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DuPont Provides Update on Separation Plans, Reaffirms Financial Guidance

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Accelerates the tax-free spin-off of its Electronics business, now targeting November 1, 2025DuPont to retain the Water business within its portfolioReaffirms fourth quarter and full year 2024 net sales, operating EBITDA and adjusted EPS financial guidance ahead of its February 11th earnings call

WILMINGTON, Del., Jan. 15, 2025 /PRNewswire/ — DuPont (NYSE:DD) today announced the acceleration of the separation of its Electronics business and is now targeting November 1, 2025 to complete the transaction. This decision recognizes the size and importance of Electronics to the overall shareholder value creation opportunity and DuPont’s desire to complete the separation as quickly as possible.

Additionally, DuPont no longer intends to separate its Water business. The company evaluated all strategic alternatives and concluded the best path to generate value is for the Water business to remain in the DuPont portfolio. This also enhances DuPont’s ability to continue optimizing its portfolio following the Electronics separation.

“We remain confident in the opportunity to create significant shareholder value through the separation of the Electronics business,” said Ed Breen, DuPont Executive Chairman. “Achieving an independent Electronics company as soon as possible is the right decision for our shareholders.”

“We remain excited about the value creation opportunity for DuPont following the Electronics separation,” added Lori Koch, DuPont Chief Executive Officer. “The decision for Water to remain with DuPont provides the new organization with greater strategic flexibility over time and another high growth business alongside Healthcare. We continue to have conviction in the attractive outlook for Water and expect 2025 to be a strong year for the business.” 

Reaffirms Fourth Quarter and Full Year 2024 Financial Outlook

DuPont reaffirms its fourth quarter and full year 2024 financial guidance for net sales, operating EBITDA and adjusted EPS as provided on November 5, 2024 as part of its third quarter earnings release, including the expected continued improved performance in Water.

About DuPont
DuPont (NYSE: DD) is a global innovation leader with technology-based materials and solutions that help transform industries and everyday life. Our employees apply diverse science and expertise to help customers advance their best ideas and deliver essential innovations in key markets including electronics, transportation, construction, water, healthcare and worker safety. More information about the company, its businesses and solutions can be found at www.dupont.com. Investors can access information included on the Investor Relations section of the website at investors.dupont.com.

DuPont™ and all products, unless otherwise noted, denoted with ™, SM or ® are trademarks, service marks or registered trademarks of affiliates of DuPont de Nemours, Inc.

Overview
On May 22, 2024, DuPont announced a plan to separate each of its Electronics and Water businesses in a tax-free manner to its shareholders. On January 15, 2025, DuPont announced it is targeting November 1, 2025, for the completion of the intended separation of the Electronics business (the “Intended Electronics Separation”). DuPont also announced that it would retain the Water business.

The Intended Electronics Separation will not require a shareholder vote and is subject to satisfaction of customary conditions, including final approval by DuPont’s Board of Directors, receipt of tax opinion from counsel, the filing and effectiveness of a Form 10 registration statement with the U.S. Securities and Exchange Commission, applicable regulatory approvals and satisfactory completion of financing. 

Cautionary Statement Regarding Forward Looking Statements
This communication contains “forward-looking statements” within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In this context, forward-looking statements often address expected future business and financial performance and financial condition, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” “target, “outlook,” “stabilization,” “confident,” “preliminary,” “initial,” and similar expressions and variations or negatives of these words. All statements, other than statements of historical fact, are forward-looking statements, including statements regarding outlook, expectations and guidance. Forward-looking statements address matters that are, to varying degrees, uncertain and subject to risks, uncertainties, and assumptions, many of which that are beyond DuPont’s control, that could cause actual results to differ materially from those expressed in any forward-looking statements.

Forward-looking statements are not guarantees of future results. Some of the important factors that could cause DuPont’s actual results to differ materially from those projected in any such forward-looking statements include, but are not limited to: (i) the ability of DuPont to effect the Intended Electronics Separation and to meet the conditions related thereto; (ii) the possibility that the Intended Electronics Separation will not be completed within the anticipated time period or at all; (iii) the possibility that the Intended Electronics Separation will not achieve its intended benefits; (iv) the impact of Intended Electronics Separation on DuPont’s businesses and the risk that the separation may be more difficult, time-consuming or costly than expected, including the impact on DuPont’s resources, systems, procedures and controls, diversion of management’s attention and the impact and possible disruption of existing relationships with customers, suppliers, employees and other business counterparties; (v) the possibility of disruption, including disputes, litigation or unanticipated costs, in connection with the Intended Electronics Separation; (vi) the uncertainty of the expected financial performance of DuPont or the separated company following completion of the Intended Electronics Separation; (vii) negative effects of the announcement or pendency of the Intended Electronics Separation on the market price of DuPont’s securities and/or on the financial performance of DuPont; (viii) the ability to achieve anticipated capital structures in connection with Intended Electronics Separation, including the future availability of credit and factors that may affect such availability; (ix) the ability to achieve anticipated credit ratings in connection with the Intended Electronics Separation; (x) the ability to achieve anticipated tax treatments in connection with the Intended Electronics Separation and completed and future, if any, divestitures, mergers, acquisitions and other portfolio changes and the impact of changes in relevant tax and other laws; (xi) risks and uncertainties related to the settlement agreement concerning PFAS liabilities reached June 2023 with plaintiff water utilities by Chemours, Corteva, EIDP and DuPont; (xii) risks and costs related to each of the parties respective performance under and the impact of the arrangement to share future eligible PFAS costs by and among DuPont, Corteva and Chemours, including the outcome of any pending or future litigation related to PFAS or PFOA, including personal injury claims and natural resource damages claims; the extent and cost of ongoing remediation obligations and potential future remediation obligations; and changes in laws and regulations applicable to PFAS chemicals; (xiii) indemnification of certain legacy liabilities; (xiv) the failure to realize expected benefits and effectively manage and achieve anticipated synergies and operational efficiencies in connection with the Intended Electronics Separation and completed and future, if any, divestitures, mergers, acquisitions, and other portfolio management, productivity and infrastructure actions; (xv) the risks and uncertainties, including increased costs and the ability to obtain raw materials and meet customer needs from, among other events, pandemics and responsive actions; (xvi) timing and recovery from demand declines in consumer-facing markets, including in China; (xvii) adverse changes in worldwide economic, political, regulatory, international trade, geopolitical, capital markets and other external conditions; and other factors beyond DuPont’s control, including inflation, recession, military conflicts, natural and other disasters or weather-related events, that impact the operations of DuPont, its customers and/or its suppliers; (xviii) the ability to offset increases in cost of inputs, including raw materials, energy and logistics; (xix) the risks associated with demand and market conditions in the semiconductor industry and associated end markets, including from continuing or expanding trade disputes or restrictions, including on exports to China of U.S.-regulated products and technology; (xx) the risks, including ability to achieve, and costs associated with DuPont’s sustainability strategy, including the actual conduct of DuPont’s activities and results thereof, and the development, implementation, achievement or continuation of any goal, program, policy or initiative discussed or expected; (xxi) other risks to DuPont’s business and operations, including the risk of impairment; (xxii) the possibility that DuPont may fail to realize the anticipated benefits of the $1 billion share repurchase program announced on February 6, 2024 and that the program may be suspended, discontinued or not completed prior to its termination on June 30, 2025; (xxiii) the risks associated with the termination of the previously announced plan to separate DuPont’s Water business; and (xxiv) other risk factors discussed in DuPont’s most recent annual report and subsequent current and periodic reports filed with the U.S. Securities and Exchange Commission. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements. Consequences of material differences in results as compared with those anticipated in the forward-looking statements could include, among other things, business or supply chain disruption, operational problems, financial loss, legal liability to third parties and similar risks, any of which could have a material adverse effect on DuPont’s consolidated financial condition, results of operations, credit rating or liquidity. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. DuPont assumes no obligation to publicly provide revisions or updates to any forward-looking statements whether as a result of new information, future developments or otherwise, should circumstances change, except as otherwise required by securities and other applicable laws.

Non-GAAP Financial Measures
Operating EBITDA and adjusted EPS are considered non-GAAP financial measures. DuPont’s management believes these non-GAAP financial measures are useful to investors because they provide additional information related to the ongoing performance of DuPont to offer a more meaningful comparison related to future results of operations. For more information on how DuPont defines and uses these measures, please see “Non-GAAP Financial Measures” in the Investor Overview presentation available in the Investors section of  www.dupont.com.

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SOURCE DuPont

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Technology

Analog Integrated Circuit Market to Grow by USD 17.12 Billion (2025-2029), Driven by Consumer Electronics Demand; AI Driving Market Transformation – Technavio

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45 minutes ago

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January 16, 2025

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NEW YORK, Jan. 15, 2025 /PRNewswire/ — Report with the AI impact on market trends – The global analog integrated circuit market size is estimated to grow by USD 17.12 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  4.6%  during the forecast period. Increasing demand for consumer electronics is driving market growth, with a trend towards increasing demand for iot devices. However, complex design process of analog ics  poses a challenge. Key market players include Analog Devices Inc., Infineon Technologies AG, MediaTek Inc., Microchip Technology Inc., NXP Semiconductors NV, ON Semiconductor Corp., Ozark Integrated Circuits, Inc., Qualcomm Inc., Renesas Electronics Corp., Skyworks Solutions Inc., STMicroelectronics NV, Taiwan SEMICONDUCTOR CO. LTD., and Texas Instruments Inc..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

Analog Integrated Circuit Market Scope

Report Coverage

Details

Base year

2024

Historic period

2019 – 2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 4.6%

Market growth 2025-2029

USD 17.12 billion

Market structure

Concentrated

YoY growth 2022-2023 (%)

4.4

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 49%

Key countries

China, US, Japan, Germany, India, Canada, South Korea, UK, France, and Italy

Key companies profiled

Analog Devices Inc., Infineon Technologies AG, MediaTek Inc., Microchip Technology Inc., NXP Semiconductors NV, ON Semiconductor Corp., Ozark Integrated Circuits, Inc., Qualcomm Inc., Renesas Electronics Corp., Skyworks Solutions Inc., STMicroelectronics NV, Taiwan SEMICONDUCTOR CO. LTD., and Texas Instruments Inc.

Market Driver

The Analog Integrated Circuit (IC) market is experiencing significant growth due to the increasing demand for advanced technologies like 5G and 6G. Aluminum and silicon are popular materials used in the production of Analog ICs, including amplifiers, comparators, and data converters. Application-specific ICs, such as audio amplifiers and sensors, are in high demand for consumer electronics like smartphones, tablets, and laptops. In the automotive sector, Analog ICs are essential for modern automobiles, autonomous vehicles, and traffic light indicators. Safety features like collision prevention rely on these circuits. Semiconductor devices, including CMOS analog ICs, are used in various applications, from industrial automation to medical electronics. Counterfeit semiconductors pose a threat to the industry, necessitating stringent quality control measures. Process technology innovations, such as surface-mount technology and electronic manufacturing services, streamline production. The market for Analog ICs is diverse, with applications in communication systems, LED lighting, and wireless microcontrollers. Automotive electronics, consumer electronics, and telecommunication electronics are significant end-users. Direct sales and retail sales channels cater to various industries, including healthcare monitoring, IoT devices, and sensor interfacing. Power Analog ICs are crucial for portable device batteries and DC amplifiers. The Analog IC market is expected to continue growing, driven by the demand for mixed-signal analog, digital integrated circuits, and microprocessors. 

Analog Integrated Circuits (ICs) play a vital role in the functioning of Internet of Things (IoT) devices. These devices are equipped with various sensors that collect real-time data from the environment. Analog ICs convert analog signals from these sensors, such as temperature, pressure, and light levels, into digital data for further processing. They condition signals by amplifying, filtering, and processing analog data to ensure accuracy and reliability. Power efficiency is crucial for IoT devices, especially those operating on battery power. Low-power Analog ICs help manage and optimize power consumption, extending device functionality and longevity. In summary, Analog ICs are essential components in IoT systems, converting and conditioning analog signals while ensuring power efficiency. 

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Market Challenges

The Analog Integrated Circuit (IC) market is experiencing significant growth due to the increasing demand for advanced technologies like 5G and 6G. Aluminum and silicon are popular materials used in the production of Analog ICs, including amplifiers, comparators, and data converters. The automotive industry is a major consumer, with applications in safety features, infotainment systems, and autonomous vehicles. Semiconductor devices, such as microprocessors and sensors, are essential components. Challenges include counterfeit semiconductors, process technology advancements, and the need for miniaturization. Device innovations include Linear Integrated Circuits, DC amplifiers, and power Analog ICs. End consumers include the electronics industry, medical devices, and telecommunication electronics. OEMs and EMS providers use QFN and surface-mount technology for direct sales and retail distribution. Applications span from consumer electronics like smartphones and tablets to industrial automation and healthcare monitoring. Analog ICs are also crucial for LED lighting applications, Bluetooth low energy, and traffic light indicators.Analog Integrated Circuits (ICs) are customized for specific applications, necessitating intricate design processes. These circuits demand high precision and tight tolerances, making the design phase complex. Interaction between analog and digital components on the same chip adds to the challenge. Advanced techniques are required to manage noise and interference, common in analog circuits, especially in applications where signal quality is critical. Designing effective analog ICs involves sophisticated design methods and rigorous testing to meet unique requirements.

Discover how AI is revolutionizing market trends- Get your access now!

Segment Overview 

This analog integrated circuit market report extensively covers market segmentation by

Type 1.1 General purpose ICs1.2 Application-specific ICsEnd-user 2.1 Consumer electronics2.2 Communication2.3 Automotive2.4 Industrial2.5 OthersGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 General purpose ICs-  Analog Integrated Circuits (ICs) are fundamental building blocks in various electronic systems, providing solutions for signal amplification, comparison, conversion, and regulation. General-purpose ICs, such as Operational Amplifiers (Op-Amps), are widely used for amplifying signals in applications like audio systems, instrumentation, and control systems. Op-amps can be configured as inverting or non-inverting amplifiers, offering high gain for amplifying small signals. Comparators are essential for threshold detection, providing a high or low output based on input voltage comparisons. They are used in signal conditioning and power supply systems for noise filtering and voltage monitoring. Analog-to-Digital Converters (ADCs) are crucial interfaces for converting continuous analog signals into discrete digital representations, enabling further processing in digital systems. Op-amps are employed in ADCs as signal conditioning elements, while comparators determine the quantization level of input signals. Voltage regulators utilize analog ICs, including comparators and voltage references, to regulate output voltage and current, ensuring efficient and safe charging of batteries. Op-amps serve as the foundation for various data converters, amplifying and conditioning analog signals for accurate and stable conversion.

Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics

Research Analysis

The Analog Integrated Circuit (IC) market encompasses a wide range of electronic components that process time-varying signals, converting and amplifying Voltage, Charge, and Current. These circuits are essential for various applications, including 5G and future 6G technologies, audio amplifiers, DC amplifiers, multi-vibrators, oscillators, LED lighting applications, data communication systems, display drivers, traffic light indicators, and electronic prototyping. Analog ICs are made using different materials such as Silicon, Germanium, Palladium, Copper, Titanium, Aluminum, and Iron Ore. The process technology used in their manufacturing plays a crucial role in determining their performance and power consumption. Discrete analog circuits and mixed-signal design are integral to the development of Analog ICs. Semiconductor design, control systems, hardware design, RF design, microcontroller, and FPGA are some of the key areas where Analog ICs are extensively used. Applications span across various industries, including consumer electronics such as smartphones, feature phones, tablets, and industrial automation systems. Circuit simulation and circuit elements are also crucial in the design and development of Analog ICs.

Market Research Overview

The Analog Integrated Circuit (IC) market encompasses a wide range of semiconductor devices that process and convert continuous signals. These circuits are essential for various applications, including 5G and future 6G communication systems, automotive electronics, consumer electronics, and industrial automation. Analog ICs consist of circuit elements such as comparators, amplifiers (DC and audio), oscillators, and data converters. Materials like silicon, aluminum, copper, germanium, palladium, and titanium are used in their fabrication. Device innovations, such as CMOS analog ICs and THT packages, enable smaller size, lower power consumption, and higher performance. Applications include charge management in portable devices, safety features in automotive systems, and sensor interfacing in medical devices. The market caters to both OEM and retail sales, with key applications including infotainment systems, autonomous vehicles, and IoT devices. Analog ICs are also crucial in modern automobiles, traffic light indicators, and LED lighting applications. The design process involves process technology advancements and collaboration between semiconductor companies and end consumers. Counterfeit semiconductors pose a challenge to the market’s growth, requiring stringent quality control measures.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeGeneral Purpose ICsApplication-specific ICsEnd-userConsumer ElectronicsCommunicationAutomotiveIndustrialOthersGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Technology

Massive Gaming, Neowiz, and Kangwon Land Launched ‘Shen Shou Wan fu’ Slot Machine Offline

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2 hours ago

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January 16, 2025

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‘Shen Shou Wan fu’ is an online slot game that features three powerful guardians, symbolizing immense wealth

Now available as physical slot machines in offline casinos through a collaboration with Kangwon Land

MVG plans to expand distribution with exclusive B2B rights to online channels for slot games

SYDNEY, Jan. 16, 2025 /PRNewswire/ — Massive Gaming(“MVG”) announced that it has launched the ‘Shen Shou Wan fu (神兽万福)’ slot game, co-developed with Neowiz, MVG’s parent company, and Kangwon Land, which hosts the only casino in South Korea open to locals. The game is now available in offline venues as slot machines.

‘Shen Shou Wan fu’ is an online slot game featuring motifs of the Golden Dragon (JIN LONG), Phoenix (FENGHUANG), and Haetae (XIEZHI), which symbolize luck and prosperity.

The slot machine debuted in offline casino venues. Key personnel from MVG and Neowiz worked closely on the art resources and software design of ‘Shen Shou Wan fu’, ensuring a seamless integration of creative and technical expertise. Kangwon Land managed the slot machine’s hardware design and manufacturing. This launch marks the first commercialization of software-based products through public-private collaboration in South Korea’s casino market.

After successfully establishing ‘Shen Shou Wan fu’ in the Korean market, MVG is ready to leverage this success for aggressive global sales. Holding exclusive rights to the slot game, MVG plans to expand its presence in the regulated gaming market by targeting key regions with strategic marketing and distribution.

A representative stated, “We are pleased to showcase our slot game in offline casinos with Kangwon Land,” adding plans to introduce diverse content for global markets.

Massive Gaming(MVG), a prominent B2B iGaming content provider and a subsidiary of Neowiz (KOSDAQ:095660), offers a diverse range of slot, table, and crash games, as well as an advanced Casino Management System and Live Streaming Services. With brands like Whale House, known for its unique slot games, and Blitzcrown, focused on non-traditional gaming experiences, MVG leads in innovative gaming solutions. Committed to high-quality service and technological excellence, MVG continues to expand its global presence. Learn more at: https://massivegaming.io/

 

 

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SOURCE Massive Gaming Pty. Ltd.

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Technology

LG Display Unveils 4th-Generation OLED Panel Optimized for AI Era

Published

2 hours ago

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January 16, 2025

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SEOUL, South Korea, Jan. 15, 2025 /PRNewswire/ — LG Display, the world’s leading innovator of display technologies, continues to lead the way in large-sized OLED technology by unveiling its fourth-generation OLED TV panel. 33% brighter than the previous generation and optimized for the AI TV era, it is the industry’s first-ever OLED display to achieve a maximum brightness as high as 4,000 nits (1 nit is the brightness produced by a candle).

Panels with both high brightness and energy efficiency are essential for AI TVs, as they use upscaling that analyzes content in real time to deliver ultra-high picture quality of up to 8K. The industry also considers higher brightness to be a key picture quality factor because it enables more vivid images that are akin to natural human vision.

LG Display’s fourth-generation OLED TV panel meets the performance demands of the most advanced AI TVs, interacting in real-time with the TV’s on-device AI to deliver the perfect picture in any environment.   

The new panel’s innovation centers on a Primary RGB Tandem structure, which is LG Display’s proprietary technology that uses independent stacks of RGB elements to produce light. It had previously used a three-stack light source, with two layers of blue elements emitting relatively short energy wavelengths alongside red, green, and yellow elements in a single layer.

The Primary RGB Tandem structure applied to the fourth-generation OLED TV panel organizes the light source into four stacks by adding two layers of blue elements and independent layers of red and green elements. It improves maximum brightness by increasing the amount of light produced by each layer compared to the previous structure.

As well as increasing maximum brightness, LG Display has raised the latest OLED panel generation’s color brightness. Color purity is enhanced by separating the red, green, and blue elements – the three primary colors of light – into distinct layers, resulting in a color brightness of 2,100 nits, a 40% improvement over the previous generation (1,500 nits).

In addition, energy efficiency has been maximized in line with the significantly higher expected power consumption of AI TVs. By enhancing the fourth-generation OLED TV panel’s structure and power supply system, LG Display has reduced its temperature and achieved around 20% greater energy efficiency than the previous generation (in the case of a 65-inch panel).

It also delivers a customer experience that pushes the limits of display with stunning picture quality featuring perfect blacks and rich colors in any environment.

In general, a display’s color reproduction is affected by external light. As the screen reflects ambient light in a bright room, black may appear gray or overlapping reflections of nearby objects might disrupt the viewing experience. For example, while watching content featuring a night sky in a living room in the middle of the day, any sense of immersion would be broken if the sky appears foggy or if reflected furniture overlaps on the screen.

To solve this customer inconvenience, LG Display has developed a special film that offsets both light reflected from the display’s surface and light absorbed and reflected inside the panel. With the advantage of this ultra-low reflection technology, the company’s fourth-generation OLED TV panel blocks 99% of internal and external light reflections, realizing perfect black just like in a movie theater with the lights off even in a midday living room setting (500 lux).

A display’s color gamut and accuracy also decrease dramatically as the viewing environment gets brighter. However, this TV panel sees virtually no change in color gamut and offers 100% color accuracy at 500 lux. It is therefore the only display to overcome the viewing environment limitations of conventional displays.

Meanwhile, the fourth-generation OLED TV panel provides differentiated customer value through human-friendly technologies, such as by emitting only 45% blue light compared with the 70-80% level that would typically be produced by an LCD screen. Blue light is known to negatively affect users’ vision and circadian rhythms.

It additionally stands out as a sustainable display by adopting eco-friendly methods in the entire product life cycle from development to mass production, including using more than 90% fewer plastic raw materials than LCDs and improving the recycling rate of end-of-life product parts to over 92.7%.

LG Display will apply its fourth-generation OLED TV panel to its top-of-the-line mass-produced lineup this year to consolidate its dominance in the premium TV market.

The company then plans to gradually apply its Primary RGB Tandem technology to its Gaming OLED lineup, targeting the high-end gaming market with a diverse range of panels. This already includes the world’s fastest monitor panel equipped with the industry’s highest response speed and refresh rate, which are important specifications for gaming monitors, as well as bendable panels that adjust their curvature according to the gaming content.

“The fourth-generation OLED panel is the essence of innovation that exceeds the limits of existing displays by applying LG Display’s unique technologies such as Primary RGB Tandem and ultra-low reflection technology,” said Hyeon-woo Lee, Senior Vice President and Head of the Large Display Business Unit at LG Display. He added, “We will provide an unprecedented customer experience along with superior picture quality and user-friendly technology while strengthening our OLED technology leadership.”

About LG Display

LG Display Co., Ltd. [NYSE: LPL, KRX: 034220] is the world’s leading innovator of display technologies, including thin-film transistor liquid crystal and OLED displays. The company manufactures display panels in a broad range of sizes and specifications primarily for use in TVs, notebook computers, desktop monitors, automobiles, and various other applications, including tablets and mobile devices. LG Display currently operates manufacturing facilities in Korea and China, and back-end assembly facilities in Korea, China, and Vietnam. The company has approximately 70,707 employees operating worldwide. For more news and information about LG Display, please visit www.lgdisplay.com.

Media Contact:
Joo Yeon Jennifer Ha, Manager, Communication Team
Email: hjy05@lgdisplay.com

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SOURCE LG Display

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