News

28 January 2009

 

Cree to supply LED chips and packaging support to LG Display

LG Display Co Ltd of Seoul, South Korea, which manufactures thin-film transistor liquid crystal display (TFT-LCD) panels, OLEDs and flexible displays, has formed a strategic alliance with LED chip maker Cree Inc of Durham, NC, USA.

The firm says that in early January it signed a supply agreement under which it has secured a stable supply of LED chips to be used in LCD backlighting, and receives technological support from Cree for LED packaging.

LG Display also plans to secure an early lead in LED-backlight notebook PCs by internalizing LED-related technologies such as LED packaging and LED backlighting production. The firm aims to strengthen its leading position in the notebook LCD market.

“LG Display will expand the share of panels featuring LED-backlight to 50% of its total notebook LCD output,” says Sang Beom Han, executive VP & head of the firm’s IT business unit. “We will provide differentiated value for our customers and consumers with premium LED-backlight panels,” he adds.

According to market research firm DisplaySearch, in fourth-quarter 2008 LG Display claimed the largest share of the notebook LCD market (in terms of shipments). The firm has also launched production of the world’s first 17.1-inch RGB LED notebook LCD with color reproduction ratio of 105%, and unveiled the slimmest LCD TV panel with an LED direct backlight system.

See related items:

Lighting products sustain Cree's record revenues

LED market to grow 2.9% in 2009, aided by LCD-TVs

Shipments of LED-backlit notebook PCs rise 63% in Q3; penetration to rise to 25% in Q2/2009

Search: LG Display Cree TFT-LCD LCD backlighting LEDs

Visit: www.lgdisplay.com

Visit: www.cree.com