LG Electronics will launch a new liquid crystal display (LCD) TV called QNED TV that uses MiniLED as the backlight.The company on Tuesday unveiled the TV at an online press event in South Korea.LG QNED TV will have a technology called quantum nanocell color technology, which combines nanocell and qu

US sanctions against Chinese companies, especially Huawei and TCL, is set to benefit their South Korean rivals Samsung and LG.US’s Department of Homeland Security was reviewing sanctioning TCL, according to Reuters. Acting Secretary Chad Wolf told the Heritage Foundation that TCL was installing back

Tesla CEO Elon Musk said in a tweet that he had contacted Apple CEO Tim Cook to discuss potentially selling Tesla but Cook refused the meeting. The tweet was made after it was reported that Apple is planning to launch an autonomous car of its own with electric vehicle batter. So far, Apple has refus

Samsung Electronics on Tuesday said it will hold a First Look event for new TV line-ups on January 6 online.The event will start on 11am, January 6 EST. It will be streamed on Samsung Newsroom website and the company’s YouTube channel.Samsung is expected to unveil new 4K and 8K QLED TVs at the event

Samsung Electronics said on Tuesday that its Samsung TV Plus service for its smart TVs will be available in double the number of countries.Samsung TV Plus is a free video service provided by the tech giant. It was launched in 2015.The service is available currently in 12 countries. Australia and Bra

The launch of new consoles PlayStation 5 and Xbox Series X this year will lead to increased TV shipment next year, according to market research firm Omdia.The year 2020 is the second time that Sony and Microsoft has launched their gaming console in the same year.PlayStation 4 and Xbox One were both

Electronic component maker SoluM on Friday said it has turned in its registration statement to the Korea Exchange to be listed on KOSPI.The company was formed in 2015 when it split-off from Samsung Electro-Mechanics. SoluM manufacturers power modules for TVs and smartphones as well as electronic she

LG Uplus on Thursday showed off a trial of its autonomous parking technology for cars.The telco showed off its technology in which a smartphone is used for a consumer to pick an empty parking lot. The car that is registered to the smartphone will then park itself to the lot without the need of a dri

Iljin Display is hoping to return to profitability from notebook and MiniLED markets.The company announced that it will offer shares to secure 20 billion won in funding. 10 billion won will be spent on facilities related to notebook components, the company said.Out of the 10 billion won, 60 billion

NEG’s liquid crystal display (LCD) glass factory in Takatsuki, Japan has suffered a five hour blackout, according to local media Nikkei.Production is expected return to normal after the first quarter of 2021.The factory was halted from the blackout on December 10.NEG produces glass substrates for us

LG Display’s Cinematic Sound OLED (CS) technology has been listed as the standard for sound emitting display by the Korean Agency for Technology and Standards.The South Korean display panel maker first launched the OLED panels that use the technology in 2016.The technology uses the display panel as

South Korean component maker SoluM is setting up offices abroad to better react to demand from customer Samsung Electronics.The company set up its office in Noida, India in September. The office, which will focus on production, will go live next year. SoluM is planning to operate an office in Mexico

Chinese OLED material company AG-RAY has started the largest OLED material project in China to localize supply of the materials, according to local media reports.The company is building a new OLED material factory at city of Meishan in Sichuan province where it is based in.The factory, once complete

Samsung Electronics unveiled its 110-inch MicroLED TV at an online event in South Korea on Thursday.The South Korean first unveiled a 149-inch MicroLED display called The Wall in 2018. The Wall was aimed at the business-to-business market.The new 110-inch MicroLED TV is aimed at the home market. Mic

Samsung Electronics said on Friday that it was promoting 214 executives in its year-end reshuffle.Earlier this week, the company announced only minor changes in the top posts. However, in terms of executive promotion, it was the largest in the past three years.Samsung named 31 executive vice preside

LG Electronics said on Thursday that it will display its LG Signature OLED 8K TV at the Pushkin State Museum of Fine Arts.The TV will be displayed there up to next year, the company said.It will also provide the TVs for the American Ballet Theater in the US, as it did in 2019.LG will also collaborat

Semicon Light will license out its patents related to flip chip to Chinese LED maker HC Semitek.The South Korean company will began earning royalties within the year.The Chinese companies have requested for the license in October. It was gain access to around 250 patents.HC Semitek is China’s second

LG Chem and Innox Advanced Materials have ended their patent lawsuit over organic light emitting diode (OLED) encapsulation materials.LG Chem withdrew its suit last week, people familiar with the matter said. The company filed the lawsuit in March last year.LG Chem have claimed Innox violated its pa

Samsung Display will begin trail runs of its production line for Quantum Dot (QD) displays next month, TheElec has learned.The line, dubbed Q1, at its factory in Asan, was designed to produce QD-OLED(organic light emitting diode) panels. QD-OLED will be the first iteration of Samsung Display’s so-ca

Display panel sales in the third quarter of 2020 hit its highest in three years thanks to price rise of liquid crystal display (LCD) panels.Sales hit US$30.5 billion in the third quarter, a rise of 11% from a year ago and 21% higher than the previous quarter, according to Display Supply Chain Consul