Struggling display maker LG Display has sent home up to 20 executives – or around 17% of its executive work force – in its latest restructuring aimed to streamline its organization as it looks to move from LCDs to OLEDs in earnest.The executives who were let go included the chief of the Guangzhou-ba

LG Chem CEO Kim Jong-hyun called for EV battery makers to turn the business into a sustainable one by constantly considering environmental problems.“Recycling EV batteries is one key way to maintain sustainability,” said Kim during a keynote speech on Oct. 17 at the Battery Conference 2019.EV batter

Samsung Electronics admitted to a security flaw in the fingerprint recognition technology of its Galaxy S10 and Note 10 series, saying it would be distributing a software update next week.“This issue involved ultrasonic fingerprint sensors unlocking devices after recognizing 3-dimensional patterns a

Samsung Electronics will most likely be launching a smartphone with no camera holes on the display in 2020, according to industry sources on Oct. 16.The display for this model will be the OLED panels from Samsung Display using the Under Display Camera technology. The UDC equipment is called the HIAA

Hanatec, one of Samsung Electronics’ design houses for its foundry business, will be merging with domestic rival Silicon Harmony, with the move taking effect as of Nov. 1 this year.Hanatec’s workforce is composed of 55 employees, while Silicon Harmony has 23. Both have annual sales of around 7 billi

The government will be launching another round of investigations into the string of fires at energy storage systems this past year. In June, it had issued set of measures on the cause behind the fires and to prevent similar accidents, but three more fires occurred over the past month.On Monday, the

Samsung Electronics’ foundry division appears to be preparing to produce RISC-V-based core chips in a joint effort with SemiFive, marking the first time for the department to apply a non-ARM core IP to its procedures.On Oct. 11, SemiFive head Cho Myung-hyun said that the firm is developing chip desi

Samsung Display signed MOUs with 9 equipment makers, 5 suppliers and 6 material manufacturers to join forces to create next generation displays, sources close to the matter told The Elec on Oct. 13.A few days earlier on Oct. 10, the Korean display maker held a ceremony announcing its plans to invest

Samsung SDI is ready to rev up its battery pack-making facilities in India, meaning mass production is available on cue. The exact size of the money spent on the plant has not been unveiled, but overseas media puts it at around 100 billion won.However, the firm has yet to decide when operations will

Korea's Samsung Display will invest up to 13.1 trillion won to set up mass production lines and technology development for large-sized QD displays by 2025, the company said on Oct. 10.The display maker made the announcement at its Asan 2 Campus, where President Moon Jae-in and Samsung Electronics Vi

Struggling South Korean display maker LG Display underwent some heavy-duty reorganization on Oct. 4 involving moves to let go of one-fourth of the executive staff as a part of its plans to minimize the LCD business in favor of the OLED panel division.There are currently 118 executives on the LG Disp

South Korean tech equipment firm Wonik IPS spent 51.3 billion won on R&D in the first half of this year. This was more than the 40.6 billion won of operating profit it raised during the same period.The R&D expenditure accounted for 15.5% of the company’s sales, which was higher than the average 14%

MecaTech Systems, a Korean manufacturer of test sockets for smartphone modules, will be supplying test sockets for Samsung’s next Galaxy smartphone’s folded camera, according to industry sources this week.The sockets are used to make last-minute module checks ahead of the shipment. Folded cameras in

Global DRAM prices stayed nearly unchanged in September on the anticipation that there could be disruptions to production due to Japan’s recent restrictions on tech materials to South Korea.However, experts say this could be the result of arbitrary measures taken by distributors to control the price

US-based chip equipment-maker Lam Research recently celebrated its 30th year in Korea. Marking the anniversary, the firm decided to further expand its presence here by investing $50 million to build Korea Technology Center, an R&D facility.“As we enter our 30th year in Korea, we plan on localizing m

DuPont Korea CEO CEO Kang Sang-ho has been appointed to concurrently head the group’s global semiconductor business, DuPont Electronics & Imaging, the company said on Oct. 1.DuPont’s chip business is aimed at taking the lead in the global IC material market. As the head of the firm’s worldwide chip

Merck Korea received an award from the Ministry of Trade, Industry and Energy Award at the 9th Investors of the Quarter on Oct. 1, the company said.The Trade Ministry has been awarding multinational companies investing directly in Korea for their efforts to contribute to the local industries and eco

“As more and more fabless companies are looking to design SoC by using RISC-V core, we believe our mission is to help these firms create a healthy chip designing eco-system,” said Cho Myung-hyun, founder and CEO of SemiFive.SemiFive is an affiliate of US-based semiconductor startup SiFive. The found

By applying smart factory to its battery-making facilities, SK Innovation has successfully streamlined and upgraded its manufacturing processes ranging from packaging and quality checks to analyzing defects, according to the company a week ahead of the Manufacturing Tech Conference.Encouraged by the

In 2015, Samsung Electronics set up a task force to support suppliers and smaller companies in the eco-system with smart factory solutions. A year later, the tech giant helped 450 companies build smart factories.Since then, over a thousand SMEs have benefited in terms of sharing both technology and