LG Display builds the first factory in the world 10G for production of OLED panels

LG Display is building a new plant, which will produce OLED panel. Factory P10 will be the first in the world that manufactures OLED panel using the substrate 10G. It is expected that with the introduction of its capacity into operation, the volume of production of OLED TVs will increase significantly and prices will fall. In LG Display expects to complete construction in the second quarter of next year. Costs are estimated P10 2.64 billion.

According to the source, the factory will install the equipment manufactured by the South Korean company YAS. Previously, the company LG has already supplied equipment for the production of OLED panels, but it was designed for the substrate size 8G.

Focusing in recent years on the improvement of OLED technology, LG Display was able to increase the percentage of usable products to very high values exceeding 80%.

Source: ET News



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