LG Display on Wednesday shared the list of its customers for its automotive OLED panels.The South Korean display panel maker had General Motors, Volvo, Jaguar Land Rover, Porsche, and Lucid as its customers, LG Display Senior Vice President of Automotive Business Group Byeong Koo Kim said at IMID 20

LG Chem is planning to sell its IT film business as part of its wider plan to restructure its non-essential businesses, TheElec has learned.Sources said the company is planning to sell the business unit within the year.LG Chem earlier halted the operation of its petrochemical plant in Yeosu and is r

BOE chairman Chen Yanshun didn’t make a visit to Samsung, a key customer of the Chinese display panel maker, during his visit to South Korea in April, TheElec has learned.It is extremely rare for a high-level company executive of a component maker to not make a visit to a customer during a foreign t

A cloud hangs over the profitability of Gen 8 OLED. This is because Apple’s revenues from MacBooks are dropping, a key product that would use the OLED panels made by display panel maker’s Gen 8 OLED production lines.The iPhone maker’s revenue from MacBooks was US$7.168 billion during its fiscal seco

Samsung has ordered its TV and smartphone businesses to find a solution to improve their earnings, TheElec has learned.Samsung reported 63.75 trillion won in revenue and 640 billion won in operating income for the first quarter, a drop of 18% and 95%, respectively, from the same time period a year a

Samsung Electronics and LG Display have resumed their negotiations for a possible white OLED (W-OLED) supply deal, TheElec has learned.The pair are discussing LG Display potentially supplying somewhere between 200,000 to 300,000 units of W-OLED panels as the initial stock, sources said.If LG Display

Chinese display panel makers monopolizing the liquid crystal display (LCD) market will in the long run threaten the TV businesses of Samsung and LG, according to UBI Research CEO Choong Hoon Yi.Yi told TheElec in an interview on Tuesday that while many see the dominance of Chinese companies in the L

LG Display is expected to supply a 30-inch range OLED panel to electric car maker Lucid, TheElec has learned.The supply timeline has been delayed due to Lucid’s financial difficulty but LG Display is expected to start producing the panels in the fourth quarter, sources said.The OLED panel Lucid plan

The Korean CEO of TCL CSOT will step back from management of the Chinese display giant.TCL CSOT CEO Kim Woo-shik, who is also senior vice president of TCL, will leave his current role and become an advisor at TCL.Kim, who previously worked at LG Display before joining the Chinese firm, had been at C

SFA said on Wednesday that it has signed a contract worth 142.1 billion won with Tianma to supply display production equipment.The South Korean equipment maker will be supplying its logistics equipment to the Chinese display panel maker.Tianma will be using these kits for its Gen 8.6 liquid crystal

LG Display is planning to halt production of liquid crystal display (LCD) panels for TVs in South Korea this month, TheElec has learned.The P7 factory at the company’s facility in Paju, which is responsible for the panels’ production, will halt production within December.The nearby P8 will continue

Spending on display production equipment will drop in 2023 and 2024 compared to this year, according to analyst firm Display Supply Chain Consultants (DSCC).Spending this year will be US$12 billion but this will drop by 63% to US$4.4 billion next year.This will increase again in 2024 to US$8.3 billi

China’s BOE has been removed from the official list of suppliers for this year of Samsung published by the South Korean tech giant.Meanwhile, China’s Sunny Optical was newly added __ Japan’s Alps Electric, Nitto Denko, and Rohm were also noticeably absent.Samsung publishes its list of suppliers bian

Chinese display giant CSOT is continuing to postpone the installation of equipment at its T5 factory dedicated to Gen 6 liquid crystal display (LCD) panel production, TheElec has learned.This is despite company chairman Li Dongsheng making a personal visit to South Korea during the summer when he as

Samsung is aiming to ship over 40 million units of TVs next year despite the negative outlook in the sector, TheElec has learned.The tech giant wants to cement its leadership position in the sector and considers the 40 million units the minimum it must ship annually, sources said.Around 39 million u

Chinese display panel makers Tianma and CSOT are expected to resume spending and order equipment within the year, sources from South Korean equipment makers told TheElec.This is thanks to Chinese President Xi Jinping’s being expected to secure a third term during the National Congress that will last

The current oversupply of liquid crystal display (LCD) panels is expected to continue through 2023, analyst firm TrendForce said in its latest forecast.LCD panel prices had increased from June 2020 through the first half of 2021, the firm said, spurned by high demand for consumer electronics from Co

Samsung has postponed the development of a new line of tablets due to the continued low demand for consumer electronics from the global recession.Development for the Galaxy Tab S9 series was scheduled to start in December but this has been pushed back to 2023, sources said.The company is planning to

LG Display is set an OLED panel shipment target for 2023 that is higher than its expected shipment this year, TheElec has learned.The company is expected to ship less of the panels than it aimed for this year due to demand for TVs falling, in general, this year from inflation.LG Display is planning

Samsung Display and LG Display is opting to use larger substrates for the production OLED panels aimed at IT devices besides smartphones, TheElec has learned.They are developing the substrate to be Gen 8.7 (2290x2620mm) slightly larger than Gen 8.5 (2200x2500mm) substrates commonly adopted as Gen 8