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 [...]
SEOUL, May 17 (Korea Bizwire) — Samsung Electronics Co. and LG Display Co. reportedly sealed an organic light-emitting diode (OLED) display deal, rekindling years of speculation over a partnership that is sure to bring in major changes to the TV industry. LG Display will start supplying OLED TV panels to Samsung Electronics as early as [...]
SEOUL, April 26 (Korea Bizwire) — LG Display Co. reported its fourth consecutive quarterly loss Wednesday as sluggish demand for smartphones, TVs and computers continued to stymie its panel business. The major panel maker reported an operating loss of 1.09 trillion won (US$815 million) for the January-March period, compared with a profit of 38.3 billion [...]
SEOUL, April 3 (Korea Bizwire) — South Korean display maker LG Display Co. on Friday announced that it would delay its investment in a large OLED production facility to March 2028 from the original date of March 31. The primary factor behind this decision is the sluggish market demand that has resulted from the global [...]
SEOUL, Feb. 14 (Korea Bizwire) — South Korea’s display industry is facing strong headwinds due to the global economic slump, but automotive organic light-emitting diode (OLED) panels, for which demand is surging, are emerging as a silver lining. This year’s global shipments of automotive displays are expected to exceed 200 million units, according to the [...]