LG Trying to Set Up OLED Alliance

By |


LG-65EG9600-OLED.jpgThe Korea Times is reporting that LG is trying to team up with other TV makers in Japan, China, and the U.S. to create an OLED alliance and boost its panel business. Right now, LG is the only major TV manufacturer introducing new OLED TVs to the U.S. market, and the report below says that Sony and Panasonic have joined the alliance.

From The Korea Times
LG Display plans to team up with leading television makers in Japan and China to boost its organic light-emitting diode (OLED) panel business.

"We are in talks with companies from China, Japan and the United States to create an OLED Alliance," company CEO Han Sang-beom told reporters, Monday.

He did not specify details of the alliance.

LG is the industry's biggest supplier of OLED panels that are used in premium televisions. It supplies components to major Chinese TV manufacturers and LG Electronics.

Sony and Panasonic of Japan are new entrants that have teamed up with LG in the large-sized OLED business.

Its rival Samsung Electronics is focusing on supplying small OLED panels with most of its products being used for the Galaxy handset series.

To read the complete Korea Times stroy, click here.

Additional Resources
LG Announces Pricing and Availability of New 4K OLED and LED/LCD TVs at HomeTheaterReview.com.
No New Samsung OLED TVs in 2015 at HomeTheaterReview.com.


  • Comment on this article

Post a Comment
comments powered by Disqus

Latest News

Nov 28
GoldenEar Triton One.R Now Shipping We get a lot of emails and PMs here at HomeTheaterReview from readers who want us to help them pick...
GoldenEar Triton One.R Now Shipping

Nov 23
SVS Announces Black Friday Deals on NSD Series Subwoofers Priced at $399 and $499 each, these subwoofers are available in limited quantities, and when they're gone they're gone.
SVS Announces Black Friday Deals on NSD Series Subwoofers

Nov 21
Sound United Announces Black Friday/Cyber Monday Deals With sales prices of up to $300 off of select products, Sound United is dropping some serious deals for this holiday buying frenzy week.
Sound United Announces Black Friday/Cyber Monday Deals

Nov 16
McIntosh Introduces New XRT1.1K Loudspeaker Smaller and more affordable than the XRT2.1K, the new speaker still packs a massive punch.
McIntosh Introduces New XRT1.1K Loudspeaker

Nov 15
SVS Introduces 3000 Series Subs Is SVS' 4000 Series too much sub for your room, but the 2000 Series isn't quite enough? SVS has you covered with two new subs.
SVS Introduces 3000 Series Subs