LG Display established a new OLED division, to handle all its OLED development and production efforts under one organization. This new division, which will be led by LGD's CTO, Yeo Sang-deog, will also manage OLED panel marketing and sales.
At this stage, LG Display is mostly focused on OLED TV panel production and flexible OLED development. LGD's OLED TV panel sales increased 20X in 2014 compared to 2013, and with the upcoming M2 production fab which should start operation any day now, OLED TV capacity is expected to quadruple in 2015.
LG also has a small plastic-OLED production line, and they busily expanding production and developing new technologies. LG sees tablets with flexible OLEDs and bendable phones arriving in 2016 and rollable devices (including rollable TVs) in 2017 or so. Earlier this year, LGD unveiled 18" rollable OLED prototypes.
I just bought one of the last Panasonic plasmas here in Israel, hope it'll be replaced with an OLED soon.
Thank you Mr. Oled for this great news site,
James