LG Display, the world’s second-biggest flat-panel display maker, is betting big on large-scale OLED television panels, brushing aside industry scepticism about the chances of the technology displacing mainstream liquid crystal display.
OLED, or organic light-emitting diode, panels use ultra-thin, lighter technology to produce higher picture quality and lower power consumption than LCD screens. They feature on Samsung Electronics’ Galaxy smartphones and tablets.
LG aims to steal a march in the potentially lucrative market on crosstown South Korean rival and world leader Samsung Display, which is instead focusing on improving LCD panels for ultra high-definition TVs.
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