Samsung SDI posted 267.4 billion won in operating income and 3.08 trillion won in sales in the third quarter.It is a rise of 61.6% and 20.2%, respectively, year over year.The company saw demand rise for both circular and prismatic batteries.Its electronics material business also posted strong growth

Display panel inspection equipment maker Dong A Eltek is aiming to supply more OLED-related kits to Chinese display panel maker Visionox.Last month, the South Korean company singed a 20.7 billion won contract with the Chinese company for demura systems, people familiar with the matter told TheElec.V

SK Telecom has begun testing of 28GHz mmWave 5G communication in commercial networks in Seoul, TheElec has learned.The carrier secured communication modules for testing that supports the spectrum earlier than competitors KT and LG Uplus, people familiar with the matter said. Testing started last mon

Semiconductor testing firm Nepes Ark is aiming to win a large order from Samsung Electronics to test CMOS image sensors (CIS), TheElec has learned.Samsung is expanding its CIS production to catch up to market leader Sony, which is making it difficult for the South Korean tech to test them all on its

Battery protective circuit company ITM Semiconductor will enter the battery pack market for electric vehicles (EV) and energy storage systems (ESS), the company said.It will also begin battery protective circuit and pack businesses in notebooks, power tools and wireless cleaners next year, it said.I

Organic light emitting diode (OLED) startup Lordin will launch OLED lighting products, the company said on Tuesday.Company CEO Oh Hyoung-yun said it will develop a blue OLED material and launch lighting products that will have a different concept from what is in the market.Lordin specializes in blue

US materials company Inpria has begun production of MOx-based inorganic photoresist (PR).Its high volume manufacturing facility has gone live recently and the company will be able to service the demand for inorganic PR, Inpria CEO Andrew Grenvile said at SMC 2020 hosted by SEMI.The facility has a pr

Semiconductor materials company RFsemi will start its own microelectromechanical systems (MEMS) foundry business, the company said.MEMS utilizes semiconductor production process to integrate ultra-small, micrometer-sized mechanical components and circuits on silicon wafers.Microphones made with this

TSE has begun supplying its ultra-fast test socket called Eltune to a global system-on-a-chip (SoC) maker, the company said.Eltune sockets offers shorter signal lengths compared to pogo pin sockets, the company said. The contact terminal was also wider and showed high results during yield rate testi

SK Hynix will acquire Intel’s NAND memory and storage business for $9 billion, the South Korean memory maker said on Tuesday.The transaction includes the US chip giant’s NAND SSD business, NAND component and wafer business and its Dalian NAND memory chip facility in China.Intel will retain its Optan

Samsung Electronics will showcase a film it produced called Untact filmed in 8K using smartphones, the company said.The film was directed by Kim Jee-woon and starts actors Kim Go-eun and Kim Ju-han.Untact will be romantic drama film.The film will open at two 8K cinemas in Seoul __ one at Yeonnam and

South Korean battery equipment SFA will unveil its smart factory brand called NEO next week.The company will share its vision for the business and also share its strategy on its battery operation, people familiar with the matter said.NEO aims to provide an artificial intelligence (AI) based automate

Semiconductor equipment maker ASML posted sales of 3.958 billion euros in the third quarter, a rise of 32% year over year.The extreme ultraviolet (EUV) exposure equipment maker posted operating profits of 1.216 billion euros, an operating margin rate of 30.7% and rise of 77% year over year.ASML said

Hanwha Corp. has supplied cathode production equipment to EcoPro BM, TheElec has learned.The equipment will be supplied to EcoPro BM’s new factory in Pohang called CAM5-N. Hanwha also supplied equipment for CAM5 that is nearby.The two factories produce cathode materials for use by Samsung SDI and SK

Global telecom equipment giants Ericsson and Nokia are reducing production in China.Their suppliers, South Korean companies KMW and Ace Technologies are also developing and producing their goods in Vietnam facilities instead of those in China in reaction to this, TheElec learned on Tuesday.The move

Hyundai Motor will voluntarily recall its Kona electric vehicles (EV) in reaction to recent string of fires involving the car models.The recall will effect 25,564 units of the model produced between 2017 to 2020.Hyundai has said damages in the separator of the batteries in the car as the cause of fi

Microcontroller unit (MCU) fabless company ABOV Semiconductor will expand into edge artificial intelligence (AI) for growth going forward, the company said.Company vice president Jae C. Son said it will create solutions optimized for the edge AI computing era, at an online forum held by Sungkyunkwan

Display heat treatment equipment maker Viatron Technologies is looking to acquire companies in the semiconductor and battery equipment industry for new growth, the company said on Thursday.KOSDAQ-listed companies as well as startups were all potential candidates, a company spokesperson said.One of t

System semiconductor startup SKAi Chips has received 1.6 billion won in investment from a listed South Korean fabless company in its Series A funding round, the company said on Wednesday.The investment was thanks to SKAi’s competence in analog mixed signal chip designs, the startup said.SKAi Chips s

LG Chem and Hyundai Motor are discussing a reaction to plan to the recent fires on the Kona EV electric vehicle model, TheElec has learned.They are considering a voluntary recall as the most likely decision for the troubled models, people familiar with the matter said.The pair has discussed the expe