LG clinches title of world's largest UHD TV panel vendorNovember 21, 2014 - 08:55 AMT PanARMENIAN.Net - LG Display, the world's largest LCD panel maker, clinched the title of world's largest UHD TV panel vendor last month for the first time in 22 months, a research report released Thursday, Nov 20, showed, according to CNET. DisplaySearch's TFT-LCD shipment report said LG sold 578,000 UHD TV panels, securing 28.1 percent of the market for October. Taiwan-based Innolux -- LG's main competitor -- came in second with 24 percent market share. Perennial rival Samsung Display followed in third with 20.2 percent. Innolux dominated the market previously by launching low-cost UHD TV panels to TV makers located within mainland China and the US, chipping away at LG and Samsung's market share. The rising popularity of high-priced UHD TVs in the world's second largest market fueled growth for LG Display, which recently started operation at its factory in Guangzhou. The factory mainly supplies goods to Chinese TV makers, which also have factories nearby. "We finally beat competitors by launching UHD TV panels made by our own M+ technology, which combines our innovative pixel arrangement structure and rendering technology using our own algorithm," a spokesman of LG Display said. Meanwhile, the overall shipment of UHD TV panels was approximately 2.05 million worldwide for October, making LCD TVs still very much the standard in the market. LG Display is currently investing heavily in OLED, technology the company believes will replace LCD as the standard in the coming years. Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | Viva-MTS: Tech solutions to modernize infrastructure of border village The border village has been the focus of Viva-MTS and the Foundation for the Preservation of Wildlife and Cultural Values since 2015. Ucom's fixed network launched in Artashat To mark this occasion, the company has introduced a special offer exclusively for Artashat residents. “By Your Side”: IDBank's new support program for displaced Artsakh citizens IDBank is launching a long-term social support program for forcibly displaced Artsakh residents. The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. |