LG Display will extend its production of liquid crystal display (LCD) TV panels in South Korea by a year, TheElec has learned.The extensions comes from LG Electronics’ request as it was finding difficulty in securing sufficient volume of LCD panels.LG Display has initially intended to halt LCD TV pa

LG Electronics on Friday said in its preliminary guidance that it has posted record fourth quarter earnings.The company also posted record annual operating income in 2020.LG posted sales of 18.7826 trillion won and operating income of 647 billion won in the fourth quarter, a rise of 16.9% and 535.6%

LG Display said on Thursday that it will show off various display solutions for remote services at the upcoming CES 2021 that starts on January 11.The South Korean display panel maker said the theme of its exhibition will be “Display, now the real world comes to you”.LG Display will showoff its 88-i

LG Electronics have bought a majority stake in US TV data firm Alphonso.The South Korean company said on Thursday it has acquired over 50% share for US$80 million of the TV data and measurement company based in Silicon Valley.Last month, LG announced that it was forming a joint venture with car comp

Samsung Electronics on Wednesday unveiled at an online event an upgraded version of its QLED TV for 2021 called Neo QLED TV.Neo QLED will launch in 8K and 4K resolutions and begin sales in the first quarter around the world.JH Han, president of Samsung’s Visual Display business, talked up the compan

LG Display said on Tuesday that its OLED panel have received certificate from Eyesafe.Eyesafe measures blue light emissions in devices. The certificate is given when out of the total blue light emitted, below 50% is not harmful and out of total visible light, harmful blue light only accounts for bel

Over a million 8K TV is expected to be sold in 2021, according to Deloitte.8K TV is increasing market share in the over US$2,500 TV market as average sales price continues to drop.Deloitte said around a million 8K TVs priced at around US$3,300 is expected to be sold this year for sales of US$3.3 bil

LG Display on Sunday said it will showoff a bendable 48-inch Cinematic Sound OLED panel at CES 2021.The panel is aimed at gaming and can be bent by up to 1000R (equivalent how a circle with 1000mm radius is bent).A TV with the panel will be able to switch from flat when used to view media content an

LG Display on Thursday said it will display transparent OLED panels at the upcoming online CES 2021.The company said the panels have a transparency rate of 40%. LG Display said this was way higher than liquid crystal display’s (LCD) 10% and the panels are glass clear.LG Display said it will show off

Global foundry sales in 2021 will grow 6% from 2020 to US$89.6 billion, market research firm TrendForce said.Notebook, TV and other electronics devices and 5G will lead this growth it said.The foundry market is 2020 is expected to grow 23.7% from a year ago to be worth US$84.6 billion. This is thank

Samsung Electronics on Tuesday said it will begin pre-orders for its 110-inch MicroLED in South Korea on Wednesday.The TV was unveiled earlier this month and costs 170 million won.Samsung is offering a 7-year warranty and will help moving and installing the TV twice during those time.The company is

LG Electronics will launch a new liquid crystal display (LCD) TV called QNED TV that uses MiniLED as the backlight.The company on Tuesday unveiled the TV at an online press event in South Korea.LG QNED TV will have a technology called quantum nanocell color technology, which combines nanocell and qu

US sanctions against Chinese companies, especially Huawei and TCL, is set to benefit their South Korean rivals Samsung and LG.US’s Department of Homeland Security was reviewing sanctioning TCL, according to Reuters. Acting Secretary Chad Wolf told the Heritage Foundation that TCL was installing back

Tesla CEO Elon Musk said in a tweet that he had contacted Apple CEO Tim Cook to discuss potentially selling Tesla but Cook refused the meeting. The tweet was made after it was reported that Apple is planning to launch an autonomous car of its own with electric vehicle batter. So far, Apple has refus

Samsung Electronics on Tuesday said it will hold a First Look event for new TV line-ups on January 6 online.The event will start on 11am, January 6 EST. It will be streamed on Samsung Newsroom website and the company’s YouTube channel.Samsung is expected to unveil new 4K and 8K QLED TVs at the event

Samsung Electronics said on Tuesday that its Samsung TV Plus service for its smart TVs will be available in double the number of countries.Samsung TV Plus is a free video service provided by the tech giant. It was launched in 2015.The service is available currently in 12 countries. Australia and Bra

The launch of new consoles PlayStation 5 and Xbox Series X this year will lead to increased TV shipment next year, according to market research firm Omdia.The year 2020 is the second time that Sony and Microsoft has launched their gaming console in the same year.PlayStation 4 and Xbox One were both

Electronic component maker SoluM on Friday said it has turned in its registration statement to the Korea Exchange to be listed on KOSPI.The company was formed in 2015 when it split-off from Samsung Electro-Mechanics. SoluM manufacturers power modules for TVs and smartphones as well as electronic she

LG Uplus on Thursday showed off a trial of its autonomous parking technology for cars.The telco showed off its technology in which a smartphone is used for a consumer to pick an empty parking lot. The car that is registered to the smartphone will then park itself to the lot without the need of a dri

Iljin Display is hoping to return to profitability from notebook and MiniLED markets.The company announced that it will offer shares to secure 20 billion won in funding. 10 billion won will be spent on facilities related to notebook components, the company said.Out of the 10 billion won, 60 billion