SEOUL, Sept. 18 (Korea Bizwire) — Major South Korean manufacturers of semiconductors and displays plan to invest a combined 51.9 trillion won (US$45.8 billion) in the domestic market by 2024 to help stimulate the local economy and create jobs, the government said Monday. Senior executives from major manufacturers announced their investment plans during a meeting [...]
SEOUL, Aug. 27 (Korea Bizwire) — The worldwide market for mobile phone displays is expected to overtake that of TVs screens for the first time ever this year, brought on by the change in consumer demand, industry trackers said Sunday. According to IHS Markit, growth of mobile panels averaged 17 percent annually in the past [...]
SEOUL, Jul. 27 (Korea Bizwire) — LG Display Co. said Thursday it will suspend making investments in liquid-crystal display (LCD) panels for TVs, and instead focus its efforts on developing the next-generation organic light-emitting diode (OLED) panels. “There will be no additional investment on LCD TVs,” said Han Sang-beom, the head of LG Display. “There [...]
SEOUL, July 25 (Korea Bizwire) – South Korea’s LG Display Co. said Tuesday it will invest 7.8 trillion won (US$6.9 billion) to build facilities for the production of organic light-emitting diode (OLED) panels. The display maker said in the regulatory filing that the investment will be aimed at producing various sizes of OLED panels for [...]
SEOUL, Jul. 18 (Korea Bizwire) – LG Display Co. topped the world’s market for large-sized displays for automobiles both in terms of shipment and sales, data showed Tuesday, expanding gap with Japanese and Taiwanese rivals. According to the data compiled by IHS Markit, LG Display took up 16.8 percent of the market for automobile display [...]
SEOUL, Jul. 6 (Korea Bizwire) — Active-matrix organic light-emitting diode (AMOLED) screens are expected to rise as mainstream panels for the global smartphone industry within four years, industry watchers said Thursday, beating thin-film-transistor liquid-crystal displays (TFT-LCD). According to the data compiled by industry tracker TrendForce, AMOLED panels took up 23.8 percent of the global 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 [...]
SEOUL, Dec. 26 (Korea Bizwire) – South Korean exports and output of organic light emitting diode (OLED) display panels are expected to rise next year, thanks to a strong demand for smartphones and high-definition televisions, a report showed Monday. Citing data from market researcher IHS, the report by the Institute for Information & Communications Technology [...]
SEOUL, March 9 (Korea Bizwire) – LG Display Co. plans to supply advanced organic light-emitting diode (OLED) displays to Mercedes-Benz, industry sources said Wednesday, marking the first time for a carmaker to adopt the advanced screen. The South Korean display maker said it will supply the 12.3-inch P-OLED display to the New E-Class produced by the German carmaker. [...]
SEOUL, Feb. 11 (Korea Bizwire) - South Korean panel maker LG Display Co. regained its status as the top seller of Ultra HD panels in the fourth quarter of 2015, industry data showed Thursday, amid the booming popularity of high-end TVs. LG Display shipped 3.98 million units of UHD TV panels in the October-December period, [...]