LG Display Receives 'Bosch Best Supplier Award'

World's No.1 Premium In-Car Display Over 10 Inches

LG Display has proven its industry-leading competitiveness in automotive displays.

LG Display announced on the 7th that it received the ‘Bosch Best Supplier Award’ from Bosch, the world's number one automotive parts company. Since 1987, Bosch has awarded the ‘Best Supplier Award’ every two years to the top 0.1% of its 35,000 global partners who have demonstrated outstanding performance in parts, raw materials, materials, services, and other fields.

LG Display has received the 'Bosch Best Supplier Award,' given to the top 0.1% of suppliers among Bosch's more than 35,000 global partners. From left: Erik Rein, Vice President of Bosch Automotive Electronics Division; Arne Flemming, Vice President of Bosch Supply Chain Management; Byunggu Kim, Executive Vice President and Head of LG Display Auto Business Group; Kyungho Song, Head of LG Display Europe.

In particular, with the recent advancement of autonomous driving technology, the importance of in-vehicle displays has increased, leading Bosch to establish a new category for automotive displays this year and select LG Display as the first recipient.

Bosch explained that LG Display has shown excellent performance by proving differentiated technological capabilities across all automotive display fields including OLED, thorough quality control, and stable supply capacity while maintaining a strategic partnership for over 10 years since 2012. Bosch especially highly evaluated LG Display’s leading role in projects that newly install automotive OLEDs in next-generation models of premium car brands.

LG Display supplies automotive displays used in digital clusters (instrument panels), center fascia (central control units), and more to global top-tier automotive parts companies and automakers, including Bosch. In the premium automotive display market of 10 inches or larger, LG Display has held the number one market share (by sales) worldwide for five consecutive years since 2018.

Based on diverse and differentiated technological competitiveness encompassing Tandem OLED and high-end LCD, LG Display plans to focus on expanding sales and orders to further strengthen its position as the world’s number one company. Starting this year, it will begin mass production of the ‘2nd generation Tandem OLED,’ which improves the efficiency of organic light-emitting devices and enhances luminance (screen brightness) and lifespan, thereby widening the technological gap. LG Display’s automotive P-OLED (Plastic OLED) combines Tandem OLED with a flexible plastic substrate. Automotive P-OLED reduces power consumption by 60% and weight by 80% compared to LCDs, making it optimal for the electric vehicle era.

Kim Byung-gu, Executive Vice President and Head of the Auto Business Group, said, “This award is the result of recognition for our efforts to provide differentiated customer value such as outstanding technology, quality, and prompt customer support as the world’s number one automotive display company.” He added, “We will continue to strengthen our order competitiveness with differentiated technology.”

This content was produced with the assistance of AI translation services.