Those workers shouldn’t complain. At least they get some severance packages. If it was a Chinese company they wouldn’t get any compensation nor peanuts . 😂
They love those Western take away packages LG is Korean, so it won't be as good.but it still better than China I just think its funny when CHinese complain or protest...they have no rights, its China If they want rights and speak CHinese goto the other country Taiwan, they have freedom and rights
If it were a Chinese company, the employees would probably have been sent home early, for the New Year's Holiday, and would have come back to an empty factory, and no jobs or compensation.
Despite all the bad mouthing of foreign companies operating in China... It turns out they are the best employers China ever had! And yet little pinks want all foreign companies gone... Well, their wishes have come true! Go figure! 😂😂😂😂
@@vueport99 its true they pay severance packages 100% chinese companies screw over their own people all the time. Then ccp blames all their troubles on the west. Dont forget!! “100 years of humiliation!”
🤣🤣 It's strange how Chinese people can say they don't like Korea, but still be fans of LG. In the same way, they might complain about the US but use products like TH-cam and Windows 10 every day, and look up to places like Harvard and NASA. It doesn't quite add up.
@@mathamour It's completely within their character "Tens of thousands of Chinese students annually extract all they can get from the mission schools, and after graduation, without ever having exhibited the slightest interest in Christianity, got about getting a job in business, the government or an allied racket, banditry, or whatever looks most promising. That is natural enough, but that they should be anti-foreign after having been beneficiaries of so much is typically Chinese." - "Ways that are dark: The Truth About China" by Ralph Townsend (Former US Consul who lived in 1930s China)
Naaaaaah.... China now has products with its own brands that are very competitive and often outperform products from foreign companies and foreign brands. Moreover, the prices of Chinese products are very affordable and the quality is also good. And you know what...?? Those foreign companies which are leaving China simply cannot compete in the Chinese market anymore.! So... , China's doors are always wide open for foreign companies that are unable to compete, aka losers, to leave. No big deal!
😃😃It's strange how Chinese people can say they don't like Korea, but still be fans of LG. In the same way, they might complain about the US but use products like TH-cam and Windows 10 every day, and look up to places like Harvard and NASA. It doesn't quite add up.
@@mathamoursame with Japan . Can’t stand Japan but is their first choice for holidays, cameras and food . This is what brainwashing does make you hate those you do businesses with.
Really ?Complaining about severance? You’re lucky this company didn’t run away like Chinese business who provided nothing! Blame your government for industry collapse!
I assume if the US / Japan / South Korea / European brands leave China it's more likely coz they copy their technology and used for their own chinese brands. Imagine spending hundreds of millions in research and Chinese compagnies just copy the technologies? It's then easier for them so sell similar products cheaper. It affects financially the established brands which could desapear, leaving only chinese brands.
@sweetla4750 yes, I think companies have woken up and have decided to leave the massive Chinese market as it's too risky for them. If we take the exemple of the car industry, 20 years ago there was almost no Chinese company, they had few brands but pretty insignificant. They allowed foreign companies within China and then started copying the manufacturing for their brands. Not only the European / Japanese / US cars don't sell well in China, but China wants the European Market / US / Africa / Australia... If people buy Chinese cars then some European / Japanese / US manufacturers might disappear and China will have the monopoly....
@@sweetla4750 The biden admin has been pushing companies to leave china very hard. The state department had ambassadors negotiating multiple nation deals that moved manufacturing out of china. Biden has wrecked china because the chinese government is incapable of doing anything to help their own people. The US is not helping china anymore.
poor poor Chinese people... when you care more about making money than having democracy. Taiwan same people and language having over 50x better everything from Government that cares, Schools, health and jobs.
They should be happy they got a severance package instead of complaining their severance package wasn't as good as other's. Maybe these people can get jobs at other Chinese LCD manufacturers since LG decided to stop making these panels.
Bro. There's tons of vids of Chinese companies running away overnight with ZERO pay given to employees. These Chinese companies that bail don't pay on what is already DUE. How are they going to complain when LG is giving 3 options?
Glory! After so much struggles i now own a new house with an influx of $115, 000 every month God has kept to his words, my family is happy again everything is finally falling into place. God bless America.
Thanks to Mrs Rich Jenni Fx trading services.. My life have totally changed for good. GOD bless my co-worker (Alex) who suggested Ms Rich Jenni Fx. She's a licensed broker in the states
I work at a restaurant here in Houston Texas. Things have been really difficult as l'm a single mom and trying my best to pay bills and take care of my kids After meeting and trading with Rich Jenni Fx I have made more than $90 K God bless Rich Jenni Fx services.. God bless America
A lot of people keep talking about investments and how investment trade change their lives. I really need to engage myself in someway what do I need to do..
The first step to successful investing is figuring out your own or with the help of a financial professional but is very advisable you make use of your time reaching the right person for the job Alright, I'll leave her info below this comment
Here in the USA when Japan took our TV jobs or when China took the rest of our jobs we were normally offered $0 as factories and businesses shut down. Best case, 1.5w of pay for every YEAR worked!
So where are LG going to make the LCD panels? And what will the company that bought the plant do with it? Is it just the empty building or did it include plant and machinery etc?
5:23 yea, it’s almost like when you’re not threatening war against a foreign company’s home country or stealing their IP and then undercutting them in your own country and abroad, then the company is down to hook people up
I'm not sure American companies behave much better. MySIL worked 40 years for a national restaurant chain. One day they just locked the doors and laid everybody off. No warning, no severance pay.
Chinese production of flat screens - vastly in excess of the market - eliminates all foreign competition such as LG. Chinese manufacturers will now monopolise the market - which was their aim all along..
Many years ago people that made saddles for horses and horse drawn carriages lost their jobs when the automobile came along.Getting any severance package for an outdated technology job is sad but it is the way of the world.If they think it`s unfair everyone should quit immediately and cause the company to re-think paying their severance package, or they should think about re-locating. These workers took the jobs from other countries because they were willing to take less pay and I doubt they were feeling sorry for those people who lost their jobs. Boycott the company is the best thing that can be done.When buying my last big screen I paid more money to make sure it was made in Japan where the workers at least make a living wage.
The main & true reason why LG is exiting from China.... Back in the mid-2000s, Korea led the global LCD TV panel market with LG and its crosstown rival Samsung Display Co. accounting for nearly half of global shipments of such displays. However, Chinese players, led by BOE and CSOT, emerged as formidable competitors, armed with generous state subsidies. Korean LCD makers have been losing money for years while Chinese companies have rapidly increased their global market share with cheaper panels. Amid sharp LCD panel price declines, LG Display posted an operating loss of 2.09 trillion won in 2022 and such losses widened to 2.5 trillion won last year. If I am not wrong, all in LG had poured in (invested) 4 trillion won into its China plant. Conclusion: There is a saying "if you can't beat them, join them". But for many of these foreign companies that were once operating in China, they have a new saying "if we can't beat them, we better run away"! 😂😂
After I got laid off from a steel plant in 09 I got 2 years of unemployment at 50% of my pay. My mom thought it was going to last so I went to party in the hills, should of went to KC or LA
When you join a company, you are only entitled to whatever that firm offers. If you didn't like it, you should have gone to another company. If you didn't research what that company offers in the way of benefits, that's on you for being lazy and only focusing on wages alone. This sense of entitlement may prevent companies from coming back so I don't think employment is going to get better in this city any time soon.
I would move with the job; the big issue is location. The issue is that a homeowner can have a lot of negative equity in China; this could stop you from selling and moving somewhere else, so can you commute to the new location of the job being offered. What is the travel time like? near by ? so close from sound of things but worst case, short to midterm My work round would be to get a small RV to travel down for work and live in and travel home when not working, and in China, the market for vans, RVs, cars, etc. is a buyers market at the moment. Now could you try to relocate to the home country of the firm? This would be the smart move long-term. Why I looking at Trump and his tariffs, which will affect China badly.
this injection of money will help LG display for awhile, same as OLED production but LG will go tits up in a few painful years no matter where it puts its plants, look at SHARP electronics to see what is happening to LG Display. China will quickly transition to OLED and kill the profitability for all. Then where do you jump? It becomes a pure appliance/commodity biz after.
China economy is going South and this trends is accelerating with more and more companies closing shop . A lot of skilled Chinese workers will be out of job and this has a double knock off on the economy, making things worse.
Yes LG is pulling out and sold its China's plants. But you didn't layout all things business do when they do fire sale. That is, when business market collapse amid the advances of domestic competition any location, fire sale is the only option for foreign big business. Why, you may ask!! The only fact of life for foreign business is 'you can leave and take your monies, as much as possibly, but you can't your physical assets with you'!!! 😮😮😮
LG needs to fix the problems with OLED panels, they are not lasting long. The TV repair channels that I follow on TH-cam are receiving a lot of OLED TVs that are going bad and the worst thing is if they are out of warranty and not repairable. The design in the manufacture of the panel makes them unrepairable, unless they replace the whole screen. Not good for the future of OLEDs.
Well he'll at least LG is offering options, most Chinese companies would have screwed over every employee, wouldn't compensate, and would probably not give them their pay for hours worked. TCL is growing because their TV's have steadily been getting really good, I have one, ironically it replaced an LG TV. If TCL continues it's growth it won't be long until a lot of those laid off positions are re-hired.
@ Comparison of the ultra-high quality of European journalism to the dismal quality of American journalism. You don’t learn much about the world from American “news” channels. There is no American BBC or DW.
IPS panel market is saturated already and mostly dominated by Chinese products, OLED is rising. IMO, I usually stay away from OLED monitor panels since it is known not to last long compared to IPS panel like more or less 10 years vs 20 years. Maybe because of organic part perhaps? dunno. Well profit wise company would prefer focus on OLED if you based on the Planned obsolescence which fits right for average 10 years for OLED.
smart move to leave. doing business in chynah is nothing but a nightmare
Those workers shouldn’t complain. At least they get some severance packages. If it was a Chinese company they wouldn’t get any compensation nor peanuts . 😂
They love those Western take away packages
LG is Korean, so it won't be as good.but it still better than China
I just think its funny when CHinese complain or protest...they have no rights, its China
If they want rights and speak CHinese goto the other country Taiwan, they have freedom and rights
Not true, they have got a packet of Peanuts each.
@@davidandrew1078fried in gutter oil
@@davidandrew1078 Well as long as LG is giving them the legal requirement LG is the good guys haha
If it were a Chinese company, the employees would probably have been sent home early, for the New Year's Holiday, and would have come back to an empty factory, and no jobs or compensation.
Common practice. The people know this trick
Despite all the bad mouthing of foreign companies operating in China... It turns out they are the best employers China ever had! And yet little pinks want all foreign companies gone...
Well, their wishes have come true!
Go figure! 😂😂😂😂
FAFO.
@@vueport99 its true they pay severance packages 100% chinese companies screw over their own people all the time. Then ccp blames all their troubles on the west. Dont forget!! “100 years of humiliation!”
LG has the right to sell. This is not life time employment.
TCL is free to retain any of these employees.
Great move from LG.
Korea knows China is done.
🤣🤣 It's strange how Chinese people can say they don't like Korea, but still be fans of LG. In the same way, they might complain about the US but use products like TH-cam and Windows 10 every day, and look up to places like Harvard and NASA. It doesn't quite add up.
@@mathamour It's completely within their character
"Tens of thousands of Chinese students annually extract all they can get from the mission schools, and after graduation, without ever having exhibited the slightest interest in Christianity, got about getting a job in business, the government or an allied racket, banditry, or whatever looks most promising. That is natural enough, but that they should be anti-foreign after having been beneficiaries of so much is typically Chinese." - "Ways that are dark: The Truth About China" by Ralph Townsend (Former US Consul who lived in 1930s China)
No matter what exterior & ideological differences separates us inside we are more similar than we would like to admit. 😒
@@mathamour..jealousy...
Great move. People should support local brands.
LG got out on time and sold an obsolete factory to rivals that are destroying the market and themselves. Congratulations.
Every day the CCP is getting weaker Winnie the Pooh is running out of honey 😂
Facts! And the orange man is not even in office yet.
usa is running out poor fake American failures
@@king2132000your lies are fact🤣🤣🤣🤣🤣
Awww. Ain't that cute. Chinese workers think striking will change their work situation.
😁😁😁😆.yes true.
Like their govt....bullies
Naaaaaah....
China now has products with its own brands that are very competitive and often outperform products from foreign companies and foreign brands.
Moreover, the prices of Chinese products are very affordable and the quality is also good.
And you know what...??
Those foreign companies which are leaving China simply cannot compete in the Chinese market anymore.!
So... ,
China's doors are always wide open for foreign companies that are unable to compete, aka losers, to leave.
No big deal!
Good news for India and Vietnam, Winnie the Pooh must be so proud of his actions that are actively driving international companies away.
😃😃It's strange how Chinese people can say they don't like Korea, but still be fans of LG. In the same way, they might complain about the US but use products like TH-cam and Windows 10 every day, and look up to places like Harvard and NASA. It doesn't quite add up.
@@mathamoursame with Japan . Can’t stand Japan but is their first choice for holidays, cameras and food . This is what brainwashing does make you hate those you do businesses with.
Eh. Vietnam and other nearby countries are going bad with the influx of Chinese and their attitudes
So true..since that smug know all has been in china has gone down...aint it good
Good on LG to pull out.
TWSS
Really ?Complaining about severance? You’re lucky this company didn’t run away like Chinese business who provided nothing! Blame your government for industry collapse!
It's amazing that LG even bothered to obey labor laws when most Chinese companies do not or only pay lip service before ghosting the former employees.
Everyone & Everything is bailing on China & rightfully deserved
Empty plant sold at a good price!
Now the bully will be weakened and humbled
bye bye CCP!
The employees don't want to be employed by a Chinese company as they are treated like shit
, and low wages...
I assume if the US / Japan / South Korea / European brands leave China it's more likely coz they copy their technology and used for their own chinese brands.
Imagine spending hundreds of millions in research and Chinese compagnies just copy the technologies? It's then easier for them so sell similar products cheaper.
It affects financially the established brands which could desapear, leaving only chinese brands.
The Chinese have done this with EVERYTHING,this is long overdue
@sweetla4750 yes, I think companies have woken up and have decided to leave the massive Chinese market as it's too risky for them.
If we take the exemple of the car industry, 20 years ago there was almost no Chinese company, they had few brands but pretty insignificant.
They allowed foreign companies within China and then started copying the manufacturing for their brands.
Not only the European / Japanese / US cars don't sell well in China, but China wants the European Market / US / Africa / Australia...
If people buy Chinese cars then some European / Japanese / US manufacturers might disappear and China will have the monopoly....
@@sweetla4750 The biden admin has been pushing companies to leave china very hard. The state department had ambassadors negotiating multiple nation deals that moved manufacturing out of china. Biden has wrecked china because the chinese government is incapable of doing anything to help their own people. The US is not helping china anymore.
@@SERGIO-cr6uyThat's China's plan all along, to have the monopoly in everything and ultimately rule the world.
That's the goal of the CCP..global domination
No one should support bullies. Good move LG.
poor poor Chinese people... when you care more about making money than having democracy. Taiwan same people and language having over 50x better everything from Government that cares, Schools, health and jobs.
"Bouncing is what companies do best" Tigger as he bounces away from Pooh bear.
When those Tariffs come there will be more companies leaving.
I wonder if this has to do with the upcoming tariffs, LG sells heavily to the US.
LG group should transfer to Philippines.
They should be happy they got a severance package instead of complaining their severance package wasn't as good as other's. Maybe these people can get jobs at other Chinese LCD manufacturers since LG decided to stop making these panels.
Good ! Move to korea , Thailand or viet .
They have more countries than ones that exploit workers for pennies
Bro. There's tons of vids of Chinese companies running away overnight with ZERO pay given to employees. These Chinese companies that bail don't pay on what is already DUE. How are they going to complain when LG is giving 3 options?
The era of making easy money in China is over. 😀
LG is worried that the US will impose large tariff if the major Korean companies have a major presence in china
Great news
TCL will gladly take over the lower end panel market. Im happy to see LG focus on OLED. It is the future.
TCL have only ever played in the low end and old tech.
LG wasn't lower end. There are already low end panels in PCs and TVs. TCLs will just cost more like Sony's and Samsungs.
sony buy lg panels sony dont have own display @@bcluett1697
@@bcluett1697educate yourself samsung is brand sony is brand learn sometimes istead of your Lies
@@bcluett1697your iq 12 is hilarious 😂 😂 😂 😂 😂
GOOD 🇺🇲
💩💩💩💩💩💩
Thank you buddy
There's protest without police? Understand?
You better take what they offer and move somewhere else. Soon the town will become a ghost town.
No wonder why my LG oven sucks it was made in Guangzhou.
Thanks for the info. Some audio issues near 12 min mark.
6:56 is when you learn that intellectual theft has consequences
No matter what exterior & ideological differences separates us inside we are more similar than we would like to admit. 😒
Who is China going to rip off now that everyone's shutting down there Chinese factories 😂😅😂
Damn, things are looking rough out there, A lot of companies pulling out.
Karmaaaaaaaa.....😂😂😂😂😂😂
We will help China through this. China will have freedom soon.
Glory! After so much struggles i now own a
new house with an influx of $115, 000 every
month God has kept to his words, my family
is happy again everything is finally falling into
place. God bless America.
l'm 45 and have been looking for ways
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Thanks to Mrs Rich Jenni Fx
trading services.. My life have totally
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America
A lot of people keep talking about
investments and how investment trade
change their lives. I really need to
engage myself in someway what do I need to do..
The first step to successful investing is
figuring out your own or with the help of
a financial professional but is very
advisable you make use of your time reaching the right person for the job
Alright, I'll leave her info below this
comment
Here in the USA when Japan took our TV jobs or when China took the rest of our jobs we were normally offered $0 as factories and businesses shut down. Best case, 1.5w of pay for every YEAR worked!
So where are LG going to make the LCD panels?
And what will the company that bought the plant do with it?
Is it just the empty building or did it include plant and machinery etc?
LG should not negotiate!
Gold ole Lucky Goldstar.
Live,laugh and enjoy. That's the dream.
Move to SEA now, work with ur allies
LG Quality was meh at best
5:23 yea, it’s almost like when you’re not threatening war against a foreign company’s home country or stealing their IP and then undercutting them in your own country and abroad, then the company is down to hook people up
Technically, these outdated LCD can be made to outdoor/indoor LED signs/business signs/ jumbotrons etc... with high resolutions.
I hope china become Republic.
I'm not sure American companies behave much better. MySIL worked 40 years for a national restaurant chain. One day they just locked the doors and laid everybody off. No warning, no severance pay.
Her first mistake was working for a chain!I have been in the rest industry for over 20+yrs have have yet to work for a chain,they dgaf about u!
@@sweetla4750 The chain was highly successful until last year. She was making over $40,000 a year as a server. Good benefits as well, why not stay.
Chinese production of flat screens - vastly in excess of the market - eliminates all foreign competition such as LG. Chinese manufacturers will now monopolise the market - which was their aim all along..
All foreign investors learned what could happen to them by looking at what happened to those companies that were in Russia.
They are still there... just that they are seeing declining demand hence they sold manufacturing facilities....
The company was sold on September 2024 as its said LG was loosing money.
Many other countries with cheaper labor
Also LCDs are now commodities. They don't have profit margins of something like GPU or AI chips.
Don't give them anything
Many years ago people that made saddles for horses and horse drawn carriages lost their jobs when the automobile came along.Getting any severance package for an outdated technology job is sad but it is the way of the world.If they think it`s unfair everyone should quit immediately and cause the company to re-think paying their severance package, or they should think about re-locating. These workers took the jobs from other countries because they were willing to take less pay and I doubt they were feeling sorry for those people who lost their jobs. Boycott the company is the best thing that can be done.When buying my last big screen I paid more money to make sure it was made in Japan where the workers at least make a living wage.
LG should just find some small/lame mistakes from the staffs then sack them without any compensation.
That's what happens when you can no longer compete.
The main & true reason why LG is exiting from China....
Back in the mid-2000s, Korea led the global LCD TV panel market with LG and its crosstown rival Samsung Display Co. accounting for nearly half of global shipments of such displays.
However, Chinese players, led by BOE and CSOT, emerged as formidable competitors, armed with generous state subsidies.
Korean LCD makers have been losing money for years while Chinese companies have rapidly increased their global market share with cheaper panels.
Amid sharp LCD panel price declines, LG Display posted an operating loss of 2.09 trillion won in 2022 and such losses widened to 2.5 trillion won last year. If I am not wrong, all in LG had poured in (invested) 4 trillion won into its China plant.
Conclusion: There is a saying "if you can't beat them, join them". But for many of these foreign companies that were once operating in China, they have a new saying "if we can't beat them, we better run away"! 😂😂
After I got laid off from a steel plant in 09 I got 2 years of unemployment at 50% of my pay. My mom thought it was going to last so I went to party in the hills, should of went to KC or LA
With a one child policy it's better to pull out early.
If LG moves the plant to Taiwan for chips their products will last longer.
if you belive in own Lies
.........there will be other Chinese company take it place. No big deal !
When you join a company, you are only entitled to whatever that firm offers. If you didn't like it, you should have gone to another company. If you didn't research what that company offers in the way of benefits, that's on you for being lazy and only focusing on wages alone. This sense of entitlement may prevent companies from coming back so I don't think employment is going to get better in this city any time soon.
I would move with the job; the big issue is location. The issue is that a homeowner can have a lot of negative equity in China; this could stop you from selling and moving somewhere else, so can you commute to the new location of the job being offered. What is the travel time like? near by ? so close from sound of things but worst case, short to midterm My work round would be to get a small RV to travel down for work and live in and travel home when not working, and in China, the market for vans, RVs, cars, etc. is a buyers market at the moment. Now could you try to relocate to the home country of the firm? This would be the smart move long-term. Why I looking at Trump and his tariffs, which will affect China badly.
this injection of money will help LG display for awhile, same as OLED production but LG will go tits up in a few painful years no matter where it puts its plants, look at SHARP electronics to see what is happening to LG Display. China will quickly transition to OLED and kill the profitability for all. Then where do you jump? It becomes a pure appliance/commodity biz after.
Soon 9GL electronics will be manufacturing LG products, just cheaper from the same factory.
China economy is going South and this trends is accelerating with more and more companies closing shop . A lot of skilled Chinese workers will be out of job and this has a double knock off on the economy, making things worse.
what took LG so long to exit china. All Japan, and korean Samsung have left long ago
CCP pissed becau now China wont get pregnant... 😂😂😂
BOE panels are shit.
thash why crapple use boe panels
@@AlexMkd1984 I had to return 3 units with the same issue. pure shit💩
Due due Trump tariffs, factories are all rushing to move in time to countries not affected.
why don't they protest in the streets? :P
Life is good ™ right?
Man trump is really changing everything everywhere. Hopefully those jobs will come back to America 👍
Keep complaining. It just helps other companies leave China faster.
TCL are cheap rubbish TV's, I made the mistake of buying 3 of them,.
If it was chinese, they sent home early, and covid release package lol!
How the table turns.
👍👍👍
china's decline seem slow and steady
Many Companies were push out ..maybe the same here but do one talking. Will be another state secret lol
Yes LG is pulling out and sold its China's plants. But you didn't layout all things business do when they do fire sale. That is, when business market collapse amid the advances of domestic competition any location, fire sale is the only option for foreign big business. Why, you may ask!! The only fact of life for foreign business is 'you can leave and take your monies, as much as possibly, but you can't your physical assets with you'!!! 😮😮😮
How do you do business with a ideology that wouldnt care about your profits only their state.
LG needs to fix the problems with OLED panels, they are not lasting long. The TV repair channels that I follow on TH-cam are receiving a lot of OLED TVs that are going bad and the worst thing is if they are out of warranty and not repairable. The design in the manufacture of the panel makes them unrepairable, unless they replace the whole screen. Not good for the future of OLEDs.
China should happy l g built them a big high tech building
Rubbish. Foreign investors are frightened being threatened by US tarrifs 😊😊😢
Or the new anti-espionage laws where everything is considered state secret.
tariffs are a part. but from friends who used to work in Shanghai: Chy-nah has become difficult for outside businesses.
Well he'll at least LG is offering options, most Chinese companies would have screwed over every employee, wouldn't compensate, and would probably not give them their pay for hours worked. TCL is growing because their TV's have steadily been getting really good, I have one, ironically it replaced an LG TV. If TCL continues it's growth it won't be long until a lot of those laid off positions are re-hired.
Lol
LGBTFO
If only there exist a US Observer channel like China Observer to inform us about the US economy? 🤔 💭?
Just about everybody in Europe.
@petergibson2318 ?
@ Comparison of the ultra-high quality of European journalism to the dismal quality of American journalism.
You don’t learn much about the world from American “news” channels. There is no American BBC or DW.
Hehehe here’s another poorly paid black propaganda…so pity so pity.😮😮😮
Lg IPS has low contrast and not good anyways. They are more focus on WOLED. They didn’t want to or not able to improve IPS.
IPS panel market is saturated already and mostly dominated by Chinese products, OLED is rising.
IMO, I usually stay away from OLED monitor panels since it is known not to last long compared to IPS panel like more or less 10 years vs 20 years.
Maybe because of organic part perhaps? dunno. Well profit wise company would prefer focus on OLED if you based on the Planned obsolescence which fits right for average 10 years for OLED.
20 years? Bro that's way too long to have a monitor. in an economy based on consumption in cycles@mikezclips6735