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This was LG Display's third consecutive operating loss and highlights that global panel makers have struggled amid sluggish sales of flat-screen televisions especially in key U.S. and European markets.

LG Display's Net Plunges 96% Jung-Ah Lee 2011

Japan Display's operations will include the development of OLED panels, Mr. Otsuka said.

Panel Businesses Wed Juro Osawa 2011

LG Display's LCDs are used in a wide range of products and the company is a major supplier of displays for use in Apple's iPhones and iPad tablets.

LG Display's Net Plunges 96% Jung-Ah Lee 2011

But LG Display's parent company, LG Electronics Inc., as well as Toshiba and Samsung also make their own tablets.

New iPad Is Two-Edged Sword for Suppliers Yun-Hee Kim 2011

LG Display's results show how global panel makers have suffered from a squeeze in margins as wary consumers in the U.S. and Europe put off purchases of flat-screen televisions.

LG Display Swings to Net Loss Jung-Ah Lee 2011

LG Display's quarterly net profit plunged 96% amid weak demand for flat panels.

What's News— 2011

The Display's real purpose, as far as I have been able to tell, is to be set up and torn down (a feat usually requiring at least six people, three hours, a ladder and a rudimentary knowledge of electrical workings) in various places, never for more than a few days at a time, and rarely twice within six to eight months.

bluemeany Diary Entry bluemeany 2006

The new agreement, which expires on December 31, 2014, will replace Universal Display's current materials supply and service agreement with PPG Industries.

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As per the new agreement, PPG will remain the exclusive manufacturer of Universal Display's proprietary phosphorescent OLED materials, which are sold to the rapidly-growing OLED display and lighting industries.

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LG Display's smaller rivals, Taiwan's AU Optronics and Chimei Innolux Corp have cut their capital spending for this year.

Reuters: Press Release 2011