Posco will be building a new lithium extraction plant at Gwangyang, the company said.The plant will have an annual production capacity of 43,000 metric tonnes. Construction will start in the first half 2021. The plant will be completed in 2023.The amount is enough to power a million electric vehicle

SK Hynix has formed a new group that will focus on development of fab equipment technologies, TheElec has learned.The South Korean memory maker had hired an outside expert and named them an executive vice president to lead the fab equipment development group.The group will be under direction supervi

A senior executive at Samsung Display has won a prestigious award given by the Society for Information Display (SID).Samsung Display president Kim Sang-chul was awarded the Karl Ferdinand Braun Prize by SID, for his contribution to the mass production of high-resolution OLED panels based on low-temp

LG Chem said on Wednesday that its second carbon nanotube (CNT) factory at Yeosu has finished construction and began production.With the factory going live, the company’s annual CNT production capacity has now increased from 500 metric tonnes to 1,700 metric tonnes.CNT has the same levels of heat co

Merck Electronics may invest over 200 million euros for the next five years in South Korea to expand its facilities in the country.The firm had agreed with Gyeonggi Province to expand investment and foster talents in semiconductors and displays together on Tuesday.Merch Electronics CEO Kai Beckmann

Dongwha Electrolyte is planning to build a new factory in the US, TheElec has learned.The company is planning to spend 60 billion won for the electrolyte factory.Georgia, South Carolina and Alabama are some of the states being considered.These states fave factories run by SK Innovation, Ford, Hyunda

South Korean cover glass company JNTC will be supplying cover glass for the display on a new electric vehicle by Mercedes-Benz that will launch in the second half of the year, TheElec has learned.The firm will be the exclusive supplier of the cover glasses used for the user experience hyperscreen (M

SK IE Technology’s second battery separator factory in Changzhou, China has begin operation, the company said on Tuesday.Out of the factory’s total production capacity of 340 million meter-square, 170 million meter-square has gone live, the subsidiary to SK Innovation said.Combined with the first fa

Analog Devices said on Tuesday launched reference design for a 16-channel mixed-signal front-end (MxFE) digitizer.The digitizers are for aerospace and defense applications such as phased array radars and ground-based satellite communications.They include four AD9081 or four AD9082 software-defined d

The San Diego Supercomputer Center will use chips from Intel subsidiary Habana in its Voyager artificial intelligence (AI) system.Voyager will be powered by 336 Habana Gaudi processors built for AI workloads. Gaudi natively has ten 100Gb Ethernet ports of RoCE v2 to minimize throughput bottlenecks.T

Samsung Electronics is planning to sell around 400 units of fab equipment to UMC to be used in the latter’s factory in Taiwan, according Taiwan Economic Daily.The pair has recently signed a contract for UMC to manufacture Samsung’s image sensors.The equipment will be used in UMC’s P6 plant at Nanke.

Spending in China’s battery industry increased by 72.4% from a year ago in the first quarter of 2021, according to Gaogung Industry Research Institute (GGII).Spending, which includes those for materials, components and equipment, reached 319 billion yuan in the quarter, GGII said. There were 21 case

The Korea Semiconductor Industry Association (KSIA) has asked the South Korean government to enact new laws that provide support for the industry.The association said in an open letter that the US was planning to offer up to 40% tax reduction for semiconductor equipment spending, while the European

Whether Samsung Display will commence its second stage spending on its quantum dot (QD)-OLED display panel this year as planned will be determined by the yield rate of its Q1 production line, according to market research firm Omdia.The company had planned to commence its second stage spending near t

Samsung Electronics said on Friday that it will encourage open source innovation with its own storage platform called Project Poseidon.Project Poseidon is the company’s disaggregated storage platform designed to meet the needs of hyperscale server manufacturers and the data center market.Earlier in

LG Energy Solution and SK Innovation have settled their battery lawsuit, the companies announced on Sunday.The pair’s settlement comes a day before the deadline for US President Joe Biden to exercise his rights to veto a ruling made by the International Trade Commission in February.The commission ha

Philoptics said on Friday that it has won additional orders for its back side align (BSA) direct image (DI) exposure machine used in semiconductor production.The machines uses special lighting and camera to detect BSA mark on wafers. It can increase the accuracy of the alignment between the front an

Robotic automation firm Raontec is planning to list on KOSDAQ in May. The company filed a security report for the listing to financial authorities on Friday.The company previously listed on KONEX in 2015. It is planning to list on the higher tier bourse through the special exemption rule for technol

Poongwon Precision is aiming to list on KOSDAQ this year, TheElec has learned.The company is also aiming to supply its fine metal mask (FMM) for OLED within the year, people familiar with the matter said.FMM is used to deposit organic material, during the production of OLED.In February, Poongwon was

Samsung’s upcoming foldable smartphone Galaxy Z Fold 3 will have a battery capacity of 4,380mAh, TheElec has learned.This is 3% smaller than Galaxy Z Fold2’s 4,500mAh, which launched last year, but same as the first Galaxy Fold of 2019.Galaxy Z Fold 3 will have the same dual battery system as its pr