LG InnoTek CEO Jeong Cheol-dong will become the next chairman of the Korea Printed Circuit Association (KPCA), TheElec has learned.It is the first time that a CEO of a major conglomerate such as Samsung and LG to take the post.After he becomes chairman, Jeong will work to foster the local printed ci

Mcnex said on Tuesday that it expects record sales of 190 billion won from its automotive camera business.It is seeing supply volume increase to Hyundai Motor and Kia.The company said it received a new order for cameras from Hyundai Motor Group __ which owns both Hyundai and Kia brands __ back in Ap

Liquid lens can help with changing focal points in cameras, Frederic Laune, business manager at Corning Varioptic Lenses, said.Corning was also looking to expand the application of the technology based on its successful application in medical and industrial sectors, the manager told TheElec in an in

Printed circuit board (PCB) maker Daeduck Electronics has liquidated its factory in the Philippines, TheElec has learned.The factory had manufactured low value automotive boards. Daeduck is ending the business due to low profitability.The company entered Philippines in the mid-1990s to save costs bu

Display inspection equipment maker Engion said Thursday that it has developed an OLED display oxide chip thin film measurement equipment.The kit is for IGZO (indium, gallium and zinc oxide) thin film.Engion said it will develop a version of the measurement equipment for mobile OLED panels within the

Innox Advanced Materials has expanded its share in OLED encapsulation film within LG Display’s supply chain to near 60%, TheElec has learned.Innox had supplied 59% of the film used by LG Display during the first half of the year, sources said. LG Chem supplied the remaining 41%.The film is used to p

Suppliers to Samsung’s smartphone business saw their operating income slightly improve in the second quarter of 2021 from a year ago. They companies had recorded poor earnings a year ago due to the pandemic.However, compared to two years ago, their combined operating income dipped by over 70%, while

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

LG Electronics and Magna International’s joint venture held talks with Stellantis, the world’s fourth largest automobile maker, to supply electric car components, TheElec has learned.Those at LG Magna e-Powertrain and Eujin Platform, its supplier, held talks with those at Stellantis, including an ex

LG InnoTek will procure printed circuit boards (PCB) from Terranix, an affiliate of Youngpoong Group, for its automotive LED brand Nexlide, TheElec has learned.The South Korean component maker is attempting to diversify its supply chain for automotive LED.Nexlide is used in over 60 car models worldw

US glass giant Corning has increased share of glass supply to LG Display for automotive OLED panels, TheElec has learned.Corning’s glass has grown to over 10% of those used by LG Display within a year, people familiar with the matter said.The South Korean has previously procured around 70% of the gl

Germany’s Schott has won in its competition against US’ Corning in supplying ultra-thin glasses (UTG) used in Samsung’s new foldable phones, TheElec has learned.Schott is supplying all of the UTG mother glasses used by Samsung for its Galaxy Z Fold 3, as well as majority of the glasses used for Gala

Hyvision System will supply Foxconn with camera module inspection equipment, TheElec has learned.The South Korean firm clinched deal from Apple’s change to how its camera modules for iPhones are assembled.Hyvision will be supplying alignment inspection equipment to the Taiwanese company.The kit insp

LG Energy Solution was facing problems in applying its new battery production technique, TheElec has learned.This was due to the laser notching equipment needed for process likely performing less well than expected, people familiar with the matter said.Due to the issue, LG Energy Solution swapped so

The labor union for the joint venture between LG Electronics and Magna International was formed even before the company was, TheElec has learned.The labor union of LG Electronics made a filing to Incheon city on July 15 notifying the them of the formation of the union.A Icheon city official said tha

Hyundai Rotem, a part of Hyundai Motor Group, has been placing orders to its suppliers with price written as zero in their contracts, TheElec has learned.The practice has been customary with the company and its suppliers, people familiar with the matter said.It forces suppliers to delivery parts fir

Hanwha Systems said on Friday that it has created a new urban air mobility (UAM) research center to fast-track the business.A company spokesperson said the company is planning to accelerate the development of its air taxi model Butterfly, which it is co-developing with US firm Overair.The new center

P&H Tech will be the sole supplier high refractive index capping layer (CPL) to LG Display for OLED panels that will be used in Apple’s iPhones, TheElec has learned.LG Display have previously procured CPL from affiliate LG Chem but has changed the supplier for OLED panels that will be on iPhones 13

LG Electronics and Magna International said on Wednesday that they have signed the agreement to form their joint venture that will supply auto-components.LG Electronics said its has sold 49% of the shares in its wholly owned subsidiary that was formed on July 1 to Magna for US$453 million.The joint

Display equipment maker Top Engineering said on Tuesday that it is aiming to secure sales between 20 billion won to 30 billion won in the next year or two from its roll-to-roll equipment business.The company is aiming to reduce its reliance on its main display equipment business.Roll-to-roll equipme