Samsung Electronics will use batteries made by LG Energy Solution for its upcoming Galaxy S21 Fan Edition (FE) smartphone, TheElec has learned.Last year, the Galaxy S20 FE had also used batteries made by LG, along with those by Samsung SDI and Amperex Technology Limited.S21 FE will have the same sup

Biolog Device said it has acquired a 58.75% stake in OLED driver IC firm Hivics for 4.48 billion won.Hivics was founded in 2014 and is a fabless firm that designs system semiconductors. It recorded 8.7 billion won in sales last year.The firm also uses TSMC, UMC and MLMC to manufacture application sp

South Korean equipment maker SFA has increased its orders from areas besides its main display business.SFA said its display business accounted only for 34.9% of its remaining orders as of the first quarter.Orders for battery production equipment accounted for 28.6%. In total, orders related to non-d

South Korea’s President Moon Jae-in on Thursday promised to provide support and foster the local semiconductor industry.Moon spoke at an event in Samsung’s Pyeontaek chip plant to promote the local chip industry.On the same day, the government announced that it would offer 40% to 50% tax credits for

Hanwha Corporation saw its operating income for the first quarter of 2021 triple compared to a year ago.The company said it recorded operating income of 848.5 billion won in the quarter, an increase of 186% from the same time period a year prior. Net income for the quarter was 819.9 billion won, a 3

System semiconductor company Coasia has recorded 112.8 billion won in sales and 2.7 billion won in operating income in the first quarter.Sales increased 11% from a year prior. The company turned a profit compared to the same time period in 2020.Coasia said high sales from its IT component business,

Power gallium nitride (GaN) chip market is expected to grow at a high rate in the next five years from consumer charging devices, according to market research firm Yole Development.The power GaN market was worth US$46 million in 2020, but this will grow 70% on average per year until 2026, when the m

Chip and display equipment maker STI said on Thursday that it will be supplying its central chemical supply system (CCSS) to chip giant Micron.The deal is worth S$47.9 million, or around 40 billion won. The CCSS will be used in Micron’s PH2 of Singapore Fab 1.A STI spokesperson said the worldwide ch

Seoul Semiconductor said on Tuesday that it has recorded 310.4 billion won in sales and 20.5 billion won in operating income in the first quarter of 2021.Sales increased 27.6% year-on-year, while operating income jumped 243.4% over the same time period.Seoul Semiconductor said it saw improved perfor

Samsung Electronics is planning to start operation of its P3 semiconductor production line at its Pyeongtaek plant three months earlier than planned due to the global chip shortage, according the president of EcoPro HN, a supplier to the South Korean tech giant.Samsung had requested that EcoPro HN s

Worldwide sales of semiconductors reached US$123.1 billion in the first quarter of 2021, according to Semiconductor Industry Association (SIA) of the US.This was an increase of 17.8% from the first quarter of 2020 and an increase of 3.6% over the previous quarter, SIA said.The figure also beats SIA’

Wireless chip supplier RFHIC has chosen as a vendor for a national project to develop gallium nitride (GaN) semiconductor, the company said on Monday.The project is overseen by the Ministry of Trade, Industry and Energy and Ministry of National Defense.It aims to develop an X-band GaN semiconductor

Solus Advanced Materials said on Monday that it will expand the production capacity of its copper foil factory in Luxembourg to meet rising demand from 5G.Its subsidiary there, Circuit Foil Luxembourg, will expand its production capacity from 12,000 metric tonnes a year to 15,000 metric tonnes a yea

SK Nexilis will be supplying its copper foil to US electric car firm Tesla.SK Nexilis CEO Kim Young-tae said on Friday at the conference call for the company’s first quarter earnings that the firm will be supplying battery copper foil to a US-based company “T”.Kim didn’t directly mention the name of

AT&S Korea said on Friday that it will begin operation of its second factory at Ansan in May.The factory was completed in the last week of March, AT&S Korea president Song In-wook said. Once the second factory start operation, the company’s production capacity for flexible printed circuit board (FPC

Samsung Electronics marked 65.39 trillion won in revenue and 9.38 trillion won in operating profit in the first quarter this year.Revenue was the highest ever for a first quarter, Samsung said. Operating income rose 45% year-on-year.The South Korean tech conglomerate saw its mobile and consumer elec

NXP Semiconductors said on Thursday that it has launched its new quad flat non-leaded package (QFN) RF front end solution for Wi-Fi 6 and 6E.The solution, called WLAN7205C, will be used in the recently launched OnePlus 9 smartphone.The new solution not only supports the latest Wi-Fi 6 standard but a

Fab equipment firm Jusung Engineering will spend 36.3 billion won to build a new production facility in Gwangju, where the company is based, it said on Thursday.The company will build a new four story facility with the fund. It will demolish its hold building to build the new enlarged facility. The

Semiconductor packaging firm LBLusem filed its security report on Wednesday to list on KOSDAQ.The company is offering 6 million shares. It is hoping for a share price between 12,000 won to 14,000 won.LBLusem will secure a minimum of 72 billion won from the IPO. Korea Invest & Securities and KB Secur

Samsung Electro-Mechanics said on Wednesday that it has recorded 2.37 trillion won in sales and 331.5 billion won in operating income for the first quarter.It is an increase of 11% and 99%, respectively, from a year ago.The figures are slightly above South Korean analysts’ consensus of 2.34 trillion