LGD lowers its OLED TV panel shipment target in 2022, but plans for an increase in demand in 2023

The Elec reports that LG Display lowered its internal OLED TV panel shipment goal in 2022, as it realizes it will not be able to ship the 7.8 million panels it hoped for. The TV market in general is seeing lower demand this year, and in addition LGD's hopes to sell panels to Samsung Electronics did not materialize.

LG 97'' CSO OLED EX panel photo

Looking to 2023, however, LGD plans to produce 9.2 million OLED TV panels (out of which 5.4 million will be produced at the company's Guangzhou fab).

Posted: Sep 27,2022 by Ron Mertens