South Korean chip fabless firm LX Semicon has formed a research team dedicated to developing display driver ICs for automobiles, TheElec has learned.The team is within the research team that reports directly to CEO Boik Sohn.The team, called Auto Development Part, will develop display driver ICs for

SFA is aiming to develop a coater used in battery production that is much smaller than conventional versions.SFA CEO Kim Young-min said on Tuesday doing the company’s conference call for the first half of 2022 that the move was part of SFA’s current focus on fostering its battery equipment business.

LG Display CEO said on Wednesday that the company was open to converting its liquid crystal display (LCD) TV production lines in South Korea to those dedicated to OLED.LG Display CEO Jeong Ho-young, speaking at an event hosted by the Korea Display Industry Association, an organization he is currentl

South Korean memory chipmaker SK Hynix said on Tuesday that it has completed the acquisition of Key Foundry.It has named SK Hynix System IC CEO Lee Dong-jae as the new CEO of Key Foundry.Previous Key Foundry CEO Lee Tae-jong will be leaving the company.SK Hynix had signed a deal to buy the entire st

TCL chairman and CEO Li Dongsheng will visit Samsung Electronics during his trip to South Korea later this month where he will also visit South Korean display equipment makers, TheElec has learned.Li is expected to secure from Samsung purchase orders for display panels for CSOT, TCL’s display panel-

TCL chairman and CEO Li Dongsheng will visit South Korea near the end of the month to meet local display panel production equipment makers, TheElec has learned.His visit to South Korea is scheduled ahead of his trip to Japan where he plans to visit Japanese display panel maker JOLED.Li is expected t

BMW is planning to collaborate with South Korean suppliers in the production of solid-state batteries, TheElec has learned.BMW’s South Korean subsidiary will meet various suppliers in equipment and materials and report back to headquarters in Germany.Those from BMW are planning to meet suppliers in

Wafer dicing saw machine maker SR will focus on expanding its core business going forward, its CEO said.SR CEO Lee Jang-hee said the company was behind in technology and staff to industry leader Disco of Japan.Still, the South Korean company will focus on developing products, reacting to customers a

DI had acquired image processing inspection equipment firm Protech Corporation in March this year, TheElec has learned.The purchase follows the one it made in November when it bought machine vision battery inspection equipment maker Vtensystem for 6 billion won.Protech was founded in 2000 and develo

Secondhand fab equipment seller Surplus Global said on Thursday that it will offer a service for foundry companies to test their new chips.With the service, called R&D Foundry, the company will offer to manufacture 12-inch thin-film test wafers and prototype evaluations for customers.Surplus Global

Nextin CEO said the company was developing a machine to remove static electricity with its recently acquired firm Zisys.Nextin CEO Tae Hoon Park said during an interview with TheElec that this machine will be able to remove static electricity that was irremovable in previous machines during the extr

Chip firm Nemesis said on Monday that it plans to commence preclincal trials for the continuous glucose monitoring (CGM) sensor in September.The sensor will use a needle smaller than 10mm to check the glucose level of patients.This differs from conventional blood glucose monitoring sensors that draw

Chip design house Gaonchips said it plans to focus on developing IPs for automotive and AI chips.Company CEO Jung Kyu-dong said during the company’s press conference ahead of its IPO said demand for design house services from the semiconductor industry was rising as chipmakers are focusing on develo

Extreme ultraviolet (EUV) equipment maker ESOL is reviewing ways to secure an additional 12 billion won in investment, TheElec has learned.Last month, the company offered 68,000 new shares priced at 257,280 won per share to institutional investors for around 17.5 billion won in investment.ESOL is be

Samsung is expected to begin selling OLED TVs with panels provided by LG Display in September, analyst UBI Research said in its forecast on Thursday.UBI Research CEO Choong Hoon Yi said during a conference hosted by the analyst firm in Busan, South Korea that LG Display is expected to manufacture up

Verkor CEO Benoit Lemaignan and executives of the French battery firm will visit South Korea this week to meet with local battery equipment makers, TheElec has learned.The executives will tour facilities of South Korean battery equipment makers to look at equipment and machines that Verkor will inst

Battery equipment maker A-Pro is seeking to secure new customers besides its main customer LG Energy Solution.A-Pro CEO Lim Jong-hyun told TheElec that the company was also seeking to expand sales in the US.The company’s main offering is its charge and discharge equipment that supports degassing and

Nain Tech CEO Park Geun-noh said the company is aiming to increase its annual revenue in 2022 by over 60% compared to a year ago.Park told TheElec during the company's annual shareholders’ meeting on Tuesday that the Covid-19 pandemic had caused its customers to delay spending on facilities and plac

DB HiTek CEO and vice chairman Choi Chang-sik said on Tuesday that the company intends to spend more in 2022 to replace aged 8-inch wafer equipment with new ones.The chip foundry company has been replacing aged 8-inch wafer equipment for the past five years but has so far only managed to replace 30%

Philoptics was testing its OLED fine metal mask (FMM) with a Chinese panel maker, the company’s CEO said.During its annual shareholders’ meeting, Philoptics CEO Han Ki-su said the evaluation process, which started late last year, will take approximately a year to complete.This means Philoptics will