Fab scrubber and chiller firm GST is aiming to supply one of its chillers to a major Taiwanese chipmaker within the year.The South Korean kit maker has been demo testing the equipment with the potential customer since November of last year, sources said.GST could win the order sometime in the second

LG Electronics said on Wednesday that it was exiting its solar panel business. It will officially close down the business on June 30, after its board of directors approved the decision on Tuesday.The company said it made a comprehensive review of the impact of increasing material and logistics costs

LG Innotek said on Tuesday that it will spend 413 billion won on manufacturing flip-chip ball grid array (FC-BGA), its official confirmation of entering the high-end semiconductor board market.The South Korean component maker said it will spend the fund up to April 2024.FC-BGA is harder to manufactu

Samsung’s market share in the premium TV market last year dropped slightly while those of LG’s increased, according to analyst firm Omdia.Omdia said Samsung Electronics' market share in TVs US$2,500 or higher priced dropped by 3.3 points last year from a year prior.The company, the world’s largest T

Qualcomm has given the foundry order for its 3-nanometer (nm) application processor launching next year exclusively to TSMC, TheElec has learned.The US chip giant has also given some of the foundry work for its 4nm application processor, the Snapdragon 8 Gen 1, to the Taiwanese chip giant, which it

LG Display has made a proposal to LG Electronics to launch a transparent OLED TV, TheElec has learned.The display maker has proposed the launch of a TV that uses a 55-inch transparent OLED panel to LG Electronics’ Home Entertainment Company, its TV business unit, sources said.The panel will be fixed

Electronic material supplier LTC will acquire Mujin Electronics’ fab equipment business unit, TheElec has learned.A person familiar with the matter said the deal won’t be worth over 100 billion won.LTC will form a co-fund with an outside investor to pay the acquisition fee, they said.The company bea

Hyundai Motor was considering procuring home appliance IC controllers as the prolonged global chip shortage continues to affect automobile production, TheElec has learned.The South Korean automobile giant was conducting tests to see whether these controllers can replace the ones it currently uses an

Mplus, a battery production equipment supplier to SK On, will also develop equipment for its main customer’s rival LG Energy Solution, TheElec has learned.The company participated in a recent event hosted by LG Energy Solution at its factory in Ochang.LG Energy Solution held the event to showcase it

Samsung Electronics and Samsung Display have hit a roadblock in their negotiations over the price of quantum-dot (QD)-OLED panels that the latter originally planned to supply to the South Korean electronics giant for their TVs, TheElec has learned.The negotiations, which started late last year, have

LG Group had refused to hand over its chip development team to LX Group, which had split off from the former last year, TheElec has learned.LX Semicon, formerly called Silicon Works, had made a request during the second half of 2021 to LG Electronics to transfer its personnel and asset under the Sys

Samsung Display is unlikely to decide within the first half of this year on whether it will spend more to expand its production capacity of quantum dot (QD)-OLED panels this year, TheElec has learned.It is unlikely that the company will hold an investment review on QD-OLED during the first half of 2

LG Electronics said it has recorded 74.72 trillion won in revenue and 3.86 trillion won in operating income for the entire year of 2021.The revenue figure is its highest to date, which the South Korean electronic maker credited to high sales of premium home appliances.Revenue increased 28.7% from 20

Samsung Display had said that it will utilize its patents in various ways amid intensifying competition in the mobile OLED space.During Samsung Electronics’ conference call for the fourth quarter, Samsung Display executive vice president Choi Kwon-young said that the company “will utilize its patent

Share prices of LG Energy Solution soared in its debut on the South Korean bourse on Thursday, making the company the second most valued company on KOSPI instantly.The South Korean battery maker was valued at 110 trillion won in its debut, putting it just behind Samsung Electronics’ valuation of 439

Samsung has posted solid earnings for the fourth quarter last year thanks to expanded sales of finished products and advanced processing nodes in semiconductors.The company said on Thursday that it has recorded 76.57 trillion won in revenue and 13.87 trillion won in operating profit in the fourth qu

Samsung Electronics is reevaluating its plan to invest in fan-out wafer-level package (FoWLP), TheElec has learned.The company originally planned to spend around 200 billion won to manufacture the package at its Cheonan plant to apply them in Exynos application processors.According to sources, in a

Dongwoon Anatech was supplying its closed-loop autofocus driver IC to Xiaomi for the latter’s augmented reality (AR) glasses, TheElec has learned.The chip is used to control where the lens is during camera focusing.An open-loop driver sends electricity to the voice coil motor. It is cheaper to make

Samsung Display is planning to use inkjet equipment from US firm Kateeva for use in its Q1 production line, which manufactures Gen 8.5 (2200x2500mm) quantum dot (QD)-OLED panels, TheElec has learned.Samsung Display will place the order to HB Solution, which adds software to Kateeva’s inkjet equipmen

Fab and display equipment maker Wonik IPS has hired an ex-Samsung chip expert in its recent reorganization, TheElec has learned.The company named Ahn Tae-hyuk as head and president of its semiconductor research lab.Ahn was last the executive vice president at Samsung SDI, where he oversaw their smal