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

South Korean LED firm Wooree E&L has secured half the supply of LED module used by customer LG Display, TheElec has learned.People familiar with the matter said Wooree’s LED modules currently accounts for around 50% of those used by the South Korean display panel maker.LED modules are used as the ba

LG Electronics will begin sales of its 83-inch OLED TV in South Korea.Sales will also begin in the US this month, the company said on Monday.The TV, model name 83C1, is LG’s largest 4K OLED TV yet. Its largest OLED TV to date is 88-inch and supports 4K resolution. LG offers 48, 55, 65, 77, 83 and 88

Solus Advanced Materials said on Monday that it will be supplying hole transport layer (HTL) to LG Display for use in OLED panels.OLED panels are comprised of layers for electric current movements and layers that emit light.HTL is one of the layers that electricity flows through and determines the l

Samsung System LSI, the logic chip unit of Samsung Electronics, has begun development of three timing controller (T-Con) for quantum dot (QD)-OLED panels being developed by Samsung Display, TheElec has learned.Samsung Display is planning to send its prototypes of QD-OLED TVs and a monitor to potenti

Sales of middle to large sized OLED panels in the first quarter of 2021 surged 156% from a year prior, according to market research firm UBI Research.The firm calculated the sales of OLED panels sized 10-inch or larger used in TVs, monitors, notebooks and tablets.Sales for these panels reached US$1.

Samsung Display may extend its production of liquid crystal display (LCD) panels up to the end of 2022, TheElec has learned.Samsung Display CEO Choi Joo-sun said the company was reviewing extending the production of large-sized LCD panels to the end of 2022, in an email sent to employees of its larg

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