LG Display said Wednesday that it has achieved cumulative sales of 50 million white OLED (organic light-emitting diode) units. This is considered significant as it represents the fruit of 13 years of continuous technological and product innovation since beginning the world's first large-size OLED TV panel sales in 2013.
LG Display has continuously developed the size, image quality, and performance of OLEDs, including the world's first 55-inch OLED TV panel in 2013, the world's first 88-inch 8K OLED TV panel in 2018, and the world's largest 97-inch OLED TV panel mass production in 2022.
Cumulative sales surpassed 10 million units in 2020, followed by 20 million units in 2021, 30 million units in 2023, and 40 million units last year, before breaking through the 50th million mark for the first time this year.
Based on the commercialization of WOLED for TVs, LG Display has expanded its application areas to monitors. Leveraging WOLED's fast response speed, it introduced high refresh rates specialized for gaming and DFR (Dynamic Frequency & Resolution) technology.
With differentiated technological capabilities and a diverse size lineup, including 45-inch 21:9 ratio monitors and 24.5-inch esports monitors, the company is accelerating the growth of WOLED-based gaming monitors. It plans to expand the WOLED domain to office and professional use in the future.
LG Display CEO Chung Cheol-dong stated, "The breakthrough of 50 million WOLED units is the result of the efforts of our employees who have overcome a harsh business environment and various challenging tasks."
He emphasized, "Based on our industry-leading WOLED technology, we will rapidly secure differentiated next-generation display technologies for the future that surpass the present, transforming into a 'technology-centric company' that builds a 'moat' in technological and business competitiveness that competitors cannot easily challenge."
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