Seoul Semiconductor has significantly increased the LED it supplies to LG Electronics for the latter’s LCD TVs, TheElec has learned.It is due to LG InnoTek halting LED module production for backlight units (BLU) used in LCD TVs. South Korean LED maker Ledaz has also entered LG Electronics’ supply ch

LG Electronics will run a reward program for customers returning their old TVs before buying a new OLED TV, the company said on Tuesday.Customers can turn in their old LED and LCD TVs. They will get up to 2 million won worth of benefits for any new OLED TV they buy except those on display on stores

Samsung Electronics has installed an in-house check-up center of COVID-19 at one of its chip production facilities, the company said on Monday.The center was installed its campus in Hwaseong, south of Seoul. The center comprises of two containers __ one is for collection of samples and another for d

Demand for multi layer ceramic capacitors (MLCC) is expected to recover in the second half of 2020 thanks to demand from IT applications. However, recovery for MLCC for auto-component application seems unlikely.Taiwanese component maker Yageo, which relies on MLCC, saw sales of US$449.57 million in

Electric vehicle (EV) battery makers are gearing up to launch new batteries that have fast-charging applied with higher energy density to boost travel distances.Panasonic will produce new 21700 batteries that have 5% higher energy density compared to its predecessor at Tesla’s Nevada Gigafactory in

Kolon Industries has posted 36.7 billion won in operating profits and 942.3 billion won in sales in the second quarter of 2020, the company said on Monday.It is a drop of 40.3% and 18%, respectively, from a year prior. However, operating profits were slightly higher than South Korean analysts’ conse

Samsung Electronics will run a start-up competition that will provide funding and office space support for the winner, the company said on Monday. The competition will lat until September 11.The competition is themed “Innovation for New Experience” and start-ups that are less than five years old can

A former employee of display equipment maker Invenia has appealed against a guilty verdict handed down by a court in South Korea over alleged technology leaks to competitor Wonik IPS.The employee started working for Invenia on December, 2013. The company was the first in South Korea to develop dry e

LG Display will show off its organic light emitting diode (OLED) technology at the upcoming SID 2020 virtual event, the company said.The event, hosted by the Society of Information Display, was initially slated to take place in San Francisco put will be a completely online event this year due to the

Silicon Mitus has launched a power management integrated circuit (PMIC) for organic light emitting diode (OLED) panels on cars.It follows its supply of PMIC for OLED panels on mobile phones, tablets and notebooks.The newest PMIC will be applied to virtual mirrors that combined the OLED panel with a

South Korean semiconductor materials start-up UBmaterials has developed a slurry used for the chemical mechanical polishing (CMP) process in chip production, TheElec has learned.The slurry was co-developed by South Korean memory giant SK Hynix. Development is, however, at this time partially complet

DRAM prices have fallen for the first time in nine months as of July. The memory has enjoy price rises from PC and server due to the COVID-19 pandemic but this has weakened as clients have more in stock.According to DRAMeXchange, PC DRAM DDR4 8Gb 2133MHz contract price has fallen 5.44% to US$3.13. I

South Korean telco KT will offer Netflix on its Olleh TV service beginning on August 3, the company announced.The pair will follow related laws and work together to offer a stable service for consumers, KT said.Subscribers to Olleh TV can pay extra fees to get unlimited access to Netflix, the carrie

LG Uplus said the number of people subscribing to its Augmented Reality (AR) app U+AR has doubled in six months.The carrier said the accumulated number of those who subscribed increased by 103% as of June compared to December of last year.The company currently offers 2,200 AR contents on the app. It

Dreamtech’s electronic nose that can check whether a patient has contract COVID-19 has received the European Commission's CE registration for diagnostic tool, the company said on Friday.It opens the door for the company sell the product in EuropeThe electronic nose was co-developed with Israeli firm

Seoul Viosys saw sales of its ultraviolet (UV) LED sales increase 93% year over year in the second quarter, the company said on Friday.Its quarterly sales also exceeded 100 billion won for the first time in the quarter.The company posted 6 billion won in operating profits and 103.2 billion won in sa

Huawei has beat Samsung Electronics in quarterly smartphone shipment for the first time in the second quarter, according to Canalys and CounterPoint.Earlier, CounterPoint noted that the Chinese tech giant beat its South Korean rival for shipment in the month of April.The research firm said total shi

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