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LG Philips Name Change & New Formats

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LG Philips LCD will become LG Display after approval at the company’s GM on February 29.

The new corporate name reflects the reduction of Philips’ equity stake and LG’s intention to pursue display technologies beyond LCD.

They debuted the world’s highest res 14.3-inch flexible color E-paper display at CES 2008. The 14.3-inch E-paper display, the size of an A4 sheet of paper, has a resolution of 1280 by 800 pixels, and an ability to display 16.7 million colors, making it perfect for use in high end multimedia apps. The displays are less than 300 micrometers thin, and the use of metal foil and plastic substrates (rather than glass substrate) makes the display bendable and durable.

The flexible display market is projected at a US $5.9 billion market by 2010, rising to US$12 billion by 2015.

LG Display, is also planning to roll out 18.9-inch 16:9 LCD monitor panels at the end of Q3.

Go LG Display