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NEWS TAGGED LG DISPLAY
Friday 29 December 2023
BOE invests in IT OLED first, but LGD is well-prepared for competition
Recently, Chinese panel manufacturer BOE announced that it plans to invest CNY63 billion (approx. US$8.8 billion) to construct an 8th-gen IT OLED production line. This has stirred...
Thursday 21 December 2023
LGD increase capital by KRW1.36 trillion to bet on OLED
LG Display (LGD), which has experienced six consecutive quarters of losses, has announced a capital increase with consideration of KRW1.36 trillion (approx. US$1.04 billion) to secure...
Thursday 14 December 2023
BOE ignites fierce competition in Apple IT OLED market, doubling SDC's investment
China-based panel manufacturer BOE has recently revealed plans to invest CNY 63 billion (US$8.8 billion) in constructing an 8.6th generation (2,290×2,620mm) IT OLED panel line...
Thursday 14 December 2023
LGD's new Strategic Customer division to emphasize Apple
After LG Display (LGD) appointed new CEO Jeong Chul-dong, he initiated a voluntary retirement plan to reduce staffing. Then, he established a new Strategic Customer (SC) division...
Monday 4 December 2023
Samsung reportedly intends to support TCL CSOT in acquiring LGD's Guangzhou factory
LG Display (LGD)'s LCD business in China continues to incur losses due to the expansion of Chinese competitors. Currently, the utilization rate at LGD's 8.5-gen LCD factory in Guangzhou...
Wednesday 22 November 2023
Display products from Samsung and LGD expected to benefit from eSports' inclusion in Saudi Vision 2030
After the Covid pandemic eased, the gaming display market appears to have entered a period of stagnation. However, with the rise of gaming in the Middle East and Saudi Arabia categorizing...
Tuesday 21 November 2023
LGD's sale of its last 8.5-gen LCD plant in Guangzhou halted due to increasing strategic value
Recently, the focus of the South Korean panel industry has been on LG Display's (LGD) 8.5-gen factory in Guangzhou, China, as it is the only remaining liquid-crystal display (LCD)...
Friday 17 November 2023
Samsung and LGD appear to disagree on 2024 panel supply scale
While Samsung Electronics and LG Display (LGD) are engaged in TV panel collaboration, it has been reported recently that the two sides are having disagreements over the future supply...
Tuesday 31 October 2023
Samsung reduces reliance on China as LCD TV panel prices stabilize
In response to the continuous increase in LCD TV panel prices since 2023, end-user companies such as Samsung Electronics have reduced their panel procurement volumes to increase their...
Thursday 26 October 2023
LG Display shrinks losses, expects return to profit in 4Q
LG Display announced its financial results for the third quarter of 2023, reporting sales reaching KRW4.78 trillion (US$3.54 billion) and a smaller operating loss of KRW 662.1 billion...
Friday 20 October 2023
LGD double LCD shares for Samsung and LG, falters in Apple's iPhone 15 OLED procurement
Samsung Electronics and LG Electronics are expected to raise their panel procurement from LG Display (LGD) in 2024 with the share of their combined procurement from the Korean panel...
Monday 16 October 2023
LGD accelerates IT OLED strategy to meet foldable NB panel demand
LG Display (LGD) is working hard to expand the IT OLED market by increasing its foldable NB panel products, which enjoys a technological advantage and seeks to dominate the market...
Monday 2 October 2023
2024 shaping up to be strong year for OLED applications; Korean panel makers set to reap benefits of strategic shift
Due to the pursuit of Chinese LCD panels, the South Korean display industry has shifted its focus to the OLED business. As demand for large-sized TVs increases and OLED applications...
Monday 2 October 2023
SDC set to supply most panels for i15 Pro Max; folded zoom module sees yield rate improvement
Within Apple's iPhone 15 series, the flagship model iPhone 15 Pro Max has the largest planned production volume. Thus, its supply chain is receiving attention. It's expected that,...
Wednesday 27 September 2023
LGD announces mass production of 17-inch foldable OLED along with launch of new foldable notebook
LG Display (LGD), the leader of the large-sized OLED display market, is actively venturing into the mid-to-small-sized IT OLED market. It recently announced the mass production of...
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