According to industry sources, LG Electronics plans to launch its first Micro-LED TV in September this year. Samsung Electronics has launched Micro-LED TVs, and the competition between the two companies is expected to shift from QLEDs and OLEDs to Micro-LEDs.
Cho Seong-jin, vice chairman of LG Electronics, visited the TV business unit in Pyeongtaek, Gyeonggi Province on February 21, and pointed out that he would prepare a larger Micro-LED TV than Samsung’s The Wall TV by September of this year. . LG Electronics plans to use LG Innotek's Micro-LED. Wall Wall, the world's first modular Micro-LED video wall, was unveiled at CES2018 last month.
Micro-LED TVs consist of micron-sized LED particles. According to the Yano Research Institute, the global Micro-LED display market is expected to grow from $7 million last year to $4.583 billion in 2025.
At the same time, Samsung Electronics announced on the 22nd that it will not produce any OLED TV. Samsung Electronics said, "Our TV product lineup will be divided into QLED TV and Micro-LED TV, and does not include OLED TV, our Micro-LED TV will be unveiled in August."
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