Core Viewpoint - The competition between South Korea and China in high-end television display technology is intensifying, with a focus on the development of Organic Light Emitting Diode (OLED) technology and cost optimization by LG Display [2] Summary by Relevant Sections OLED Technology Development - LG Display is expected to reduce the production cost of 65-inch OLED TV panels to below $500 (approximately 3,650 RMB) soon [2] - In 2024, LG Display aims to lower the OLED TV panel cost from $1,000 in 2020 to around $600 through improved yield rates and production line optimization [2] - By 2026, LG Display plans to further reduce costs through design innovations, including changes to the Display Driver IC (DDI) structure [2] Market Position and Profitability - LG Display has been continuously expanding its OLED production capacity and stabilizing yield rates, leading to a consistent decrease in OLED costs [2] - Industry analysts predict that this trend could enable LG Display to achieve an annual operating profit exceeding 1 trillion KRW (approximately 5.2 billion RMB) in its OLED business [2] - The cost advantage and mature supply chain of OLED TVs are expected to maintain their dominant position in the high-end television market for the next one to two years [2]