According to ETNews, LG Display's Vice-Chairman said that the company's goal is to ship 1 million OLED TV panels in 2016 and 1.5 million in 2017. In 2015, LGD shipped around 400,000 OLED panels.

LG OLED waves, Seoul Tower

LG's original plan was to sell 600,000 OLED TV panels in 2015 and 1.5 million in 2016. The company later said they will ship less panels in 2015 as more customer want larger panels (65" over 55") which means that LG can produce less panels each month.

A million panels in 2016 will be more than double that of 2015 which is nice, but a 50% increase in 2017 may be disappointing for some. But it was actually expected. In August 2015 LG Display announced plans to invest around $8.5 billion in OLED capacity in the next three years as the company shifts its focus to OLED displays. In November 2015, the company further detailed their OLED plans, announcing the P10 fab that will mainly make large-size OLED TV panels (Gen-9 lines) and flexible OLED panels. But the P10 is only scheduled to start mass producing OLEDs in H1 2018.




   > meters /units   > 2016 - /980,000   > 2017 - 70,000/4,200,000   > 2018 - 860,000/25,000,000   > 2019 - 45,000,000/360,000,000