Business Korea: LGD to start ordering equipment for its P10 OLED TV fab by the end of this month

According to Business Korea, LG Display is likely to start investing in its P10 10.5-Gen OLED TV fab in Paju by the end of the month (Q1 2019). Total investment in the P10 production fab is estimated to reach almost $10 billion.

LGD P10 OLED fab, Paju Korea (March 2019)

LGD was supposed to start ordering equipment for the P10 line towards the end of 2018, but the company delayed these plans - according to an earlier BK report, LGD delayed the P10 fab in late 2018 as it found the shift to new 10.5-Gen substrates more challenging than it earlier expected, and in addition it wanted to focus on its upcoming 8.5-Gen line in Guangzhou first. Apparently LGD is now ready to start building the P10 line.

Today we have visited LGD's Display City production hub in Paju, and have seen the P10 building, as you can see in the photo we took above. We will soon post more about our Visit to LGD, so stay tuned.

Source: 
Posted: Mar 08,2019 by Ron Mertens