LG Energy Solution has setup an employee lounge at its new company building.The 63rd floor of Parc One Tower will offer a 1,636 square-meter lounge that can house up to 170 people, the company said.There will be a cafe, a stage and a smart working space for employees to use.On the stage, there will

The South Korean government and local companies together will spend 300 billion won for ten years to foster talents in system semiconductors, South Korea’s Ministry of Trade, Industry and Energy said on Thursday.They will also create system semiconductor design majors in local universities.By 2022,

Volvo Trucks’ electric trucks launching in 2022 will be powered by Samsung SDI’s batteries, TheElec has learned.It is Samsung SDI’s first supply for trucks __ the company has so far supplied for electric vehicles and energy storage systems.The South Korean battery maker is planning to wrap up develo

SK Innovation said on Thursday that it has acquired a 13.3% stake in Blue Park Smart Energy(Beijing) Technology (BPSE), a subsidiary of BAIC Group.The pair will collaborate in Batter-as-a-Service (BaaS) businesses.The first project will be battery replacement stations. The stations will swap spent b

Samsung Display said on Thursday that it will begin manufacturing 90Hz notebook organic light emitting diode (OLED) panels in March.There will be three 90Hz OLED products. March is when new notebooks are expected to begin sales from various global customers.Previous notebook OLED supported up to 60H

Qualcomm launched its new application processor, the Snapdragon 870, on Tuesday.The process is an upgraded version of Snapdragon 865 Plus launched earlier.The new AP clocks 3.2GHz, higher than its predecessor’s 3.09GHz. Both are made in the 7nm process.Snapdragon 870’s Kryo 585 CPU has one Cortex-A7

Samsung Electro-Mechanics said on Wednesday that it was supplying a 0.65mm thin 3-terminal multi layer ceramic capacitor (MLCC) to a global smartphone maker.The company is likely supply the capacitors for the Galaxy S21 series of smartphones launched by Samsung Electronics this month.The new MLCC is

LG Electronics will invest 50 billion won at its Changwon facility to build a home appliance lab and transition the place to a smart factory, the company said on Wednesday.LG executives and government officials of Changwon city and South Gyeongsang Province signed an agreement for the building of th

Samsung Electronics said on Wednesday that it will globally launch its consumer solid-state drive (SSD), 870 EVO.The company said 870 EVO was aimed at PC users looking for an upgraded PC experience as well as contents creators and IT professionals.The SSD use 128-layer V-NAND and the latest MKX cont

Hanmi Semiconductor vice chairman Kwak Dong-shin said on Wednesday that the company was aiming for sales of 308 billion won in 2021.This is 20% higher than its sales of 255.7 billion won in 2020, which was its highest ever.The vice chairman said the year 2021 will be when the company makes a great l

LG Electronics on Wednesday made a statement on the potential future of its Mobile Communications (MC) business, which has been posting 23 consecutive quarters.The statement was likely made to calm employees prior to the company’s announcement on the direction of the business expected around the end

LG Electronics will expand application to receive funds from its co-growth fund to tier-3 suppliers, the company said on Tuesday.The fund was set up in 2010 and is run together with Industrial Bank of Korea and Korea Development Bank. LG partners can get a loan from the fund with low interest rates.

SPIE Advanced Lithography Digital Forum will be held online next month from February 22 to 26.SPIE, the international society for optics and photonics, will host the event that will showcase extreme ultraviolet (EUV) lithography technology that is growing ever more important in semiconductor product

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

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

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

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