Samsung Display is expected to begin production of quantum dot (QD)-OLED panels in the fourth quarter this year, according to UBI Research.The South Korean display panel maker will use 30,000 sheets of Gen 8.5 (2200x2500mm) substrates per month to manufacture 65-inch, 4K resolution panels that use t

Hyundai Motor and Kia have faced a total of nine patent infringement lawsuits by eight different non-practicing entities (NPE), data from the Korea Intellectual Property Protection Agency (KOIPA) showed.The latest suit was filed in May against Hyundai Motor and Kia by US NPE MicroPairing Technologie

Samsung Electronics on Tuesday launched on a new processor for wearable devices that was built with its 5-nanometer extreme ultraviolet process.Exynos W920 will power the upcoming Galaxy Watch 4 that will be unveiled this week.The chip sports Arm Cortex-A55 CPU cores and a Mali-G68 GPU core.Samsung

ON Semiconductor has changed its name to OnsemiThe company said it will focus on intelligent power and sensing technologies to achieve net-zero emissions by 2040.“We have spent the last several months focusing the strategy, and realigning our product portfolio and investments to deliver market-leadi

US President Joe Biden has set a goal for half of all new US vehicles sales electric by 2030.The White House on Thursday laid out its plan to tackle climate change by cutting emissions from vehicles.President Biden signed the executive order with representatives from Ford, GM and Stellantis, and mem

Hanwha Corporation said on Friday that it has posted 12.67 trillion won in revenue and 769 billion won in operating income.Revenue increased 15.2% from the previous year while operating income jumped 53.4% over the same time period.Hanwha also recorded a net income of 572.1 billion won, an increase

SK Innovation is planning to split off its battery and oil business units in October.SK Innovation will become the holding company of the two new subsidiaries.SK Battery and SK E&P will be formed on October 1, after the move is approved by shareholders on August 16. The board of SK Innovation propos

PI Advanced Materials will list on KOSPI and its shares will starting trading August 9, the company said.The firm first listed on KOSDAQ in December, 2014.The Korea Exchange approved of the transfer, PI Advanced Materials said on Tuesday.A company spokesperson said it hopes to join the KOSPI 200 ind

Batteries made by Chinese giant CATL was the most used in electric vehicles in the first half of 2021, followed closely by South Korean rival LG Energy Solution, according to data from market research from SNE Research.CATL’s accounted for 28.4GWh from January to June, followed by LG Energ Solution’

Samsung Display was currently focusing on securing the screen uniformity of its quantum dot nanorod LED (QNED) display panel, as it wraps up development, market research firm UBI Research said on Friday.The research firm unveiled core patents filed by Samsung Display it found, which shows the struct

LG Chem posted its second quarter performance to date in the second quarter of 2021.This was thanks to its battery subsidiary LG Energy Solution posting four times the operating profit from a year ago, and strong performance of LG Chem’s petrochemical business.LG Chem said on Thursday that it record

Ublox said on Thursday said it won in its patent lawsuit against Techtotop Microelectronics Technology (TTT) in China.A court in Hangzhou ruled that TTT’s TD1030 navigation chip violated Ublox’s IP, Ublox said.The court ordered TTT to pay 11 million yuan in damages to Ublox, the company said.Ublox f

LG Chem will acquire LG Electronics’ battery separator business unit.The South Korean chemical said on Thursday that it will acquire LG Electronics’ chemical and electronics materials (CEM) business for 525 billion won.The acquisition means LG Chem will now have technologies in cathode, anode, separ

Hyundai Motor and LG Energy Solution said on Thursday that they have signed an agreement to build a joint battery factory in Indonesia.The factory will have a capacity of 10GWh per year and start production in 2024.The pair will spend US$1.1 billion in total on the venture, each owning half of the s

Posco said on Wednesday that it plans to build a new factory that will produce high purity nickel uses in cathodes for electric vehicle batteries.The company plans to spend 230 billion won to install steel removal process on its subsidiary SNNC’s existing factory equipment.Posco will also build a ne

Samsung Electro-Mechanics has begun operations of its new multi layer ceramic capacitor (MLCC) factory in Tianjin, China.The company said during its second quarter conference call that the factory has begun operation at the current time, after completion of construction and trial testing conducted i

LG Display said on Wednesday that it was reviewing the construction of an additional OLED production line for IT and mobile applications.The statement is effectively a confirmation that the company plans to restart spending on the E6-3, which will manufacture OLED panels for Apple.LG Display CFO Suh

SK Hynix has performed strongly during the second quarter thanks to high demand for semiconductors.The company’s sales and operating income for the quarter was its highest since 2018.SK Hynix said on Tuesday that it posted 10.32 trillion won in sales, 2.69 trillion won in operating income and 1.98 t

Samsung SDI said on Tuesday that it has posted 3.33 trillion won in sales and 295.2 billion won in operating income in the second quarter.Sales jumped 30.3% year-on-year while operating income surged 184.4% over the same time period.Sales was Samsung SDI’s highest in record. The company credited the

Cosmo Advanced Materials on Monday said it has recorded 5.8 billion won in operating income in the second quarter.It is an increase of 167% from the same time period a year ago.The company said its main businesses, NCM battery cathodes and films for multi layer ceramic capacitors, led the growth.Cos