Breaking News

G.SKILL Announces T5 Neo Series DDR5-6400 CL38 512GB (64GBx8) Overclocked R-DIMM Memory Kit with AMD EXPO Support for AMD Ryzen Threadripper PRO Workstations ZOTAC to Launch GeForce RTX 5090 ARCTICSTORM AIO & GeForce RTX 5060 Low Profile KIOXIA Commences Sample Shipments of 9th Generation BiCS FLASH 512Gb TLC Devices Synology Unveils DiskStation DS225 Plus New PS5 system update beta previews DualSense wireless controller pairing across multiple devices

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

LG Display Invests KRW 1.99 Trillion in Flexible OLED Display Production

LG Display Invests KRW 1.99 Trillion in Flexible OLED Display Production

Enterprise & IT Jul 27,2016 0

LG Display, Apple's main provider of displays, announced today that it will invest KRW1.99 trillion in a new 6th generation (1,500mm x 1,850mm) flexible OLED display production line in Paju, South Korea, as part of its efforts to lead the era of flexible OLED screens for mobile devices. Dr. Sang-Beom Han, CEO and Vice Chairman of LG Display, said "A paradigm shift to OLED represents both a challenge and an opportunity for the display industry." He added, "LG Display is determined to become the leader in the fast-growing OLED market through timely investments to maximize efficiency."

The new production line, E6, will be installed at its P9 plant in Paju with KRW 500 billion already invested to build supporting infrastructure. The E6 line is scheduled to start mass production in the second half of 2018 and will produce 15,000 input sheets per month. In addition to this new line, LG Display already has a 4.5th generation flexible OLED display production line (E2) in Paju, and is building another new 6th generation production line (E5) in Gumi which was announced in July 2015.

LG Display announced in November 2015 that it planned to invest a total of more than KRW 10 trillion for the new P10 plant in Paju to produce mainly OLED displays including large-size OLED displays and flexible OLED displays. With the investment in P10, which is now under construction, and the expansion of the P9 facility, the company is laying a firm foundation to lead the next generation market for smartphones with its advanced OLED technology.

LG Display introduced the first 55-inch OLED TV display in January 2013. It also introduced the era of flexible OLED displays with the world’s first plastic substrate-based 6-inch flexible OLED display for smartphones in October 2013 and the world’s first 1.3-inch circular flexible OLED display in September 2014.

According to IHS DisplaySearch, a global market research firm, the flexible OLED market is expected to grow rapidly with shipments increasing from 59 million in 2016 to 416 million in 2020.

LG_display, POLED

Tags: LG DisplayPOLED
Previous Post
Twitter's Video Advertising Expansion Remains Slow
Next Post
Nintendo Reports First-quarter Loss

Related Posts

  • LG Display Begins Mass Production of Ultimate Gaming OLED Panel with 4th-Generation OLED Technology

  • Securing a Future Market Lead Through OLED Technology Differentiation

  • LG Display to Showcase World's Best Solutions for Future Mobility at SID Display Week 2025

  • LG Display Becomes Worlds First to Verify Commercialization of Blue Phosphorescent OLED Panels

  • LG Display Earns Industrys First UL Solutions Eyesafe Verification for TVs and Monitors

  • LG Display Targets Gaming Market with OLED Monitor Panel

  • LG Display Unveils 4th-Generation OLED Panel Optimized for AI Era

  • LG Display Succeeds in Developing World's First Stretchable Display that Expands by 50 Percent

Latest News

G.SKILL Announces T5 Neo Series DDR5-6400 CL38 512GB (64GBx8) Overclocked R-DIMM Memory Kit with AMD EXPO Support for AMD Ryzen Threadripper PRO Workstations
PC components

G.SKILL Announces T5 Neo Series DDR5-6400 CL38 512GB (64GBx8) Overclocked R-DIMM Memory Kit with AMD EXPO Support for AMD Ryzen Threadripper PRO Workstations

ZOTAC to Launch GeForce RTX 5090 ARCTICSTORM AIO & GeForce RTX 5060 Low Profile
GPUs

ZOTAC to Launch GeForce RTX 5090 ARCTICSTORM AIO & GeForce RTX 5060 Low Profile

KIOXIA Commences Sample Shipments of 9th Generation BiCS FLASH 512Gb TLC Devices
Enterprise & IT

KIOXIA Commences Sample Shipments of 9th Generation BiCS FLASH 512Gb TLC Devices

Synology Unveils DiskStation DS225 Plus
Enterprise & IT

Synology Unveils DiskStation DS225 Plus

New PS5 system update beta previews DualSense wireless controller pairing across multiple devices
Gaming

New PS5 system update beta previews DualSense wireless controller pairing across multiple devices

Popular Reviews

be quiet! Light Loop 360mm

be quiet! Light Loop 360mm

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Noctua NH-D15 G2

Noctua NH-D15 G2

Soundpeats Pop Clip

Soundpeats Pop Clip

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

be quiet! Pure Base 501

be quiet! Pure Base 501

Terramaster F8-SSD

Terramaster F8-SSD

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed