LG Electronics is exhibiting its latest line-up of premium UltraGear OLED gaming monitors (models 27GR95QE and 45GR95QE) at CES 2023. The new UltraGear monitors demonstrate LG’s leadership in the fast-growing OLED category and its continuing strength in the global gaming display market. Equipped with a 240Hz OLED panel, which is exclusively manufactured by LG, the […]
China-based OLED panel producers BOE Technology Group and TCL China Star Optoelectronics Technology have steadily boosted their output of high-end OLED panels. By next year they’ll control some 43 per cent of global demand for OLEDs. Analysts at Display Supply Chain Consultants (DSCC) say that South Korea’s technology giants LG Display and Samsung currently have […]
Omdia’s latest Display long-term demand forecast tracker indicates that area demand for displays in 2023 will grow by 6.2 per cent year-on-year (YoY). With softened inflation and slowing interest rate hikes, plummeting demand has bottomed out, thereby making way for a rebound to normalisation in demand by the second half of 2023. Display demand in […]
A report from Display Supply Chain (DSCC) predicts that shipments of advanced televisions will grow at a CAGR of 17 per cent in the period to 2026. Advanced TVs, as far as DSCC is concerned, include WOLED, QD-OLEDs, QDEF, MicroLEDs and MiniLEDs units with 4K and 8K resolutions. That suggested growth curve will mean 34.6 […]
Reports out of South Korea say that LG Display (LGD) is lowering its expectations for its OLED panel shipments for this calendar year. LGD is reported to have reduced its expected shipments to 7.8 million OLED panels for 2022. Next year should see unit sales increase. Part of the output reduction is because Samsung – […]
LG Electronics (LG) has unveiled its LG OLED Flex (model LX3), a new TV boasting a bendable 42-inch OLED screen. The LX3’s display can go from completely flat to curved (900R), letting users choose their ideal arc from twenty levels of curvature, for a personalised viewing experience. The form factor of the LG OLED Flex […]
A report from Display Supply Chain Consultants (DSCC) says that OLED panel revenues increased 12 per cent y-o-y while there was a 3 per cent fall as a result of form factor mix changes for smartphones and y-o-y growth for automotive, game, notebook PCs, monitors, tablets and AR/VR in Q2 2022. Smartphones remained the largest […]
Comments from LG Display (LGD) suggest that Samsung Electronics and LGD have failed to agree terms over Samsung’s purchasing and usage of LGD OLED panels. “A potential customer was interested in using our OLED TV panels and some progress were made in our talks, but at the moment, no discussion is underway regarding the matter,” […]
A 7-year legal battle between LG Display and Samsung Display over alleged theft of certain OLED technology from LG Display has ended with the accused being wholly acquitted. South Korea’s Supreme Court upheld a second trial which delivered ‘not guilty’ verdicts against a former senior executive at a subcontractor to LG Display and four employees […]
LG Display is raising about $1 billion from investors in order to build a new flat-panel production facility in Vietnam. The new cash is coming from domestic and foreign banks, say local reports, with named banks such as ANZ Bank, HSBC, Citi Bank, and Spain’s Caixa Bank which will extend loans at competitive interest rates […]