South Korea’s President Moon Jae-in on Thursday said the government will expand its support for localizing the production of high-tech materials, components and equipment in his visit to SK Hynix’s chip plant at Icheon, Gyeonggi Province.Moon said Japan’s “unjust trade restrictions” have continued o

Samsung Electronics said on Thursday it will invest 12.35 billion into 12 future technology projects run by local universities.The company has been investing in such projects under the Samsung Future Technology Fostering Program since 2014.It chose six areas to provide funding in for 2020 __ semicon

Qualcomm unveiled the Snapdragon 865 Plus 5G mobile platform on Wednesday.The US chip giant said CPU and GPU speed has increased 10% from Snapdragon 865.Data transfer rate has increased to 3.6Gbps from 1Gbps of is predecessor.The CPU uses Qualcomm Kryo 585 Prime Core. It also offers speed of 3.1GHz,

Synopex will merge with cable maker Flontec, the company announced in its filings to financial authorities on Thursday.Last year in March, Synopex secured the rights over the technology and sales for Flontec’s ePTFE (expanded polytetrafluoroethylene) membrane business and burrowed equipment to opera

LG Electronics will begin mass production next month of its Velvet smartphone aimed at the US, people familiar with the matter told TheElec on Thursday.The company will make some design changes, including adding a millimeter (mm) wave antenna, from the version it launched for South Korea in May, the

SK Innovation has begun the construction of its second factory at its electric vehicle (EV) battery plant in Georgia in the US, TheElec confirmed on Thursday.The company has wrapped up the foundation work for the factory and has started construction of the building. The second factory is at Jackson

Quantum dot (QD)-based organic light emitting diode (OLED) panels will remain under 10% of the total large-sized OLED panel shipments up to 2024, a South Korean research firm said on Thursday.Earlier this month, Samsung Display announced that it has put in equipment into its Asan factory for use in

Samsung Electronics has launched two new models __ HW-Q950T and HW-Q900T __ in its Q-series soundbar, the company said on Wednesday.They will be launched in Australia first on Wednesday and expanded to other markets. Sales in South Korea will begin on July 14.The HW-Q950T delivers the audio quality

Samsung Electronics will launch a new full-virtualized 5G Radio Access Network (vRAN) solution within the third quarter of the year, the company said.The company’s 5G vRAN consists of a virtualized Central Unit (vCU), a virtualized Distributed Unit (vDU), and a wide range of radio units to enable a

Samsung Electronics’ production plan for MicroLED TV is being delayed, raising the question of whether the South Korean conglomerate will launch them at all within the year, people familiar with the matter told TheElec Wednesday.The company initially planned to wrap up the production of the necessar

Jusung Engineering’s newly developed Atomic Layer Deposition (ALD) equipment is being tested by a South Korean customer, the company’s CEO told TheElec on Wednesday.The latest equipment combines time division and space division technologies, dubbed Time Spaced Divided (TSD) by the company, and is ex

LG Chem and GS Caltex will partner up to create a new electric vehicle (EV) service that uses big data, the companies said.The pair will also collaborate with Signet EV, Soft Berry, KST Mobility and Green Car to first develop a battery safety inspection service that uses big data collected during ch

The leaders of South Korea’s SK Group and Hyundai Motor Group met Tuesday to discuss collaboration in electric vehicles (EV) and future mobility technology, the companies said.SK Group chairman Chey Tae-won met with Hyundai Motor Group executive vice chairman Chung Eui-son at SK Innovation’s battery

LG Electronics has marked 493.1 billion won in operating profits in the second quarter, better than market expectations and mostly thanks to its home appliance business.The company said its revenue for the quarter was 12.8 trillion won. It is a drop of 17.9% in revenue and 24.4% in operating profits

LG Display has delayed the starting of operations at its 10.5th-generation organic light emitting diode (OLED) panel line at Paju indefinitely, sources within the company told TheElec on Tuesday.The company initially planned to begin production sometime between 2022 to 2023 but this has been delayed

Leader Systems, Nvidia’s distributor in South Korea, will offer a 90days free trial for vGPU software Remote Work With NVIDIA (RWWN), it said on Tuesday.The virtual GPU software will allow tech works to perform graphic-intensive work remotely, Leaders Systems said.It will provide resources to PCs as

ON Semiconductor will supply Danfoss with high powers IGBTs and diodes for inverter traction modules, the companies announced.The US chip maker will produce the power components at its 300mm wafer factory in New York and 200mm wafer factory in Bucheon, South Korea, for the supply to Danfoss Silicon

LG Chem has announced that it will maintain its carbon emission rate in 2019 all the way up to 2050.The plan, dubbed 2050 Carbon Neutral Growth, aims to reduce its expected carbon emission rate of the namesake year by 75%.It will react to climate change, use more reusable energies, recycle its resou

Samsung Electronics posted 8.1 trillion won in operating profit and 52 trillion won in revenue in the second quarter, the company said in its earning guidance on Tuesday.Operating profit rose 22.73% from a year prior and 25.58% from the previous quarter. Revenues dropped 7.36% year over year and 6.0

Cover windows used in foldable smartphones will use both ultra thin glass (UTG) and colorless polyimide (CPI) films for at least the next five years, market research firm UBI Research said on Monday.Shipment of CPI films and UTG will reach 4.5 million units and 3.5 million units, respectively, this