It is expected that LGD's EPD will account for 20% of the global market in 2010.
China Semiconductor Lighting Network reported on December 28 that LG Display (LGD: LG Display) CEO Young-Soo Kwon and Taiwan EPD manufacturer Yuantai Technology (PVI: Prime View International) signed a strategy In the alliance agreement, in 2010, LGD's E-paper display (EPD: e-paper display) will account for 20% of the global e-paper display market share, up from 15% in 2009.
Mr. Young-Soo Kwon pointed out that the cooperation with Yuantai Technology will help LGD to obtain electronic paper from E-Ink Company of the United States in the future. Taiwan Yuantai Technology has acquired the US E-Ink company.
According to Taiwan market research company Digitimes Research, in 2010, the global e-reader market is expected to reach 9.3 million units, up from 3.82 million units in 2009, and E-Ink will occupy more than 90% of the global market share.
Mr. Young-Soo Kwon also said that in terms of TFT-LCD panel business, LGD plans to establish an 8th generation LCD panel factory in Guangzhou, China, which will become the first production line for LCD panels invested by LGD in China.
Mr. Kwon Young Soo, CEO of LGD
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