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May 06, 2012

OLEDNet posted an article with some new details about LG's upcoming 3.5-Gen flexible OLED line in LG's Paju plant (E2), Korea. According to the report, LG contracted Jusung Engineering and Avaco to supply the equipment. Both companies will supply encapsulation equipment. The deals are worth 11.4 billion Won (about $10 million) for Jusung and 7.6 billion Won ($6.7 million) for Avaco.

UDC Flexible OLED Display Concept photo from CES 2009

OLEDNet says that total cost for this new line (which is actually an extension of the existing pilot line) is worth 200 billion Won ($176 million).

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