LG Display has decided to stop production of liquid crystal display (LCD) TV panels for the Korean market by next year.The company announced on July 27 that it racked up 5.6 trillion won in sales and 488.3 billion won in operating loss in the second quarter. Its sales descended by 19.5 percent compa
Samsung Display has raised its production yield of quantum dot (QD)-based organic light emitting diode (OLED) displays to 85 percent.Samsung Display president Choi Joo-sun had a meeting with executives and employees at Giheung Campus in Yongin of Gyeonggi Province on July 1. After announcing the com
Asiana Airlines announced on July 4 that it has delivered nine T-50B aircraft of the Black Eagles, a special flight team of the South Korean Air Force, to London of the United Kingdom on three occasions on June 9, 12, and 15.The 9 T-50B aircraft will put up a show in the Southport Air Show and Farnb
The author is an analyst of NH Investment & Securities. He can be reached at minwoo.ju@nhqv.com. -- Ed. While there are concerns about a short-term earnings slump at the OLED division, earnings growth remains stable at the semicon division, and the growth potential of the rechargeable division is ma
China’s BOE benefited from a seven-year legal battle between Samsung Display and LG Display over organic light emitting diode (OLED) panel technology, some analysts say. Many Korean display engineers moved to China’s BOE in the process.On June 23, Nikkei Asia reported that more than 100 Korean engin
Key affiliates of Samsung Group, including Samsung Electronics, Samsung SDI, Samsung SDS and Samsung Electro-Mechanics, have launched a task force focused on electric vehicles (EVs). The task force is reportedly studying EVs from various angles at Samsung Seocho Building in southern Seoul. "It recen
Samsung Display has abandoned its liquid crystal display (LCD) business, but is hesitant to invest in large organic light emitting diode (OLED) TV panels, which are regarded as next-generation displays. This is because Samsung Electronics, which is its biggest client, is showing a lukewarm attitude.
Korea relies on China for seven out of 10 key imported items, which suggests the need for the country to set up an early warning system to detect abnormal supply and demand trends and diversify import sources.The Federation of Korean Industries (FKI) published a report on the status of key materials
Samsung ranked sixth in a survey of the top 100 most reputable brands in the United States for 2022. Among foreign companies included in the list, which was disclosed by Harris Poll, Samsung took up the highest spot.Samsung scored 80.5 to place sixth, up 25 notches from a year ago. Trader Joe, an or
Hyundai Motor Group announced on May 22 that it would invest more than US$10 billion in the United States by 2025 to secure future growth.The group's chairman Chung Eui-sun announced the plan following his meeting with U.S. President Joe Biden in Seoul. “We will strengthen our partnership with U
Research results show that organic light emitting diode (OLED) displays are about 0.05 seconds faster than LCD panels in response speed when playing games, LG Display said at an international seminar in the United States on May 11 (local time).The company tested various genres of games with OLED, LC
LG Display has developed the world’s first large organic light emitting diode (OLED) TV display featuring convex lens technology. The new display is twice as bright as conventional TV displays.The new display is characterized by a fine convex lens array layer inside an OLED panel. The layer is not c
The author is an analyst of NH Investment & Securities. He can be reached at esshim@nhqv.com. -- Ed. H.PIO specializes in health functional food manufacturing and branding. Premium brand Denps is expanding its product portfolio focusing on vitamin products. In addition to its solid main business, co
Lotte Chemical announced on April 27 that it has signed an MOU with Soelect, a lithium metal anode material development startup in the United States, to establish a joint venture (JV) firm.The two companies are planning to build a gigawatt hour (GWh)-class lithium metal anode material production fac
LG Electronics has filed a patent infringement suit against TCL, claiming that the Chinese home appliance maker has infringed on its TV-related standard patents. It said TCL has ignored LG Electronics’ license renewal request for over three years.Prior to this lawsuit, LG Electronics filed a differe
Samsung Display and LG Display are expected to supply most of the organic light emitting diode (OLED) panels for the iPhone 14 smartphone, which is scheduled to be released in the second half of 2022.Samsung Display is expected to exclusively supply OLED panels for the iPhone 14 Pro, according to fo
The Korea display industry has recommended that the Korean government designate next-generation display technologies such as organic light emitting diode (OLED) and quantum dot (QD)-OLED technologies as national strategic technologies. The display industry wants to make leading-edge display technolo
Solar Optics and the Korea Institute of Materials Science have developed a curved photovoltaic power generation system that incorporates optical fibers and solar cells, shows a high power conversion efficiency even without direct sunlight reception, is capable of doubling the average daily duration
Chinese display maker BOE is rapidly penetrating the high-end organic light emitting diode (OLED) panel market. Market research firm Stone Partners said on March 23 that BOE’s flexible OLED shipments are expected to hit 20.2 million units in the first quarter of this year, a 74 percent increase from
The Korea Institute of Science and Technology (KIST) announced on March 20 that its research team led by Dr. Jung Young-do has developed a nanomachine that kills a cancer cell by penetrating a cell membrane by means of a molecular movement such as folding and unfolding in a certain cellular environm