LG Display to stop investing in small OLEDs and focus on large panels, plans 55" OLED TVs in 2012

LG Display's CEO (Kwon Young-soo) says that the company decided to stop investing in small/medium sized OLED panels. The company will focus on their AH-IPS (Advanced High Performance In-Plane Switching) LCDs instead - which are more profitable and also has less flows then LGD's OLEDs (update: Kwon Young-soon thinks that Samsung are misleading the public because their OLEDs aren't good enough).

LGD will probably still produce AMOLEDs in the recently opened Gen-4.5 plant (they are already supplying panels to Nokia) - but it seems that LGD will not expand the monthly capacity to 12,000 as planned (currently they make 4,000 substrates a month).

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Posted: Jul 22,2011 by Ron Mertens