lg lcd panel issues factory

LG Display Co., a major South Korean display maker, is expected to stop producing liquid-crystal display panels for TV by the end of this year at the earliest, industry sources said Monday, amid falling profitability and fierce competition from Chinese rivals.

The company said in a regulatory filing last week that it was reviewing an end of production at its LCD TV panel factory in Paju, north of Seoul, without specifying the exact date of production suspension.

The panel maker has been scaling down its loss-making LCD TV panel business, with a goal of discontinuing domestic production as early as possible. It has also said it will reduce production in China in a phased manner.

Demand was falling at an "unprecedented level" both for LCD and premium organic light-emitting diode panels, the company said during an earnings call in October, after years of pandemic-driven strong growth for personal IT devices.

Facing mounting challenges, the company has been trying to turn its business around by putting more resources in LCD panels for IT products and high-margin OLED business and expanding its high-value make-to-order business.

Kim Yang-jae, an analyst at Daol Investment & Securities, forecast OLED panels will make up for more than 60 percent of LG Display"s revenue by 2023, up from less than 40 percent in 2021.

LG Display"s fourth-quarter operating profit is forecast to be around 515.9 billion won, according to an estimate by Yonhap Infomax, the financial news and information arm of Yonhap News Agency.

Samsung Display, Samsung Electronics" display unit, had scaled down its LCD TV panel business since mid-2010 and completely stopped production in June.

After an OLED TV in 2020? There may be a problem – as LG Display’s new Gaungzhou factory is still months behind schedule, and yet to get its manufacturing line up and running (via OLED-info).

IHS Markit, a global information provider based in the UK, has reduced its forecast for LG’s OLED TV production in the coming year, from 5 million to 4.5 million – and that number could reduce further if problems persist.

What’s the issue? We’re yet to hear from LG Display itself on the continued delay, but the new factory is reportedly employing a number of new technologies designed to improve the efficacy of production – compared to the LG factory in Paju, South Korea – and which may be causing issues.

With new 2020 smart TV ranges starting to be shown off, and LG Display still the only manufacturer producing large-screen OLED panels, any hiccup in the production process could set back the number of sets available worldwide, and lead to shortages in various retailers or territories – or at the very least delay the release dates for various OLED televisions landing this year, most of which have yet to commit to specific days for release.

SEOUL/TAIPEI/TOKYO -- With windfalls from COVID-19 fading, LG Display is grappling with a record loss as sinking demand, supply chain issues and advancements by Chinese rivals threaten its long-term position in the market.

LG Display said Wednesday that group revenue sank 6% on the year in July-September to 6.77 trillion won ($4.72 billion). Operating loss for the quarter totaled a record 759 billion won, in contrast to the profit of 529 billion won from a year earlier.

IS THERE A BOSE SOUNDTOUCH sound bar connected to the LG TV? If yes and, in a dormant state when viewing television, please be cognizant of the following function of the sound bar:

Incident replicated at the factory. It so happens that when a BOSE sound bar is connected to an LG TV and not being operated, LG TV AUDIO SOUND OUT option set to TV INTERNAL SPKR or HEADPHONE, after 20 minutes of viewing TV, the sound bar, being completely inactive, sends a HDMI CEC command to the television to go into “stand-by” mode, therefore powering “off” the TV.

Others reported having achieved success in resolving the issue by un-plugging the AC cable from the rear of the TV and the AC wall socket then re-inserting both ends ensuring lug terminals fully inserted. Then, firmly but gently tap the rear panel with the palm of your hand to shake off the accumulated dust inside on the Printed Circuit Boards.

“I have a LG UK6300PUE Smart TV that, due to a butt-operated Fire Stick voice remote, started to cycle on/off on a regular basis. Despite numerous hard resets of AC power, disconnecting all attached devices (router, laptop, Fire Stick), continuous operation of the remote (power, home, input, settings, etc.) the cycling continued when set was plugged in. I eventually used the Fire Stick remote to voice control the set to turn off, then on. Cycling stopped. 4 hours of my life wasted.”

“CEC control using Alexa voice commands on Fire Stick turned out to be the culprit. My LG Smart TV started to cycle on then off with about a 5 sec period. The cycling continued even after disabling Fire Stick. After an hour of disconnects and reboots, a single voice command on my Fire Stick remote to turn LG TV off did the trick. After repowering, cycling was eliminated.”

“Low battery on Fire Stick remote DID cause LG OLED to turn off and on rapidly. Thanks as in business for 35 years and never would have figured out. Had it down to TV, but changed batteries in remote and done. Had me freaking about my high dollar TV! Thanks.”

From time to time, customers might experience some oddball issue that is still unknown to LG engineers. Should it be the case, we must carefully examine the problem in-depth. There are programming discrepancies that accidentally slip through. It happens.

Anytime such an issue is experienced by a customer, it should be urgently reported to LG Electronics so that our software engineers may investigate, identify and get some resolution going.

Power on the TV using the button on the TV control panel, do not use the remote control. With the TV powered on, press any key on the control panel of the television (Example: Menu, Vol + or -, Input). Does any menu or on screen display appear?

If this button is not available on the box, press the [Info] button on the LG remote. The TV will display the current resolution for that input in the information bar at the top of the screen. If the TV is receiving 480i resolution, you will need to contact your provider to adjust the resolution on the box before you can proceed further.

LG Display has initially intended to halt LCD TV panel production in South Korea by the end of the 2020 while continuing production at its factory in Guangzhou, China.

LG Electronics was especially focused on procuring in-plane switching (IPS) LCD TV panels. LG Display specializes in the technology __ IPS allows for wider viewing angle and color range, as is used in premium LCD TVs.

LG Electronics initially expected that it could procure IPS panels from China’s HKC and Sakai SIO (previously Sharp). But COVID-19 delayed HKC’s ramp up of its H4, 8.6th-generation (2,250mm x 2,600mm) line in China. Sakai SIO in the meantime had difficultly procuring lasses for LCD panel production. Also, for HKC and Sakai SIO, Samsung Electronics is a more important customer than LG. These issues prompted LG Electronics to ask LG Display to extend LCD production.

LG Display produces LCD TV panels at its 7th-generation (1,950mm x 2,250mm) P7 line and 8.5th-generation (2,200mm x 2,500mm) P8 line at Paju. While both lines produce TV panels, P7 makes more of them compared to P8 which focuses on IT panels. Both lines are thought to have production capacities of 120,000 to 130,000 sheets per month.

The higher than expected demand for LCD also played a part in LG Display extending LCD production in Korea. In the third quarter, panel prices increased by 30% from the previous quarter. Price continues to go up.

Not only will P7 and P8 lines extend their production, they may have even higher operations rates than before. LG Display planning to react to demand flexibly.

Samsung Display has previously said it plans to end LCD production by 2020, it continuing to produce them. It has previously said it may extend production from Samsung Electronics’ request. Samsung Display specializes in vertical alignment (VA) LCD panels.

I have problem with my LG TV - LG 65UK7550. It suddenly starts glitching weirdly as you can see in the video. Restoring to factory settings did not help. The image in the movies is fine without any problems, but user interface is glitching and sometimes unresponsive. After a while, it even restarts randomly, and from today it started to take a long time to turn on. Do you think there is a problem with the motherboard or may it be elsewhere?

LG Display (NYSE:LPL) is one of the biggest manufacturers of thin-film transistor liquid crystal display (“TFT-LCD”) panels. However, the market for LCDs is experiencing difficulties with not enough demand to offset the increased supply. As a result, prices for LCDs have been falling, which makes it hard for manufacturers such as LG Display to remain profitable. LCD manufacturers have been feeling the heat and it’s not clear that improvement is to be expected anytime soon.

This is a worrisome development for LG investors because displays are the company"s bread and butter. However, LG has come up with a potential solution to its problems in the LCD market that it hopes will revive its fortunes and maybe calm down investors. What that solution is and how likely it is to solve LG’s woes are will be discussed next.

Prospects of a turnaround in the LCD market are low because LCD manufacturers in China such as BOE and CSOT are ramping up LCD production. There are several 10.5G and larger fabs that have recently started production in China or are close to it. With so much capacity coming online, it’s hard to see how LCD prices can recover.

For example, according to Witsview, 32-inch LCD panels are in oversupply for the month of July and prices could even fall below cash costs. The situation is not much better with larger sized panels. Supplies of 65-inch and 75-inch panels will exceed demand due to new production from BOE and CSOT with their 10.5G and 11G fabs. Not only is excess inventory going up, but prices are also trending down.

LG’s response to the situation in the LCD market is to not engage in anall-out price war where it’s not certain that there will be a winner, but to redirect focus towards the LCD alternative known as organic light-emitting diode (“OLED”) displays. To be more exact, LG is focusing on large panels suitable for big-screen TVs because people are still interested in upgrading to bigger TVs that offer superior picture quality compared to older generations.

This is where OLEDs come into play. While OLEDs have a number of disadvantages compared to LCDs, most people find the picture quality of OLEDs to be superior to that of LCDs. For example, OLEDs have much better contrast because they can display the color black in a way that approaches the real thing. OLEDs are able to do this because they can turn off each pixel, which also reduces power consumption.

On the other hand, LCDs have a much harder time with the color black due to their need for backlights, which can result in light bleeding through. The black in LCD displays comes closer to the color gray for this reason. The ability to accurately display black is one of the most, if not the most, important factors in determining how good the picture quality is of a display. If you want the best picture quality in a TV, then OLED is generally regarded as the number one choice as long as you"re willing to pay higher prices.

Since most people tend to highly value picture quality when watching TV, LG’s decision to focus on OLED makes sense. Unlike LCDs, there are not that many giant fabs cranking out OLEDs and the supply/demand outlook for OLEDs looks much better than the one for LCDs. Manufacturers such as LG should be able to better sustain their margins in OLEDs and hence profitability. At least, on paper. TV panels are also the biggest source of demand for LG as the table below indicates. Panel segment 2018

To take advantage of OLED TVs, LG has invested over $4 billion to increase OLED production capacity. LG is currently conducting a test operation of its new 8.5G OLED fab in China with mass production expected to start in August. An LG official has stated to the media that “the operation of the Guangzhou plant will boost the production of glass substrates from 70,000 units per month to 130,000 to 160,000 units per month.”

An additional benefit of the new plant according to the same official is that it’s not subject to the export restrictions that Japan has recently imposed because the factory procures display parts locally. These export restrictions could potentially be a problem for LG in South Korea. But assuming that there are no hiccups with the new plant, LG will be able to drastically increase its supply of OLED TV panels in the very near future.

LG’s strategy looked sound when they first proposed it, but recent developments have cast some doubt on its viability. For starters, Chinese display manufacturers, BOE in particular, are making much faster progress with OLED than previously anticipated. If BOE continues to progress at its current pace, it may be able to flood the market with large OLED panels much quicker than previously thought. The production capacity of OLEDs is still nowhere near LCDs, but it’s something worth watching.

A second problem is a technological one. Chinese LCD manufacturers have come up with a new type of LCD technology. Manufacturers have figured out how to stack two LCD panels on top of each other and bond them together to create a level of picture quality that was previously unobtainable with LCDs. These dual-layer LCDs threaten the very advantage that OLED was relying on to sway customers towards buying an OLED over an LCD.

By bonding two LCD panels together back to back, manufacturers are able to display “real” black in an LCD. Something that is very important for picture quality as previously stated. The drawback of course is that by using two LCD panels instead of one, the cost goes up. In addition, more circuitry and chips are needed, which also raises costs. LCD TVs that incorporate this new technology will therefore be more expensive than traditional LCD TVs.

However, despite the extra cost of producing these new LCD TVs, they’re still expected to be cheaper than OLED TVs. An extra benefit is that since they’re LCDs, they do not suffer the problem of burn-in like OLEDs do. The first TV model using “BD Cell” LCD technology from BOE will be released by HiSense in the second half of 2019. If they can match OLEDs in picture quality at a lower price, then the future of OLED TVs may not be so bright after all.

Last year was not a good year for LG as the company ended the year with a loss. If one U.S. dollar equals 1180 South Korean won, then revenue and loss in 2018 came in at $20.6B and $152M respectively. A sharp turnaround compared to the year before when revenue and profit amounted to $23.6B and $1.6B respectively. Unit: million won 2017 2018

The slide has continued in the first quarter of 2019. LG reported $4.98B as revenue and a loss of $53M in Q1 2019. Considering the fact that panel prices have continued to go down in Q2, it’s almost certain that LG will report another loss for Q2. Hence the need for LG to find a new growth driver that can get the company out of the red. Unit: million won Q1 2019

LG has been banking on OLED TV panels for a turnaround, but that looks more and more unlikely. Instead, LG may get hit by a double whammy. Rival manufacturers in China are making faster progress with OLED and OLED demand may be reduced because LCDs remain a competitive option due to technological innovation.

If OLED is not the answer to its problems in the display market, then there is no reason to go long LPL even though the stock is at multi-year lows. All indications are that the worse has yet to come in the display market. LG will have to find another solution to become profitable again. OLED is unlikely to be it.

LG Display announced its financial results for Q2 2022, with a net loss of around $290 million (down from a profit of around $320 million a year ago) as the company"s sales dropped 14.6%.

LGD says that the loss was due to weak demand for TV and IT displays, coupled with supply chain issues and the lockdowns in China. LGD says it plans to continue and reduce its LCD TV business, and to stop LCD production in Korea in 2023, earlier than expected before. The company will focus instead on OLED TV panels and the automotive market, and will aim to open up new markets for transparent and gaming OLEDs.

After a long, hard day, you finally sit down to catch up on your favorite show. But when you hit the power button on your remote control, your TV screen stays black! You try pressing the remote’s power button again and again from every angle, but still, your TV has no picture. If this sounds familiar, you’ve likely fallen victim to one or more TV screen issues.

What causes a TV screen to go black? Software issues, loose connections, or backlight problems are usually behind black TV screens. Learn about each of these causes and get tips for troubleshooting them so you can get back to relaxing with your favorite TV shows, movies, and video games.

Unplug the TV from the wall, and, if possible, remove the power cord from the back of the TV to perform a soft reset. Wait 30 seconds, and plug the TV back into a working outlet to test it again. If you’re still having screen issues, you might want to bring in an expert — they’ll know how to fix your TV’s black screen.

Some TV displays, such as LCD screens, use a backlight to illuminate the picture. If the backlight burns out or stops working, it will result in a blank TV screen.

Rent-A-Center makes it easy to own a new TV, like an LG 65″ 4K UHD Smart TV. From OLED to QLED, we’ve got ultra high-definition TVs with picture quality so crisp, you’ll wonder why you didn’t upgrade sooner. Avoid the headache of your old TV, and shop your favorite TV brands online today. You can even get same-day delivery on qualifying purchases in select areas!

LG Display, a major Korean display maker, is expected to stop producing liquid-crystal display (LCD) panels for TVs by the end of this year at the earliest, industry sources said Monday, amid falling profitability and fierce competition from Chinese rivals.

The company said in a regulatory filing last week that it was reviewing an end of production at its LCD TV panel factory in Paju, Gyeonggi, without specifying the exact date of production suspension.

The panel maker has been scaling down its loss-making LCD TV panel business, with a goal of discontinuing domestic production as early as possible. It has also said it will reduce production in China in a phased manner.

Demand was falling at an "unprecedented level" both for LCD and premium organic light-emitting diode (OLED) panels, the company said during an earnings call in October, after years of pandemic-driven strong growth for personal IT devices.

Facing mounting challenges, the company has been trying to turn its business around by putting more resources in LCD panels for IT products and high-margin OLED business and expanding its high-value make-to-order business.

Kim Yang-jae, an analyst at Daol Investment & Securities, forecast OLED panels will make up for more than 60 percent of LG Display"s revenue by 2023, up from less than 40 percent in 2021.

LG Display"s fourth-quarter operating profit is forecast to be around 515.9 billion won, according to an estimate by Yonhap Infomax, the financial news and information arm of Yonhap News Agency.

Samsung Display, Samsung Electronics" display unit, had scaled down its LCD TV panel business since mid-2010 and completely stopped production in June.

I was having intermittent problems with my 16-inch MacBook Pro and LG UltraFine 5K display. It took me a while to come up with a solution. If you’re experiencing the same thing, I’ll tell you what worked for me.

Sometimes when I powered up the laptop, the external display (I mirror the screens) worked fine. However, sometimes the MacBook Pro and LG display flickered when I powered up my laptop. I had to turn the MacBook Pro off, then power up again.

I THINK, but can’t be sure, that it started when I upgraded to macOS 10.15.6. What finally helped was downloading the free LG Screen Manager from the Mac App Store, which displays all connected LG monitor info. If you’re having the same problem I had, I suggest you do the same.