Chinese smartphone giant Huawei is expected to produce the highest number of 5G smartphones this year, according to market research firm TrendForce.This will be followed by Apple and Samsung Electronics, the research firm said.A total of 235 million units of 5G smartphones will be produced this year

Samsung Display, together with the Ministry of SMEs and Startups, will help companies apply smart factory solutions, the company said on Thursday.It will take applications from July 27 to August 26. So far it has provided 42 companies with such support in the past three years.Samsung Display will sh

Samsung Electro-Mecahnics seem set to become of supplier of lens for the cameras on Apple’s iPhones beginning in the second half of 2020, people familiar with the matter told TheElec on Thursday.The South Korean component maker is already a supplier of rigid flexible printed circuit boards (RFPCB) a

SK Hynix has posted 1.9467 trillion won in operating profits in the second quarter, a rise of 205% year over year, the company said on Thursday.It beats South Korean analysts’ consensus of 1.7 trillion won.The memory maker posted 8.6064 trillion won in sales, a rise of 33% from a year prior. Its net

ACM Research has developed the new Ultra C VI single wafer tool, the company announced on Wednesday.The latest addition to the company’s Ultra C leaning system, boasts 18 cleaning chambers. This is six more champers than the Ultra C V system and 50 percent expansion on throughput.ACM has also optimi

Investment into semiconductor equipment this year will rise 6% from the previous year’s US$59.6 billion to US$63.2 billion this year, SEMI said.This will grow in further to over US$70 billion next year, which will be the highest ever to date, the organization said.Wafer fabrication equipment will se

Samsung Electronics will give 36.5billion won as incentive payments to 23,000 employees of its suppliers, the company said on Wednesday.It is the conglomerate’s largest payment for the first half of the year to date.It chose 297 tier 1 and tier 2 subcontractors that met its goal of productivity and

LG InnoTek has posted higher than expected earnings in the second quarter of 2020 thanks to its camera module supply for Apple’s iPhone SE and strong performances of its semiconductor and display substrate businesses.The company posted 42.9 billion won in operating profits and sales of 1.5399 trilli

Synopex said Wednesday it is expanding its eco-friendly water treatment technology licensing business with Doosan Heavy.The pair signed a zero liquid discharge (ZLD) technology licensing agreement last year. The two companies will expand the application of the technology to more business areas.Synop

Display equipment maker H&Iruja is planning to enter the battery equipment business, TheElec confirmed on Wednesday.The company is yet to decide which equipment it will make. However, it is leaning more towards equipment used in the assembly process such as cutting and folding instead of formation a

LG Uplus will launch augmented reality (AR) glasses made by Chinese firm Nreal next month alongside the upcoming Galaxy Note20, TheElec confirmed on Wednesday.The carrier will call the glasses, called Nreal Light in China, U+ Real Glass and promote them together with the pre-oders of the Note 20 in

OFilm Group has been included in the list of Chinese companies the US is sanctioning over Uighur human rights violations.The Apple camera supplier was among the 11 companies announced by the US Department of Commerce to have allegedly been involved in repressing Uyghur Muslims and other Muslim ethni

Hanmi Semiconductor expects its electro magnetic interference (EMI) shield equipment to contribute 120 billion won in sales this year, the company said Wednesday.The company said it posted 20.1 billion won in operating profits, a rise of 32% from a year prior, in the second quarter thanks to strong

LG Electronics will launch Gallery Design Soundbar in South Korea, the company said.The bar, model name GX, will offer a uniform design with LG OLED Gallery TV, the South Korean electronics maker said.The thinnest area of the bar is 19mm and the thickest 32mm. Its output is 420W.LG the bars will off

LG Uplus has developed network slicing technology that can be used in wired networks ahead of the commercialization of 5G standalone (SA) network in South Korea.The carrier has completed the development of core equipment and base stations for 5G SA networks, and with the addition of the latest netwo

MK Electron is expecting record earnings in the first half of 2020, the company said.The company introduced its new vision, dubbed Long Run, at a company retreat meeting last week at Kangwon Province, it said. The even was broadcast live to employees at its various facilities in South Korea, China a

The initial rate of increase in 5G subscribers was around two years faster than it was for 4G LTE, Ericsson said in its Mobility Report 2020.The Swedish telecom equipment giant expects 5G subscribers to hit 190 million by the end of the year. This is slightly lower than 4G subscribers in 2013, four

Ajinextek (AXT) will retire 2.9 billion won worth of ordinary shares to increase shareholders’ share value, the company said on Monday.It accounts for about 5.67% of issued shares and they are treasury stocks. It is 394,261 shares and will be retired on July 27.There will be no capital decrease from

Samsung Electronics will get their battery supply for the upcoming Galaxy Fold 2 and Galaxy Z Flip 5G foldable smartphones from Samsung SDI, people familiar with the matter told TheElec on Tuesday.Previously, Samsung SDI was the supplier of batteries for Galaxy Fold and Galaxy Z Flip.The company was

LG Electronics will voluntarily commence free repairs for OLED TVs it sold from February, 2016 to September, 2019, the company said. It is due to potential heating problems from power board components in the TVs.A component that minimizes current interference is applied to TV power boards. Some of t