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LG Display Result 23/07/2015

LG Display (LGD) reported a 4% sequential drop in turnover in the second quarter to KRW6.7 trillion ($5.7 billion), though this was 12% higher than last year’s Q2 turnover of KRW5.9 trillion ($5 billion). LGD’s net profit for Q2 of KRW363 billion ($312.7 million) was 24% lower than Q1 but a 42% improvement on Q2 … Read more

Global UltraHD/4k Market to Reach $30.4 Billion by 2020

ultra hd 4k girl

New data from Transparency Market Research estimates that the worldwide UltraHD 4k panel market will reach $30.4 billion by 2020, representing a CAGR of 12.6% from 2013 to 2020. By volume, the market is forecast to reach 5.7 million units by 2020, growing at a CAGR of 9.2% from 2014 to 2020. The analyst attributes … Read more

EEMEA OTT Market Set to Reach $2.6 Billion

OTT TV and video revenues in the 19 countries of Eastern Europe, Middle East, and Africa (EEMEA) will reach $2.6 billion in 2020, up from only $52 million recorded in 2010 and the $616 million expected in 2015. This is according to Digital TV Research’s Eastern Europe, Middle East & Africa OTT TV & Video … Read more

LGD to Invest $906 Million in G6 OLED Fab

LG Display (LGD) is to invest KRW1 trillion ($906 million) in a 6G flexible OLED production line at its Gumi Plant in Gyeongbuk Province, Korea. The new line will produce 7,500 input sheets per month using a 6G size substrate sheet of 1,500mm x 1,850mm, with mass production scheduled to begin in the first half … Read more