Korea’s display companies are in a hot race with those of China to preempt the market for inorganic light-emitting diode (iLED) displays, touted as a future growth driver. Korea is considered to be lagging behind China in the iLED display market.The market for micro LED panels grew to US$27 million
Forecasts indicate that China’s OLED shipments for smartphones will surpass South Korea’s by 2025.According to the “3rd Quarter OLED Market Track” report published by market research firm UBI Research on Aug. 28, the current market share of smartphone OLED shipments for South Korea and China stands
LG Display, the world’s leading innovator of display technologies, announced today that it is to solidify its partnership with Mercedes-Benz and enhance the two companies’ cooperation on premium automotive displays.Brian Bong-seok Kwon, COO and Vice Chairman of LG Corp., James Ho-young Jeong, CEO an
Kim Byung-gu, the head of LG Display’s automotive business group and executive vice president, unveiled LG Display’s OLED displays designed for automotive use and introduced the entire portfolio of premium brands involved in automotive production and development for the first time at IMID 2023, whic
Domestic TV manufacturers such as Samsung Electronics and LG Electronics have been holding a dominant position in the global market but are now showing signs of unease. This is because Chinese companies like TCL and Hisense have been aggressively competing with lower-priced offerings, rapidly erodin
Korea’s trade balance in the information and communications technology (ICT) industry provisionally reached a surplus of US$3.19 billion in July after a slowdown in a drop in exports from April to June.The Ministry of Trade, Industry and Energy (MOTIE) said on Aug. 16 that ICT exports reached US$14.
The market for Micro Light Emitting Diode (microLED) panels, emerging as a next-generation display, is a domain where the domestic display industry, which is even being chased by Chinese companies in the OLED sector, can showcase a dominant market share in the future based on their advanced technolo
As the transition from Liquid Crystal Displays (LCD) to Organic Light Emitting Diodes (OLED) in vehicle displays is expected to take place, K-Display, holding over 90% market share, has solidified its position, while Chinese competitors are engaging in pursuit.According to industry sources on Aug. 9
With superior image quality compared to Liquid Crystal Display (LCD) TVs, the Organic Light Emitting Diode (OLED) TV market, having entered a robust growth phase, is seeing a rise in ultra-large models, those 70 inches and above. This trend reflects the growing preference in the TV market for ultra-
The automotive display market is expected to grow at an average annual rate of 7.8 percent and exceed 16 trillion won in 2027, according to a new report.The Korea Display Industry Association forecast in its Automotive Display Value Chain Analysis Report on Aug. 2 that the automotive display market
With the possibility that BOE, a Chinese display company, may not supply panels for Apple’s forthcoming iPhone 15 series slated for release in the third quarter, there is growing optimism that Samsung Display and LG Display could reap significant benefits in the second half of the year.According to
As Samsung and LG are intensifying their strategies to capture the global market for Organic Light-Emitting Diode (OLED) TVs, Japanese companies such as Sony and Sharp are tightening their pursuit. This mirrors previous competition between the two countries in the Liquid Crystal Display (LCD) market
Despite a global recession, the market for automotive organic light-emitting diodes (OLEDs) is demonstrating considerable growth, intensifying the rivalry between Samsung Display and LG Display.LG Display has previously dominated the market, but Samsung Display is swiftly catching up, securing a ser
China’s decision to impose export controls on gallium and germanium beginning on Aug. 1 in response to U.S. export restrictions has Korean semiconductor, display, and battery industries on edge.According to industry sources on July 31, the Korean semiconductor, display, and secondary battery industr
Display companies such as Samsung Display and LG Display are accelerating the development of new technologies, such as OLED on Silicon (OLEDos), to preempt the Extended Reality (XR) industry like Apple’s “Vision Pro.”According to industry sources on July 31, domestic display companies, including Sam
The future of microLED, which is considered to be a “dream display,” appears promising as the once formidable barrier of high costs is expected to rapidly diminish in the coming years, inching the technology closer to widespread adoption. While domestic companies actively pursue the development of s
LG Display announced that it will hold a conference call to announce its earnings for the second quarter of this year on July 26. The display giant added that it was proceeding with its investment in 6th-generation IT organic light-emitting diode (OLED) displays as scheduled.“We are proceeding with
China is in hot pursuit of Korea in the global organic light-emitting diode (OLED) display market. While Korea is still far ahead of China in terms of market share, China has caught up with Korea in terms of production capacity by 10-plus percentage points.China’s OLED display production capacity is
Samsung Electronics is pumping up its efforts to diversify its supply chain for large LCD panels for TVs by lowering its dependence on products from BOE, China’s largest panel maker, which is being engaged in a patent lawsuit with the Korean tech giant. The company is expected to seek to strengthen
Samsung Electronics and LG Display are expanding their alliance to include 77-inch organic light-emitting diode (OLED) TVs after the 83-inch models. The alliance with LG Display is expected to expand to LCDs due to a patent dispute between Samsung Electronics and BOE of China.According to industry s