LG Display reports a positive Q4 2016, to put more emphasis on OLED in 2017

gadgtfreek

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SatelliteGuys Master
May 29, 2006
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LG Display reported an excellent Q4 2016, with the company's highest quarterly operating profit of $775 million USD. The main drivers for this profit were higher prices of large size LCD panels and a weak Korean Won rate (which also boosted Samsung's profits).

LGD also updated on its OLED program. The E5 flexible AMOLED fab is expected to start production in Q3 2016 - which is a slight delay because LGD aimed to start production in the first half of 2016.



Regarding LGD' OLED TV business, LGD updates that its yield (for all panels, it seems) is now over 80%. LGD says it had a market share of 80% of the premium TV market in 2016. In 2017 the company aims to ship between 1.5 million to 1.8 million OLED TV panels. 60% will be 55" panels and the rest will be 65" and 77" ones.

http://www.oled-info.com/lg-display-reports-positive-q4-2016-put-more-emphasis-oled-2017
 

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