Posts

LGD Invests KRW 1.99 Trillion in Flexible OLED Line

/0 Comments/in /by

LGD will invest KRW 1.99trillion in 6G flexible OLED line. (Source = LGD)

Hyunjoo Kang / jjoo@olednet.com
LG Display, the world’s leading innovator of display technologies, 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 preemptive efforts to change and lead the approaching 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 was the first to introduce the era of large-size OLED TVs with its world’s 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 OLED display for smartphones in October 2013 and the world’s first 1.3-inch circular flexible OLED display in September 2014. LG Display has established an industry reputation for its recognized expertise and knowledge of flexible OLED displays.
OLED specializing research company UBI Research expects flexible OLED shipment to greatly increase to approximately 653.1 million units in 2020 from 76.7 million units in 2016. Another display market research company IHS estimates the flexible OLED market will grow to 416 million units in 2020 from 59 million units in 2016.
According to IHS DisplaySearch, this market is expected to grow rapidly with shipments increasing from 59 million in 2016 to 416 million in 2020.

 

[Light+Building 2016]LG Display to Showcase Cutting-edge OLED Light Products and Solutions

/0 Comments/in /by

Hyun Joo Kang, Editor, OLEDNET

LG Display announced today that it is showcasing its latest advanced OLED light products and solutions at Light+Building 2016, one of the leading global trade fairs for lighting and building services technology, in Frankfurt, Germany, from March 13th to 18th.

Eleven OLED light panels are being exhibited along with four solutions using the panels. LG Display is highlighting the key advantages of OLED light, including the design flexibility that makes it suitable for different applications and venues, as well as its supreme light quality which is closest to natural light, thereby making people feel comfortable and reducing eye fatigue.

The company is exhibiting four solutions using OLED light panels:

Flexible Solution Section

The flexible OLEDs can be used to create unique and creative decorative lighting fixtures. The creativity in design increases along with the length of the panels. The flexible OLED light panels are light-weight and unshatterable. There are applications using 200x50mm flexible panels and 406x50mm flexible panels. The main highlight in this section is an application using many 320x320mm flexible panels.

Transparent Connection Solution Section

The LG Display OLED light panel generates a floating light effect by attaching the panel to glass and providing power through metal mesh transparent conductive film. It can be applied to display cabinets, shelves, and furniture. Especially when it is applied to shelves at stores, the lack of heat preserves product quality while the lack of shadow makes them more visually appealing to customers. The simplicity of OLEDs opens up the possibilities of various designs and applications.

Mirror Solution Section

By embedding the OLEDs into mirrors, LG Display has created a solution that can have a variety of uses. It can be used as a mirror in upscale hospitality settings or as a unique display box in high-end retail stores. When other light sources are used in a mirror solution, they tend to make the mirror too thick whereas OLED keeps the mirror thin and also minimizes glare.

Module Solution Section

OLED light panels allow for easy installation in diverse settings. LG Display is introducing super-slim OLED light modules at the fair with a simple aluminum housing that connects multiple panels into each module, generating unique and sleek designs. The company is showcasing the module solutions in order to demonstrate how well OLED light can be applied to interior design and architecture. It is committed to develop other solutions in order to encourage more and more people to easily use OLED lights.