An increasing number of automakers are working on electric vehicle (EV) batteries on their own. However, such batteries require a lot of time and investment and cannot be easily developed and, as such, experts say that some of their efforts will be unsuccessful.Tesla recently acquired Hibar Systems,
China's Contemporary Amperex Technology Co. (CATL), which has emerged as the world leader in electric vehicle (EV) batteries by overtaking Japan’s Panasonic, is establishing a new battery production base.CATL announced that it would set up an EV battery production base in Yibin City, Sichuan Pro
As the global electric vehicle (EV) battery market continues to grow rapidly, competition is intensifying among EV battery companies to secure excellent human resources.Battery makers in China and Europe are scrambling to attract talented EV battery engineers from Korean companies, raising concerns
Korean, Chinese, and Japanese companies participating in the IFA 2019 in Berlin showcased their new products to attract European consumers. In particular, they drew much attention from visitors with innovative technologies in such fields as 8K TV, 5G, artificial intelligence (AI), and the Internet o
SK Telecom will partner with Samsung Electronics to develop and commercialize the world's first 5G-based 8K TV services. 8K ultra-high definition (UHD) has the horizontal resolution of 7680 pixels and the vertical resolution of 4320 pixels, four times as many pixels as 4K UHD.SK Telecom plans to
Samsung Electronics announced on Sep. 1 that it has prepared the performance standards and specifications for 8K TVs on behalf of the 8K Association.8K TVs are ultra-high definition televisions that can achieve the highest resolution of about 8,000 pixels. The 8K Association is a global non-profit o
Tesla will install LG Chem's battery in electric cars produced in its factory in Shanghai, China, industry sources said on Aug. 28.Tesla is building Giga Factory 3 in Shanghai with about 50 billion yuan and is in the final stage of placing production facilities and equipment. LG Chem's batte
SK Innovation is planning to file countersuits against LG Chem and LG Chem Michigan with the United States International Trade Commission (USITC) and the United States District Court for the District of Delaware and file a countersuit against LG Electronics with the United States District Court for
Based on QLED and 8K TVs, Samsung Electronics Co. maintained the number one spot in the global TV market in the second quarter of this year.The South Korean electronics giant recorded a 31.5 percent share of the global TV market in terms of sales in the second quarter, according to market research f
Samsung Electronics Co. and LG Electronics Inc. have solidified their lead in the global ultra large television market with screens of more than 70 inches. In this growing market, China has taken second place, beating out Japan.South Korean companies sold a total of 499,700 units in the ultra large
Samsung Electronics and LG Electronics are among the top 10 companies in patent registrations in the United States.Samsung registered 5,836 patents in the United States in 2018, a 0.4 percent increase from a year ago, according to the 2018 top 300 companies and institutions in patent registrations i
The Japanese government announced on July 1 that it would start to restrict the export of semiconductor and display materials to South Korea from July 4, causing many South Korean companies to be nervous.“Japanese companies now must obtain a permission from the Japanese government to export resist,
The TV war between Samsung Electronics and LG Electronics is shifting from QLED TVs versus OLED TVs to 8K TVs versus OLED TVs. Samsung Electronics, which launched the industry’s first 8K TVs last year, has been stepping up its efforts to dominate the world 8K TV market.8K TVs can achieve a resolutio
A forecast on the 8K TV market led by Korean TV makers such as Samsung Electronics and LG Electronics has been lowered for the third time this year. The 8K TV sales forecast for this year were less than half of last year’s and dropped by one-quarter from a year ago.In the meantime, the ongoing econo
Samsung Electronics vice chairman Lee Jae-yong flew to Japan on July 7 to deal with Japan’s display and semiconductor material export restrictions. The next day, he discussed the issue with a number of local entrepreneurs, expressing concerns that the restrictions may negatively affect Samsung Elect
The Yomiuri Shimbun reported on July 3 that a number of Japanese companies are expressing concerns that the Japanese government’s export restrictions against South Korea would negatively affect themselves and the overall economic ties between the two countries. Some Japanese experts are pointing out
The Japanese government announced on July 1 that it would restrict the export of semiconductor and display materials to South Korea, causing many South Korean companies to be nervous. “Japanese companies now must obtain a permission from the Japanese government to export resist, etching gas and hydr
Samsung Electronics is focusing on the premium TV market in India, while LG Electronics is eyeing the Japanese market where few foreign TV brands have survived.Samsung Electronics announced on June 5 that it launched the 2019 edition of its QLED 8K TV in India on June 4 (local time). The company rel
Market research firm SNE Research announced on June 5 that CATL accounted for 25.1 percent of the global electric vehicle (EV) battery use for the first four months of this year, followed by Panasonic (21.5 percent), BYD (16.3 percent), and LG Chem (10.4 percent). Samsung SDI came in sixth with 3 pe
Samsung Electronics' quantum dot light-emitting diode (QLED) TV sales have exceeded those of top five organic light emitting diode (OLED) TV manufacturers for three consecutive quarters.Samsung's QLED TV sales totaled 896,400 units in the first quarter of this year, dwarfing the combined sal