SEOUL, Jul. 10 (Korea Bizwire) — LG Display Co. said Tuesday it won approval to establish a joint venture to open up an organic light-emitting diode (OLED) panel plant in China, helping the company to speed up its business portfolio shift. The company said the Chinese government approved the joint venture to build the OLED [...]
SEOUL, May 28 (Korea Bizwire) — LG Display Co. said Monday it has developed a new breakthrough in virtual-reality (VR) technology to prevent dizziness, headaches and other symptoms associated with motion sickness by reducing the delay between users’ movements and the images shown on the screen. Under the joint research conducted with Sogang University, LG [...]
SEOUL, Jan. 23 (Korea Bizwire) — LG Display Co., a flat panel maker, said Tuesday its net profit slipped 94.7 percent in the fourth quarter from a year earlier, largely due to weak panel prices and a strong local currency. The company said in a regulatory filing that its net profit came to 43.6 billion [...]
SEOUL, Jan. 9 (Korea Bizwire) – South Korean flat-panel display maker LG Display Co. said Tuesday that it has showcased the world’s first 65-inch ultra high-definition rollable organic light-emitting diode panel at the world’s largest consumer electronics tradeshow in the U.S. Rollable display means that consumers can easily roll up a display and enjoy bright, [...]
SEOUL, Dec. 26 (Korea Bizwire) – A government panel on Tuesday greenlighted LG Display Co.’s 5 trillion-won (US$4.4 billion) project to build its first large organic light-emitting diode plant in China. The panel under the Ministry of Trade, Industry and Energy had been reviewing the plan since July when LG Display asked the government to [...]
SEOUL, Dec. 26 (Korea Bizwire) — Experts in the United States and Japan have picked LG Display’s organic light emitting diode (OLED) TV panel as the best product, industry sources said Monday, citing global market reports. In a recent report released by U.S. specialist display website DisplayMate, LG OLED TV was selected as a product [...]
SEOUL, Dec. 8 (Korea Bizwire) – LG Display Co. said Friday it will tap deeper into the organic light-emitting diode (OLED) light business by launching the new brand Luflex as it announced the operation of a new production facility. The South Korean display maker said the launch follows the operation of the world’s largest OLED [...]
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 [...]