On Tuesday, in a statement LG Display Co Ltd said, it plans on investing $2.83 billion (3.3 trillion won) in small- to mid-size organic light-emitting diode (OLED) panel facilities. In a regulatory filing it said it will start making the investment starting this month until March 2024. ($1 = 1,164.8800 won)
On Tuesday, a spokeswoman from South Korean panel maker Samsung Display said, it has decided to stop the production for all of its of liquid crystal display (LCD) panels in South Korea and China by the end of 2020. In October, Samsung Display, a unit of Samsung Electronics Co Ltd, had said it would suspend…
Japan’s Sharp Corp has filed a patent infringement lawsuit against U.S. TV brand Vizio Inc and two others in an attempt to seek an injunction to ban one of Vizio’s TV products in the United States. In a statement, Sharp, a unit of Taiwan’s Foxconn, said Vizio’s 70-inch TV product uses liquid crystal display (LCD)…
On Friday, LG Display Co Ltd, an Apple Inc supplier offered an optimistic outlook for the year on the back of higher demand for its organic light-emitting diode (OLED) panels sending its shares higher by 4%. The optmistic forecast comes in the wake of the South Korean company seeing prolonged decline in liquid crystal display…
The development comes at a time when there is a weak demand in the smartphone market. LG is probably aiming to keep its lead in the OLED TV market. On Tuesday, LG Display stated it would be investing $2.6 billion (3 trillion won) in its organic light-emitting diode (OLED) panels production line in South Korea.…
Sharp is finally making its long-awaited entry into the advanced display panel market. On Wednesday, Sharp Corp stated, it would place its first OLED smartphone for sale in Japan later this year. The announcement marks its long-awaited entry into the market for advanced panels as it plays catch up with Samsung Electronics. Sharp also aims…
LG is bent on migrating towards making next-generation OLED panels and has slashed investments in its LCD business, which incidentally accounts for nearly 90% of its revenues. South Korea’s LG Display Co Ltd, a key supplier of panels for Apple, posted its second consecutive loss citing poor panel prices while slashing its investment plans by…
OLED displays are set to gain market share with Japan Display preparing to mass produce them from 2019. On Wednesday, shares of Japan Display Inc have jumped by 24% after Japan’s Nikkei business daily reported that the company had developed a way to mass-produce lower-cost organic light-emitting diode (OLED) screens and which it would start…
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