In a series of 2021 predictions in a report from Bob O’Brien of the Digital Supply Chain (DSCC) he suggests that LCD television panel prices will remain higher in 2021 than in 2020 at least until Q4 this year. O’Brien says: “2020 started with panel prices rising after Samsung and LGD announced that they would […]
LG Electronics (LG) is once again making its presence known in the fast-growing global esports industry with a partnership with Gen.G Esports (Gen.G), one of the biggest esports organizations in the world. Gen.G and LG will collaborate to further develop the esports scene internationally with the help of LG’s category-leading UltraGear gaming monitors. Ranked sixth […]
LG Electronics has announced the introduction of webOS 6.0 for its 2021 OLED, QNED Mini LED, NanoCell and UHD smart TVs. Paired with the new Magic Remote, the latest version of the company’s acclaimed smart TV platform offers viewers a more enjoyable and intuitive content discovery experience. The upgraded LG ThinQ AI in webOS 6.0 […]
LG Electronics (LG) and Alphonso have announced a significant investment by LG in Alphonso to bring together the two TV companies’ technologies and innovations to LG’s smart TV line-up. With this investment of nearly $80 million (€65.1m), LG will become Alphonso’s largest investor with a controlling stake of over 50 per cent. LG says it […]
Over the last several years American TV screens have been inching up in size. Overall, installed TVs in the US are larger – 15 per cent are 60 inches or larger, up from 11 per cent a year ago – and newer – the average age is 4.9 years, down from 5.4 years last year […]
Global TV sales remain stable and will stay that way, with Futuresource Consulting forecasting growth of less than one per cent CAGR between 2018 and 2024. This obscures the underlying turmoil as there has been a boost in sales across developed countries during the year, with consumers looking to improve the home viewing experience during […]
The fixed communications services market in South Korea is expected to reach $6.2 billion in 2025, recording a compounded annual growth rate (CAGR) of 1.2 per cent between 2020 and 2025, mainly driven by growth in fixed broadband segment, according to GlobalData. GlobalData’s South Korea Telecom Operators Country Intelligence Report forecasts that fixed voice service […]
A report to clients from analysts at South Korea’s Shinhan Investment Corp sys that LG Display’s Chinese OLED production lines will increase output in 2021 to a forecast 71.7 percent increase year-over-year and to about 7.87 million units. The analysts say they expect to see a sharp rise in sales of high-margin panels used in […]
LG Electronics (LG) and Xbox have entered into an exclusive marketing partnership to highlight the phenomenal gaming experience of the widely-anticipated Xbox Series X console and LG OLED TV in key markets across Europe, Africa, Middle East and Asia-Pacific. LG OLED TV becomes the official TV partner of Microsoft’s new console in these regions with […]
TV 2 Sumo, an OTT streaming service owned by Norwegian commercial public broadcaster TV 2, has upgraded its apps on LG Smart TVs. The new updated design is built across multiple LG WebOS models using Norigin Media’s TV App Framework. The streaming service is deployed across a range of LG devices with a new design […]