LG Display announced that it received a special award for FPR 3D technology at “the 27th HiVi Grand Prix 2011” held in Tokyo, Japan on January 19, 2012.
“HiVi Grand Prix” is an awards ceremony that is hosted by HiVi Magazine, the most influential audiovisual (AV) magazine in Japan, and selects the best technology and products annually through credible evaluation by various experts, including AV specialists. “HiVi Grand Prix” began in 1985, and it is the first time that a Korean company won a special prize at this event.
At the awards ceremony, LG Display and LG Electronics jointly received a special prize, and Sony, Toshiba, JVC, and Panasonic also won prizes for their products.
Meanwhile, FPR 3D has already taken up more than 50% of the market share since its launch in the Chinese market 4 months ago, and its market share in North America and Europe is increasing at a breakneck speed.
LG Display Poised to Manufacturer Third-generation Touch Screen
LG Display puts in-cell LCD panels to commercial use sooner or later. It means that Korean companies are about to have a chance to take the lead in the next-generation touch screen industry.
Since 2010, Samsung Mobile Display has been the sole on-cell touch panel manufacturer in the world. If LG Display succeeds in commercializing the in-cell technology, Korea will become the only country capable of producing both types of touch screen panels. Then, there is a chance that not touch panel but LCD manufacturers will take the market leadership.
In the meantime, Taiwanese panel makers are feeling increasing pressure as Apple, their biggest client, is moving to adopt an in-cell touch screen product. Apple has been much interested in it and expressed willingness to apply it once some technological readiness is guaranteed.
Domestic and foreign companies are aiming to commercialize G2 panels from the latter of this year. Taiwanese players are investing way more in production facilities than their Korean counterparts. Experts are forecasting that they are likely to flood the market with a massive quantity of products.