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 […]

Samsung is reported to be having second thoughts on its deal with LG Display to buy their (White) OLED TV screens. The plan is for Samsung continue developing their own technology which they describe as being “superior” to LG’s high-end screens. Currently, Samsung is pushing ahead with their normal range of screens which are “as […]

Shorts International, owner of ShortsTV, the global short film network, has announced that its FAST short film channels are now available on LG Smart TVs initially in the UK, Italy and Spain. The channels, under the ‘Shorts’ (UK and Italy) and ‘Cortos’ (Spain) brands, give millions more households across Europe additional access to a handpicked […]

Despite the temptations of lower-cost Chinese and Turkish television manufacturing it seems the world prefers South Korean-built TVs. Data from technology research specialist Omdia indicate that Samsung Electronics and LG Electronics have firmly held onto the Number 1 and 2 spots in terms of market share. Omdia’s data says that Samsung Electronics posted a 29.5 […]

South Korea’s LG Display reported record revenues and solid profits for the quarter-year ending December 31st 2021. · Revenues in Q4 of 2021 increased by 18 per cent to KRW 8,807 billion (€6.5bn) from KRW 7,493 billion in Q4/2020 and increased by 22 per cent from KRW 7,223 billion in Q3/2021. · Operating profit in […]