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  • Benadable OLED, blue-light, curvature, Flicker free, Gaming OLED, LG Display, LGD, OLED, reaction time, SID, SID 2022, SID2022
    PR LG Display’s Research Results Reaffirm OLED is the Optimal Gaming Display

    SEOUL, Korea (May 12, 2022) – LG Display, the world’s leading innovator of display technologies, unveiled its original research results on the ergonomic requirements of gaming displays, providing further evidence that OLED is the optimal gaming display. The research was introduced during the 2022 SID Business Conference at Display Week in San Jose, California.

    With demand for gaming displays surging since the onset of the pandemic, this move aims to establish new and reliable standards that can objectively judge the performance of gaming displays from the perspective of consumers.

    For the study, LG Display tested a handful of gamers to discover which display conditions provide the best gaming experiences. The players tested games of different genres on a wide spectrum of displays, from OLED and LCDs to flat and curved form factors. The study results show that a gamer’s reaction time can be improved by using OLED, while a display’s curvature provides a more immersive gaming experience.

    Reaction time is the time it takes for the user to recognize the input signal on the screen and then react to it by clicking their mouse or keyboard. Because a shorter reaction time increases the player’s chances of winning, it is widely considered one of the most important factors when choosing a display. Study results reveal that an OLED’s average reaction time was 50 milliseconds (ms) faster than an LCD. “Considering the gamer uses a special mouse or keyboard for gaming which usually provides speed advantage of 10 to 20ms, 50ms is critical in determining a game’s outcome,” said Dr. Jang Jin Yoo, Research Fellow and the head researcher of the study at LG Display.

    Curvature, which refers to the display’s degree of curve, is another determinant factor of a gaming display’s performance. The research study shows that 800R was selected as the display curvature to deliver the most immersive playing experience, although less curved screens performed slightly better for specific sports games. The curvature of today’s gaming monitor screen ranges from 1800R to 4000R, while the study found out that the optimal viewing distance from the monitor display and the person for gaming is around 800mm. This suggests that gamers are missing out on the optimal curvature, and therefore the ultimate gaming experience, too.

    “Given its flexible nature, OLED can maximize a display’s degree of curve to the highest level, which is impossible on an LCD,” said Chang-han Kim, Vice President and Head of Gaming Display Business Division at LG Display. “Finding out that the optimal curvature for gaming is 800R was definitely an exciting discovery for us.”

    With its leading reputation for introducing the world’s first Rollable OLED TV in 2018, LG Display has now set its sights on developing game-changing displays that bring the next-level immersion gamers crave. The company is backing its recent studies, which identified a bendable display as the ideal gaming monitor, by developing a Bendable OLED display that leverages its flexible nature to safely bend from curved to straight on command while maintaining unmatched picture quality.

    “Bendable OLED display will be one of the most fun gaming devices that gamers will find in the market,” remarked Kim. “We will continue to expand our gaming OLED lineup to offer new and exciting gaming experiences for our customers.”

    LG Display is developing gaming-exclusive OLED panels with unique and distinctive form factors which shift between curved and flat states, and plans to collaborate with major global gaming brands to release the most innovative gaming displays in the future.

    Globally renowned for its excellent performance, OLED is considered the perfect choice for console or high-end PC games. It also boasts outstanding three-dimensional image quality across an infinite contrast ratio, the fastest response time, and a wide variable refresh rate that ranges from 40 Hz to 240 Hz.

    Another crucial aspect of gaming performance is eye health. LG Display’s OLED displays boast the lowest blue light level in the industry, emitting 60% less than that of premium LCD displays of the same size. The OLED’s exceptionally low blue light allows players to enjoy longer, flicker-free gaming experiences without side effects such as eye fatigue or headaches.

    2022-05-12 See details
  • Foldable OLED, Gaming OLED, in-TOUCH, LG Display, LGD, OLED, OLED.EX, OLEDoS, SID2022, Transparent OLED
    PR LG Display Showcases Innovative OLED Technology at SID 2022

    SEOUL, Korea (May 10, 2022) – LG Display, the world’s leading innovator of display technologies, announced today that it will bring its next-generation OLED solutions to the 2022 Society for Information Display (SID) held in San Jose, California from May 10 to 12.

    By introducing state-of-the-art OLED products ranging from its next-generation OLED.EX to Bendable and Foldable OLED panels, LG Display will highlight the evolution and versatility of OLED technology, aiming to solidify its OLED leadership.

    LG Display will unveil its 97-inch OLED.EX TV display, the biggest of its kind, for the first time to the public during SID 2022. The display leverages the company’s EX technology to boost brightness by 30%, delivering enhanced picture quality with realistic details and colors to give users a captivating viewing experience.

     

     

    Among the revolutionary products to be showcased is the company’s 42-inch Bendable OLED Gaming display which boasts a curvature range of up to 1,000R, or a radius of 1,000mm. This allows the screen to bend and straighten so users can optimize their screen to the game they are playing or the show they are watching to enjoy the most immersive experience.

    What’s more, LG Display plans to unveil a completely new form of foldable OLED technology this year. Firstly, the company will showcase its 8-inch 360-degree Foldable OLED which freely folds in both inward and outward directions. The screen can be folded over 200,000 times without compromising its performance thanks to a stable module structure. It also uses a special folding structure to minimize creasing, providing a comfortable and cutting-edge user experience. The company will also introduce the world’s largest 17-inch Foldable OLED Laptop which maximizes versatility to transform from tablet to laptop to portable monitor with ease.

    LG Display will additionally showcase its expansive OLED in-TOUCH and Transparent OLED in-TOUCH technologies for large-sized OLED displays. The new touch technologies provide an interactive and improved touch-screen experience while retaining slim design and stellar image quality.

    The company will also show off OLED solutions set to pave the way to new markets. The 34-inch P-OLED display, the world’s largest automotive P-OLED, employs an ergonomic design structure with a maximum curvature of 800R so that the driver has a clear view of the dashboard and navigation system at the same time. Moreover, the 0.42-inch OLEDoS (OLED on Silicon) display built specifically for Augmented Reality (AR) devices implements the silicon wafers used in semiconductors to create immersive AR visuals with a high resolution of 3,500 pixels per inch.

    LG Display will present its OLED solutions made for the home. The 55-inch Transparent OLED Shelf blends seamlessly into any décor for the best way to view content, display art, add an interior effect to the room through Always On Display mode, among many more.

    “We will continue to provide new experiences for our customers by pushing constantly forward for technological innovation and by creating differentiated values that only OLED technology can realize,” said Soo-young Yoon, Executive Vice President and CTO at LG Display.

    He will serve as the first keynote speaker at Display Week 2022 on May 10, set to deliver his speech ‘The New Normal and Displays.’ In his speech, he will address the increasing needs of a paradigm shift toward people-oriented display to deliver Natural Reality in the New Normal era while highlighting OLED is the optimal solution for this changing environment.

    2022-05-12 See details
  • Award, LG Display, OLED, SID, SID2022
    PR LG Display Advisory Officer Yeo Sang-deog wins ‘David Sarnoff Industrial Achievement Prize’ at SID 2022

    SEOUL, Korea (May. 4, 2022) – LG Display, the world’s leading innovator of display technologies, announced today that Advisory Officer Yeo Sang-deog (formerly Chief Marketing Officer) has won the David Sarnoff Industrial Achievement Prize at the 2022 Society for Information Display (SID). He has contributed to the commercialization of large-sized OLEDs and high-resolution LCDs for mobile devices.

    SID is the professional organization focused on the high-growth electronic display and visual information technology industries, and the prize was founded in honor of former RCA Chairman David Sarnoff, who led the development of U.S. broadcasting through the introduction of color TVs. The award is given to those who have significantly contributed to the growth of the global display industry.
     
    Yeo has led the development of the electronic and display industry for the past 40 years and served in major positions such as Head of the LCD Development Center at LG Display, Head of the TV Business Unit, CTO of the company, and President of the OLED Business Unit. 

    In the early 2000s, LG Display was the first in the world to develop 42-inch, 52-inch, and 100-inch LCDs, which led to the expansion of the LCD industry as a whole. Under Yeo’s leadership, the company succeeded in developing ultra-high-resolution small and medium-sized LCDs optimized for smartphones.

    What’s more, in the second half of the 2000s, he developed source technologies of large-sized OLEDs, which lead in the world’s first production of the 55-inch OLED TV by LG Display in 2013.

    The awardee played a pivotal role in growing the OLED industry and leading the shift from LCD to OLED TVs.

    The awards ceremony will be held at SID 2022 in San Jose, California on May 8.

    2022-05-12 See details
  • PR LG Display Files its Annual Report on Form 20-F for the Year Ended December 31, 2021

    Seoul, Korea (Apr. 28, 2022) – LG Display Co., Ltd. (NYSE: LPL) filed its annual report on Form 20-F for the year ended December 31, 2020 with the U.S. Securities and Exchange Commission on April 28, 2022 EDT. The report can be downloaded at www.lgdisplay.com or at www.sec.gov. Investors may request a hard copy of the company’s complete audited financial statements, included in the report, free of charge by emailing ir@lgdisplay.com.

    About LG Display
    LG Display Co., Ltd. [NYSE: LPL, KRX: 034220] is the world’s leading innovator of display technologies, including thin-film transistor liquid crystal and OLED displays. The company manufactures display panels in a broad range of sizes and specifications primarily for use in TVs, notebook computers, desktop monitors, and various other applications, including tablets and mobile devices. LG Display currently operates manufacturing facilities in Korea and China, and back-end assembly facilities in Korea, China, and Vietnam. The company has approximately 70,707 employees operating worldwide. For more news and information about LG Display, please visit www.lgdisplay.com.

    Forward-Looking Statement Disclaimer
    This press release contains forward-looking statements. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections, and therefore you should not place undue reliance on them. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events. Forward-looking statements involve inherent risks and uncertainties. We caution you that a number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Additional information as to factors that may cause actual results to differ materially from our forward-looking statements can be found in our filings with the United States Securities and Exchange Commission.

    2022-04-28 See details
  • PR LG Display Reports First Quarter 2022 Results

    SEOUL, Korea (Apr. 27, 2022) – LG Display today reported unaudited earnings results based on consolidated K-IFRS (International Financial Reporting Standards) for the three-month period ending March 31, 2022.

     Revenues in the first quarter of 2022 decreased by 6% to KRW 6,471 billion from KRW 6,883 billion in the first quarter of 2021 and decreased by 27% from KRW 8,807 billion in the fourth quarter of 2021.

     Operating profit in the first quarter of 2022 recorded KRW 38 billion. This compares with the operating profit of KRW 523 billion in the first quarter of 2021 and with the operating profit of KRW 476 billion in the fourth quarter of 2021.

     EBITDA in the first quarter of 2022 was KRW 1,211 billion, compared with EBITDA of KRW 1,620 billion in the first quarter of 2021 and with EBITDA of KRW 1,645 billion in the fourth quarter of 2021.

     Net income in the first quarter of 2022 was KRW 54 billion, compared with the net income of KRW 266 billion in the first quarter of 2021 and with the net income of KRW 180 billion in the fourth quarter of 2021.

    LG Display recorded KRW 6,471 trillion in revenues and KRW 38 billion in operating profit in the first quarter of 2022.

    The company saw a decrease in panel shipments in the quarter due to low seasonality and a shrink in industry demand, as well as a continuous decline in LCD panel prices. In addition, the unexpected supply chain conditions caused by China’s COVID lockdown affected the company’s panel production and shipments.

    Panels for TVs accounted for 26% of the revenues in the first quarter, while panels for IT devices including monitors, laptops, and tablets accounted for 48%, and those for mobile devices and the others accounted for 26%.

    LG Display will further strengthen its capabilities to handle possible crisis even under growing market uncertainties to minimize any effects of external factors, while focusing on boosting its performance in its competitive OLED and high-end LCD businesses.

    In its large-sized OLED business, LG Display will continue to lead the growing premium TV market based on its unmatched and differentiated values of OLED technology, expecting a rise in OLED panel shipments,

    as well as in profits, starting from the second quarter. What’s more, LG Display plans to apply its OLED.EX technology to all OLED TV panel series in the second quarter. The company’s new OLED.EX increases brightness by 30% by applying deuterium technology and personalized algorithms to organic light emitting devices, which are the most important elements of creating OLED’s excellent picture quality. The company also aims to expand its Gaming, Transparent, and Portable OLED businesses in the Life Display areas.

    Despite the overall TV market’s 10% quarter-on-quarter decline, OLED TVs continued to lead the growing premium TV market, recording above 40% increase in OLED TV sales in the first quarter. Although LG Display saw a quarter-on-quarter decrease in OLED TV panel shipments in the first quarter due to TV Set makers’ conservative inventory policies, OLED is expected to further accelerate its growth with OLED TVs’ growing sales and presence in the premium market.

    LG Display will improve its performance in the mobile sector with its cutting-edge OLED products by expanding the supply of its new products in the second half of 2021, as well as focusing more on high-end products down the road. Additionally, the company will strengthen its leadership in the automotive sector with its OLED products to further secure the premium market. Meanwhile, in the LCD sector, the company will strategically focus more on its competitive profitable high-end IT products.

    In terms of its business strategy, LG Display plans to gradually scale down its supply & demand-based business, an area highly affected by market factors, and expand its business built on strategic partnerships with its customers. The company will also focus on creating new markets based on its OLED technology to further elaborate its business portfolio.

    “Although the market is anticipated to fluctuate from macroeconomic uncertainties and supply chain issues, we will continue to strengthen our capabilities to handle potential crisis and closely monitor market changes to preemptively respond to them," said Kim Sung-hyun, CFO and Senior Vice President at LG Display. “Despite the overall slowdown in demands, the growth of high-end IT product market and the premium TV market continue to pose a great opportunity for us. We will continue to increase our performance throughout the second half of the year by focusing on high-end IT products and by expanding our OLED shipments.”

    2022-04-27 See details
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