DB HiTek has promoted two new employees to executives, the company said on Monday.Park Sang-kwon and Han Sung-jin has been named vice presidents. Park worked at LG Semiconductors and Hynix Semiconductors and worked on marketing and strategy before joining DB HiTek in 2009. He will oversee planning i

Pims, which produces masks used in organic light emitting diode (OLED) production, has set its share offering price at 19,000 won, the company said on Monday.The company commenced its forecast on September 2 to September 3. Around 1.53 million shares, or 76.5% shares on offer, were booked by 1,332 i

Qualcomm announced on Thursday at the IFA tradeshow its second generation Snapdragon 8cx 5G compute platform aimed at notebook PCs.The US chip giant touted the ARM architecture based processors’ low power, 5G connectivity and artificial intelligence (AI) performances.The chip will allow notebook PCs

LG Electronics CTO IP Park showcased the company’s vision of a good life post COVID-19 pandemic at the company’s press conference at IFA 2020 on Thursday.The South Korean tech company shares its vision called Life’s Good from Home at the conference.Park took to the stage in a prepared hologram and s

Driver IC maker LBLusem will lead a national project to develop a miniLED module, the company said on Thursday.The company will receive 18.4 billion won in funding from the Ministry of Trade, Industry and Energy up to December 2024 to make miniLED display that use local materials and light sources.B

Korea Electronics Technology Institute (KETI) and Siheung City will collaborate to build a data center dedicated to managing data from electric vehicle (EV) manufacturing, the pair said on Thursday.The pair will collect data of components and driving while EVs are on the road. They will then use tha

Seoul Viosys is developing a photo shower that can disinfect COVID-19 within three seconds, the company said on Thursday.The firm will use its own ultraviolet LED technology called Violeds for the shower.Photon shower works in booths where the subject can stand and photons will be shot to kill any v

Samsung Electronics has launched a new projector for home cinema called The Premiere, on Wednesday.The high tier version has triple laser technology where different lasers are used for the colors red, green and blue.The budget model has a single laser.The high tier version can project up to a 130 in

LG Electronics said on Wednesday its 8K OLED TV has been recognized as the best TV to realize Nvidia’s GeForce RTX Series GPU.The US chip giant demonstrated its new GPU series on LG’s 88-inch 8K OLED model on Tuesday.LG’s Signature OLED 8K has over 33 million pixels and supports 60Hz refresh rate at

LED maker Seoul Semiconductor has won a technology theft lawsuit against its Taiwanese counterpart Everbright in South Korea.The Suwon District Court fined Everbright 500 million won and gave suspended sentences to three of its employees.Seoul Semiconductor had claimed that Everbright acquired its S

LG Electronics will unveil its flagship smartphone for the second half of 2020 on September 14, the company said on Wednesday.The South Korean company has been developing the smartphone, which will have dual screens that revolve, under the code name Wing.In a statement, LG introduced the device as t

South Korean battery makers LG Chem, SK Innovation and Samsung SDI saw their market share from January to July double from last year, according to market research firm SNE Research.The three combined had a share of 35.6%, over double that of their share of 15.9% in 2019.Chinese companies combined, h

Camera lens company Kolen said Tuesday that its largest shareholder Biolog Device will buy 100% of the allot shares of its new share issuance.Both companies are lead by CEO Yi Jae-Sun.Kolen’s latest paid-in capital increase is to secure funding to expand its factory in Vietnam.It plans to allot the

Seoul Viosys has opened its online shopping mall called Violeds Mall, the company said on Tuesday.Violeds is the name of the company’s ultraviolet (UV) LED technology that is used to kill virus and bacteria.Violeds Mall will sell the company’s portable air purifier VAC and multi-purpose sterilizer V

Posco Chemical has begun the third expansion of its Gwangyang battery anode material factory, the company said.The expansion will add 30,000 metric tonnes per year in production capacity.The factory will in total have a production capacity of 70,000 metric tonnes when the third stage expansion is co

Qualcomm has provided scholarship and its Snapdragon mobile platform for the 2019-2020 Korea Robot Championship (KRC), the company said.The event is sponsored by the US chip giant and hosted by FEST Creative Engineering Education Association.A total of 143 teams and 1,000 students participated on th

Samsung Display has sold its Liquid Crystal Display (LCD) factory in Suzhou, China to CSOT, the companies announced.COST has acquired a 60% stake in Samsung Suzhou LCD (SSL) and a 100% stake in Suzhou Display (SSM) for a total of US$1.08 billion.Samsung Suzhou LCD’s ownership structure will change t

Wonik IPS will acquire parts of the display business of Semes, the equipment subsidiary of Samsung Electronics, for 82 billion won, the company announced.The two have signed a binding MOU for the deal, Wonik IPS said.Wonik is aiming to buy Semes’ display photo and wet equipment technology, sales rig

South Korean telco LG Uplus will export its augmented reality (AR) education content to its Japanese counterpart KDDI, the telco said.KDDI will call the service Magic Library, which will launch next month in Japan.LG Uplus said the service has over 230 English children’s book from publishers such as

Japan Display (JDI) will sell a Liquid Crystal Display (LCD) factory and the land it sits on to Sharp for US$390 million, the company announced on Friday.The company also said it will sell the equipment at the Hakusan LCD plant to an “overseas customer” for US$285 million, JDI said. The customer in