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...

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...

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...

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...

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...