Youngwoo DSP said on Tuesday that it has signed a contract with Samsung Display for inspection equipment used in OLED panel production.The company didn’t reveal the size of the deal but said the kits will be used to check for defects in OLED cells, modules and panels in a production line located in

Battery production equipment maker Hana Technology was in talks with a South Korean battery cell company to supply equipment for the production of solid-state batteries, TheElec has learned.The pair are discussing a turn-key deal for assembly kits, sources said, which will include jelly roll injecto

South Korean memory chipmaker SK Hynix said on Tuesday that it has completed the acquisition of Key Foundry.It has named SK Hynix System IC CEO Lee Dong-jae as the new CEO of Key Foundry.Previous Key Foundry CEO Lee Tae-jong will be leaving the company.SK Hynix had signed a deal to buy the entire st

Poongwon Precision is expected to aim to supply Samsung Display with fine metal masks (FMM) used in the production of smartphone OLED panels in the fourth quarter, TheElec has learned.The company had said back in February that it is planning to supply an initial match of the material to an unnamed c

Samsung Display will be applying different grades of materials on the OLED panels it will manufacture for the upcoming iPhone 14 series depending on the model tiers, TheElec has learned.It will use its latest and most advanced material set for the higher tier iPhone 14 models while it will use its p

Outsourced semiconductor assembly and test (OSAT) firm LB Semicon is planning to build a new chip test line next year.The company will spend between 150 billion won to 160 billion won on equipment and will start building the line at its Anseong facility in January next year, people familiar with the

LG Electronics has offered compensation to current and former employees for the patents they helped develop, TheElec has learned.It marks the first time for the company to offer such compensation.LG Electronics has currently involved in around 50 lawsuits with employees over patents, which likely sp

LG Energy Solution was aiming to standardize its battery production to increase productivity with the ultimate aim to make the production line autonomous, TheElec has learned.The effort is being led by LG Energy Solution vice chairman Kwon Young-soo, who has been holding top management meetings with

Samsung on Thursday said it recorded 77.2 trillion won in revenue and 14.1 trillion won in operating profit for the second quarter.This is an increase of 21% and 12%, respectively, from a year ago and its highest second-quarter revenue ever.Its Device Solutions Division, its semiconductor division,

Jeil Machine & Solution (M&S) said on Wednesday that it has completed the construction of its new factory in its Gimhae facility.The factory, which the company spent 15 billion won to build, will focus on manufacturing mixing equipment used in battery production.Mixing equipment are very large so th

Samsung will gain procure protective films used in its foldable smartphones from South Korean component maker Segyung Hitech for its upcoming Galaxy Z Fold 4 and Galaxy Z Flip 4 phones, TheElec has learned.Segyung Hitech had been the supplier of the films, used to protect the screens on the phones,

SK Hynix hit record revenue and a high profit margin rate in the second quarter from the high demand for memory chips.The company said on Wednesday that it recorded 13.8 trillion won in revenue and 4.19 trillion won in operating profit during the quarter, an increase of 33.8% and 55.6% from a year a

Samsung is planning to use three battery suppliers for its new foldable smartphones launching next month.The company is planning to use batches made by Samsung SDI, LG Energy Solution and ATL, sources said.Samsung had used only Samsung SDI as a supplier for its first foldable smartphone Galaxy Fold.

TCL chairman Li Dongsheng is expected to visit Apple’s headquarters in Cupertino very soon, TheElec has learned.His visit is likely aimed at winning supply orders for liquid crystal display (LCD) panels made by TCL subsidiary CSOT from the iPhone maker for use on its tablets and MacBooks, sources sa

Semiconductor component maker TSI will wrap up the expansion of its factories in South Korea and China within the year, TheElec has learned.This will allow it to mass produce more sockets and probe cards used in chip production.TSI has been expanding its facility at Cheonan, South Korea since last y

Ion implant equipment maker Axcelis Technologies is expected complete its first foreign factory in South Korea in the second half of the year, the company said.The new factory will allow it to respond quickly to customers such as Samsung, SK Hynix and ON Semiconductor as well as overall demand in As

PI Advanced Materials said on Friday that its new optical polyimide (PI) film production line with an annual capacity of 750 metric tonnes has started production.With the additional capacity, the company now has an annual production capacity of 5,250 metric tonnes from its facilities in Gumi and Jin

Surplus Global said on Thursday that it has shipped its first 300mm test wafer from its cleanroom for foundry research.The company launched a new service earlier this year that offers a test bed to make wafers for customers.Surplus Global offers to make 300 thin film test wafers and analysis of elec

Samsung is planning to reduce the number of rear camera modules on its mid-tier Galaxy A series starting next year, TheElec has learned.The company will most likely remove the depth camera that was considered underutilized and instead focus on increasing the specifications of the remaining cameras,

Scrubber and chiller maker Global Standard Technology (GST) is planning for a subsidiary to support its customer Samsung at Taylor, Texas, TheElec has learned.The South Korean tech giant is planning to build a new fab in the US city.GST is expected to secure lands for its subsidiary within the third