LG Innotek is going to discontinue BLU(Backlight Unit) LED business, with Wooree E&L and Seoul Semiconductor grabbing the BLU LED sales opportunities, according to industry sources on April 21.BLU LED are necessary light sources for LCD panels. They are used in LCD TVs, laptops, monitors and others.

China’s Everdisplay Optronics is expanding its territory in the rigid OLED panel market for laptops and tablets. In particular, the company is directly competing against Samsung Display over supplying laptops and tablet PCs for Huawei Technologies, according to industry sources on April 7.The panel

Chinese display makers CEC Panda and HKC may be placed on the selling block on account of mounting financial difficulties triggered by a glut of LCD panels and declining prices, according to industry sources on April 9.The two firms may be acquired by other Chinese panel makers such as CSOT and BOE

Samsung Display will be shuttering its LCD business for good before the year is out, according to industry sources on April 1.Some of the lines, such as the Gen-7 here in Korea will be refurbished to produce OLED and QD panels. Since 2019, the display maker has been switching its LCD L8 line in Sout

MagnaChip plans to focus on display and power solutions now that it has signed off to sell its foundry business and Fab 4 manufacturing facility located in North Chungcheong Province in a deal valued at about $435 million.On Mar. 31, MagnaChip said it inked the contract with a consortium led by priv

LG Group’s fabless chipmaking unit Silicon Works will be commercializing the ARM Cortex-M3 based microcontroller unit (MCU) it developed in 2019 in a move marking its venture into the digital semiconductor markets, according to industry sources on Mar. 19.The chips will be produced by Taiwan’s TSMC,

Flanked by the heads of key affiliates, Samsung heir Lee Jae-yong toured the display panel production lines at Samsung Display’s Asan facilities on Mar. 19, taking a closer look at the next generation Quantum Dot (QD) display samples. The lines are now readying for mass production.“We are facing une

LG Display is expected begin mass production from its Guangzhou plant in China manufacturing large-sized OLED panels in May this year, according to industry sources on Mar. 16.This is about 3 months behind schedule, largely triggered by the spread of the coronavirus that put plant facilities on hold

The global shipment of mobile phone displays tumbled 26% in January from the previous month to 158 million units on the spreading coronavirus combined with seasonal factors, according to industry sources on Mar. 10.The figure reflected a 20% on-year decline. It was compiled from the display shipment

The growth of Fingerprint on Display (FoD) sensors this year will hinge on whether they get installed in LCD panel smartphones, with a myriad of manufacturers working on the technology, according to industry sources on Feb. 21.Due to the panel structures, only OLED display smartphones have been depl

China’s largest display maker BOE trumped LG Display in 2019 to top the markets in terms of TV LCD panel area shipment, according to IHS Markit on Feb. 13.BOE has been the largest company to ship LCD panels for TVs since 2018, but this marks the first time it took the lead for area shipments, accord

China’s largest display maker BOE has temporarily halted the operations of its new Gen-10.5 LCD production line in Wuhan of Hubei amid the latest coronavirus outbreak, according to industry watchers on Feb. 5.Experts said the impact is unlikely to be too damaging, since the plant began operations on

LG Chem will be shuttering its LCD glass substrate business before the year is out, according to the company on Feb. 3.“Based on calculations that the business would be difficult to turn around, we have reached the decision to shut down,” the company said in a regulatory filing. The division has so

Concerns are rising about potential supply disruptions to the display-making facilities run by major firms such as BOE, CSOT and Tianma that are located in Wuhan, the Chinese city where the deadly Coronavirus has originated, according to Shenzhen Stock Exchange on Jan. 29.But the impact is expected

South Korea’s LG Chem will be moving parts of its polarizer production facilities at its Ochang plant in North Chungcheong Province to its Nanjing plant in China during the second quarter of this year, industry sources told The Elec on Jan. 27.The move is a part of LG Chem’s plans to eventually sell

LG Display CEO Jung Ho-young said at a press conference just ahead of the opening of the Consumer Electronics Show 2020 in Las Vegas on Jan. 6 that the company will shutter its domestic operations for producing LCD panels for TVs by the end of this year.“The costs are too high to stay ahead of our C

Foxconn is paying back its suppliers as its Gen-10.5 LCD production lines in Guanzhou of China are becoming normalized, according to industry sources.Due to a stop-still in Foxconn’s plans for mass production, local display equipment suppliers have been unable to receive payment for their equipment

The world’s top four LCD suppliers for TVs will be mostly from in 2020, while the total shipment from global LCD companies is likely to fall by 8.2% to 265 million units, according to market research firm IHS Markit on Dec. 18.IHS Markit said this would mark the first time in 10 years to witness a d

Chinese LCD module maker Efonlong was found to have acquired Gen-8 LCD cell production line equipment from Samsung Display’s suspended facilities, according to industry sources on Dec. 19.Some of the equipment will most likely be utilize for the Gen-8.5 LCD ultra-thin glass board processing project

From 2017 to 2019, revenues from Japanese display equipment makers took up half of the market, according to market research firm IHS Markit on Dec. 13. South Korean equipment makers, on the other hand, accounted for just 25%.During these three years, the display equipment market was worth KRW 63.6 t