South Korean display equipment maker DE&T is jointly developing key EV battery making equipment with a local battery cell manufacturer and may supply the firm, according to industry sources on July 15.They expected positive results in about mid-2020 from the collaboration, which involves different e

Samsung Display is on the verge of launching its so-called ‘Project C,’ which involves investing in large-sized OLED panels for televisions, according to industry sources on July 12.“Samsung Display could open its investment deliberation committee as soon as this month to reach a decision,” one of t

Samsung Electronics’ second quarter operating profit stood at a slightly better-than-expected 6.5 trillion won ($5.5 billion) on a temporary surge in profit from Apple, data showed on July 5.Quarterly revenues stood at an estimated 56 trillion won, down 4.2% from the same period last year. Operating

SK Hynix, the world’s No.2 memory chipmaker, may be forced to shutter some of its assembly plants following the Japanese government’s latest decision to ban or limit the exports of semiconductor materials to South Korea.“It’s a little less urgent for Samsung Electronics, which has its own warehouse

Samsung Electronics has announced that it’s planning to release a wide range of foldable smartphones in the near future.“We expect to release various different types of foldable phones,” said Lee Jong-min, a senior vice president of Samsung Electronics’ mobile business. “In addition to the tablet-ty

Samsung Electronics is reportedly preparing to launch a second-generation of the Galaxy Fold with a bigger screen as early as the end of this year, industry sources told The Elec on June 25.The updated phone would still fold inwards, but the display will be blown up to 8-inches – the first generatio

Apple supplier Foxconn Technology Group – also known as Hon Hai Precision Industry – has issued a statement vehemently denying any intention to pull its production facilities out of China.“None of the reports speculating our withdrawal from China are true,” said the statement released on June 17. “T

The demand for Multiple Layer Ceramic Capacitors (MLCCs) won’t pick up until at least the fourth quarter, according to industry sources on June 21.Previously, experts had expected a turnaround by Q3. On the contrary, the oversupply has yet to be relieved, while demand from China remains soft.“For bo

Leading battery maker LG Chem has been using equipment supplied by Chinese manufacturer Shenzhen Yinghe Tech Co. at its second EV battery-making plant in Nanjing, according to industry sources on June 21.The Shenzhen-based firm provided winders and notching equipment – 19 sets in twos – used for pro

South Korea’s Cosmo Advanced Materials & Technology is considering adding exclusive production lines for cathode active material NCM (nickel-cobalt-manganese) used in EV batteries.Industry sources said on June 5 that Cosmo has been pressed to make the call after trying to produce NCM523 material fro

Samsung Display Vice President Kim Seong-cheol said on June 18 that the firm is “on standby” to roll out panels for the upcoming launch of the delayed Galaxy Fold.At the Korean Information Display Society forum held in Seoul, he also said that the phone now appears ready to hit the market.Samsung’s

Point Engineering, a leading South Korean maker of displays and semiconductor parts and materials, is poised to sign deals with global chip equipment makers next year, according to company officials.With the move, the company hopes to diversify its portfolio that’s currently geared towards displays.

Huawei Technologies’ attempts to float its own smartphone Operating System will face significant hurdles, according to industry sources cited by the global media.It’s not because the system itself is difficult to create, but because the Chinese company would face various challenges in creating a who

Chinese battery makers are quickly making inroads into South Korea following a string of fires at nationwide energy storage systems (ESS) that the government has yet to offer an explanation for.Industry sources said on June 4 that due to these safety issues, manufactures are turning to ESS facilitie

A domestic legal fight has blown up into an offshore battle.Jahwa Electronics and Mplus – both vibration motor suppliers for Samsung smartphones – are wrestling over patents in Vietnam where a growing number of South Korean manufacturers have been settin up camp, according to industry sources on May

Vitzro Cell, the largest lithium primary battery maker in South Korea, has signed a 30 billion won ($25.2 million) battery pack supply deal in a move highlighting its shift towards the new area of business, according to industry sources on May 28.“With another contract on the way, it looks like Vitz

Samsung Display is looking to diversify its portfolio of ACF (Anisotropic Conductive Film) suppliers, according to industry sources on May 27.ACF is a core part of display technology, indicating adhesive material used to connect display panels such as LCDs and OLEDs with electronic circuits.The disp

HIMS, a South Korean manufacturer of Fine Metal Masks (FMM) for small-and-mid-sized OLED panels, is expected see a sales boost from its Chinese operations.Market estimates for HIMS’ revenues this year are at 80 billion won (US$ 67.3 million), just shy of the 90 billion won-plus figure two years ago.

The world's No.1 display equipment maker Applied Materials (AMAT) of the US has developed OLED deposition equipment and has actively been engaged in sales for Chinese display makers since the end of last year. Below the market’s unparalleled No. 1, Japan's Canon Tokki, the competition for the No. 2

LG Chem will build an additional battery plant in Poland, the essential advanced base for the European electric vehicle (EV) battery market. The investment amount is expected to exceed 400 billion won. LG Chem's investment in European battery plants, including the existing Wroclaw plant, is expected