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Stock impact report

Omdia: OLED monitor display shipments to surge by 123% YoY as top brands embrace its technology in 2024 [Yahoo! Finance]

LG Display Co, Ltd AMERICAN DEPOSITORY SHARES (LPL) 
US:NYSE Investor Relations: ir.oled.com/shareholders/default.aspx
Company Research Source: Yahoo! Finance
to Omdia's Monitor Display & OEM Market Tracker . This trend is set to continue with Omdia forecasting a 123% YoY increase in 2024, reaching 1.84 million units, driven by industry leaders Samsung Display and LG Display. "OLED monitors are mostly used for gaming and have gained further traction following the inclusion of esports in the competition for the first time at the 2023 Asian Games in Hangzhou, China . This move marks the transformation of esports projects from a grassroots event to a recognized, official sporting event," says Nick Jiang , Principal Analyst in Omdia's Displays research practice Additionally, the COVID-19 pandemic has impacted consumer behavior, leading to trends such as multiscreen interactions between laptops and monitors, and growing consumer demand for higher monitor specifications, including high resolution and refresh rates. Considering the product management cycle and the three-year after-sales service time for monitor products, Omdia expects the repl Show less Read more
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