lg lcd panel specs made in china

Guangzhou qiangfeng electronics co., LTD was formally established in 2010, the registered capital of one million yuan, is a company with powerful strength and abundant resources LCD,is Innolux Corporation (Taiwan) company special authorization of professional distributors,mainly manages the brand have: Innolux,AUO, LG, BOE, HKC, SHARP, PANDA etc., can be in Hong Kong, and overseas countries for LCD SKD product distribution services,the company to "focus on quality, service" business philosophy, hope to expand the market at the same time providing customers with value of products and services,to create core values for display field.Our products are widely recognized and trusted by users and can meet continuously changing economic and social needs.We welcome new and old customers from all walks of life to contact us for future business relationships and mutual success.

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To properly experience our LG.com website, you will need to use an alternate browser or upgrade to a newer version of internet Explorer (IE10 or greater).

The LG.com website utilizes responsive design to provide convenient experience that conforms to your devices screen size. In order to get the best possible experience our LG.COM website please follow below instructions. If you’re using Internet Explorer 9 or earlier, you will need to use an alternate browser such as Firefox or Chrome or upgrade to a newer version of internet Explorer (IE10 or greater).

Guangzhou qiangfeng electronics co., LTD was formally established in 2010, the registered capital of one million yuan, is a company with powerful strength and abundant resources LCD,is Innolux Corporation (Taiwan) company special authorization of professional distributors,mainly manages the brand have: Innolux,AUO, LG, BOE, HKC, SHARP, PANDA etc., can be in Hong Kong, and overseas countries for LCD SKD product distribution services,the company to "focus on quality, service" business philosophy, hope to expand the market at the same time providing customers with value of products and services,to create core values for display field.Our products are widely recognized and trusted by users and can meet continuously changing economic and social needs.We welcome new and old customers from all walks of life to contact us for future business relationships and mutual success.

SEOUL (Reuters) - LG Electronics Inc.is creating its smallest plasma display panel for the Chinese TV market, a company spokesman said on Monday, as the loss-making flat screen division struggles to diversify its customer base.A saleswoman demonstrates the use of an LG Electronics 55-inch Full-HD LCD TV equipped with a liquid crystal display from LG.Philips at the Korea Electronics Show in Goyang, October 11, 2005. LG Electronics Inc. is creating its smallest plasma display panel for the Chinese TV market, a company spokesman said on Monday, as the loss-making flat screen division struggles to diversify its customer base. REUTERS/You Sung-Ho

South Korea-based LG, the world’s No. 2 maker of plasma display panels (PDPs), will supply 32-inch plasma panels -- the smallest the company has ever produced -- for unspecified Chinese TV set makers, the spokesman said.

He added LG would offer its 32-inch PDP screens at a lower price than similar-sized LCD panels but did not give a price. Production volume has yet to be decided.

It said on Friday it would halt production at the smallest of its three domestic plasma panel lines before the end of June, a move analysts see as a step towards a broader restructuring.

Plasma screens, which once dominated the 40-inch-and-larger TV market with cheaper price tags and technical advantages, have been pummeled in a price war with liquid crystal display (LCD) screens backed by larger production lines and economies of scale.

LG Display this month started production at its 8.5th Generation OLED manufacturing facility in Guangzhou, China. When fully ramped, total capacity of the factory will be 90,000 substrates per month. The plant will produce 55, 65, and 77-inch high-resolution panels for televisions. In fact, LG’s goal is to make 10 million large size OLED panels per year by 2022, which means to more than double its current output.

The new 8.5G OLED panel plant is a nine-level building above the ground that occupies a 74,000 m² piece of land and provides 427,000 m² of floor space. Initial capacity of the manufacturing facility will be 60,000 2200×2500 mm substrates per month, which will be expanded to 90,000 sheets per month by 2021. The factory will be operated by LG Display High-Tech China, a joint venture between LG Display and Guangzhou Development District, in which the former holds a 70% stake (with ~$2,150 billion in capital).

Facing cut-throat competition from various makers of liquid crystal displays, LG Display recently set a strategic goal to significantly expand production of large OLED panels in a bid to serve more lucrative and growing market segments. LGD says that it sold 2.9 million huge OLED panels in 2018 and expects to sell 3.8 million large panels this year, which will turn this business to profitability. Citing market researchers, the manufacturer says that demand for OLED TVs and panels is growing and to that end, it makes a great sense to invest in OLED plants.

Right now, LG makes 70,000 8.5G OLED substrates at its plant near Paju, South Korea. The company is building a 10.5th Generation OLED plant near Paju that will produce 45,000 of 2940×3370 mm substrates per month when it is ready in 2022. Combined, LGD will manufacture 160,000 8.5G OLED substrates and 45,000 10.5G OLED sheets a month in 2022. The company hopes that its expanded manufacturing capacity will enable it to make 10 million of large OLED panels per year by 2022.

Seoul, Korea (Sept. 1, 2014) - LG Display, the world"s leading innovator of display technologies, announced today that it held an opening ceremony of its first overseas LCD panel fabrication plant in Guangzhou, China, expanding its presence by adding to its existing module assembly plant in the city.

With plans to mass produce 40-plus-inch large-size LCD panels for TVs in the 8.5th generation plant, LG Display will further enhance its competitiveness in China, the world"s largest LCD TV market, thereby strengthening its leading position in the global market.

The new 8.5th generation (2,200mm x 2,500mm) LCD panel plant will be operated by LG Display China (LG Display China Co., Ltd, LGDCA), a joint venture between LG Display, the Guangzhou Development District (GDD), and Skyworth, one of the leading Chinese TV manufacturers and strategic partner to LG Display. LG Display contributed 70 percent of the $4 billion investment in the plant on the 330,000㎡ site, while GDD and Skyworth contributed 20 percent and 10 percent, respectively.

"By operating our first overseas LCD panel plant in China which has now became the world"s biggest TV market, we are going to further strengthen our position in the country," said Dr. Sang Beom Han, CEO and President of LG Display, at the ceremony attended by top executives from LG group, representatives of major Chinese TV manufacturers and government officials from China and Korea. "Based on our success in China, LG Display will continue to lead the global display market," he added.

The LG Display China facility will mainly focus on producing 42-inch, 49-inch and 55-inch Ultra HD and Full HD panels, aiming to advance its leadership in the Chinese premium TV market. The company will produce 60,000 sheets per month based on input glass sheets in the initial stage of operation and achieve full capacity of 120,000 sheets per month by the end of 2016.

The Guangzhou panel plant will enable LG Display to solidify its competitiveness in China as well as the global market by saving costs, improving on-time local delivery, and providing fast technical support to Chinese customers.

LG Display is confident that the Guangzhou plant will improve production efficiency. The company believes that maximizing production efficiency, combined with differentiated strategies such as making high-end, high value-added products and developing niche markets, will maintain its global leadership. The company is expecting improved cost advantages in terms of logistics and lower tariffs by locating in Guangzhou, close to major Chinese TV makers, including Skyworth, Konka, and TCL, operating in Guangdong Province.

The Guangzhou panel plant also has achieved a landmark by being recognized by the Chinese government as the country"s first "Green Plant" after it passed a stringent certification process as part of the "Green China Policy."

In being recognized as China"s first "Green Plant," the new LG Display facility had to pass China"s Certification System as well as seven international certifications, including Environmental Management (ISO14001) and Safety and Health Management (OHSAS18001). This reflects LG Display"s commitment to creating an environmental-friendly production strategy, which was highlighted by applying the international standard system from the initial stage of the Guangzhou panel plant"s construction.

Until now, LG Display"s overseas production operations have focused on the manufacturing of modules in Nanjing, Guangzhou and Yentai in China as well Wroclaw, Poland and Reynosa, Mexico to better serve worldwide customers. The addition of the LCD panel plant in China will further bolster the LG Display"s local production base.

LG Display Co., Ltd. [NYSE: LPL, KRX: 034220] is the world"s leading innovator of display technologies including thin-film transistor liquid crystal displays (TFT-LCD), OLEDs and flexible displays. The company manufactures and provides display panels in a broad range of sizes and specifications primarily for use in TVs, notebook computers, desktop monitors, and various other applications including tablets, mobile devices. LG Display currently operates eight fabrication facilities in Korea and seven back-end assembly facilities in Korea, China, Poland, and Mexico. The company has a total of approximately 53,000 employees operating worldwide. For more news and information about LG Display, please visit www.lgdnewsroom.com.

LG Display and Samsung Display are struggling to find their ways out of the deterioration of their performance even after withdrawing from production of liquid crystal display (LCD) panels. The high-priced organic light emitting diode (OLED) panel sector regarded as a future growth engine is not growing fast due to the economic downturn. Even in the OLED panel sector, Chinese display makers are within striking distance of Korean display makers, experts say.

On Aug. 30, Display Supply Chain Consultants (DSCC), a market research company, predicted that LCD TV panel prices hit an all-time low in August and that an L-shaped recession will continue in the fourth quarter. According to DSCC, the average price of a 65-inch ultra-high-definition (UHD) panel in August was only US$109, a 62 percent drop from the highest price of US$288 recorded in July in 2021. The average price of a 75-inch UHD panel was only US$218, which was only about half of the highest price of US$410 in July last year. DSCC predicted that the average panel price in the third quarter will fall by 15.7 percent. As Chinese companies’ price war and the effect of stagnation in consumption overlapped, the more LCD panels display makers produce, the more loss they suffer.

As panel prices fell, manufacturers responded by lowering facility utilization rates. DSCC said that the LCD factory utilization rate descended from 87 percent in April to 83 percent in May, 73 percent in June, and 70 percent in July.

Now that the LCD panel business has become no longer lucrative, Korean display makers have shut down their LCD business or shrunk their sizes. In the LCD sector, China has outpaced Korea since 2018. China’s LCD market share reached 50.9 percent in 2021, while that of Korea dropped to 14.4 percent, lower than Taiwan’s 31.6 percent.

Samsung Display already announced its withdrawal from the LCD business in June. Only 10 years have passed since the company was spun off from Samsung Electronics in 2012. LG Display has decided to halt domestic LCD TV panel production until 2023 and reorganize its business structure centering on OLED panels. Its Chinese LCD production line will be gradually converted to produce LCD panels for IT or commercial products. TrendForce predicted that LG Display will stop operating its P7 Plant in the first quarter of next year.

Korean display makers’ waning LCD business led to a situation in which Korea even lost first place in the display industry. Korea with a display market share of 33.2 percent was already overtaken by China with 41.5 percent) in 2021 according to market researcher Omdia and the Korea Display Industry Association. Korea’s market share has never rebounded in for five years since 2017 amid the Korean government’s neglect. Seventeen years have passed since 2004 when Korea overtook Japan to rise to the top of the world in the LCD industry. Korea’s LCD exports amounted to more than US$30 billion in 2014, but fell to US$21.4 billion last year.

A bigger problem is that Korean display makers may lose its leadership in the OLED panel sector although it is still standing at the top spot. While Korea’s OLED market share fell from 98.1 percent in 2016 to 82.8 percent last year, that of China rose from 1.1 percent to 16.6 percent. Considering that the high-end TV market is highly likely to shrink for the time being due to a full-fledged global consumption contraction, some analysts say that the technology gap between Korea and China can be sharply narrowed through this looming TV market slump. According to industry sources, the Chinese government is now focusing on giving subsidies to the development of OLED panel technology rather LCD technology. On the other hand, in Korea, displays were also wiped out from national strategic technology industry items under the Restriction of Special Taxation Act which can receive tax benefits for R&D activities on displays.

LG Display saw a decrease in panel shipments in the fourth quarter due to worsening macroeconomic conditions, as set makers’ inventory adjustments further impacted demand in the high-end product sector which had been solid.

The company recorded a quarter-on-quarter increase in revenues by 8% thanks to increased panel shipments for mobile devices, while reporting an operating loss due to a continuous decline in mid-sized panel prices and a high-intensity action plan of utilization adjustment to decrease inventory.

Panels for TVs accounted for 25% of revenues in the fourth quarter, while panels for IT devices including monitors, laptops and tablet PCs accounted for 34%, panels for mobile and other devices accounted for 34%, and those for automobiles accounted for 7%.

LG Display will make all-out efforts to improve the financial structure by strengthening its operations focusing on market-to-order business in response to market volatility and economic uncertainty.

With respect to the market-to-order business which now accounts for 30% of its revenue, LG Display will expand its share in revenue by over 40% in 2023 and 50% in 2024 to establish a stable profit structure resilient to market conditions. In addition, the company will further strengthen its position in the automotive display sector and continue to lead the mid-sized OLED market including tablet PCs, as the rise in smartphone panel shipments in the second half of 2023 is expected to add positive fuel to its efforts to enhance its market-to-order business.

After the company’s decision to end its LCD TV panel production in Korea, LG Display"s large-sized OLED business was evaluated by an external institution and divided into separate cash-generating unit in accordance with related accounting standards and objective procedures. The company’s large-sized OLED business was reflected KRW 1,331 billion as asset impairment loss after calculated by an external institution, causing the net loss to expand. Considering it occurred only in the financial statement without actually affecting business operations, it is in turn expected to remove possible uncertainties in the company’s businesses in the future.

For its large-sized OLED business, LG Display will further strengthen its profit structure by improving competitiveness in products and costs while concentrating continuously on qualitative growth. In addition, the company will make efforts to enhance its market position by further improving its fundamental competitiveness with its OLED technology, as well as expanding its market-creating business with high growth potential such as Transparent and Gaming OLED panels.

LG Display will also secure financial soundness by minimizing its investment such as investing only in essential and market-to-order businesses, while maintaining its inventory at the minimum level and flexibly adjusting production accordingly.

“Our preemptive move to reduce the company’s inventory in the fourth quarter is expected to improve our performance down the road, and the quarterly result is also expected to improve as we continue to intensely reduce our costs,” said Sung-hyun Kim, CFO and Senior Vice President at LG Display.

LCD manufacturers are mainly located in China, Taiwan, Korea, Japan. Almost all the lcd or TFT manufacturers have built or moved their lcd plants to China on the past decades. Top TFT lcd and OLED display manufactuers including BOE, COST, Tianma, IVO from China mainland, and Innolux, AUO from Tianwan, but they have established factories in China mainland as well, and other small-middium sizes lcd manufacturers in China.

China flat display revenue has reached to Sixty billion US Dollars from 2020. there are 35 tft lcd lines (higher than 6 generation lines) in China,China is the best place for seeking the lcd manufacturers.

The first half of 2021, BOE revenue has been reached to twenty billion US dollars, increased more than 90% than thesame time of 2020, the main revenue is from TFT LCD, AMoled. BOE flexible amoled screens" output have been reach to 25KK pcs at the first half of 2021.the new display group Micro LED revenue has been increased to 0.25% of the total revenue as well.

Established in 1993 BOE Technology Group Co. Ltd. is the top1 tft lcd manufacturers in China, headquarter in Beijing, China, BOE has 4 lines of G6 AMOLED production lines that can make flexible OLED, BOE is the authorized screen supplier of Apple, Huawei, Xiaomi, etc,the first G10.5 TFT line is made in BOE.BOE main products is in large sizes of tft lcd panel,the maximum lcd sizes what BOE made is up to 110 inch tft panel, 8k resolution. BOE is the bigger supplier for flexible AM OLED in China.

As the market forecast of 2022, iPhone OLED purchasing quantity would reach 223 million pcs, more 40 million than 2021, the main suppliers of iPhone OLED screen are from Samsung display (61%), LG display (25%), BOE (14%). Samsung also plan to purchase 3.5 million pcs AMOLED screen from BOE for their Galaxy"s screen in 2022.

Technology Co., Ltd), established in 2009. CSOT is the company from TCL, CSOT has eight tft LCD panel plants, four tft lcd modules plants in Shenzhen, Wuhan, Huizhou, Suzhou, Guangzhou and in India. CSOTproviding panels and modules for TV and mobile

three decades.Tianma is the leader of small to medium size displays in technologyin China. Tianma have the tft panel factories in Shenzhen, Shanhai, Chendu, Xiamen city, Tianma"s Shenzhen factory could make the monochrome lcd panel and LCD module, TFT LCD module, TFT touch screen module. Tianma is top 1 manufactures in Automotive display screen and LTPS TFT panel.

Tianma and BOE are the top grade lcd manufacturers in China, because they are big lcd manufacturers, their minimum order quantity would be reached 30k pcs MOQ for small sizes lcd panel. price is also top grade, it might be more expensive 50%~80% than the market price.

Panda electronics is established in 1936, located in Nanjing, Jiangshu, China. Panda has a G6 and G8.6 TFT panel lines (bought from Sharp). The TFT panel technologies are mainly from Sharp, but its technology is not compliance to the other tft panels from other tft manufactures, it lead to the capacity efficiency is lower than other tft panel manufacturers. the latest news in 2022, Panda might be bougt to BOE in this year.

Established in 2005, IVO is located in Kunsan,Jiangshu province, China, IVO have more than 3000 employee, 400 R&D employee, IVO have a G-5 tft panel production line, IVO products are including tft panel for notebook, automotive display, smart phone screen. 60% of IVO tft panel is for notebook application (TOP 6 in the worldwide), 23% for smart phone, 11% for automotive.

Besides the lcd manufacturers from China mainland,inGreater China region,there are other lcd manufacturers in Taiwan,even they started from Taiwan, they all have built the lcd plants in China mainland as well,let"s see the lcd manufacturers in Taiwan:

Innolux"s 14 plants in Taiwan possess a complete range of 3.5G, 4G, 4.5G, 5G, 6G, 7.5G, and 8.5G-8.6G production line in Taiwan and China mainland, offering a full range of large/medium/small LCD panels and touch-control screens.including 4K2K ultra-high resolution, 3D naked eye, IGZO, LTPS, AMOLED, OLED, and touch-control solutions,full range of TFT LCD panel modules and touch panels, including TV panels, desktop monitors, notebook computer panels, small and medium-sized panels, and medical and automotive panels.

AUO is the tft lcd panel manufacturers in Taiwan,AUO has the lcd factories in Tianma and China mainland,AUOOffer the full range of display products with industry-leading display technology,such as 8K4K resolution TFT lcd panel, wide color gamut, high dynamic range, mini LED backlight, ultra high refresh rate, ultra high brightness and low power consumption. AUO is also actively developing curved, super slim, bezel-less, extreme narrow bezel and free-form technologies that boast aesthetic beauty in terms of design.Micro LED, flexible and foldable AMOLED, and fingerprint sensing technologies were also developed for people to enjoy a new smart living experience.

Hannstar was found in 1998 in Taiwan, Hannstar display hasG5.3 TFT-LCD factory in Tainan and the Nanjing LCM/Touch factories, providing various products and focus on the vertical integration of industrial resources, creating new products for future applications and business models.

driver, backlight etc ,then make it to tft lcd module. so its price is also more expensive than many other lcd module manufacturers in China mainland.

Maclight is a China based display company, located in Shenzhen, China. ISO9001 certified, as a company that more than 10 years working experiences in display, Maclight has the good relationship with top tft panel manufacturers, it guarantee that we could provide a long term stable supply in our products, we commit our products with reliable quality and competitive prices.

Maclight products included monochrome lcd, TFT lcd module and OLED display, touch screen module, Maclight is special in custom lcd display, Sunlight readable tft lcd module, tft lcd with capacitive touch screen. Maclight is the leader of round lcd display. Maclight is also the long term supplier for many lcd companies in USA and Europe.

If you want tobuy lcd moduleorbuy tft screenfrom China with good quality and competitive price, Maclight would be a best choice for your glowing business.

This LG offering is action packed with a top notch led screen, an IPS panel system, Dolby sound system and tiny bezel; creating a TV that is so outstanding that it leaves its competitors in the dust.

This year, Samsung, LG, and other Korean panel giants have announced the cessation of LCD panel production. In addition, to the local retention of part of the production capacity, these companies are basically out of the LCD market. They will now focus on the OLED market but even here, the competition is growing. In the OLED market, Chinese companies are catching up even faster, and the competition in this market is not easy.

According to recent reports, in 2019 the global OLED panel market, Samsung leads all other manufacturers. The South Korean manufacturer had an 85.4% market share. In second place was Chinese display manufacturer, BOE, with only 3.6% market share. LG ranks fourth with 2.8% market share after Pfizer in third position. However, LG’s strength is in the large size OELD panels market. It only recently started entering the small/medium panels market.

Although Samsung and LG are conveniently leading the OLED market presently, Chinese manufacturers are rising fast. The likes of BOE, Huaxing Optoelectronics, Pegasus Microelectronics, Vivienne, and other companies are vigorously building a 5.5 generation / 6 generation line of OLED production. There are speculations that the Chinese production of OLED panels in the next three years will increase significantly.

South Korean companies are worried that not only have Chinese companies have increased their production capacity significantly but after mastering LCD and OLED panel production technologies, they also have the same competing capital in the new generation of display technologies, such as mini LEDs, micro LEDs, and other emerging display panels. South Korean companies fear that if such development continues, Chinese companies will sooner or later take control of the entire industry chain, from upstream equipment to downstream products.

LG managed to cut the manufacturing cost of its OLED TV panels by quite a significant margin with the help of its factory in China. Its cost-cutting efforts are said to affect the production of an even wider range of TVs in the future, which could possibly create a positive ripple effect for consumers. LG is known for many things, from its range of smart appliances to high-end OLED TVs and even its tech-infused face mask.

Aside from producing various innovative smartphone models over the years, the South Korean tech giant is also known as one of the biggest suppliers of LCD and OLED display panels. LG Display, a subsidiary of LG, has been operating for over 20 years now, supplying display panels for renowned tech companies such as Apple, ASUS, Dell, Philips, and Sony. With the arrival of LG"s rumored 97-inch TV reportedly just around the corner, it makes sense for LG to find means of ensuring the cost of its panels won"t surpass the retail price of its TVs.

It seems like LG"s already taking measures for just that, and it all starts with its latest LG Display factory which opened last year in Guangzhou, China. According to flatpanelshd, its Chinese factory was able to lower the cost of its 48-inch displays by up to 14%. This was achieved by minimizing its cost and expenses in terms of overhead, labor, depreciation, and sales management. While the results affected only certain displays, the Display Supply Chain Consultants, a group that specializes in display-based supply chains, believes the same will also apply to its 65-inch displays soon, as well as double LG"s display panel sales from 2020. In addition, LG"s Guangzhou factory is said to be capable of manufacturing various display panel sizes at reduced production costs.

LG might have folded in the smartphone game, but its impact in the broader consumer electronics spectrum is still significant. That said, many well-known brands like Sony and Panasonic still rely on LG for their smart TV displays, and LG"s cost-cutting measures should allow it to meet larger demands faster and more efficiently. This also helps hasten the mass production of its much larger 80 to 100-inch TVs in the process, possibly allowing them to hit shelves sooner than anticipated.

While this might not exactly guarantee that consumers will soon be getting bigger TV screens for cheaper prices, it could likely increase supplies for larger TV sets. The more supply of such bigger-screen TVs appearing on the market relative to its consumer demand, the better the likelihood of their prices becoming more affordable. Of course, consumers shouldn"t hold their breath much in terms of drastic price reductions any time soon, especially since LG is still very much capable of charging customers $100,000 for a TV.