South Korean display equipment makers are expected to face a difficult year in terms of earnings in 2022 due to conservative spending expected from global display panel makers.As of November, orders for OLED panel production equipment were lower than it was over the same time period in 2020.Last yea

Executives of France’s Automotive Cell Company (ACC) have met with South Korean kit makers in their recent visit to the country, TheElec has learned.ACC COO Jean-Baptiste Pernot and ACC CTO Philippe Biensan met with their counterparts that work for South Korean companies in the battery supply chain,

Chinese display giant BOE was in the process of converting its three factories __ B7, B11 and B12 __ to manufacture smartphone flexible OLED panels for Apple, analyst firm UBI Research has claimed.Because of this, BOE will likely overtake LG Display as the larger OLED supplier for iPhones by 2023, U

China’s TCL has unveiled a 65-inch 8K resolution OLED panel prototype at its own conference in China on Tuesday.The prototype was developed by its display panel subsidiary CSOT, together with JOLED, and manufactured using the inkjet technology, TCL said at its conference dubbed 2021 TCL Huaxing Glob

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

Chinese battery giant CATL has formed a regional subsidiary in South Korea, TheElec has learned.The regional branch, its fifth outside of China after Japan, Germany, the US and France, has set up its office at Gangnam, Seoul.The subsidiary will have one regional manager and two employees at the star

Qualcomm said on Tuesday that it has appointed Kwon Oh-hyung as its senior vice president and president of APAC.The South Korean national will oversee the entire APAC region outside of China and India, The US chip giant said.Kwon will report to Qualcomm senior vice president of global operations Jim

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

Hyundai Motor Group said on Thursday that it plans to launch a mobility app store dedicated to mobility services such as car sharing, parking, charging and payment.The group has formed a market place and also formed an alliance with partners, Song Chang-hyeon, president of Transportation-as-a-Servic

BOE has started operations of its third flexible OLED line, TheElec has learned.The Chinese display giant’s B12 line at Chongqing, China has started production, people familiar with the matter said.B12 line consists of three stages: the first stage has started production. The second stage will start

Apple and Samsung together controlled 77% of the smartphone market in the US during the third quarter this year, according to analyst firm Counterpoint Research.The iPhone maker had a 42% market share while the South Korean tech giant controlled 35%. This was followed by Motorola’s 8%.Counterpoint R

The US and China's trade row is continuing. Five years have passed since the inauguration of the Trump Administration that started the row but the two superpowers' economic competition isn't relenting even in the Biden era.The US-China trade row will undoubtedly affect South Korea's semiconductor bu

Apple has begun talks with its South Korean panel suppliers on applying OLED panels to its MacBook line, TheElec has learned.The iPhone maker has initially planned to launch its first MacBook with an OLED panel in 2025 but this plan is likely to be postponed, people familiar with the matter said.App

The new CEO of LG Energy Solution has told employees that the company has the capacity to turn its recent crisis into an opportunity.Kwon Young-soo was newly named CEO and vice chairman of LG Energy Solution on Monday.He was previously the vice chairman of LG Corporation, the holding company of the

LG Electronics said on Thursday that it has recorded 18.78 trillion won in revenue and 540.7 billion won in operating profit during the third quarter.Sales is its highest for a quarter ever and an increase of 22% from the same time period in 2020.Operating profit dropped 49.6% year-on-year from its

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

LG Chem said on Wednesday that it plans to form a joint venture with Japan’s Toray to build a battery separator factory in Hungary.The pair have agreed to form LG Toray Hungary Battery Separator Kft, with each owning half of the stakes of the new company.LG Chem will acquire 20% more stake from Tora

LG Chem said on Monday that it has recorded 10.61 trillion won in sales and 726.6 billion won in operating income during the third quarter.This is an increase of 41.4% and a drop of 19.9%, respectively, from a year ago.The drop in profit was caused by the cost of General Motors’ recent additional re

LG Energy Solution has been facing difficulty in applying a new production process at its battery factory at Nanjing, China.The company has effectively given up on applying laser notching to the production line there.It had canceled its contract with DE&T, which supplies the laser notching equipment

The Korea Electrotechnology Research Institute said on Monday that it has transferred its technology on solid-state electrolyte production to Daejoo Electronic Materials.The technology was developed by principal researcher Ha Yoon-cheol is a precipitation method of production of solid-state electrol