Latest in Hdtv

Image credit:

LG Display CEO says that LCD panel prices have "reached a bottom"

Share
Tweet
Share
Save

Sponsored Links


The company may not exactly have the final say on the matter, but LG Display CEO Kwon Young-soo seems confident that the market for LCD panels is finally set to turn around, with him saying today that, "the good news is that we've reached a bottom," and that, "TV panel prices will likely stop the downward trend and recover." LG doesn't see things completely turning around overnight, however, and in the meantime it says it'll be pouring more than $400 million into a new production line designed to produce high-end LTPS LCD displays for mobile devices, which it apparently expects will be a more profitable area, and help it turn that frown upside down once more.

[Via DailyTech]

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Share
Tweet
Share
Save

Popular on Engadget

Engadget's Guide to Privacy

Engadget's Guide to Privacy

View
‘Fortnite’ is getting a Batman crossover

‘Fortnite’ is getting a Batman crossover

View
What's it like cooking your own Impossible Burger?

What's it like cooking your own Impossible Burger?

View
Windows 10 Insider build simplifies Bluetooth pairing

Windows 10 Insider build simplifies Bluetooth pairing

View
Fox Sports will broadcast Thursday Night Football in 4K

Fox Sports will broadcast Thursday Night Football in 4K

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr