LG To Set Up OLED Alliance

News Source: 

LG Display is in the process of setting up an OLED alliance comprised of Chinese, Japan and U.S. companies to promote its OLED panel business, according to a recent report by The Korea Times.

"We are in talks with companies from China, Japan and the United States to create an OLED Alliance," said the company CEO Han Sang-beom.

Han did not reveal further details about the alliance.

LG supplies components to major Chinese TV manufacturers and LG Electronics.

Japanese manufacturers Sony and Panasonic are the latest companies to form a partnership with LG in large-sized OLED business.

Samsung Electronics has been focused on supplying small OLED panels, many that are being applied in Galaxy handsets.

Han also noted the OLED nitrogen gas leak incident in Paju, near the North-South Korean border in January, had little impact on the company’s OLED business this year.

"We have no problems achieving this year's sales target," he said.

The Korean government forced LG to shut down its OLED manufacturing line for maintenance after a man died from nitrogen gas leak. The factory has been back in operations last week.


Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

Some homeowners, commercial systems managers and outdoor lighting management companies have looked warily at smart lighting, in light of its being seen as a major departure from what was required for lighting control in the past. They need not... READ MORE

For the LED driver product line, wide AC voltage input range (180 ~ 528VAC) HVGC family, MEAN WELL now launches HVGC-650 series to offer more choices of high power products.