LG Display and Sony agreed on supply of flexible OLED-displays for smartphones of the Japanese manufacturer. Sony already uses them displays in their TVs, and at In due time this was a very good decision.
What is it for?
Now Sony smartphones occupy a very modest share of the world market , but here u myself on the motherland is second only to Apple, occupying 14.9% of the market. AT back breathe Samsung (8.2%), Sharp (7.3%) and Fujitsu (8.9%). Not it is excluded that with flexible screens LG Display company will finally " modernize " its devices or think about release of folding smartphones, thus recovering the place under the sun on world market.
Release of TVs with OLED has become a successful step for the Japanese company: in the In the first half of 2017, profits broke all records for the last 10 years. AT As a result, the manufacturer increased annual sales of TV from 12 to 12.5 million units.
Yes and for LG Display new contracts are now needed. Because of the fall in prices for panels and unfavorable exchange rate fluctuations, net profit for The fourth quarter of 2017 decreased in 19 times by compared to the indicator of the same period of 2016. Total annual revenue decreased by 10.2%.
Source: Business Korea