LG Uplus has formed a task force to respond to South Korean government’s so-called “New Deal” economic policy, TheElec has learned.The task force was been overseen directly by company CEO and vice chairman Ha Hyun-hwoi, people familiar with the matter said. The response was considered slower than ri

Samsung SDI is aiming to turn a profit from its electric vehicle (EV) battery business next year, the company said at its conference call for the second quarter.It is the first time that the company publicly mentioned when it aims to make a profit out of the business.Samsung SDI makes small-sized ba

Samsung Electronics will supply 15,000 units of TVs for the visually impaired and hearing impaired, the company said on Tuesday.It is for a government project to help low-income families and those who are disabled.Samsung will supply 40-inch Full HD smart TVs, it said, with accessibility strengthene

Seoul Semiconductor will supply its SunLike brand of LED to Japanese company Koizumi Lighting Technology, the South Korean company said on Tuesday.SunLike touts natural lighting, close to those from the Sun. Seoul Semiconductor claims it protects children’s eyesight, helps people concentrate and sle

Samsung Electro-Mechanics was considering entering the camera module market for mid-end smartphones, the company said in its conference call for second quarter earnings on Tuesday.Demand for multi-camera modules was on the rise in mid-end smartphones and demand for high resolution and optical zoom w

Huawei has reduced its sales goal for this year in India by more than half, reports The Economic Times.The Chinese telecom equipment giant has reduced its initial goal of between US$700 million to US$800 million to as low as US$350 million, according to the Times.Huawei reportedly posted US$1.2 bill

Corning has touted the scratch and drop resistance of its new Gorilla Glass Victus at an online briefing for South Korea on Tuesday.Corning Gorilla Glass Korea president Jum Kim said the new glass had double the scratch resistance of its predecessors and can withstand 2m drops.It is difficult to imp

Samsung SDI has posted operating profits of 103.8 billion won and revenues of 2.5586 trillion won in the second quarter of the year.It is a fall of 34% and increase of 6.4%, respectively. Still, operating profits were higher than South Korean analysts’ consensus of 60 billion won.The battery busines

Ansys has launched its latest simulation-driven design toll Ansys Discovery, the company said.It is an updated version of the Ansys Discovery Live launched in 2018. Simulation technology on the new tool has also been upgraded compared to the company’s Pervasive Engineering Simulation launched last y

Tesla has requested LG Chem handover carbon emission data from its battery production, TheElec has confirmed.The US electric vehicle (EV) has said it wanted sustainable production and asked the South Korean battery maker to send over its carbon emission rate before supplying its batteries, people fa

SK Telecom has launched an augmented reality (AR) guide app for a South Korean heritage site, the company on Monday.The app, dubbed ARirang, can be turned on at ChangDeokGoong Palace in Seoul. Users can use the smartphone camera to view locations within the palace and a character based on South Kore

LG Display will hold its first Open Innovation Forum to showoff potential application for its organic light emitting diode (OLED) panels at the home.The company will invite those from the construction, furniture and interior industry to seek potential collaboration areas, LG said on Monday. The them

Power transistor market will hit bottom this year and begin recovering in 2021, according to market research firm IC Insights.The market will grow 7% next year to be worth US$16.9 billion.This year’s power transistor market contracted 7% from a year prior due to COVID-19 pandemic.In 2022, the market

LG Display has supplied world’s largest monitor maker Dell with light emitting diode (LED) Liquid Crystal Display (LCD) panels, TheElec has learned.The South Korean display maker provided the panels for Dell’s 31.5-inch medical miniLED monitor launched earlier this year.MiniLED is being touted as th

Leaders Systems has opened a demo center Nvidia’s DGX A100 artificial intelligence (AI) equipment, the company said on Monday.The center, dubbed the AI Universal Demo Center, will allow customers to tryout testing and proof of concept. Leaders said it has prepared various hands-on program do that cu

LG Electronics has launched the 48-inch OLED TV (48CX) in South Korea.The TV will cost 1.89 million won. It was launched in Europe and Japan last month.LG said the TVs were sold out in the first week at those countries and it was expanding the sales to Korea backed by that popularity.The TV boasts a

LIS has posted 6.8 billion won in operating profits and 74.9 billion in sales in the second quarter of 2020, the company said.It is a rise of 102% and 89%, respectively, year over year. The OLED equipment maker, for the first half of 2020, has secured 11.2 billion won in operating profits and 127.6

US Federal Communications Commission (FCC) has begun the auction of 3.5GHz spectrum for 5G networks.The FCC said it was its first spectrum auction for a mid-band.The spectrum will be shared via Citizens Broadband Radio Service (CBRS) and the winner will get priority access licenses (PAL).FCC will au

Apple has said it will design its own CPU for future PCs at WWDC 2020 last month. It also hinted that it will use Arm architecture rather than Intel x86.This isn’t an unfamiliar sight. Apple chose x86 over IBM PowerPC back in 2005. And before PowerPC it was Motorola’s CPU.Cupertino isn’t the only on

PowerLogics’ supply of camera modules for Samsung Galaxy A21s’ quad camera has declined significantly due to defects, TheElec has learned.Rival and secondary supplier MCNEX is set to takeover those orders, people familiar with the matter said.Samsung has launched the Galaxy A21s in India last month.