Justem said on Monday that it has supplied roll-to-roll equipment used in lithium-ion battery production to a Japanese battery equipment maker.The South Korean company will supply its roll-to-roll equipment used in the electrode process.This was in addition to the aging equipment used in the formati

LG Innotek said on Monday that it will spend 1.3 trillion won at its facility in Haiphong, Vietnam to build an additional camera module production line.The funds will be spent up to December 2025. The City of Haiphong will install additional electrical substations and offer tax benefits to the facil

LG Chem said on Monday that it has started production of a high-nickel, single-crystal cathode that it says will increase the performance of electric vehicle batteries.Production has started at its facility in Cheongju and the first batch will be delivered to a customer starting next month.LG Chem s

Samsung has outlined its schedule to produce 2-nanometer (nm) chips as the competition between global foundries intensifies.The South Korean tech giant on Wednesday said during Samsung Foundry Forum 2023 that it plans to manufacture 2nm chips for mobile applications in 2025; those for high-performan

Samsung placed an order to LG Display to procure white-OLED panels earlier this month, TheElec has learned.The order is small and Samsung is planning to use the panels for the development of a W-OLED TV it will unveil later in the year, sources said.LG Display will deliver the panels to Samsung with

The global chip foundry market seems to have hit its lowest point during the first half of this year.TSMC and sources based in South Korea TheElec talked to believe the market will start seeing demand recovery again in the third quarter of this year.The main driver of this recovery seems to be ChatG

Xavis said on Friday that it has developed a new 3D CT inspection equipment for batteries.The company used AI technology to reduce the noise and offer cleaner images, CTO Byungseok Min at a press conference during InterBattery 2023 in Munich.Xavis is conducting sales activity for the equipment to ba

Netflix Co-CEO Ted Sarandos arrived in South Korea on Tuesday to partake in a press conference on Thursday, TheElec has learned.Sarandos will leave on Thursday after taking part in the conference where he will share the company’s investment plan in the country.Netflix is embroiled in a lawsuit with

Fab equipment maker APTC said on Wednesday that it has found that its shareholder list has been leaked by a securities firm.APTC, also known as Adaptive Plasma, said its shareholder list, shareholder addresses, how many shares they own, their phone numbers and nationality as of March 31 2022 was lea

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

Posco said on Wednesday that it will spend 1.5 trillion won with China’s CNGR to build nickel and precursor factories in Pohang, South Korea.Posco and CNGR will own 60% and 40% of the stock, respectively, of the nickel processing factory that will produce nickel sulfate.For the precursor factory, Po

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

LG Display is planning to develop hybrid OLED panel to supply to automobile customers, TheElec has learned.Hybrid OLED panels uses glass substrates and thin-film encapsulation (TFE), technologies that were used mutually exclusively for rigid OLED panels and flexible OLED panels, respectively, in the

Posco Holdings said on Tuesday that it will begin producing lithium hydroxide in South Korea.The new factory will use lithium carbonate extracted from brine in Argentina to produce the material, which is used to make electric vehicle batteries.The factory will be built at Posco’s plant at Youlchon a

Inkjet printing solution firm Enjet’s earnings this year will again be determined by Samsung and Samsung Display.Enjet, which listed on Kosdaq last year, is aiming for an annual revenue of 44.8 billion won and an operating profit of 18.2 billion won, sources said.These goals are higher by 2 times an

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

Aluminum parts maker Almac said on Tuesday it has 1.5 trillion won worth of remaining orders.The orders from automobile and battery companies are enough to provide Almac with revenues up to 2030, Almac Executive Director Junpyo Park told a press conference as the company prepares to list on the Sout

Samsung said Wednesday that it will hold its Galaxy Unpacked event in Seoul, South Korea in late July.The event that will unveil its newest foldable smartphones will be held at COEX and is expected to take place on July 27.It is the first time that Samsung is holding an Unpacked event, where it unve

Japanese tech giant Sony, which is supplying the panel used by Apple for its new mixed reality device Vision Pro, has a capacity of 900,000 units of these panels per year, TheElec has learned.Sony manufactures the OLED on silicon, or OLEDoS, which uses silicon as a substrate to make a high-resolutio