Camera module maker MCNEX saw its revenue in auto components jump 43% in the first half of the year.On Monday, the company said it recorded 443.2 billion won in revenue and 500 million won in operating profit in the first half of 2023.Revenue increased by 24% year-on-year while operating profit dipp

SK Hynix said on Monday that it has given a sample of its HBM3E to a customer.High bandwidth memory connects DRAM vertically to increase their speed and is currently in high demand from AI applications.HBM3E is an expansion of HBM3 with a further increased speed of 1.15TB per second.The South Korean

Atomic force microscope (AFM) equipment maker Park Systems recorded 34.9 billion won in revenue and 10.1 billion won in operating profit in the second quarter.The earnings beat market consensus and is a growth of 139% and 7352%, respectively, from a year ago.The high growth is also noticeable as the

SK On said on Wednesday that it will spend 1.5 trillion won to build a third factory at its battery production facility in South Korea.The battery maker will build the new factory on 44,125 meter-square of land at the facility.It is SK On’s largest spending plan to date for its home country.The thir

3D cover glass maker JNTC said on Monday that it recorded 55.5 billion won in revenue and 4 billion won in operating profit in the second quarter.For the entire first half, it recorded 112.8 billion won in revenue and 6.2 billion won in operating profit.Revenue jumped 33% compared to a year ago whil

The CEO of South Korean display panel maker LG Display told reporters on Wednesday that the company’s earnings will gradually improve going forward in the second half of the year.LG Display CEO Jeong Ho-young was speaking to reporters on the sidelines of the industry conference K-Display, hosted by

South Korean 8-inch chip foundries, just like their Taiwanese counterparts TSMC and Vanguard International Semiconductor, have lowered their service prices this year from low demand from the IT sector, TheElec has learned.Their transition to 12-inch foundries has also impacted their drop in service

ISC said on Monday that it recorded 36 billion won in revenue and 6.5 billion won in operating profit in the second quarter.Revenue dropped 34.4% from last year while operating profit nosedived by 71.7% over the same time period.The company explained that the earnings drop stems from customers’ lowe

SK Telecom said on Sunday that it has invested US$100 million into US AI firm Anthropic.The US startup was founded in 2021 by researchers that left OpenAI. It has developed chatbot Claude and has Google and Salesforce as investors.SK Telecom is a strategic investor under their partnership and Anthro

Fab equipment maker DIT has begun supplying laser annealing equipment to chip giant SK Hynix, TheElec has learned.Annealing equipment is used to repair wafers that are damaged after ion injection.During the ion injection process, Group 3 or Group 5 dopants such as B, I or As are injected into the wa

South Korean chip fabless company Netsol is planning to supply its first magnetic random access memory (MRAM) to a Chinese customer, the company CEO told TheElec.Niche memory chips, excluding DRAM and NAND flash, accounted for 5% of the total memory chip market, Netsol CEO Kim Woo-jin said.Out of th

SK Hynix has unveiled a 321-layer NAND flash at a conference in the US.The South Korean chip giant unveiled the 321-layer 1Tb triple-level cell NAND flash at Flash Summit 2023 in Santa Clara on Tuesday.SK Hynix is the first memory chip maker to unveil a NAND with over 300 layers.The company said its

Chip and electronics material company Soulbrain is planning to acquire precursor maker DNF, TheElec has learned.The deal is expected to close within the year and is reportedly worth around 100 billion won, sources said.Soulbrain Holdings, the holding company of the Soulbrain group, will be the acqui

Research into applying wafer-to-wafer (W2W) technology in the DRAM sector was very active, according to EV Group.This was because the application of W2W hybrid bonding solution could improve the productivity of products such as high bandwidth memory, EV Group Korea General Manager Justin Yun said du

Inkjet printing solution company Enjet was aiming to apply inkjet technology to battery and semiconductor production, CEO Doyoung Byun said.The company was also aiming to develop a multi-nozzle to challenge Japan’s dominance in inkjet head, he said in an interview TheElec.Enjet, which went public la

Competition in the advanced die bonder market is intensifying. Besi, ASMPT, and Hanmi Semiconductor have all announced expansion plans in the thermal compression (TC) bonder sector.TC bonders are used to bond individual chips on processed wafers. They started to become in high demand with the launch

Chip design house ASICLAND was developing a new packaging technology to improve the cost of customer TSMC’s chip-on-wafer-on-substrate (CoWoS).CoWoS has room for improvement in performance and power consumption compared to integrated fan-out and organic substrate package, ASICLAND manager Kang Sung-

LB Semicon has acquired battery recycling company GSM.The chip back-end company said it acquired all the company shares for 20 billion won.LB Semicon acquired a 60% stake for 12 billion won and LB a 40% stake for 8 billion won.The new subsidiary will collect scraps and used batteries made during bat

Samsung Display is expected to see its supply of OLED panels for iPhones grow again this year.The South Korean display panel maker received Apple’s approval for all models of OLED panels it will supply to the four models on the iPhone 15 Series and has begun delivery, TheElec has learned.In contrast

WCP said on Monday that it will be supplying lithium-ion battery separators to Samsung SDI.Its Japan-based parent company W-Scope will supply 4 billion meter-square of the separators __ enough to be used in batteries for 5.3 million units of electric vehicles __ for five years up to 2027.The separat