LG Display (LGD) recently announced that it has secured a contract for an automotive display project from a globally renowned automaker.
Image source: LGD
LGD stated that the project was the result of close collaboration and joint efforts among the company's various departments, including product planning, sales, development, and process. The company broke through the traditional path of supplying products through automotive electronics system suppliers (Tier 1) and successfully signed contracts directly with automakers.
In this project, LGD will provide customers with P-OLED technology displays. The screens use flexible plastic as a substrate, which are lightweight and bendable while maintaining high display quality.
It is reported that LGD is already one of the world's leading automotive display suppliers. In 2024, LGD's automotive display business revenue reached 2.281 trillion won (approximately 12 billion yuan), breaking through the 2 trillion won mark for the first time.
Currently, in the automotive display field, LG Display primarily provides LCD and OLED panels, with applications covering central control screens, instrument panels, passenger entertainment screens, rear-seat entertainment screens, and electronic rearview mirrors. Its products are already used in mass-produced models from well-known automakers such as Mercedes-Benz, BMW, Audi, GM, and Toyota. (Source: TrendForce Display)
