Vehicle body maker MS Autotech was expanding its collaboration with Hyundai Motor to develop an automatic guided vehicle (AGV), TheElec has learned.AGVs are used in industrial sites to automatically carry loads between locations.According to market research firm Mordor Intelligence, the North Americ

Woory Industrial has secured Hyundai Wia as its customer, the company said on Wednesday.The company signed a long-term contract to supply components for the heat management system in electric vehicles.The deal is worth 21.7 billion won and last from 2023 to 2030.Woory will be supplying its 3-way val

Haesung DS is expected to expand its supply of automotive chip boards next year.Its main customers NXP, Infineon and STMicroelectronics are expected to maintain their high growth rate in 2022.Haesung custom manufactures lead frame and semiconductor package boards for these companies.Earlier this mon

LG InnoTek has won a lawsuit it filed against Truwin over the development of an infrared camera.The South Korean component maker had said the camera sensor developer had failed to provide a sample within the agreed-upon deadline.The pair had agreed to co-develop an infrared camera sensor back in 201

Mando has acquired an equity stake in lidar sensor firm Carnavi.com.It spent 2 billion won for a 4% stake on September 2, according to the company’s filings to local financial authorities on Tuesday.Carnavi.com previously was part of a national project to develop 3D fixed lidar technology, along wit

Hakuk Carbon and LIG Nex1 is aiming to co-develop an urban air mobility (UAM) vehicle with the aim of commercializing it in 2025, TheElec has learned.Hankuk is aiming to develop a rotor blade with 64dB of noise levels for a 200kg drone that will be powered by hydrogen fuel-cell.Hankuk was currently

LG InnoTek has transferred ownership of 76 patents registered in South Korea and the US to display chip firm LX Semicon last month, TheElec has learned.It sold the patents to LX Semicon over two deals, on October 14 and 21. It sold 60 South Korean patents and 16 US patents, people familiar with the

Haesung Optics said on Friday that it has completed its reorganization of appointing a new management team and removing loss-making businesses.The company will focus on its optical image stabilization (OIS) actuator business to return to profitability in the fourth quarter, a Haesung Optics spokespe

Samsung Electro-Mechanics has been supplying flip-chip ball grid array (FC-BGA) to Apple for use on their M1 chip since last year, TheElec has learned.Japan’s Ibiden and Taiwan’s Unimicron are also supplying the chip boards for M1, people familiar with the matter said.Ibiden, the world’s largest man

Memory chip board maker TLB said on Wednesday that it will form a subsidiary at Vietnam within the year.It has signed a leasing agreement for lands where it will build a new factory.It will spend 5 billion won for the factory, which will start construction during the first half of 2022 and start par

The high demand for multi-layer ceramic capacitors (MLCC) is expected to continue at least until early next year.Murata and Taiyo Yuden’s remaining orders for MLCC during the July to September period doubled from a year ago.Taiyo also increased its MLCC sales forecast for the year thanks to high dem

Samsung is planning to apply a 50MP autofocus camera for the main camera on the low-end Galaxy A13 smartphone, TheElec has learned.The South Korean conglomerate will procure the camera from local suppliers Cammsys and Namuga, people familiar with the matter said.Galaxy A13 will have a 50MP wide-angl

Autonomous driving startup 42dot will spend around 6 billion won to acquire 10% of the shares in INAVI Systems, TheElec has learned.The startup is making the investment to secure a stable supply of high precision map data from INAVI Systems, a subsidiary of Thinkware that operates its driving naviga

Mando and SOS Lab will develop a lidar that can support Level 3 autonomous driving by 2025 to supply to Hyundai Motor, TheElec has learned.The fixed 3D lidar sensor that the pair are developing will be used by Hyundai Motor in 2025 at the earliest and 2026 at the latest, people familiar with the mat

LG InnoTek is increasing its spending in its camera module production facilities which it credited to demand rise from its customer.The South Korean component maker said on Thursday that it will raise its spending plan for this year from 547.8 billion won to 835.5 billion won, which is a 53% increas

Bare board tester (BBT) maker Bioptro has secured orders for BBT for up to February of next year, TheElec has learned.The testers will be used for chip board testing. High demand for chips is also increasing orders for equipment such as BBT.BBT inspects the electric characteristics of printed circui

Hyundai Mobis saw its operating profit drop 23.5% year-on-year during the third quarter of 2021.The automobile parts maker said on Thursday that it recorded 9.98 trillion won in revenue and 457.6 billion won in operating profit during the quarter.Revenue was level to that of a year ago while operati

LS Mtron was failing to win orders from automobile companies for its all-direction 5G antenna for autonomous vehicles developed in 2018, TheElec has learned.The antenna supports 28GHz spectrum and receives and sends signals only in areas needed by the car, unlike beamforming used in conventional arr

Haesung Optics will collaborate with Humax Mobility and Electrine to develop a platform and the technology for electric ships.Haesung Optics said the company will develop the ship and battery monitoring system; Humax will develop the platform and charging system; and Electrine will develop the motor

Hyundai Motor will apply a cellular vehicle-to-everything (C-V2X) chip from Israeli chip firm Autotalks for Genesis GV90 launching next year, TheElec has learned.It will also use Autotalks’ solution to develop its 5G C-V2X chip, sources said.Hyundai Motor believes Level 3 or above autonomous vehicle