LG Innotek is likely to announce additional spending plans for its flip chip (FC)-ball grid array (BGA) next year, TheElec has learned.The South Korean component maker announced a 413 billion won spending plan in February this year for the business that will last until April 2024.LG Innotek had said

LG Display is set an OLED panel shipment target for 2023 that is higher than its expected shipment this year, TheElec has learned.The company is expected to ship less of the panels than it aimed for this year due to demand for TVs falling, in general, this year from inflation.LG Display is planning

There will be no spending on equipment related to the production of large OLED panels used in TVs and monitors next year, analyst firm Display Supply Chain Consultants (DSCC) said in its forecast.Such panels are made by South Korean companies LG Display and Samsung Display.DSCC said spending on equi

Samsung said on Thursday that it has joined the RE100 initiative and will target reaching net zero carbon emission by 2025.RE100 stands for Renewable Energy 100% and its aim is to have companies use 100% renewable energy by 2025.Samsung said it uses the most energy among ICT manufacturers __ it used

Chinese battery equipment firm Lead Intelligent has hired an ex-LG Energy Solution executive as head of its South Korean operation, TheElec has learned.The Chinese firm hired Kwon Tae-joon, who previously worked at LG Chem’s petrochemical business and LG Energy Solution’s energy storage system busin

Samsung Display is planning to expand the production capacity of quantum dot (QD)-OLED panels by 30% before the year’s end, TheElec has learned.The company plans to achieve this by reducing the takt time __ the time it takes to manufacture a product __ without additional spending on equipment, sourc

LG Display is planning to unveil a 20-inch OLED panel by the end of the year for application in personal devices.LG Display vice president Kang Won-seok said during a forum hosted by the Korea Display Industry Association said demand for personal displays has risen during the pandemic and the new pa

TCL chairman Li Dongsheng had asked South Korean display equipment makers for an understanding of the current delays in payments during his visit last month, TheElec has learned.Due to low demand for TVs, display panel makers like CSOT, a subsidiary of TCL, are currently operating their factories at

LG Display CEO said on Wednesday that the company was open to converting its liquid crystal display (LCD) TV production lines in South Korea to those dedicated to OLED.LG Display CEO Jeong Ho-young, speaking at an event hosted by the Korea Display Industry Association, an organization he is currentl

Samsung on Thursday said it recorded 77.2 trillion won in revenue and 14.1 trillion won in operating profit for the second quarter.This is an increase of 21% and 12%, respectively, from a year ago and its highest second-quarter revenue ever.Its Device Solutions Division, its semiconductor division,

TCL chairman Li Dongsheng is expected to visit Apple’s headquarters in Cupertino very soon, TheElec has learned.His visit is likely aimed at winning supply orders for liquid crystal display (LCD) panels made by TCL subsidiary CSOT from the iPhone maker for use on its tablets and MacBooks, sources sa

Samsung was buying fewer TV display panels from BOE due to a royalty issue, TheElec has learned.The South Korean tech giant had demanded that the Chinese display panel maker pay around 100 billion won in royalty payment if they want to advertise that they are supplying their liquid crystal display (

TCL chairman and CEO Li Dongsheng will visit Samsung Electronics during his trip to South Korea later this month where he will also visit South Korean display equipment makers, TheElec has learned.Li is expected to secure from Samsung purchase orders for display panels for CSOT, TCL’s display panel-

Samsung Electronics was selling its key QD (quantum dot)-OLED TV model at a price point US$200 lower than its main competition W (white)-OLED TV made by rival LG Elecronics, analyst firm UBI Research says.Samsung’s 65-inch QD-OLED TV model, S95B, was being sold for US$2,800 on BestBuy, compared to L

TCL chairman and CEO Li Dongsheng will visit South Korea near the end of the month to meet local display panel production equipment makers, TheElec has learned.His visit to South Korea is scheduled ahead of his trip to Japan where he plans to visit Japanese display panel maker JOLED.Li is expected t

Samsung has temporarily suspended the purchase of liquid crystal display (LCD) panels due to low demand for TVs, TheElec has learned.It had sent such a notice in mid-June and those affected by the halt include display panel makers BOE, CSOT, HKC, AUO and Innolux, sources said.The move is expected to

Samsung is planning to begin production of its new MicroLED TVs that use low-temperature polycrystalline silicon (LTPS) thin-film transistors (TFT) during the third quarter, TheElec has learned.They will be the tech giant’s first MicroLED TVs that use LTPS TFT instead of printed circuit boards (PCB)

Samsung’s share based on shipment in premium TVs in China has dropped substantially over two years, analyst firm Display Supply Chain Consultant (DSCC) says.Samsung’s late-20% share in 2019 dropped to late-10% in 2021, the firm said.It dipped below 20% for the first time during the fourth quarter of

Display revenue in 2022 is expected to drop 15% year-on-year to US$133.18 billion, according to analyst firm Omdia.The drip follows year-on-year increases in 2021 and 2020, which were 26% and 14%, respectively, due to increased demand for liquid crystal display (LCD) panels from the Covid-19 pandemi

Samsung Display is likely to build its first Gen 8.5 OLED line with a capacity of 15,000 substrates per month, TheElec has learned.Gen 8.5 (2200x2500mm) substrates are larger than the Gen 6 (1500x1850mm) used widely for smartphones.This means it is more efficient and productive for making larger OLE