The global liquid crystal display (LCD) television market is expected to shrink this year, while the organic light emitting diode (OLED) television market is forecast to show a remarkable growth.According to market research firm WitsView on December 19, the shipments of the global LCD televisions th
Samsung Electronics will introduce HDR10 Plus video content with Amazon. Videos based on HDR10 Plus technology have stronger brightness and contrast, resulting in more natural pictures.Samsung Electronics announced on December 12 that viewers would be able to enjoy premium video content with HDR10 P
Some analysis says that Korea’s future visions for the 4th industry attract to Korea. Chinese investors have strategized to solidify their positions in the global 4.0 Industry by directly investing in Korea's future industries such as the bio, cultural contents, and information technology (IT) indus
Samsung SDI on December 5 that it signed a contract with Tesla to supply cylindrical batteries in its energy storage project in South Australia. The size of the contract is estimated at US$33 million.South Australia, which relies much on alternative energy sources, launched an energy storage project
Panasonic will make a foray into electric vehicle market after Dyson, and Yamada. With electronics makers entering the electric car market, industry experts are turning their eyes to Korean electronics giants such as Samsung Electronics and LG Electronics.According to the Nihon Keizai Shimbun Newspa
SK Innovation Co. will inject 1 trillion won (US$919.12 million) in expansion of the electric vehicle (EV) battery and lithium-ion battery separator (LiBS) sectors.The company announced that it has decided to invest 200 billion won (US$183.82 million) in expanding its LiBS production facilities at t
Global companies are challenging South Korean battery makers that have continued to show a remarkable growth in the global battery market in the past two to three years. New companies are popping up in Europe which has relatively little interest in the electric vehicle (EV) battery manufacturing ind
The National Pension Service (NPS) has invested 220 billion won (US$197.24 million) in an Asian fund raised by Kohlberg Kravis Roberts & Co (KKR), one of the world’s three largest private equity investment firms. KKR raised 10.5 trillion won (US$9.3 billion) under KKR Asian Fund III, the biggest-eve
A global battery war is starting in earnest as the US and Europe made a foray into the electric vehicle battery market which has been shared mainly by Korea, Japan and China.According to industry sources and foreign news media, Northvolt, a new battery manufacturer, recently signed an agreement with
German consumers voted Samsung Electronics “the most reliable company in the world.” The result is deemed to be attributable to Samsung quickly solving the issue of the Galaxy Note 7 catching fire to deepen consumers’ trust in the company, which is now considered to be a blessing in disguise.Samsung
According to market research firm SNE Research, Panasonic reached 4,974.9 MWh in shipments of secondary batteries for use in electric vehicles for the first seven months of this year. Its market share soared to 24.9% based on its product supply to Tesla.Likewise, PEVE and AESC raised their market sh
Samsung Electronics and LG Electronics, which dominate the global TV market as the number one and number two players, are having fiercer competition over leadership in next-generation TVs. Samsung that has a strong confidence in quantum dot TVs, has put its new “QDED” brand front and center. Betting
Samsung SDI announced on September 12 that it exhibited a multifunctional battery pack at this year's Frankfurt Motor Show and the battery pack allows the capacity of an electric vehicle (EV) battery to be freely adjusted. According to the company, the pack allows a premium car to cover a distance o
LG Display proclaimed the “OLED TV Era” in China, a major TV market. The company announced its intention to position itself as an undisputed market leader by expanding its production capacity after providing new TV value through image quality and new design.LG Display held “OLED Partners Day” at the
On September 1, the Chinese government announced a new list of green car subsidy beneficiaries. According to the list, its subsidies are provided for 273 electric vehicle (EV) models manufactured by 95 automakers. None of the models comes with a battery supplied by a South Korean company such as Sam
Chinese, European and Japanese television producers have pushed into the OLED TV market led by LG Electronics, joining the OLED TV forces.In addition to LG Electronics, a total of 13 television manufacturers in China, Japan and Europe have unveiled their premium OLED TV products at the IFA 2016, the
Samsung Electronics exhibits its 88-inch QLED TVs, as well as 55-, 65-, and 75-inch QLED TVs, at this year’s IFA in Berlin. In addition, Samsung Electronics is going to set up an exhibition zone dedicated to HDR10+, which is an improvement on the existing high dynamic range (HDR) imaging technology.
It has been found that LG Display is working on vehicular OLED interior and exterior lights with German automakers such as Mercedes Benz, Audi and Volkswagen and LG Display is expected to supply them with the lights starting from next year.The OLED lights are likely to be produced at LG Display’s P5
According to industry sources on August 24, Sony that will receive a total of 300,000 OLED TV panels from LG Display this year is planning to ask for more than 600,000 panels per year beginning in 2019, twice the volume of this year, in consideration of the production capacities of a new factory in
Haier, a Chinese consumer electronics company, sued Samsung Electronics and LG Electronics for violating antitrust law in the US market.According to foreign news services on August 24, Haier recently filed a lawsuit against Panasonic, Philips, Zenith, Samsung and LG, in the New York court for allege