Normal view

Leaked Internal Documents Point to Possible $42 Million USD Corrupt Deal Inside Ecopetrol

22 March 2026 at 20:20

Ricardo Roa was appointed CEO of Ecopetrol after serving as Colombian President Gustavo Petro’s campaign manager. The Presidential campaign is also under investigation for campaign finance violations.

The controversy surrounding the filing of charges against Ricardo Roa Barragán, president of Colombia´s oil and energy company, Ecopetrol, has taken a new turn following the leak of an internal report suggesting that more than $42 million USD may have been transferred to a private company based in the British Virgin Islands.

According to disclosed information, “the media outlet 6AM W obtained documents showing the link between the USD 42 million payment made by Ecopetrol and a company connected to Serafino Iácono,” as stated by the outlet itself.

It is important to recall that on March 11, Colombia’s Attorney General’s Office (Fiscalía General de la Nación – FGN) formally charged Ricardo Roa Barragán with the alleged crime of influence peddling by a public official. According to the accusation, the executive allegedly intervened to favor a third party (Serafino Iácono) in the assignment of a gasification project in exchange for personal benefits. The FGN stated that Roa “ordered that a specific person be assigned to a gasification project in exchange for a reduction in the price of an apartment” located in northern Bogotá. During the hearing, the executive did not accept the charges.

Regarding the leaked documents, 6AM W reports that the published material “is a memorandum produced following a communication between the lawyers of Miller & Chevallier, hired by Ecopetrol, and Charles Cain, head of the Anti-Corruption Unit for Foreign Operators at the US Securities Exchange Commission (SEC).” This suggests that the document is an internal Ecopetrol report produced in 2024.

Additionally, the report includes references to an “audit commissioned by Ecopetrol to Control Risks, which identifies Iácono as a possible beneficiary of the alleged irregular payment of $42 million USD made through a purchase option” of power generation plants linked to the company Genser, associated with the businessman.

The leaked documents can be accessed through the Caracol Radio website via “Las contradicciones de Ecopetrol y Serafino Iácono en el caso del apartamento de Roa y Termomorichal.”

For his part, Serafino Iácono issued a statement, published by La República via the social network X, in which he affirms that since April 7, 2017, he has had no relationship with the company and that the transaction in question took place in 2023, after his departure.

At this stage, although the information has been reported by the media, judicial decisions remain under the authority of Colombia’s Attorney General’s Office, which is leading the proceedings against Ricardo Roa. Iacono said that he would be filing suit against Control Risks, and hired well-known Colombian lawyer Jaime Lombana Villalba to begin the process.

For further context, readers are encouraged to consult the article “Colombia’s Top Prosecutor Charges Ecopetrol President in Alleged Influence-peddling Case,” published by Finance Colombia.

Beyond the communications previously issued and reported by Finance Colombia in the aforementioned article, no new official statements have been released by Ecopetrol’s board of directors since March 12, prior to the information leak. Finance Colombia has reached out to Iacono for comment and will report any additional information.

US DEA Launches Probe of Colombian President Gustavo Petro For Alleged Cartel Ties

21 March 2026 at 15:43

The investigation into Colombia’s President comes on the heels of Petro’s visit to Washington & meeting with Trump.

The Drug Enforcement Administration (DEA) has designated Colombian President Gustavo Petro as a priority target as federal prosecutors in New York investigate potential connections to narcotics trafficking organizations. Records indicate that the US Department of Justice is reviewing multiple inquiries dating back to 2022, primarily supported by information from confidential informants.

The investigations involve allegations regarding interactions with the Sinaloa cartel and the possible use of the Paz Total policy to benefit specific traffickers who reportedly contributed to the 2022 presidential campaign. Documents also mention the potential use of law enforcement assets to facilitate the transport of cocaine and fentanyl through maritime terminals. The priority target designation is applied to individuals whom the DEA identifies as having a significant influence on international narcotics distribution.

President Petro has denied any involvement with criminal organizations or the acceptance of illicit funds for his political activities. In a statement released on social media, he suggested that legal proceedings in the US would eventually disprove allegations originating from political opponents. The Embassy of Colombia in Washington stated that the reports are based on unverified and anonymous sources.

“The reported insinuations have no legal or factual basis,” stated the Embassy of Colombia in Washington.

The inquiry has expanded in recent months, with prosecutors in the Eastern and Southern Districts of New York questioning detained individuals about allegations that representatives of the administration solicited bribes in exchange for preventing extradition to the US. It has not been confirmed whether formal charges will be filed against the president, and the White House has stated it has played no role in the independent judicial process.

Portions of the DEA records cite a 2024 interview regarding allegations that former aides and officials from Ecopetrol (NYSE: EC) (BVC: ECOPETROL) were used to launder funds. Ricardo Roa, the president of Ecopetrol, has denied these claims. Simultaneously, the US Department of the Treasury previously sanctioned Petro in late 2025, citing concerns over cocaine production levels, though specific evidence was not made public at that time.

While Petro denies connections to criminal groups, it is important to note that he was a member of the homicidal M-19 guerilla group in Colombia from his teenage years until the group laid down its arms in 1987. Petro served prison time for illegal arms possession due to his activities with the M-19.

Domestic investigations in Colombia are also ongoing regarding the president’s relatives. His son, Nicolas Petro, faced charges in 2023 related to the alleged receipt of funds from a convicted trafficker. Furthermore, the president’s brother, Juan Fernando Petro, has been linked to investigations involving unauthorized negotiations with inmates at the La Picota prison regarding the Paz total framework and extradition protections.

Witnesses currently in US custody who may be relevant to the ongoing probes include former members of the Venezuelan Cartel de Los Soles and various Colombian nationals recently extradited, such as individuals associated with the La Inmaculada organization and the Clan del Golfo (Gulf Clan). Some reports suggest that sums near $500 million COP were discussed in exchange for gestores de paz (“Peace Manager”) status, though these allegations remain under judicial review.

Headline photo: Colombian President Gustavo Petro (photo César Carrión, Presidencia de Colombia)

Colombia’s Top Prosecutor Charges Ecopetrol President in Alleged Influence-Peddling Case

18 March 2026 at 22:07

The charge adds to a separate investigation over alleged violations of campaign finance limits during President Gustavo Petro’s 2022 presidential campaign

Colombia’s Attorney General’s Office (Fiscalía General de la Nación – FGN) charged the president of the country’s state-controlled oil and energy company Ecopetrol (NYSE: EC’, BVC: ECOPETROL), Ricardo Roa Barragán, with the alleged crime of influence peddling by a public official. The charge was formally presented on March 11 during a public hearing.

According to the prosecutors press release, Roa “ordered that a specific person be assigned to a gasification project in exchange for a reduction in the price of an apartment” located in northern Bogotá. The Attorney General’s Office said the alleged intervention was related to the executive’s interest in acquiring the property below market value.

During the hearing, a prosecutor from the Specialized Anti-Corruption Directorate formally presented the charge. However, Roa did not accept the accusation.

The newspaper El Colombiano explained that “the filing of charges is a formal act within the criminal process through which the person under investigation is officially notified of their link to a judicial case and the facts attributed to them. However, this step does not imply a conviction or a final decision and maintains the presumption of innocence that protects the executive.”

After the judicial decision became public, Ecopetrol’s Board of Directors said Roa will remain in his position as president of the company. In a public statement, the company’s highest governing body said it respects “Ricardo Roa’s presumption of innocence and his right to due process.” It also said it will continue acting according to the company’s established protocols for evaluating this type of situation.

Roa pled innocent to the influence trafficking charges.

Context: political, legal, and corporate challenges

Ecopetrol is currently facing several political and economic challenges. These include judicial and disciplinary proceedings involving its president, as well as questions about the company’s institutional and financial stability.

For example, the company’s 2025 annual report sparked public debate after reporting the highest reserve replacement ratio in the last four years (121%). According to the document, “300 million barrels of oil equivalent (BOE) were added, guaranteeing an average reserve life of 7.8 years.”

The report also said, “net proven reserves reached 1.944 billion barrels of oil equivalent.” However, private firms such as the independent investment bank BTG Pactual questioned those figures due to a change in the methodology used to calculate them.

Another point of debate has been the presidency of the Board of Directors, currently headed by Ángela María Robledo Gómez, a psychologist and former member of Colombia’s House of Representatives for Bogotá. Robledo was a member of the Partido Alianza Verde between 2010 and 2018 and later ran as vice presidential candidate alongside Gustavo Petro in the 2018 elections.

Roa’s legal situation is also linked to another investigation related to alleged irregularities in the financing of the Pacto Histórico presidential campaign in 2022, which he managed and which resulted in Petro becoming president.

In February, the Attorney General’s Office said investigators had found evidence suggesting that the campaign exceeded the legal spending limits. A similar case had already been examined by Colombia’s elections regulator Consejo Nacional Electoral, which fined those responsible more than $5 billion Colombian pesos (over $1.4 million USD).

For his part, Colombian President Gustavo Petro has publicly defended Roa. During a public event broadcast by media outlets such as Blue Radio, the president said the accusations are politically motivated. “We did not exceed spending limits; I have reviewed that accounting up and down,” he said. He also argued that the opening of criminal proceedings could be interpreted as an attempt to politically target his government.

Headline photo: Colombian President Gustavo petro (left) with former campaign manager and current Ecopetrol CEO Ricardo Roa (photo courtesy Ecopetrol).

Frontera To Sell Colombian Petroleum E&P Assets To Parex For $750 Million USD

14 March 2026 at 21:48

Frontera must pay a $25 million USD breakup fee to Geopark.

Frontera Energy Corporation (TSX: FEC) has entered into a definitive arrangement agreement to divest its Colombian upstream exploration and production (E&P) portfolio to Parex Resources Inc. (TSX: PXT) for a total firm value of approximately $750 million USD. The transaction follows the termination of a previous agreement with GeoPark Limited (NYSE: GPRK). Frontera opted for the Parex proposal after the Calgary-based independent producer offered $525 million USD in equity consideration, a $125 million USD increase over the prior GeoPark bid. As part of the transition, Frontera has paid a $25 million USD breakup fee to GeoPark.

The $525 million USD equity consideration includes an immediate $500 million USD cash payment upon closing and a $25 million USD contingent payment. The latter is dependent on the execution of a contractual amendment or binding agreement to extend the term of the Quifa Association Contract within 12 months.

Beyond the cash equity, Parex will assume $390 million USD in existing Frontera liabilities. This includes $310 million USD in 2028 Senior Unsecured Notes and an $80 million USD prepayment facility with Chevron Products Company, a subsidiary of Chevron Corporation (NYSE: CVX).

Following the close of the deal, Frontera intends to distribute approximately $470 million USD to its shareholders, which equates to roughly $9.18 CAD per share based on current exchange rates and outstanding share counts. This distribution is subject to shareholder approval and the successful completion of the transaction.

Frontera is retaining its exploration interests in Guyana.

Shift to Infrastructure Focus

Upon completion, Frontera will pivot its corporate strategy to focus exclusively on energy infrastructure. Its remaining portfolio will be anchored by two primary Colombian assets:

The company will also retain its exploration interests in Guyana. Frontera’s infrastructure division generated approximately $77 million USD in distributable cash flow in 2025. Post-transaction, Frontera expects to maintain $50 million USD in cash reserves to fund growth projects, including a potential Liquefied Natural Gas (LNG) regasification project in partnership with Ecopetrol S.A. (NYSE: EC; BVC: ECOPETROL).

Orlando Cabrales, CEO of Frontera, noted that Parex is currently the largest independent operator in Colombia and a pre-existing partner in the VIM-1 block, which suggests operational continuity for the assets and employees involved.

The independent members of Frontera’s Board of Directors have unanimously recommended the deal. Major shareholders The Catalyst Capital Group Inc. and Gramercy Funds Management LLC, who collectively hold approximately 53% of Frontera’s outstanding shares, have signed support agreements to vote in favor of the arrangement.

Timeline and Approvals

The transaction is structured as a plan of arrangement under the Business Corporations Act of British Columbia. It requires the approval of at least two-thirds of the votes cast by Frontera shareholders at a forthcoming special meeting.

The deal is also subject to approval by the Supreme Court of British Columbia and relevant regulatory bodies in both Canada and Colombia. Parex will fund the acquisition through existing cash, credit facilities, and an underwritten financing commitment from Scotiabank (TSX: BNS; NYSE: BNS). Closing is anticipated in the second quarter of 2026.

Citi (NYSE: C) served as the financial advisor to Frontera, while BMO Nesbitt Burns Inc. provided a fairness opinion. Legal counsel was provided by Blake, Cassels & Graydon LLP and McMillan LLP.

Above photo: Frontera Energy’s Quifa field Meta Colombia. Photo credit: Frontera Energy.

Colombian Voters Elect New Congress for 2026-2030 Legislative Term; Party With Largest Senate Block Still Only 26%

9 March 2026 at 22:29

The new members of Congress will take office on July 20, the official start of the new legislative term.

On March 8, Colombia elected the Congress that will exercise legislative authority during the 2026–2030 term. From more than 3,200 candidates, voters chose the 102 senators (upper house) and 182 members of the House of Representatives (lower house) who will make up the country’s legislative branch.

According to preliminary reports from the Registraduría Nacional del Estado Civil (RNEC), with 98.4% of polling stations counted, equivalent to 19,220,365 votes tallied, the new Congress has been defined electorally, however, it should be noted that these seat projections correspond to the official preliminary count, which still must go through several formal procedures before the final results are certified.

How the Senate Race is Shaping Up?

The Pacto Histórico, the party of current President Gustavo Petro, obtained around 22% of the vote (4,402,601), which would allow it to increase its representation from 20 senators in the current legislature to approximately 25 seats in the next term.

In second place is the Centro Democrático, the party of former President Álvaro Uribe, with about 15% of the vote (3,020,459), potentially increasing its representation from 13 to 17 seats.

The Partido Liberal would rank third with 13 seats (2,268,658 votes). It would be followed by the Alianza por Colombia, led by the Green Party, with 10 seats (1,899,096 votes), and the Partido Conservador, also with 10 seats (1,859,493 votes).

Other wins in the Senate include Party of La U (9 seats), Cambio Radical (7), the Ahora Colombia coalition (5), which backs presidential candidate Sergio Fajardo, and Salvación Nacional (4), the movement of presidential candidate Abelardo de la Espriella. The two remaining seats correspond to the special indigenous constituency.

In terms of losses in representation, the Partido Conservador would be the most affected, losing five of its current 15 seats. Cambio Radical would lose four, the Greens three, La U two, while Liberals and Ahora Colombia would each lose one seat.

Among the prominent figures who would be left out of the new Senate is former President Álvaro Uribe, who occupied position number 25 on his party’s list and would not obtain a seat if the Centro Democrático secures only 17 seats. Green Party senator Angélica Lozano, known for promoting legislation related to transparency, would also lose her seat.

Likewise, movements such as the coalition that supported Juan Daniel Oviedo and the Partido Oxígeno, led by former presidential candidate Ingrid Betancourt, who was kidnapped for years by the now-defunct FARC guerrilla group, would fail to surpass the minimum threshold required to obtain Senate representation (3% of the total vote).

On the other hand, the performance of the Salvación Nacional movement, led by presidential candidate Abelardo de la Espriella, stands out. In its first participation in a congressional election, the party would surpass the electoral threshold and secure four senators.

What About the House of Representatives?

The allocation of seats in the House of Representatives follows a different process from that of the Senate, making it difficult to project the final distribution in the early stages of the vote count.

This is because the calculation is conducted department by department, once the RNEC determines the seat allocation formula and electoral quotient in each of the 32 States and the Capital District of Bogotá.

According to report number 45 from the RNEC, with 99.03% of votes counted, the main parties have obtained the following preliminary nationwide results:

  • Centro Democrático: 2,551,706 votes.
  • Partido Liberal: 2,101,877 votes.
  • Partido Conservador: 1,967,996 votes.
  • La U: 1,044,778 votes.
  • Pacto Histórico: 913,990 votes.
  • Cambio Radical: 803,721 votes.
  • Alianza Verde: 654,071 votes.
  • Salvación Nacional: 436,365 votes.

Because the House of Representatives elections involve parties, movements, and coalitions with strong local and regional influence, several smaller political organizations are expected to win seats, as they must surpass regional thresholds rather than a national one.

The Highlight: a Fragmented Congress that Will Require Coalitions

With the preliminary distribution of seats in both the Senate and the House of Representatives, projections suggest that Colombia’s next president will need to govern through legislative coalitions, as has occurred under President Gustavo Petro and his predecessors.

Presidential candidates Iván Cepeda, of the Pacto Histórico, and Paloma Valencia, of the Centro Democrático, would begin the next political phase with the largest congressional blocs, although neither would have enough seats to govern alone.

Traditional parties such as the Liberal, Conservador, Cambio Radical, and La U, which together could account for more than 40% of the new congress, have not yet decided which presidential candidate they will support, a situation similar to what occurred in the previous election. These parties could therefore become kingmakers, capable of facilitating, or blocking, governability depending on the alliances and coalitions they choose to form.

For that reason, the coming weeks are expected to be marked by intense political negotiations, as presidential contenders attempt to build alliances that would allow them to secure legislative support.

For candidates such as Sergio Fajardo, whose Ahora Colombia coalition would obtain only five senators, or Abelardo de la Espriella, whose Salvación Nacional movement would have four, the challenge will be significantly greater.

Above photo: Polling station during Colombia’s congressional elections. Photo courtesy of the Registraduría Nacional del Estado Civil.

Defrocked Colombian Supreme Court Justice Sentenced to Over 10 Years Prison in Corruption Case

4 March 2026 at 00:56

The sentence is the latest in the “Cartel of the Toga” judicial corruption scandal that has rocked the Colombian justice system over the past several years.

José Leonidas Bustos Martínez, a former Justice of the Sala Penal of the Corte Suprema de Justicia, was sentenced to 10 years and three months in prison for his role in the so-called “Cartel de la Toga,” a corruption network made up of judicial officials who received payments in exchange for influencing court decisions in favor of political leaders.

The Sala Especial de Primera Instancia issued ruling SEP 013 on February 20, 2026, finding Bustos Martínez guilty of criminal conspiracy. In addition to the prison sentence, the Court barred him from holding public office for the same period and imposed a fine of approximately $36,200 USD.

José Leonidas Bustos Martinez was a leader of the “Cartel of the Toga” that sold justice to the highest bribe.

The former justice, who twice served as President of the Supreme Court, was acquitted of a separate charge of abuse of public office related to influence peddling.

The ruling states that no alternative sentencing measures, such as suspended sentence or house arrest, will be granted, meaning Bustos Martínez must serve his sentence in a Colombian correctional facility to be designated by the Instituto Nacional Penitenciario y Carcelario (INPEC).

The Court also ordered the issuance of an arrest warrant and requested an Interpol Red Notice, as Bustos Martínez has resided in Canada since 2019.

According to the Comisión de la Verdad de Colombia (Truth Commission), the so-called “Cartel de la Toga” was a corruption scheme operating since 2010 through which “Colombia’s justice system was infiltrated through the purchase of judicial rulings.” The Commission stated that “officials involved diverted investigations, delayed proceedings, misused privileged information, altered evidence and discredited witnesses in order to favor those who paid for judicial decisions that appeared lawful.”

Investigations lead by the Commission determined that the scheme sought to illegally interfere in cases against high-level political leaders in exchange for substantial sums of money, including obstructing arrest warrants and preventing pretrial detention measures.

Bustos Martinez’s conviction adds to more than 50 arrests and extraditions related to the case since 2017, including sentences against former judicial officials, former members of Congress, former mayors and former governors from various regions of Colombia.

Headline photo:In 2008 then President Álvaro Uribe swore in José Leonidas Bustos Martínez as magistrate of the Criminal Cassation (Appeals) Chamber of the Supreme Court of Justice, during a ceremony held Tuesday, April 1st, in the Gobelinos Hall of the presidential palace (photo: Presidential Archives of Colombia)

Apple Hoping to Outdo Rivals With Tougher Display for Foldable iPhone

Apple is reportedly evaluating a tougher display film technology for its first foldable iPhone as it tests materials that could differentiate the durability and feel of the screen from rival devices.


According to a new supply chain report from The Elec, Apple is evaluating transparent polyimide film as a protective layer that would sit on top of the ultra-thin glass used in the foldable display. The report says the company is currently testing two options for this outer film: polyethylene terephthalate (PET) and clear polyimide (CPI).

Most of today's foldable displays use ultra-thin glass to improve clarity and rigidity, but the glass still requires a flexible polymer film on top to prevent scratches and damage. This is the layer that users actually touch, making it a key factor in overall durability and feel.

Samsung currently uses PET film as the protective layer on top of the ultra-thin glass in its Galaxy Z Fold and Galaxy Z Flip devices. The Elec says Apple's evaluation of CPI is rooted in a wish to differentiate its approach. CPI is more expensive than PET, but has better surface hardness and scratch resistance.

Kolon Industry has apparently emerged as a potential supplier of the material. The company previously built a mass production line for CPI film after anticipating strong demand from upcoming foldable devices. China-based Lens Technology is expected to supply the ultra-thin glass for the foldable ‌iPhone‌ and will handle bonding the final protective film to the glass.

The final decision on the protective film is expected to be made soon as Apple continues testing remaining components of the first foldable ‌‌iPhone‌‌. Other rumors suggest that the device will feature a 7.8-inch crease-free inner display, a 5.5-inch cover display, ‌Touch ID‌, two rear cameras, the A20 chip, and the "C2" modem. It is expected to launch alongside the iPhone 18 Pro and ‌‌iPhone 18‌‌ Pro Max later this year.
This article, "Apple Hoping to Outdo Rivals With Tougher Display for Foldable iPhone" first appeared on MacRumors.com

Discuss this article in our forums

Report: OLED MacBook Pro to Launch This Year

Apple's first MacBook Pro models with OLED displays will launch in the fourth quarter of 2026, according to Korea's The Elec.


Samsung Display will reportedly begin mass production of eighth-generation OLED displays for the device in May. Samsung is planing to ship two million of these displays to Apple by the end of the year. The panel will be sent to Foxconn from the third quarter of 2026 for assembly into the final machines.

Some components for the device are said to still be in development, since Apple has been changing the design of some parts to reduce manufacturing costs. China's BOE is also hoping to supply Apple with OLED displays for the ‌MacBook Pro‌, but only unit with Samsung displays will be available this'd s year.

The fourth quarter of 2026 runs from October to December. The OLED ‌MacBook Pro‌ is expected to feature 14- and 16-inch display size options, M6-series chips, and the first complete redesign of the device since 2021.
Related Roundup: MacBook Pro
Buyer's Guide: MacBook Pro (Caution)
Related Forum: MacBook Pro

This article, "Report: OLED MacBook Pro to Launch This Year" first appeared on MacRumors.com

Discuss this article in our forums

Report: Apple Developing 24-Inch OLED iMac With 600 Nits Brightness

Apple is working on a 24-inch iMac featuring an OLED display, with the aim of completing development as early as 2027, claims a new report out of Korea.


According to The Elec, Apple has sent requests for information to Samsung Display and LG Display regarding development of a 24-inch OLED panel for the iMac. Current 24-inch iMacs use a 4.5K Retina display, which is an LCD panel with LED backlighting.

The specs apparently being discussed include 600 nits of brightness and a pixel density of 218 PPI. If accurate, that would match the current 24-inch iMac's resolution but deliver a 20% brightness boost over the existing 4.5K Retina display's 500-nit maximum, making it equivalent to the brightness of Apple's Studio Display – though that also uses an inferior LCD panel.

OLED display technology benefits from several other advantages beyond brighter screens, such as deeper blacks with higher contrast, improved power efficiency, and other enhancements.

This is the first report we've seen suggesting Apple plans to bring OLED technology to its all-in-one desktop lineup. The company has already committed to OLED displays for future MacBook Pro models, with 14-inch and 16-inch versions expected to enter production next year using Samsung Display's 8th-generation IT OLED manufacturing line. OLED versions of its MacBook Air models are expected to follow.

For the iMac display, both Samsung and LG Display are expected to propose their respective large-format OLED technologies rather than the RGB OLED method Apple traditionally prefers. Samsung would likely pitch its quantum dot (QD-OLED) panels, while LG Display would offer its white (W-OLED) solution. QD-OLED produces color by passing blue light through a QD color conversion layer, while W-OLED produces color by passing white light through RGBW color filters. Both manufacturers are reportedly developing 5-stack configurations that add an extra green layer to improve brightness compared to current 4-stack designs.

The report suggests Apple prefers RGB OLED, where light and color generate at the subpixel level, but this technology apparently hasn't yet scaled reliably to the 20-30 inch range needed for desktop displays. Both panel makers are said to be exploring RGB OLED as a longer-term option.

Apple aims to complete iMac OLED panel development by 2027 or 2028, but the finished product could launch after that timeline. A recent but separate report has claimed Apple is developing a high-end iMac featuring the M5 Max chip, but there is currently no indication that OLED is destined for this rumored model. Apple could refresh the 24-inch iMac with an updated M5 chip at some point next year.
Related Roundup: iMac
Tags: OLED, The Elec
Buyer's Guide: iMac (Caution)
Related Forum: iMac

This article, "Report: Apple Developing 24-Inch OLED iMac With 600 Nits Brightness" first appeared on MacRumors.com

Discuss this article in our forums

Suppliers Already Preparing for iPhone 18's Camera

The iPhone 18 is already driving major shifts deep in the semiconductor supply chain, as Samsung Electronics expands production of image sensors, prompting one of its key testing partners to invest over $120 million in new equipment, The Elec reports.


Doosan Tesna, a South Korean post-process semiconductor testing company, this week announced that it will spend $123 million on test systems from Japan's Advantest, Samsung subsidiary Semes, and Japan Interaction. The investment is equal to 21.77% of the company's total assets, and will be completed in stages between 2026 and March 2027.

The purchase is believed to be directly related to Samsung's new image sensor production line in Austin, Texas, which is expected to supply components for the ‌iPhone 18‌ in 2027. Samsung's return to Apple's camera image sensor supply chain marks its first in roughly a decade and could alter the long-standing dominance of Sony, which has provided nearly all iPhone sensors to date. Apple reportedly sought to diversify suppliers after delays in Sony's deliveries between 2023 and 2024.

Doosan Tesna specializes in electrical testing of wafers after fabrication, a process that identifies defective chips before packaging and improves manufacturing yield. More than 90% of its revenue comes from Samsung's Foundry and System LSI divisions.

Doosan Tesna's decision to diversify away from Teradyne equipment toward Advantest is also notable. Advantest systems are widely used for high-performance chips such as GPUs, memory, and AI processors, suggesting Samsung's new sensors for Apple may demand more advanced verification processes.

Samsung's production line in Austin is a key element in Apple's effort to reduce reliance on Japanese suppliers and to expand production within the United States. If Samsung's sensors meet Apple's performance and reliability standards, the move could make it the company's second major image sensor supplier.

Doosan Tesna's major financial commitment represents over one-fifth of its total assets, reflecting how preparations for Apple's future iPhones are already reshaping global semiconductor investment over a year before production begins.
Related Roundup: iPhone 18
Related Forum: iPhone

This article, "Suppliers Already Preparing for iPhone 18's Camera" first appeared on MacRumors.com

Discuss this article in our forums

❌