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LG Display develops \'FLiPP\' OLED process without cutting glass substrate, seeks first use in IT panels

LG Display is pushing to apply a maskless OLED pixel-forming process to IT panels, citing limits of fine metal masks on larger substrates and costs. The company unveiled its in-house FLiPP technology at an online seminar, saying it uses photolithography to form RGB pixels and can raise aperture ratio to 65% from 42%. It also aims to use uncut 8th-generation glass to improve yield efficiency. The mass-production timeline is undecided.

Industry

South Korea, 15 countries launch joint response to structural overcapacity

South Korea and 14 other countries have launched a joint response to structural overcapacity, which has emerged as a global trade issue. The Ministry of Trade, Industry and Energy said the countries issued a joint ministerial statement on Oct. 7 in Paris at the OECD headquarters. The statement defined structural overcapacity as a major challenge and set criteria for identifying it, without naming any country. The group will form a consultative body covering five sectors and begin cooperation talks in Paris.

Finance

Korea stock outlook: KOSPI eyes U.S. inflation, Micron earnings after holiday

South Korean stocks are expected to seek direction this week as markets digest external factors that built up over the Chuseok holiday. While worries over trade frictions eased somewhat after a U.S.-China summit, investors are watching U.S. inflation data, Micron Technology earnings, oil prices and long-term interest rates. The KOSPI ended the last session before the break up 0.90 percent at 7,080.92, holding above 7,000.