SEOUL, Nov. 29 (Korea Bizwire) – The South Korean government said Tuesday an expert panel will review LG Display Co.’s plan to build an organic light-emitting diode (OLED) plant in China, which has been delayed due to concerns over technology leaks. LG Display asked the government in July to approve the investment plan worth 5 [...]
SEOUL, Nov. 27 (Korea Bizwire) — LG Diplay Co.’s share of the market for large display panels fell to the No. 2 spot for the first time since 2009, data showed Monday, paving the way for the rise of China’s BOE Technology Group. According to the data compiled by industry tracker IHS Markit, China’s BOE [...]
SEOUL, Oct. 25 (Korea Bizwire) — LG Display Co. said Wednesday the company will continue to invest in organic light-emitting diode (OLED) products, saying the latest criticism made by rivals over the so-called screen burn-in, or image retention in the panels, came with “intentions.” “Intentional noise has been made (over the OLED displays’ burn-in),” LG [...]
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 [...]