LG Display has announced that its cumulative sales of white OLED (WOLED) panels have surpassed 50 million units. This milestone follows the company's success in mass-producing the world's first 55-inch Full HD OLED TV panel in 2013, which has since expanded the large OLED market from TVs to monitors.
On October 28, LG Display reported that it has crossed the 50 million mark in cumulative sales of large OLED panels.
Starting with the 55-inch OLED TV panel in 2013, LG Display has expanded its lineup to include an 88-inch 8K OLED TV panel in 2018 and a 97-inch OLED TV panel in 2022, covering sizes from 40 inches to 90 inches.
The cumulative sales exceeded 10 million units in 2020, followed by 20 million in 2021, 30 million in 2023, and 40 million in 2025. It took just about a year to reach the 50 million mark thereafter.
Recently, LG Display has shifted its focus beyond TVs to include gaming and professional monitors. In May, the company began mass production of the world's first 240Hz RGB stripe OLED panel, and last month, it launched a 24.5-inch 720Hz gaming OLED panel.
Utilizing the fast response time of WOLED, LG Display is also expanding into the gaming monitor market. The company has introduced high-refresh-rate products and those featuring Dynamic Frequency & Resolution (DFR) technology, broadening its lineup from 45-inch 21:9 models to esports-focused 24.5-inch monitors.
Looking ahead, LG Display plans to extend the application of WOLED to office and professional monitors. The strategy aims to increase the range of products tailored to customer environments and demands, thereby broadening the large OLED market.
LG Display is also accelerating its transition to an OLED-centric business structure. After ending its large LCD operations last year, the company is enhancing its product portfolio focused on profitability through increased shipments of large and mobile OLEDs in the third quarter of this year.
“The achievement of surpassing 50 million WOLED units is the result of our employees' efforts to overcome challenging business environments and difficult tasks,” said LG Display CEO Jeong Cheol-dong. “Based on the WOLED technology accumulated over the past 13 years, we will quickly seize differentiated future display technologies and build a moat of technological and business competitiveness that competitors cannot easily surpass.”
* This article has been translated by AI.
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