LG is set to do a comeback in producing its own line of premium monitors and IPS displays for laptops. LG has been a notable major producer for LCD displays worldwide and will want to increase its revenue from in-house development.
Source: LG Display Annual Report 2015
As they are now – they are contributing 7.8% for LG-branded displays, while the lion share of their revenue comes from OEM sales to other brands.
Read on below for the press release.
SINGAPORE, May 30, 2016 – In a highly anticipated move, LG Electronics (LG) today announced it will be bringing back its line-up of premium monitor and laptop models. These solutions will surely be a boon for gamers, computer users, interior designers and those who live life on the go. More notably, the monitors and laptop screens will boast the in-plane switching (IPS) technology, which promises a superior viewing experience.
Manufactured and supplied by the world’s largest producer of IPS panels LG Display, the IPS panels are designed to offer rich, true-to-life colors, deep black levels, amazing contrast and color detail at virtually any angle. Even at wide viewing angles, users can expect consistent picture quality.
LG’s IPS technology is employed in its monitors and laptops, allowing everyday consumers to enjoy the same benefits. Discerning gamers can look forward to an enveloping game experience while professional users like interior designers can see every color and detail in superb definition.
“The IT industry is a fast-evolving one where the only constant is innovation. With the increasing interest for quality display with big screens, LG has decided to launch cutting-edge solution to meet Singaporeans’ demands,” says Brian Yi, LG Singapore’s Product Director of Home Entertainment.
Stay tuned for more information as LG unveils the products to be launched in Singapore soon.