Report: Can LG start making profitable OLED TVs?

South Korea’s electronics giant LG is facing a dilemma over its organic light emitting diode (OLED) TV business, according to news magazine Business Korea. The report recognises that LG has managed to secure an advantageous position in the global race to lead the next-generation TV market as an increasing number of TV producers have joined the OLED camp. “But the problem is that the increase in the number of OLED TV producers has sharply raised the average selling price (ASP) of large OLED panels, making it difficult for LG to improve the profitability of its OLED TV business.”

Source: Report: Can LG start making profitable OLED TVs?

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