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Samsung Set to Spend 13 tln Won on Display Plant in S. Korea

Samsung Set to Spend 13 tln Won on Display Plant in S. Korea

SEOUL, Sept. 24 (Korea Bizwire) — Samsung Group is planning to announce a massive investment plan next month to upgrade its display panel production facilities in South Korea, industry sources said Tuesday, as the nation’s largest conglomerate seeks to enhance profitability in the large display business with its latest technologies. Samsung is expected to unveil [...]

LG Display to Streamline LCD Biz amid Snowballing Losses

LG Display to Streamline LCD Biz amid Snowballing Losses

SEOUL, Sept. 17 (Korea Bizwire) — LG Display Co. said Tuesday it will begin a voluntary retirement program as part of cost-cutting efforts amid mounting losses from its liquid crystal display (LCD) business. The display making unit of LG Electronics Inc. said it will accept early retirement from manufacturing employees who have worked over five [...]

LGD Pitches Superiority of OLED over Rival’s Competing Panel

LGD Pitches Superiority of OLED over Rival’s Competing Panel

SEOUL, Feb. 28 (Korea Bizwire) — LG Display took a jab at industry rival Samsung Electronics on Thursday by arguing in favor of the superiority of its OLED panel over LCD. Kang In-byeong, the company’s chief technology officer, emphasized the fundamental difference between organic light-emitting diode (OLED) and liquid crystal display (LCD) panels during a [...]

S. Korean Display Firms Face Bumpy First Half of 2018 on Falling LCD Prices

S. Korean Display Firms Face Bumpy First Half of 2018 on Falling LCD Prices

SEOUL, Mar. 6 (Korea Bizwire) — South Korea’s display firms, which enjoyed record-breaking earnings in 2017, are expected to face bumpy roads during the first half of this year amid weakening global prices for liquid-crystal display (LCD) products, analysts said Tuesday. Industry sources said Samsung Display Co. is set to post weak earnings for the [...]

Samsung Display Vows to Tap Deeper into Curved, Slim Displays

Samsung Display Vows to Tap Deeper into Curved, Slim Displays

SEOUL, Aug. 9 (Korea Bizwire) — Samsung Display Co. said Wednesday it plans to tap deeper into the premium liquid crystal display (LCD) business through premium, ultra-slim curved TVs. “Samsung Display will continue to roll out investment and develop technologies for the premium curved LCD,” the company said during a forum it hosted in China. [...]

Chinese Firms Expanding Share in World LCD Market

Chinese Firms Expanding Share in World LCD Market

SEOUL, April 10 (Korea Bizwire) – China’s display makers are expected to double their liquid crystal display (LCD) market share this year from 2014, posing challenges to industry leaders in South Korea and Taiwan, data showed Sunday. Driven by growing demand for large LCDs for televisions, combined LCD production of Chinese manufacturers is expected to increase to 26.8 percent in 2017, according to market trackers IHS and IDC. Their share has continued to [...]

OLED Panels to Replace LCDs in Smartphones

OLED Panels to Replace LCDs in Smartphones

SEOUL, May 26 (Korea Bizwire) – Organic light-emitting diode (OLED) display panels are forecast to replace liquid crystal display (LCD) panels for smartphones, as Apple Inc. and other smartphone makers are moving to equip their smartphones with OLED display panels, reports showed Thursday. The global shipments of OLED display panels are expected to soar to [...]