Fab material company Wonik QnC is planning to increase its spending to expand its factory in Taiwan, TheElec has learned. The company initially aimed to spend 17 billion won to expand its factory there during the second quarter, but recently decided to up it 30 billion won, people familiar with the

Whether Samsung can launch a white(W)-OLED within the year will depend on whether it can conclude its negotiation with LG Display within May, sources said.The pair had been negotiation has been going on for months but they have yet to agree on a unit price for W-OLED panels that both can agree on, t

Chip design house Gaonchips said it plans to focus on developing IPs for automotive and AI chips.Company CEO Jung Kyu-dong said during the company’s press conference ahead of its IPO said demand for design house services from the semiconductor industry was rising as chipmakers are focusing on develo

Hyundai Motor and LG Energy Solution were in disagreement over which method of battery production to use at their electric vehicle (EV) battery joint venture in Indonesia before eventually reaching an agreement, TheElec has learned.The South Korean automaker wanted to use Z-stacking for battery cell

LG Energy Solution is planning to apply its new advanced lamination and stacking (ALS) process for battery production at its plants in China and Poland, TheElec has learned.The process is for pouch batteries, which are used in electric vehicles and energy storage systems, and has already been applie

Samsung has denied market concerns over the future of its memory and foundry chip businesses during the conference call for the first quarter of 2022 on Thursday.The South Korean tech giant was asked by an analyst about rumors that it could skip the development of 1b DRAM and go right to 1c.1b refer

LG Display said on Thursday that it saw a significant year-on-year profit drop during the first quarter due to lowered panel shipment and price drops.The company said it recorded 6.47 trillion won in revenue and 38.3 billion won in operating income, a drop of 6% and 93%, respectively.The company sai

SK Hynix said on Wednesday that it recorded 12.15 trillion won in revenue and 2.85 trillion won in operating profit during the first quarter.Revenue jumped by 43% from a year ago, while operating profit increased 116% over the same time period.It is SK Hynix’s best performance for the first quarter

LG Energy Solution said on Wednesday that it recorded 4.34 trillion won in revenue and 258.9 billion won in operating profit during the first quarter.Revenue increased 2.1% from a year prior but operating profit dropped 24.1% over the same time period.The company said it plans to spend 7 trillion wo

Samsung was reviewing using batteries from Chinese battery maker Amperex Technology Limited (ATL) for its upcoming foldable smartphones, TheElec has learned.If Samsung’s MX business, the name of its mobile business, approves of the use, it will be the first time that it is using batteries from ATL f

Chip and component reliability testing firm QRT was developing new chip testing equipment with the aim to make the business a major source of revenue by 2025, TheElec has learned.The company was aiming to sell its semiconductor soft error tester and 5G mmWave spectrum RF accelerated life tester, peo

Samsung is planning to increase its joint development manufacturing (JDM) of smartphones more than it initially planned this year, TheElec has learned.The South Korean tech giant is planning to increase the volume of smartphones produced by its Chinese contract makers by 20 million units for a total

LX Semicon saw its operating profit for the first quarter of 2022 jump thanks to the high demand for display driver IC (DDI).The fabless chip company said on Monday in its preliminary earning guidance that it recorded 585.1 billion won in revenue and 127.9 billion won in operating profit during the

ACM Research was planning to build a fab equipment factory in South Korea, TheElec has learned.The company recently opened a regional subsidiary called Korea ACM, which it wholly owns.ACM Research is a fab equipment maker that was founded in Silicon Valley in 1998 and listed on Nasdaq in 2017.The co

Battery maker SK On is planning to build a pilot production line for prismatic batteries, TheElec has learned.Many within the company had so far argued for the push for pouch batteries but since last year many customers had requested that the South Korean battery maker also manufacture prismatic bat

Hana Technology said on Thursday that it has won a turn-key order worth 90.8 billion won from battery maker Britishvolt to supply them with back-end formation equipment.It is the second European customer the South Korean equipment maker has secured. Last year, Hana Technology garnered Norway’s Freyr

Extreme ultraviolet (EUV) equipment maker ESOL is reviewing ways to secure an additional 12 billion won in investment, TheElec has learned.Last month, the company offered 68,000 new shares priced at 257,280 won per share to institutional investors for around 17.5 billion won in investment.ESOL is be

BOE is expected to continue facing production problems with OLED panels for iPhones due to the ongoing chip shortage, TheElec has learned.The Chinese display panel maker’s production volume for the panels had dropped since February due to the shortage in display driver ICs, as reported by TheElec ea

Samsung is likely to use batteries from LG Energy Solution on its new foldable smartphones launching later this year, TheElec has learned.Samsung’s MX Business, the name of its mobile business, was reviewing using LG Energy Solution’s small-sized pouch batteries on the Galaxy Z Fold 4, sources said.

South Korean companies Kolon Industries and SKC will be supplying polyimide (PI) films to Taiwan’s Asus for the latter’s foldable notebook, TheElec has learned.The films will be used as cover windows __ protective films __ for the Zenbook 17 Fold OLED, which was unveiled earlier this year by the PC