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Global Monitor Market Set for Recovery in 2024, with Shipments Projected to Increase by 2%

TrendForce's latest findings reveal global monitor shipments declined 7.3% in 2023 down to 125 million units—a figure below pre-pandemic levels. Looking ahead to 2024, given the low shipment base in 2023, alongside the potential for a gradual economic recovery and the typical 4 to 5-year PC replacement cycle, PCs purchased during the pandemic are expected to be upgraded between the second half of 2024 and 2025. This is anticipated to drive a 2% increase in global monitor shipments in 2024, reaching approximately 128 million units.

The top three commercial monitor brands experienced over twenty percent decline in shipments
A surge in unfulfilled business orders in Europe and America in the first half of 2022 elevated the shipment baseline for commercial brands that year. However, by 2023, commercial market demand saw a significant contraction, leading to a YoY shipment decrease of 20.4% for Dell, 20.7% for HP, and 21.4% for Lenovo—each dropping by over twenty percent.

LG Announces Pricing and Availability of MyView 4K Smart Monitors

LG Electronics (LG) announced today pricing and availability of its new lineup of 'LG My View' smart monitors. The 32SR85U priced at $599.99, 32SR53FS priced at $299.99, and 27SR50F priced at $199.99, are available now at LG.com and LG-authorized retailers. Designed for productivity and entertainment, the CES Innovation Award-winning 32SR85U and fellow MyView smart monitors deliver a personalized user experience equipped with LG's acclaimed webOS platform for user-friendly features and connectivity.

LG MyView smart monitors enable users to stream movies, shows and sports, listen to music and work remotely without having to connect to a PC. The new-for-2024 models are equipped with LG IPS 4K displays that provide impressive picture quality. Thanks to LG's webOS platform, the latest MyView smart monitors boast an intuitive interface, a tailored user experience and a world of apps to choose from.

VESA Updates Adaptive-Sync Display Standard with New Dual-Mode Support

The Video Electronics Standards Association (VESA) today announced that it has published an update to its Adaptive-Sync Display Compliance Test Specification (Adaptive-Sync Display CTS), which is the first publicly open standard for front-of-screen performance of variable refresh rate displays. Adaptive-Sync Display version 1.1a provides updated testing procedures and logo support for an emerging category of displays that can operate at different maximum refresh rates when resolution is reduced. This optional "Dual Mode" testing and logo support allows display OEMs with qualifying hardware to certify their products at two different sets of resolution and refresh rate (for example, 4K/144 Hz and 1080p/280 Hz).

Adaptive-Sync Display v1.1a also includes an update that allows display OEMs to achieve a higher AdaptiveSync Display refresh rate certification for displays that support an "overclocked" or faster mode option that is not enabled by default in the factory configuration. In such cases, the overclocked mode must support Adaptive-Sync-enabled GPUs in a non-proprietary manner, and the display must pass all of the rigorous Adaptive-Sync Display compliance tests in both its factory default mode, and completely retested a second time in the overclocking mode. Both the dual mode and overclocking changes to the Adaptive-Sync Display CTS v1.1a only apply to the VESA Certified AdaptiveSync Display logo program; they do not apply to the VESA Certified MediaSync Display logo program.To date, more than 100 products have been certified to the Adaptive-Sync Display standard. A complete list of Adaptive-Sync Display certified products can be found at https://www.adaptivesync.org/certified-products/.

LG's Newest 4K Lifestyle Projector Doubles as a Stylish Art Object

LG Electronics (LG) is introducing its latest lifestyle projector, the unique LG CineBeam Qube (model HU710PB). The new 4K model can quickly transform an indoor space into a movie theater and features a compact and light design with a convenient 360-degree rotatable handle. LG's projection solution also serves as a stylish interior accessory, its eye-catching minimalist aesthetic adding a touch of modern sophistication to the room.

Although one of the smallest projectors available, LG CineBeam Qube is a powerful performer, capable of projecting 4K UHD (3,840 x 2,160) resolution images measuring up to 120 inches. Equipped with an RGB laser light source and LG's cutting-edge image refining technologies, the new model delivers exceptionally clear, sharp pictures boasting a 450,000:1 contrast ratio and 154 percent coverage of the DCI-P3 color gamut.

LG Unveils 'MyView' 4K Smart Monitor at CES 2024

LG Electronics' (LG) new lineup of 'LG MyView' smart monitors will be revealed at CES 2024. Designed for productivity and entertainment, each monitor comes with the acclaimed webOS platform and offers a variety of user-friendly features and connectivity options. The LG MyView branding, which is making its debut in 2024, communicates the personalized user experience delivered by the company's premium smart monitors.

LG MyView smart monitors enable users to stream movies, series and sports, listen to music and work remotely without having to connect to a PC. The new-for-2024 models - including the CES Innovation Award-winning 32SR85U - are equipped with LG IPS 4K displays that provide impressive picture quality. Thanks to webOS, LG's latest smart monitors boast an intuitive interface, a tailored user experience and a world of apps to choose from. To suit different tastes, some LG MyView models are available in a variety of colors, including essence white, mild beige, cotton pink and cotton green.

LG Gram Pro Boasts Ultra-Slim Lightweight Design and Powerful Performance with AI

LG Electronics (LG) is expanding its LG gram series in 2024, offering consumers a wider selection of compelling choices, including the new LG gram Pro. The perfect blend of power and portability, LG gram series ultra-lightweight laptops combine high-end specifications with exceptionally slim yet durable designs and all-day battery life. All 2024 models come with the latest AI-enabled functions on LG gram Link app, simplifying tasks like file sharing, photo sharing and screen mirroring across LG gram, Android and iOS devices. U.S. pricing and availability will be announced at a later date.

LG's best-in-class LG gram Pro laptops (models 16Z90SP and 17Z90SP) come equipped with a Intel Core Ultra processor with hybrid architecture, an NVMe PCIe 4.0 SSD and an NVIDIA GeForce RTX 3050 graphics card. The new LG gram Pro laptops are also embedded with the Intel AI Boost, Intel's neural processing unit (NPU) that can handle AI workloads even without a network connection.

LG Ushers in 'Zero Labor Home' With Its Smart Home AI Agent at CES 2024

LG Electronics (LG) is ready to unveil its innovative smart home Artificial Intelligence (AI) agent at CES 2024. LG's smart home AI agent boasts robotic, AI and multi-modal technologies that enable it to move, learn, comprehend and engage in complex conversations. An all-around home manager and companion rolled into one, LG's smart life solution enhances users' daily lives and showcases the company's commitment to realizing its "Zero Labor Home" vision.

With its advanced 'two-legged' wheel design, LG's smart home AI agent is able to navigate the home independently. The intelligent device can verbally interact with users and express emotions through movements made possible by its articulated leg joints. Moreover, the use of multi-modal AI technology, which combines voice and image recognition along with natural language processing, enables the smart home AI agent to understand context and intentions as well as actively communicate with users.

LG UltraGear Unveils World's First 4K OLED Gaming Monitor With Dual-Hz Feature

LG Electronics (LG) is set to unveil its latest lineup of UltraGear OLED gaming monitors, designed to provide superior gaming experiences. The expanded lineup includes the highly anticipated 32-inch 4K gaming monitor (model 32GS95UE), which boasts a 240 Hz refresh rate, an ultra-fast 0.03 ms Gray-to-Gray (GtG) response time, and LG's Dual-Hz feature and Pixel Sound technology. The company is also introducing stellar 39- and 34-inch models with ultra-wide curved screens: the 39GS95QE and the CES 2024 Innovation Award-winning 34GS95QE.

The groundbreaking 32GS95UE is the first UltraGear monitor equipped with the new Dual-Hz feature, allowing users to switch between 4K (3,840 x 2,160) at 240 Hz and Full-HD (1,920 x 1,080) at 480 Hz with one simple click. This time-saving innovation, easily managed via a hotkey or joystick's directional switch, lets users instantly apply the optimal combination of screen resolution and refresh rate for the genre of game they're playing. For fast-paced action titles and shooting games, users can select FHD 480 Hz, while visually rich story-driven games can be enjoyed in 4K 240 Hz.

LG's 2023 Smart Monitors are Powered by webOS

LG Electronics (LG) is unveiling its latest LG SMART Monitor lineup (models 32SR50F and 27SR50F). The versatile, new 31.5- and 27-inch monitors don't require any PC connection at all, and are ideal for productivity. Along with advanced IPS displays that deliver true-to-life colors and strong contrast, LG SMART Monitors feature LG's webOS 23 platform, which provides more convenience for working remotely as well as streaming favorite shows, sports and music.

Great for entertainment and getting work done, LG SMART Monitors boast high-performance IPS displays and HDR 10 support. The vibrant, accurate images produced by the new monitors help bring content to life and also enhance the user's experience when participating in conference calls, working on documents or researching on the Internet. With its 3-sided virtually borderless design, the 27-inch model presents a sleek, minimalist look that can elevate one's space and boost the sense of immersion.

LG Adds Pair of 45-inch DQHD Displays with 200 Hz Refresh Rate to its Ultragear Lineup

LG Electronics USA announced today pricing and availability of two new models to its LG UltraGear gaming monitor lineup - the 45-inch LG UltraGear GR75DC and the 45-inch LG UltraGear GR65DC. The GR65DC is available to purchase for $799.99 now at LG.com and LG-authorized retailers. For a limited time, customers shopping on LG.com can preorder the LG UltraGear GR75DC for $899.99 and receive an UltraGear GP9 gaming speaker ($399 ARV) along with free expedited shipping.

The newest LG UltraGear models feature a 45-inch 32:9 Ultrawide Dual QHD screen - providing what is the equivalent of two 24-inch 16:9 QHD displays on one monitor at the same time. Engineered for multi-tasking, the built in PBP (picture by picture) and PIP (picture in picture) features allow users to play console games while simultaneously streaming content on an ultra-wide screen.

LG Unveils Limited Edition 'League of Legends' UltraGear Gaming Monitor

LG Electronics (LG) is releasing a limited-edition UltraGear OLED gaming monitor (model 27GR95QL) for League of Legends fans. In addition to a vibrant 27-inch OLED display boasting a fast 240 Hz refresh rate, the monitor features distinctive League of Legends-themed designs and icons applied to its exterior and on-screen menus, developed with valuable feedback from League of Legends gamers. As one would expect of an UltraGear product, the 27GR95QL delivers smooth, immersive gaming experiences and comes packed with gamer-centric features.

The limited-edition League of Legends UltraGear OLED gaming monitor is the latest example of LG's strong partnership with Riot Games, the developer and publisher of League of Legends. First released in 2009, the beloved multiplayer online battle arena game now has the largest gaming fandom in all of esports. Over 600 million fans have played League of Legends over the past decade and the game has amassed an average of 180 million players per month.

LG Announces Second-Quarter 2023 Financial Results

LG Electronics Inc. (LG) today announced second-quarter 2023 consolidated revenue of KRW 20 trillion with operating profit of KRW 741.9 billion. The company recorded the highest second-quarter revenues in company history. The second-quarter results underscore the success of the company's strategy to drive continuous growth while strengthening its business competitiveness. The record revenue reflects the company's actions to fundamentally improve its business structure by pursuing new platform-based service businesses and continuously expanding the business-to-business (B2B) segments. Profitability also was strong, although operating income was 6.3 percent lower than the second quarter last year, primarily due to a one-time second-quarter 2023 provision.

The company plans to drive further profitability improvements by optimizing efficiencies and by preemptively meeting market demands through enhanced demand forecasting and manufacturing competitiveness. LG also plans to continuously strengthen its online brand store and direct-to-consumer businesses.

LG Debuts VC23GA Smart Cam, Designed to Seamlessly Integrate With Their Smart TV Range

LG Electronics (LG) announces the global rollout of its new Smart Cam (model VC23GA). A Full HD (FHD) video camera with built-in dual microphones and multi-view function, the Smart Cam seamlessly integrates with LG's webOS-powered smart TVs to provide enhanced user interaction with a host of premium apps and services. The pairing offers convenient video calling and conferencing, an elevated home fitness experience and much more to cater to the diverse needs of customers as they enjoy various services offered by LG Smart TVs.

Compatible with many of the services available on LG TV's webOS platform, LG Smart Cam opens up a range of diverse and compelling interactive experiences. For example, users can now conveniently connect with co-workers, clients, family or friends via RemoteMeeting, an innovative web-based video conferencing service that also works across PCs, laptops and smartphones. The FHD resolution (1,920 x 1,080) Smart Cam provides smooth, crisp video that looks remarkably clear and lifelike when displayed on LG's large screen TVs, which are known for their excellent picture quality. Setting up the RemoteMeeting app on LG TV is fast and simple and conveniently eliminates the need for a laptop or PC connection. Moreover, the Smart Cam's built-in mics mean no extra peripherals are required.

Global LCD Monitor Shipment Levels Experience 7.4% QoQ Decline in 1Q23, Signs of Recovery Sighted in Q2

TrendForce reports that in the first quarter of 2023, global shipments of LCD monitors fell 7.4% QoQ to 28.8 million units, marking a YoY decline of 20.5%. Major brands, including Dell, HP, and Lenovo, experienced significant drops in shipment levels, falling by 15.6%, 22.8%, and 19.2% respectively.

On the other hand, several consumer brands saw quarterly growth in their shipments in the first quarter, primarily due to channels replenishing their inventories in March. Among these brands, AOC/Philips stood out, benefiting greatly from demand in the Chinese consumer market. Their shipments not only grew 10.9% QoQ but also increased 3.3% compared to the first quarter of 2022.

LG Launches 4K Cinebeam Projector

LG Electronics USA announced pricing and availability of the latest addition to its LG CineBeam lineup, the LG CineBeam PU700R. Featuring an intuitive and interior-friendly design that doesn't compromise on picture quality, the PU700R is available now at LG.com for $1699. Consumers who purchase an LG CineBeam PU700R projector through June 11 will receive a free LG XBOOM 360 Bluetooth speaker XO3QBE ($299.99 ARV).

The PU700R allows for content to be cast up to 120 inches in exceptional 4K UHD picture quality, and with optimized brightness levels and HDR support, users can enjoy high-quality picture in ambient lighting environments.

LG UltraGear's 49-Inch, 32:9 Aspect Ratio Screen Drives Immersive Gaming to Next Level

LG Electronics (LG) has launched its newest UltraGear gaming monitor (model 49GR85DC), a curved 49-inch display with a 32:9 aspect ratio and an ultra-high 240 Hz refresh rate. Like having two 16:9 monitors side by side, the impressive new model delivers the silky-smooth gameplay and top-notch picture quality needed for immersive gaming experiences. While designed with gamers in mind, the 49GR85DC is also suitable for productivity or viewing content thanks to its advanced multitasking functionality and extra-wide screen.

Featuring a 49-inch Dual QHD (5,120 x 1,440) resolution panel with a 1000R curvature, LG's new UltraGear gaming monitor provides sharp, vibrant images that fill the user's field of vision. The combination of the monitor's generous screen width and 240 Hz refresh rate helps create an expansive and more responsive game environment - making titles feel more real and dynamic. VESA DisplayHDR 1000 certified, the 49GR85DC also has a 3000:1 contrast ratio and a 1000-nit peak brightness, producing vivid colors and deep, nuanced blacks. With its three-sided, virtually borderless design, the monitor enables users to stay focused as they battle their opponents or explore their favorite virtual worlds.

LG Announces its Slimmest Gram Laptop to Date

LG Electronics USA launched the latest addition to its new 2023 LG gram laptop lineup - the LG gram SuperSlim. Designed with ultra-portability in mind, LG's gram SuperSlim laptops measure at just .43-inches thick, making it the thinnest LG gram ever. Exclusively available now at LG.com, customers who purchase an LG gram SuperSlim laptop through May 14 will receive a free LG gram +view portable monitor ($349.99 ARV). The LG gram SuperSlim will also be available at LG-authorized retailers by mid-May.

The LG gram SuperSlim is equipped with Intel's Evo 13th Gen Processor and Intel Iris Xe graphics as well as a brilliant 15.6-inch anti-glare OLED display with a 100 percent DCI-P33 color gamut and VESA DisplayHDR True Black, delivering exceptional image resolution with true-to-life detail and stunning, deep black levels.

Report Suggests Samsung and LG Pushing Wider Adoption of LED Wall Displays at Cinemas

Samsung and LG are among an number of tech companies reportedly pushing for radical changes in the cinema viewing experience. In a piece published by the Hollywood Reporter last week, new behind-the-scenes information has come to light about an effort to replace the (some will say tried and true) traditional cinema theater projection system with LED walls. The vast majority of international theater chains rely on a front projection method (via a back of the booth), and very few locations have a more state-of-the-art LED display-based system in place. The Culver Theater (naturally located in Culver City, CA) is one of a hundred cinemas worldwide to possess a Samsung Onyx LED display - although the tech on show is said to be of an older standard. Industry insiders have been invited to attend demonstrations of a newer generation LED wall technology destined for cinemas in the future, and early impressions are purported to be mixed.

A cinema-based LED wall display functions in a similar way to how a modern LED-based flat screen TV works - although on a much greater massive scale - with particular benefits of the technology resulting in fantastic performance in terms of high dynamic range and peak brightness. The main downside of having a tightly packed array of large LED panels is the resultant heat output - critics of the technology state that it will be difficult to implement an adequate cooling system (through air conditioning) to tame the wall's temperature increasing properties. The power required to operate the LED panel array (plus required cooling solution) is said to be much higher than that of an old-fashioned projector's relatively modest draw from the electricity supply. An LED wall will also completely negate the traditional placement of loudspeakers behind a cinema's front-placed screen - and sound engineers will need to explore a different method of front audio channel output within the context of a next generation LED theater room.

LG Announces Availability of New 49-inch Curved Ultragear Monitor

LG Electronics USA announced today pricing and availability of its new 49-inch Curved UltraGear monitor (49GR85DC-B). Priced at $1299, the latest in the UltraGear lineup is now available for preorder thru April 2, 2023 exclusively at LG.com and will include a special preorder offer of a free UltraGear Gaming Pad ($199.99 ARV). Pre-orders are expected to ship in early April.

Bringing gameplay to the next level, LG's 49-inch UltraGear monitor features an up to 240 Hz Dual QHD (5120x1440) curved (1000R) display with an ultra-wide 32:9 aspect ratio. The 49GR85DC-B model also supports VESA DisplayHDR 1000 and delivers an ultra-fast 1 ms (GtG) response rate. Paired with AMD FreeSync Premium Pro, serious gamers are equipped with a fluid, virtually tear-free HDR gaming experience. Advanced gaming features also include Dynamic Action Sync, Black Stabilizer, FPS Counter, and Crosshair.

LG Announces Availability of 2023 Gram Style Series Laptops

LG Electronics USA announced pricing and availability of its 2023 LG gram Style laptops at LG.com and select LG-authorized retailers. Created for those who love to express their unique style wherever they go, the LG gram Style laptops will be offered in 16- and 14-inch versions (models 16Z90RS and 14Z90RS). Exclusively available at LG.com from March 20, 2023 to April 16, 2023, customers can now get a 32 GB memory LG gram Style laptop for the price of a 16 GB model of the same screen size.

The LG gram Style features an elegant glass design that changes color when viewed from different angles. The focus on design continues inside the new laptop where a "hidden" haptic touch-pad with soft LED backlighting illuminates at the user's touch. Maintaining its reputation for its lightweight portability, the gram Style weighs under 3 pounds.

LG Electronics USA Debuts its new Cinebeam Smart Portable Projector

LG Electronics USA has introduced and announced immediate availability of its new CineBeam Smart Portable Projector, joining the brand's extensive line of premium CineBeam models. Weighing in at 2.2 pounds, the CineBeam Smart Portable Projector is made to deliver a transformative home theater experience with ease in any room. The PF510Q model is currently available at LG.com for $599. From streaming their favorite movie, to engaging in a virtual fitness class, users can enjoy the versatility and portability of the PF510Q projector.

The PF510Q is LG's new innovative projector that offers users a unique entertainment experience without sacrificing convenience or quality. Strategically built with a lightweight and compact design, the PF510Q is easy to carry from room to room or on the go and blends seamlessly with any space. The Smart Portable Projector presents a wide range of display sizes from an intimate 30" up to an impressive 120", providing the benefit of adjusting the screen size to best-fit for a variety of viewing preferences. Its full HD resolution allows users to watch movies or play video games in high quality, whether they're studying in a small dorm room or enjoying a movie in their backyard. Additionally, the PF510Q's Auto Vertical Keystone feature adjusts the vertical keystone alignment, eliminating tilts and distortion for crisp, incredible views.

LG's Newest UltraGear Gaming Monitor Named Official Display of LEC 2023

LG Electronics' (LG) latest UltraGear gaming monitor (model 25GR75FG) has been named the official display of the League of Legends EMEA Championship (LEC) 2023. The new monitor will make its debut during the upcoming LEC season, which begins this weekend, supporting players from the region's top teams as they battle it out for tournament honors. LG UltraGear is proud to continue its strong partnership with LEC, one of the world's most popular esports leagues, and remains committed to fostering the growth of esports internationally.

Designed for competitive esports, the latest LG UltraGear gaming monitor delivers outstanding picture quality and speed thanks to a 24.5-inch Full-HD (1,920 x 1,080) IPS display with a 360 Hz refresh rate and 1 millisecond Gray-to-Gray (GTG) response time. The performance of LG's new gaming display is further boosted by the integration of NVIDIA G-SYNC technology, which minimizes screen-tearing for seamless visuals, and NVIDIA Reflex, which helps to reduce click-to-display latency for more precise control of the onscreen action. VESA Display HDR 400 certified, the 25GR75FG also ensures bright, clear images and has a 3-sided borderless design that helps increase players' sense of immersion, making it easier to focus during fierce competition.

2023 LG gram Lineup Offers More Stylish, Yet Powerful User Experience

LG Electronics (LG) is introducing an expanded LG gram lineup, which offers more diversity than ever thanks to the arrival of the exciting, new gram Ultraslim and gram Style, at CES 2023. LG gram continues to provide both power and portability, packing premium specs into sleek, ultra-lightweight form factors delivering take-anywhere convenience and exceptional user experiences.

LG gram Ultraslim
Headlining the LG gram showcase at CES 2023 is the brand-new LG gram Ultraslim (model 15Z90RT), the thinnest gram model yet. A laptop designed for users seeking supreme portability, the Ultraslim has an ultra-light weight of just 998 grams and a depth (when closed) of only 10.99 millimeters; around the same thickness of a smartphone or notepad. Even though it is the most svelte gram in the 2023 lineup, the 15Z90RT still supplies impressive image quality and processing power, packing a 15.6-inch OLED display with Anti-glare Low Reflection (AGLR) coating and Intel 's 13th Gen Raptor Lake chip with Performance Cores (P-Cores). Further enhancing the excellent portability of the new model is the inclusion of an ultra-compact adapter.

LG's New SMART Monitor Inspires New Lifestyles Full of Convenience and Flexibility

LG Electronics (LG) is unveiling the 32-inch 4K UHD LG SMART Monitor (model 32SQ780S). The all-around SMART Monitor enhances home life by enabling a remote workstation, home exercising, next-level gaming and various entertainment applications, including popular streaming services, without a PC connection. Thanks to its built-in features and LG's ergonomic stand with maximum adjustability, the unique 32SQ780S allows users to enjoy the content love how they want and when they want, at their desk or on the sofa.

Under the brand's motto of 'Work Smarter, Play Better', LG SMART Monitor prioritizes multitasking to give consumers seeking a single display that connects to their desktop, laptop or gaming device the perfect way to get everything done in one place. Supporting LG TV's acclaimed webOS 22, this model delivers next-level convenience for content consumption with seamless streaming services for YouTube and Netflix, even without setting up a separate connection with PCs.

LG Unveils New Gaming UI, Expands Gaming Experience With New Cloud-Gaming Services

LG Electronics (LG) is expanding the gaming experience on its latest TVs, adding new cloud-gaming services to give users more choice, and a UI update that makes it easier to get in the game. These latest upgrades are representative of LG's continuing commitment to bringing gamer-centric content and capabilities to its industry-leading TVs.

Requiring no PC, console or game installations, cloud-gaming platforms make gaming more accessible than ever. Blacknut and Utomik Cloud, arriving on LG TVs in September and November, respectively, deliver a wealth of titles spanning classic AAA games, indie favorites, story-driven adventures, sports, strategy and more. Via monthly subscriptions, the two apps offer users the ability to select and instantly play any game from their extensive catalogs - both of which welcome new titles monthly.
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