LG Display

LG Display Co., Ltd.
Information
Type	Public company
Industry	Display panels
Founded	1985 (incorporated as Goldstar Software); LG.Philips LCD joint venture launched August 1999
Headquarters	LG Twin Towers, Seoul, South Korea
Notable Personnel	Jeong Cheol-dong (President and CEO)
Products	TFT-LCD and OLED panels for televisions, IT products, mobile devices and cars; OLEDoS microdisplays (development)
Website	https://www.lgdisplay.com

LG Display (LG Display Co., Ltd., formerly LG.Philips LCD) is a South Korean manufacturer of TFT-LCD and OLED display panels, with its principal executive offices at the LG Twin Towers in Seoul. Its panels go into notebook computers, monitors, tablets, televisions, smartphones and other mobile products, and car displays. LG Electronics is its largest shareholder, holding 36.7% of its voting stock according to the company's annual report for 2025. Its common stock trades on the Korea Exchange under the code 034220, and its American Depositary Shares trade on the New York Stock Exchange under the symbol LPL.

LG Display's work in virtual reality and augmented reality centers on high-density panels for head-mounted displays. In 2018 researchers from LG Display and Google described an 18-megapixel, 1,443 ppi OLED-on-glass VR panel in a joint paper. It has since developed OLED-on-silicon (OLEDoS, also called Micro-OLED) microdisplays, including a 1.3-inch panel for VR rated at 10,000 nits that it showed publicly for the first time at SID Display Week 2024. Trade press has reported LG Display's plans to supply microdisplays to Apple and talks with Meta; in June 2024 LG Display's own newsroom said its OLEDoS for VR panel had yet to reach the market in a headset product.

Reviewed 6 October 2026. History, ownership, listings, restructuring and 2024-2026 results checked against the FY2025 SEC Form 20-F and LG Display's Q2 2026 release; CEO, 2018 Google VR panel paper, OLEDoS specifications and awards, and attributed Apple/Meta supply reports checked against the cited sources. About review dates.

History

Origins and the LG.Philips LCD joint venture

LG Display's annual report traces its display business to TFT-LCD research that began in 1987 at the Goldstar R&D Center, then part of LG Electronics. LG Electronics launched a TFT-LCD business division in 1993 and began mass production of TFT-LCD panels at its first fabrication facility, P1, in September 1995.

The legal entity itself is older. It was incorporated in 1985 as Goldstar Software Co., Ltd., a software subsidiary of LG Electronics, and was renamed LG Software in January 1995 and LG Soft in January 1997. At the end of 1998, LG Electronics and LG Semicon transferred their TFT-LCD businesses to LG Soft, which became LG LCD Co., Ltd. In July 1999, LG Electronics agreed a joint venture with Koninklijke Philips Electronics under which Philips acquired a 50% interest in LG LCD. The joint venture, renamed LG.Philips LCD Co., Ltd., was officially launched in August 1999.

In July 2004 the company completed its initial public offering, listing on the Korea Exchange and on the New York Stock Exchange. Effective 3 March 2008 it changed its name from LG.Philips LCD to LG Display, which the company said reflected the expansion of its business scope. Philips sold all of its remaining shares in March 2009.

Shift to OLED

LG Display acquired LG Electronics' active-matrix OLED (AMOLED) business in January 2008 and launched an OLED Business Unit in June 2008. It began producing OLED television panels at its OP1 fabrication facility in 2013, using a white OLED sub-pixel structure with red, green and blue color filters, and it first commercialized its multi-stack Tandem OLED technology in 2019.

The company has since reduced its LCD business. Between 2022 and 2023 it closed the P5, P7 and P62 TFT-LCD fabrication facilities. In September 2024 it agreed to sell its Chinese LCD television panel subsidiaries to TCL China Star Optoelectronics Technology (TCL CSOT) for approximately KRW 2.2 trillion; the entities left its consolidated accounts effective 1 April 2025, and the company stated that it had fully stopped producing TFT-LCD panels for televisions. In February 2026 it agreed to transfer the automotive TFT-LCD module business of LG Display Nanjing to Top Run Total Solution, with completion expected in July 2026.

Leadership and recent results

Jeong Cheol-dong, who had led LG Innotek since 2019, was named chief executive of LG Display in November 2023, succeeding Jung Ho-young, with his term starting on 1 December 2023. He was still President and CEO in July 2026.

Under Korean accounting standards (K-IFRS), LG Display reported an operating loss of KRW 561 billion for 2024 and an operating profit of KRW 517 billion for 2025. For the first half of 2026 it reported revenue of KRW 11.15 trillion and an operating profit of KRW 39 billion, including a second-quarter operating loss of KRW 108 billion that the company attributed partly to one-off workforce costs.

Products

LG Display sells panels to device makers rather than finished consumer products. Its annual report groups them into four product categories:

Category	Panel sizes listed in the 2025 annual report
IT products (notebook computers, desktop monitors, tablets)	Notebooks 11.6 to 18 inches; monitors 15.6 to 51.5 inches; tablets 7.85 to 13 inches
Televisions	22.3 to 98 inches
Mobile and other products (smartphones, other mobile phones, industrial and medical equipment)	Various
Auto products	6.1 to 38.9 inches

The company uses oxide TFT backplanes for large OLED panels and low-temperature polycrystalline silicon (LTPS) or low-temperature polycrystalline oxide (LTPO) backplanes for smaller OLED panels, including those for smartphones and wearable devices. Its XR displays are covered separately below; none of them appears as a product category in the annual report.

XR work

Google VR display (2018)

At SID Display Week in May 2018, Google and LG Display researchers presented a 4.3-inch OLED panel for wide field of view VR headsets. The paper, by Carlin Vieri, Grace Lee and Nikhil Balram of Google and Sang Hoon Jung, Joon Young Yang, Soo Young Yoon and In Byeong Kang of LG Display, appeared in the Journal of the Society for Information Display. According to Road to VR's summary of the paper, the panel had 1,443 ppi, a 120 Hz refresh rate, a pixel pitch of 17.6 micrometers and an acuity of 40 pixels per degree, and was designed for a field of view of 120 degrees horizontal by 96 degrees vertical. It used a white OLED with a color filter structure on an n-type LTPS backplane, and the researchers paired it with a foveated pixel pipeline for mobile VR and AR systems.

OLEDoS microdisplays

OLEDoS (OLED on silicon) is LG Display's name for microdisplays in which the OLED layers are deposited on CMOS pixel circuits built on a silicon wafer, instead of on thin-film transistors on glass. The company says this allows pixel densities in the thousands of pixels per inch, compared with several hundred for conventional OLED panels, and reduces the visible screen door effect in VR headsets.

LG Display launched an OLEDoS panel at SID Display Week 2020: a 0.42-inch 1280x720 panel at 3,500 PPI with a color-filter design and brightness above 4,000 nits, according to OLED-Info. In May 2021 OLED-Info reported that the company was developing a 1.16-inch 3K OLED microdisplay aimed at VR and a high-brightness 4K version, and that the 0.42-inch panel's brightness figure had been raised to over 5,000 nits.

At SID Display Week 2024 in San Jose (14 to 16 May 2024), LG Display showed a 1.3-inch "OLEDoS for VR" panel to the public for the first time. The company rated it at 10,000 nits and around 4,000 ppi ("4K class"), with more than 97% coverage of the DCI-P3 color space. It combined a newly developed OLED element with LG Display's Micro Lens Array (MLA), a layer of micrometer-sized convex lenses that extracts light otherwise lost to internal reflection; the company says the combination raised brightness by about 40% compared with the standard level. In its coverage, Tom's Guide reported a resolution of 3840 x 3840 and a pixel density of 4,175, and noted that LG had not named any headset that would use the panel.

LG Display's research paper on the panel was selected as a Distinguished Paper of the Year at Display Week 2024, which the company described as a recognition given to the top 5% of more than 500 submitted papers. The panel also won a People's Choice Award in the "Best AR/VR/MR Demo Product" category at the show. The same month, SID gave a Special Recognition Award to Joon-young Yang, head of LG Display's Precedence Technology Laboratory; the company credited him with optimizing the OLEDoS design for XR devices. LG Display showed the VR panel again at IMID 2024 in Jeju in August 2024. A June 2024 feature in the company's own newsroom said that OLEDoS for VR had yet to reach the market in a headset product.

Year	Panel	Type	Stated specifications	Status
2018	4.3-inch VR panel (with Google)	OLED on glass	1,443 ppi, 120 Hz, 18 megapixels	Research paper
2020	0.42-inch OLEDoS	Micro-OLED	1280x720, 3,500 PPI, over 4,000 nits (later over 5,000 nits)	Launched at SID Display Week 2020
2021	1.16-inch OLEDoS	Micro-OLED	3K resolution, aimed at VR	Reported in development
2024	1.3-inch OLEDoS for VR	Micro-OLED with MLA	10,000 nits, around 4,000 ppi, over 97% DCI-P3	Shown at SID Display Week 2024 and IMID 2024

Reported supply talks

Several reports about LG Display and headset makers come from Korean outlets and have not been confirmed by the companies involved.

• In June 2022, MacRumors, citing The Elec, reported that LG Display was believed to be ordering micro-OLED deposition equipment from Sunic System in the hope of supplying the main displays for a second-generation Apple headset. The same report said Sony was expected to supply the main micro-OLED panels for Apple's first headset, with LG Display rumored to provide only conventional OLED panels for its outer "indicator" screen.
• In November 2022, UploadVR, citing the Korean broadcaster SBS Biz, reported that Meta executives had met display division executives from Samsung and LG in South Korea to discuss OLED and MicroLED microdisplays for VR and AR devices.
• In April 2023, Display Daily reported that LG Display had not yet ordered the equipment for an OLEDoS production line, putting the planned investment at an estimated 100 to 200 billion won and and said the company's financial difficulties were believed to be the reason for the delay. In September 2023, BGR, citing The Elec, reported that LG Display had decided not to invest in OLEDoS that year, citing the company's performance, uncertain profitability and technical difficulties, and supply chain sources who said Apple's Vision Pro panel volumes did not justify an investment of up to 150 million US dollars.

LG Display is a separate company from LG Electronics, whose own consumer XR products, such as the LG 360 VR, are covered in the LG Electronics article.

See also

• LG
• Micro-OLED
• OLED
• LCD
• Microdisplay
• Samsung Display
• Japan Display
• Sony Semiconductor Solutions
• BOE Technology Group