According to industry sources on February 22, LG Electronics is planning to unveil its first micro-LED TV in September this year. Samsung Electronics already unveiled its micro-LED TVs and the competition between the two companies is expected to shift from QLED vs. OLED to micro-LED.
LG Electronics Vice Chairman Cho Seong-jin visited the company’s TV business unit located in Pyeongtaek, Gyeonggi Province on February 21 and told it to prepare micro-LED TVs larger than Samsung Electronics’ The Wall TV by September this year. LG Electronics is planning to use LG Innotek’s micro-LEDs. The Wall, which is the world’s first modular micro-LED TV, was unveiled at CES 2018 last month.
Micro-LED TVs are made up of LED particles of micrometer size. According to the Yano Research Institute, the size of the global micro-LED display market is expected to skyrocket from US$7 million to US$4.583 billion from last year to 2025.
In the meantime, Samsung Electronics announced on February 22 that it is not going to produce any OLED TV. “Our TV product lineup will be divided into QLED TVs and micro-LED TVs and include no OLED TV,” it said, adding, “Our micro-LED TVs will debut in August.”