Major TV makers have shown off their new MiniLED TV line-up for 2021 and intense competition is expected in key markets.MiniLED TV is a liquid crystal display (LCD) TV that uses MiniLEDs instead of LEDs for backlighting.MiniLED uses LED chips in the 100 to 200 micrometer size range, much smaller tha

LG Electronics will invest 50 billion won at its Changwon facility to build a home appliance lab and transition the place to a smart factory, the company said on Wednesday.LG executives and government officials of Changwon city and South Gyeongsang Province signed an agreement for the building of th

LG Electronics on Wednesday made a statement on the potential future of its Mobile Communications (MC) business, which has been posting 23 consecutive quarters.The statement was likely made to calm employees prior to the company’s announcement on the direction of the business expected around the end

LG Electronics will expand application to receive funds from its co-growth fund to tier-3 suppliers, the company said on Tuesday.The fund was set up in 2010 and is run together with Industrial Bank of Korea and Korea Development Bank. LG partners can get a loan from the fund with low interest rates.

The shortage in display driver IC (DDI) was one of the factors for display panel makers to prefer producing larger panels.Due to the shortage, display panel makers chose monitor panels over TV panel and larger TV panels over smaller ones.TV and monitor panels are usually produced at the same generat

LG Electronics and Luxoft will form a joint venture called Alluto that will launch an infotainment system for cars using webOS Auto, the companies said on Tuesday.Alluto will develop the infotainment system which will include a head unit and rear-seat entertainment system.LG CTO IP Park, at an open

LG Electronics on Tuesday unveiled its new OLED TV called OLED evo at CES 2021.The company said the new TV uses new organic materials. The model name for the new TV is G1.The new TV offers clearer picture resolution compared to its predecessors.LG will launch the TVs in 55, 65, 77 and 83-inch sizes.

TCL’s plan to shift the liquid crystal display (LCD) factory it is buying from Samsung Display from TV panels to IT panels is likely to be delayed, TheElec has learned.This is due to the shortage of LCD TV panels, and customers are requesting TCL extend LCD TV panel production at Suzhou, people fami

LG Electronics has unveiled its 2021 TV lineup ahead of CES 2021.It has unveiled a new OLED TV called OLED evo, model name G1, which the company said offer clearer resolution than predecessors.The new TV has brighter screen compared to predecessors while also offering high contrast ratio, deep black

LG Display will extend its production of liquid crystal display (LCD) TV panels in South Korea by a year, TheElec has learned.The extensions comes from LG Electronics’ request as it was finding difficulty in securing sufficient volume of LCD panels.LG Display has initially intended to halt LCD TV pa

LG Electronics on Friday said in its preliminary guidance that it has posted record fourth quarter earnings.The company also posted record annual operating income in 2020.LG posted sales of 18.7826 trillion won and operating income of 647 billion won in the fourth quarter, a rise of 16.9% and 535.6%

LG Electronics have bought a majority stake in US TV data firm Alphonso.The South Korean company said on Thursday it has acquired over 50% share for US$80 million of the TV data and measurement company based in Silicon Valley.Last month, LG announced that it was forming a joint venture with car comp

Over a million 8K TV is expected to be sold in 2021, according to Deloitte.8K TV is increasing market share in the over US$2,500 TV market as average sales price continues to drop.Deloitte said around a million 8K TVs priced at around US$3,300 is expected to be sold this year for sales of US$3.3 bil

Yoo Young-min, former Minister of Science and ICT, has been named chief of staff at South Korea’s Blue House on Thursday.Yoo joined LG Electronics in 1979 and had worked at LG Group for 30 years. He was executive vice president at LG CNS in 2006. He was named the Minister of Science and ICT of Presi

Smartphones powered by Qualcomm and Samsung Electronics’ 5nm application processors are expected to launch in January 2021.The companies have unveiled their new APs starting in November. Qualcomm’s Snapdragon 888 for flagship smartphones was made with the 5nm process. Snapdragon 678 for mid-tier pho

South Korean company KEC has developed a low voltage MOSFET (LV MOSET) semiconductor for vehicle heating, ventilation, and air conditioning (HVAC).The company will supply the chips, called KFS70N06K, to Hanon Systems and Doowon Climate Control, it said on Wednesday.The chip will be applied to blow m

LG Electronics will launch a new liquid crystal display (LCD) TV called QNED TV that uses MiniLED as the backlight.The company on Tuesday unveiled the TV at an online press event in South Korea.LG QNED TV will have a technology called quantum nanocell color technology, which combines nanocell and qu

LG Electronics will unveil new InstaView refrigerators at CES 2021.The door-in-door refrigerators sports a large glass panel on the door on its right. It can be knocked on to show foods inside and their quantity.This reduces the number of times the door opens and close to prevent cold air loss, LG s

US sanctions against Chinese companies, especially Huawei and TCL, is set to benefit their South Korean rivals Samsung and LG.US’s Department of Homeland Security was reviewing sanctioning TCL, according to Reuters. Acting Secretary Chad Wolf told the Heritage Foundation that TCL was installing back

Chinese display maker Tianma is aiming to ship 40 million OLED panels next year.Out of that total, 20 million units is aimed to be flexible OLED panels, the company said on Wednesday.The goal is half of BOE’s aim of shipping 40 million flexible OLED panels, which was announced in August.According to