The Korean government is funding a new program ("Future Flagship Program") that will develop transparent and flexible OLED technologies with an aim to produce ultra high-definition 60" flexible OLED displays by 2017. The project will be led by LG Display, and will also include equipment-maker Avaco.
The Korean Ministry of Knowledge Economy is spearheading the program, and they say that this technology may have a large impact on the Korean economy, creating 840,000 jobs and $56 billion in yearly exports. It will also help to widen the technological gap between Korea and China in the display sector. The Korean government chose several key technologies that will help to further develop the industry, and OLED is one of them.
LGD and Avaco are already collaborating on flexible OLED equipment, and Avaco was chosen to supply equipment (worth $6.7 million) to LG's upcoming flexible OLED pilot production line. Reports suggest that LG will start construction by 3Q 2012, and the new line will become active by the end of 2012. An LGD official said that it will take 1-2 years to develop and verify the process and produce prototypes. These will be small plastic-based OLEDs, though.
LG Display's flexible OLEDs will use the same technology as Samsung's flexible prototypes - a polyimide coated substrate and direct-emission RGB sub-pixels (as opposed to LG's OLED TV which use WOLED with color filters). Of course it's unknown what kind of technologies and architectures will be used in the future large flexible/transparent panels being planned in the new project.
source: The Korea Herald