The Korean CEO of TCL CSOT will step back from management of the Chinese display giant.TCL CSOT CEO Kim Woo-shik, who is also senior vice president of TCL, will leave his current role and become an advisor at TCL.Kim, who previously worked at LG Display before joining the Chinese firm, had been at C

LG Electronics may launch a transparent OLED TV in 2024 at the earliest, TheElec has learned.LG Display had pitched the idea to the electronics maker earlier this year; but such a model is not slated to launch in 2023, sources said.This is likely due to the demand for consumer electronics such as TV

LG Display is planning to halt production of liquid crystal display (LCD) panels for TVs in South Korea this month, TheElec has learned.The P7 factory at the company’s facility in Paju, which is responsible for the panels’ production, will halt production within December.The nearby P8 will continue

LG Display is expected to launch large OLED panels with micro lens array technology which will improve brightness and power consumption.The South Korean display panel maker first unveiled a 77-inch 8K OLED panel with the technology and deuterium applied at SID 2022 in May this year.Micro lens array

China’s BOE has been removed from the official list of suppliers for this year of Samsung published by the South Korean tech giant.Meanwhile, China’s Sunny Optical was newly added __ Japan’s Alps Electric, Nitto Denko, and Rohm were also noticeably absent.Samsung publishes its list of suppliers bian

South Korean chipmakers Samsung and SK Hynix are expected to showcase their latest technologies at ISSCC 2023 being held in San Francisco in February of next year.ISSCC, or the International Solid-State Circuits Conference, is called the semiconductor design Olympics by South Korean the chip industr

Samsung Display purchased 42 patents in the US related to oxide thin-film transistors (TFT) from Fujifilm last month, TheElec has learned.The South Korean panel currently uses oxide TFT on its Gen 8 quantum dot (QD)-OLED panels.Samsung Display may use the technology again for Gen 8 OLED panels aimed

Samsung is aiming to ship over 40 million units of TVs next year despite the negative outlook in the sector, TheElec has learned.The tech giant wants to cement its leadership position in the sector and considers the 40 million units the minimum it must ship annually, sources said.Around 39 million u

Samsung’s third-quarter operating profit has nosedived from low demand for memory chips and IT products.The tech giant said on Friday on its earning guidance that it expected an operating income of 10.8 trillion won and consolidated sales of 76 trillion won.Operating profit dropped around 32% from l

Samsung has begun production of 89-inch MicroLED TVs during the third quarter, TheElec has learned.It is the tech giant’s first MicroLED TV that uses low-temperature polycrystalline silicon (LTPS) thin-film transistor (TFT) glass substrates instead of the printed circuit boards used in prior models.

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,