Chip and component reliability testing firm QRT was developing new chip testing equipment with the aim to make the business a major source of revenue by 2025, TheElec has learned.The company was aiming to sell its semiconductor soft error tester and 5G mmWave spectrum RF accelerated life tester, peo

Samsung is planning to increase its joint development manufacturing (JDM) of smartphones more than it initially planned this year, TheElec has learned.The South Korean tech giant is planning to increase the volume of smartphones produced by its Chinese contract makers by 20 million units for a total

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

Battery maker SK On is planning to build a pilot production line for prismatic batteries, TheElec has learned.Many within the company had so far argued for the push for pouch batteries but since last year many customers had requested that the South Korean battery maker also manufacture prismatic bat

Hana Technology said on Thursday that it has won a turn-key order worth 90.8 billion won from battery maker Britishvolt to supply them with back-end formation equipment.It is the second European customer the South Korean equipment maker has secured. Last year, Hana Technology garnered Norway’s Freyr

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

BOE is expected to continue facing production problems with OLED panels for iPhones due to the ongoing chip shortage, TheElec has learned.The Chinese display panel maker’s production volume for the panels had dropped since February due to the shortage in display driver ICs, as reported by TheElec ea

Samsung is likely to use batteries from LG Energy Solution on its new foldable smartphones launching later this year, TheElec has learned.Samsung’s MX Business, the name of its mobile business, was reviewing using LG Energy Solution’s small-sized pouch batteries on the Galaxy Z Fold 4, sources said.

South Korean companies Kolon Industries and SKC will be supplying polyimide (PI) films to Taiwan’s Asus for the latter’s foldable notebook, TheElec has learned.The films will be used as cover windows __ protective films __ for the Zenbook 17 Fold OLED, which was unveiled earlier this year by the PC

South Korean battery maker Samsung SDI is planning to apply to its smartphone battery production the stacking method it currently uses for the production of electric vehicle batteries.The stacking method stacks battery materials in layers and Samsung SDI uses this technique currently in the producti

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

Coasia Optics will be supplying lens modules to Samsung for use on the Galaxy S smartphone series, TheElec has learned.The lens modules will be used for the front cameras on Galaxy S smartphones series, starting with the recently launched Galaxy S22 series, sources said. Coasia Optics’ affiliate Coa

SK IE Technology will be supplying the transparent polyimide film, which is used as the cover windows of screens, on Hewlett-Packard’s (HP) foldable notebook.The company will be the exclusive supplier of the films and had won the order by offering them at half the price of rival bids, sources said.S

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

Samsung SDI will decide within April where its electric vehicle battery joint venture with automaker Stellantis will be based at.The South Korean battery maker has recently wrapped up discussions over subsidies with a local government in North America for the matter, sources said.Meanwhile, LG Energ

Apple is likely to use its long-time camera module supplier LG Innotek and parts maker Jahwa Electronics for the procurement of folded zoom camera modules.Earlier this week, South Korean camera module parts maker Jahwa Electronics announced that it will spend 191 billion won on a new optical image s

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%

Posco Chemical was close to finishing the third and fourth phases of expansion of its battery cathode plant in Gwangyang, South Korea, TheElec has learned.Once the expansion is complete, which will be no later than June, the South Korean chemical company’s battery cathode production capacity will in

Jahwa Electronics said on Wednesday that it plans to spend 191 billion won on building facilities to produce new models.The company currently supplies optical image stabilization (OIS) actuators to Samsung for the Galaxy S22 series smartphones.The size of the spending plan, which will last until Mar