SK Hynix expects demand for memory chips will be weak in the second half of 2020 as it predicts an inventory readjustment period, the company said on Thursday.After the market hits bottom, it will recover substantially by the first half of 2021, the South Korean memory maker said its its conference

LG Display has posted operating loss of 517 billion won in the second quarter, the company said on Thursday.However, the company said it saw panel shipment increase for mobile and TVs due to the COVID-19 pandemic, which led to a 12% increase in sales to 5.3 trillion won.Loss for the quarter was wors

Flexible transparent electrode maker MSWay has been chosen as the leader in a national project develop building-integrated photovoltaics (BIPV) technology, the company said on Thursday.The project will last four years and seven months and will be provided 12.2 billion won in public funding.Gwangju I

JNTC will be supplying the 3D cover glass for a European premium vehicle launching next year, the company said on Thursday.The company said it finished preparation to ship its 47-inch 3D unibody cover glass.JNTC built a pilot line for glasses aimed at cars back in 2018. It built a commercial product

Samsung Display, together with the Ministry of SMEs and Startups, will help companies apply smart factory solutions, the company said on Thursday.It will take applications from July 27 to August 26. So far it has provided 42 companies with such support in the past three years.Samsung Display will sh

SK Hynix has posted 1.9467 trillion won in operating profits in the second quarter, a rise of 205% year over year, the company said on Thursday.It beats South Korean analysts’ consensus of 1.7 trillion won.The memory maker posted 8.6064 trillion won in sales, a rise of 33% from a year prior. Its net

ACM Research has developed the new Ultra C VI single wafer tool, the company announced on Wednesday.The latest addition to the company’s Ultra C leaning system, boasts 18 cleaning chambers. This is six more champers than the Ultra C V system and 50 percent expansion on throughput.ACM has also optimi

Investment into semiconductor equipment this year will rise 6% from the previous year’s US$59.6 billion to US$63.2 billion this year, SEMI said.This will grow in further to over US$70 billion next year, which will be the highest ever to date, the organization said.Wafer fabrication equipment will se

Samsung Electronics will give 36.5billion won as incentive payments to 23,000 employees of its suppliers, the company said on Wednesday.It is the conglomerate’s largest payment for the first half of the year to date.It chose 297 tier 1 and tier 2 subcontractors that met its goal of productivity and

LG InnoTek has posted higher than expected earnings in the second quarter of 2020 thanks to its camera module supply for Apple’s iPhone SE and strong performances of its semiconductor and display substrate businesses.The company posted 42.9 billion won in operating profits and sales of 1.5399 trilli

Synopex said Wednesday it is expanding its eco-friendly water treatment technology licensing business with Doosan Heavy.The pair signed a zero liquid discharge (ZLD) technology licensing agreement last year. The two companies will expand the application of the technology to more business areas.Synop

Hanmi Semiconductor expects its electro magnetic interference (EMI) shield equipment to contribute 120 billion won in sales this year, the company said Wednesday.The company said it posted 20.1 billion won in operating profits, a rise of 32% from a year prior, in the second quarter thanks to strong

LG Electronics will launch Gallery Design Soundbar in South Korea, the company said.The bar, model name GX, will offer a uniform design with LG OLED Gallery TV, the South Korean electronics maker said.The thinnest area of the bar is 19mm and the thickest 32mm. Its output is 420W.LG the bars will off

MK Electron is expecting record earnings in the first half of 2020, the company said.The company introduced its new vision, dubbed Long Run, at a company retreat meeting last week at Kangwon Province, it said. The even was broadcast live to employees at its various facilities in South Korea, China a

Ajinextek (AXT) will retire 2.9 billion won worth of ordinary shares to increase shareholders’ share value, the company said on Monday.It accounts for about 5.67% of issued shares and they are treasury stocks. It is 394,261 shares and will be retired on July 27.There will be no capital decrease from

LG Electronics will voluntarily commence free repairs for OLED TVs it sold from February, 2016 to September, 2019, the company said. It is due to potential heating problems from power board components in the TVs.A component that minimizes current interference is applied to TV power boards. Some of t

Samsung Electronics vice chairman Lee Jae-yong has visited Hyundai Motor Group’s Namyang R&D Center for a meeting with Hyundai Motor executive vice chairman Chung Eui-son on Tuesday, the companies said.It is the two bosses’ second meeting after their first meeting this year on May 13, when Chung vis

LG Electronics has globally launched its UltraGear gaming monitor (model name: 27GN950), the company announced on Tuesday.It comes with a 4K IPS panel with 1 millisecond response time as well as refresh rates of 144Hz. The monitor won the CES Innovation Award earlier this year.UltraGear's panel is a

AMD’s 2nd EPYC processors will power Confidential Virtual Machines (VMs) for Google Compute Engine, the companies announced on Monday.Confidential VMs, the first product in the Google Could Confidential Computing series, will allow customers to encrypt data in-use while it is being processed and not

Intel’s Mobileye has received regulatory approval to test automated vehicles in German roads.The chip giant’s self-driving subsidiary received the permission with the assistance from local independent technical service provider TÜV SÜD, the company said.Mobileye has previous performed testing in clo