LG officials say that LG Display aims to enter the small-sized OLED market with their new flexible OLED panels. The company reiterated their plans to start producing those in the second half of 2013. Some reports suggest that LG Electronics aims to ship the first flexible OLED equipped phone in Q4 2013.
LG also confirmed that the first flexible OLEDs will not really be flexible or bendable. They call this "unbreakable displays" as this will be the main benefit (these panels will also be lighter and thinner compared to regular OLEDs). But this is just the "first phase" towards real flexible displays.
LG Display is currently using their 4.5-Gen OLED fab in Paju to work on these flexible displays. This won't provide them with a a lot of capacity and the company now considers converting its 6.5-Gen LTPS line in Gumi to flexible OLED production, but that hasn't been decided yet.
LG Display's flexible OLEDs will use polyimide coated substrate and direct-emission RGB sub-pixels (as opposed to LG's OLED TV which use an WRGB technology - white OLEDs with color filters).