Chinese display panel giant will secure 20 billion yuan in funds to expand its Chongqing display line, known as B12, which produces OLED panels for smartphones, according to local media Yicai.The funds will also be used to secure additional shares of Wuhan BOE Optoelectronics __ its Gen 10.5 liquid

Electric vehicle (EV) __ pure EV, plug-in hybrid and hydrogen __ sales reached 3.2 million units in 2020, 100,000 units higher than expected, EV Volumes said on Tuesday.Unit sales were also much higher than 2019’s 2.62 million.The effects of COVID-19 in the first half of 2020 saw sales slow but new

The shortage in display driver IC (DDI) was one of the factors for display panel makers to prefer producing larger panels.Due to the shortage, display panel makers chose monitor panels over TV panel and larger TV panels over smaller ones.TV and monitor panels are usually produced at the same generat

MiniLED TVs will be leading the premium TV market by 2025, market research firm UBI Research said Tuesday.China’s TCL lead the development of MiniLED TV but the market will be led by Samsung and LG, the firm said.MiniLED TV will overtake OLED TV in market share after 2024, UBI Research said.MiniLED

Wi-Fi access point company Mercury said on Monday that it has posted 40.3 billion won in sales and 3 billion won in operating income in the fourth quarter of 2021.The company’s full-year earnings in 2020 comes to 117.8 billion won in sales and 3.4 billion operating income.Earnings were focused on th

SK Innovation has begun placing orders for equipment as part of its plan to expand its second factory at Yancheng, China, TheElec has learned.It has sent letters of intent to its major battery production equipment suppliers. The orders are expected to be completed within the first quarter of 2021.Th

US Federal Communications Commission’s (FCC) C-band auction closed on Friday as the highest-grossing spectrum auction ever held in the country. Gross proceeds of Auction 107 hit US$80.9 billion, near double the previous record of US$44.9 billion of Auction 97(AWS-3). The auction made available licen

Samsung Electronics said on Monday that it was launching its location tracking accessory Galaxy SmartTag in South Korea.The tag can be connected via a key ring to Galaxy devices as well as pets and keys.Users can use the SmartThings Find feature on the SmartThings app to register the tag and locate

Auros Technology said on Friday that it was expecting new sales from Chinese semiconductor companies starting this year.It is also planning to form a research center at Silicon Valley in the US to recruit talents, the company said.Auros manufacturers semiconductor overlay measurement equipment. It l

Samsung leader Lee Jae-yong was sentenced to a two-and-a-half year jail term on Monday by a court in Seoul for bribing South Korea’s former President.Lee was taken into custody following the verdict by the Seoul High Court.The Samsung leader was firmed jailed in 2017 and sentenced to a five year pri

Broadcom is supplying its Wi-Fi 6E chip BCM4389 to Samsung Galaxy S21 Ultra smartphone, the company said.The S21 Ultra is the first ever phone to support Wi-Fi 6E.Wi-Fi 6E adds 6GHz spectrum to Wi-Fi 6 (802.11ax). This allows Wi-Fi 6E to support up to 2.4Gbps speed, double that of Wi-Fi 6’s 1.2Gbps.

Only the Galaxy S21 Ultra showed higher specs than its predecessor Galaxy S21 in Samsung’s Unpacked event on Thursday.The specs of Galaxy S21 and S21 Plus was downgraded to compared to predecessors.The Galaxy S21 Ultra has a 6.8-inch screen with QHD+ (3,200x1,440) resolution. The display’s has a 515

LG Uplus on Friday sent its request to the South Korean government to end its 2G services.The telco said it will begin ending its 2G services in the first half of 2021. The company will offer various handset and price plan programs for consumers to shift from 2G to 5G, it said.When 2G service will a

Posco Chemical said on Friday that it has secured 1.2735 trillion won in its share offering.The company issued 16.47 million shares. The payment will be made on January 21 and the shares will be listed on February 3.Company employees bought 99% of the 1.94 million shares allotted to them.Existing sh

L&F was in talks with SK Innovation to supply cathode, TheElec has learned.The company is planning to supply high-nickel cathode (over 80% nickel) to the South Korean battery make. L&F will be supplying nickel, cobalt and manganese cathode.L&F has already agreed prior to this deal to supply NCMA (wi

Samsung Electronics on Thursday unveiled its new Galaxy S21 smartphones with upped smartphone features.Specs of the models matched earlier leaks while prices have substantially dropped for the Galaxy S20 series.The new features also have upgraded features while at the same time show cost control mea

Hanmi Semiconductor posted 255.7 billion won in sales and operating income of 66.4 billion won in 2020, the company said on Friday.This is a rise of 114.6% and 361.1%, respectively from 2019.In the fourth quarter, the company posted sales of 77.5 billion won and operating income of 14.18 billion won

SK Innovation on Friday criticized LG Energy Solution over the recent decision by US’S Patent Office.SK claimed the Patent Trial and Appeal Board’s decision to reject its request to investigate whether LG’s patent was valid was a matter of procedure and that LG was using it as a publicity stunt.SK s

South Korean firms Samsung Electronics and SK Hynix has ranked second and third place, respectively, in worldwide semiconductor sales in 2020, according market research firm Gartner.Samsung marked US$56.197 billion in semiconductor sales, a rise of 7.7% from 2019. The company had a market share of 1

Dell will launch two new Alienware gaming notebooks this year, the company announced at CES 2021.Alienware m15 R4 and m17 R4 are powered by Nvida’s latest RTX 3000 series GPUs for laptops.The new GPU offers high voltage even during long game play times as well as 120Hz refresh rate, 4K resolution an