They mean TVs that are much slimmer since the screen emits light itself without a backlight unit, unlike the liquid crystal display (LCD). The head of LG Display's OLED business unit, Sang-Deog Yeo, said 'OLED represents a groundbreaking technology' not only for the company, but also for the industry.'
The unveiling was part of a broader announcement by LG Display to showcase its plans for the future. The company said its display strategy will center on OLED technology - even though manufacturers have struggled to mass produce the more complex sets.
LG vowed to ramp up OLED production from the third quarter of this year to a substantial level that can meet clients’ demand, according to the Korea Times. 'We should be able to supply a satisfactory volume to our clients from July or August, which means we’re hoping to buckle down production as well as promotion from the third quarter,' Sang-Deog Yeo told reporters.
WHAT DOES OLED STAND FOR?
OLED stands for organic light-emitting diode. Its panels are made from organic materials that emit light when electricity is applied to them. As a result, OLED panels don't use a backlight meaning they are thinner than LCD displays. OLEDs additionally have bright colours, brilliant contrasts and a wide-viewing angle.
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