LG Display holds TechX technology workshop, shares innovation achievements

[Financial News] LG Display has held an in-house technology workshop to share its achievements in next-generation organic light-emitting diode (OLED) technology and artificial intelligence transformation (AX). The move is seen as highlighting the company’s differentiated competitiveness in the global display market while accelerating its companywide AX transformation.
LG Display said on the 12th that it is holding its display technology workshop, TechX, over three days starting on the 11th, centered at its site in Paju, Gyeonggi Province. The event, being held for the first time this year, was designed to share with employees the technological competitiveness built up over the past 20 or so years and give them hands-on experience with examples of work innovation using AX. 
At the event, LG Display unveiled to all its employees for the first time FLiPP (FMM-Less Innovative Pixel Patterning), its next-generation OLED patterning technology. The aim is to share the technology’s value and its expected impact on strengthening the company’s competitiveness, and to build companywide consensus on its mid- to long-term technology roadmap.
As LG Display CEO Jeong Cheol-dong has emphasized the need for the company to move beyond being a mere display manufacturer and become a “technology-centered company,” LG Display has responded to the advances of Chinese companies by scaling back its liquid crystal display (LCD) business and focusing its capabilities on the high-value-added OLED business, while continuing to invest in R&D.
“A technology-centered company must constantly take on challenges that others do not, and tackle things that are more difficult,” Jeong said. “The greatest competitive advantage comes when we create new value with technologies that only we can deliver.”
LG Display plans to make TechX a regular event, spread the values of a technology-centered company throughout the organization, and develop it into a forum for employees to share their experiences of taking on challenges and driving innovation. 

[email protected] Lim Su-bin Reporter