LG Display announced on Oct. 7 that it will showcase about 20 high-tech products, mainly OLED displays, at the 19th Korea Display Exhibition (IMID) 2019 to be held in COEX, Seoul for four days from Oct. 8.
"We will show off our technological leadership by presenting premium products such as OLED TVs and plastic OLED products for cars during the exhibition," an LG Display official said.
Earlier, LG Display declared a shift to OLED panels as its LCD panel business slumped due to a supply glut sparked off by Chinese display makers.
The company said it will take the wraps off the 88-inch 8K Crystal Sound OLED TV. This product is the world's largest 8K OLED TV loaded with crystal sound technology. The TV’s display doubles as a speaker.
In addition, LG Display will present all of its OLED technologies such as “The Rose,” which combines four 65-inch ultra high-definition (UHD) OLED panels in the form of a rose, and a 65-inch Crystal Motion OLED Display with a high response speed and a 55-inch transparent OLED display.
Furthermore, the company will also unveil plastic OLED products for automobiles to be mass-produced soon. A 12.3-inch curved cluster and a 12.3-inch central information display (CID) are integrated into a single glass unit, making it feel like a very large display. It will also exhibit a 12.3-inch transparent display, the largest automotive transparent display in existence. LG Display is maintaining its No. 1 position in the car display market with a 21.8 percent share.
The automotive display market recorded the highest quarterly sales surpassing US$2 billion in the second quarter of this year and is expected to grow to US$7.9 billion this year, and US$9.5 billion by 2023, market researcher IHS Markit said.