Elentec said on Thursday that it will supply battery packs for LG Electronics’ energy storage systems (ESS) launching next year,The company will be an original development manufacturer (ODM) for the packs used by LG’s ESS launching for the home next year.The deal is Elentec’s second ODM deal after i

Most South Korean fabless chip companies recorded poor earnings during the second quarter due to the prolonged global chip shortage.However, some of the companies saw profits thanks to increase in unit prices.LX Semicon, meanwhile, saw operating income increase by nine times from a year ago during t

Hansol Technics said on Wednesday that sales from its liquid crystal display module (LCM) business reached 177.7 billion won in the first half of 2021.This is more than the entire sales of 122 billion won from the business it recorded last year.LCM combines the liquid crystal display with the LED ba

Samsung Display is expected to begin production of quantum dot (QD)-OLED panels in the fourth quarter this year, according to UBI Research.The South Korean display panel maker will use 30,000 sheets of Gen 8.5 (2200x2500mm) substrates per month to manufacture 65-inch, 4K resolution panels that use t

Samsung Display was currently focusing on securing the screen uniformity of its quantum dot nanorod LED (QNED) display panel, as it wraps up development, market research firm UBI Research said on Friday.The research firm unveiled core patents filed by Samsung Display it found, which shows the struct

LB Semicon said on Friday that it posted 121.6 billion won in sales and 12.6 billion won in operating income during the second quarter this year.It is an increase of 14% and 56.2%, respectively, from a year ago.LB Semicon became Samsung Electronics’ secondary vendor for CMOS image sensor testing las

Samsung Electronics recorded 63.67 trillion won in revenue during the second quarter, its highest to date for the quarter.Memory semiconductors led the growth while TV and appliances are posted strong earnings.However, its mobile business recorded lackluster earnings.Samsung said on Thursday that it

Samsung Electro-Mechanics has begun operations of its new multi layer ceramic capacitor (MLCC) factory in Tianjin, China.The company said during its second quarter conference call that the factory has begun operation at the current time, after completion of construction and trial testing conducted i

LG Display said on Wednesday that it was reviewing the construction of an additional OLED production line for IT and mobile applications.The statement is effectively a confirmation that the company plans to restart spending on the E6-3, which will manufacture OLED panels for Apple.LG Display CFO Suh

Samsung is yet to launch the 99-inch version of its MicroLED TV.This is despite the company saying earlier in the year that it will do so in the first half of the year.Samsung had also said it plans to launch 88-inch and 76-inch versions of MicroLED TV within the year.A Samsung spokesperson said thi

Merck said on Thursday that it will supply the hole transporting layer (HTL) material used in the production of OLED panels to LG Display.The layers will be used in LG Display’s production of smartphone OLED panels, which will be supplied to Apple for the upcoming iPhone 13.OLED panels are comprised

Samsung Display was considering manufacturing thin-film transistors (TFT) that will be used in Micro LED TVs made by Samsung Electronics, TheElec has learned.The South Korean display maker has formed a team to oversee the project, sources said. This team was formed in April and the project is called

There will likely be a shortage of large-sized OLED panels used in TVs starting in 2024, UBI Research CEO Choong Hoon Yi said.Yi based his forecast on the production capacity for large-sized OLED panels and t here expected demand going forward.Demand for large-sized OLED panels is expected to be aro

LG Electronics said on Wednesday that it has recorded 17.11 trillion won in sales in the second quarter, its highest figure to date.Meanwhile, operating profit increased 65.5% year-on-year to 1.11 trillion won.The figure matches that of South Korean analysts’ consensus of 17.2 trillion won in sales

The increase in liquid crystal display (LCD) TV panel prices that started last year has slowed down in July this year, according to data from market research firm WitsView.LCD TV panel prices only increased up to 0.3% from the first half of July (1 to 15) from the second half of June (16 to 30).The

Samsung’s earnings for the second quarter beat market expectations thanks to stronger than expected performance from its memory business.A one-time profit in its display business is also thought to have contributed the strong earnings.The company said on Wednesday that it recorded 63 trillion won in

Seoul Semiconductor has won a patent lawsuit it filed against a US distributor.On Thursday, the United States District Court for the District of New Jersey ruled in favor of the Korean LED maker, saying Onyx Enterprise’s LED products sold on its CARiD.com online platform violated patents related to

LG Electronics said on Wednesday that it will start sales of its premium LCD TV brand, LG QNED Mini LED, in July.Sales of the TV model will begin in the US, then expand to Japan, Europe and South Korea, the company said.The brand includes an 8K 120Hz model, an 8K 60Hz model and a 4K 120Hz model. The

Fabless company Eyenix said on Thursday that it will be supplying its internet protocol (IP) camera SoC EN675 series for CCTVs to Seyeon Tech, Cellinx Systems, and Webgate.EN675 SoC will be used in two IP security cameras that Seyeon Tech will launch at the end of June, a Eyenix spokesperson said.Th

Samsung Display and LG Display are expected to spend conservatively on expanding their OLED production capacities in the second half of the year, according to multiple sources working at South Korean equipment makers.There are some expectations that the pair may start investing more on OLED panels f