Digital TV News: LG Display

Global TV shipments in 2023 down 2.7% YoY at 195 million units
Feb 1, 2024 – TrendForce research indicates that global TV shipments in 2023 were approximately 195 million units - down 2.7% YoY. In the first quarter of 2024 shipments are expected to decrease by 18.9% QoQ.
News categories: TrendForce, Digital TV, Market Research, Smart TV, Worldwide

Weighted average TV panel shipped exceeds 50" for the first time
Jul 24, 2023 – Research from Omdia indicates that, for the first time, the monthly LCD TV display shipment weighted average size has surpassed 50", as panel makers shift to larger sizes.
News categories: Omdia, David Hsieh, Digital TV, Market Research, Smart TV, Worldwide

Omdia reveals market is favoring China panel makers
May 16, 2023 – Competition from China’s top tier TV makers is on the rise with TCL and Hisense accounting for 24% of TV panel purchases in 1Q23, up from 22% in 2022, and higher than the historical average of 19%.
News categories: Omdia, Deborah Yang, Digital TV, Market Research, Smart TV, Worldwide

Global TV shipments expected to drop 24.3% QoQ in 1Q23
Feb 21, 2023 – According to TrendForce, global TV shipments are projected to drop by 24.3% QoQ to 41.99 million units for 1Q23. Shipments are then expected to grow by 8.7% QoQ to 45.64 million units for 2Q23.
News categories: TrendForce, China, Digital TV, Market Research, Smart TV, Worldwide

Global TV shipments in 2022 to drop by 3.9% YoY
Dec 21, 2022 – TrendForce estimates that global TV shipments in 2H22 will reach 109 million units, a YoY decline of 2.7%. For the whole of 2022 shipments are projected to total 202 million units, down 3.9% YoY.
News categories: TrendForce, Digital TV, Market Research, Smart TV, Worldwide

TV shipments expected to reach 217 million units in 2022
Jan 25, 2022 – According to TrendForce, the TV set market slowed in 2H 2021, leading to a decline in shipments of 3.2% year-on-year to 210 million units. In 2022, TV shipments are expected to grow by 3.4% to 217 million units.
News categories: TrendForce, Digital TV, Market Research, Smart TV

QLED/OLED TV shipments projected to break records this year
Jun 30, 2021 – Component price hikes and shortages have forced TV brands in 2021 to reduce shipments of mid- and small-sized TVs in favor of the more profitable large-sized, mid- to high-end TVs instead, according to TrendForce.
News categories: TrendForce, Digital TV, Market Research, Smart TV, Worldwide

Chinese suppliers take top three positions in TV panel shipments
Apr 9, 2021 – According to TrendForce, thanks to their rising production capacity and acquisitions, China-based BOE and CSOT, the two largest panel suppliers, are expected to account for about 40% of total TV panel shipments this year.
News categories: TrendForce, Jeanette Chan, Digital TV, Market Research, Smart TV, Worldwide

LG announces world's first Eyesafe-certified TV display
Jan 6, 2021 – LG Display and Eyesafe have announced the world's first Eyesafe Certified TV display. The display was designed to meet Eyesafe requirements for low emissions of blue light and optimal color performance.
News categories: Eyesafe, LG Display, TUV Rheinland, Justin Barrett, Davis Lee, Dr. David Friess, Dr. Soo-Young Yoon, Kalyan Varma, CES2025, Digital TV, Smart TV, UX, Worldwide