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LG Display, Cree ink LED agreement

Posted: 09 Feb 2009 ?? ?Print Version ?Bookmark and Share

Keywords:chips LED? LG Display Cree? agreement LED supply?

LG Display has signed a supply agreement with Cree Inc. for LED chips to be used in LCD backlighting. Under the agreement, LG Display secures a stable supply of LED chips, a key component in next-generation LCD products, and receives technological support from Cree for LED packaging.

LG Display also plans to secure an early lead in LED-backlight notebook PCs by internalizing LED related technologies as LED packaging and LED backlighting production. LG Display will strengthen its leading position in the global notebook LCD market.

"LG Display will expand the share of panels featuring LED-backlight to 60 percent of its total notebook LCD output," said Sang Beom Han, executive VP and head of IT business unit at LG Display. "We will provide differentiated value for our customers and consumers with premium LED-backlight panels."

According to market research firm DisplaySearch, LG Display claimed the largest share of the worldwide notebook LCD market on shipment basis in the Q4 08. The company also launched production of what it claims is the world's first 17.1-inch RGB LED notebook LCD with color reproduction ratio of 105 percent. According to LG Display, it also unveiled the world's slimmest LCD TV panel with an LED direct backlight system.

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