Samsung Electronics marked 65.39 trillion won in revenue and 9.38 trillion won in operating profit in the first quarter this year.Revenue was the highest ever for a first quarter, Samsung said. Operating income rose 45% year-on-year.The South Korean tech conglomerate saw its mobile and consumer elec

Samsung Electronics on Wednesday unveiled its new notebook series the Galaxy Book Pro that sport OLED panels at its Unpacked event.Galaxy Book Pro and Galaxy Book Pro 360 will come in 15.6-inch and 13.3-inch sizes. The 360 model has a 360-degree revolving screen and offers S Pen support.A total of f

LG Display said on Wednesday that it has recorded 6.88 trillion won in sales and 523 billion won in operating income in the first quarter.Sales increased 46% from the a year prior. However, sales dropped 8% and operating income 24% from the previous quarter.The firm beat South Korean analysts’ conse

Samsung Electro-Mechanics said on Wednesday that it has recorded 2.37 trillion won in sales and 331.5 billion won in operating income for the first quarter.It is an increase of 11% and 99%, respectively, from a year ago.The figures are slightly above South Korean analysts’ consensus of 2.34 trillion

South Korean equipment maker IsMedia will supply its camera module inspection equipment to Sharp, the company said.The pair signed a 2 billion won supply deal for the kits, IsMedia said.The inspection equipment will be supplied to Sharp’s factory in Vietnam.They will likely be used for cameras that

PI Advanced Materials said on Monday that it will spend 73 billion won to build a new polyimide film production line.The new production line will have a capacity of 600 metric tonnes a year and manufacture polyimide films for use in electric vehicles and lithium-ion batteries.The company said the ne

South Korean printed circuit board (PCB) manufacturer Isu Petasys is exiting its high density interconnect (HDI) board and flexible PCB (FPCB) business, TheElec has learned.The company notified its customers, which includes Samsung Electronics, and its employees of the exit, people familiar with the

LG Electronics said on Monday that it will launch a new 15.6-inch model of LG Gram notebook next month in South Korea.LG Gram 15 will have a 16 to 9 ratio FHD (1920x1080) IPS display.The 2021-model LG Gram 16, which was unveiled in December, had a screen ratio of 16 to 10. The screen is WGXGA (2560x

Samsung Electronics will launch its low-tier Galaxy M12 smartphone in South Korea on Wednesday.The phone, which will only come in black, will be sold online priced at 198,000 won.M12 will have a 90Hz refresh rate 6.5-inch screen. It will have four cameras on its back: a 48MP main shooter, a 5MP ultr

Iljin Hysolus said on Monday that it will build a new research center and factory at Wanju, North Jeolla Province.It will spend 12.6 billion won to build the center, which will research hydrogen fuel cell solutions, at the city.It will also review potential additional investment to build a new facto

Solus Advanced Materials said on Thursday that it is expecting sales of 88.8 billion won and operating income of 400 million won for the first quarter.This is a rise of 25.3% in sales, but a 95.5% dip in operating income.Its elecfoil business contributed 58.2 billion won in sales, its highest ever.H

Apple was suffering setbacks in its production of the new Mini LED iPad Pro due to problems in surface mount technology (SMT) process, TheElec has learned.This was due to the low production yield rate of Taiwan’s TSMT, one of the SMT suppliers for the newly unveiled devices, people familiar with the

Chinese camera module firm O’Film Group has been kicked out of Samsung Electronics’ supply chain for smartphones, TheElec has learned.The company was kicked out of Apple’s supply chain last year year. In July, the US Department of Commerce had included O’Film Group among a list of eleven Chinese com

Samsung Display said on Wednesday that its OLED panels used in Galaxy Note20 has received the Environmental Product Declaration (EPD) certification.The certification mark is given by the Korea Environmental Industry & Technology Institute to environmentally friendly products.The institute looked at

Hana Technology said on Wednesday that it has purchased two patents related to display glass processing.The battery equipment maker bought the patents through a court auction.Laminex, which originally filed for the patents, had them sized by the Suwon District Court back in 2017.The patents 2012-000

An executive at LG Display has received the top science honor given by the South Korean government.Oh Chang-ho, executive vice president and head of TV business at LG Display, has won the Order of Science and Technology Merit for his contribution to the country’s display industry. The Order is the t

Around 169 million units of iPhone OLED panels will be shipped this year, according to market research firm Omdia.This is 47.6% higher than the 114.5 million units shipped in 2020. The 169 million units includes legacy OLED iPhone models as well as those for new models launching later this year. App

Iljin Composites has renamed itself Iljin Hysolus, the company said on Tuesday.Hysolus is a combination of Hy and Solus. Hy stands for high and hydrogen, while solus is short for solution, the company said.The new name reflects the company’s aim to provide an environmentally friendly solution to ene

Seoul Semiconductor has entered Samsung Electronics’ supply chain for MiniLED, TheElec has learned.The volume is yet small, but could lead to bigger collaboration between the pair in MiniLED and MicroLED in the future.Seoul Semiconductor has supplied its MiniLED to Samsung for use in Neo QLED TVs, w

Samsung Display has begun production at its OLED plant in Noida, India, TheElec has learned.The OLED display panels produced at the plant will be supplied to Samsung Electronics for the smartphones it sells in the country.According to market research firm Canalys, Xiaomi was the largest smartphone v