LG Display said on Wednesday that its 65-inch rollable OLED TV won the Display of the Year award given by the Society of Information Display (SID).It is the top award given by SID, the world’s foremost academic society in the display industry. SID is holding its annual conference this year online fr

LG Display is planning to expand the production capacity of its TV OLED panel factory in Guangzhou, China, TheElec has learned.The factory, which makes panels based on 8.5th-generaetion (2200x2500mm) substrates, currently has a capacity of 60,000 substrates per month.This will be expanded to 90,000

Seoul Semiconductor said on Tuesday that it has recorded 310.4 billion won in sales and 20.5 billion won in operating income in the first quarter of 2021.Sales increased 27.6% year-on-year, while operating income jumped 243.4% over the same time period.Seoul Semiconductor said it saw improved perfor

LG Electronics said on Thursday that it has posted 18.8 trillion won in revenue and 1.516 trillion won in operating income in the first quarter.Revenue jumped 27.7% and operating income 39.1% from a year ago.Both revenue and operating income was the company’s highest quarterly result ever.LG said st

Samsung Electronics marked 65.39 trillion won in revenue and 9.38 trillion won in operating profit in the first quarter this year.Revenue was the highest ever for a first quarter, Samsung said. Operating income rose 45% year-on-year.The South Korean tech conglomerate saw its mobile and consumer elec

LG Display said on Wednesday that it has recorded 6.88 trillion won in sales and 523 billion won in operating income in the first quarter.Sales increased 46% from the a year prior. However, sales dropped 8% and operating income 24% from the previous quarter.The firm beat South Korean analysts’ conse

Samsung SDI said on Tuesday that it has recorded 2.96 trillion won in sales and 133.2 billion won in operating income in the first quarter. It is a rise of 23.6% and 146.7%, respectively, from a year ago.Its energy business recorded 2.38 trillion won in sales, an increase of 32.9% from 2020. But sal

An executive at LG Display has received the top science honor given by the South Korean government.Oh Chang-ho, executive vice president and head of TV business at LG Display, has won the Order of Science and Technology Merit for his contribution to the country’s display industry. The Order is the t

Seoul Semiconductor has entered Samsung Electronics’ supply chain for MiniLED, TheElec has learned.The volume is yet small, but could lead to bigger collaboration between the pair in MiniLED and MicroLED in the future.Seoul Semiconductor has supplied its MiniLED to Samsung for use in Neo QLED TVs, w

Major display panel companies in South Korea and China are expected to see improved earnings in the first quarter.South Korean analysts expect Samsung Display and LG Display to see significant improvement in their performances for the quarter compared to a year prior.LG Display is expected record sa

DB HiTek is planning to expand its image sensor foundry business.The company said on Friday that it has developed global shutter and single-photon avalanche diode (SPAD) processes based on its 110-nanometer (nm) platform.The South Korean foundry will begin multi-wafer project program for fabless cus

Whether Samsung Display will commence its second stage spending on its quantum dot (QD)-OLED display panel this year as planned will be determined by the yield rate of its Q1 production line, according to market research firm Omdia.The company had planned to commence its second stage spending near t

South Korean fabless firm Pixelplus will begin selling its facial recognition image sensor in China this year, TheElec has learned.The company is attempting to diversify its revenue steram and reduce its reliance on biometric recognition solution for CCTVs and automobiles.Facial recognition systems

LG Electronics said on Wednesday that it is expecting sales of 18.8 trillion won and operating income of 1.51 trillion won in the first quarter.This is an increase of 27.7% and 39.2%, respectively, from the same time period in 2020.They are the highest figures from the company for the first quarter

Samsung Electronics has recorded operating income in the first quarter that beat market expectations.The South Korean tech giant said on Wednesday that it expects sales of 65 trillion won and operating income of 9.3 trillion won in the first quarter.This will be an increase of 17.48% and 44.19%, res

The OLED materials market will grow 40% this year to be worth US$1.754 billion in 2021, according to market research firm Omdia.This is substantially higher than the 16% growth rate in 2020.Omdia’s data combines materials used for white OLED made by LG Display, quantum dot (QD)-OLED made by Samsung

LG Electronics is ending its smartphone operation after 23 consecutive quarters of loss.The company said on Monday that it held a board meeting and decided to end its mobile business unit by July 31.The Korean firm said it decided to exit the mobile phone sector to focus its resources in growth area

The top 40 semiconductor and display equipment companies in South Korea saw their operating income and sales increase substantially in 2020.The companies combined recorded 12.72 trillion won in sales and 1.22 trillion won in operating income, an increase of 25.8% and 66.5%, respectively, from 2019,

LG Display said on Wednesday that its OLED TV panel has received the Discomfort Glare Free approval from Underwriters Laboratories (UL).UL used CIE’s Unified Glare Rating for its test. UGR must be 22 points or below from the TV panel at light settings between 70lx to 300lx for approval.All of LG Dis

Samsung Display is planning to produce a prototype of a TV that uses its quantum dot organic light emitting diode (QD-OLED) panel in June, TheElec has learned.The company is also planning to produce a QD-OLED monitor prototype as well. These prototypes will be sent to potential customers such as Sam