In July 2017, LG Display announced its plans to build a 8.5-Gen (2200x2500) OLED TV production line in Guangzhou, China. Following many delays, LGD got the approval for its new OLED TV fab from both the Korean and Chinese governments in July 2018 and started constructing the fab, with an investment of about $4.2 billion.
Today LG Display announced that the Guangzhou fab will start production in August 2019. The fab will begin with test runs in July but it seems that LGD is confident that mass production will begin next month. The initial capacity of this new fab will be 60,000 monthly substrates, which will bring LGD's total OLED TV capacity to 130,000 monthly 8.5-Gen substrates (i.e. will almost double its current capacity).
The Guangzhou fab will eventually have 2 lines, with a total capacity of 90,000 monthly substrates. It is not clear when the second line will begin operation, though.
LGD hopes that the new Chinese fab will enable it to cut production costs due to lower wages and government subsidies. DSCC estimates that the subsidies will reduce LGD's depreciation costs by 65%. An unexpected bonus may be that this fab could enable LGD to circumvent Japan's recent export ban on Korea.