We turned around last year's results. This year, we plan to secure profitability based on technology and create a new turning point to move forward.
Jeong Chul-dong, president of LG Display, said this on the 5th (local time) while meeting with reporters at the company's private booth for in-vehicle display solutions set up in the West Hall of the Las Vegas Convention Center (LVCC), the mobility technology exhibition venue at CES 2026. He said, "This year's business plan is to secure No. 1 technology and strengthen corporate competitiveness through an additional step of cost reduction," adding, "The goal is to deliver better results than last year."
Jeong was confident the company's organic light-emitting diode (OLED) business can grow further in the era of artificial intelligence (AI). He said, "OLED will be the most effective display medium for the ongoing AI transition," adding, "It is a technology that implements displays as users intend, based on world-class color reproduction and response speed." He added, "In line with the development of robots, LG Display also plans to keep pace with customer needs."
Regarding LG Display's CES showcase this year, Jeong said, "We will introduce more advanced OLED technology," adding, "We will show the company's further progress through OLED innovation."
On entering the 8.6-generation information technology (IT) OLED panel market, where rival display makers are moving to establish mass-production systems, he took a cautious stance. Jeong said, "The pace of transition from LCD to OLED differs by product, such as tablets, laptops and monitors," adding, "Because the (8.6-generation IT OLED) market is not yet large enough in economic scale, we plan to respond with existing infrastructure." He added, "If the market grows, we will respond in various ways."
The 8.6-generation IT OLED refers to a process that produces panels for devices such as laptop and tablet monitors from large glass mother sheets. In the industry, the size of the glass substrate processed at one time in a factory is classified by generation. The 8.6-generation generally refers to mother sheets of about 2,290 mm × 2,620 mm.
LG Display, which led the liquid crystal display (LCD) market and achieved growth, has posted losses amid low-price offensives by local corporations backed by massive support from the Chinese government. Abandoning LCD competition with Chinese firms and pushing a pivot centered on organic light-emitting diodes (OLED), the company recorded cumulative losses of more than 5 trillion won from 2022 to the first half of 2024 due to massive facility investments.
In response, LG Display increased the production share of high value-added products centered on OLED and carried out strong cost improvements, recording a profit of 431 billion won in the third quarter of this year. The securities industry estimated that LG Display also posted around 420 billion won in operating profit in the fourth quarter of last year.