[Concall] LG Display "Aiming for 30% Premium TV Market Share This Year"

[Asia Economy Reporter Han Yeju] LG Display has set a goal to increase its premium TV market share to 30% this year.

During the Q4 earnings conference call held on the 27th, LG Display stated, "We expect OLED shipments this year to be similar to last year," adding, "Recently, changes in high-end demand have emerged and uncertainties exist, so we will monitor the market conditions and strengthen our market share in the high-priced TV segment from the high 20% range last year to over 30% this year based on the differentiated value of OLED."

They continued, "We plan to intensively carry out flexible and proactive production adjustments linked to actual demand and fixed cost reduction activities, aiming to normalize inventory levels for distribution and set customers."