Solus Advanced Materials said on Monday that it has received approval for its thin foils from memory chip giant SK Hynix.It will be the first case that a domestic copper foil company supplies such a product to SK Hynix.The thin foils, which are ultra-thin at 2 micrometers, are aimed at use in a modi

South Korean printed circuit board company Korea Circuit was supplying high-end automotive flip chip (FC)-ball grid array (BGA) boards to STMicroelectronics, TheElec has learned.Korea Circuit first secured Broadcom as a customer when it began manufacturing FC-BGA.STMicroelectronics was accounting fo

LG Chem is planning to sell its IT film business as part of its wider plan to restructure its non-essential businesses, TheElec has learned.Sources said the company is planning to sell the business unit within the year.LG Chem earlier halted the operation of its petrochemical plant in Yeosu and is r

Camera module maker MCNEX saw its revenue in auto components jump 43% in the first half of the year.On Monday, the company said it recorded 443.2 billion won in revenue and 500 million won in operating profit in the first half of 2023.Revenue increased by 24% year-on-year while operating profit dipp

3D cover glass maker JNTC said on Monday that it recorded 55.5 billion won in revenue and 4 billion won in operating profit in the second quarter.For the entire first half, it recorded 112.8 billion won in revenue and 6.2 billion won in operating profit.Revenue jumped 33% compared to a year ago whil

Samsung has started the development of a new smart device that will come in the form of a ring, TheElec has learned.The so-called Galaxy Ring will use circuit boards made by Japan’s Meiko, sources said.Printed circuit boards are usually developed first for electronic devices, followed by the compone

Extended reality (XR) company Virnect is planning to expand from offering XR solutions to customers to launching XR platforms, the company CEO told TheElec.Virnect was founded in 2016 is a software company that offers XR solutions for industrial use.It offers a variety of solutions in a variety of d

LG Innotek said on Monday that it will spend 1.3 trillion won at its facility in Haiphong, Vietnam to build an additional camera module production line.The funds will be spent up to December 2025. The City of Haiphong will install additional electrical substations and offer tax benefits to the facil

Eaton Korea is aiming to expand its supply of electric solutions for data centers in South Korea, its country manager for the country told TheElec.The South Korean data center market is growing quickly from various trends such as AI, Eaton Korea President Oh Seung-hwan said.As data centers need unin

Aluminum parts maker Almac said on Tuesday it has 1.5 trillion won worth of remaining orders.The orders from automobile and battery companies are enough to provide Almac with revenues up to 2030, Almac Executive Director Junpyo Park told a press conference as the company prepares to list on the Sout

HB Technology will be supplying automated optical inspection (AOI) and repair equipment to glass substrate maker Absolics, a subsidiary of SKC, TheElec has learned.It is a new revenue source for HB Technology, which never supplied inspection equipment for glass substrates for chip packaging before.I

Samsung is planning to share internally the first mold version of the waterdrop hinge it has designed to apply on its upcoming foldable smartphones, TheElec has learned.The mold version will be shared internally this week and is the last step before verification, sources said.After the verification,

Japan’s Sharp was not part of Apple’s project to develop camera modules for the iPhone 16 Series at the current time, TheElec has learned.As such projects usually start two years prior to the commercial launch, Sharp’s absence means it is effectively out of Cupertino’s camera module supply chain for

Samsung Electro-Mechanics was conducting research into developing and manufacturing oxide solid-state batteries aimed at IT devices, TheElec has learned.Solid-state batteries use solid electrolytes rather than liquid ones in currently commercialized batteries.The electrolyte, which is between the ca

Samsung has ordered its TV and smartphone businesses to find a solution to improve their earnings, TheElec has learned.Samsung reported 63.75 trillion won in revenue and 640 billion won in operating income for the first quarter, a drop of 18% and 95%, respectively, from the same time period a year a

Samsung is reviewing a plan to launch its new foldable phones two to three weeks earlier than initially planned, TheElec has learned.The tech giant is currently planning to launch Galaxy Z Fold 5 and Galaxy Z Flip 5 smartphones in the second week of August through an Unpacked event.But the company i

LG Innotek has acquired 77 patents in the US from the now defunct autonomous driving startup Argo AI, TheElec has learned.Argo AI, which closed its business in October last year, was an autonomous driving startup that focused on lidar sensor technologies.Lidar shoots beams of light and measures the

Lotte Energy Materials is also planning to develop and manufacture copper foils for 4680 batteries.The company said it was testing the foil, called I2SH, during its conference call for its fourth-quarter earnings.The battery type is used widely by Tesla for its electric vehicles.Solus Advanced Mater

Samsung Electro-Mechanics has so far filed 14 patents that are seemingly related to solid-state batteries.According to Kpris, an open portal of all patents filed in South Korea run by the Korea Patent Office, the component maker had so far filed a total of 14 patents related to solid-state batteries

Samsung Electro-Mechanics was developing components for small solid-state batteries.Samsung Electro-Mechanics CEO Chang Duck-hyun told reporters after the company’s shareholders meeting on Tuesday that the company had the technology to make solid oxide at high temperatures thanks to its experience m