SEOUL, Jan. 18 (Korea Bizwire) – South Korean panel giant LG Display Co. outpaced its archrival Samsung Display Co. in TV panel shipments last year on the back of increased sales in the Chinese market, data showed Monday. LG Display sold 55.3 million TV panels in 2015, up 6.4 percent from 51.9 million units sold [...]
SEOUL, Dec.21 (Korea Bizwire) – LG Electronics and LG Display announced that they have installed an OLED (organic light-emitting diode) structure on the first, second and fourth floors of Namsan’s N Tower. A total of 248 55-inch OLED panels were used in the installation. Taking advantage of their advanced OLED technology and light, thin high [...]
SEOUL, Nov. 27 (Korea Bizwire) - South Korean panel maker LG Display Co. said Friday it plans to invest 1.8 trillion won (US$1.56 billion) in a facility to tap deeper into the organic light-emitting diode (OLED) segment. Under the plan, the South Korean panel maker will build a new factory in Paju, north of Seoul, which [...]
SEOUL, Nov. 17 (Korea Bizwire) – South Korea’s LG Display Co. maintained its top position in the large-sized panel market for the sixth consecutive year, data showed Tuesday, coming in far above other South Korean and Taiwanese rivals. LG shipped 39.4 million units of display panels 9 inches or higher in the July-September period with [...]
BEIJING, Sept. 16 (Korea Bizwire) — LG Display Co., a South Korean maker of flat panels used in televisions and other products, said Wednesday that it will forge cooperation with Chinese TV makers to expand sales of larger organic light-emitting diode (OLED) display panels. Eddie Yeo, president of LG Display’s OLED business division, made the [...]
SEOUL, June 8 (Korea Bizwire) – South Korean companies are rushing to step up their emergency response efforts to better protect their employees from Middle East Respiratory Syndrome (MERS), which is showing signs of a wide spread in South Korea. South Korea remains gripped by the potentially deadly disease that has claimed six lives so far [...]
SEOUL, May 29 (Korea Bizwire) — The ultra high-definition (UHD) TV panel market is forecast to grow more than twofold this year, with South Korean TV panel makers expected to take up a majority share, a report showed Friday. The UHD TV panel market, also known as the 4K market, will likely grow to a size [...]
PAJU, May 17 (Korea Bizwire) — The police investigation of the nitrogen leak at an LG Display plant that caused the loss of three lives and three injuries ended with the indictment of 16 employees on charges of negligent homicide four months after the tragic accident. The Paju Police Station requested arrest warrants for two [...]
SEOUL, April 1 (Korea Bizwire) — Samsung employees and the head of an LG Display subcontractor denied allegations that they illegally traded LG’s OLED technology behind its back. Four executives and employers of Samsung Display and the head of the subcontractor were indicted last month on charges of exchanging information related to LG’s secret technology through emails. [...]
SEOUL, Nov. 19 (Korea Bizwire) – The amount of fines imposed on Korean companies for collusion by foreign authorities since 2010 totaled about 1.7 trillion won. According to the Korean Fair Trade Commission on November 18, the amount of fines that competition authorities of various countries imposed on Korean cartels over the past five years starting from 2010 is [...]