LG InnoTek has transferred ownership of 76 patents registered in South Korea and the US to display chip firm LX Semicon last month, TheElec has learned.It sold the patents to LX Semicon over two deals, on October 14 and 21. It sold 60 South Korean patents and 16 US patents, people familiar with the

Haesung Optics said on Friday that it has completed its reorganization of appointing a new management team and removing loss-making businesses.The company will focus on its optical image stabilization (OIS) actuator business to return to profitability in the fourth quarter, a Haesung Optics spokespe

Samsung Electro-Mechanics has been supplying flip-chip ball grid array (FC-BGA) to Apple for use on their M1 chip since last year, TheElec has learned.Japan’s Ibiden and Taiwan’s Unimicron are also supplying the chip boards for M1, people familiar with the matter said.Ibiden, the world’s largest man

Memory chip board maker TLB said on Wednesday that it will form a subsidiary at Vietnam within the year.It has signed a leasing agreement for lands where it will build a new factory.It will spend 5 billion won for the factory, which will start construction during the first half of 2022 and start par

The high demand for multi-layer ceramic capacitors (MLCC) is expected to continue at least until early next year.Murata and Taiyo Yuden’s remaining orders for MLCC during the July to September period doubled from a year ago.Taiyo also increased its MLCC sales forecast for the year thanks to high dem

Samsung is planning to apply a 50MP autofocus camera for the main camera on the low-end Galaxy A13 smartphone, TheElec has learned.The South Korean conglomerate will procure the camera from local suppliers Cammsys and Namuga, people familiar with the matter said.Galaxy A13 will have a 50MP wide-angl

Autonomous driving startup 42dot will spend around 6 billion won to acquire 10% of the shares in INAVI Systems, TheElec has learned.The startup is making the investment to secure a stable supply of high precision map data from INAVI Systems, a subsidiary of Thinkware that operates its driving naviga

Mando and SOS Lab will develop a lidar that can support Level 3 autonomous driving by 2025 to supply to Hyundai Motor, TheElec has learned.The fixed 3D lidar sensor that the pair are developing will be used by Hyundai Motor in 2025 at the earliest and 2026 at the latest, people familiar with the mat

LG InnoTek is increasing its spending in its camera module production facilities which it credited to demand rise from its customer.The South Korean component maker said on Thursday that it will raise its spending plan for this year from 547.8 billion won to 835.5 billion won, which is a 53% increas

Bare board tester (BBT) maker Bioptro has secured orders for BBT for up to February of next year, TheElec has learned.The testers will be used for chip board testing. High demand for chips is also increasing orders for equipment such as BBT.BBT inspects the electric characteristics of printed circui

Hyundai Mobis saw its operating profit drop 23.5% year-on-year during the third quarter of 2021.The automobile parts maker said on Thursday that it recorded 9.98 trillion won in revenue and 457.6 billion won in operating profit during the quarter.Revenue was level to that of a year ago while operati

LS Mtron was failing to win orders from automobile companies for its all-direction 5G antenna for autonomous vehicles developed in 2018, TheElec has learned.The antenna supports 28GHz spectrum and receives and sends signals only in areas needed by the car, unlike beamforming used in conventional arr

Haesung Optics will collaborate with Humax Mobility and Electrine to develop a platform and the technology for electric ships.Haesung Optics said the company will develop the ship and battery monitoring system; Humax will develop the platform and charging system; and Electrine will develop the motor

Hyundai Motor will apply a cellular vehicle-to-everything (C-V2X) chip from Israeli chip firm Autotalks for Genesis GV90 launching next year, TheElec has learned.It will also use Autotalks’ solution to develop its 5G C-V2X chip, sources said.Hyundai Motor believes Level 3 or above autonomous vehicle

Hwashin is expected to return to profitability in 2021 thanks to the recovery of the automobile market following pandemic-induced shutdowns last year, South Korean analysts say.The company is expected to record 1.275 trillion won in sales and 46 billion won in operating income, according to the cons

Samsung Electro-Mechanics said on Friday that it was ending its rigid flexible printed circuit board (RFPCB) business. It has been manufacturing the boards at its factory in Vietnam.RFPCB is used to connect the OLED panel with the main board. It has flexible and rigid characteristics, which makes pr

Partron was supplying the camera modules for the around view monitor on the digital side mirror of Hyundai Motor’s GV60 which launched earlier this month.A Partron spokesperson said the company also plans to collaborate with Hyundai Mobis, the component arm of Hyundai Motor, to supply the infrared c

LG InnoTek was supplying its 3D time of flight (ToF) module to Apple and Microsoft for their virtual reality (VR) headsets that are planned to launch next year, TheElec has learned.The South Korean component maker already supplies its ToF modules for iPhones and iPad.ToF modules shoot lasers to an o

Autonomous driving startup 42dot has received 81 billion won in its latest funding round.Shinhan Bank, Lotte Rental and Stic Ventures each put in 30 billion won, 25 billion won and 13 billion won, respectively, while the remaining funds were given by previous investors, people familiar with the matt

Hanwha Solutions was currently developing a Type 5 hydrogen tank for use in urban air mobility (UAM) vehicles, TheElec has learned.The company had secured the technology through US tank firm Cimarron, which it acquired late last year.Hanwha acquired the necessary technology to develop a Type 5 hydro