LG gets official with 50PQ60D and 42PQ60D Xcanvas plasmas in Korea
[Via Slashgear]
Posts with tag LgDisplay

Come one, come all to the flat-panel production cutting party. Just look at these spectacles on stage -- AU Optronics, Sharp, LG, Panasonic, Sony, Toshiba, Hitachi, et al. We'd say that this is getting downright bizarre, but we suspect that's plainly obvious by now. As the output-cutting bandwagon continues to take on passengers, LG has too decided (purportedly, at least) to downsize its plasma panel output starting in 2009. Potentially more striking is the assertion that it may "completely halt production of its 32-inch panels," which are losing it money hand over fist. The interesting bit is that nearly half of LG's PDP output is at the 32-inch level, so unless it starts digging into another size, it'll have quite a bit of equipment (and employees, we imagine) sitting idle. And to think -- things looked so much brighter just three years back.
Oh yeah, we're mildly excited that LG Display should be able to start cranking out product from its 8G LCD plant earlier than expected, but the real kicker here is the outfit's outlook on OLED. Merely two days after hearing that Samsung was hoping to dish out affordable medium-to-large OLED displays in 2009 / 2010, we're now getting word that LG Display is looking to offer up a 32-incher the year after. And we're talking "volume production," no less. Makes holding off on that XEL-1 that much easier, doesn't it? Nah, we didn't really think so.
Although we just heard that LG was scouting a few new partners in crime to tackle the always unpredictable plasma market, it seems as if the company is also seeking alliances with LCD makers. Reportedly, LG Display affirmed that it was looking to hook up with "other firms, such as Taiwan's Amtran [maker of Vizio LCD TVs]." Apparently investors were none too pleased about the suggestion, as shares of the stock fell amid concerns of linking up with what's commonly known as a bargain brand. Still, the firm is expected to enjoy "record earnings this year thanks to "a booming flat-screen TV market and tight panel supplies," and that little Olympics shindig probably isn't hurting things, either.
Just in case you were wondering, LG is planning to stay in the plasma business, although as is the trend, its looking for a partner to invest in the business. Despite losses last year, it sees the plasma business as profitable, and about to pick up ahead of the Olympics this summer. In LCD news, its not picking up the shares in LG Display recently shed by Philips. It's good to know the plasma business will continue to have healthy competition, in fact, if Pioneer still needs someone to share the secrets of its Kuro technology with, then LG might make a good partn...on second thought, maybe that's not such a good idea.










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