05.01.2011 21:36:00

LG Display Takes 3D to the Next Level

LG Display (NYSE: LPL) (KRX: 034220), a leading innovator of TFT-LCD technology, showcased its Film Patterned Retarder (FPR, polarized glasses type) 3D panel at a kickoff press conference in Las Vegas, during media day of the 2011 Consumer Electronics Show (CES).

LG Display FPR (Film Patterned Retarder) 3D glasses include circular polarized lens technology for a ...

LG Display FPR (Film Patterned Retarder) 3D glasses include circular polarized lens technology for an incredible and quality 3D TV experience. (Photo: Business Wire)

"Whereas first generation shutter glass technology introduced us to the possibility of 3D TV, next generation FPR makes 3D practical for mainstream use,” remarked LG Display CEO Mr. Kwon Young Soo. "FPR will effectively allow manufacturers to create an incredible quality 3D TV experience that is healthy, convenient and affordable – all factors hindering the popularity of first generation 3D products.”

Popularizing 3D TV for Mainstream Consumption

Existing shutter glass (SG) 3D technology has long been criticized for picture quality problems like flicker and cross talk, as well as bulky, battery-operated glasses. Given these issues, consumers have been reluctant to purchase more expensive SG 3D TVs over traditional 2D models.

FPR technology, which eliminates all the problems associated with SG 3D, is expected to change consumer perception of 3D TVs from an ‘expensive novelty’ to a ‘practical choice’ for everyday viewing enjoyment.

Already, global LCD TV companies including LG Electronics, Vizio, Philips and Toshiba as well as Chinese manufacturers including Skyworth, Konka, Hisense, Haier, Changhong and TCL have expressed strong interest in FPR 3D and developing TVs utilizing the technology.

LG Display expects 3D TVs to capture over 10 percent of the global LCD TV market in 2011, which will be a total of 220 million sets including both 3D and 2D TVs. With FPR 3D panels, LG aims to obtain more than 70 percent share of the 3D TV LCD market in 2011, which would be between 15 million and 20 million units.

FPR Advancements

FPR delivers full HD picture quality, as well as creating a vivid, immersive 3D experience. FPR also does not produce flicker or crosstalk, both major criticisms of SG technology. Excessive flicker has been the source of complaints over eye fatigue and poor picture quality, as well as serious health concerns like photosensitive epilepsy.

Dr. James Sheedy, Director of Optometry Research Center at Pacific University in the US, commented concerning his comparison of SG and FPR, "Problems with the SG type panel included the weight of the glasses, power consumption and reduced brightness. However, LG Display’s FPR 3D panel has no flickering, produces minimal cross talk and delivers a bright screen. Also, the glasses can be made with curved lenses, like regular glasses, so it is superior in terms of protecting eyesight.”

Different from the bulky, battery-powered glasses used by SG displays, LG Display’s FPR utilizes lightweight and comfortable polarized glasses that emit no electromagnetic waves, allowing consumers to enjoy long hours of comfortable viewing. FPR clip-on shades are also available for prescription glass wearers, replacing the need to wear two sets of glasses with SG displays. Finally, whereas SG glasses severely restrict flexible head movement which cause the glasses to go dark, FPR allows users a fuller range of movement such as lying down on a sofa without losing 3D picture.

FPR Cost Savings

FPR is based on Patterned Retarder (PR) technology, which although lauded for its picture quality was associated with high costs due to the need for extra polarizing glass substrate attached to the LCD TV panel. FPR replaces glass with film, which costs only 1/4th as much. Also, FPR glasses, are expected to retail at a price around 5x less expensive than SG ones.

Consumers are able to purchase FPR 3D TVs now in China, and soon in the US and Europe.

About LG Display

LG Display Co., Ltd. (NYSE: LPL) (KRX: 034220) is a leading manufacturer and supplier of thin-film transistor liquid crystal display (TFT-LCD) panels, OLEDs and flexible displays. The company provides TFT-LCD panels in a wide range of sizes and specifications for use in TVs, monitors, notebook PCs, mobile products and other various applications. LG Display currently operates eight fabrication facilities and five back-end assembly facilities in Korea, China and Poland. The company has a total of 44,000 employees operating worldwide. Please visit http://www.lgdisplay.com for more information.

Forward-Looking Statement Disclaimer

This press release contains forward-looking statements. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections, and therefore you should not place undue reliance on them. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events. Forward-looking statements involve inherent risks and uncertainties. We caution you that a number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Additional information as to factors that may cause actual results to differ materially from our forward-looking statements can be found in our filings with the United States Securities and Exchange Commission.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6563229&lang=en

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