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LGD Moves Past JDI Into 1st Place in Automotive Display Shipments
March 22, 2020
In one of the few markets where display shipments are growing, LG Display took over from JDI as the leading supplier in 2019’s automotive displays, edging out Japan Display. IHS Markit (now Omeda) data had LG Display at $1.6 billion revenue accounting for 20.1 percent of market share. The company manufactures center information displays for cars, dashboard, and rear seat entertainment display panels. Japan Display, which had previously been #1, marked $1.1 billion revenue in 2019 and took up 14.1 percent of the market, coming in second. LG Display’s strength is in the 5-inch and 10-inch “big products” line, which is increasingly sought by more automakers due to the emergence of “connected cars” and in-vehicle entertainment systems using larger-than-before digital cockpits. LG Display supplies panels to Daimler, Benz, BMW, Hyundai and Kia Motors, Toyota, Honda, Tesla and General Motors. The company’s goal for 2021 is a revenue of 2 trillion won ($1.6b), with plastic organic light-emitting diode products at the forefront of the game. From: Lim Jeong-yeo ([email protected])
March 22, 2020
In one of the few markets where display shipments are growing, LG Display took over from JDI as the leading supplier in 2019’s automotive displays, edging out Japan Display. IHS Markit (now Omeda) data had LG Display at $1.6 billion revenue accounting for 20.1 percent of market share. The company manufactures center information displays for cars, dashboard, and rear seat entertainment display panels. Japan Display, which had previously been #1, marked $1.1 billion revenue in 2019 and took up 14.1 percent of the market, coming in second. LG Display’s strength is in the 5-inch and 10-inch “big products” line, which is increasingly sought by more automakers due to the emergence of “connected cars” and in-vehicle entertainment systems using larger-than-before digital cockpits. LG Display supplies panels to Daimler, Benz, BMW, Hyundai and Kia Motors, Toyota, Honda, Tesla and General Motors. The company’s goal for 2021 is a revenue of 2 trillion won ($1.6b), with plastic organic light-emitting diode products at the forefront of the game. From: Lim Jeong-yeo ([email protected])
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