Speaking at an event in Korea in which LG has announced its financial results, CEO of LG Display Kwon Young-soo told reporters that the company shift its attention to small and medium-sized OLED TV great strike.
"We are making no investment in the sector in concluding that the businss OLED is relatively less profitable than other products in the mobile industry," he said, referring to a thriving film and screen smartphones on the market.
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Instead, he said, "PCD [isplay] will launch a 55-inch OLED TV in the second half of next year."
The company did not pursue the quality of quantity, and the first shipments of tens of thousands, instead of running a real roll-out, with mass production depends on consumers 'reactions' to the first step.
Every time I finally hits the 55-inch OLED is not cheap. LG has already shown off the 31-inch OLED TV, which has yet to do so in the United Kingdom, as well as 15-inch LG 15EL9500 that will cost a cool £ 1700.
LG Display has also announced that the LCD TV panels are now bringing in about half of total sales, total sales of the company to drive for about £ 3.5 billion, up 13 percent for the quarter.
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