Samsung Electronics will hold an unveiling event for new Galaxy A smartphones for the first time next week.The company said on Wednesday that it will hold an online event called Samsung Galaxy Awesome Unpacked on 10am March 17 (US EST).It will likely unveil the rumored Galaxy A52 and A72 smartphones

LG Electronics said on Tuesday that it has won a patent infringement lawsuit against TCL in Germany.The Mannheim Regional Court ruled in favor of LG on March 2, finding that TCL has infringed the South Korea company’s standard essential patent EP 2 627 146 B1 related to LTE technology.LG filed three

Worldwide revenue from organic light emitting diode (OLED) increased only increased 0.7% in 2020, according to market research firm UBI Research.This was due to price drops of smartphone OLED panels, which cause revenue increase to be less than shipment increase, the firm said.Global OLED revenue hi

Hanwha Corporation and Hanwha Systems were received the awards by Korea Exchange for excellences in public disclosures.The Korea Exchange said the two companies shared information quickly and accurately, which allowed them to strengthen communication with shareholders.Hanwha Corporation received the

Posco and SK Global Chemical said on Monday that they will co-develop new composite materials to make automobiles lighter.The pair will develop materials that can be used to manufacture battery packs, in light of the expansion of the global electric vehicle market, they said.The companies will also

SK Innovation said on Sunday that it will be selling its stake in a US shale oil field.It will stake and related assets in Oklahoma and Texas to BenchMark Energy.The deal will be completed within this month. The pair signed the contract for the deal in January. The terms of the deal were not disclos

LG Display on Sunday talked up the benefits of OLED TV technology on a new clip promoting Disney’s upcoming movie Raya and the Last Dragon.The 30 second clip posted on YouTube is trailer for the movie shown on an OLED TV.Disney also used OLED TV for its promotional event on March 4.LG Display and Di

SK Hynix begun mass production of 18GB LPDDR5 mobile DRAM, the company said on Monday.The chips will be supplied to Asus for ROG(Republic of Gamers) 5 gaming smartphone.SK Hynix said the new chip can run at up to 6,400Mbps, which is 20% faster than its predecessors that supported to up to 5,500Mbps.

Samsung Electronics will begin sales of its mid-tier Galaxy A42 5G smartphone in South Korea on Friday.The smartphone packs a 6.6-inch screen, quad camera and a 5,000mAh battery. It has what Samsung calls a layered pattern design on its back cover.The cameras on its back are 48MP main, 8MP ultra wid

Hana Technology said on Friday that it will issue 100% bonus shares.Existing shareholders will get one free share per existing ordinary share.The company will issue 3.51 million shares for free __ it will have 7.27 million shares in total afterwards.The shares will be issued on March 23 and listed o

Merck said on Friday that it will be changing the name of its performance materials business to electronics.The name change was part of its strategic realignment for the past couple of years, the company said. It was part of its Bright Future program that started in 2018, Merck said.“The renaming of

South Korean battery makers LG Energy Solution and SK Innovation have very different ideas on how much the latter to should pay the former to settle their ongoing lawsuit over trade secret.LG is seeking a payment of around 3 trillion won; while SK is seeking to pay less than 1 trillion won, people f

Qualcomm on Thursday announced Snapdragon Sound which will offer significantly improved audio quality in wireless headphones, earbuds and smartphones.The US chip giant will offer its latest processors and Bluetooth audio SoCs, among other technologies, to offer hi-fi 24-bit 96kHz audio, ultra low la

South Korea’s prime minister Chung Sye-kyun on Thursday said he believed LG Energy Solution and SK Innovation’s request to White House to interfere in their ongoing battery dispute wasn’t helpful to South Korea’s national interest.Chung said at a press briefing in Seoul that it was in the two compan

VTGMP said on Wednesday that it has secured licenses to use use two patents related to lithium sulfate battery from Korea Electrotechnology Research Institute (KERI).The company also formed a new business division for the next-generation batteries.KERI will send two researchers to support the compan

AP Systems said on Wednesday that it has recorded 591.8 billion won in sales and 46.2 billion won in operating income for the entire year of 2020.It is a jump of 28% and 63%, respectively, from 2019. It is the company’s highest annual operating profit on record.Improvement in produce mix for semicon

Hana Technology said on Tuesday that it has won an orders for battery equipment worth 48.6 billion won.It will be supplying 43 billion won worth of assembly equipment and 5.6 billion won worth of back-end equipment.The combined worth of the deals is equal to 55% of its total sales in 2020, which was

Samsung Electronics said on Wednesday that it will launch 21 models in its new Neo QLED TV series.This is three more than the 18 models rival LG Electronics plans to launch in its OLED TV series.Neo QLED TVs are liquid crystal display (LCD) TVs that use MiniLEDs as their backlighting. It is an upgra

LG Display said on Tuesday that it will form a new position of chief safety and environment officer (CSEO) to strengthen its safety policies. The CSEO will have authority level to that of a CEO on safety matters, the company said. The officer will be able to order production and facilities to be sus

Samsung Electronics said on Tuesday that it will run a 3-day free trial program in South Korea for its foldable smartphones.The Galaxy To Go service will lend Galaxy Z Fold 2 and Galaxy Z Flip 5G to consumers.The program will run until April 30. Consumers can request the service and rent the devices