Hyundai Motor has begun the development of electric vehicles powered by lithium iron phosphate (LFP) batteries to launch outside of China, TheElec has learned.The South Korean automobile giant so far only manufactured electric vehicles that use LFP batteries in China.Hyundai Motor began the developm

LG Electronics said on Wednesday that it has supplied the advanced driving assistance system (ADAS) camera module on the 2021 Mercedes-Benz C-Class.The South Korean electronic maker said its ADAS offers automatic emergency braking, lane departure warning, lane keeping assist, traffic sign recognitio

Battery electrode slot die equipment maker GI Tech is aiming to list on KOSDAQ on October 21.The company will be offering 2.7 million shares for sales. It is asking for a price between 11,500 won to 13,100 won per share. Mirae Asset Securities is underwriting the deal. It is seeking up to 35.4 billi

South Korean battery production equipment maker A-Pro will be supplying its charge/discharge equipment to Ultium Cells, the joint venture between LG Energy Solution and General Motors.A-Pro said it will deliver the kits from its research center at Siheung, South Korea, and begin shipping in October.

SK On, the battery business unit of SK Innovation, is considering developing lithium iron phosphate (LFP) batteries, its CEO told Reuters.The South Korean battery maker is considering developing LFP batteries for specific applications such as low-priced vehicles, SK On CEO Jee Dong-seob said."There

LG Display has begun the development of 12.9-inch OLED iPad, TheElec has learned.As Samsung Display recently scrapped the development of a 10.86-inch OLED iPad it was proceeding with Apple, LG Display will likely be able to enter the IT OLED market at a level playing field with its South Korean comp

The financial crisis of China’s Evergrande Group is expected to impact the businesses of some South Korean battery equipment makers.The group formed a subsidiary called Yangzhou Evergrande Neoenergy Technology Development in 2019 to expand into the electric vehicle industry.This company had signed m

Apple and Samsung Display have canceled their joint project to develop a 10.86-inch OLED iPad, TheElec has learned.The tablet was originally slated to launch in 2022 and would have been Cupertino’s first iPad to sport an OLED panel.The project was stopped due to either the single stack structure of

Chinese battery giant CATL held a 34% market share in the global electric vehicle (EV) battery market from January to August, according to SNE Research.South Korean rival LG Energy Solution controlled 21.5% during the same time period, while Japan’s Panasonic held 11.1%.In terms of capacity, LG Ener

South Korean fabless firm Eyenix said on Monday that it has recently started the production of its latest SoC for security cameras.EN675 is made based on RISC-V architecture and begun production in July.The SoC packs an image signal processor, video codec, CPU and neural processing unit.This allows

SK Innovation and EcoPro have started discussions to form a joint venture in the US, TheElec has learned.The venture will produce battery cathode materials and conduct battery recycling businesses, people familiar with the matter said.How many shares of the venture each will have is yet to determine

LG Energy Solution said on Friday that it has developed the technology to have solid-sate batteries chargeable at ambient temperature.The company collaborated with the University of California San Diego for the technology.The pair developed a solid-state battery that can charge over 500 times at 25

LG Electronics said on Thursday that it has acquired Israel-based cybersecurity startup Cybellum.The South Korean tech giant acquired 63.9% of the shares in the startup and plans to buy additional shares within 2021.It also signed an agreement to acquire future equity for US$20 million, in which LG

Samsung Display will try out using vertical deposition of organic material for the production of Gen 8.5 IT OLED panels, TheElec has learned.The South Korean display maker was collaborating with Japan’s ULVAC in the development of the equipment needed for this process, sources said.IT OLED panels re

Shipment of OLED panels 10-inch or larger exceeded 10 million units for the first time during the first half of 2021, according to UBI Research.This was thanks to high sales of tablets and TVs that use OLED panels, the analyst firm said.According to UBI Research, shipment of OLED panels 10-inch or l

LG Energy Solution has put in 35 billion won into China’s Greatpower Technology for a 4.8% stake.The South Korean battery maker said on Friday that it will be procuring 20,000 metric tonnes of nickel from the Chinese company from 2023 to 2028.The amount if enough for batteries that can be used in ar

Apple has given BOE conditional approval to supply OLED panels for the iPhone 13 series, TheElec has learned.Cupertino has given the Chinese display giant a risk order, also known as conditional approval.It is usually given when a display supplier fails to meet 100% of its customer’s requirements.Th

Hyundai Motor Group and LG Energy Solution said on Wednesday that they have started construction of their joint battery factory in Indonesia.The factory will be built at Karawang New Industry City on 330,000 meter-square of land.It will have an annual production capacity of 10GWh.The pair is aiming

Samsung SDI is reviewing potential ways to secure funding to invest in its battery business.It is reviewing the possibility of splitting off the battery business, called Energy Solution business by the firm.The plan was discussed in a recent meeting between key executives, sources within the company

Apple has requested a sample of fine metal mask (FMM) for application in virtual reality (VR) to APS Holdings, TheElec has learned.Cupertino has requested a sample of the South Korean company’s laser patterning FMM. Apple requested a resolution of 3000ppi (pixels per inch).The iPhone maker wanted th