SEOUL, Oct. 31 (Korea Bizwire) – The International Electrotechnical Commission (IEC) has officially adopted LG Display’s pioneering method for evaluating color perception differences as an international standard, the company announced on October 31. The certification by the IEC, one of the world’s three major standardization organizations recognized by the World Trade Organization, represents a significant milestone [...]
SEOUL, Sept. 26 (Korea Bizwire) – LG Display Co., a major flat screen supplier, said Thursday it has sold its facilities in China to a subsidiary of Chinese tech giant TCL Group for 2 trillion won (US$1.5 billion) as part of its business reorganizing effort. In a regulatory filing, the company said it has signed [...]
SEOUL, Aug. 22 (Korea Bizwire) – Samsung Display and LG Display, two of South Korea’s leading technology companies, are unveiling an array of next-generation display technologies at the 24th International Meeting on Information Display (IMID), held from August 21 to 23 at the Jeju International Convention Center. IMID, South Korea’s largest display conference, annually attracts around [...]
SEOUL, Aug. 15 (Korea Bizwire) – In the first half of this year, LG Display’s sales of panels for information technology (IT) devices such as tablets and laptops surged, comprising over 40 percent of the company’s total revenue. This significant growth is largely attributed to the timely supply of organic light-emitting diode (OLED) panels for [...]
SEOUL, Jun. 11 (Korea Bizwire) – A former team leader at LG Display has received a final prison sentence for attempting to leak the company’s core technologies, including AMOLED display technology, to a Chinese competitor. The Supreme Court’s Second Division upheld the original ruling of one year and six months in prison and a fine of [...]
SEOUL, Jan. 2 (Korea Bizwire) – LG Display is gearing up to make a significant impact at this year’s Consumer Electronics Show (CES) in Las Vegas, where the company plans to unveil a range of next-generation automotive display solutions. The company is set to showcase its innovative technology, specifically tailored for the rapidly evolving mobility industry. [...]
SEOUL, Nov. 27 (Korea Bizwire) – Two Taiwanese display makers have been ordered to pay a combined 32.8 billion won (US$25.1 million) in damages to LG Electronics Inc. for fixing the prices of LCD panels, sources said Monday. The Seoul Central District Court recently delivered the ruling in a compensation suit filed by LG and [...]
SEOUL, July 26 (Korea Bizwire) — LG Display Co. reported fifth consecutive quarterly losses Wednesday as sluggish demand for smartphones, TVs and computers took a toll on its bottom line. The major panel maker reported an operating loss of 881.5 billion (US$689 million) for the April-June period, compared with a loss of 488.3 billion won [...]
SEOUL, July 6 (Korea Bizwire) – A new OLED TV, soon to be released by Samsung Electronics Co., will feature an LG Display Co. panel. Industry sources said Samsung recently included an 83-inch OLED 4K TV in its July-August catalog, expanding its existing lineup of 55-inch, 65-inch, and 77-inch OLED televisions. While the release date [...]
SEOUL, May 24 (Korea Bizwire) – LG Display Co., a major South Korean display maker, has announced its intention to establish an independent task force to develop countermeasures and address the situation following the recent death of one of its employees. Jeong Ho-young, president and CEO of LG Display, on Tuesday sent an email to [...]