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Last updated on April 16, 2014 at 12:01 EDT

Latest LG Display Stories

AT&T Lawsuit Against LCD Manufacturers Reinstated
2013-02-16 08:38:29

redOrbit Staff & Wire Reports — Your Universe Online Part of AT&T´s price-fixing lawsuit against liquid crystal display panel manufacturers has been reinstated by a US federal appeals court, various media outlets have reported. The 9th Circuit Court of Appeals in San Francisco issued the ruling on Thursday, reversing a lower court ruling and reinstating the telecom giant´s claims. The decision, which was made by a panel of three judges, allows AT&T to...

2013-01-28 08:33:50

LONDON, January 28, 2013 /PRNewswire/ -- On Wednesday, Apple Inc. (NASDAQ: AAPL) released its quarterly results. Although the company sold record number of iPhones in its first quarter, sales fell short of Street estimates. In addition, the technology giant also gave a weaker-than-expected revenue outlook for the current quarter. This does not augur well for LG Display Co. Ltd. (ADR) (NYSE: LPL), which relies heavily on the iPhone. Another major concern for LG Display and rival...

LG Forecasts A Slide In Display Shipments For First Quarter 2013
2013-01-24 11:46:24

Michael Harper for redOrbit.com — Your Universe Online Following the unease after Apple´s final quarterly earnings call last evening, LG has said their shipments of LCD panels for iOS devices would slide in the first quarter of 2013. According to Bloomberg, LG is also blaming a strong won for their slumping profits. LG has reported a net income of $299 billion US in the last quarter of 2012. Analysts were predicting the world´s second largest maker of LCD panels...

2013-01-17 16:24:46

CRESSKILL, N.J., Jan. 17, 2013 /PRNewswire/ -- The Special Master has recommended attorney fees in the largest settlement--$1 billion--ever awarded in a class action suit over price-fixing. In Re: TFT-LCD Antitrust Litigation (07-01827, U.S. District Court, Northern District of California) alleged that from 1996-2006, Asian TFT-LCD panel manufacturers conspired to violate U.S. anti-trust laws, driving up prices and reducing the availability of the products used in televisions, computers, and...

LCD TV Makers Penalized In China For Price-Fixing
2013-01-04 12:44:07

Michael Harper for redOrbit.com — Your Universe Online LCD television manufacturers who have been previously convicted of price-fixing have now met justice in China. LG, Samsung and 4 other Taiwanese companies have been fined a total of $56 million for fixing the prices of their flat-panel TVs.  Part of their penalty involves paying back Chinese television manufacturers who paid too much for their LCDs. This ruling also marks the first time a foreign company has been...

2012-11-20 12:31:52

NEW YORK, Nov. 20, 2012 /PRNewswire/ -- More than 250 touch-screen digital signage displays from LG Electronics are at the heart of a unique program that's bringing interactive kiosks to Manhattan and the outer boroughs over the next several months, LG Electronics USA announced today. (Photo: http://photos.prnewswire.com/prnh/20121120/CG16983) Demonstrating the power of touch-screen technology to connect with locals and tourists alike, the first displays were unveiled today in the Union...

LG, Philips Face EU Fines
2012-11-11 10:48:30

April Flowers for redOrbit.com — Your Universe Online According to unnamed sources, Philips and LG Electronics, along with four other top electronics manufacturers, are facing hefty European Union (EU) fines at the end of the month. Their offense? Price fixing television cathode-ray tubes. The other companies involved are South Korea's Samsung SDI, French group Thomson, which was renamed Technicolor in 2010, and Japanese companies Matsushita, now known as Panasonic Corp, and...

2012-11-06 16:33:01

WASHINGTON, Nov. 6, 2012 /PRNewswire/ -- LG Electronics has prevailed in two U.S. International Trade Commission (ITC) investigations related to liquid crystal display (LCD) patents brought by Taiwanese company Industrial Technology Research Institute and its subsidiary ITRI International (ITRI). (Logo: http://photos.prnewswire.com/prnh/20120524/MM13718LOGO-b) LG's position that it does not violate ITRI's intellectual property rights was affirmed today when ITRI voluntarily moved to...

2012-10-17 11:27:36

SAN FRANCISCO, Oct. 17, 2012 /PRNewswire/ -- The founder of LG Group, In Hwoi Koo, has been inducted into the Consumer Electronics Hall of Fame. Considered the Father of Korea's electronics industry, he was a pioneering entrepreneur who explored the electronics, chemical and energy industries in the early years of Korea's industrialization. Bestowed by the Consumer Electronics Association (CEA), the Consumer Electronics Hall of Fame was created in 2000 to honor the leaders in the consumer...

LG Files OLED Patent Lawsuit Against Samsung
2012-09-27 11:42:11

Michael Harper for redOrbit.com — Your Universe Online Apple isn´t the only company taking Samsung to court over patent infringement. LG has also joined the fray in Korea, saying Samsung has violated seven of their screen technology patents. According to the Wall Street Journal, LG claims Samsung is infringing on patents concerning the design of their OLED panels as well as the driver circuitry behind these panels and the overall design of these screens. LG has said...