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(CES 2020) LG Display to supply foldable OLED screens this year: CEO

All News 14:05 January 07, 2020

By Joo Kyung-don

LAS VEGAS, Jan. 6 (Yonhap) -- LG Display Co., a major display panel maker in South Korea, will supply foldable OLED displays this year, the company's CEO said Monday.

Jeong Ho-young said a mini laptop with LG Display's foldable screen will be available in the market this year. The prototype of a 13.3-inch foldable OLED screen, which is reportedly for Chinese tech giant Lenovo, was on display at the company's booth at the Consumer Electronics Show (CES) in Las Vegas, Nevada.

"Whether it is smartphone, laptop or tablet, we're ready to make foldable displays," Jeong told reporters at a press conference before CES 2020 officially opens on Tuesday. "Depending on our customers' plan and product release schedule, our foldable screens will be released in order."

LG Display CEO Jeong Ho-young speaks at a press conference in Las Vegas, Nevada, on Jan. 6, 2020, one day ahead of the opening of the Consumer Electronics Show. (Yonhap)

Foldable OLED screens became a hot item in the electronics gadget market when Samsung Electronics Co. launched its Galaxy Fold smartphone last year after working with its affiliate Samsung Display Co.

LG Display emphasized that the company's foldable product will have its own competitiveness.

"It's difficult to compare with other companies' products," Kang In-byeong, chief technology officer at LG Display, said. "We are working for our own design concept."

Both Samsung Display and LG Display make OLED panels, but the former is more specialized in screens for smartphones, while the latter is the No. 1 maker of large-size OLED sheets for TVs.

But with the latest announcement, LG Display added that it will beef up its competitiveness in small OLED screens for IT devices such as laptops and tablets.

kdon@yna.co.kr
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