South Korean equipment maker Top Engineering said on Oct. 24 that it has signed a 5.3 billion-won deal with China’s Henan China Top Opto to supply it with LCD equipment. This marks the first time for Top Engineering to partner with the Chinese firm.The equipment supplied by the Korean supplier are L

SK hynix said on Oct. 24 that it would ‘significantly’ cut investment in facilities next year. Industry watchers say this appears to be an indication that the cold spell among suppliers will continue to next year.“Our capex investment will go down significantly next year from this year as we assume

China’s Sunny Optical will be supplying ToF modules to the next generation flagship Galaxy S11 flagship models for Samsung Electronics. It would be the second time since supplying to the Galaxy S10 5G rolled out this year, according to industry sources on Oct. 21.As Sunny Optical begins to supply mo

LG Display is looking to supply LCD panels for next-generation budget iPhones from Apple scheduled to be released early next year. Industry sources said on Oct. 21 that the panels are undergoing last-minute quality checks.The new phones are the successor to the iPhone SE released in 2016 and discont

US-based Tesla appears to be gearing up to produce its own EV batteries. South Korean battery equipment maker Daebo Magnetic will most likely be filling the orders for the electro magnetic filters (EMF) needed for production.Industry sources told The Elec on Oct. 21 that Daebo seems ready to sign a

POSCO Chemical is planning to produce synthetic graphite cathode materials for the first time on South Korean soil from a plant it will begin building in Pohang in December this year, according to industry sources.Until now, the country has relied entirely on imports for synthetic graphite cathode m

South Korean supplier MCNEX is expected to see huge growth in the optical fingerprint recognition sensor business due to wider applications in Samsung Electronics' Galaxy A series next year.Industry sources said on Oct. 18 that MCNEX is supplying FoD (Fingerprint on Display) fingerprint recognition

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