]LG’s Display division says it has completed the sale of its last remaining LCD factory. China’s consumer electronic giant TCL Technology Group was the buyer. The sale marks the end of LCD TV panel manufacturing for the South Korean company. LG Display’s final LCD TV panel factory in Guangzhou, China, was sold to TCL CSOT […]
LG Electronics has once again been recognised for its dedication to sustainability and eco-conscious initiatives, securing eco-certifications for its 2025 OLED TVs. For the fifth consecutive year, LG OLED evo TVs have received Reducing CO2 and Measured CO2 certifications from the Carbon Trust, a global climate consultancy advancing a zero-carbon future. These certifications evaluate a […]
LG Electronics (LG) has reaffirmed its dominance in the premium TV market, leading global OLED TV shipments in 2024 with over 52.4 per cent of the market share. LG has now led the OLED TV market for 12 consecutive years, According to market research firm Omdia, LG secured the top spot in the global OLED […]
OLED panel revenues increased 28 per cent YoY in Q3 2024, and are expected to increase 16 per cent in 2024 with growth from smartphones, TVs and IT-based applications. As revealed in Counterpoint’s latest OLED Shipment Report, (generated by Display Supply Chain Consultants) OLED panel revenues increased 28 per cent YoY in Q3/2024. This improvement […]
LG Electronics has announced its financial results for the year 2024, disclosing a consolidated revenue of KRW 87.73 trillion (€58.6bn) and an operating profit of KRW 3.42 trillion. This marks a new record for the highest annual revenue in the company’s history. In terms of revenue, both the home appliances and the vehicle components business […]
At CES, Hisense has unveiled the 136MX MicroLED, the brand’s first consumer-ready MicroLED display. By eliminating traditional backlight limitations, Hisense says that 136MX delivers precise contrast, lifelike colours, and a viewing experience that sets a new standard for the industry. The 136MX leverages a high-density array of over 24.88 million microscopic LEDs to deliver brightness, […]
LG Electronics has unveiled its 2025 OLED evo lineup, highlighting a range of advanced TV offerings, including the true wireless OLED evo M5, and OLED evo G5 models. With LG’s latest α (Alpha) 11 AI processor Gen2 at its core, LG says its latest OLED evo models present “unparalleled OLED picture quality with impeccable blacks, […]
LG Electronics is launching of the 77-inch LG Signature OLED T, its transparent, wireless 4K OLED TV. The model will be available in the US this December, with additional markets to follow. Unveiled at CES 2024, the LG Signature OLED T features a self-lit screen can transform from transparent to opaque screen; a unique ability […]
Hisense, the consumer electronics and home appliances brand, has seen success with its premium TV strategy, opening the overseas high-end market for high-value Laser TVs with price points in the range of £1,999 – £5,000. Recognised as the World’s No.1 in the 100-inch TV market by Omdia, Hisense has set the trend in large-screen TVs. […]
Samsung Electronics has reported financial results for the third quarter ended September 30th 2024. The South Korean electronics giant posted KRW 79.1 trillion (€0.053tn) in consolidated revenue, an increase of 7 per cent from the previous quarter, on the back of the launch effects of new smartphone models and increased sales of high-end memory products. […]