On the 23rd, LG Electronics held a new TV product launch conference at the LG Electronics Suicao Development Research Park in Seocho-gu, Seoul. The LG-branded OLED TV W (meaning Wall, Wall) is the most eye-catching, and its 4 mm thick display panel can be attached to the wall like a magnet and removed. This product won the highest award in the US International Home Appliances Show 2017 in January. Parts other than the screen such as speakers are separately packaged in other boxes. On the same day, LG Electronics also announced a high-end TV set using a liquid crystal display (LCD) of Nanocell. According to the analysis, LG Electronics holds the leading position in the OLED TV market, and will also compete with Samsung Electronics in the “two-track strategy†in the LCD TV market.
LG Electronics HE business director Quan Fengxi (deputy director) said, "This year there will be 11 TV manufacturers to launch OLED TVs, the market will be even broader." "The sales ratio of OLED TVs will be from last year's 10% is raised to 15% this year."
LG Electronics will submit a revised clause to change the number of registered directors from the current 9 to 7 at the general meeting of shareholders held on the 17th of next month. In the personnel adjustment in December last year, Zhao Chengzhen, the vice president of LG Electronics, and the vice president of LG, Mr. Ben Benjun, and the highest financial officer of LG Electronics, Zheng Daoxian, will serve as members. director. Zhao Junhao, the MC business director (president), will no longer serve as a member of the board of directors.
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