Tomasz Wadowski
LG Display has just showcased its results for the end of 2024. Although the numbers can be overwhelming for a layperson, the most important thing is that the company has managed to significantly increase sales and strengthen its position in the world of displays. A key element of this strategy is OLED technology, which is winning the hearts of not only fans of premium televisions but also those looking for excellent 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 revenue. The company also revealed that it plans to further expand its offerings for the automotive market. Imagine flexible or ultra-thin panels in the dashboards of future cars – this is the type of innovation that could become standard thanks to players like LG Display.
LG Display announces 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 entire year, the company insists that its efforts are yielding results, and the growing interest in OLED displays is only fueling this trend. It seems that 2025 could turn out to be really interesting, especially after the announcement of the 4th generation of organic matrices.
