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LG Display Launches 27-inch Full HDTV/Monitor LCD Panel
2009-02-26
Seoul, Korea (February 26, 2009) - LG Display Co., Ltd. [NYSE: LPL, KRX: 034220], a leading innovator of thin-film transistor liquid crystal display (TFT-LCD) technology, announced today that it has begun mass production of the 27-inch full HDTV/Monitor LCD panel with enhanced MPRT(Motion Picture Response Time) in February, 2009.
Leveraging an impressive MPRT(Motion Picture Response Time) of 8ms, which is nearly twice as fast as conventional LCD monitors currently available in the market and is almost even comparing with that of 120Hz LCD TV panel, the new product is able to generate crisp moving images with much less blurring.
Featuring a 16:9 widescreen format and 2.07 megapixel resolution (1920 X 1080), it boasts enhanced MPRT and color reproduction compared to conventional LCD monitor panels. The full HDTV/Monitor LCD panel enables users to enjoy crisp viewing of high-speed images not only on TVs, but also on personal computers.
Mr. Sang Beom Han, LG Display’s Executive Vice President and Head of IT Business Unit said, “The full HDTV/Monitor LCD is expected to be an opportunity to achieve high growth in monitor LCD sector amid the tough market environment. LG Display will continue to spearhead the overall monitor LCD market based on our advanced technologies and customer-oriented products.”
According to market research firm DisplaySearch, LG Display ranked first in the worldwide monitor LCD market in the fourth quarter of 2008 with a market share of 22.4%.
About LG Display
LG Display Co., Ltd. [NYSE: LPL, KRX: 034220] is a leading manufacturer and supplier of thin-film transistor liquid crystal display (TFT-LCD) panels, OLEDs and flexible displays. The company provides TFT-LCD panels in a wide range of sizes and specifications for use in TVs, monitors, notebook PCs, mobile products and other various applications. LG Display currently operates seven fabrication facilities and five back-end assembly facilities in Korea, China and Poland. The company has a total of 25,000 employees operating worldwide. Please visit http://www.lgdisplay.com for more information.
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.
Contact:
Bang-Soo Lee, VP, Public Affairs & PR
LG Display
Phone: +822-3777-1020
E-mail: bsleeb@lgdisplay.com
Claire Ohm, Assistant Manager
LG Display
Corporate PR
Phone: +822-3777-1004
E-mail: hcohm@lgdisplay.