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

LG Display said on Wednesday that its 65-inch rollable OLED TV won the Display of the Year award given by the Society of Information Display (SID).It is the top award given by SID, the world’s foremost academic society in the display industry. SID is holding its annual conference this year online fr

LG Display is planning to expand the production capacity of its TV OLED panel factory in Guangzhou, China, TheElec has learned.The factory, which makes panels based on 8.5th-generaetion (2200x2500mm) substrates, currently has a capacity of 60,000 substrates per month.This will be expanded to 90,000

Seoul Semiconductor said on Tuesday that it has recorded 310.4 billion won in sales and 20.5 billion won in operating income in the first quarter of 2021.Sales increased 27.6% year-on-year, while operating income jumped 243.4% over the same time period.Seoul Semiconductor said it saw improved perfor

LG Electronics said on Thursday that it has posted 18.8 trillion won in revenue and 1.516 trillion won in operating income in the first quarter.Revenue jumped 27.7% and operating income 39.1% from a year ago.Both revenue and operating income was the company’s highest quarterly result ever.LG said st

Samsung Electronics marked 65.39 trillion won in revenue and 9.38 trillion won in operating profit in the first quarter this year.Revenue was the highest ever for a first quarter, Samsung said. Operating income rose 45% year-on-year.The South Korean tech conglomerate saw its mobile and consumer elec

LG Display said on Wednesday that it has recorded 6.88 trillion won in sales and 523 billion won in operating income in the first quarter.Sales increased 46% from the a year prior. However, sales dropped 8% and operating income 24% from the previous quarter.The firm beat South Korean analysts’ conse

Samsung SDI said on Tuesday that it has recorded 2.96 trillion won in sales and 133.2 billion won in operating income in the first quarter. It is a rise of 23.6% and 146.7%, respectively, from a year ago.Its energy business recorded 2.38 trillion won in sales, an increase of 32.9% from 2020. But sal