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According to April news, LG has registered a trademark for its LED movie screen on March 31, 2020, is ready to carry out relevant business, and plans to launch LED display screens using the trademark for cinemas. LG was said to have planned to launch its LED products for cinemas at the 2020 CinemaCon 2020. However, novel coronavirus pneumonia has affected the epidemic and CinemaCon 2020 has been cancelled. However, LG has installed several sets of large LED displays in South Korea.
LED film screen is a niche market for display screen manufacturers, and relevant manufacturers have entered the market to improve the market share of display screen. Among them, Samsung's Onyx led movie screen has landed in many parts of the world, and LG has begun to join the layout camp.
In addition to Samsung and LG, Sony is also developing LED display screens for cinemas, while domestic manufacturers like liad, ZM technology and Alto electronics are speeding up the pace of layout and vigorously expanding the LED film screen market.
Among them, Riad disclosed that the company's screen design, proofing and debugging have been completed, and is communicating with partners on technology docking, and preparing for the review of plans and materials with DCI laboratory. However, in the first quarter, the movie theater suffered from the epidemic, and the cash flow of revenue decreased significantly. In response, Riad said that the company got the qualification in the first half of the year. If the epidemic is controlled, the company will start to promote in the second half of the year. If the epidemic control continues into the second half of the year, the entrance of the cinema market will be delayed.
According to the analysis of ledenside, LED TV wall has great potential and wide application range. However, due to the epidemic, demand for stage rental, cinemas, hotel meeting rooms and retail stores has been severely impacted, and relevant orders have been correspondingly delayed or reduced.
However, it is worth noting that local governments may introduce various economic incentives such as increasing public infrastructure spending this year, and the market demand for LED TV walls (including outdoor displays) may be expected to speed up again in the second half of this year. (compiled by ledinside Janice)
LED film screen is a niche market for display screen manufacturers, and relevant manufacturers have entered the market to improve the market share of display screen. Among them, Samsung's Onyx led movie screen has landed in many parts of the world, and LG has begun to join the layout camp.
In addition to Samsung and LG, Sony is also developing LED display screens for cinemas, while domestic manufacturers like liad, ZM technology and Alto electronics are speeding up the pace of layout and vigorously expanding the LED film screen market.
Among them, Riad disclosed that the company's screen design, proofing and debugging have been completed, and is communicating with partners on technology docking, and preparing for the review of plans and materials with DCI laboratory. However, in the first quarter, the movie theater suffered from the epidemic, and the cash flow of revenue decreased significantly. In response, Riad said that the company got the qualification in the first half of the year. If the epidemic is controlled, the company will start to promote in the second half of the year. If the epidemic control continues into the second half of the year, the entrance of the cinema market will be delayed.
According to the analysis of ledenside, LED TV wall has great potential and wide application range. However, due to the epidemic, demand for stage rental, cinemas, hotel meeting rooms and retail stores has been severely impacted, and relevant orders have been correspondingly delayed or reduced.
However, it is worth noting that local governments may introduce various economic incentives such as increasing public infrastructure spending this year, and the market demand for LED TV walls (including outdoor displays) may be expected to speed up again in the second half of this year. (compiled by ledinside Janice)
