Advanced Television

OLED

Samsung revenue up 7% QoQ

Samsung Electronics has reported financial results for the third quarter ended September 30th 2024. The South Korean electronics giant posted KRW 79.1 trillion (€0.053tn) in consolidated revenue, an increase of 7 per cent from the previous quarter, on the back of the launch effects of new smartphone models and increased sales of high-end memory products. […]

October 31, 2024

LG reports record Q3 revenue

LG Electronics has announced its Q3 2024 consolidated revenue of KRW 22.18 trillion (€0.015tn) and an operating profit of KRW 751.9 billion. This revenue marks the highest ever for a third quarter, while the operating profit ranks as the fourth highest in the company’s history. Several external factors impacted the third quarter, including a prolonged […]

October 24, 2024

Generative Wallpaper rolling out on Samsung TVs

Samsung Electronics has announced the launch of its Generative Wallpaper feature for the 2024 Neo QLED and QLED models, powered by Tizen OS. This new feature leverages AI to create custom 4K images that aim to enhance the TV’s display, offering users a unique way to personalise their viewing experience. “Generative Wallpaper brings a new […]

October 23, 2024

LG Display quits LCD TV panels

LG has sold its last-remaining LCD TV panel production facility. The factory, based in Guangzhou, China, has been sold to TCL for 2 trillion won (€1.35bn). It will be handed over to the new owners on March 31st 2025. The plant is currently busy producing low-end and mid-range LCD TV panels used in various products, […]

October 1, 2024By Chris Forrester

Forecast: China to overtake Korea in OLED output

Display Supply Chain Consultants (DSCC), in its latest quarterly TV and panel technology capacity outlook, suggests that China is expected to overtake South Korea by 2028. DSCC expects display capacity to rise at a 1.4 percent CAGR from 2023 to 2028, with LCDs growing at just a 1 per cent CAGR and OLEDs growing at […]

September 12, 2024By Chris Forrester

Report: TV sales impacted by pricing pressure

A report from TrendForce, which monitors the market for TV panels globally, says that while the increase in TV shipments is good, although slight, and that regional variances and shifting consumer behaviour still leaves some room for concern. For example – and as reported by Display Daily – China, traditionally a strong market, saw weaker–than–expected […]

August 30, 2024By Chris Forrester

Report: OLED demand booms

High–quality OLED screens have enjoyed a 50 per cent year–on–year growth as they increasingly get installed in TVs, monitors, smartphones and tablets. Q2 2024 saw strong demand according to a report from Display Supply Chain Consultants (DSCC) which said that TV panel production at Samsung Display “continues to lead with double–digit share for all OLED […]

August 21, 2024By Chris Forrester

LG selling off last LCD factory

LG Display is making its final move to exit LCD production by selling off its Guangzhou, China-based production factory. It is asking about $1.5 billion (€1.37bn) for the site and its facilities. LG Display had already sold in 2022 its Paju, South Korea facility and had made no secret of its wish to exit LCD […]

August 8, 2024By Chris Forrester

LG posts record Q2 revenue

LG Electronics has announced second-quarter 2024 consolidated revenue of KRW 21.69 trillion and (€14.4bn) operating profit of KRW 1.20 trillion, reflecting an 8.5 per cent year-over-year increase in revenue and a 61.2 per cent surge in operating profit. These figures mark new records for the highest second-quarter revenue and operating profit in the company’s history. […]

July 25, 2024

LG launches OLED evo M4 series TV

LG Electronics (LG) is set to begin the global rollout of its new OLED evo M4 series TV with the accompanying Zero Connect Box that provides wireless connectivity between the TV and the receiver. The company is presenting the new model in 65, 77, 83 and 97 inches. Powered by the LG α (Alpha) 11 […]

July 1, 2024