Hanwha Solution is planning to complete the construction of its OLED fine metal mask (FMM) factory being built at Asan within the year.However, the company is yet to secure a customer, sources said.FMM is used to form the red, green and blue subpixels of an OLED panel. Japan’s Dai Nippon Printing is

LG Energy Solution has formed a new team dedicated to developing 4680 batteries, a standard widely used by electric vehicle giant Tesla.The team is called New Form Factor Task and is based at the South Korean company’s plant in Ochang, South Korea.The NFF Task is led by vice president Ryu Deok-hyun

Samsung Electro-Mechanics said on Tuesday that it has developed two new multi-layer ceramic capacitors (MLCC) for automotive applications.The new MLCCs are 250V, 33nF and 100V, 10microF for 125 Celsius, respectively, in specifications.The South Korean component maker said the two new MLCCs had the h

SK Powertech has begun mass production of silicon carbide (SiC) wafers at its new factory in Busan, parent company SK Corporation said on Tuesday.The factory began trial production in March and has turned to mass production with the addition of ion injectors, SK Corporation said.The company is aimin

Battery equipment maker Philenergy is preparing to launch battery equipment aimed at 4680 cylindrical batteries, TheElec has learned.The standard was popularized by Tesla and is being adopted by other automakers BMW, Volvo and Stellantis as well.South Korean battery maker Samsung SDI invested 5 bill

Battery cathode makers are competing to launch a cathode with a single crystal structure first as the technology can increase the performance of electric vehicle batteries substantially.LG Chem, EcoPro BM and L&F are all planning for mass production; LG Chem is planning to launch theirs within the y

Samsung Electro-Mechanics was conducting research into developing and manufacturing oxide solid-state batteries aimed at IT devices, TheElec has learned.Solid-state batteries use solid electrolytes rather than liquid ones in currently commercialized batteries.The electrolyte, which is between the ca

A-Pro said on Monday that it recorded 60.1 billion won in revenue and 8.2 billion won in operating profit.Revenue jumped 195.6% from a year ago while operating profit turned to the black from a year ago.A-Pro currently has over 140 billion won of remaining orders for battery equipment; the company w

FNS Tech said on Wednesday that it will spend 12.7 billion won to build a new production line for cleaners of Gen 8.6 OLED masks.Masks are components used during the deposition and encapsulation process in OLED panel production.It is used in the deposition of red, green and blue organic materials as

Hyundai Motor Group said on Tuesday that it will spend 2 trillion won to build a new electric vehicle factory in South Korea.Construction of the factory to be built at the city of Ulsan will start in the fourth quarter this year with completion expected in 2025.The new factory will use smart systems

BOE chairman Chen Yanshun didn’t make a visit to Samsung, a key customer of the Chinese display panel maker, during his visit to South Korea in April, TheElec has learned.It is extremely rare for a high-level company executive of a component maker to not make a visit to a customer during a foreign t

On March 2, multiple automotive chip companies saw their share price drop on the New York Stock Exchange. STMicroelectronics and Wolfspeed saw their prices drop 2.43% and 6.98%, receptively. The cause was Tesla, which announced on the prior day that it plans to substantially reduce the number of sil

A cloud hangs over the profitability of Gen 8 OLED. This is because Apple’s revenues from MacBooks are dropping, a key product that would use the OLED panels made by display panel maker’s Gen 8 OLED production lines.The iPhone maker’s revenue from MacBooks was US$7.168 billion during its fiscal seco

South Korea has now over 30 million 5G users. According to the Ministry of Science and ICT, the country had 29.6 million users as of March, and given that number of subscribers has increased to around 500,000 per month up to now, it is more than likely that as of early May, there are 30 million user

Samsung has ordered its TV and smartphone businesses to find a solution to improve their earnings, TheElec has learned.Samsung reported 63.75 trillion won in revenue and 640 billion won in operating income for the first quarter, a drop of 18% and 95%, respectively, from the same time period a year a

South Korean chemical firm YCChem is planning to start production thinner and developed used with the metal oxide photoresist for extreme ultraviolet (EUV) process in the second half of the year, TheElec has learned.However, the company didn’t develop the thinner and developer on its own but will ra

Battery equipment maker Avaco is expected to begin supplying its new roll press equipment to LG Energy Solution within the year, TheElec has learned.Roll press equipment is used during the electrode process in battery production to form positive and negative tabs.Avaco’s equipment is used to form th

Samsung is reviewing a plan to launch its new foldable phones two to three weeks earlier than initially planned, TheElec has learned.The tech giant is currently planning to launch Galaxy Z Fold 5 and Galaxy Z Flip 5 smartphones in the second week of August through an Unpacked event.But the company i

Samsung’s chip division posted a loss of 4.58 trillion won during the first quarter, the division’s first loss in 14 years.The South Korean tech company said on Thursday that it posted 63.75 trillion won in revenue and 640 billion won in operating income, a drop of 18.75% and 95.47%, respectively, f

Those in the South Korean display equipment industry told TheElec that they are skeptical of Chinese display panel maker HKC’s plan to invest in OLED display panels.Senior executives of HKC has been paying visits to South Korea for months recently and offering to order equipment to domestic equipmen