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 [...]
SEOUL, Jan. 27 (Korea Bizwire) — LG Display Co. reported its third consecutive quarterly loss Friday on weak demand for its panel products and falling prices. The major panel maker reported an operating loss of 875.7 billion won (US$709.3 million) for the fourth quarter, compared with a profit of 476.4 billion won a year ago, [...]
LAS VEGAS, Jan. 5 (Korea Bizwire) — It might not be so far in the future that you will be able to watch a movie on a rollable screen that is automatically extended downwards or check traffic or weather conditions on a transparent screen on a window while on the go. South Korean panel maker LG [...]
LAS VEGAS, Jan. 2 (Korea Bizwire) — LG Display Co., a major South Korean display maker, said Monday it will present its latest display technologies tailored to specific customer needs and environments at CES 2023, slated to open in Las Vegas later this week. The firm will set up a booth wholly dedicated to automotive display [...]
SEOUL, Dec. 19 (Korea Bizwire) — LG Display Co., a major South Korean display maker, is expected to stop producing liquid-crystal display (LCD) panels for TV by the end of this year at the earliest, industry sources said Monday, amid falling profitability and fierce competition from Chinese rivals. The company said in a regulatory filing [...]
SEOUL, Dec. 1 (Korea Bizwire) — LG Display Co., a major display panel maker, has unveiled a new solution that embeds OLED screens in the floor to be used as one-of-a-kind displays. The company announced Wednesday that it has set up a transparent OLED T-floor at the flagship store opened by SM Brand Marketing, a [...]