Display production equipment maker Sunic System said on Tuesday that it will be supplying its deposition machine for OLED on silicon (OLEDoS) to Chinese display panel maker SeeYa.The deal is worth 32.2 billion won and the contract will last until June of 2024.OLEDoS is a microdisplay that is touted

Accelerator RedElec, which specializes in semiconductors, batteries, and displays, said on Thursday that it has formed its first venture investment association worth 2.5 billion won.The association, called RedElec Battery First Investment Association, will become the initial investor of promising st

China’s ChangXin Memory Technologies and other DRAM companies in Greater China are expected to see exponential growth in the coming years despite US sanctions against China, a South Korean professor said.This growth will be substantial enough to threaten the three-way dominance of the DRAM industry

Eaton Korea is aiming to expand its supply of electric solutions for data centers in South Korea, its country manager for the country told TheElec.The South Korean data center market is growing quickly from various trends such as AI, Eaton Korea President Oh Seung-hwan said.As data centers need unin

Display equipment maker Charm Engineering has won its patent lawsuit against Enjet after three years of legal back and forths.Earlier this month, the Supreme Court denied the two appeals made by Enjet against Charm Engineering.Enjet had filed appeals against two Patent Court decisions that invalidat

Nextin’s latest equipment aimed at use in extreme ultraviolet (EUV) process in semiconductor production is expected to be supplied to a customer later this year, TheElec has learned.The new equipment, called ResQ, will begin testing at a potential customer’s production line this month, sources said.

Fab equipment maker Protec is expected to see its sales expand as a contract that limited the sales of its laser assisted bonder (LAB) expired last month, TheElec has learned.LAB is used to attach the chip die on the board during packaging using a laser.Most chip dies are attached boards using infra

HB Technology will be supplying automated optical inspection (AOI) and repair equipment to glass substrate maker Absolics, a subsidiary of SKC, TheElec has learned.It is a new revenue source for HB Technology, which never supplied inspection equipment for glass substrates for chip packaging before.I

Samsung Display has started placing orders for equipment it wants to install on its first Gen 8 OLED production line.This was confirmed by its equipment suppliers Philoptics, FNS Tech, KCTech and HIMS.Philoptics said it signed a deal worth 63 billion won; FNS Tech 36 billion won; KCTech 35.7 billion

Telecommunication equipment maker Eluon’s goal ahead was to supply quality telecommunication equipment that is cheaper but better than those made by Huawei, Eluon president Lee Young-sun told TheElec.Its equipment has already been verified by use of them by South Korean telcos, Lee said in an interv

Battery contract producer JR Energy Solution said on Wednesday that it has started construction of its first factory.The factory will manufacture the cathode and anode electrodes for its battery customers.JR Energy Solution will spend 40 billion won initially and 305.6 billion won in total up to 202

Battery equipment maker Hana Technology has signed a strategic collaboration agreement with its Chinese counterpart SINVO, TheElec has learned.Shenzhen-based SINVO was founded in 2006 and has so far supplied battery production equipment for small batteries.It has supplied its equipment to battery ma

Dongjin Semichem has successfully reduced the sensitivity of its photoresist (PR) for extreme ultraviolet (EUV) processes in chip production.Research into EUV PR in recent times is focused on improving throughput, Dongjin Semichem manager Kim Jeong-shik told an audience during SEMI SMC Korea 2023 in

Tokyo Electron is expected to install the demo version of its new hybrid oxide etcher at a place designated by Samsung Electronics’ chip research group, Semiconductor Research & Development, TheElec has learned.The fab equipment maker’s new product is called hybrid because it uses the traditional RF

Battery equipment maker Philenergy is preparing to launch battery equipment aimed at 4680 cylindrical batteries, TheElec has learned.The standard was popularized by Tesla and is being adopted by other automakers BMW, Volvo and Stellantis as well.South Korean battery maker Samsung SDI invested 5 bill

A-Pro said on Monday that it recorded 60.1 billion won in revenue and 8.2 billion won in operating profit.Revenue jumped 195.6% from a year ago while operating profit turned to the black from a year ago.A-Pro currently has over 140 billion won of remaining orders for battery equipment; the company w

BOE chairman Chen Yanshun didn’t make a visit to Samsung, a key customer of the Chinese display panel maker, during his visit to South Korea in April, TheElec has learned.It is extremely rare for a high-level company executive of a component maker to not make a visit to a customer during a foreign t

A cloud hangs over the profitability of Gen 8 OLED. This is because Apple’s revenues from MacBooks are dropping, a key product that would use the OLED panels made by display panel maker’s Gen 8 OLED production lines.The iPhone maker’s revenue from MacBooks was US$7.168 billion during its fiscal seco

Battery equipment maker Avaco is expected to begin supplying its new roll press equipment to LG Energy Solution within the year, TheElec has learned.Roll press equipment is used during the electrode process in battery production to form positive and negative tabs.Avaco’s equipment is used to form th

Those in the South Korean display equipment industry told TheElec that they are skeptical of Chinese display panel maker HKC’s plan to invest in OLED display panels.Senior executives of HKC has been paying visits to South Korea for months recently and offering to order equipment to domestic equipmen