Moody’s Investors Service, one of the largest global credit rating agencies, said on May 2 that Samsung Electronics Co.’s annual sales and operating profit before adjustment will decrease by 10 percent and 50 percent, respectively, this year compared to last year when it posted its best-ever perform
Korean researchers have developed a technology that can dramatically improve the performance of quantum dot light emitting diodes (QLEDs), which have become a popular candidate for next-generation display devices, following organic light emitting diodes (OLEDs). Once the technology is successfully c
LG Chem has acquired the core technology for soluble OLEDs, which are expected to lead the next-generation display market. Soluble OLED displays are called next-generation displays because of their low recoding rate and high color gamut. Global display manufacturers are currently conducting resarch
South Korea’s exports totaled US$39.56 billion last month, down 11.1 percent from a year ago, the Ministry of Trade, Industry and Energy announced on March 1.For reference, exports fell 1.3 percent and 5.8 percent year on year in December 2018 and January 2019, respectively. This is the first time s
China's display panel maker BOE reportedly improved its yield in the small and medium-sized organic light-emitting diode (OLED) segment to the 30 percent range in the fourth quarter of 2018. Considering that the company’s yield was at around 10 percent in the third quarter of 2018, it achieved a
Samsung Display has developed the world's first ultra-high definition (UHD) organic light emitting diode (OLED) display for laptops, the company announced on Jan. 23.The new product is a 15.6-inch UHD (3,840 × 2,160) OLED display based on ultra-high resolution technology. It is tailored to premi
LG Electronics will kick off the global sales of a 65-inch rollable TV in the first half of next year after taking the wraps off the new TV model at the Consumer Electronics Show (CES) to be held in Las Vegas in January of next year.Early this year, LG Display unveiled a rollable TV panel but it was
LG Display has raised funds in China to establish LG Display High-Tech, an OLED production joint venture, in Guangzhou, China.The company has signed a syndicated loan agreement worth 20 billion yuan (3.2 trillion won) with China Construction Bank, the Bank of Communication, the Agricultural Bank of
Global demand for organic light-emitting diode (OLED) TV panels will increase to 6.7 million units by 2020 from 2.9 million units this year, market researcher IHS Markit predicted on Nov. 19.Currently, LG Display is the only panel maker in the world that has successfully commercialized OLED TV panel
China’s lead over Korea in the display industry is likely to expand as 12 Chinese display manufacturers will set up a total of 38 new factories, 19 for large panels and another 19 for small and mid-sized panels, by 2022. LG Display and Samsung Display, the only two Korean display manufacturers, are
Samsung SDI’s operating profit in the third quarter of the year almost quadrupled from a year ago.The company announced on July 26 that it had recorded sales of 2.528 trillion won (US$2.22 billion) and operating profit of 241.5 billion won (US$212 million) in the third quarter of this year.Sales inc
Samsung Display showcased its next-generation technologies, including ultra-large 8K display and a vibrating display, at the International Meeting on Information Display (IMID) 2018, which opened at COEX, Samseong-dong, Seoul, on Oct. 24.With the slogan “OLED optimized for the 5G era,” the company e
The operating profit margin of South Korean companies subject to external audit hit its highest in the second quarter of this year, according to a report released by the Bank of Korea (BOK) on September 13. The bank's analysis of corporate performances shows that the ratio of operating profits t
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
Semiconductor equipment shares, which suffered a big drop in the first half of this year due to the speculation that the semiconductor business was nearing its peak, are drawing attention from investors again. This is because Samsung Electronics and SK Hynix announced solid results for the second qu
China’s BOE has been forecast to supply small and mid-sized OLEDs to Apple. This is because Apple has followed a strategy to lower parts prices by diversifying its suppliers since it began to produce smartphones with an LCD display.BOE’s entry into the market implies that a seismic change is being m
The South Korean government is running a major research and development (R&D) project in the fifth generation display sector that surpasses organic light emitting diodes (OLEDs), a fourth generation display technology. This means that a serious crisis signal is facing the Korean display industry. In
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
Samsung Electronics disclosed its business vision at the Samsung Electronics 2018 Investors Forum held in Singapore on June 4. A webcast provided live coverage of the session.In the forum, Samsung Electronics introduced its strategies for three growth engine sectors – the foundry business, automotiv
Hanwha Total Petrochemical has further increased its competitiveness by entering commercial production of high purity normal heptane, a high-value-added petrochemical product. The commercial production of the product is expected to boost the company's annual sales by more than 20 billion won.Han