OLED TVs are in trouble – but that could be good news for cheaper prices

A slump in TV sales caused LG Display to post record losses after the company struggled to offset the effects of slowing consumer demand. LG Display is the part of LG that makes display panels and is the only supplier of standard OLED panels to other TV manufacturers – almost all the best OLED TVs use their displays except those that use QD-OLED (made by Samsung Electronics ) .

The South Korean manufacturer published its financial results for the third quarter of 2022 earlier this week, with the report revealing an operating loss of more than $540 million for the quarter.

Leave a Reply

Your email address will not be published. Required fields are marked *