LG Display to Invest US $788M to Expand OLED Production

LG Display has announced plans to invest US $788.1 million in its OLED panel production line to meet growing global demand, according to Korean news source Yonhap News Agency. 

The company intends to expand OLED input sheet production to 34,000 units per month during the second half of 2014 in order to satisfy demands. 

LG Display is optimistic that the OLED sector will grow faster globally compared to CRT and LCD. The company plans to expand its presence in the Chinese market as it has become a “trend setter” in the OLED industry, said Yonhap. The company has joined hands with Chinese manufacturers including Skyworth, ChangHong, and Konka. 

In addition, the company is also looking to take advantage of the growing opportunities in the smartphone and wearable market by expanding small panel OLED production. 

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.

 - Osconiq E 2835 CRI 90 (QD) expands ams OSRAM's portfolio of lighting solutions that provide very high quality in a new mid-power LED. - In-house Quantum Dot technology ensures outstanding efficiency values of over 200 lm/W, even at... READ MORE

San Jose, CA – July 13, 2021 – Lumileds today introduced its new LUXEON 2835 Commercial LEDs engineered and designed to support the growing demand for a high volume, high-efficacy mid-power LED to serve commercial indoor lighting a... READ MORE