StockNews.AI
LPL
StockNews.AI
111 days

LG Display Becomes World's First to Verify Commercialization of Blue Phosphorescent OLED Panels

1. LG Display commercializes blue phosphorescent OLED panels successfully. 2. First-ever commercialization of blue phosphorescence marks a technological milestone. 3. This panel technology significantly reduces power consumption by 15%. 4. Blue phosphorescence is essential for achieving 'dream OLED' displays. 5. LG Display aims to secure a lead in future display markets.

7m saved
Insight
Article

FAQ

Why Bullish?

The successful commercialization of blue phosphorescent OLED panels signals innovation potential. Historical examples, like Samsung's advancements in AMOLED, led to price growth.

How important is it?

The commercialization of innovative technology can lead to competitive advantages and increased market share for LPL. Given the market's response to tech advancements, there's a high likelihood this will influence LPL positively.

Why Long Term?

The advancements in display technology will take time to influence market dynamics. Similar tech innovations in OLED have historically required several quarters to reflect in stock performance.

Related Companies

SNEAAPLMSFT
Final Step to Achieving "Dream OLED", /PRNewswire/ -- LG Display, the world's leading innovator of display technologies, announced today that it has become the world's first company to successfully verify the commercialization-level performance of blue phosphorescent OLED panels on a mass production line. The achievement comes about eight months after the company partnered with UDC to develop blue phosphorescence, and is considered a significant step closer to realizing a "dream OLED" display. LG Display Becomes World's First to Verify Commercialization of Blue Phosphorescent OLED Panels In the display industry, "dream OLED" refers to an OLED panel that achieves phosphorescence for all three primary colors of light (red, green, and blue). OLED panel light emission methods are broadly categorized into fluorescence and phosphorescence. Fluorescence is a simpler process in which materials emit light immediately upon receiving electrical energy, but its luminous efficiency is only 25%. In contrast, phosphorescence briefly stores received electrical energy before emitting light. Although it is technically more complex, this method offers luminous efficiency of 100% and uses a quarter as much power as fluorescence. However, achieving blue phosphorescence has remained a major challenge even more than 20 years after the commercialization of red and green phosphorescence. This is due to blue, among the three primary colors, having the shortest wavelength and demanding the greatest energy. LG Display has solved this issue by using a hybrid two-stack Tandem OLED structure, with blue fluorescence in the lower stack and blue phosphorescence in the upper stack. By combining the stability of fluorescence with the lower power consumption of phosphorescence, it consumes about 15% less power while maintaining a similar level of stability to existing OLED panels.In particular, LG Display is the first to succeed in reaching the commercialization stage of blue phosphorescent OLED panels, where performance evaluation, optical characteristics, and processability on actual mass production lines should all be confirmed. The company has already completed commercialization verification with UDC.LG Display has independently filed patents for its hybrid blue phosphorescent OLED technology in both South Korea and the United States.The company will showcase a blue phosphorescent OLED panel featuring two-stack Tandem technology at SID Display Week 2025, the world's largest display event, in San Jose, California from May 11th (local time).At the show, LG Display will be unveiling a blue phosphorescent OLED panel featuring two-stack Tandem technology applied to a small and medium-sized panel that can be applied to IT devices such as smartphones and tablets. As more and more products require high definition and high efficiency such as AI PCs and AR/VR devices, the application of blue phosphorescence technology is expected to expand rapidly."The successful commercialization of blue phosphorescence technology, which has been called the final piece of the 'dream OLED' puzzle, will become an innovative milestone towards the next generation of OLED," said Soo-young Yoon, CTO and Executive Vice President of LG Display. "We expect to secure a leading position in the future display market through blue phosphorescence technology."About LG DisplayLG Display Co., Ltd. [NYSE: LPL, KRX: 034220] is the world's leading innovator of display technologies, including thin-film transistor liquid crystal and OLED displays. The company manufactures display panels in a broad range of sizes and specifications primarily for use in TVs, notebook computers, desktop monitors, automobiles, and various other applications, including tablets and mobile devices. LG Display currently operates manufacturing facilities in Korea and China, and back-end assembly facilities in Korea, China, and Vietnam. The company has approximately 70,707 employees operating worldwide. For more news and information about LG Display, please visit www.lgdisplay.com.Media Contact:Joo Yeon Jennifer Ha, Manager, Communication TeamEmail: [email protected]SOURCE LG Display WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News