Featured Articles

5th Generation Broadwell 14nm family comes in three lines

5th Generation Broadwell 14nm family comes in three lines

Intel's 5th Core processor family, codenamed Broadwell, will launch in three lines for the mobile segment. We are talking about upcoming…

More...
Broadwell Chromebooks coming in late Q1 2015

Broadwell Chromebooks coming in late Q1 2015

Google's Chromebook OS should be updating automatically every six weeks, but Intel doesn't come close with its hardware refresh schedule.

More...
New round of Nexus phone rumour kicks off

New round of Nexus phone rumour kicks off

Rumours involving upcoming Nexus devices are nothing uncommon, but this year there is a fair bit of confusion, especially on the…

More...
Nvidia officially launches the 8-inch Shield Tablet

Nvidia officially launches the 8-inch Shield Tablet

As expected and reported earlier, Nvidia has now officially announced its newest Shield device, the new 8-inch Shield Tablet. While the…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Tuesday, 20 January 2009 10:12

LCD displays have reached rock bottom prices

Written by Jon Worrel

Image

According to CEO of LG Display


At a recent
LG Display press conference, the company's CEO Kwon Young-soo positively stated that  the liquid crystal display industry has inevitably "reached a bottom. TV panel prices will likely stop the downward trend and recover."

Meanwhile, analysts expect LCD makers to continue losing money through the first half of 2009 as the demand for electronics declines rapidly on the deepening global downturn.  On Friday, LG Display reported the worst quarterly loss in its history.  The corporation points to the result rooting from a $400 million dollar price-fixing fine that it incurred last month.

In response, an announcement was made last week that the company would refocus its efforts on high-end mobile displays. Furthermore, LG Display plans to invest 577 billion won ($427 million USD) to build a new production line designed to produce premium LCD screens for mobile devices.

Moreover, the new line will use low temperature polysilicon (LTPS) technology to produce more vivid and lifelike mobile displays.  The company ultimate goal is for its investment to secure its foothold in the growing market for smartphone displays, Kwon said.  With a position in mobile display manufacturing, LG will be competing directly with Japan's Sharp Corporation and South Korea's Samsung Mobile Display, formerly a part of Samsung SDI Company.

Last modified on Tuesday, 20 January 2009 10:45

Jon Worrel

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments