its customer Apple to hide the Face ID under the display in the next iPhone, TheElec has learned.Samsung Display’s technology is expected to apply first to Samsung Electronics’ foldable phones launching next year, follo

Fab equipment maker Exicon said on Friday that it has supplied 31.59 billion won worth of inspection equipment to Samsung Electronics.Most of the equipment are solid-state drive (SSD) testers, which are used to evaluate the performance and reliability of SSDs during the back-end process.The testers

LG Display has been evaluating the deposition process for Gen 8.5 (2200x2500mm) OLED panels since December last year, TheElec has learned.The evaluation is being done at its supplier Sunic System’s facility at Paju, sources said. The facility houses Sunic System’s Gen 8.5 half-cut and vertical depos

Samsung Electro-Mechanics was considering expanding its production capacity for flip-chip ball grid array (FC-BGA), its CEO said on Wednesday.Company CEO Chang Duck-hyun said during Samsung Electro-Mechanics’ annual shareholders’ meeting that the company was in talks with an unspecified customer to

South Korean outsourced semiconductor assembly and testing (OSAT) companies saw their revenues increase by double-digits in 2021, their filings showed.OSAT companies handle packaging and testing of processed wafers. They are seeing demand for their services increase from the ongoing global chip shor