LG Display and Samsung race Chinese rivals as LCD woes deepen

South Korean companies gear up for transition to OLED to keep edge

20190920 TECH-IFA/

LG shows off its OLED 8K television at the IFA consumer tech fair in Berlin on Sept. 5. © Reuters

KIM JAEWON and LAULY LI, Nikkei staff writers

SEOUL/TAIPEI -- Samsung Display and LG Display are racing to stay ahead of their Chinese rivals as a supply glut of LCD panels accelerates the shift to next-generation displays.

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