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

Neontech was the exclusive supplier of cutting equipment for multi layer ceramic capacitor (MLCC) to Samsung Electro-Mechanics new factory in Tianjin, China, TheElec has learned.The factory began trial production in September last year. Samsung’s potential additional investment to expand the factory

LG Electronics said on Monday that it will begin global launches of its 2021-model OLED TVs.The TVs will come in six series with 18 models in total. Eleven models launching in South Korea will be over 70-inch in size.The six series are G, C, B, A, R and Z series.G series is what LG calls OLED Galler

Samsung Electro-Mechanics said on Monday that it was supplying its 10x optical zoom folded camera module to a global smartphone manufacturer.The company didn’t name its customer but it is highly likely Samsung Electronics and the modules are being on the Galaxy S21 Ultra smartphone.Optical zoom allo

Iljin Diamond has been sued in the US for patent infringement.Industrial diamond firm US Synthetic has filed two lawsuits against Iljin Diamond and Iljin Holdings __ one on November last year to the southern district court of Texas and another in December to the International Trade Commission.US Syn

Kolon Industries said on Thursday that it has posted 4.03 trillion won in sales and 152.4 billion won in operating income for the entire year of 2020. It is a decline of 8.4% and 11.8%, respectively, from 2019.For the fourth quarter alone, the company recorded sales of 1.14 trillion won and operatin

Earnings of South Korean display equipment manufacturer Leading Edge Technology (LET) in 2021 will rely on how much foldable smartphones Samsung can ship.LET is Samsung Display’s exclusive supplier of laminator, used to stack ultra-thin glasses that act as cover windows on the foldable panels.The co

The global TV market grew slightly in 2020, but LG Electronics saw its sales and shipment decline.Market research firm Omdia said on Wednesday that 225.35 million TVs were shipped last year, a rise of 1.1% from 2019.The COVID-19 pandemic affected sales in the first half but the market recovered in t

Iljin Electric said on Wednesday that it will supply 60.1 billion won worth of power line to Korea Electric Power Corporation (KEPCO).The lines will be used by the national utility to supply power produced at Dangjin Thermal Power Plant on west coast to Godeok Samsung Industrial Park at Pyeongtaek,

APS Materials and Poongwon Precision has been chosen to lead a government-backed project to develop fine metal mask (FMM).The companies beat Philoptics and Olum Materials to be chosen to lead the project given by South Korea’s Ministry of Trade, Industry and Energy. APS will lead the development of

Iljin Materials said on Tuesday that it has begun supplying 2 micrometers ultra thin copper foils to Samsung Electronics.They are used for semiconductor packaging.Japanese companies such as Mitsui previously dominated copper foils that are 2 micrometers-thin but Iljin began development of them in 20

Samsung Display was currently developing in-folding foldable OLED panels to supply to Oppo, Xiaomi and Google, TheElec has learned.Smartphones using these panels will launch within the year.The panel for Oppo folds from top to bottom __ it is an in-folding clamshell type. It is sized 7.7-inch unfold

LG Display said on Tuesday that is has developed large-sized oxide thin-film transistors (TFT) for digital X-ray detectors (DXD).It is the display panel maker’s first foray into medical X-ray market.TFT in DXD is used to convert the X-ray images into digital files to send to PCs. It is a core compon

LG Electronics said on Monday that it has launched two new high resolution projectors aimed at businesses.The two models are part of the LG ProBeam series, aimed at the business market. LG CineBeam is aimed at consumers.The new models, BU60PST and BF60PST, supports 6,000 ANSI lumen brightness. The l

Samsung Display on Sunday said it has joined the Responsible Business Alliance (RBA).The membership will boost the company’s environmental, social and governance (ESG) push, it said.RBA sets out and holds members accountable to RBA code of conduct based on a number of global standards to achieve a h

Samsung Electronics is planning to reduce the production steps in its MicroLED TV production to lower their prices, TheElec has learned.The company will apply RGB(red, green and blue) one chip transfer technology during production.Samsung currently transfer R, G and B chips separately. Instead, they

SoluM said on Thursday that its operating income in 2020 increased 59.6% from 2019.The company posted sales of 745.7 billion won and operating income of 20 billion won. Net income was 10.2 billion won.Sales increased 18.2% year-on-year and net income 43.4%.SoluM said the sales growth was led by its

It seems Apple is yet to decide whether it will launch an foldable iPhone as TheElec could find no visible preparation in the company’s supply chain to launch such a model.Some media reports point to a 2023 launch of such a model. But for such a launch date, Cupertino would need to have a specific p

Hansol Technics said on Thursday that it was expanding its second factory at Vietnam due to large increases in orders for liquid crystal display (LCD) modules and power boards.The company will give 27.6 billion won in guaranteed loans to Hansol Electronics Vietnam Hochiminhcity, its factory subsidia