lg lcd panel manufacturer supplier

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.

In both LCD and OLED displays, producing these cells – which are highly complex – is by far the most difficult element of the production process. Indeed, the complexity of these cells, combined with the levels of investment needed to achieve expertise in their production, explains why there are less than 30 companies in the whole world that can produce them. China, for instance, has invested more than 300 billion yuan (approximately $45 billion USD) in just one of these companies – BOE – over the past 14 years.
Panox Display has been involved in the display industry for many years and has built strong and long-term partner relationships with many of the biggest OLED and LCD panel manufacturers. As a result, we are able to offer our clients guaranteed access to display products from the biggest manufacturers.
LG Display was, until 2021, the No. 1 display panel manufacturer in the world. Owned by LG Group and headquartered in Seoul, South Korea, it has R&D, production, and trade institutions in China, Japan, South Korea, the United States, and Europe.
Founded in 2001, AUO – or AU Optronics – is the world’s leading TFT-LCD panel manufacturer (with a 16% market share) that designs, develops, and manufactures the world’s top three liquid crystal displays. With panels ranging from as small as 1.5 inches to 46 inches, it boasts one of the world"s few large-, medium -and small-sized product lines.
AUO offers advanced display integration solutions with innovative technologies, including 4K2K ultra-high resolution, 3D, ultra-thin, narrow bezel, transparent display, LTPS, OLED, and touch solutions. AOU has the most complete generation production line, ranging from 3.5G to 8.5G, offering panel products for a variety of LCD applications in a range of sizes, from as small as 1.2 inches to 71 inches.
Now Sharp is still top 10 TV brands all over the world. Just like BOE, Sharp produce LCDs in all kinds of size. Including small LCD (3.5 inch~9.1 inch), medium LCD (10.1 ~27 inch), large LCD (31.5~110 inch). Sharp LCD has been used on Iphone series for a long time.
Beside those current LCDs, the industrial LCD of Sharp is also excellent and widely used in public facilities, factories, and vehicles. The Sharp industrial LCD, just means solid, high brightness, super long working time, highest stability.
Since its establishment, Truly Semiconductors has focused on researching, developing, and manufacturing liquid crystal flat panel displays. Now, after twenty years of development, it is the biggest small- and medium-sized flat panel display manufacturer in China.
Truly’s factory in Shanwei City is enormous, covering an area of 1 million square meters, with a net housing area of more than 100,000 square meters. It includes five LCD production lines, one OLED production line, three touch screen production lines, and several COG, LCM, MDS, CCM, TAB, and SMT production lines.
Its world-class production lines produce LCD displays, liquid crystal display modules (LCMs), OLED displays, resistive and capacitive touch screens (touch panels), micro camera modules (CCMs), and GPS receiving modules, with such products widely used in the smartphone, automobile, and medical industries. The LCD products it offers include TFT, TN, Color TN with Black Mark (TN type LCD display for onboard machines), STN, FSTN, 65K color, and 262K color or above CSTN, COG, COF, and TAB modules.
In its early days, Innolux attached great importance to researching and developing new products. Mobile phones, portable and mounted DVD players, digital cameras, games consoles, PDA LCDs, and other star products were put into mass production and quickly captured the market, winning the company considerable market share.
Looking forward to the future, the group of photoelectric will continue to deep LCD display field, is committed to the development of plane display core technology, make good use of global operations mechanism and depth of division of labor, promise customers high-quality products and services, become the world"s top display system suppliers, in 2006 in the global mobile phone color display market leader, become "Foxconn technology" future sustained rapid growth of the engine.
Founded in June 1998, Hannstar specializes in producing thin-film transistor liquid crystal display panels, mainly for use in monitors, notebook displays and televisions. It was the first company in Taiwan to adopt the world’s top ultra-wide perspective technology (AS-IPS).
The company has three LCD factories and one LCM factory. It has acquired state-of-the-art TFT-LCD manufacturing technology, which enables it to achieve the highest efficiency in the mass production of thin-film transistor liquid crystal display production technology. Its customers include many of the biggest and most well-known electronics companies and computer manufacturers in Taiwan and overseas.
TCL CSOT – short for TCL China Star Optoelectronics Technology (TCL CSOT) – was founded in 2009 and is an innovative technology enterprise that focuses on the production of semiconductor displays. As one of the global leaders in semiconductor display market, it has bases in Shenzhen, Wuhan, Huizhou, Suzhou, Guangzhou, and India, with nine panel production lines and five large modules bases.
TCL CSOT actively produces Mini LED, Micro LED, flexible OLED, printing OLED, and other new display technologies. Its product range is vast – including large, medium, and small panels and touch modules, electronic whiteboards, splicing walls, automotive displays, gaming monitors, and other high-end display application fields – which has enabled it to become a leading player in the global panel industry.
In the first quarter of 2022, TCL CSOT’s TV panels ranked second in the market, 55 inches, 65 " and 75 inches second, 8K, 120Hz first, the first, interactive whiteboard and digital sign plate; LTPS flat panel, the second, LTPS and flexible OLED fourth.
EDO (also known as EverDisplay Optonics) was founded in October 2012 and focuses on the production of small- and medium-sized high-resolution AMOLED semiconductor display panels.
Tianma Microelectronics was founded in 1983 and listed on the Shenzhen Stock Exchange in 1995. It is a high-tech enterprise specializing in the production of liquid crystal displays (LCD) and liquid crystal display modules (LCM).
After more than 30 years of development, it has grown into a large publicly listed company integrating LCD research and development, design, production, sales, and servicing. Over the years, it has expanded by investing in the construction of STN-LCD, CSTN-LCD, TFT-LCD and CF production lines and module factories across China (with locations in Shenzhen, Shanghai, Chengdu, Wuhan and Xiamen), as well R&D centers and offices in Europe, Japan, South Korea and the United States.
JDI (Japan Display Inc.) was established on November 15, 2011, as a joint venture between the Industrial Innovation Corporation, Sony, Hitachi, and Toshiba. It is dedicated to the production and development of small-sized displays. It mainly produces small- and medium-sized LCD display panels for use in the automotive, medical, and industrial fields, as well as personal devices including smartphones, tablets, and wearables.
Although Sony’s TVs use display panels from TCL CSOT (VA panel), Samsung. Sony still produces the world’s best micro-OLED display panels. Sony has many micro OLED model such as 0.23 inch, 0.39 inch, 0.5 inch, 0.64 inch, 0.68 inch, 0.71 inch. Panox Display used to test and sell many of them, compare to other micro OLED manufacuturers, Sony`s micro OLEDs are with the best image quality and highest brightness (3000 nits max).

Flat-panel displays are thin panels of glass or plastic used for electronically displaying text, images, or video. Liquid crystal displays (LCD), OLED (organic light emitting diode) and microLED displays are not quite the same; since LCD uses a liquid crystal that reacts to an electric current blocking light or allowing it to pass through the panel, whereas OLED/microLED displays consist of electroluminescent organic/inorganic materials that generate light when a current is passed through the material. LCD, OLED and microLED displays are driven using LTPS, IGZO, LTPO, and A-Si TFT transistor technologies as their backplane using ITO to supply current to the transistors and in turn to the liquid crystal or electroluminescent material. Segment and passive OLED and LCD displays do not use a backplane but use indium tin oxide (ITO), a transparent conductive material, to pass current to the electroluminescent material or liquid crystal. In LCDs, there is an even layer of liquid crystal throughout the panel whereas an OLED display has the electroluminescent material only where it is meant to light up. OLEDs, LCDs and microLEDs can be made flexible and transparent, but LCDs require a backlight because they cannot emit light on their own like OLEDs and microLEDs.
Liquid-crystal display (or LCD) is a thin, flat panel used for electronically displaying information such as text, images, and moving pictures. They are usually made of glass but they can also be made out of plastic. Some manufacturers make transparent LCD panels and special sequential color segment LCDs that have higher than usual refresh rates and an RGB backlight. The backlight is synchronized with the display so that the colors will show up as needed. The list of LCD manufacturers:
Organic light emitting diode (or OLED displays) is a thin, flat panel made of glass or plastic used for electronically displaying information such as text, images, and moving pictures. OLED panels can also take the shape of a light panel, where red, green and blue light emitting materials are stacked to create a white light panel. OLED displays can also be made transparent and/or flexible and these transparent panels are available on the market and are widely used in smartphones with under-display optical fingerprint sensors. LCD and OLED displays are available in different shapes, the most prominent of which is a circular display, which is used in smartwatches. The list of OLED display manufacturers:
MicroLED displays is an emerging flat-panel display technology consisting of arrays of microscopic LEDs forming the individual pixel elements. Like OLED, microLED offers infinite contrast ratio, but unlike OLED, microLED is immune to screen burn-in, and consumes less power while having higher light output, as it uses LEDs instead of organic electroluminescent materials, The list of MicroLED display manufacturers:
LCDs are made in a glass substrate. For OLED, the substrate can also be plastic. The size of the substrates are specified in generations, with each generation using a larger substrate. For example, a 4th generation substrate is larger in size than a 3rd generation substrate. A larger substrate allows for more panels to be cut from a single substrate, or for larger panels to be made, akin to increasing wafer sizes in the semiconductor industry.
"Samsung Display has halted local Gen-8 LCD lines: sources". THE ELEC, Korea Electronics Industry Media. August 16, 2019. Archived from the original on April 3, 2020. Retrieved December 18, 2019.
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LG Display (Korean: LG 디스플레이) is one of the world"s largest manufacturers and supplier of thin-film transistor liquid crystal display (TFT-LCD) panels, OLEDs and flexible displays. LG Display is headquartered in Seoul, South Korea, and currently operates nine fabrication facilities and seven back-end assembly facilities in Korea, China, Poland and Mexico.
LG Display was originally formed as a joint venture by the Korean electronics company LG Electronics and the Dutch company Philips in 1999 to manufacture active matrix liquid crystal displays (LCDs) and was formerly known as LG.Philips LCD, but Philips sold off all its shares in late 2008.joint venture, called LG.Philips Displays, dedicated to manufacturing cathode ray tubes, deflection yokes, and related materials such as glass and phosphors.
On 12 December 2008, LG.Philips LCD announced its plan to change its corporate name to LG Display upon receiving approval at the company"s annual general meeting of shareholders on 29 February. The company claimed the name change reflects the company"s business scope expansion and business model diversification, the change in corporate governance following the reduction of Philips" equity stake, and LG"s commitment to enhanced responsible management.
LG Display became an independent company in July 2004 when it was concurrently listed on the New York Stock Exchange (NYSE: LPL) and the South Korean Stock Exchange (KRX: 034220).
They are one of the main licensed manufacturers of the more color-accurate IPS panels used by Dell, NEC, ASUS, Apple (including iMacs, iPads, iPhones, iPod Touches) and others, which were developed by Hitachi.
In December 2010, the EU fined LG Display €215 million for its part in an LCD price fixing scheme.Chimei Innolux, AU Optronics, Chunghwa Picture Tubes Ltd., and HannStar Display Corp.
This followed the 2008 case in the US, when LG Display Co., Chunghwa Picture Tubes and Sharp Corp., agreed to plead guilty and pay $585 million in criminal finesliquid crystal display panels.
LG Display would pay $400 million, the second-highest criminal fine that the US Justice Department antitrust division had ever imposed. Chunghwa would pay $65 million for conspiring with LG Display and other unnamed companies and Sharp would pay $120 million, according to the department.

LG Display is one of the largest manufacturers and suppliers of thin-film transistor (TFT) display panels. The international company began developing TFT-LCDs in 1987 and started mass production in 1995.
LG produce displays for diverse multi-media applications such as TV, IT, mobile, commercial and automotive. Originally based in Korea but currently operating on a global scale, LG aim to bring the dreams of their customers to life with creative thinking and innovative technology.
LG manufacture industrial TFT displays for both TV and monitors. Producing systems that aim to communicate messages and graphics effectively for companies worldwide, the professional and high industrial quality displays that we offer ensure that images are of the best quality, sharp and clear. LG provide great products alongside their great service, allowing them to establish themselves as one of the biggest multinational electronics companies.
As proud LG distributors, here at Display Technology we offer an extensive range of LG TFT displays. Our 10 types of LG displays come in a varying range of sizes, resolutions and brightness levels. Starting with screen sizes from 7” (17.78cm) to 49” (124.46cm), resolutions of 800x480 WVGA, 1280x1024 SXGA and 1920x1080 FHD and with brightness levels ranging from 250cd/m² to 2000cd/m²; there is something to suit all businesses! The TFT displays we offer also have long-term availability and an attractive price to performance rate.
If you would like any more information about the LG solutions we supply at Display Technology please contact us today by phone on +44 (0)1480 411600 or by email at info@displaytechnology.co.uk. You can alternatively use our contact form at the bottom of this page to ask us any questions.

8288 lg lcd panel products are offered for sale by suppliers on Alibaba.comAbout 17% % of these are lcd modules, 2%% are led & lcd tvs, and 1%% are lcd touch screen.
A wide variety of lg lcd panel options are available to you, such as 120hz, 100 hz.You can also choose from kitchen tv, hotel tv lg lcd panel,as well as from pal, ntsc, and secam lg lcd panel,and whether lg lcd panel is 32 inches, or 65 inches.

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There has been a significant shift in the global display industry lately. Apart from new display technologies, the display world is now dominated by players in Asian countries such as China, Korea, and Japan. And rightly so, the world’s best famous LCD module manufacturers come from all these countries.
STONE Technologies is a proud manufacturer of superior quality TFT LCD modules and LCD screens. The company also provides intelligent HMI solutions that perfectly fit in with its excellent hardware offerings.
STONE TFT LCD modules come with a microcontroller unit that has a Cortex A8 1GHz Standard 256MB. Such a module can easily be transformed into an HMI screen. Simple hexadecimal instructions can be used to control the module through the UART port. Furthermore, you can seamlessly develop STONE TFT LCD color user interface modules and add touch control, features to them.
In this post, we list down 10 of the best famous LCD manufacturers globally. We’ll also explore why they became among the reputable LCD module manufacturers in the world.
Samsung is the world’s largest semiconductor and consumer electronics manufacturer by revenue. The electronics giant is well-known for its smartphones and home appliances, but the company also manufactures LCD, LED, and OLED panels.
Probably the most in-demand and popular display panel product for Samsung is their OLED technology. Most of its current smartphones use their trademark Super AMOLED displays. The technology allowed Samsung’s smartphones to be ultra-thin, with better image brightness, and less energy consumption.
Samsung now produces panels for smart TVs. With their ever-evolving technological expertise and high-quality products, the company shows no signs of slowing down as one of the world’s best famous LCD module manufacturers.
Stone provides a professional product line that includes intelligent TFT-LCD modules for civil, advanced, and industrial use. Furthermore, Stone also creates embedded-type industrial PCs. The company’s products are all highly-reliable and stable even when used with humidity, vibration, and high temperatures.
Stone Technologies caters to a wide range of clients and industries, being among the world’s best famous LCD module manufacturers. The company’s products are used in the following industries:
Originally, LG Display was a joint venture of mother company LG Electronics and the Dutch company Phillips. They dedicated the company to creating active-matrix LCD panels. Another joint venture called LG. Phillips Displays was created to manufacture deflection yokes and cathode ray tubes.
However, Phillips decided to start selling its shares in 2008, and the dwindling company shares of Phillips prompted LG to change its corporate name to LG Display with approval from all existing shareholders.
Today, LG Display is headquartered in Seoul, South Korea. The company has eight manufacturing plants in South Korea, specifically in Paju and Gumi. LG Display also operates one module assembly plant in Wroclaw, Poland, as well as two others in Guangzhou and Nanjing, China.
LG Display has risen above the rest because of its world-class module products. Because of this, the company caters to a massive range of famous clients including Hewlett Packard, Apple, Sony, Dell, Acer, and Lenovo. LG Display also creates LCD modules and similar display panels for the company’s television product range.
Innolux Corporation is another famous LCD module manufacturer. This company was established in 2003 and is currently based in Zhunan, Miaoli County, Taiwan.
The company is a well-known manufacturer of display panels in Taiwan. Innolux supplies TFT-LCD and LED panels, open cells, and touch modules for the following products:
What makes Innolux stand out from other LCD module manufacturers is the company’s commitment to its humanistic qualities. Innolux believes that they are in the business to contribute to the well-being and prosperity of their customers. This is then achieved by creating world-class products that satisfy its clients.
Sharp is a Japanese company founded in 1912. It is now based in Sakai, Osaka Prefecture. The company produces various kinds of electronic products including mobile phones, LCD panels, calculators, PV solar cells, and consumer electronics. Sharp has produced TFT-LCD products as early as the 1980s.
For the regular public consumers, Sharp produces a variety of smart TVs and LCD TVs marketed under the Aquos brand. The company’s television line-up boasts of impressively high-quality technology. The TVs are equipped with technologies that support 4K and 8K UHD display, allowing for a great high-resolution viewing experience.
BOE Display is among the leading display manufacturers in the world. The company started in 1993 and is currently based in Beijing, China. Apart from display panels, BOE also manufactures smart systems using IoT technology.
The company proudly utilizes high-end technologies to create world-class display solutions. For instance, AU’s production lines can manufacture a variety of display applications in a full panel size range. The manufacturing lines also support:
Sustainability is among the ultimate goals of AU Optronics. The company takes steps to integrate green solutions into their products for more sustainable development. This commitment to sustainability, among other strong qualities, makes AU Optronics one of the best LCD manufacturers in the world.
Most of these products use TFT-LCD panels alongside other technologies to create ultra-high-definition images. Also, modern Toshiba display products incorporate IoT and artificial intelligence for a smarter product experience.
Kyocera is a Japanese LCD manufacturer. The company started in 1959 as a fine technical ceramics manufacturer but gradually added consumer electronics products to its offerings.
The Japanese company acquired Optrex Corporation in 2012. The acquisition paved the way for creating an R&D center and more production, sales, and marketing bases. Hence, Kyocera’s global LCD business boomed even more.
The company also operates factories, R&D centers, and marketing facilities in Asia, the Middle East, Europe, Africa, North and South America, and Oceania continents. Kyocera has a vast worldwide reach that makes it one of the world’s best famous LCD module manufacturers.
To wrap all this up, we listed 10 of the world’s best famous LCD module manufacturers. These are all highly-respected companies that built their reputations and climbed up the ladder of LCD module manufacturing. Their quality products, dedication to their craft, and excellent customer service truly make them among the world’s best display solutions providers.

LG takes pride as the leading provider of innovative, flexible and feature-packed Commercial Display Products in the market. Boasting the cutting-edge features and modern design, LG Commercial Displays redefines a whole new way of delivering an ultimate viewing experience to enhance engagement with the audience. From Ultra UD OLED monitors for a digital signage network to hospitality TVs for in-room entertainment solutions, LG Commercial Displays offer a variety of display products to meet the demands of every business environment including:
Commercial TVs: Designed with industry-specific features to deliver customized content to entertain your clients. From advanced commercial LED TVs to affordable LG SuperSign TVs, explore our wide variety of options that will fit your display needs.
Digital Signage: Raise your sales with LG Digital Signage and discover our collection of LED Backlit Displays, DS Media Players, Stretch and Touch Screen Displays. Our digital signage displays are available in different sizes and specifications to match the requirements of your business.
Video Walls: LG’s professional-grade video walls are offered in a variety of narrow bezel width (0.44mm, 1.8mm & 3.5mm) that delivers rich content for an ultimate visual experience.
Outdoor Displays: Engage with your audience with Open Frame, Window-Facing or LG MRI Displays featuring the latest technology in digital outdoor displays. Experience a revolutionary way to interact with your consumers in any outdoor environment.

LG Business offers solutions for hotels, restaurants, offices, shops and more, keeping them comfortable, secure and stylish. Choose from a range of commercial displays, enterprise mobility solutions and solar modules that provide specialized solutions for a range of business types. Find commercial appliances and electronics from LG for your business and help make life good.
Commercial Displays: LG Business offers commercial display solutions that are built with the latest innovations and packed with amazing features. Our commercial display products and solutions are tailored to meet the demands of vertical markets including retail, hospitality, healthcare, education and more. From high-quality OLED displays, IT products, digital signage to seamless video walls, discover our line of commercial displays.
Air Conditioning Technologies: As a leading player in the global air conditioning market, LG provides an array of air conditioning and heating products and solutions that are sustainable, energy efficient and affordable.

Each pixel is divided into RGB. Gray scale or the luminance of the sub-pixel color is determined with a 10-bit gray scale signal for each dot. Therefore, LCD Panel can present a palette of more than 1.07Bilion colors.
The LCD Panel is intended to support LCD TV, PCTV where high brightness, super wide viewing angle, high color gamut, high color depth and fast response time are important. .
We have our own warehouses in Shenzhen, and Hongkong, with comprehensive supplying network of LCD panels & open cells for LG, Samsung, AUO, CMO, and other brands.
We have been in original LCD panels industry for more than 10 years and know the main brands" LCD panel price system very well. What"s more, we have our own engineer team to provide our customers guideline for choosing panels for their new projects.
4. During the warranty, if panels’ electronic functions problems occur, customers provide the photos to illustrate the panel’s problem. Once our engineering department has confirmed it is the original factory’s electronic problem, we will take back the panels with problem and replace it with new panels. All freight will be taken by us.
A3: 12months after delivery. During the warranty, if panel"s original factory problems occur, we will take back the panels with problem and replace it with new panels.
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LG Display has started mass-production at its second OLED panel production plant, the company announced Thursday. The new plant, located in Guangzhou, China, has the capacity to initially produce 60,000 OLED sheets a month, which combined with LG’s existing plant in Paju, South Korea means that LG Display’s total OLED production capacity has almost doubled to 130,000 sheets monthly.
According to LG, the panels produced at its new plant will be used to create displays ranging in size from 48 to 77-inches. They’re for TVs, in other words. LG Display is a major supplier of OLED panels for TVs across the industry. 19 brands, including LG, Vizio, Sony, Panasonic, Hisense, Bang & Olufsen, and Toshiba, use LG Display OLED panels in their TVs according to FlatPanelsHD.
The opening of LG Display’s new plant comes as it and competitor Samsung Display are shifting their attention away from LCD panels, which the majority of TVs currently use. LG Display announced earlier this year that it is ending production of LCD TV panels in South Korea, Reutersreports, while Samsung Display said it was ending LCD display production in South Korea and China.
LG Display’s CEO, James Hoyoung Jeong, said he hoped the new plant will “enable more rapid adoption of OLED displays in the market.” He called large OLED displays an “essential growth engine” for LG Display. LG Display says that production capacity could increased to 90,000 sheets a month in the future at the new factory.
By 2021, LG Display has said it wants OLED panels to make up 50 percent of its revenue, up from around 30 percent in 2018, according to Reuters. Samsung Display, meanwhile, is pinning its hopes on quantum dot, with ZDNet reporting that its future QD displays will incorporate an OLED panel rather than the LCD layer used by its existing displays.

After BOE stole LG"s thunder as the main OLED panel supplier for Huawei"s Mate 20 Pro, it has now displaced the Korean company as the world"s largest LCD TV and monitor panel supplier.
According to Sigmaintell Consulting, BOE shipped 54.3 million TV panels and 37.3 million monitor panels. In comparison, LG"s numbers stood at 48.6 million and 34.5 million, respectively.
But analysts think the competition will heat up in 2019 - CEC-Panda LCD Technology and China Star Optoelectronics Technology (CSOT) are about to ramp up production and adopt aggressive pricing strategies. CEC-Panda is expected to compete in the 21.5, 23.8 and 32.5-inch segment while CSOT will focus on the 21.5, 23.6, 31.5-inch markets.
In addition, CEC-Panda will start competing in the high-end monitor segment with AU Optronics and LG Display whereas CSOT wants to make a presence in the curved gaming monitor manufacturing.

While there are many different manufacturers of LCD monitors, the panels themselves are actually only manufactured by a relatively small selection of companies. The three main manufacturers tend to be Samsung, AU Optronics and LG.Display (previously LG.Philips), but there are also a range of other companies like Innolux and CPT which are used widely in the market. Below is a database of all the current panel modules manufactured in each size. These show the module number along with important information including panel technology and a detailed spec. This should provide a detailed list of panels used, and can give you some insight into what is used in any given LCD display.
Note:These are taken from manufacturer product documentation and panel resource websites. Specs are up to date to the best of our knowledge, and new panels will be added as and when they are produced. Where gaps are present, the detail is unknown or not listed in documentation. The colour depth specs are taken from the manufacturer, and so where they specify FRC and 8-bit etc, this is their listing. Absence of such in the table below does not necessarily mean they aren’t using FRC etc, just that this is how the manufacturer lists the spec on their site.
45LG.DisplayOLEDLW450CWQ-ARG13440 x 14400.03ms1.5 million:11000 peak178/1781.07b (10-bit)98.5% DCI-P3OLED240Hz21:9Bendable up to 800ROLED, bendableLate 2022

In the more recent decades, LG Electronics has steadily established a few factories in other countries and places such as New Zealand, Australia, Asian nations, and American countries as well. Some of their Korean plants even migrated to these nations too.
LG opened a new factory in Hai Phong, Vietnam, back in 2015 for the purpose of producing smartphones. In April 2021, however, just 6 years after the LG factory was established, the company decided to discontinue the production of its mobile phones.
It was announced afterward that the Hai Phong plant has been refocusing on the production of household appliances and other electronics since LG Vietnam manufactures led TVs from the start.
LG has factories in China, notably in the industrial city of Guangzhou, China. They produce TVs, smartphones, air conditioners, and other LG products. Production of liquid crystal displays seems to be more of the focus in this plant, as it was listed to be under LG Display.
In 2021, it was reported that LG Display was expanding its production capacity of OLED displays used for their top-tier TVs in the Guangzhou factories due to cheaper labor and materials.
LG Electronics exports up to 10% of their total component production in LG India. One of the TV products initially sold for the Indian market was the ‘mosquito-repelling television,’ which uses ultrasonic waves that causes mosquitoes to avoid the area.
LG factories in LG Indonesia are the longest-running factories for the company, established way back in 1990. Recently, before the COVID-19 pandemic, two factories in Gumi, South Korea[1]are gradually moving production to Indonesia.
These LG Korean plants were migrated as a strategy to better respond to the consumer demands in Southeast Asia and Australia. OLED displays and Ultra HD TVs will be the primary focus of these two production lines.
LG established LG TV factories in Ruza, which manufacture TVs at an estimated 1 million TV units annually. While the facility ships LG products to Eastern European countries, it does face tight competition with Polish LG facilities.
Furthermore, plans are already in place to establish a multi-million EUR plant in Wroclaw, Poland, with LG intent on making it the biggest battery plant in the world. Suffice to say, LG TV factories won’t be leaving Poland anytime soon.
We have LG Russia and Poland for the European market, but what about the USA? In Mexico, LG manufactures TVs for the North American market through its TV factory in Reynosa.
To cope with the demand for LG TVs in the US, South America, and Latin America, Mexico LG reportedly increased its TV production capacity in the country last 2019.
There are industry overlaps in Mexico, the strongest industry being electronic production, which greatly benefits the appliance manufacturing sector. It was reported that more brands are establishing factories in Mexico along with LG.
Their entire range of LED TVs is highly commended for their excellent picture quality. Chinese TV manufacturers are also emulating their TV production.
Chinese brands like TCL and Hisense are producing TVs with high specifications and large screens like LG does. Given their long history in manufacturing televisions and the revenue growth, this has contributed to the company, one thing is clear: an LG TV is built to last.
Ms.Josey
Ms.Josey