SEOUL, Dec. 19 (Korea Bizwire) — LG Display Co., a major South Korean display maker, is expected to stop producing liquid-crystal display (LCD) panels for TV by the end of this year at the earliest, industry sources said Monday, amid falling profitability and fierce competition from Chinese rivals. The company said in a regulatory filing [...]
SEOUL, March 31 (Korea Bizwire) — Samsung Display Co., a major display panel maker in South Korea, will halt the production of liquid crystal displays (LCD) next year and focus on ramping up its next-generation display business, the company said Tuesday. Samsung Display will speed up its transition to a quantum-dot (QD) display business in [...]
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 [...]
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 [...]
SEOUL, Aug. 21 (Korea Bizwire) — Samsung Display Co. has trimmed down production of liquid crystal displays (LCD) in response to worsening profits, seen as shifting its focus to a new type of organic light-emitting diode (OLED) panel, industry officials said Wednesday. The display making subsidiary of Samsung Electronics Co. has cut LCD production at [...]
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 [...]
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 [...]
SEOUL, Aug. 30 (Korea Bizwire) — LG Electronics Inc. said Wednesday it has partnered with Bang & Olufsen (B&O) to adopt the Danish company’s audio solution for its organic light-emitting diode (OLED) TVs starting in September. The tie-up can improve the audio experience of LG TV users and is in line with the steps to [...]
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. [...]
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 [...]