AI inspection equipment maker Twim said on Friday that it has recorded 21.6 billion won in revenue and 1.2 billion won in operating profit in 2021.It marks the second year that the company has marked a profit.Twim said revenue from its AI inspection equipment was higher than its previous sources of

South Korea’s printed circuit board (PCB) market is expected to grow 7% this year from 2021 led by high demand for chip boards, according to the Korea Printed Circuit Association (KPCA).The local PCB market is expected to be worth 16.255 trillion won, the association said.Revenue from chip board wil

Printed circuit board (PCB) maker BH said on Monday that it will acquire LG Electronics’ in-car handset wireless charging business unit.BH will be forming a new subsidiary called BH EVS that will acquire all sales rights from the business unit for 136.7 billion won. The acquisition will be completed

Samsung is diversifying its solid-state drive (SSD) tester supply chain as it prepares to mass-produce SSDs with next-generation interfaces.The South Korean tech giant recently held an open bidding meeting for SSD tester suppliers in a bid to secure new suppliers, sources said.Samsung has since then

South Korean battery maker SK On has named Toptec as its back-end partner for its new factory in Hungary, TheElec has learned.Toptec will be supplying equipment used to group battery cells into modules and packs to SK On’s factory in Invancsa, Hungary, sources said.The equipment is also used to atta

MK Electron CEO says the company is aiming to start producing silicon anode next year at the earliest.The South Korean material company was currently testing a silicon anode that improves on the weaknesses of exiting silicon anode, MK Electron Lee Jin told TheElec.The anode in batteries stores and r

Wonik PNE has acquired the battery equipment business unit of Samji Electronics, TheElec has learned.This is the company’s third acquisition in the past six months. Wonik PNE acquired Techland in October and NS in November.Wonik PNE’s parent company Wonik Holdings acquired battery equipment maker PN

LG Energy Solution is planning to spend 6.5 trillion won in building two new battery factories in North America.Earlier this week, it had announced that it plans to build a battery factory in Ontario, Canada through its joint venture with automobile giant Stellantis.The South Korean battery maker is

DB HiTek had spent more than it initially planned on fab equipment in 2021 thanks to the high demand for its 8-inch foundry services.The company said on Wednesday it spent 49.3 billion won in equipment during the fourth quarter last year.It has already spent 65.9 billion won in equipment up to the t

LG Chem and Korea Zinc are planning to form their joint venture sometime in April, TheElec has learned.The venture will manufacture precursors, which will be used to manufacture cathode by LG Chem.This cathode will then be used by LG Energy Solution to manufacture batteries.On Wednesday, LG Chem vic

Corning said on Tuesday that it has supplied its Astra Glass to Samsung Display for use in quantum dot (QD)-OLED panels.Each QD-OLED panel uses two sheets of the glasses: one for the thin-film transistor and another for the QD layer.Samsung Display’s QD-OLED panel will be used in TVs made by Samsung

TES is close to finishing the development of a low-k material deposition equipment, which will be the first from a South Korean company.The company is close to wrapping up its low-k plasma enhanced chemical vapor deposition (PECVD) equipment, sources said.Low-k material refers to materials that have

South Korean battery equipment maker TSI has won an order to supply mixing equipment to Ultium Cells, TheElec has learned.TSI beat competitor Yunsung F&C to win the order to supply the equipment to LG Energy Solution and General Motors’ joint venture.The mixing equipment will be supplied to Ultium C

Samsung Display was currently developing a new under panel camera technology for its customer Apple to hide the Face ID under the display in the next iPhone, TheElec has learned.Samsung Display’s technology is expected to apply first to Samsung Electronics’ foldable phones launching next year, follo

Fab equipment maker Exicon said on Friday that it has supplied 31.59 billion won worth of inspection equipment to Samsung Electronics.Most of the equipment are solid-state drive (SSD) testers, which are used to evaluate the performance and reliability of SSDs during the back-end process.The testers

Battery equipment maker Avaco is aiming to supply its new electrode equipment to LG Energy Solution directly, TheElec has learned.If it succeeds, it will be securing a second major customer after Ultium Cells, the joint venture between LG Energy Solution and General Motors, which it is already suppl

Eugenetec is currently developing a titanium nitride atomic layer deposition (TiN-ALD) equipment for application in 10-nanometer (nm) DRAM production, TheElec has learned.The equipment is used to form the electrode films of the capacitors in DRAM.Eugenetec began development for the new equipment lat

Samsung Electro-Mechanics said on Monday that it will spend 300 billion won to expand its flip-chip ball grid array (FC-BGA) factory at Busan.The new spending plan comes atop the 1.3 trillion won investment the company announced earlier in December to build an FC-BGA facility at its plant in Vietnam

LG Display has been evaluating the deposition process for Gen 8.5 (2200x2500mm) OLED panels since December last year, TheElec has learned.The evaluation is being done at its supplier Sunic System’s facility at Paju, sources said. The facility houses Sunic System’s Gen 8.5 half-cut and vertical depos

QRT said on Thursday that it will use its focused ion beam (FIB) technology to offer advanced semiconductor defect analysis.The company currently offers FIB equipment to offer semiconductor circuit correction service.This allows chip companies save time and money of mask adjustment and wafer fabrica