Tomasz Wadowski
LG Display has just showcased its results for the end of 2024. While the numbers can be overwhelming for the layman, the most important thing is that the company has managed to significantly increase sales and strengthen its position in the world of screens. A key element of this strategy is OLED technology, which is winning the hearts of not only premium TV enthusiasts but also those looking for great screens in smartphones, laptops or tablets.
A significant portion of LG Display's profits comes from these "organic" displays – in the very last quarter, they accounted for the majority of revenues. The company also revealed that it plans to further expand its offerings for the automotive market. Imagine bendable or ultra-thin panels in the cockpits of future cars – it is precisely these types of innovations that could become the standard thanks to players like LG Display.
LG Display is announcing further improvements in OLED production and new projects – both in large screens for televisions (including gaming ones) and in smaller panels for mobile devices. Despite some losses over the year, the company is confident that its efforts are paying off, and the growing interest in OLED displays is only driving this trend. It looks like 2025 could be really interesting, especially after the announcement of the 4th generation organic matrices.
