LG display is considering expanding their OLED TV production capacity

Yesterday we posted that LG Display is going to host a press release on Aug 17 during which they will announce a revised business strategy - focused on OLED displays.

Today Reuters reports that LG Display says they are considering additional investment to expand their OLED TV panel production. No decision has been made yet, though.

LGD is currently producing OLED TVs in the M2 fab in Paju, that will reach a capacity of 34,000 monthly Gen-8 substrates (together with the smaller pilot line, that is) by the end of 2015 (which will enable LG to produce 1.5 million OLED TV panels in 2016, up from 600,000 in 2015).

LG Display also has a smaller Gen-4.5 fab used to produce plastic-based OLEDs - with a monthly capacity of 14,000 substrates. LG recently announced plans to build a new 6-Gen (1500x1850 mm) flexible OLED fab in a $900 million investment. The new E5 line will have a capacity of 7,500 monthly substrates - or 1.5 million 5.5" panels, and will begin operation in the first half of 2017.

Posted: Aug 13,2015 by Ron Mertens