Major South Korean camera lens firms saw their earnings decline in the third quarter.In 2020, Sekonix posted 272 billion won in sales as of the third quarter and operating loss of 14.8 billion won. In sales, it is a decline of 26% from a year ago. The company turned to the red in the period.Other co

Amotech’s multi layer ceramic capacitor (MLCC) has received product approval from Samsung Electronics’ network business, TheElec has learned.The approval paves the way for Samsung to approve mass production for Amotech if the pair decide to collaborate later.Amotech may began supplying MLCC to Samsu

Shindo ENG Lab was the exclusive supplier of laminator that attach the hinge frame and OLED panel in Samsung Electronics’ foldable phone, TheElec has learned.The company has supplied 28 laminators so far. Shindo supplied 15 units in the first half and 13 in the second half.Shindo was expecting lamin

US Corning is at the final stage of development for its cover glass for foldable phone, the company said on Thursday.The launch of the glass next year will intensify competition with Germany’s Schott to supply them to Samsung.A Corning spokesperson said the firm was at the final stage of the develop

Samsung Electro-Mechanics CEO Kye Hyun Kyung was instrumental in Chemtronics being chosen as the preferred bidder for the company’s wireless telecommunication module business, TheElec has learned.Kyung has considered the synergy between the business and those of the supplier’s after the purchase is

South Korean semiconductor board makers are positioned to benefit from Taiwanese counterpart Unimicron’s fire in one of its factory.Unimicron’s supply of flip chip chip scale package (FC-CSP) for application processes to Qualcomm will now be shifted to Samsung Electro-Mechanics, LG InnoTek and Daedu

Global smartwatch sales increased 6% in the third quarter of 2020 compared to a year ago, according to market research firm CounterPoint.Apple controlled around half the market share in the quarter, while Samsung saw its sales increase by around 60% compared to a year ago.Cupertino had a market shar

Vietnamese smartphone maker VinSmart, a part of Vingroup, is planning to launch self-developed smartphones overseas, TheElec has learned.The company launched three new smartphones that it designed on its own in the second half of 2020.VinSmart is now eyeing to expand to markets such as North America

Iljin Materials said on Tuesday that it will be building a new copper foil factory in Hungary.The Hungarian Investment Promotion Agency (HIPA) said the new elecfoil factory will be built at Godollo just outside of Budapest.The new factory will take up a space of 50 million meter-square and produce 1

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

PI Advanced Materials will supply low permittivity polyimide (PI) films to Samsung Electronics for the Galaxy S21 smartphones.The company will be supplying its modified PI film with even lower permittivity this time around for use in flexible printed circuit board for the 5G antenna.PI Advanced Mate

Chemtronics has been named the preferred bidder by Samsung Electro-Mechanics to buy its wireless telecommunication module business, TheElec has learned.The deal is thought to be worth in the mid-100 billion won range. Samsung Electro-Mechanics will be handing over production facilities and equipment

Apple may use components made by Samsung Electro-Mechanics for its folded zoom camera on iPhones launching in 2022, people familiar with the matter told TheElec.Samsung Electro-Mechanics will supply components such as actuators and lens to LG InnoTek, a long-time supplier of camera modules to Cupert

Murata Manufacturing, the world’s largest multi layer ceramic capacitor (MLCC) maker, said on Thursday it will secure over 50% market share in MLCC for telecommunication and automotive sectors.The Japanese company’s target, announced at an annual conference, seems to be taking account of the expandi

Chinese company O’Film Group has been kicked out of Apple’s camera module supply chain, TheElec has learned.The US Department of Commerce had early in July designated O’Film Group among a list of eleven Chinese companies that it accuses of taking part in human rights violations against the Uighur pe

LG InnoTek was in talks with a Chinese company to sell its LED production equipment and patents, TheElec has learned.The South Korean component maker had said in October that it plans to exit the LED business.The company internally decided to sell the LED business back in 2019. The business has post

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

TLB will begin producing printed circuit boards for DDR5 DRAM memory next year, the company CEO said on Thursday.TLB CEO Baek Seong Hyeon said the company will also begin production of PCBs for enterprise solid-state drives (SSD).It will also enter the PCB market for semiconductor production equipme

Near half of the defects in printed circuit boards (PCB) came from the surface mount technology (SMT) process, a researcher at Korea Electronics Technology Institute (KETI).KETI researcher Lee Jin-ho said the institute analyzed around 700 cases filed by 235 companies between 2014 to this year for th

Samsung Electronics has reduced the number of home appliances launching next year that it will apply ultraviolet (UV) LED on from its initial target, TheElec has learned.In September, the company had planned to install UV LED on up to 20 to 30% of new home appliances launching in 2021. The move was