LG Display has selected high value-added medical video business as a future growth business and is focusing its capabilities on developing and fostering differentiated products.
LG Display made an announcement on Feb. 23 that it will develop the world's first Oxide Thin Film Transistor (TFT) for Digital X-ray Detector (DXD) with the large size (43cm×43cm, 35cm×43cm) and enter the medical X-ray video market using differentiated Oxide TFT1 technology.
TFT for DXD is a key component of DXD, which is responsible for making X-ray results into digital files and sending them to PCs, and the demand for the TFT is surging thanks to an increase in X-ray shootings to determine the diagnosis of Covid-19 and the progress and severity of the disease.
Existing TFTs for DXD use a-Si and are vulnerable to noise such as afterimage, making it difficult to implement high-definition images for accurate diagnosis of diseases, and were limited to use in surgical X-ray devices that require high-speed video shooting.
LG Display's first large-scale medical Oxide TFT, which was developed for the first time in the world, implemented high-definition images and high-speed videos with 100 times faster electronic mobility and 10 times lower noise characteristics than the existing a-Si TFT.
In particular, it has the advantage of being able to excel in low-power mobile and portable X-rays, which are commonly used outside such as COvid-19 screening clinics.
LG Display is planning to actively target high value-added medical X-ray video markets by supplying Oxide TFT for DXD to DRTECH, one of the leading global DXD companies, and signing supply contracts with various global DXD companies.
Meanwhile, according to global market research firm Omdia, the medical DXD market worth 1.95 billion dollars (about 2.15 trillion won) is expected to grow rapidly by 30 percent to 2.53 billion dollars (about 2.8 trillion won) in 2024.