LG Display sees increasing demand for large-sized OLED TVs

LG Display says that demand for large-sized OLED TVs is increasing. In 2019, sales of 77" or higher OLED TVs were just 6.3% of LG's total OLED TV panel sales. The portion of large-sized TVs jumped to 17.8% in the first half of 2021.

LG Electronics OLED TV sales by size (2019-2022E)

LG added new panel sizes to its OLED TV lineup, and consumers are buying these new displays as well. Sales of OLED TVs sized 40-50 inch was just 3.6% of LG's total OLED panel sales in 2020, and this increased to 8.3% in the first half of 2021. LG expect both these trends to continue next year as well.

 
Posted: Sep 16,2021 by Ron Mertens