LG Energy Solution and SK Innovation have settled their battery lawsuit, the companies announced on Sunday.The pair’s settlement comes a day before the deadline for US President Joe Biden to exercise his rights to veto a ruling made by the International Trade Commission in February.The commission ha

Philoptics said on Friday that it has won additional orders for its back side align (BSA) direct image (DI) exposure machine used in semiconductor production.The machines uses special lighting and camera to detect BSA mark on wafers. It can increase the accuracy of the alignment between the front an

Robotic automation firm Raontec is planning to list on KOSDAQ in May. The company filed a security report for the listing to financial authorities on Friday.The company previously listed on KONEX in 2015. It is planning to list on the higher tier bourse through the special exemption rule for technol

Kolon Industries and SK Global Chemical launch a new biodegradable plastic in the third quarter, the pair said on Wednesday.The new plastic will be poly butylene adipate-co-teraphthalate (PBAT). Once these are buried underground, 90% of them will be degraded within six months, the companies said.The

ACM Research on Wednesday announced in South Korea that its 300mm Ultra Fn furnace dry processing equipment will support additional semiconductor manufacturing processes.The additions are: un-doped poly deposition, doped poly deposition, gate oxide deposition, high-temperature oxidation and high-tem

LG Electronics said on Thursday that it would be proving up to three years of Android OS update for its phones.LG extended OS update support by a year for its phones, the company said. Premium smartphones will get three years of OS update and some budget models two years.Velvet and Wing, which launc

Samsung Electronics has recorded operating income in the first quarter that beat market expectations.The South Korean tech giant said on Wednesday that it expects sales of 65 trillion won and operating income of 9.3 trillion won in the first quarter.This will be an increase of 17.48% and 44.19%, res

Seoul Viosys said on Tuesday in its preliminary guidance that it recorded 121.2 billion won in sales in the first quarter of 2021.This is 39% higher than a year prior and the firm’s highest first quarter sales figure.Seoul Viosys said it enjoyed high demand for its ultraviolet (UV) LED from disinfec

LG Energy Solution and SK Innovation clashed again over the ruling made by the US International Trade Commission (ITC) in the pair’s lawsuit over trade secret.ITC’s final judgment against SK Innovation, in which it ordered a 10-year important ban on the company’s batteries to the US, will come into

A gas leak at SK Hynix’s chip plant in South Korea has injured three people.The South Korean memory giant said on Tuesday that hydrogen fluoride leaked during equipment inspection at its M16 plant in Icheon.One suffered burns on their arms and legs, while two inhaled the gas. They were rushed to the

Partron said on Monday that it will expand its 5G telecommunication module that uses Qualcomm’s solutions.The South Korean component maker currently uses Snapdragon X55, X62, X65 and 5G modem-RF systems for its 5G products.It is preparing to manufacture LGA/M.2 module, 5G customer premise equipment,

Posco Chemical said on Monday that it will be supplying battery anode to Ultium Cells, the joint venture between LG Energy Solution and General Motors.It follows the company’s deal supply cathode to Ultium Cells in December last year.The Korean chemical firm will be supplying its anode material with

Kolon Industries said on Monday that it has supplied its transparent polyimide (PI) film as cover window for Lenovo’s foldable notebook.LG Display supplied the foldable OLED panel for the Lenovo Thinkpad X1 Fold. The notebook has a 13.3-inch screen.Kolon Industries begin producing transparent PI in

SKC and CJ CheilJedang said on Friday that they have developed a biodegradable packing material that is transparent, flexible and durable.SKC extracted poly lactic acid (PLA) from corns and combined it with CJ’s polyhydroxy alkanoate (PHA) for material, which has the benefits of both materials, the

The US International Trade Commission (ITC) has rejected LG Energy Solution’s request to throw out a patent lawsuit filed against it by SK Innovation.ITC notified the pair of its decision on March 5, it was revealed on Thursday.SK Innovation filed the lawsuit back in September 2019, claiming LG Ener

The South Korean government is aiming to foster the production of silicon carbide (SiC) and gallium nitride (GaN) power semiconductor.The Ministry of Trade, Industry and Energy said on Thursday that the country will aim to develop over five commercial power chips by 2025.Power chips that are made wi

The US International Trade Commission (ITC) on Wednesday made a preliminary judgment in favor of SK Innovation against LG Energy Solution in the pair’s lawsuit over patents related to battery technology.This was a different outcome from the pair’s separate lawsuit over trade secret, in which the ITC

Iljin Materials on Wednesday named former 3M Korea president Jung Byung-kook as a new independent CEO.Jung will oversee new businesses and global sales, while current CEO Yang Jeom-sik will manage the firm’s research, technology and production of elecfoil.Jung joined 3M Korea in 1984. He was named p

South Korean battery equipment firm Clever has recorded 58.8 billion won in sales and 12.5 billion won in operating income in 2020, the company said on Wednesday.This is an increase of 113% and 124%, respectively, from 2019.The company, which mostly supplies to SK Innovation, said it saw expanded su

SK IE Technology said Wednesday that it will issue 8.55 million new shares in its KOSPI listing in May.The company filed its security report to the Financial Services Commission in preparation for the listing.SK Innovation, the parent company of SK IE Technology, is also planning to sell its existin