Samsung SDI is planning to spend up to 2 trillion won in its battery business this year, TheElec has learned.This will be a 42% increase from the 1.4 trillion won it spent in 2020. It will be larger than the 1.7 trillion won it spent in 2019.In March, Samsung SDI had faced criticism from some shareh

LG Energy Solution has started to construct a new pilot production line at its Ochang battery production plant in South Korea, TheElec has learned.The new line, which will be housed at a research facility, will be adjacent to the second factory at Ochang. Construction will wrap up within the year an

Fabless company Eyenix said on Thursday that it will be supplying its internet protocol (IP) camera SoC EN675 series for CCTVs to Seyeon Tech, Cellinx Systems, and Webgate.EN675 SoC will be used in two IP security cameras that Seyeon Tech will launch at the end of June, a Eyenix spokesperson said.Th

Synopsys said on Monday that it will acquire Bistel’s semiconductor and flat panel display solutions.The acquisition will broaden Synopsys’ process control solutions for chip fabs, the company said.It will be able to offer an integrated and comprehensive yield management and prediction solution to e

Semiconductor design solution firm ADTechnology is planning to form a subsidiary at San Hose, California by July, TheElec has learned.The US arm will be led by Lee Young-bae, who was previously an executive at Samsung Foundry.ADTechnology is also planning to form a regional office at Shanghai, China

South Korean LED firm Wooree E&L has secured half the supply of LED module used by customer LG Display, TheElec has learned.People familiar with the matter said Wooree’s LED modules currently accounts for around 50% of those used by the South Korean display panel maker.LED modules are used as the ba

3D image and sensing market will begin growing fast again in 2023 after years of slow growth, according to market research firm Yole Development.The 3D sensing market was worth US$6.5 billion in 2020, which was only 80% of the research firm’s earlier forecast.This was due to less use of time of flig

Vinatech said on Friday that it will spend 86 billion won to build a new factory to manufacture supercapacitors and membrane electrode assembly (MEA) at Wanju, South Korea.The new factory will be built on 58,494 meter-square of land at the second industrial zone at Wanju.Supercapacitors stores elect

Edison Motors and Semisysco will collaborate in the sales of electric trucks and buses, the pair said on Friday.They will use their motor, battery management system, and light car body technologies to expand their portfolio in electric vehicles and SUVs, they said.They will also continue advance the

LG Energy Solution said on Thursday that it has supplied its batteries for an energy storage system (ESS) in the US.The South Korean battery firm supplied batteries to US energy firm Vistra’s 1.2GWh ESS at Monterey, California.The ESS can power 225,000 households at peak hours, LG Energy Solution sa

A Japanese non-practicing entity (NPE) has filed patent infringement lawsuits against Nokia and Ericsson using a patent it bought from LG Electronics.IP Bridge claimed in its lawsuit filed to the District Court for the Eastern District of Texas on June 11 against Nokia and Ericsson that the former i

South Korea’s printed circuit board (PCB) market is expected to grow 3.4% this year, led by semiconductor boards, according to the Korea Printed Circuit Association (KPCA).The local PCB market is expected to be worth 10.86 trillion won in 2021, the KPCA said.Base in area, the market is expected to c

SK Innovation was planning to apply cathode supplied by China’s Ronbai Technology for its new batteries, TheElec has learned.The cathode will be for a new high-nickel battery with over 80% nickel. Ronbai’s subsidiary in South Korea, which is building a production facility in Chungju, will likely han

Hyundai Wia said on Tuesday that it has formed a new research unit for urban air mobility (UAM).The company, an affiliate of Hyundai Motor, said was preparing to develop landing device and controller for use in UAM.UAM aims to offer air taxis that have low noise, use environmentally friendly propell

Chip testing firm APACT said on Monday that it plans to start a new system semiconductor backend business for new growth.The company will open a new sales office in Pangyo to start the business in full-scale, it said.APACT will place sales personnel and engineers at the new office to aggressively wi

A Hyundai Motor Company executive declined to comment on whether the conglomerate was planning to develop and manufacturing its own semiconductors on Friday.But Seoho Choi, vice president of technology innovation business development group at Hyundai, said at an industry event called Seoul Smart Mob

Biolog Device said on Friday that it will inject an additional 1.75 billion won into Hivics, which it has acquired last month.The added funds will be used by Hivics to hire doctorate engineers specializing in electric cars, autonomous cars, AI and IoT, Biolog Device said.Hivics will also hire more p

Samsung SDI is planning to spend up to 200 billion won to expand its production capacity of cylinder batteries at its factory in Seremban, Malaysia.The company is likely to manufacture 21700 batteries with a capacity of over a million cells per month, or 2GWh per year, through the new production lin

Hanwha Systems will set up a subsidiary in California for its urban air mobility (UAM) business, CEO Kim Youn-chul said on Thursday.The company was planning to hold talks with US Federal Aviation Administration on setting a certification standard for UAM, Kim said at an industry event in Seoul.Hanwh

Hyundai Motor Company said on Thursday that it has signed a collaboration agreement with South Korea’s capital Seoul to build an urban air mobility (UAM) ecosystem.The company claimed it will commercialize UAM by 2028, at an industry event held in Seoul. It will collaborate with Seoul to make UAM so