Large-size OLED panels sales double for LG Display in the first half of 2018

18 Август 2018, 11:02:29

Large-size OLED panels sales double for LG Display in the first half of 2018LG Display has announced that its sales of large-size OLED panels have more than doubled for the first half of 2018 compared to the first half of 2017. The respective absolute values are 1.3 million units in 2018 against 0.6 million units in 2017. LG Display is the current leader and sole manufacturer of large-size OLED panels and maintains its focus on this market niche as it is deemed a "future growth engine as well as a display market game changer". The company plans to sell 2.9 million units for the whole of 2018 compared to 1.7 million units for the whole of 2017. Its plans also include an increase in production volume as LG Display's factory in Paju - a 10.5th generation production facility - is currently under construction. "Many global TV brands have been selecting OLED technology, recognizing its differentiated value, and thus OLED TVs are leading the premium TV market," said Yong-Kee Hwang, President and Head of TV Company at LG Display. He added, "LG Display will pioneer the future TV market by continually developing differentiated products that exceed customer expectations and by responding to the sharply increasing demand for OLED TV through active investment in production capacity."Источник

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