SEOUL, July 27 (Korea Bizwire) – LG Display Co. said Wednesday it turned to red in the second quarter on production disruptions caused by China’s COVID-19 lockdowns and sluggish demand for display panels used in electronics products. The panel maker reported its second-quarter net loss of 382 billion won (US$290.8 million), turning from a profit [...]
SEOUL, May 26 (Korea Bizwire) — The non-fungible token (NFT) artwork realized on LG Display Co.’s transparent OLED screen fetched a huge bid, drawing significant attention. The South Korean display panel maker said Wednesday the NFT art collection “An Important Memory for Humanity” created in collaboration with Refik Anadol, a Turkish media arts designer and director, was [...]
SEOUL, May 13 (Korea Bizwire) — LG Display Co., a major display panel maker, said Thursday that it had released the results of a study reaffirming that OLED displays are the optimal choice for gaming during the Display Week 2022, organized by Society for Information Display (SID). A research team from LG Display called on [...]
SEOUL, April 27 (Korea Bizwire) — LG Display Co., a major display panel maker, said Wednesday its first-quarter net income fell nearly 80 percent from a year ago, driven by lower demand for IT products and falling TV panel prices. Its net for the three months ending in March came to 54.3 billion won (US$43 [...]
SEOUL, April 22 (Korea Bizwire) — LG Display Co., a major display panel maker in South Korea, and U.S. entertainment conglomerate Walt Disney Co. have teamed up to promote LG’s OLED TVs. The two companies announced Thursday that they will begin a joint promotion of LG’s OLED TVs as Disney+, the flagship streaming service of [...]
SEOUL, April 6 (Korea Bizwire) — A gaming OLED TV promotional video produced by LG Display Co., a major display panel maker in South Korea, is going viral in the online world. The company said Tuesday that three episodes of the ‘NO OLED NO GAME’ series, designed to promote the gaming performance of OLED TVs, [...]
SEOUL, April 1 (Korea Bizwire) — Rumors are swirling about the alliance between Samsung Electronics Co., the world’s largest TV maker by sales, and LG Display Co., a major display panel maker in South Korea. The two companies are currently engaged in negotiations over the supply of OLED panels for use in TVs, according to [...]
SEOUL, Jan. 26 (Korea Bizwire) — LG Display Co., a South Korean major display panel maker, said Wednesday that its fourth quarter net income dropped 70.8 percent from a year earlier on declining LCD TV panel prices and one-off cost factors. Net profit for the three months ended in December came to 179.5 billion won [...]
SEOUL, Oct. 27 (Korea Bizwire) — LG Display Co., South Korea’s major display panel maker, said Wednesday that its third-quarter net income surged 4,067.5 percent from a year earlier to 463.5 billion won (US$396.1 million), largely driven by strong demand and profitability of its OLED business. Operating income jumped 221.8 percent to 528.9 billion won [...]
SEOUL, Sept. 17 (Korea Bizwire) — LG Display Co., a major display panel maker in South Korea, is hosting an OLED digital art exhibition along with U.S. lifestyle and fashion brand Peaches. The exhibition, titled OLED Art Wave, will be held at Peaches Dowon, located in Seongsu-dong in eastern Seoul until Oct. 15. LG Display [...]