Samsung Display will be increasing its shipment of LCD monitor panels by up to 40% on-year despite shutting down most of its LCD panel lines, according to industry sources and market research firm Omdia on May 14.The decision comes based on market research showing a spike in demand for monitors for

LG Electronics forecast a decline in OLED TV production in the second quarter of this year due to foreseeable declines in demand due to the coronavirus pandemic.During an earnings report on April 29, Ha Jin-ho of LG’s Home Entertainment business said such adjustments were “inevitable” given the curr

South Korea’s Samsung Electronics will be supplied once again by Sharp Corp. with large-sized LCD panels, according to publications Nikkei and Sankei on May 2.This would mark the fourth time for Sharp to supply Samsung. The panels are to be shipped to Samsung by the end of this year. Following its a

US-based Broadcom, maker of chips for power smartphones, computers and networking equipment, has pledged not to offer incentives to TV and modem makers to encourage them to acquire more than 50% of their products worldwide or in Europe, according to the foreign press on April 28.“In these uncertain

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.

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

This year’s global TV shipments are expected to fall 8.7% on-year in 2020 to 203.5 million units in the aftermath of the coronavirus outbreak that has dampened consumer sentiment, according to market research firm Omdia on April 1.Prior to the pandemic, Omdia had put the shipment volume at 225.4 mil

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

On Mar. 20, 2020 LG Display’s new CEO Chung Ho-young said through a letter to shareholders that the display maker will continue to face the challenges to strengthen its core competitive edge centering on OLED panels.He also touched upon the impact of the COVID-19, also known as the coronavirus, fore

LG Display is struggling with low yield of rollable OLED panels for televisions due to using glass substrates.Industry sources on Mar. 11 said LG Display seems to be using ultra-thin glass substrates with a thickness of under 0.2mm for the rollable panels. Due to this material, not only has the yiel

Global TV makers are affected to experience disruptions to their production up until May this year on account of the coronavirus, also known as COVID-19, according to industry sources on Mar. 6.During the months of February and March, manufacturers are estimated to have suffered production losses of

The world’s largest electronics company Samsung Electronics has diversified its Micro-LED supply chain to include Taiwan’s Epistar Corp., according to industry sources on Mar. 3.The move appears to be aimed at upholding Samsung’s pledge to launch Micro-LED TVs in the latter half of this year, the so

Samsung Electronics is planning to ship up to 8 million QLED TVs this year, up nearly 50% from last year’s 5.3 million in a bid to widen its gap with key rival LG Electronics in the high-end TV market, according to industry sources on Feb. 27.Samsung’s market share in the global QLED market was arou

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

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

South Korean display maker LG Display is expected to begin mass productions at its Guangzhou plant in China producing large-sized OLED panels immediately after the lunar New Year’s holiday ending on Jan. 28, according to industry watchers on Jan. 16.This follows on the heels of events held in China

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

Samsung Electronics will be introducing its premium, bezel-less TV at the upcoming Consumer Electronics Show (CES) in 2020, according to sources on Dec. 27.During an internal meeting ahead of the launch, CE chief Kim Hyun-seok XX and other executives gave the product a two-thumbs up, the sources sai

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

Samsung Display is reportedly in last-minute talks with Chinese display maker HKC to sell its Gen-8 LCD production line, according to industry sources on Dec. 5.Called the 8-1 Line Phase 1 or the 8A line, its operations were halted in the middle of this year. Previously, it used to churn out a month