Samsung on Thursday said it recorded 77.2 trillion won in revenue and 14.1 trillion won in operating profit for the second quarter.This is an increase of 21% and 12%, respectively, from a year ago and its highest second-quarter revenue ever.Its Device Solutions Division, its semiconductor division,

Samsung will gain procure protective films used in its foldable smartphones from South Korean component maker Segyung Hitech for its upcoming Galaxy Z Fold 4 and Galaxy Z Flip 4 phones, TheElec has learned.Segyung Hitech had been the supplier of the films, used to protect the screens on the phones,

Samsung is planning to use three battery suppliers for its new foldable smartphones launching next month.The company is planning to use batches made by Samsung SDI, LG Energy Solution and ATL, sources said.Samsung had used only Samsung SDI as a supplier for its first foldable smartphone Galaxy Fold.

TCL chairman Li Dongsheng is expected to visit Apple’s headquarters in Cupertino very soon, TheElec has learned.His visit is likely aimed at winning supply orders for liquid crystal display (LCD) panels made by TCL subsidiary CSOT from the iPhone maker for use on its tablets and MacBooks, sources sa

Samsung is planning to reduce the number of rear camera modules on its mid-tier Galaxy A series starting next year, TheElec has learned.The company will most likely remove the depth camera that was considered underutilized and instead focus on increasing the specifications of the remaining cameras,

As Samsung is gearing up for the launch of its new foldable smartphones this year, it has in turn set a more conservative shipment target for its follow-ups to launch next year, TheElec has learned.This was because of the overall dim outlook for smartphone sales going forward as well as economic und

Fine Technix is likely aiming to enter Samsung’s supply chain for hinges used in their foldable smartphones.The South Korean smartphone giant had so far used hinges mostly from supplier KH Vatec.Fine Technix had said earlier this month during an investors relations conference that its new subsidiary

Samsung Display had received requests from its customers to develop a MicroOLED panel, something which it had been avoiding so far due to expected low profitability, TheElec has learned.These customers include Samsung Electronics, its parent company, and another of its main customer Apple as well as

TCL chairman and CEO Li Dongsheng will visit South Korea near the end of the month to meet local display panel production equipment makers, TheElec has learned.His visit to South Korea is scheduled ahead of his trip to Japan where he plans to visit Japanese display panel maker JOLED.Li is expected t

Samsung Display and Japan’s Ulvac will start price negotiation for the Gen 8.5 OLED deposition equipment that the latter will be supplying, TheElec has learned.The pair had been working to develop a deposition machine for Gen 8.5 (2200x2500mm) substrate that uses full-cut substrates and deposits org

Samsung will start trial production of its 3-nanometer(nm) foundry process for customers this week at the earliest, TheElec has learned.The first customer for the process will be the Chinese application-specific IC firm, sources said.Qualcomm, Samsung’s largest customer, had also made reservations f

Chinese smartphone makers had launched a total of 76 models of smartphones that use OLED panels up to May this year, analyst firm UBI Research said on Wednesday.In the month of May alone, 20 new models were launched, the firm said.Vivo was the top vendor in terms of OLED smartphones, having launched

Samsung had nearly 50 million units of smartphones in distributor stocks, TheElec has learned.Its mid-tier Galaxy A series took up a huge portion of smartphones in inventory being read to be sold, sources said.They said Samsung is aiming to ship around 270 million units of smartphones this year and

Samsung is planning to use batteries made by LG Energy Solution for its Galaxy A and M series of smartphones, TheElec has learned.The South Korean tech giant has been using batteries made by its compatriot since 2019.It used them for the now discontinued Galaxy Note series and currently uses them fo

Samsung Display is likely to build its first Gen 8.5 OLED line with a capacity of 15,000 substrates per month, TheElec has learned.Gen 8.5 (2200x2500mm) substrates are larger than the Gen 6 (1500x1850mm) used widely for smartphones.This means it is more efficient and productive for making larger OLE

Samsung manufactured around 12 million units of smartphones during the month of May this year.This was 20% less than a year ago, while accumulated production volume for the first four months of the year was also lower than a year ago, sources said.This dip, if it continues throughout the year, could

Google has postponed the launch of its first foldable smartphone again, TheElec has learned.The company planned to launch the project sometime during the fourth quarter but delayed the launch this year.It is the US company’s second postponement of the launch __ it originally planned to showcase the

BOE is yet to receive approval from Apple to manufacture OLED panels for the upcoming iPhone 14 smartphones series, TheElec has learned.The company was caught having changed the circuit width of the thin film transistors on the OLED panels it made for iPhone 13 earlier this year, people familiar wit

The first quarter earnings of suppliers to Samsung recovered thanks to the launch of Galaxy S22 smartphones, their earnings report showed.The combined revenue of 22 suppliers of components to the tech giant increased 28% this year compared to 2021 to 3 trillion won.Their combined operating profit ju

Samsung Display was researching phosphorescent blue OLED material to apply on quantum dot (QD)-OLED panels, according to a South Korean professor.Kyung Hee University professor Kwon Jang-hyuk told audiences at SID 2022 Review Symposium held in Seoul on Wednesday said it seemed the South Korean displ