SK IE Technology was aiming to list on KOSPI in May, TheElec has learned.The material-making subsidiary of SK Innovation will likely list on the second week of May.It is aiming to pass the preliminary review this month.Company affiliate SK Bioscience is aiming to list on KOSPI on March 18.SK IE Tech

Battery equipment manufacturer CIS said on Thursday that it will be expanding its production facilities.The company will expand its first factory at its headquarters by 60% __ or an additional 1,800 meter-square. The plan was approved in a board meeting on March 3.CIS saw a huge jump in orders last

South Korean battery manufacturers are expanding their facilities in Europe as local automobile makers accelerating the launch of new electric vehicles.LG Energy Solution is placing orders for equipment to install on its third factory in Poland. The third factory will be built on land previously own

Hyundai Motor and LG Energy Resolution has reached an agreement on how to burden the cost for the recall of Kona EV, following a string of fire involving the car model.The pair announced on Thursday that they have reflected the cost to their earnings in 2020.Hyundai’s operating income for the whole

A new academic paper shown at SPIE (Society of Photo-Optical Instrumentation Engineers) Advanced Lithography event sheds light on the performance of Nextin’s upcoming 3D wafer pattern inspection equipment Iris.The paper, called Comparative near infrared through-focus scanning optical microscopy for

PNT has supplied its new battery assembly equipment to Samsung SDI’s factory in Goed, Hungary, TheElec has learned.The equipment will be used to manufacture Samsung’s Gen 5 battery, which increased the energy density by over 20% to its predecessor.PNT has supplied notching equipment used to notch th

APS Materials and Poongwon Precision has been chosen to lead a government-backed project to develop fine metal mask (FMM).The companies beat Philoptics and Olum Materials to be chosen to lead the project given by South Korea’s Ministry of Trade, Industry and Energy. APS will lead the development of

Semiconductor testing solution company TSE said on Wednesday that it is supplying die carrier socket for high-bandwidth memory (HBM) testing to a global memory manufacturer.HBM are mostly supplied in die form, instead of in a molding package. The last testing on the good was using a probe card on th

Hyundai Motor has delayed turning its recall plan for Kona EV to authorities in light of recent fires.Hyundai didn’t mention the reasoning behind its decision to delay turning in the plan to South Korea’s Ministry of Land, Infrastructure and Transport People familiar with the matter said the delay i

Horiba Stec Korea said on Wednesday that it will start manufacturing pressure insensitive mass flow module (MFC) in South Korea in June.The company, part of Japan’s Horiba Group, said the decision to begin manufacturing D500 series was to participate in South Korea’s move to strengthen its semicondu

LG Energy Solution stressed that SK Innovation must publicly admit that it stole trade secrets for a settlement to happen in the pair’s legal dispute.Last week, the US International Trade Commission, in it determination, favored LG over SK in the two companies dispute over trade secret leak. LG had

The US International Trade Commission (ITC) on Wednesday ruled in favor of LG Energy Solution against SK Innovation, in the pair’s lawsuit over trade secrets.SK Innovation was issued a 10-year import ban on its batteries. However, its supplies to Ford and Volkswagen were suspended by four years and

Applied Materials CEO Gary Dickerson warned of the impact of artificial intelligence (AI) to the environment at his keynote speech during Semicon Korea on Friday.Dickerson said if AI data centers are built with the current technology, data centers will be consuming 15% of global power by 2025.This c

SK Hynix has vowed to provide employees with stock ownership plan and improvement in its profit sharing plan on Thursday amid backlash by employees from low bonuses.The company has reached an agreement with labor union. SK Hynix offered three proposition and the union agreed. The three were: to use

Samsung Electronics was considering Austin, Texas, for a new US$17 billion chip plant, according to a report by Reuters.The South Korean tech giant is seeking tax abatement of US$805.5 million over 20 years from Travis County and the city of Austin, documents seen by Reuters showed.The documents say

South Korean battery cathode maker EcoPro BM plans to spend 240 billion won in capital expenditure this year, a rise of 20% from 2020.The company is also expecting sales to increase by 40% this year compared to last year’s 855.2 billion won, it said at its fourth quarter conference call on Wednesday

SK Hynix said on Wednesday that the company’s ultimate aim for its semiconductor fabs are to make them fully autonomous.Company manager Jeong Yu-in said its 300mm wafer fab were currently Level 3 to 4 in autonomy. SK Hynix will need to collaborate with the equipment industry and academia to get clos

Schneider Electric expects demand for industrial PC in Asia Pacific region such as South Korea and Taiwan to grow steeply going forward.The high up-cycle for semiconductors from 5G and artificial intelligence demand will allow for this large growth, the company said at an online press event in South

Samsung SDI was considering applying autonomous guided vehicles (AGV) in its battery production lines to carry battery materials, TheElec has learned.The goal is to have the AGVs replace operators and make the lines semi-autonomous.Battery production lines currently have little autonomous functions.

SK Hynix said Monday that it has completed the construction of its M16 fab, which will produce next-generation DRAM using extreme ultraviolet (EUV) process.The fab will begin producing Gen 4 10-nm (1a) DRAM in the second half of 2021, the company said.Construction for the factory began in November 2