Smartphone, display and chip manufacturers flourished in the past year, but their prospects may be dimming.
LG Display is investing $1.4 billion in Vietnam to expand production of organic light-emitting diode (OLED) displays, which are used in TVs, smartphones and automotive screens.
LG Display reported 423.8 billion won ($366.4 million) in net profit in the second quarter, from a 504-billion-won loss in the same quarter a year earlier.
Merck, a Darmstadt, Germany-based science and technology company, started the mass production of hole transport materials, a compound used in the production of organic light-emitting diode (OLED) panels, at its new production facility in Pyeongtaek.
Newly hired employees of LG Display go through employee training using a metaverse technology-based online training program. The display panel maker said Thursday that it adopted the program to increase engagement with trainees.
Samsung Display on Thursday signed a wage agreement with its labor union as some of its unionized workers have been staging strikes for the first time in the company's history.
LG Display is banking on next generation organic light-emitting diodes (OLEDs) as the next game changer in the global display market...
Samsung Display said Thursday it will launch an in-house vaccination program next month to better fight the coronavirus pandemic.
This is also the first strike at a Samsung Group affiliate since Samsung Electronics Vice Chairman Lee Jae-yong announced in May 2020 that the group would no longer discourage union activities.
As people emerge from their Covid-19 hideouts, demand for screens is likely to drop, and this is happening as Chinese makers dominate the business and threaten to dump screens and wreck the market.