Samsung Electronics recorded 63.67 trillion won in revenue during the second quarter, its highest to date for the quarter.Memory semiconductors led the growth while TV and appliances are posted strong earnings.However, its mobile business recorded lackluster earnings.Samsung said on Thursday that it

Samsung Electro-Mechanics has begun operations of its new multi layer ceramic capacitor (MLCC) factory in Tianjin, China.The company said during its second quarter conference call that the factory has begun operation at the current time, after completion of construction and trial testing conducted i

LG Display said on Wednesday that it was reviewing the construction of an additional OLED production line for IT and mobile applications.The statement is effectively a confirmation that the company plans to restart spending on the E6-3, which will manufacture OLED panels for Apple.LG Display CFO Suh

Samsung is yet to launch the 99-inch version of its MicroLED TV.This is despite the company saying earlier in the year that it will do so in the first half of the year.Samsung had also said it plans to launch 88-inch and 76-inch versions of MicroLED TV within the year.A Samsung spokesperson said thi

Merck said on Thursday that it will supply the hole transporting layer (HTL) material used in the production of OLED panels to LG Display.The layers will be used in LG Display’s production of smartphone OLED panels, which will be supplied to Apple for the upcoming iPhone 13.OLED panels are comprised

Samsung Display was considering manufacturing thin-film transistors (TFT) that will be used in Micro LED TVs made by Samsung Electronics, TheElec has learned.The South Korean display maker has formed a team to oversee the project, sources said. This team was formed in April and the project is called

There will likely be a shortage of large-sized OLED panels used in TVs starting in 2024, UBI Research CEO Choong Hoon Yi said.Yi based his forecast on the production capacity for large-sized OLED panels and t here expected demand going forward.Demand for large-sized OLED panels is expected to be aro

LG Electronics said on Wednesday that it has recorded 17.11 trillion won in sales in the second quarter, its highest figure to date.Meanwhile, operating profit increased 65.5% year-on-year to 1.11 trillion won.The figure matches that of South Korean analysts’ consensus of 17.2 trillion won in sales

The increase in liquid crystal display (LCD) TV panel prices that started last year has slowed down in July this year, according to data from market research firm WitsView.LCD TV panel prices only increased up to 0.3% from the first half of July (1 to 15) from the second half of June (16 to 30).The

Samsung’s earnings for the second quarter beat market expectations thanks to stronger than expected performance from its memory business.A one-time profit in its display business is also thought to have contributed the strong earnings.The company said on Wednesday that it recorded 63 trillion won in

Seoul Semiconductor has won a patent lawsuit it filed against a US distributor.On Thursday, the United States District Court for the District of New Jersey ruled in favor of the Korean LED maker, saying Onyx Enterprise’s LED products sold on its CARiD.com online platform violated patents related to

LG Electronics said on Wednesday that it will start sales of its premium LCD TV brand, LG QNED Mini LED, in July.Sales of the TV model will begin in the US, then expand to Japan, Europe and South Korea, the company said.The brand includes an 8K 120Hz model, an 8K 60Hz model and a 4K 120Hz model. The

Fabless company Eyenix said on Thursday that it will be supplying its internet protocol (IP) camera SoC EN675 series for CCTVs to Seyeon Tech, Cellinx Systems, and Webgate.EN675 SoC will be used in two IP security cameras that Seyeon Tech will launch at the end of June, a Eyenix spokesperson said.Th

Samsung Display and LG Display are expected to spend conservatively on expanding their OLED production capacities in the second half of the year, according to multiple sources working at South Korean equipment makers.There are some expectations that the pair may start investing more on OLED panels f

South Korean LED firm Wooree E&L has secured half the supply of LED module used by customer LG Display, TheElec has learned.People familiar with the matter said Wooree’s LED modules currently accounts for around 50% of those used by the South Korean display panel maker.LED modules are used as the ba

LG Electronics will begin sales of its 83-inch OLED TV in South Korea.Sales will also begin in the US this month, the company said on Monday.The TV, model name 83C1, is LG’s largest 4K OLED TV yet. Its largest OLED TV to date is 88-inch and supports 4K resolution. LG offers 48, 55, 65, 77, 83 and 88

Solus Advanced Materials said on Monday that it will be supplying hole transport layer (HTL) to LG Display for use in OLED panels.OLED panels are comprised of layers for electric current movements and layers that emit light.HTL is one of the layers that electricity flows through and determines the l

Samsung System LSI, the logic chip unit of Samsung Electronics, has begun development of three timing controller (T-Con) for quantum dot (QD)-OLED panels being developed by Samsung Display, TheElec has learned.Samsung Display is planning to send its prototypes of QD-OLED TVs and a monitor to potenti

Sales of middle to large sized OLED panels in the first quarter of 2021 surged 156% from a year prior, according to market research firm UBI Research.The firm calculated the sales of OLED panels sized 10-inch or larger used in TVs, monitors, notebooks and tablets.Sales for these panels reached US$1.

Samsung Display may extend its production of liquid crystal display (LCD) panels up to the end of 2022, TheElec has learned.Samsung Display CEO Choi Joo-sun said the company was reviewing extending the production of large-sized LCD panels to the end of 2022, in an email sent to employees of its larg