LG Electronics said on Wednesday that it will be offering various benefits for consumers in South Korea who buy an OLED TV at offline stores by April.Those who buy LG Signature OLED 8K will get up to 2 million won worth of benefits.For consumers who buy a 77-inch OLED TV, if they buy an additional 5

Samsung Electronics will hold an unveiling event for new Galaxy A smartphones for the first time next week.The company said on Wednesday that it will hold an online event called Samsung Galaxy Awesome Unpacked on 10am March 17 (US EST).It will likely unveil the rumored Galaxy A52 and A72 smartphones

Up to 45% of batteries used for electric vehicles (EV) will be pouch-type batteries in 2025, according to market research firm EV Volumes.The global EV battery market will use 1,000GWh of batteries in 2025, and 450GWh of them will be pouch-type, the firm said.Tesla currently uses cylinder batteries

LG Electronics said on Tuesday that it has won a patent infringement lawsuit against TCL in Germany.The Mannheim Regional Court ruled in favor of LG on March 2, finding that TCL has infringed the South Korea company’s standard essential patent EP 2 627 146 B1 related to LTE technology.LG filed three

Worldwide revenue from organic light emitting diode (OLED) increased only increased 0.7% in 2020, according to market research firm UBI Research.This was due to price drops of smartphone OLED panels, which cause revenue increase to be less than shipment increase, the firm said.Global OLED revenue hi

Hanwha Corporation and Hanwha Systems were received the awards by Korea Exchange for excellences in public disclosures.The Korea Exchange said the two companies shared information quickly and accurately, which allowed them to strengthen communication with shareholders.Hanwha Corporation received the

The prolonged suspension of Samsung’s chip plant in Austin due to power shortage caused by freeze is increasing the possibility that smartphone production of the Korean company and Apple maybe negatively affected from the fallout.The chip plant in Texas manufacturers chips for the world’s two larges

Daeduck Electronics will invest 70 billion won to expand its production capacity of flip chip ball grid array (FC-BGA), TheElec has learned.It follows the company’s 90 billion won investment into the business last year. With the additional investment, Daeduck will have spend 160 billion won in FC-BG

Samsung SDI was preparing to expand its cylinder battery production, TheElec has learned.Spending for the expansion will start in the second half of the year at the earliest.Its factories in Seremban, Malaysia and Cheonan, South Korea will be targets.Samsung SDI last invested in cylinder battery at

Telechips have succeeded in commercializing 14-nanometer (nm) application processor for automobile cockpit, TheElec has learned.The firm will be supplying the chip, Dolphin 3 (model name: TCC805X), to a Chinese automobile company through a local tier-1 supplier.Mass production and supply will begin

Posco and SK Global Chemical said on Monday that they will co-develop new composite materials to make automobiles lighter.The pair will develop materials that can be used to manufacture battery packs, in light of the expansion of the global electric vehicle market, they said.The companies will also

Display panel manufacturers TCL and Innolux have said they are expecting supply of liquid crystal display (LCD) panels to be tight throughout the year.TCL chairman Li Dongsheng said at a media briefing last week that the shortage in panels will continue in the first half of 2021. The situation for t

SK Innovation said on Sunday that it will be selling its stake in a US shale oil field.It will stake and related assets in Oklahoma and Texas to BenchMark Energy.The deal will be completed within this month. The pair signed the contract for the deal in January. The terms of the deal were not disclos

KNW said on Monday that it has completed the acquisition of Solvay Korea.The company acquired 4 million shares for 20 billion won.KNW has secured fluorine (F2) and sulfur hexafluoride (SF6) businesses through the acquisition. The chemicals are used for semiconductor production and as insulators in g

LG Display on Sunday talked up the benefits of OLED TV technology on a new clip promoting Disney’s upcoming movie Raya and the Last Dragon.The 30 second clip posted on YouTube is trailer for the movie shown on an OLED TV.Disney also used OLED TV for its promotional event on March 4.LG Display and Di

SK Hynix begun mass production of 18GB LPDDR5 mobile DRAM, the company said on Monday.The chips will be supplied to Asus for ROG(Republic of Gamers) 5 gaming smartphone.SK Hynix said the new chip can run at up to 6,400Mbps, which is 20% faster than its predecessors that supported to up to 5,500Mbps.

Samsung Electronics will begin sales of its mid-tier Galaxy A42 5G smartphone in South Korea on Friday.The smartphone packs a 6.6-inch screen, quad camera and a 5,000mAh battery. It has what Samsung calls a layered pattern design on its back cover.The cameras on its back are 48MP main, 8MP ultra wid

Hana Technology said on Friday that it will issue 100% bonus shares.Existing shareholders will get one free share per existing ordinary share.The company will issue 3.51 million shares for free __ it will have 7.27 million shares in total afterwards.The shares will be issued on March 23 and listed o

Merck said on Friday that it will be changing the name of its performance materials business to electronics.The name change was part of its strategic realignment for the past couple of years, the company said. It was part of its Bright Future program that started in 2018, Merck said.“The renaming of

Interests for virtual reality, augmented reality and extended reality __ which combines the two, know as XR __ remain strong.However, what direction XR will develop technologically remain uncertain. And despite some industrial applications, a mass market XR consumer devices seem far away from realit