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Jinse Finance reported that at the K-Display industry conference, LG Display CEO Jeong Ho-young said: Although the current display panel market is very difficult, there is still an (upward) direction. LG Display plans to accelerate its transition to OLED and seek new opportunities in the fields of mobile phones and metaverse. At the same time, he also said that the company expects that in the next five years, the penetration rate of OLED panels in IT products will increase fivefold, and it will become the main solution in the smartphone and TV display panel markets. LG Display will announce the eighth generation of OLED panels later. Plans for OLED products.

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