LG Display OLED only strategy sees first job losses

[Andy Bassett]

First rumoured a few weeks ago, it seems that LG’s Display’s singular OLED only vision for the future has had unfortunate knock-on effects for the staff.
Read the news.

 

[Rockets]

Really all this means is that they are going to outsource the LCD panels to China. It is hardly a surprise or anything groundbreaking. I would have thought they will invest in a joint venture with one of the Chinese LCD manufacturers to be able to assert some control and future direction.

 

[samr46]

Given all the problems their OLED panels have with burn in, this may lead to the Company’s downfall unless they are able to fix the problem and decrease the rants about it online. Personally, I wouldn’t buy one, I’ve seen the damage to relatively new TVs.