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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.

The LG UltraGear 27GS95QE OLED Gaming Monitor Now Available for C$1200

Announced just before the Christmas holiday, LG's UltraGear 27GS95QE is now starting to become available for purchase. The differences between it and its predecessor, the 27GR95QE are very minor and the only obvious specification change is a bump in SDR brightness from 200 nits to 275 nits typical brightness. That said, the older 27GR95QE didn't quite manage to meet the 200 nits figure in reviews. Likewise the claimed 1000 nits HDR brightness wasn't achieved by the older model either and although LG is sticking to the same peak HDR brightness, it's possible that this has been improved as well, as the older model didn't go much beyond 600 nits in reviews.

The UltraGear 27GS95QE retains the matte AG coating, so those hoping for a glossy display are out of luck as well. TFT Central believes that the 27GS95QE is using a new WOLED panel from LG Display that is technically capable of reaching 1300 nits, but this is currently just speculation. Converting C$1200 to US$, suggests that the MSRP is likely to be US$899 plus taxes, which means the new models will be around U$100 cheaper than the old model in terms of MSRP. For anyone that isn't overly concerned about the brightness, the older 27GR95QE has been discounted by LG in the US and is now going for US$750, which is a US$250 discount on the US$999 MSRP. The lower MSRP of the new models appears to suggest that OLED pricing are slowly coming down in price, but it appears we're going to have to wait another couple of years before they reach more mainstream pricing.

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.

LG Showcases CineBeam Qube HU710PB and UltraGear G9GS95QE at CES

LG Display at the 2024 International CES showed off its artisan CineBeam Qube projector. This 4K Ultra HD DLP is suitable for screen sizes ranging between 50-inch to 120-inch, and uses a powerful RGB laser light source, with a 450,000:1 contrast ratio, and 500 ANSI Lumens brightness. Its membrane offers 154% coverage of DCI-P3 color gamut. Sweetening the deal is the full LG WebOS smart TV feature set, so the CineBeam Qube, an Internet connection over Wi-Fi, and a bunch of streaming service subscriptions, are all you need. The projector takes in HDMI and USB-C inputs, and a digital audio passthrough, so you can connect it to your sound system. The UltraGear G9GS95QE is a gorgeous 39-inch curved gaming monitor with a steep 800R curvature, a UWQHD (3440 x 1440 pixels) resolution, and a solid 240 Hz refresh rate, along with 0.03 ms (GTG) response time. The monitor meets VESA DisplayHDR True Black 400 specs.

LG Display Showcases Latest Proprietary OLED Innovations at CES 2024

LG Display, the world's leading innovator of display technologies, announced today that it will unveil its latest OLED products based on proprietary technology that revolutionize customer values at CES 2024. The company will operate two booths at the Las Vegas Convention Center (LVCC), with its main booth in the North Hall and an exclusive booth dedicated to automotive displays in the West Hall.

Under the theme of "A Better Future," signifying the company's various display solutions based on cutting-edge OLED technologies that can revolutionize consumer lifestyles, LG Display will present its latest large-sized OLED technology and next-generation automotive display solutions optimized for Software Defined Vehicles (SDVs).

LG Display Unveils Industry's First 480Hz QHD Gaming OLED Display at CES 2024

LG Display, the world's leading innovator of display technologies, announced today that it has successfully completed the development of its 27-inch 480 Hz QHD Gaming OLED display and prepared an official showcase for CES 2024, opening a new era of OLEDs featuring ultra-high refresh rates.

LG Display's latest Gaming OLED display leverages the company's unique OLED technology, which allows each pixel to emit light independently without a backlight unit, to deliver an unprecedented 480 Hz refresh rate, immersive QHD (2,560 x 1,440) resolution, and the fastest response time (0.03 ms) of any panel on the market today, combining to realize the optimal gaming experience for avid gamers.

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'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.

OLED Monitor Shipments Predicted to Soar by 323% in 2023; 2024 Shipments Expected to Surpass One Million Units

TrendForce reports that the ever-expanding dimensions of OLED products, combined with the ambitious plans of several top-tier brands, mean that 2023 could see OLED monitor shipments hitting a staggering 508,000 units—an astronomical YoY surge of 323%. Come 2024, the OLED landscape will be richer with more diverse product sizes and specifications. Add to that the debut of the 27-inch and 31.5-inch OLED panels by two leading Korean panel makers, and the arena is set for a showdown. Such dynamics are predicted to catapult OLED monitor shipments past the coveted one million unit threshold.

In terms of market share, Samsung is on track for a spirited push in OLED monitor shipments in 2H23, potentially capturing a market share of 27%—echoing LGE's performance. Not to be left behind, Dell is ardently pushing its 34-inch offering, hoping to clinch a market presence above 20%. Meanwhile, ASUS, having strategically positioned itself in the OLED monitor sector recently, is eyeing a market share nearing 9% this year.

LG Display Announces Mass-Production of 17-inch Foldable OLED Panel for Laptops

LG Display, the world's leading innovator of display technologies, announced today that it will start mass-production of the 17-inch Foldable OLED panel for laptops, a representation of the company's earnest commitment to the expansion of its OLED business for IT devices. LG Display's 17-inch Foldable OLED panel features a Tandem OLED structure previously applied to automotive displays, with a dramatically increased lifespan suitable for IT devices. An industry first in 2019, LG Display's Tandem OLED embodies its groundbreaking two-stack OLED technology, which adds an extra organic emitting layer to deliver brighter screens while effectively dispersing energy across OLED components for optimal stability and longer lifespans. The longevity of the panel is well-suited to IT devices which typically have longer usage times such as laptops, monitors, and tablets.

The company's groundbreaking 17-inch Foldable OLED for laptops integrates a specialized material that minimizes creasing in the folding area of the screen. This results in a seamless display and crystal-clear picture quality, unlike conventional foldable panels. In addition, the 17-inch Foldable OLED features an 'in-folding' design, allowing it to fold inwards with ease. The curvature of the folding portion is reduced to 3R (radius of curvature 3 mm), resulting in a slim and seamless screen design that closely fits together when folded in half. The panel incorporates QHD+ resolution (2560 x 1920) on its 17-inch large screen and boasts an infinite contrast ratio unique to OLED technology, ensuring high-definition content can be enjoyed anytime and anywhere.

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 Introduces Three New UltraGear Gaming Monitor Models

LG Electronics USA announced the debut of three new models to its critically acclaimed LG UltraGear gaming monitor lineup—the LG UltraGear GR93U-B (27- and 32-inch models) and the LG UltraGear GR83Q-B (27-inch model). All models are available now at LG.com and LG-authorized retailers. The LG UltraGear GR93U-B is designed for those who desire a high-resolution screen that supports a smooth gaming experience. The UHD (3840 x 2160) IPS display supports up to a 144 Hz refresh rate and a 1 ms (GtG) response time for delightfully smooth, low-latency gaming.

For those who prioritize an ultra-smooth gaming experience with virtually no lag, the LG UltraGear GR83Q-B's 27-inch QHD (2560x1440) IPS Display supports up to a 240 Hz refresh rate and a 1 ms (GtG) response time. All three new models support up to 95% of the DCI-P3 color gamut with VESA DisplayHDR 400 delivering dynamic contrast and high-fidelity color. LG's UltraGear monitors are all about creating a premium gaming experience, which is why they're NVIDIA G-SYNC Compatible and AMD FreeSync Premium-certified and contain HDMI 2.1 with 4-Pole Headphone out with DTS HP:X.

Netflix Cloud Gaming Beta Launches on TVs, Coming to PCs Soon

We've been focused on creating a great gaming experience for our members since 2021 when we added mobile games to Netflix. Our goal has always been to have a game for everyone, and we are working hard to meet members where they are with an accessible, smooth, and ubiquitous service. Today, we're taking the first step in making games playable on every device where our members enjoy Netflix - TVs, computers, and mobile.

We are rolling out a limited beta test to a small number of members in Canada and the UK on select TVs starting today, and on PCs and Macs through Netflix.com on supported browsers in the next few weeks. Two games will be part of this initial test: Oxenfree from Night School Studio, a Netflix Game Studio, and Molehew's Mining Adventure, a gem-mining arcade game. To play our games on TV, we're introducing a controller that we already have in our hands most of the day - our phones. Members on PCs and Macs can play on Netflix.com with a keyboard and mouse.

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.

Dough Announces the Spectrum Black OLED Monitor

Dough GmbH, known for innovations in the display industry with its Spectrum line of monitors, today announced an array of new features for its flagship monitors, including cover glass made by Corning, one of the world's leading innovators in materials science. Dough is also redefining its product naming to improve differentiation for customers.

Introducing Spectrum Black: Cutting-Edge Performance and Unparalleled Image Quality
Formerly known as Spectrum OLED, the company's flagship gaming monitor has been renamed Spectrum Black -- referencing the perfect contrast offered by its OLED panel equipped with cover glass. Spectrum Black is now designed with Corning Gorilla Glass with DXC, which delivers best-in-class optical performance and industry-leading abrasion resistance. When compared to the previous Spectrum model, ambient contrast ratio is increased by 40%, and reflections are reduced by 70%.

LG Sneaks Out Two 4K UltraGear Gaming Monitors

LG is something of an expert when it comes to silently launching new monitors and although its latest additions to its UltraGear range of gaming monitors are only minor variants of already existing products, it appears that we're looking at a pair of more affordable models. The 27GR93U-B and 32GR93U-B as the new models are called, measure 27 and 32-inches respectively and both offer 4K resolution and a 144 Hz refresh rate. Comparing the 27GR93U-B to the 27GN950-B, the first really obvious difference is the use of a standard IPS panel instead of a Nano IPS panel and this leads to a slight reduction in the DCI-P3 colour gamut from 98 to 95 percent.

The new models are only certified for FreeSync Premium, rather than FreeSync Premium Pro, but that appears to be the only obvious reduction in gaming features, as G-Sync compatible support, VRR, Black Stabilizer, Dynamic Action Sync, Crosshairs and the FPS counter are all present and accounted for. Both displays have two HDMI 2.1 ports, one DisplayPort 1.4 and one upstreams and two downstreams USB 3.0 ports, as well as a 4-pole 3.5 mm jack for a headset. On the plus side, these new models have slightly lower power consumption, with a typical power consumption of about 50 W for the 27-inch model and 65 W for the 32-inch model. The stand still supports tilt, height and pivot adjustment. No official pricing was announced, but we found the 27-inch model listed in Hong Kong for the equivalent of around US$560, which is around US$200 less than what the 27GN950-B retails for.

NVIDIA Reflex Comes to Diablo IV and More Games

NVIDIA Reflex is a must-have in games, reducing system latency so your actions occur quicker, giving you a competitive edge in multiplayer matches, and making single-player titles more responsive and enjoyable. NVIDIA Reflex is now used by over 50 million players each month, is available in 9 of the top 10 competitive shooters, including the Counter-Strike 2 beta, and is activated by 90% of GeForce gamers in 70+ supported titles. Recent recipients of Reflex include Redfall, Returnal, and The Lord of the Rings: Gollum. Next month, Reflex will be available at launch in Diablo IV, and is coming to Metal: Hellsinger by way of a game update.

NVIDIA Reflex also encompasses optimized mice and monitors, which contribute to your overall system latency. By working with manufacturers we have built reporting capabilities into products, enabling GeForce gamers to measure their end-to-end system latency, seeing where their system may be holding them back. Additionally, four new GIGABYTE AORUS mice have added support for Reflex, along with a new LG UltraGear gaming monitor.

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.
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