SEOUL, Oct 19 Asia Pulse – LG.Philips LCD Co., the world’s second-largest maker of liquid crystal display (LCD), said Tuesday it has developed the world’s largest organic light emitting diode (OLED) display panel with its sister firm LG Electronics Inc., South Korea’s second-largest electronics company.
The new 20.1-inch display, which it claims is the biggest OLED screen yet, will be displayed at an industry fair in Japan’s Yokohama from Wednesday, LG.Philips said in a statement.
OLED screens emit their own light, eliminating the need for back lighting and allowing equipment makers to develop slimmer and more power efficient monitors.
Some Japanese and South Korean flat-panel display manufacturers including Samsung SDI Co. are banking on OLED displays because they offer higher quality pictures than LCDs or plasma display panel (PDP) displays.
The market for OLEDs is forecast to grow to US$4 billion in 2008 from a projected $470 million this year, according to iSuppli Corp., a technology market researcher.