LG Display delays its P10 10.5-Gen OLED TV fab to 2025

In July 2019, LG Display announced an additional investment of $2.5 billion in its upcoming P10 10.5-Gen OLED TV fab in Paju. In June 2019 it was reported that LG display has started to install some of the Oxide-TFT deposition equipment. According to LG's original plans, mass production at the P10 fab was supposed to begin in 2021 or 2022, but this was later delayed to 2023.

LGD P10 OLED fab, Paju Korea (March 2019)

It is now reported that LG Display has decided to delay the mass production at the P10 fab to 2025 or 2026 - this pretty much means the project is now on hold. LG Display is currently seeing lower demand for OLED TV panels, due to the Coronavirus pandemic.

Posted: Jul 08,2020 by Ron Mertens