The head of LG Electronics’ center for material production and equipment innovation has denied that the center every took illicit profit from suppliers as part of an “unspoken agreement.”“There’s no more confusion or controversy on this,” Hong Soon-kook, the chief of the center, told The Elec on the

SK Hynix, the world’s No.2 memory chipmaker, may be forced to shutter some of its assembly plants following the Japanese government’s latest decision to ban or limit the exports of semiconductor materials to South Korea.“It’s a little less urgent for Samsung Electronics, which has its own warehouse

The demand for Multiple Layer Ceramic Capacitors (MLCCs) won’t pick up until at least the fourth quarter, according to industry sources on June 21.Previously, experts had expected a turnaround by Q3. On the contrary, the oversupply has yet to be relieved, while demand from China remains soft.“For bo

Despite Apple’s attempts to reduce its production reliance on Chinese facilities, it looks like it would take years for any of those suppliers to set up shop offshore, according to industry sources and the foreign press on June 19.In addition to astronomical costs, there’s the enticing cocktail of i

Point Engineering, a leading South Korean maker of displays and semiconductor parts and materials, is poised to sign deals with global chip equipment makers next year, according to company officials.With the move, the company hopes to diversify its portfolio that’s currently geared towards displays.

Suppliers for foldable phones are suffering on the delayed launch of the next generation handsets that had promised hefty profit margins, industry sources said on June 11.To name just a few, Kolon Industries, Innox Advanced Materials, BH Co. and KHVATEC are all on the edge of their seats, waiting fo

LG Chem which once sued SK Innovation in an international patent lawsuit, has filed a lawsuit against a much smaller company in March this year, according to industry sources on June 5.The LG affiliate sued Innox Advanced Materials for infringing on patents involving encapsulation film technology fo

Chinese telecom equipment maker Huawei visited South Korea last week to meet with parts suppliers to enlist their support, according to sources close to the matter on June 4.“Huawei admitted it may have to cut production, but asked for steady supplies even if that’s the case,” said one of the source

A domestic legal fight has blown up into an offshore battle.Jahwa Electronics and Mplus – both vibration motor suppliers for Samsung smartphones – are wrestling over patents in Vietnam where a growing number of South Korean manufacturers have been settin up camp, according to industry sources on May

Samsung Display is looking to diversify its portfolio of ACF (Anisotropic Conductive Film) suppliers, according to industry sources on May 27.ACF is a core part of display technology, indicating adhesive material used to connect display panels such as LCDs and OLEDs with electronic circuits.The disp

Samsung SDI has sold off a unit that manufactures ACF (Anisotropic Conductive Film), a key material connecting display panels and electronic circuits, to Kukdo Chemical, according to industry sources on May 24.They said the deal was inked between Samsung and Kukdo 10 days ago on May 14, after almost

The smartphone substrate factory production capacity of LG Innotek has plunged by 70%. As LG Electronics has decided to relocate its smartphone production line in Pyeongtaek to Vietnam, it is unlikely that LG Innotek's PCB factory will survive.According to a report by LG Innotek filed to the Financi

"Samsung and Toray have continued their cooperative relationships in the field of materials."Jeon Hae-Sang, CEO of Toray Advanced Materials, said in a lecture at Soongsil University in Seoul on the 9th. In his lecture, he emphasized the R&D in the materials field and technology capability of Japan T

LG Electronics plans to move its smartphone assembly factory to Vietnam. As the MC division of LG Electronics recorded an operating loss of 790.1 billion won last year, improving its profitability by increasing sales and reducing costs is the top priority.According to the industry on the 22nd, LG El

Electronic parts maker JAHWA Electronics is preparing for a patent lawsuit in Vietnam. It has received opinion statements from Vietnamese authorities that M Plus, a smartphone vibration motor company, violated JAHWA Electronics' patent rights.According to industry sources, JAHWA Electronics received

Samsung Electro-Mechanics will sell its wireless charging module business to a midsized company in Korea.According to the industry on the 9th, Samsung Electro-Mechanics has decided to sell its wireless charging module business to Chemtronics, a manufacturer of electronic parts and chemicals. The com

ISMEDIA has signed a supply contract worth 7.4 billion won with O-Film, a Chinese smartphone component manufacturer. The company will supply dual camera inspection equipment and handler, which is automation equipment.According to industry sources on the 8th, ISMEDIA signed a contract with O-Film to

AMOTECH, an electronic parts maker, is expected to benefit from the wireless recharging business. This expectation stems from the fact that more smartphones and wearable products will likely apply AMOTECH's wireless charging antenna module.AMOTECH supplies '3 Combo' antenna modules to Galaxy S10 ser

LG Innotek's Cheongju factory, which produces the main PCBs, has plummeted to 51% last year. This is far lower than the 80% of the previous years. The pressure on the Substrate Material Segment's profitability is expected to increase further.According to the LG Innotek business report on the 2nd, th

Interflex, a manufacturer of flexible printed circuit boards (FPCBs), has secured Sunny Optical and BOE as new customers. It will supply RFPCB for camera modules for Sunny Optical and organic light emitting diode (OLED) displays for BOE.According to the industry on the 27th, Interflex has secured Su