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LG Philips Name Change

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LGLG Philips LCD will become LG Display after the company’s GM on February 29.

The name will reflect Philips’ equity stake reduction and LG’s intent to pursue display technologies beyond LCD. Like the world’s highest res 14.3-inch flexible color E-paper they displayed at CES 2008. The size of an A4 sheet of paper, it has a resolution of 1280 by 800 pixels, displaying 16.7 million colors. Less than 300 micrometers thin (and with the use of metal foil and plastic --rather than glass--substrates), this display is bendable and durable.

The flexible display market may be US$5.9 billion by 2010, rising to US$12 billion by 2015.

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