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After Ministry of Land, Infrastructure and Transport did pre-announcement of legislation about partial revised plan of ‘Regulations on the performance and standards of automobiles and auto parts’ on the 7th,
At the 2016 IMID Business Forum held at COEX in Samseong-dong on October 26, 2016 LG Display managing director Kim Gwang-jin announced that the share of OLED TV overtook that of LCD in the North American premium market, and they will put more focus on the premium market.
Display market for global automobiles has continued stable growth of approximately 10% yearly recently, and LG Display and Samsung Display do not save investments by paying attention to it as new application.
The 130inch 8K OLED Display went public through NHK, a Japan’s public broadcasting from 4th to 7th October at the CREATEC JAPAN 2016 held in Tokyo, Japan as part of a research on the future TV’s form factor.
7th Display Day ceremony was held in the evening of October 4 at JW MARRIOTT Seoul. In the congratulatory message,
OLED TV of LG Display Co., Ltd won praise of the highest quality from DisplayMate, US display expert group.
Currently in the market of premium TV, OLED TV and QD- LCD industries are highly competitive. QD vision with Nanosis and SID 2016 and IFA 2016 also emphasized quality of TV with QD material included comparing quality of OLED TV.
Movie companies in Hollywood has begun to produce HDR contents since 2015, and recently so have media contents companies. Consequently HDR-supporting 4K TV becomes a center of attention in the market.
In OLED summit 2016 held in San Diego, USA on 21st(local time), general manager of LG Display Joosu Im gave presentation on “Going forward with pOLED & future challenges” which is about 5 core technology that must-be developed in pOLED and the next pOLED.
It is expected that we may be able to meet flights with OLED technology soon. In existing OLED market, display is applied in mobile field and lighting is applied in indoor lighting field, and it was known several companies seem to be proceeding projects to apply it at either rear lamp or dash board area of the automobile.
Sunic System’s solution for 11K (2,250 ppi) AMOLED production revealed in IMID 2016 held in Jeju ICC, South Korea is receiving much attention.
During the Industrial Forum IMID 2016 held on 23 August in Jeju ICC of South Korea, LG Display’s Automotive Sales and Marketing director Sanghyun Ahn gave a key note presentation titled ‘Plastic-OLED Market Projection and Application in Automotive Display’, and explained advantages that POLED brings to automotive interior design. In particular, Ahn emphasized that POLED allows design freedom for automotive cluster and CID (center information display).
Samsung Display and LG Display will showcase the technologies for next-generation displays at the 2016 Society for Information Display( SID 2016 ) conference, which is being held at the Moscone Convention Center in San Francisco from May 22 to 27.
Although Samsung and LG both had smooth Q1 2016 for set businesses including TV, display sectors were different. The majority of the industry believes that global oversupply of LCD’s effects was great. Key LCD players in China, who could be seen as responsible for the LCD oversupply, also showed bleak performance.
LG Display reported today unaudited earnings results based on consolidated K-IFRS (International Financial Reporting Standards) for the three-month period ending March 31, 2016.
Foxconn is expected to occupy approximately 22% of 2016 Q4 global large size panel yield, similar to the levels of Samsung Display and LG Display.
LG Display has once again reaffirmed its determination to lead the TV market with OLED as the growth engine. In particular, the company is planning to actively respond to the increase of demand for 65 inch and 55 inch OLED TV.
Samsung Display’s CTO, Sungchul Kim, displayed infinite potential of AMOLED’s new market creation ability, and emphasized that panel, manufacturing equipment, materials, and communication sectors need to grow together. He also suggested new life through AMOLED and technologies required for this.
With the forecast of gradually bolstered investment in OLED by Foxconn that recently bought Sharp for $ 3.5 billion, there is a possibility that this company could actively mass produce OLED panel for smartphone from 2018.
In the midst of UDC’s domination of 2015 global emitting materials market, with Japanese Idemitsu Kosan’s rapid growth and slump of Korean emitting materials companies, there has been changes to the environment.
Following Foxconn’s takeover of Sharp, which company will end up suffering the most?
On March 30, Taiwan’s Hon Hai’s Foxconn agreed to buy Sharp for about $ 3.5 billion. With this decision, there is much focus on how it will affect the global display market.
On March 30, 2016, Taiwan’s Hon Hai’s Foxconn agreed to buy Sharp for about $ 3.5 billion. With this decision, there is much focus on how it will affect Korean display and set companies including Samsung and LG.
From April, the display industry is estimated to start mending the damage carried out by LCD with OLED.
Due to the oversupply of LCD panel in global display market, the opinion that Samsung Display and LG Display will also not be able to avoid large amount of deficit is becoming stronger.
Within the TV market, there is an opinion that even Samsung Electronics which believes it is not yet the time for OLED panel cannot continue to insist on LCD. Experts estimate that even if it is the same OLED TV, Samsung Elec. will differentiate the actualization method from competitors’ including LG Electronics. One of the possibilities suggested is Samsung’s selection of ink-jet printed OLED TV panel.
On March 23, LG Electronics launched world’s first 86 inch 58:9 commercial display Ultra Stretch.
OLEDWorks, an OLED panel lighting production company, is carefully opening the future lighting market with diverse future product lineup.
During the Lighting + Building 2016 exhibition (March 13-18) held in Frankfurt, Germany, OSRAM revealed that OLED rear lamp equipped cars will be on the road within 2-3 months.
OLEDNET visited Light + Building 2016 (March 13-18) held in Frankfurt where LG Display unveiled product line up that can be used to diverse applications such as flexible solution, luminaires, mirror solution, module solution, OLED panel products, and transparent connection solution.
LG Display announced today that it will invest in a new OLED light panel manufacturing facility. The planned facility will be the first 5th generation (1000 x 1200mm) OLED light panel manufacturing plant in the world. It is to be located in the South Korean city of Gumi, where it will produce a range of OLED light panels.
This year, Korea is expected to secure overwhelming leadership position within the global AMOLED panel market with 95% market share.
LG Display announced today that it is showcasing its latest advanced OLED light products and solutions at Light+Building 2016, one of the leading global trade fairs for lighting and building services technology, in Frankfurt, Germany, from March 13th to 18th.
In the 2nd OLED KOREA Conference (Feb 24-25), Won-Gyun Youn, LG Display’s head of OLED TV Product Planning Team, gave a keynote speech. Through the presentation, he emphasized the importance of display’s design and performance and discussed why OLED will become important in next generation display. Youn told the attendees that in the last […]
The 3rd section of the 1st OLED Frontier Forum (Jan 28), OLED’s Future, held a panel discussion with government, industry, and academia experts discussing OLED industry development strategy, such as next generation technology development, convergent areas, and personnel training, and future forecast. OLEDNET summarized the answers that each expert gave to the questions of the […]
On January 28, Korea Display Industry Association organized the 1st OLED Frontier Forum in JW Marriott Hotel Seoul. Under the title ‘OLED, Yesterday, Today, and Tomorrow’, the forum attendees could review Korean OLED research results of the past 20 odd years, and discussed regarding future OLED industry growth strategy. LG Display’s CTO In-byeong […]
On January 27, LG Display held Q4 2015 earnings announcement, stating that the business profit recorded a surplus for 15 consecutive quarters, and annual profit of over 1 trillion KRW for 3 years. LG Display’s Q4 2014 sales recorded 7,495,700 million KRW, a 5% increase from the previous quarter’s 7,158,200 million KRW and 10% […]
On January 6 (local time), LG Display held a press conference with key board members in attendance including CEO Sang-Beom Han, CTO In-Byeong Kang, and head of marketing Young-Kwon Song.
Looking Ahead to 2016 OLED Industry through Keywords
Reviewing 2015 OLED Industry through Key Words
NeoView Kolon, a subsidiary merged by Kolon Group in order to foster electronics business in 2001, is known within the industry to close down the PMOLED sector on December 31.
During the 2015 OLED Evaluation Seminar (December 4) hosted by UBI Research, Professor Jin-Seong Park of Hanyang University gave a presentation titled OLED Oxide TFT Technology Trend, discussing oxide TFT, related industry, and technological issues as well as TFT technology that should receive the spotlight in 2016.
At 2015 OLED Evaluation Seminar (December 4) hosted by UBI Research, UBI Research’s president Choong Hoon Yi gave a talk titled AMOLED Panel Industry Trend and Market Forecast discussing OLED industry until 2015 and forecasting 2016 OLED market.
On December 4, UBI Research hosted 2015 OLED Evaluation Seminar in HJ Convention Center in Seoul, South Korea. The first speaker, LG Display TFD Biz Operation Group’s Chief Research Engineer Jeonghyun Kim spoke on transparent and flexible display’s worth.
The last 5 years of budget for Korean semiconductor, which is a key industry for the nation, and display related industry’s original technology development expenses was researched and analyzed.
On October 22, LG Display emphasized their conviction in large area OLED and plastic OLED once again when announcing the performance results held in LG Twin Towers. LG Display revealed that their future business will be OLED and will lead the market through OLED.
On the first day of OLEDs World Summit (October 27-29) held in Berkeley, USA, Samsung Display and LG Display gave their talks back to back.
It was announced that LG Display will take over LG Chem.’s OLED lighting business department. As the department that was leading the opening of OLED lighting panel market is being merged into LG Display, a significant change in OLED lighting industry is anticipated.
The price of OLED TV by LG Electronics is falling fast. The 55inch flat UHD OLED TV (55EF9500), released last month, fell to $3,999 in 3 weeks, a 27% decrease from the initial $5,499.
At IAA 2015 (September 17 – 27), Audi and Porsche presented OLED lighting and display equipped vehicles. As OLED using lighting and display are actively applied to smart cars, attention on the automotive OLED is also increasing.
According to UBI Research’s Weekly OLED Analysis Report, Q2 AMOLED panels recorded the largest shipment and sales so far.
On September 15, LG Display invited top global display material and component collaboration companies to Paju factory and opened 2015 LG Display Tech Forum. The invited companies included Merck, Asahi Glass, and Sumitomo.
According to UBI Research, the 2015 H1 OLED material market recorded approximately US$ 564 million; this is a 14% increase compared to 2014 H2, but a 24% decrease against 2014 H1.
Panasonic is focusing more on OLED TV industry, revealing a CZ950 model with 4K resolution in IFA 2015 (September 4-9).
During the keynote session of IMID 2015 (August 18 – 21), LG Display’s Sang Deog Yeo, the head of OLED division revealed LG Display’s intention to change the world with OLED together with everyone and strength in OLED industry expansion.
With the great increase of interest in flexible OLED from China and Taiwan’s small and medium-sized panel companies, diverse issues related to this are emerging.
The analysis of 2015 2Q results of Samsung Display and LG Display shows clear indication that Korean display industry is on descent.
On July 23, LG Display announced its earnings results at LG Twin Towers in Yeouido, South Kore and approx. US$ 900,000,000 investment for Gen6 flexible OLED line in order to lead flexible OLED market.
Recent Samsung Electronics and LG Electronics’ TV and smartphone performance results are causing experts to be concerned over degrowth. The only thing that is left for Korean display industry is OLED.
On July 23, LG Display announced its earnings results at LG Twin Towers in Yeouido, South Korea. During this event, LG Display revealed its decision to invest approximately US$ 900 million in Gen6 flexible OLED line in order to lead the flexible OLED market.
At the 10th National Research Development Industry General Workshop in Display (8-10 July) in Muju, South Korea, industry-academy experts gathered and held a discussion on the future display strategy under the heading ‘Korean Display Industry Crisis, What is the Solution?’.
AMOLED latecomers; BOE, AUO and Tianma are rapidly catching up the AMOLED development of Samsung Display (SDC) and LG Display (LGD) at SID 2014.
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