ISC said on Monday that it recorded 36 billion won in revenue and 6.5 billion won in operating profit in the second quarter.Revenue dropped 34.4% from last year while operating profit nosedived by 71.7% over the same time period.The company explained that the earnings drop stems from customers’ lowe

Samsung Electro-Mechanics said on Tuesday that it has developed two new multi-layer ceramic capacitors (MLCC) for automotive applications.The new MLCCs are 250V, 33nF and 100V, 10microF for 125 Celsius, respectively, in specifications.The South Korean component maker said the two new MLCCs had the h

SK Powertech has begun mass production of silicon carbide (SiC) wafers at its new factory in Busan, parent company SK Corporation said on Tuesday.The factory began trial production in March and has turned to mass production with the addition of ion injectors, SK Corporation said.The company is aimin

A-Pro said on Monday that it recorded 60.1 billion won in revenue and 8.2 billion won in operating profit.Revenue jumped 195.6% from a year ago while operating profit turned to the black from a year ago.A-Pro currently has over 140 billion won of remaining orders for battery equipment; the company w

FNS Tech said on Wednesday that it will spend 12.7 billion won to build a new production line for cleaners of Gen 8.6 OLED masks.Masks are components used during the deposition and encapsulation process in OLED panel production.It is used in the deposition of red, green and blue organic materials as

Hyundai Motor Group said on Tuesday that it will spend 2 trillion won to build a new electric vehicle factory in South Korea.Construction of the factory to be built at the city of Ulsan will start in the fourth quarter this year with completion expected in 2025.The new factory will use smart systems

Samsung’s chip division posted a loss of 4.58 trillion won during the first quarter, the division’s first loss in 14 years.The South Korean tech company said on Thursday that it posted 63.75 trillion won in revenue and 640 billion won in operating income, a drop of 18.75% and 95.47%, respectively, f

Japan’s Idemitsu Kosan said on Tuesday that its new research center in Osan, South Korea won’t be affected by diplomatic or security issues.Idemitsu is a supplier of blue OLED material and electron transport layer to Samsung Display and LG Display for OLED panels.The Japanese company formed the rese

LG Energy Solution CEO Kwon Young-soo said on Friday that the company will begin manufacturing lithium iron phosphate (LFP) batteries for energy storage systems this year.Kwon also confirmed that the company will begin manufacturing LFP batteries for EVs in 2025, following the battery maker’s annual

Contract chip manufacturer DB Hitek said on Tuesday that it has secured global shutter and single-photon avalanche diode (SPAD) technologies for the production of high-end image sensors.The South Korean foundry said it will expand into industrial machine vision, autonomous driving, augmented reality

Inkjet printing company Unijet has been chosen as the supplier of RGB inkjet printers in a government-backed project.South Korea’s Ministry of Trade, Industry and Energy, along with the local government of South Chungcheong Province, is leading a project dubbed Display Innovation Process Platform Bu

Samsung’s new Galaxy Book laptop to be unveiled at Unpacked on February 1 will use an Octa OLED panel that supports a 120Hz refresh rate and 3K picture quality.Samsung Display said it has launched a new OLED panel aimed at laptops that integrates its Octa (On-Cell Touch AMOLED) technology.The compan

South Korean electric vehicle battery maker SK On said on Thursday that it will develop a new battery anode with US firm Urbix.The pair will collaborate on the development of the anode. If the development is successful, SK On will procure the anode from Urbix and use them at its battery factories in

Cryocooler maker Cryo H&I said on Thursday that it has developed an LN2 generator and storage.LN2, or liquid nitrogen, is used in hospitals, medicine, and bio sectors for the storage of microorganisms, cells, and vaccines for research purposes. They are also used during food processing, recycling, a

SK On showed off its battery charging technology at CES 2023.The South Korean battery maker claimed that its technology aimed to reduce charging time to 18 minutes for electric vehicle batteries __ down by close to half of the current 30 minutes.SK On said the key to this technology is to reduce the

SFA said on Wednesday that it has signed a contract worth 142.1 billion won with Tianma to supply display production equipment.The South Korean equipment maker will be supplying its logistics equipment to the Chinese display panel maker.Tianma will be using these kits for its Gen 8.6 liquid crystal

LG Innotek said on Thursday that it will show off its high-magnification optical consecutive zoom camera module, more commonly known as folded zoom camera, at CES next year.The module uses a prism to bend the light that the sensor absorbs. This allows the module to become thinner __ avoiding the cam

APS Holdings said on Tuesday that it has developed an OLED on silicon (OLEDoS) with a resolution of 3000pixels per inch (ppi).The company developed an OLEDoS in 1000ppi earlier this year.OLEDoS deposits OLED on a silicon wafer and are being developed for use in augmented and virtual reality devices.

LG Innotek said on Thursday that it has developed two lenses made out of both plastic and glass aimed at application in self-driving automobiles.These new lenses are thinner by 20% to 30% and smaller than existing lenses made out of glass. But it maintains the same performance and being thinner mean

LG Display has unveiled a prototype stretchable display that can stretch by 20%.The company said on Tuesday that the display, which can be extended, folded, and twisted, can expand in size from 12-inch to 14-inch.The stretchable display is also full color, meaning it has red, green, and blue pixels,