Welcome to our dedicated page for LG Display Co. Ltd. news (Ticker: LPL), a resource for investors and traders seeking the latest updates and insights on LG Display Co. Ltd. stock.
LG Display Co., Ltd. (NYSE: LPL) is a global leader in the display technology industry. Based in South Korea, the company specializes in the development, manufacturing, and sale of thin-film transistor liquid crystal display (TFT-LCD) panels, organic light-emitting diode (OLED) displays, and flexible displays. These products are essential components in a wide range of devices including notebook computers, monitors, televisions, smartphones, tablets, and automotive displays.
LG Display's innovative product line features cutting-edge technologies, such as self-emissive OLED panels that provide superior picture quality with minimal impact on viewers' circadian rhythms. Recently, the company earned the 'Circadian Friendly' certification from TÜV Rheinland for its OLED TV and monitor panels. This recognizes displays that promote better sleep by minimizing blue light emissions and flicker.
The company continually pushes the boundaries of display technology. One notable product is the 17-inch Foldable OLED panel for laptops, which offers a seamless display and enhanced durability through its Tandem OLED structure. LG Display also recently announced the development of a 27-inch 480Hz QHD Gaming OLED display, promising an unmatched gaming experience with ultra-high refresh rates and fast response times.
Financially, LG Display generates the majority of its revenue from international markets, supported by its overseas sales subsidiaries in the United States, Germany, Japan, Taiwan, China, and Singapore. The company operates manufacturing facilities in Korea and China, with assembly facilities in Korea, China, and Vietnam, boasting a global workforce of approximately 70,707 employees.
LG Display is also a key player in the automotive display sector. At CES 2024, the company showcased the world's largest automotive display—a 57-inch 'Pillar-to-Pillar' LCD panel. This innovation emphasizes the company's focus on integrating advanced display solutions into vehicles, enhancing the user experience with high-definition and durable screens.
Moreover, LG Display is at the forefront of developing next-generation display technologies, such as OLEDoS for virtual reality (VR), which offers ultra-high brightness and resolution on a micro-scale. At SID Display Week 2024, the company was recognized for its technical leadership with a Distinguished Paper of the Year award for its advancements in OLEDoS technology.
For more information, visit www.lgdisplay.com.
LG Display, a leading innovator in display technologies, will showcase its new Transparent OLED solutions at CES 2022. These solutions aim to enhance everyday spaces such as homes, offices, and retail environments. Key products include the OLED Shelf, Shopping Managing Showcase, and Smart Window, each designed to improve aesthetics and functionality. With a proprietary technology in large Transparent OLED displays, LG Display predicts a significant market growth, reaching around USD 2.7 billion by 2025. The company continues to provide innovative solutions for modern living.
LG Display announced its participation in CES 2022, showcasing innovative flexible OLED technology aimed at enhancing lifestyles. Key highlights include the 'Virtual Ride,' an immersive stationary bicycle with three 55-inch OLED displays, and the 'Media Chair,' a recliner featuring a 55-inch curved OLED screen with built-in sound technology. With a curvature radius of 500R and 1,500R respectively, these displays illustrate LG's commitment to versatility and quality in OLED solutions, promising potential market expansion. The company continues to innovate in various sectors, integrating OLED technology beyond traditional uses.
LG Display launched the "OLED Bliss" campaign featuring singer-songwriter Pink Sweat$. The campaign includes the song "I Feel Good," composed by Pink Sweat$, highlighting the superior quality of OLED technology. Users can participate in the #DuetYourBliss event on Instagram by posting duet videos with the song lyrics. The event, running until November 14, offers prizes like 65-inch and 77-inch OLED TVs and an Xbox Series S. KJ Kim from LG Display emphasized the goal of raising awareness about OLED experiences among younger consumers.
On September 7, 2021, LG Display unveiled its innovative Transparent OLED technology at IAA 2021 in Munich, Germany. This marks the first collaboration with Gauzy, showcasing 55-inch Transparent OLED displays designed for public transportation. The technology features IGU and SPD smart glass for enhanced visibility and adaptability to various lighting conditions. LG Display aims to revolutionize the signage and mobility markets, enhancing user experience while providing opportunities for advertisers. Previous implementations in China and Japan have demonstrated the potential of Transparent OLED in enhancing commuter information.
LG Display, a leader in display technologies, will showcase its innovative OLED products at the SID 2021 exhibition from May 17-21. Titled 'Lead New Opportunity with OLED Technology,' the virtual showroom features three zones: OLED, New Value Creation, and Automotive Display. Highlights include a 83-inch OLED TV panel with improved luminous efficiency and a 48-inch Bendable Cinematic Sound OLED. LG Display's 65-inch Rollable OLED TV was also awarded Display of the Year. The company aims to drive the OLED market forward through superior technology and R&D.
LG Display, a leader in display technology, will showcase its innovations at CES 2021 under the theme 'Display, now the real world comes to you'. The company will highlight the importance of displays in the contactless era with solutions for diverse lifestyles. Notable products include the 88-inch 8K Cinematic Sound OLED and a 55-inch Transparent OLED. LG aims to promote eye health with OLED technology, supported by certifications for low blue light emissions. The event starts on January 11, 2021, with exhibitions focusing on smart homes, gaming, and retail.
LG Display has unveiled the world's first Eyesafe® Certified television display during CES 2021. This new 65" OLED TV complies with Eyesafe standards for reduced blue light emissions and superior color performance, certified by TUV Rheinland. As screen time surges during the pandemic, LG Display aims to introduce more Eyesafe displays in 2021 to promote consumer health. The certification comes amidst rising global screen usage, with U.S. averages exceeding 13 hours daily, highlighting the importance of eye safety in display technology.
LG Display unveiled its latest Transparent OLED technology at CES 2021, highlighting its versatility in everyday applications. The 55-inch Transparent OLED display, featuring 40% transparency, allows users to visually connect with their surroundings while viewing content. Key applications showcased include a Smart Bed that integrates entertainment and aesthetics, a sushi bar display enhancing dining experiences, and a subway train window replacement that maintains connectivity with the outside world. This innovative technology aims to revolutionize various industries including smart homes, public transport, and autonomous vehicles.
LG Display has commenced mass production at its Guangzhou OLED panel plant, significantly enhancing its production capacity. The facility is expected to produce 60,000 sheets per month, almost doubling the 70,000 sheets produced monthly at its Paju plant. With this expansion, LG aims to fulfill the growing demand for large-size OLED displays, projecting sales of over 12 million units by 2025. The company faced challenges due to COVID-19 but is optimistic about improving profitability through scale efficiencies.
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