Memory semiconductor sales will grow substantially this year, especially the non-volatile NAND Flash memory, according to IC Insights.NAND Flash sales will grow 27% this year compared to a year prior to be worth US$56 billion, the research firm said. IC Insights earlier in January estimated that NAN

Hanwha Corporation will separate the scatter bomb business from its defense division, the company said on Friday.The separate company will focus on developing its own technology and production capacity, Hanwha said.It will also reduce uncertainties from global environmental safety standards and enha

Display equipment maker Charm Engineering has shipped its 2000th flat-panel display (FPD) repair equipment, the company said on Friday.The milestone comes after it localized the technology 18 years ago.A company spokesperson said it expects order for the equipment to double this year.Charm first pro

Seoul Viosys will operate two of cinema chain CGV’s theater and offer its Violeds ultraviolet (UV) air purifiers, the company said.The theaters are at Incheon City, west of Seoul, and will have its hepa (H13) grade Violeds air purifiers installed on every the cup holders between seats, the South Kor

LG Chem has posted 576.1 billion won in operating profits and 6.9352 trillion won in sales in the second quarter of 2020, the company said on Friday.It is a rise of 131.5% and 2.3%, respectively, from the same time period a year ago. LG Chem said its operating margin rate was 8.2%, which was its hig

LG Electronics’ mobile business remained mum on the sales figure of its latest 5G smartphone LG Velvet at its conference call for the second quarter.Asked on the rumors that the Mobile Communication business, LG’s name for its mobile business, was facing another restructuring going forward, company

Samsung Electronics vice chairman Lee Jae-yong has visited the company’s Onyang operation at Asan City, where the company develops semiconductor packaging technology on Thursday.It is his second visit to the site since August of last year.Lee inspected the progress and mid- to long-term development

LG Electronics has posted 495.4 billion won in operating profits ans 12.8338 trillion won in sales in the second quarter of 2020, the company said on Thursday.It is decline of 24.1% and 17.9%, respectively, year over year.LG said earnings declined across the board from the impact of the COVID-19 pan

Samsung Electronics marked 8.15 trillion won in operating profits and 52.97 trillion won in sales in the second quarter of 2020, the company said on Thursday.It is a rise of 23.5% and drop of 5.6%, respectively, year over year.Samsung’s semiconductor business contributed the lion’s share in operatin

Zhejiang Huayou Cobalt will build a new nickel sulfate factory at Quzhou City, TheElec has learned.The factory will produce 30,000 metric tonnes of the material when completed.The move by China’s largest cobalt maker is aimed at lowering its reliance on cobalt, which is being used less, to secure pr

Youngwoo DSP will supply Tianma will 6.5 billion won of organic light emitting diode (OLED) inspection equipment, the company said on Thursday.The contract will last from July 29 to October 8, Youngwoo DSP said.The supply deal follows the South Korean display equipment maker’s 30.8 billion contract

SK Innovation will collaborate with Nobel laureate and professor John B Goodenough of the University of Texas at Austin to develop next generation batteries, the company said on Thursday.They research solid-state electrolyte together to realize lithium metal batteries, the South Korean energy compan

Samsung Electronics has installed its so-called LifeStyle TV model The Terrace at the outdoor swimming pool in Shilla Hotel, the company said on Thursday.The Terrace boasts a 4K QLED display and its IP55 water and dust resistant. It has peak brightness of 4000nit and average of 2000nit and can be vi

LG Uplus will triple the amount of smartphone it sells through direct online channels in light of the COVID-19 pandemic, the company said on Thursday.The carrier launched a shopping broadcast on its U+ Shop online mall, it said. LG Uplus launch its own affiliate marketing for the mall as well as off

LG Chem has spend 1.1323 trillion won in research and development last year to develop new technologies such as batteries for premium electric vehicles (EV) and highly absorbent resins, the company said on its sustainability report published on Thursday.The amount is over 4% of its annual sales, the

Semiconductor packaging materials market will grow to be worth US$20.8 billion in 2024, according to SEMI and TechSearch International.The market was worth US$17.6 billion in 2019, but this will grow by an annual average of 3.4% going forward, they said.Laminate substrate will show the strong growth

Samsung Electronics has announced the winner for its open call competition for artworks that uses its The Wall MicroLED TV.The competition was themed Digital Realism and done with new media art curation service Niio. Entries was open from January 30 to March 30. A total of 494 artworks were turned i

Intel has showed off four successes cases in various industries where its edge artificial intelligence (AI) solution was applied in a virtual forum in South Korea on Wednesday.The solutions was applied in companies in the military, software, manufacturing and sensor industries.Hanwha Techwin launche

There is speculation that Samsung Electro-Mechanics may supply Apple with lens for cameras on the iPhone __ but what are some of the preconditions for this to happen?There seems to be three obstacles, at least.1. InvestmentSamsung Electro-Mechanics’ lens production capacity currently stands at aroun

Seoul Semiconductor has posted operating profits of 13.7 billion won and sales of 268 billion won for the second quarter of 2020, the company said on Wednesday.It is rise of 22.7% and drop of 7%, respectively. It beat market consensus of 8.1 billion won and 263.4 billion won. It is also in line with