LG Display is reportedly examining whether to invest in production lines for oxide TFT display substrates, which are a key component of its AMOLED displays.
According to Korean press reports, the investment decision is being made at a weak point for the television industry, while the high-end smartphone market is slowing after several years of incredible rapid growth.
Weak local demand for curved OLED televisions, a type of display not released in Australia, saw Samsung has cut the price of a 55-inch OLED screen from 15 million won ($14655) 9.9 million won (around $9672).
According to some reports, sales for the devices might have been as low as 1000 units.
Meanwhile, as SmartCompany recently reported, a global glut in LCD panels has recently forced LG and Samsung to cut investments in China.
However, failing to invest risks the possibility of LG being unable to meet a rapid growth rate in overseas demand.
LG is set to make a decision on the matter in the next week.
COMMENTS
SmartCompany is committed to hosting lively discussions. Help us keep the conversation useful, interesting and welcoming. We aim to publish comments quickly in the interest of promoting robust conversation, but we’re a small team and we deploy filters to protect against legal risk. Occasionally your comment may be held up while it is being reviewed, but we’re working as fast as we can to keep the conversation rolling.
The SmartCompany comment section is members-only content. Please subscribe to leave a comment.
The SmartCompany comment section is members-only content. Please login to leave a comment.