OLED DISPLAYS MARKET ANALYSIS

Key Developments

• In May 2024, LG Electronics, a leading global player in consumer electronics, launched a new range of AI-driven smart TVs in India, featuring the world’s largest OLED TV at 97 inches. These advanced TVs include real-time upscaling, Dolby Vision gaming, and cutting-edge sound technologies. Additionally, they come equipped with LG's webOS, which supports individual user profiles, as well as compatibility with Dolby Vision, Dolby Atmos, Apple AirPlay, and Google Chromecast, enhancing the overall viewing experience.
• In January 2023, LG Display, a pioneer in display technology and a leading innovator in the industry, unveiled its third-generation OLED TV panel at CES 2023. This latest panel, utilizing "META Technology," delivers exceptional image quality, achieving 60% brighter visuals compared to standard OLED displays and offering viewing angles that are 30% wider.
• In January 2023, Samsung Display, a leading manufacturer of display technologies, announced that it will produce a 77-inch Quantum Dot OLED panel. This new panel is designed for Quantum Dot OLED TVs, which are supplied to major brands including Samsung Electronics and Sony, as well as potentially other TV manufacturers interested in adopting this advanced technology.
• In June 2022, LG Electronics, a global leader in consumer electronics, introduced the CineBeam Projector and the UltraFine Display OLED in India. These two new products are designed to deliver an exceptional viewing experience, featuring cutting-edge technology and an interior-friendly design. The LG CineBeam HU715Q projector is powered by the company’s WebOS operating system, while the 32EP950 UltraFine OLED Pro monitor boasts true 10-bit color and covers 99 percent of both the DCI-P3 and Adobe RGB color gamuts.