Samsung Electronics disclosed its business vision at the Samsung Electronics 2018 Investors Forum held in Singapore on June 4. A webcast provided live coverage of the session.In the forum, Samsung Electronics introduced its strategies for three growth engine sectors – the foundry business, automotiv
Hanwha Total Petrochemical has further increased its competitiveness by entering commercial production of high purity normal heptane, a high-value-added petrochemical product. The commercial production of the product is expected to boost the company's annual sales by more than 20 billion won.Han
Korean companies have already lost the top position in the world LCD industry to their Chinese rivals. Chinese state-run display maker BOE ranked first in the world by shipping 12.5 million LCD panels in the first quarter of this year. Last year, BOE took up 21% of the global market, outclassing LG
Display panel and TV manufacturers are paying attention to the development of mini LEDs, which, in their view, are sufficiently competitive in terms of price and performance compared with OLEDs, market research firm WitsView reports.Mini LEDs have a chip size of 100 to 200 micrometers, bigger than m
Smartphone producers are beginning to use liquid crystal displays (LCDs) for their products again.Currently, the smartphone industry adopts organic light emitting diodes (OLEDs) which flaunt the clearest picture, but their high prices force smartphone makers to begin adopting LCDs again.Manufacturer
Analysis says that sluggish sales of the iPhone X have been slowing down the market for AMOLEDs for smartphones. It seems that in order to lower the retail price of the iPhone X, Apple changed the ratio of AMOLED- and LTPS LCE-based models this year."This year's flexible AMOLED panel shipments w
Samsung Advanced Institute of Technology (SAIT) announced on March 25 that it has carried out a joint study with a research team led by Yoo Young-min of the Department of Advanced Materials Engineering at Ewha Womans University and has become the first that proved the mechanism of deterioration that
China’s display producers, such as BOE, China Star and EverDisplay, made an 18 trillion won (US$16.79 billion) investment this year alone to build facilities with a monthly production capacity of 130,000 small and mid-size organic light emitting diodes.Considering the fact that Samsung Display, the
Mercedes-Benz will roll out cars loaded with OLED panels of LG Display starting in 2020. LG Display OLEDs will be widely installed in Mercedes-Benz cars from dashboards to and rear-seat monitors. LG Display is known to supply automotive OLEDs to Toyota, Volkswagen and General Motors in addition to M
According to the Ministry of Trade, Industry and Energy and the Ministry of Science and ICT, in February, Korea’s ICT exports amounted to US$15.73 billion, its ICT imports amounted to US$7.81 billion, and its ICT trade surplus was US$7.92 billion.ICT exports in February increased 12.0 percent from t
Samsung Electronics has decided to review the OLED TV business from scratch. This means that the OLED TV business which has been discontinued will be restarted. The decision was made under an instruction of vice chairman Lee Jae-yong of Samsung Electronics. OLED panels are different from LCD panels
In its earnings conference call on January 31, Samsung Display announced that the company’s earnings improved in the fourth quarter of last year as the company started supplying smartphone panels to major customers. Here, the major customers mean Apple and smartphone panels are organic light emittin
LG Display will supply flexible organic light emitting diodes (OLEDs) to Sony. They broadened the scope of cooperation from large OLED TVs to smartphones.According to the display industry on January 28, LG Display will reportedly supply flexible OLEDs to Sony. "We know that Sony is working with flex
According to industry sources on January 22, competition will intensify as display makers enter the small and mid-sized OLED market that Samsung Display has dominated with a 98.5% market share.It was reported that LG Display would start supplying OLED panels to Apple as early as the second half of t
Last year, foreign direct investment (FDI) in Korea hit an all-time high of US$22.94 billion. The FDI exceeded US$20 billion for the third consecutive year.The Ministry of Trade, Industry and Energy (MOCIE) said on January 3 that foreign direct investment (FDI) in Korea ran to US$22.94 billion last
LG Display announced, on January 1, the world's first 88-inch organic light emitting diode (OLED) display panel with 8K picture quality four times brighter than ultra-high definition (UHD) display panels currently available.The product has 33 million pixels (7680 × 4320 pixels), 16 times the resolut
Next year, Samsung Display will supply flexible organic light emitting diode (OLED) panels for the iPhone, which will be up to four times more than this year to Apple.According to the display industry on December 19, Samsung Display has set the number of flexible OLEDs for iPhone to supply to Apple
According to UBI Research’s recent report on December 13, flexible and rigid OLED shipments are estimated to reach 480 million and 409 million units in 2019, respectively. In addition, flexible OLED shipments are estimated to reach 1.285 billion units and flexible OLED sales are estimated to reach U
It is worth noting that the Korean automobile, organic light emitting diode (OLED), and semiconductor industries leading the Korean economy can face a crisis due to China's quantitative and qualitative growth. This is because Chinese companies are expected to strengthen their competitiveness in earn
Analysis says that China is investing heavily to follow its organic light emitting diode (OLED) industry to catch up with Korea but analysts say that it will be not so easy for Chinese companies to overtake Korean companies.According to market researcher IHS Markit on December 3, the world’s capacit