2023-03-03

LG Display to Pump up Efforts to Win More Automotive Display Orders

LG Display has begun to upgrade its business structure by focusing on displays for vehicles. According to Hi Investment & Securities on Feb. 22, LG Display's vehicle display sales are expected to more than double from 1.6 trillion won in 2022 to 3.5 trillion won in 2025. Its automotive display order intake in 2022 is estimated at more than 4 trillion won, an increase of about 40 percent from 2021. In particular, the proportion of organic light emitting diode (OLED) orders in its total orders increased from 30 percent in 2021 to 45 percent in 2022. This is...
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