South Korea’s electronics giant LG Display says it will invest 3.3 Trillion Won (€2.3bn) in new facilities to produce more OLED panels. The investment will start immediately and continue through to March 2024. The news came from LG in a regulatory filing to the Seoul stock exchange. The company said the investment will be used […]

LG Electronics has announced its highest quarterly revenues ever as the company continued to expand its market share for premium home appliances and consumer electronics outside of South Korea. Worldwide consolidated revenues of KRW 17.11 trillion (€12.8bn) rose 48.4 per cent from the second quarter a year ago. Second-quarter 2021 operating profit increased 65.5 per […]

Curved TV displays were a mainstay of some set manufacturers a year or two ago. Indeed, Samsung still have a variety of curved TVs options for sale. And now Philips have created an ultra-wide device for specialist applications. The model (498P9Z) is targeted to professional users including financial traders, graphic designers, architects and others who […]

Nintendo has announced that it will soon release an OLED model of its popular Switch portable gaming system. The new model has a similar overall size to the current Nintendo Switch console, but with a larger, 7-inch OLED screen (up form 6.2-inches) which offers deeper blacks and more vivid contrast. It also features a wide […]

LG Display is rumoured to be supplying 3 million of its OLED television panels to rival Samsung. There are some doubts over the reports, but also strong indication they are justified given the amount of detail included. Samsung Electronics will reportedly order 2 million tto 3 million panels annually from 2022 from LG Display in […]

LG Display has announced the final winners of its OLED design competition which it launched back in November 2020 with UK design business Dezeen. The concept was to find OLED-based designs that solve LG’s customers ‘pain points’ and make lives easier by tapping into LG’s core displays which are already ultra-thin, ultra-light and can even […]

LG Electronics has announced first-quarter 2021 consolidated sales of KRW 18.81 trillion (€13.9bn) and operating profit of KRW 1.52 trillion – the highest quarterly results in the company’s history with the 8.1 per cent operating profit being a first-quarter record. Compared with the first quarter a year ago, revenues grew by 27.7 per cent and […]

LG Electronics UK has shared the results of a new nationwide study which explores the British public’s spending and saving habits during lockdown, revealing the cost-per-use of everyday items. When it comes to quality content, people have more choice than ever before – and it shows. The average UK adult now spends 4.1 hours watching […]