2024-09-27

LG Display agrees sale of Chinese LCD plant for $1.5 billion

FILE PHOTO: People visit the LG display at the international consumer technology fair IFA in Berlin, Germany September 2, 2022. REUTERS/Lisi Niesner/File photo SEOUL (Reuters) -South Korea's LG Display said on Thursday it had agreed to sell its stake in its large liquid crystal display (LCD) plant in Guangzhou, China, to TCL's LCD unit CSOT for 10.8 billion yuan ($1.54 billion). The sale includes LG Display's 80% stake in its large LCD panel plant and 100% of its LCD module plant, and is expected to be comple...
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2024-09-06

OLED with 480 Hz and QHD resolution: LG Display begins mass production of new gaming panels

LG Display now produces 480 Hz OLED panels with QHD resolution. (Image source: LG Display) LG Display recently announced in a press release that it had begun mass production of its latest OLED panel for gaming monitors. Specifically, this is a 27-inch OLED panel and the first of its kind to achieve a frame rate of 480 Hz, which is said to enable a response time of just 0.02 milliseconds. LG has only been able to achieve such a high frame rate on a 32-inch diagonal thus far, such as the LG 32GS95UE, but the resolution had to be reduced to 1,920 x 1,0...
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2024-04-12

LG Display Begins Full-scale Production Preparation for the Longest Automotive Display

LG Display unveiled a Pillar-to-Pillar Liquid Crystal Display at the world’s largest Information Technology and consumer electronics exhibition, CES 2024, in January 2024. Following its supply of a 27-inch Organic Light Emitting Diode (OLED) display to Hyundai Motor’s Genesis last year, LG Display recently secured an order for a large Liquid Crystal Display (LCD) from a foreign premium automaker. This display, being the longest among the automotive displays produced by LG Display, is set to begin mass production in the first quarter (Ja...
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2024-01-15

LG Display Unveils World's Largest In-Vehicle Display at CES 2024

LG Display 57 P2P LCD and 32 Slidable OLED / Courtesy of LG Display LG Display showcased a number of ultra-large in-vehicle display solutions, including the world's largest in-vehicle display, that will advance the innovation of future vehicles. On January 9 (local time), LG Display set up a booth dedicated to automotive displays in the West Hall of the Las Vegas Convention Center (LVCC), the Mobility Technology Pavilion at CES 2024, and unveiled the world's largest automotive display, a Pillar to Pillar (P2P) LCD, and the larges...
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2024-01-11

@CES LG Displays 57″ P@P LCD & Big 32″ Slidable LED

LG Display’s 57-inch Pillar-to-Pillar (P2P) LCD that received a CES 2024 Innovation Award LG Display, the world’s leading innovator of display technologies, announced today that it is showcasing a series of ultra-large automotive display solutions, including the world’s largest automotive display, to accelerate innovations for future cars at CES 2024. At its dedicated booth for automotive displays in the West Hall of LVCC, LG Display unveiled the world’s largest automotive display, the ’57-inch Pillar-to-Pillar (P2P) LC...
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2024-01-04

LG Display Unveils Industry's First 480Hz QHD Gaming OLED Display at CES 2024

LG Display Unveils Industry’s First 480Hz QHD Gaming OLED Display at CES 2024 SEOUL, South Korea, Jan. 3, 2024 /PRNewswire/ -- LG Display, the world's leading innovator of display technologies, announced today that it has successfully completed the development of its 27-inch 480Hz QHD Gaming OLED display and prepared an official showcase for CES 2024, opening a new era of OLEDs featuring ultra-high refresh rates. LG Display's latest Gaming OLED display leverages the company's unique OLED technology, which ...
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2023-11-29

LG Display Confirms 32” OLEDs & 30” Transparent OLED Panels

LG Display has confirmed it will soon be offering 32-inch, 34-inch, and 39-inch OLED panels, which will likely be used in monitors, however the 32-inch could double as an OLED TV. ChannelNews was shown these panels last week in JB Hi-Fi’s new Parramatta, NSW showrooms. The company has also admitted it will produce 30-inch and 70-inch transparent OLED panels. Samsung Display also makes a 34-inch QD-OLED panel, but with LG’s move, punters will have a choice between QD-OLED and WOLED. LG Display supplies WOLED...
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2023-10-12

LG enhances its ‘All-in-one’ lineup with new micro led display for productivity

Modern conference room interior with furniture, panoramic city view and sunlight. Presentation concept. 3D Rendering Getty Images/iStockphoto New LG MAGNIT All-in-One Features Sleek Design with a Premium Micro LED Screen, Built-in Speaker and Embedded Controller Dubai, United Arab Emirates: — LG Electronics (LG) announces the launch of its new Micro LED signage solution, the LG MAGNIT All-in-One (model LAAA). Ideal for corporate meeting rooms, the impressive 136-inch model combines a premium screen featuring LG’s...
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2023-08-07

LG Display Wins 2023 Bosch Global Supplier Award

LG Display Wins 2023 Bosch Global Supplier Award SEOUL, South Korea, Aug. 6, 2023 /PRNewswire/ -- LG Display, the world's leading innovator of display technologies, announced today that it has received a 'Bosch Global Supplier Award.' The company receives this prestigious award in the category "raw materials and components", demonstrating its unmatched leadership in the automotive display market. The Bosch Group, a global leading supplier of technology and services, reserves its "Bosch Global Supplier Award" for only 46 ...
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2023-08-02

LG Display Rumored to Enter Apple’s Micro OLED Supply Chain, Challenging Sony’s Sole Supplier Status

Report: LG Display Rumored to Enter Apple’s Micro OLED Supply Chain, Challenging Sony’s Sole Supplier Status In an unexpected turn of events, South Korean panel maker LG Display (LGD) is rumored to be entering Apple’s Micro OLED supply chain, breaking the monopoly held by Japanese factory SONY as the sole supplier of Vision Pro. According to China Media Jiwei.com, industry sources have revealed that LGD has secured a spot in the Micro OLED supply chain for Apple’s Vision Pro. This news comes as other ma...
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2023-05-22

LG Display Recognized for Pioneering Research on Ultra-large OLED and Stretchable Displays at SID 2023

SEOUL, South Korea, May 20, 2023 /PRNewswire/ -- LG Display, the world's leading innovator of display technologies, announced today that two of its research papers on 'ultra-large OLED display' and 'Stretchable display' have been selected as Distinguished Papers by the Society for Information Display (SID). Under the theme of 'A Novel Ultra-Large Size OLED Display for Premium TVs,' LG Display's research team led by Dr. Hong-jae Shin, research fellow, received the Excellence Paper Award for introducing the key...
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2023-01-04

LG Display Showcases Innovative OLED Technologies at CES 2023

LG Display, the world's leading innovator of display technologies, announced today that it will unveil its futuristic display products that innovate everyday life at CES 2023. LG Display will be operating two booths at the Las Vegas Convention Center (LVCC), one in the North Hall (main booth) and another in the West Hall (automotive display).   The company's main booth will take this opportunity to reveal its industry-leading display technologies that make people's lives more enjoyable under the theme, 'Always On.' On the other han...
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2022-11-09

LG Display Unveils the World’s First High-Resolution Stretchable Display

SEOUL, Korea (Nov. 8, 2022) – LG Display, the world’s leading innovator of display technologies, unveiled today the world’s first 12-inch high-resolution Stretchable display equipped with an outstanding free-form technology that enables it to be extended, folded, and twisted without distortion or damage.   The company’s newly unveiled Stretchable display is the industry’s first to achieve 20 percent stretchability, a resolution of 100ppi, and full-color RGB. In addition, its high flexibility, durability, and reliability maximize ...
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2022-10-12

LG Display Unveils Latest Transparent OLED Solutions for Mobility at ‘InnoTrans 2022’

  SEOUL, Korea (Sep. 20, 2022) – LG Display, the world’s leading innovator of display technologies, announced today that it will showcase its most advanced Transparent OLED solutions for mobility at InnoTrans 2022, the world's largest trade fair for transport technology, in Berlin, Germany between September 20 and 23. In partnership with LG Electronics, LG Display will be introducing its innovative Transparent OLED solutions that can be applied to various forms of public transport, demonstrating the powerful potential of Transpar...
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2021-09-10

LG Display to Showcase Transparent OLED at IAA 2021 in Munich

SEOUL, South Korea, Sept. 7, 2021 /PRNewswire/ -- LG Display, the world's leading innovator of display technologies, will showcase its latest state-of-the-art Transparent OLED technology at the International Motor Show (IAA) 2021 held in Munich, Germany, from September 7th to 12th, together with world-leading material science and smart glass technology company Gauzy at its booth, Hall A1 – Booth number 93. Through its first collaboration with Gauzy at IAA 2021, LG Display will let visitors experience the many entertainment and informative e...
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2021-06-29

Wooree E&L Secures Half of LED Supply to LG Display

Firm benefits from LG InnoTek’s exit from LED business Image: LG Display South Korean LED firm Wooree E&L has secured half the supply of LED module used by customer LG Display, TheElec has learned. People familiar with the matter said Wooree’s LED modules currently accounts for around 50% of those used by the South Korean display panel maker. LED modules are used as the backlighting unit in liquid crystal display (LCD) TVs, notebooks and monitors. The modules are supplied to LG Display, which in turn supplies the...
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2021-06-24

LG Display to Supply 3 Million OLED Panels per Year to Samsung Electronics

Samsung Electronics will reportedly sign a contract with LG Display to procure two to three million OLED TV panels annually from next year to 2024.(Photo: Business Korea) Samsung Electronics is set to accelerate its penetration of the global OLED TV market using OLED panels from LG Display. Samsung Electronics will reportedly sign a contract with LG Display to procure two to three million OLED panels annually from next year to 2024. The average price of a 55-inch general-purpose OLED panel stood at US$510 in the first quarter of 2021, Omdi...
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2021-05-21

LG Plans to Expand on OLED TV Panel Capacity at Guangzhou Plant Starting from July

According to the coverage of South Korean media TheElec, LG Display is planning to expand on OLED TV panel capacity at its Guangzhou plant from 60K pieces/month to 90K pieces/month starting from July. As reported by foreign media, the particular plant consists of two production lines, and primarily manufactures the 8.5th generation panel. LG Display will implement a certain degree of upgrades for the plant in order to elevate capacity, yet the corresponding expenditure will not be significant. Photo source: Paixin licensed gallery Apart from the Guangzhou p...
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2021-05-18

LG Display’s 65-inch Rollable OLED TV Wins ‘Display of the Year’ at SID 2021

LG Display was previously awarded the Display of the Year title for its 65-inch Wallpaper OLED TV in 2017. LG Display announced that its 65-inch Rollable OLED TV won the Display of the Year award at the Society for Information Display’s (SID) 2021 Display Week. OLED technology makes paper-thin panels and various designs such as rollable concepts possible thanks to its self-emitting nature that does not require a backlight unit. Moreover, by combining OLED with ultra-thin glass able to be rolled up and down countless times without brea...
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2020-08-05

LG Display Presents Innovative OLED Technologies at Display Week

LG Display (LGD) announced that it is showcasing next-generation OLED technologies at Display Week 2020, which is holding online this week from August 3 to 7. LGD presented foldable and transparent OLED products including a 65-inch and a 12.8-inch rollable OLED, a 13.3-inch foldable OLED, 65-inch bendable OLED, and 55-inch transparent OLED with 40% transparency. These foldable, bendable and transparent OLED products are featured in the “Unlimited Design Freedom Zone” at LGD’s virtual showroom. (Image: LGD) LGD ...
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2020-07-29

LG Display Reportedly to Provide Mini LED Backlight Panel for Dell’s Medical Monitor

The global supply chains of Mini LED backlight display have been unveiled one after another. After Samsung’s rumor of releasing Mini LED backlit TVs with chips supplied by Taiwan and China chip makers, LG Display is now said to provide panels for Dell. Korean media TheElec reported that LG Display has supplied panel for Dell’s 31.5-inch Mini LED backlit monitor for medical applications. The 31.5-inch display deployed more than 10,000 units of Mini LED to deliver advanced performance with high contrast ratio and brightness. The product was ...
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2020-06-23

Apple’s Mini LED iPad Supply Chain Reportedly Include Epistar, TSMT and LG Display

Apple’s rumored Mini LED backlight based iPad Pro is said to use display supplied by LG display and chips from Epistar. The LCD module will be assembled by Taiwan’s TSMT and the whole iPad Pro will be completed by Foxconn, reported TheElec, a Korean media. The report also noted that the 12.9-inch Mini LED iPad Pro is in trial production and is scheduled to launch the earliest in 4Q20. (Image: Pixabay) Since Micro LED technology still encounters manufacture difficulties and can hardly commercialize, the progress of Mini LED beco...
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2020-06-11

LG Display to Develop Stretchable Displays for Korean Government’s Project

LG Display announced that it will be leading Korean national project for developing stretchable displays, aiming to expand display applications in the era of IoT, 5G and self-driving car. Selected by South Korea’s Ministry of Trade, Industry and Energy (MOTIE), LG Display will oversee the large-scale R&D project and lead a collective of 21 entities covering related companies, research institutes and universities. Jointly these parties will develop core technologies, materials, component and build up a robust ecosystem for Korea’s display technolog...
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2020-05-06

Samsung Sees Weak Demands in Display; LG Display Reports Revenue Drop

Korean giants Samsung and LG announced their financial results for the first quarter of 2020 and they both reported that the COVID-19 outbreak has affected their business performance. Samsung registered a total revenue of KRW 55.33 trillion (US$ 45.11 billion) with an on-year increase of 5.6%. Operating profit is KRW 6.45 trillion (US$ 5.28 billion) decreased by 9.8% QoQ but increased by 3.2% YoY. Compared to the previous quarter 4Q19 which is usually the peak season of the year, the revenue of 1Q20 went down due to seasonality. And the on-year growth was due ...
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2020-01-10

【CES 2020】Improved Backlight Technology Upgrades Display Performance

Ever since OLED joined the battle field of TV display, the technology revolutes the industry with its high contrast brought by the self-emitting feature. Because the supply chain of OLED panel is tightly controlled by Korean suppliers, panel manufacturers and TV brands are trying to adopt new technology to fight against OLED panel. Since last year, several industry players have teamed up to launch LCD display lit with novel backlight technology to compete with OLED. A wide range of applications were demonstrated in major international events and CES 2020 is ...
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2019-04-30

Korean Display Makers Suffer Business Loss due to Low Demands and Expects Improvement in 2Q19

Samsung and LG have both released their financial results for the first quarter of 2019 with profit loss in their display business resulting from the sluggish market. Samsung registered a revenue of KRW 6.12 trillion (US$ 5.24 billion) for its Display Panel Business in 1Q19 with an operating loss of KRW 0.56 trillion (US$ 479 million). The company said that the operating loss came from weaker profitability in both mobile and large displays. Mobile displays suffered slower demand and intensifying competition with LTPS LCDs. Large displays also took a hit from a ...
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2019-04-18

LG Display’s Flexible OLED Display Business Challenged by BOE

Before the commercialization of Micro LED displays, Mini LED and flexible OLED displays have been the focuses of the industry. Korean firms like Samsung and LG are strong players in the field but China’s BOE is rising and overtaking LG in the small and medium-sized flexible OLED business, reported Business Korea. (Image: LG) The report of Business Korea cited Zhang Yu, Vice President of BOE that the company aims to supply 50 million flexible display panels for smartphones in 2019 and will continue its investment plan in the flexible OLE...
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2018-12-26

Chinese and Korean Panel Makers Keep Their Focus on OLED, Taiwanese Companies Dive into Mini LED and Micro LED

2018 has been a tough year for panel producers due to the dropping panel price caused by oversupply. Chinese panel makers are still expanding their production capacities for LCD and OLED displays, putting pressures on other industry players. Samsung is closing its 8.5 generation production line in 2019 and shifting the focus to QD-OLED panels in response to the price competition. LG Display also plans to expand its OLED production capacities in China and Korea targeting large sized TV displays. It is estimated that by 2020, the OLED investment of LG Displ...
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2018-10-02

LG Display to Cut Jobs after Shifting Its Focus from LCD to OLED

LG Display has confirmed its plan to cut jobs through voluntary retirement as the company intends to shift its product portfolio from LCD display to OLED display which requires less production workforce, reported Reuters.
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2018-08-03

Panel Makers Face Impacts of Price Drop

Panel makers in Asia have been struggling with the oversupply of LCD products and have reported profit drop in the second quarter of 2018 compared to last quarter and last year. 
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