Home

The Korea Herald

Latest news

Most Popular

  1. 1

    Jung's paternity reveal exposes where Korea stands on extramarital babies

    Jung's paternity reveal exposes where Korea stands on extramarital babies
  2. 2

    Samsung entangled in legal risks amid calls for drastic reform

    Samsung entangled in legal risks amid calls for drastic reform
  3. 3

    Heavy snow alerts issued in greater Seoul area, Gangwon Province; over 20 cm of snow seen in Seoul

    Heavy snow alerts issued in greater Seoul area, Gangwon Province; over 20 cm of snow seen in Seoul
  4. 4

    [Herald Interview] 'Trump will use tariffs as first line of defense for American manufacturing'

    [Herald Interview] 'Trump will use tariffs as first line of defense for American manufacturing'
  5. 5

    Agency says Jung Woo-sung unsure on awards attendance after lovechild revelations

    Agency says Jung Woo-sung unsure on awards attendance after lovechild revelations
  1. 6

    [Health and care] Getting cancer young: Why cancer isn’t just an older person’s battle

    [Health and care] Getting cancer young: Why cancer isn’t just an older person’s battle
  2. 7

    Seoul blanketed by heaviest Nov. snow, with more expected

    Seoul blanketed by heaviest Nov. snow, with more expected
  3. 8

    K-pop fandoms wield growing influence over industry decisions

    K-pop fandoms wield growing influence over industry decisions
  4. 9

    [Graphic News] International marriages on rise in Korea

    [Graphic News] International marriages on rise in Korea
  5. 10

    Korea's auto industry braces for Trump’s massive tariffs in Mexico

    Korea's auto industry braces for Trump’s massive tariffs in Mexico
지나쌤

LG Display edges out Japan Display in automotive display market

By Lim Jeong-yeo

Published : March 18, 2020 - 13:37

    • Link copied

(LG Display) (LG Display)
LG Display nabbed the top seat in 2019’s automotive display market, edging out Japan Display, IHS Markit data showed Wednesday.

LG Display recorded $1.6 billion revenue in the automotive display segment last year, accounting for 20.1 percent of market domination.

The company manufactures center information displays for cars, dashboard, and rear seat entertainment display panels.

Japan Display, which had previously been ahead in the game, marked $1.1 billion revenue in 2019 and took up 14.1 percent of the market, coming in second.

LG Display’s strentgh is in the 5-inch and 10-inch “big products” line, which is increasingly sought by more automakers due to the emergence of “connected cars” and in-vehicle entertainment systems using larger-than-before digital cockpits.

LG Display supplies panels to Daimler, Benz, BMW, Hyundai and Kia Motors, Toyota, Honda, Tesla and General Motors.

The company’s goal for 2021 is a revenue of 2 trillion won, with plastic organic light-emitting diode products at the forefront of the game.

By Lim Jeong-yeo (kaylalim@heraldcorp.com)

More from Headlines