What They Say
The Elec reported that LG Display plans to convert its AP3 LCD factory in Gumi, previously making LCDs for iPhones, to make panels for automotive applications. The panels are to be based on LTPS technology
Apple’s LCD model, iPhone SE, which launched last year, will use LCD panels by JDI and Sharp instead.
According to Omdia, for automobile displays 9-inches or bigger in size, LG Display had a market share of 24.9%, followed by JDI’s 14.6% and BOE’s 13.9%. Tianma was fourth with 9.8%, followed by AUO with 8.9%.
What We Think
Automotive is a tough market to crack, but once you are an established supplier, it can be a more stable than the smartphone ‘hits’ business. (BR)
