dante01
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LGE is yet a third company. When LGD was more Phillips-owned all this was clearer.
The announcement was made by LG (Lucky Goldstar) who are not owned by anyone other than LG. Phillips buy panels from them and Both LG and Samasung now dominate the TV market ever by manufacturing and selling TV with their own proprieary branding or by being the manufacturer that supplies the mass majority of the other manufacturers with TV panels. LG is the only OLED supplier in the world and every OLED TV uses an LG panel. THey are huge and own some pretty substanial audio and video concerns. THe announcement was made by LG and no one else with a similar name.