ETNews: LGD agreed to supply 100,000 OLED TV panels to Sony each year

In December 2016 we posted that Forbes speculates that Sony may announce an OLED TV lineup at CES 2017 - and this was confirmed by LG Display and the OLED Association a few days later.

Sony 56-inch OLED TV Prototype, 2014Sony 56-inch OLED TV Prototype, 2014

Korean news site ETNews now updates that the supply contract between LGD and Sony was officially signed. LGD will begin to supply OLED TV panels to Sony in Q2 2017, and has agreed to supply Sony with about 100,000 TVs each year.

 

This is a relatively small volume, but LGD could not agree to supply more panels to Sony as its production capacity is limited. A few months ago LGD said its monthly production capacity is currently around 100,000 panels (it depends on the ratio of 55-inch and 65-inch panels) - and it expects to increase that rate to be able to make around 2 million panels in 2017. In 2018 LGD aims to be produce 2.5 million panels.

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Posted: Jan 03,2017 by Ron Mertens