2020-05-21

LG to Relocate TV Production Lines from Korea to Indonesia

LG announced that it will move two of the six production lines in the Gumi factory in South Korea to its Indonesia facility in Cibitung in order to increase efficiency and capacity for TV production. LG said it is expanding the TV business with the aim to “diversify its production footprint and step up capacity,” and moving TV production lines from South Korea to Indonesia is one of the strategies. The Korean company plans to turn its Cibitung facility in Indonesia into a new regional hub and expects the transformation to boost the efficiency of LG&rsqu...
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Veeco Instruments Inc., a global leader in advanced semiconductor and compound semiconductor process equipment, today announced wins with Sparrow Quantum (Denmark) and Yeungnam University (South Korea), who have selected Veeco’s Molecula... READ MORE

Cree LED, a Penguin Solutions brand (Nasdaq: PENG), and SANlight GmbH, Schruns, Austria, today announced a partnership under which SANlight will use Cree LED’s J Series® products in its new STIXX-Series luminaires. Developed for appl... READ MORE