Schneider Electric unveiled its switchgear that doesn’t use sulfur hexafluoride (SF6) gas.The company unveiled its eco-friendly switchgear lineup AirSet at a press conference in Seoul on Thursday.Fluoride is widely used in the semiconductor sector to insulate heat but is harmful to the environment d

Fab equipment maker SEMCNS is aiming to win approval from Samsung for its ceramic space transformer (STF) used in CMOS image sensor (CIS) probe cards during testing.The company is quality testing the equipment to secure the approval by the first half of the year, sources said.Probe cards are used to

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

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

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

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

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

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

Samsung is planning to install fab equipment on its new advanced fab P3 at its Pyeongtaek plant early in May, TheElec has learned.The company is aiming to complete the construction of the fab within the second half of this year. In preparation, Samsung will be placing and installing equipment at the

Motion control company Movensys is aiming to expand into the display panel and lithium-ion battery markets.Company chairman of the board Yang Boo-ho told TheElec that the company is planning to upgrade its motion control solution with machine learning and data analysis to achieve this while also off

Semes, the chip fab equipment subsidiary of Samsung Electronics, said on Friday that it has recorded 3.12 trillion won in revenue and 353.3 billion won in operating profit for the entire year of 2021.It is the company’s best annual performance to date. Revenue and operating profit also increased 41%

Computing chip inspection equipment maker DI was considering developing energy storage systems (ESS) as its new growth engine, TheElec has learned.ESS is comprised of battery cells and power management systems and is used to store power.They are in high demand to be paired with new energy sources su

Auros Technology said on Monday that it has started the development of a new overlay measurement equipment aimed at use in the extreme ultraviolet (EUV) process.Overlay measurement equipment is used to check the alignment of circuit patterns between the top surface and the bottom surface of wafers.T

Samsung said on Thursday that it has recorded 77 trillion won in sales and 14.1 trillion won in operating profit for the first quarter this year. It is a rise of 17.75% and 50.32%, respectively, from 2021. Analysts said the company enjoyed strong demand for its memory chips and smartphones during th

Hana Micron has been developing flexible packaging technologies aimed at the use of wearable devices and medical devices.The project started last year and is being conducted as a five-year plan, a company spokesperson said.The first result of the project is an ECG sensor module developed late last y

SK Hynix said on Tuesday that it has launched a new enterprise solid-state drive (SSD) that uses 128-layer NAND flashes.P5530 also uses controllers provided by the South Korean chip giant’s subsidiary Solidigm, which was formed in San Hose following the completion of the first stages of the acquisit

DS Techopia is planning to expand its production capacity for hexachlorodisilane (HCDS), a precursor used in the production of NAND flash memory chips, by up to 50% during the third quarter.The company said it was doing so as its customers such as Samsung are expanding their overall NAND flash produ

Samsung said on Wednesday that it will collaborate with Western Digital to set standards on Zoned Storage solid-state drives (SSD).The collaboration on Zoned Storage is their first among their comprehensive agreement to collaborate in the standardization of next-generation data placement, processing

DB HiTek CEO and vice chairman Choi Chang-sik said on Tuesday that the company intends to spend more in 2022 to replace aged 8-inch wafer equipment with new ones.The chip foundry company has been replacing aged 8-inch wafer equipment for the past five years but has so far only managed to replace 30%