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As per Yonhap, on July 15, South Korea’s Ministry of Trade, Industry and Energy announced a plan to invest 484 billion KRW (approximately USD 350 million) by 2032 to develop iLED (Inorganic Light-Emitting Diode) display technology, which includes Micro LED, QD LED, and nano LED. The South Korea...
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Lucid Group, Inc., maker of the world's most advanced electric vehicles, today announced a major update to its DreamDrive® Pro suite of Advanced Driver Assistance Systems (ADAS) to deliver Hands-Free Drive Assist and Hands-Free Lane Change Assist1 to its award-winning lineup of electric vehicles. T...
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On July 5, MLS announced in an external investment notice that its German subsidiary, LEDVANCE GmbH, plans to acquire a stake of 18.7722% in Bridgelux (Xiamen) Co., Ltd. (hereinafter referred to as "Bridgelux") for approximately CNY 256 million from Epistar, using either its own funds or self-raised...
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As Samsung launches its latest foldables — the Galaxy Z Flip7 and Z Fold7— eyes are now turning to Apple’s first foldable iPhone. Samsung Display has reportedly secured a multi-year exclusive deal to supply foldable OLED panels for the device, set to debut in 2026, according to ETNews. The...
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On June 11, global automotive parts giant Marelli Group announced in an announcement that it had initiated U.S. Chapter 11 proceedings to strengthen financial position and facilitate a value-maximizing restructuring. According to the announcement, Marelli had reached a Restructuring Support Agree...