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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 [...]

S. Korea’s OLED Exports to Japan Hit Record High in June

S. Korea’s OLED Exports to Japan Hit Record High in June

SEOUL, Jul. 24 (Korea Bizwire) — South Korea’s OLED panel exports to Japan more than doubled to hit a record high last month, data showed Wednesday, bucking the trend of weakening global demand for displays. South Korea’s shipments of organic light-emitting diode (OLED) panels to Japan totaled US$13.2 million in June, skyrocketing 129.2 percent from [...]

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 [...]

LG Display Installs Donation Kiosks at Facilities

LG Display Installs Donation Kiosks at Facilities

SEOUL, Nov. 21 (Korea Bizwire) — LG Display Co., a display panel maker under LG Group, said Wednesday it has installed electronic kiosks in its facilities across the country, helping employees make donations easily. The company said employees can swipe their identity cards on the kiosks and make donations ranging from 1,000 won (US$0.88) to [...]