LG Display announce plans for a $650 million Gen-8 OLED TV fab, will begin production in H1 2014

LG Display announced today that they have decided to install a new Gen-8 OLED TV mass production line in their Paju plant, in a 706 billion Won (about $650 million) investment. LGD will start constructing the new line in Q1 2013 and mass production will begin in H1 2014.

The monthly capacity of LG's new line will be 26,000 substrates - or about 150,000 55" panels. Of course this is assuming 100% yield. LG's yields are currently very low - probably at around 30% (at best). If this remains so, the new line's capacity will be around 50,000 55" panels in a month.

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Posted: Feb 18,2013 by Ron Mertens