LG Electronics (LG) has made the Apple TV app, Apple Music, AirPlay and HomeKit available on its webOS Hub in over 100 countries and regions.Through this move, compatible TVs now offer an easier, more versatile smart TV experience thanks to a diverse selection of content and innovative features.The
LG Electronics will enter the TV platform business in partnership with Netflix and Amazon. The core of this new business is to load LG Electronics' smart TV software platform Web OS with content from Netflix, Amazon, and YouTube and sell it to global TV manufacturers after adding various additio
A former Samsung Electronics' top executive who worked in the company’s TV and home appliance divisions will move over to Huawei, Chinese media outlets reported on Sept. 10.Several Chinese media outlets, including The Economic Observer, reported that Liu Junguang, who worked as vice-president of
Chinese TV makers are in hot pursuit of Samsung Electronics and LG Electronics. They are rapidly expanding their presences in the global TV market by narrowing their gap with Korean companies in premium technologies such as micro LEDs and organic light emitting diodes (OLEDs).Chinese TV companies su
As Chinese and U.S. TV makers are moving to enter the OLED TV market next year, LG Display is expected to benefit from it as the company is currently the sole producer of OLED panels.Vizio, a U.S. TV producer, and Xiaomi of China will adopt OLED panels next year. OLED panel demand is expected to soa
LG Display Co. plans to increase its organic light-emitting diode (OLED) TV panel sales in China by seven times within three years.The company held a “OLED Big Bang Media Day” at Mee Park in Beijing's 798 Art Zone on Sept. 19. It invited officials from TV manufacturers, including Skyworth, Hisen
Chinese companies are rapidly increasing their presence in the 8K TV and 5G smartphone markets. With the U.S.-China trade war going on, they are concentrating on European markets.This year’s IFA, the largest consumer electronics show in Europe, kicked off in Berlin on Sept. 6. There, Chinese smartph
The share of 8K TVs in the global TV market will remain below 1 percent this year, according to a latest forecast from market researcher WitsView.Global TV manufacturers presented 8K TVs as the mainstay of the TV manufacturing industry at CES 2019. Nevertheless, 8K TVs are still expected to hold a s
LG Display is suffering from a steady LCD price decline this year. From next year, however, its large OLED panel business is expected to serve as a cash cow for the company. LG Display said it would increase its production of large OLED panels to 10 million by 2021, but supply shortages are likely t
The Chinese government has finally approved LG Display’s plans to build an organic light emitting diode (OLED) plant in Guangzhou, China. The plan was okayed in one year since LG Display announced the plan to build the plant in July of last year.LG Display announced on July 10 that the company recei
LG Display is planning to boost its large OLED panel production this year, but the global undersupply that started in the second quarter of last year is likely to continue for a while.LG Display is currently the only manufacturer of large OLED panels in the world. According to industry sources, the
Samsung Electronics and LG Electronics, which dominate the global TV market as the number one and number two players, are having fiercer competition over leadership in next-generation TVs. Samsung that has a strong confidence in quantum dot TVs, has put its new “QDED” brand front and center. Betting
LG Display proclaimed the “OLED TV Era” in China, a major TV market. The company announced its intention to position itself as an undisputed market leader by expanding its production capacity after providing new TV value through image quality and new design.LG Display held “OLED Partners Day” at the
According to industry sources on August 24, Sony that will receive a total of 300,000 OLED TV panels from LG Display this year is planning to ask for more than 600,000 panels per year beginning in 2019, twice the volume of this year, in consideration of the production capacities of a new factory in
Samsung Electronics opened the largest electronics experience and exhibition hall in India. In particular, as the Chinese electronics industry expanded sales and marketing activities in the Indian market, Samsung Electronics which claims the top spot in TVs and smartphones is also significantly scal
According to the TV industry on November 23, LG Electronics is leading the global OLED TV market with a share of more than 95%. According to market researcher IHS, Korea led by LG Electronics sold 242,400 TV units of 253,800 units sold in the first half of this year. Currently, with LG Electronics l
Organic light emitting diode (OLED) TVs are expected to account for half of the global premium TV market by 2019.During a press conference in Beijing, China, on Oct. 27, LG Display's OLED business unit President Yeo Sang-duk said, “OLED TVs will make up 50 percent of the global premium TV market wit
Not only LG Electronics but also TV producers in Europe, China and Japan are entering the OLED TV market one after another. Recently, as Germany’s Metz declared production of OLED TVs, raising the number of companies engaging in or planning the OLED TV business to ten.According to the TV industry an
The yield rate of UHD OLED panels manufactured by LG Display has reportedly reached 65 percent. The Korean company is gunning for a yield rate of 80 percent, and will then supply panels to not only LG Electronics but also Chinese and Japanese TV makers as early as next year.According to industry sou
Chinese TV manufacturers, major clients of Korean component suppliers, are purchasing fewer large-size LCD panels in the second half of this year. Under the circumstances, the suppliers’ share in the Chinese TV market is forecast to show a significant drop from 40 percent in the last quarter of 2015