What They Say
Pulse News in Korea has reported that from this year, LG Display will earn more from its OLEDs than its LCDs in the TV panel market, quoting data from Omdia. The report forecast that the revenue share will rise to 70%.
Separately, Digitimes has reported that LG Display has pushed back the closure of its 7.5G fab and a re-allocation of production at its G8.5 fab as it responds to improving LCD panel prices. The 7.5G will stay in production until next year and the G8.5 will continue to make some TV panels, rather than switching to IT panels.
What We Think
It’s not clear that the comments about revenue take into account the extension in the life of the LCD TV panel business by LGD. However, the longer term trend is very clear. (BR)
