According to a report from Korea, LG Display and SK Hynix has agreed to collaborate on OLED microdisplay development and production. The two companies are at the final stage of negotiations.
If this goes through, SK Hynix will produce the backplane silicon wafers, while LG Display will handle the OLED frontplane deposition and encapsulation.
LG Display has been developing OLED microdisplay technologies for several years, and it is now stepping up its efforts and aiming to build its first production line, as it has hopes to supply OLED Microdisplay to Apple in the future. LG is reportedly ordering deposition equipment from Korea-based OLED equipment maker Sunic System, and this agreement with Hynix could be an important step forward.
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