As we know, LG Display is a prominent player in the global display technology industry. They specialize in developing, manufacturing, and selling display technologies, with a strong focus on OLED and LCD technologies. LG Display supplies displays for a wide range of applications, including smartphones, tablets, TVs, and automotive displays.
Now according to a recent report from the Korean Herald, LG Display and LG Chem, two major companies, have together created a key material called p-type dopants for OLED screens. Before this, they had to buy it from other countries. This is a big step for LG Display as they are trying to make more OLED parts in their own country. Last year, they increased the amount of materials they got from local suppliers from 58% to 64%.
LG Paves the Way with In-House OLED Material Development
Dopants change how OLEDs work. P-type dopants, one kind of these materials, help OLEDs shine evenly, use less power, and last longer. However, some p-type dopants can be easily damaged by air.
This new achievement is the result of 10 years of teamwork between LG Display and LG Chem. LG Display worked on designing the material, while LG Chem made it. Their new material works as well as the one they used to buy.
Yoon Soo-young, an executive at LG Display, said they’ve been working on making their own core materials since they launched their first big OLED TV in 2013. This new material is even more important for a new kind of OLED that is brighter and lasts longer.
By making their own p-type dopants, LG Display hopes to have a better supply chain, protect their ideas, and stay ahead in the OLED market. As of early 2023, LG had the biggest share in the global OLED TV market, more than Sony and Samsung.
LG Display will use this new material in different sizes of OLED panels in the future. Lee Hyun-woo, another executive at LG Display, said that making and buying materials locally makes them stand out in the OLED market.
This move towards self-reliance and technological advancement in OLED technology is a significant development, especially considering LG’s potential collaboration with Apple. There are reports suggesting that Apple is working with Samsung Display and LG Display to create bezel-less OLED displays for future iPhones.
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