LED TV is taking the world by storm and TV brand vendors are rolling out series of new models in the second half of the year, which fueled the decline of LED TV prices. Market outlook is fairly upbeat – total LED TV shipment for 2009 is estimated at 3.1 million units, and this figure is forecast to grow ten-fold to 30 million units in 2010.

LG Electronics, the world's No.2 TV vendor, said Sunday that it would launch a 15-inch OLED TV in September at the IFA 2009 consumer electric show in Berlin. Comparing with traditional LCD displays, AM-OLED displays are thinner, more energy efficient and can provide better picture quality, while the high price has kept it from becoming a mass-produced technology.

LG Electronics has recently launched its new LH90 series HDTVs to the U.S. market. The new series are the first LCDs to receive THX Display Certification in the U.S. market, the company claimed.  

LG Innotek Co Ltd, an electronic component branch of LG Electronics, is planning to aggressively increase its investment in the blooming LED business and may require outside funding, the Reuters reports, citing senior executives of the company.

LG Electronics is fighting back against Samsung's growing grip on the crucial new growth engine in the LED television market, according to an article on The Korea Times. Kwon Il-keun, senior VP of LG's LCD Technology Lab, spent most time of a 20-minute presentation talking of the merits of the company’s LED TVs.

LG Electronics (LG) on Thursday unveiled two new ultra-slim "full LED" LCD TVs in Seoul. And the company said it was aiming to sell as many as 5 million units in 2010.

Luminus Devices Inc. and LG Electronics yesterday announced that Luminus’ PhlatLight LEDs are powering the LG HS-200G, a new ultra-mobile projector that delivers increased brightness, performance and reliability. Luminus and LG previously announced an agreement through which PhlatLight LEDs power the HS-102 pocket projector. LG is demonstrating the new HS-200G in Booth #5321 at the InfoComm Conference 2009, June 17-19, in Orlando, Florida.

At SID Display Week 2009, LG Display Co Ltd of Korea exhibited a “rugged” 15-inch OLED panel. And the company had surprised the visitors by showing a demonstration video in which the panel was repeatedly being hit with a mallet to prove its toughness.

LG Display Co., Ltd. announced Tuesday that it has succeeded in developing the world’s thinnest 42- and 47-inch LCD TV panels. The 42- and 47-inch LCD TV panels employ LG Display’s edge-lit LED backlight system instead of the commonly used CCFL (Cold Cathode Fluorescent Lamp) to realize a panel thickness of 5.9mm.

LED TV, the latest high-end technology product in TV market, is to be available in India within the next few months, as Samsung, LG, Panasonic and TCL all targeting to release their products in this market soon.

Korea’s first 240 Hertz (Hz) LED TV—LG TruMotion LH90 HDTV series with the headline-grabbing 2,000,000:1 contrast ratio has recently got officially priced in Korean. The LH90 TVs come in 42, 47 and 55-inch sizes, and will be sold at $2,449, $3,116 and $4,749 as start prices respectively.

It’s reported that Samsung Group's LED business unit will begin operation in June with an initial target production of 120,000 LED panels. However, Samsung indicated that this production target is not big enough to challenge leading foreign makers in terms of market share. They expect the production capacity will be tripled by 2010.

South Korean electronics giant Samsung Electronics Co. is reportedly setting up a 50-50 joint venture with its affiliate Samsung Electro-Mechanics to jointly produce LEDs. It’s disclosed the veture is tentatively named Samsung LED. LEDs are known to have many advantages to traditional light sources, such as low energy consumption, longer lifetime, which are increasingly used in products from mobile phones to flat-screen televisions.

Veeco Instruments has to restructure its MOCVD systems business, as the downturn continues to take its toll on the wider semiconductor industry. At Veeco Q4 earnings call, John Peeler, CEO of the company, has announced its MOCVD systems operation in New Jersey would be hit by the latest move. He said their MOCVD systems business would go to a fully outsourced model by the end of the year. He also outlined a number of wider measures to cut costs, including a 26% reduction in workforce. Veeco will employ less than 1000 employees by the end of 2009.

Recently, Veeco Instruments Inc. (Nasdaq: VECO) announced that LG Innotek Co., Inc. of Korea, has ordered an additional four TurboDisc® K465™ gallium nitride (GaN) Metal Organic Chemical Vapor Deposition (MOCVD) Systems for HB-LED production. The orders were received in the fourth quarter of 2008.

South Korea's LG Display, announced that it had signed a deal with U.S.-based Cree Inc. to secure supply of LED chips for its flat screen products. LG Display reportedly signed a supply agreement in early January.

CES 2009 helped mark a number of upcoming technological trends that have either already reached the market or are about to do so in the next 12 months. Organic Light Emitting Diodes (OLED) display technology made an impact at CES 2009.

At CES 2009 some TV makers showed off their LED LCD TVs including Samsung, LG, Toshiba and so on. LED will be the next light source for flat panel displays in future. For many reasons such as LED light sources allow for lower power consumption; LED is solid state technology and improves ruggedness; LED allows for improved front-screen performance; LED allows for ultra-thin LCD modules, etc. Lower power consumption

It’s reported that LG will unveil the world’s slimmest LED LCD TV - “LH95” at CES in January in Las Vegas. The LG LH95 is expected to be only 24.8mm thick, which should be good enough to back the manufacturer’s claim. The LH95 will feature a 2,000,000:1 contrast ratio screen and come with 240Hz TrueMotion Drive technology. It’s disclosed that this LED LCD TV will be the 2009 CES Innovation Award winner in the Display category.

Recently, the addition of the "Global and China OLED Market Report, 2007-2012" report is offered, as the development trends of the next generation display technology industry are concerned, OLEDs are still a highly important sector of the market. The global OLED production capacity is mainly distributed across Korea, Japan and China Taiwan, with the shipments of the top five manufacturers accounting for 98.7% of the global total.

It’s reported that the use of LED backlights in LCD TVs will start to grow rapidly from 2009 as TV makers introduce slimmer models.

Now, some manufacturers were becoming more and more serious about energy-saving technologies and other green technologies. At FPD International 2008, there exhibits booths of Korean and Taiwanese panel manufacturers, looking for their green technologies. Standing out the most at every booth were low power LCD TV panels.

In the IFA 2008, many manufacturers introduced LED TVs to show their capability of combining LED and TV technology.SamsungFor example, Samsung introduced the A950 series, which supports Full HD(1920*1080) with screens made 46 or 55 inches, and adopts LED back light, which can control the brightness more efficiently.Sony

Recently, Luminus Devices and Everlight have each announced that their LEDs are powering new types of projectors. Luminus LEDs used in Samsung, LG projectors, Everlight starts shipping LEDs for micro projectors.

It’s reported that LG Display, the world's No. 2 supplier of LCD panels, will build a joint venture with Nasdaq-listed Cree in LED packaging in Nanjing, China. LG Display is able to cut costs in LED lighting business amid growing demand for the component in notebooks and television sets, adding the company could avoid possible patent infringement troubles if the plan is realized. It's a win-win strategy.