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Another factor that can cause screen flickering issues on your LG TV is a backlight problem. Using 100% of the backlight can reduce the lifespan of your TV screen which can lead to flickering issues.
Samsung has thrown a lot of shade at LG's OLED TVs over the years over potential burn-in problems. Have the tables finally turned?
The problem with that screen is that you can only achieve the full 480Hz at 1080p resolution. This new display can do it at 1440p (or QHD, if you prefer).