[Concall] LG Electronics "OLED TV Market Share at About 70%... Maintaining Dominant Position"

[Asia Economy Reporter Jeong Hyunjin] On the 29th, during the Q2 earnings conference call, LG Electronics stated, "LG Electronics' OLED market share is at about 70%, establishing a dominant market position," and added, "This market position is expected to continue in the future."

LG Electronics said, "There are currently 19 companies entering the OLED TV market," and noted, "With the entry of these competitors, the market size is expanding, which is expected to broaden the OLED TV ecosystem." They continued, "Due to the increase in OLED TV volume, cost reductions from yield improvements will outweigh panel price increases," adding, "These cost improvement factors will have a positive impact on our company."