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, Mar. 8 (Korea Bizwire) — Samsung Electronics Co. and LG Electronics Inc., the world’s top-two TV makers, are staging a pitched battle to clinch a bigger slice of the global high-end TV market, which has been fast growing in recent years, industry sources Thursday. In an extravagant showcase event in New York, global tech [...]
SEOUL, March 5 (Korea Bizwire) — LG Electronics Inc. said Monday the organic light-emitting diode (OLED) TVs will take up around 20 percent of its combined TV sales this year. “LG Electronics has been posting two-fold annual growth in the premium TV market centering on OLED TVs,” said Kwon Bong-suk, the head of LG’s home [...]
FORT COLLINS, Colo., Feb. 20 (Korea Bizwire) — Advanced Energy Industries, Inc. (Nasdaq:AEIS), a global leader in precision power conversion, today announced its Ascent AMS (Arc Management System™) and new Ascent AP (Advanced Pulsing) process power technologies have been selected by IRUJA, a leading next-generation technology manufacturer, to support its high-growth mobile OLED business in [...]
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. 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, Oct. 26 (Korea Bizwire) — LG Electronics Inc. said Thursday it swung into the black in the third quarter from a year earlier, helped by strong sales of home appliances, although it continued to lose money in the handset business. Net profit came to 336 billion won (US$298 million) in the July-September period, compared [...]
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, Oct. 24 (Korea Bizwire) — Samsung Electronics Co. said Tuesday the organic light-emitting diode (OLED) technology is not suitable for use on television sets, apparently targeting its main rival LG Electronics Inc. while promoting its own QLED screens. The statement follows a YouTube video posted by the South Korean giant earlier, which also criticized [...]