LG Display, the leading provider of liquid crystal displays (LCDs), is now preparing an all-out effort to extend its dominance to the new world of digital displays shaped by organic light emitting diodes (OLEDs).
The company is to spend 3.8 trillion won (about $3.6 billion) this year on adding facilities and improving technologies with the predominant focus on improving its capabilities for OLED screens, becoming conventional in smaller devices like smartphones and tablets and beginning to appear in larger products like televisions.
``Of our investment budget, OLEDs will take up the biggest slice of money, followed by research for flexible displays and oxide-based LCD technologies,’’ an LG Display official told The Korea Times.
LG Display also plans to mass produce bendable displays, intended for use in mobile devices, within the year.
So out of $3.6B budget, how about 3% to go to UDC ?
How can LG talk about long term strategy in OLED and only have short term contract with UDC.
C'mon, LG, it's time to show that you're serious in OLED .
totally agree, but this is not a new criticism of UDC management...nevertheless, these guys are on the verge of going big time and they need to prep for it. The patent guy from Disney was a good first step, but UDC needs to step up their promotional efforts as well as their information efforts. These guys have a model of how they think the industry is going to develop. If they don't then they shouldn't be managing the company that promises to provide the core intellectual capital of the industry. They need to share what they think is going to happen based on what they know. It can be done with caveats, but they need to do it...pure and simple. Enough coyness!
High costs and difficulty in mass production have been slowing their adaption in televisions, but major electronics makers like Samsung Electronics, LG Electronics and Sony believe they will see a breakthrough on this front this year.
This can only mean Quantum Dots instead of Organics...
Same production process, but a lot cheaper!
Now we wait to see if I am right...
Sentiment: Strong Sell
Danny dude, solardactylus and all of your other ID's---laugh
We have watched your quantum dot stock pick go from 18 cents a share when you bought it after being horribly wrong about PANL go to 7.5 cents a share. It's been four years dummy.
Now you own a stock with NO cash, one patent.
You must really hate yourself Troll dude.