Silicon Works was the sole fabless in South Korea to record high growth in the first quarter of 2021.TheElec looked at the first quarter earnings of the top 20 fabless companies (including design houses and chipless firms) in the country.Silicon Works recorded 405.6 billion won in sales, a jump of 9

Samsung on Monday launched a new smart monitor.The company added a new 43-inch UHD model, called M7, to its existing line-up, it said.Samsung launched the 32-inch UHD model called M7 in December. In the same month, the firm also launched the M5 model which comes in 32-inch and 27-inch sizes and supp

Nextchip will supplying its advanced driver assistance system (ADAS) system-on-a-chip (SoC) to a Japanese tier-1 supplier.The company was preparing to manufacture the Apache 4 for supply, Nextchip chief marketing officer (CMO) Yoo Young-jun told TheElec.It marks the first time that the company is su

Samsung Display and LG Display is showing off their next-generation display panels at SID Display Week 2021, which will run from May 17 to 21.Samsung Display said it will showcase a panel called S Foldable, which folds twice, inward and outward.It will also show off a 17-inch foldable panel that can

Display inspection equipment maker Dong A Eltek recorded 2.3 billion won in operating loss in the first quarter.It recorded sales of 53.9 billion won, a jump of 145% from a year prior, however.The company said major sales came from inspection equipment for mobile and TV OLED panels.Dong A Eltek was

Corning has completed the construction of a glass factory at Wuhan, adjacent to BOE’s liquid crystal display (LCD) factory.This will likely boost the Chinese display panel maker’s production of large LCD TV panels larger than 65-inches.Corning’s Gen 10.5 (3370x2940mm) LCD glass factory was built nex

OLED emission material companies recorded high first quarter earnings that beat market expectations.Apple’s iPhone 12 sales, Samsung’s earlier than usual launch of Galaxy S21 smartphones, expanded application of OLED panels in notebooks and mid-tier phones, and Chinese panel makers expanding their O

LG Display said on Wednesday that its 65-inch rollable OLED TV won the Display of the Year award given by the Society of Information Display (SID).It is the top award given by SID, the world’s foremost academic society in the display industry. SID is holding its annual conference this year online fr

LG Display is planning to expand the production capacity of its TV OLED panel factory in Guangzhou, China, TheElec has learned.The factory, which makes panels based on 8.5th-generaetion (2200x2500mm) substrates, currently has a capacity of 60,000 substrates per month.This will be expanded to 90,000

Seoul Semiconductor said on Tuesday that it has recorded 310.4 billion won in sales and 20.5 billion won in operating income in the first quarter of 2021.Sales increased 27.6% year-on-year, while operating income jumped 243.4% over the same time period.Seoul Semiconductor said it saw improved perfor

LG Electronics said on Thursday that it has posted 18.8 trillion won in revenue and 1.516 trillion won in operating income in the first quarter.Revenue jumped 27.7% and operating income 39.1% from a year ago.Both revenue and operating income was the company’s highest quarterly result ever.LG said st

Samsung Electronics marked 65.39 trillion won in revenue and 9.38 trillion won in operating profit in the first quarter this year.Revenue was the highest ever for a first quarter, Samsung said. Operating income rose 45% year-on-year.The South Korean tech conglomerate saw its mobile and consumer elec

LG Display said on Wednesday that it has recorded 6.88 trillion won in sales and 523 billion won in operating income in the first quarter.Sales increased 46% from the a year prior. However, sales dropped 8% and operating income 24% from the previous quarter.The firm beat South Korean analysts’ conse

Samsung SDI said on Tuesday that it has recorded 2.96 trillion won in sales and 133.2 billion won in operating income in the first quarter. It is a rise of 23.6% and 146.7%, respectively, from a year ago.Its energy business recorded 2.38 trillion won in sales, an increase of 32.9% from 2020. But sal

An executive at LG Display has received the top science honor given by the South Korean government.Oh Chang-ho, executive vice president and head of TV business at LG Display, has won the Order of Science and Technology Merit for his contribution to the country’s display industry. The Order is the t

Seoul Semiconductor has entered Samsung Electronics’ supply chain for MiniLED, TheElec has learned.The volume is yet small, but could lead to bigger collaboration between the pair in MiniLED and MicroLED in the future.Seoul Semiconductor has supplied its MiniLED to Samsung for use in Neo QLED TVs, w

Major display panel companies in South Korea and China are expected to see improved earnings in the first quarter.South Korean analysts expect Samsung Display and LG Display to see significant improvement in their performances for the quarter compared to a year prior.LG Display is expected record sa

DB HiTek is planning to expand its image sensor foundry business.The company said on Friday that it has developed global shutter and single-photon avalanche diode (SPAD) processes based on its 110-nanometer (nm) platform.The South Korean foundry will begin multi-wafer project program for fabless cus

Whether Samsung Display will commence its second stage spending on its quantum dot (QD)-OLED display panel this year as planned will be determined by the yield rate of its Q1 production line, according to market research firm Omdia.The company had planned to commence its second stage spending near t

South Korean fabless firm Pixelplus will begin selling its facial recognition image sensor in China this year, TheElec has learned.The company is attempting to diversify its revenue steram and reduce its reliance on biometric recognition solution for CCTVs and automobiles.Facial recognition systems