The world’s largest display device maker, LG Display, is stepping up and down in the OLED field.
Today, LG Display announced that it will invest a further 1.99 trillion won to build a new six-generation (1500mm1850mm substrate) flexible OLED production line at the Paju Plant in Gyeonggi, South Korea. LG Display said the production line is mainly used for the production of flexible OLED screens for mobile devices.
LG Display Vice President Han Xiangfan said to the outside world that the transition to OLED for the display industry is a challenge and an opportunity. Therefore, LG Display will firmly invest and improve its efficiency, thus becoming a leader in the rapidly growing OLED market.
The new production line “E6†will be deployed in the P9 plant in Paju, South Korea. The planned production capacity is 15,000 pieces per month, and it is expected to be produced in the second half of 2018. In order to increase construction efficiency, the company had previously invested 500 billion won in infrastructure. As a supplement to the new production line, the company had previously established a 4.5-generation flexible OLED panel production line E2 in Paju, South Korea. At the same time, a G6 line E5 has been built at Gumi Plant in Gyeongsangbuk-do, South Korea, and was announced in July 2015.
In November last year, LG Display announced a major investment plan and invested more than 10 trillion won to establish a new P10 plant for OLED panel production in Paju, South Korea. P10 will produce a variety of products including large-sized OLED panels and flexible OLED panels. OLED products. The construction of the P10 plant will be combined with the expansion of the P9 plant. With advanced OLED technology, it will become a solid foundation for the company to lead the next generation of smart phones and other new markets.
LG Display began to bet big in the OLED market long ago. In January 2013, the company's first mass-produced 55-inch OLED TV panel was the first to bring large-size OLEDs to the world. In October of the same year, the company once again released the world's first 6-inch flexible OLED panel using a plastic substrate, demonstrating the future of smart phones for the world. In September 2014, the company demonstrated the world's first 1.3-inch round flexible OLED panel, once again leading the smart watch market. A series of pioneering initiatives have enabled LG Display to establish a professional image and reputation in the field of flexible OLEDs worldwide.
According to IHS, a market research organization, flexible OLED market shipments will grow rapidly from 59 million units in 2016 to 416 million units in 2020.
Today, LG Display announced that it will invest a further 1.99 trillion won to build a new six-generation (1500mm1850mm substrate) flexible OLED production line at the Paju Plant in Gyeonggi, South Korea. LG Display said the production line is mainly used for the production of flexible OLED screens for mobile devices.
The new production line “E6†will be deployed in the P9 plant in Paju, South Korea. The planned production capacity is 15,000 pieces per month, and it is expected to be produced in the second half of 2018. In order to increase construction efficiency, the company had previously invested 500 billion won in infrastructure. As a supplement to the new production line, the company had previously established a 4.5-generation flexible OLED panel production line E2 in Paju, South Korea. At the same time, a G6 line E5 has been built at Gumi Plant in Gyeongsangbuk-do, South Korea, and was announced in July 2015.
In November last year, LG Display announced a major investment plan and invested more than 10 trillion won to establish a new P10 plant for OLED panel production in Paju, South Korea. P10 will produce a variety of products including large-sized OLED panels and flexible OLED panels. OLED products. The construction of the P10 plant will be combined with the expansion of the P9 plant. With advanced OLED technology, it will become a solid foundation for the company to lead the next generation of smart phones and other new markets.
LG Display began to bet big in the OLED market long ago. In January 2013, the company's first mass-produced 55-inch OLED TV panel was the first to bring large-size OLEDs to the world. In October of the same year, the company once again released the world's first 6-inch flexible OLED panel using a plastic substrate, demonstrating the future of smart phones for the world. In September 2014, the company demonstrated the world's first 1.3-inch round flexible OLED panel, once again leading the smart watch market. A series of pioneering initiatives have enabled LG Display to establish a professional image and reputation in the field of flexible OLEDs worldwide.
According to IHS, a market research organization, flexible OLED market shipments will grow rapidly from 59 million units in 2016 to 416 million units in 2020.