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

South Korea’s smartphone market will grow 11% in 2021 to around 19 million smartphones, according to market research firm Counterpoint.This is from pent-up demand after the pandemic, larger availability of 5G smartphones and phones with new form factors alluring consumers waiting to change their pho

SK Innovation’s claim that LG Energy Solution’s electric vehicle battery patent was invalid was rejected by US Patent and Trademark Office (USPTO).The Patent Trial and Appeal Board under USPTO rejected SK’s request to start an investigation on the matter.SK claimed 8 patents related to cathode and s

Mcnex unveiled its in-cabin camera system at CES 2021.The system offers driver and occupant monitoring in side cars.This is increase safety for passengers, Mcnex said.Such system is applied more and more by automobile companies in preparation of the self-driving cars, the South Korean company said.M

SK Hynix said on Thursday that it has issued a green bond worth US$1 billion to invest in projects for environmental, social and governance (ESG) management.A green bonds are limited to being able to fund environmentally friendly projects. SK Hynix said it was the semiconductor company in the world

SoluM is aiming to surpass BOE in electronic shelf labels (ESL) within the next three years to become the world’s largest vendor, CEO Jun Sung Ho said on Wednesday.In 2019, BOE acquired France’s SES Imagotag, which is the world’s largest ESL maker. Ranked second is Sweden’s Pricer. SoluM is third.So

Intel announced on Wednesday that CEO Bob Swan will step down on February 15 and be replaced with Vmware CEO Pat Gelsinger.Swan joined Intel as a CFO in 2016, he was CFO at eBay for 9 years prior to joining. After previous CEO Brian Krzanich was fired in 2018, Swan took over as interim CEO for seven

LG Display said on Wednesday that its factory at Paju suffered a gas leak that injured six people.Tetramethylammonium hydroxide was leaked when workers were trying to reconnect a pipe at LG’s P8 factory, the company said.Two were heavily injured __ they suffered heart attacks but were revived __ whi

Western Digital on Thursday launched four 4TB portable solid-state drives (SSD) aimed at consumers.They are: Sandisk Extreme Pro Portable SSD, Sandisk Extreme Portable SSD, WD Black P50 Game Drive SSD and WD My Passport SSD.The new SSDs will be optimal for use by gamers, content creators, those who

NXP on Tuesday introduced a slew of technologies at CES 2021.These include its technologies in Wi-Fi6, radar, ultra wide band (UWB), time-sensitive networking (TSN) and computer numeric control (CNC) machines.NXP has Wi-Fi6 and Wi-Fi 6E chipsets that can make life more convenience at homes, which ar