[Concall] LGD "No Issues in IT OLED Mass Production... Targeting 20% Growth in OLED Panels This Year"
On the 24th, LG Display stated during its annual and Q4 earnings conference call that "preparations for IT OLED mass production are progressing smoothly as planned," and added, "We expect to start mass production within this year and further strengthen our business structure in terms of overall business model advancement."
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LG Display explained, "The TV market, which had continued to shrink until last year, is expected to see slight growth this year as excess inventory is cleared by the end of the year," and added, "We are continuously building strong strategic relationships with global TV set customers." They also stated, "Our goal is for the overall OLED panel market to grow by more than 20% this year."
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