LG Display said in its board meeting on July 22 that it would invest an addition 3 trillion won ($2.5 billion) into the Gen 10.5 OLED production lines at its P10 plant in Paju of Gyeonggi Province.The display maker said most of the funds would be used to ramp up the monthly production capacity to 45

Most of South Korea’s smartphone camera lens module manufacturers are depending heavily on Japan for key materials and components such as resin and spacers, according to industry sources on July 21.There also aren’t Korean alternatives, meaning smartphone makers will be in big trouble should Tokyo d

Samsung Electronics said on July 18 that at the end of this month, it will begin mass producing its 12Gb Low Power Double Data Rate 5 (LPDDR5) mobile DRAM running on record-high speed and offering the largest capacity ever.The DRAM package will be loaded with a total of eight second-generation 10nm(

South Korea’s Interflex will be supplying Huawei Technologies’ flagship Mate 30 later this year with the rigid flexible printed circuit board (RFPCB) for OLED displays via BOE, industry sources said on July 18.RFPCB is a key part of smartphone devices connecting the displays with the main electronic

Samsung Electronics has officially requested its suppliers for SET products such as home appliances and smartphones to secure an inventory of Japanese materials and components, according to industry sources on July 18.The costs will be all shouldered by Samsung, said the formal letter recently sent

Applied Materials, the world’s largest semiconductor equipment maker unveiled Physical Vapor Deposition (PVD) equipment specialized for new memory production. The company said it is confident of selling $100 million worth this year, Applied Materials Korea said on July 17.“The combined sales target

Samsung SDI is considering investing in EcoProBM, South Korea’s largest battery anode maker.At its second quarter earnings report on July 16, EcoProBM said it is working closely with Samsung SDI on getting funding for building the CAM6 plant in Pohang, a city further south of Seoul.“We are talking a

Samsung Electronics’ first foldable phone, the Galaxy Fold, appears ready for launch, according to industry sources this week.Recently, a group of tech experts formed of industry professionals and professors at Seoul National University and KAIST have tested out the foldable smartphone and said it w

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

Segyung Hitech, the sole supplier of decoration film for Samsung Electronics’ Galaxy Fold, is soon to be listed on the tech-heavy Kosdaq market, according to the company on July 15.It also said it has added China’s Huawei and Xiaomi as new clients.“We’ll be supplying decoration film to Xiaomi’s smar

A market demand survey for a 4.6 billion won ($3.8 million) semiconductor policy initiative endorsed by the Moon Jae-in administration has come under suspicion of being rigged.According to confidential data secured by The Elec this week, the survey for the Electronic Design Automation (EDA) tool pro

South Korea's Cosmo AM&T is developing EV batteries with a nickel content of 80% or higher in joint efforts with Samsung SDI and LG Chem, respectively, according to industry sources on July 11.If successful, Cosmo could be supplying both battery makers, they added.With an aim to mass produce by 2021

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

SK hynix, the world’s No.2 memory chipmaker, is looking to acquire Intel’s memory chip production facility in China’s Dalian, according to Chinese media reports.On July 11, Chinese semiconductor media Ji Wei Wang (集微网) said that SK Hynix is in talks with Intel for acquiring the Intel Fab 68, a 3D Na

Auros Technology, a subsidiary of semiconductor production equipment and component maker FST, is supplying overlay equipment for TSV(Through Silicon Via) procedures to South Korea’s largest semiconductor producer, industry sources said on July 10.Auros Technology -- currently preparing to get listed

LG Chem is expected to take a 16.8% stake in the global electric vehicle battery market this year to close in on China’s CATL, according to market research firm B3 on July 10.That would mark a significant rise from last year’s 10.6%, although the firm would remain at third in the world. On the other

South Korean semiconductor and display equipment maker Semes is having a tough time trying to sell off its underperforming display equipment business, industry sources said on July 8.The Samsung Electronics’ affiliate has been seeking to unload the underperforming unit to companies like FNS Tech and

LG Chem Vice Chairman Shin Hak-cheol said on July 9 that the company is prepping for possible sanctions from Japan.Addressing a press conference held at LG headquarters in Yeouido, Shin also said the company expects its battery business to grow by more than three-fold to 31 trillion won.In total, th

California-based Apple reportedly paid around 900 billion won ($765.5 million) to Samsung Display in the second quarter of this year for failing to take on an agreed volume of flexible OLED panels for its smartphones.On July 5, Samsung said in its earnings guidance that its second quarter earnings i

South Korean fabless chipmaker Dongwoon Anatech successfully took a 40% stake in its China-based joint venture Shenzhen Challwoon Semiconducor for 3.7 billion won ($3.1 million), industry sources said last week.Dongwoon Anatech had signed a 3.2 million dollar asset-transfer deal with the JV in Janua