LG Electronics was planning to expand the use of original design manufacturer (ODM) for its smartphone production next year, TheElec has learned.The company started using ODM in 2018 __ around 10% of handsets made that year was produced by contract makers. This increased to 30% in 2019 and will expa

LG InnoTek said on Wednesday that it was existing LED business.It the first official confirmation from the company itself that it was doing so.Last year in October, LG InnoTek has already decided to exit the LED business and told its retailers that it was planning to halt LED chip and package produc

Semiconductor and display panel equipment company LAT is aiming to grow by a 100% next year.It will need to enter Samsung Display’s supply chain for organic light emitting diode (OLED) production.Samsung Display and LG Display will also need to expand their investment into OLED panels.LAT CEO Park K

Seoul Semiconductor saw its operating income for the third quarter of 2020 rise 111.7% year over year.The company posted 25.4 billion won in operating income and 331 billion won in sales during the quarter.It was also a sales increase of 16.8% year over year and its highest quarterly sales ever, Seo

Organic light emitting diode (OLED) startup Lordin will launch OLED lighting products, the company said on Tuesday.Company CEO Oh Hyoung-yun said it will develop a blue OLED material and launch lighting products that will have a different concept from what is in the market.Lordin specializes in blue

LG Electronics has begun sales of its rollable TV in South Korea.LG Signature OLED R will cost 100 million won (US$87,000).The TVs will be displayed on the company’s premium stores, starting with LG Electronics Best Shop in the affluent Gangnam district.The TV has a 65-inch OLED screen that can roll

LG Velvet’s UI will be expanded to budget model smartphones, LG Electronics said.Smartphones such as Q51 and Q61 will get the UI within the year, the company said. V35 ThinQ, launched in 2018, will also get the UI.LG Velvet’s UI was intuitive and convenient, the South Korean company said.

LG Electronics said on Wednesday that it will collaborate with UK automobile giant Bentley Motors in marketing LG Signature OLED R rollable TVs.The South Korean company is planning a private VVIP event that will run from October 14 to 19 in Seoul to unveil the OLED R TV.The event will run in session

LED maker Wooree E&L is expected to post around one billion on in operating profits and 30 billion won in sales in the third quarter.It will be double the operating profits of the previous quarter and 10% increase in sales quarter over quarter.A rise in demand in liquid crystal displays (LCD), which

LG Electronics has posted its highest ever quarterly profits in the third quarter of 2020.The South Korean electronics maker said it expects operating profits of 959 billion won and sales of 16.92 trillion won in the quarter.It is a rise of 22.7% and 7.8%, respectively, year over year.South Korean a

Microcontroller unit (MCU) fabless company ABOV Semiconductor will expand into edge artificial intelligence (AI) for growth going forward, the company said.Company vice president Jae C. Son said it will create solutions optimized for the edge AI computing era, at an online forum held by Sungkyunkwan

Samsung Electronics plans to launch more home appliances with ultraviolet (UV) LED applied to them in 2021, TheElec has learned.Samsung decided on the matter in September to apply UV-C __ ultraviolet light with wavelength between 250nm to 280nm that are useful for disinfection __ LED on more of its

System semiconductor startup SKAi Chips has received 1.6 billion won in investment from a listed South Korean fabless company in its Series A funding round, the company said on Wednesday.The investment was thanks to SKAi’s competence in analog mixed signal chip designs, the startup said.SKAi Chips s

Official sales of LG Wing, LG Electronics’ swiveling dual screen smartphone, will begin on October 6 in South Korea.LG said South Korean and the US was its most important smartphone markets. By having the phone launch around the same time in both markets, the company aims to win over customers that

LG Electronics will launch its OLED rollable TV, the LG Signature OLED R, next month.The company has sent invites for the launch event to VVIPs and opened a dedicated homepage for the TV, the company said.The event will last from October 14 to 19.The rollable TV is expected to be priced at around 10

KT led AI One Team, an industry alliance of companies collaborating in artificial intelligence (AI) services, has shared their achievements of the past six months at their own summit on Friday, the telco said.AI One Team started with KT, Hyundai Heavy Group, KAIST, Hanyang University and Electronics

LG Electronics has set the price of its swiveling dual screen smartphone LG Wing at 1,098,900 won (around US$950) in South Korea. In comparison, Samsung Electronics’ Galaxy Z Flip 5G is being sold at 1.65 million won in South Korea.LG claimed the price tag was the cheapest so far for an unconvention

Arm’s subsidiary Arm Treasure Data is offering its Customer Data Platform (CDP) for South Korean companies that will use local data centers.Previously, the service was offered through data centers in the US and Japan.South Korean firms will be able to store their data locally through the service now

LG Electronics has launched the budget model LG Q31 smartphone in South Korea.It supports 4G LTE connectivity and is the cheapest phone the company has launched in the country this year at 209,000 won.The phone has military spec of the US military that can endure low and high temperatures, high humi

LG Electronics will launch its dual screen smartphone the LG Wing in October in South Korea, the company announced.The company is expected to produce some 300,000 units if the phone, TheElec has previously reported.The phone has a main screen that can be rotated 90 degrees to unveil a second screen