LG Display's current production capacity at its 8.5-Gen OLED TV line in Guangzhou is 60,000 monthly substrates. According to a new report from Korea, the company is now expanding the capacity to 90,000 monthly substrates.
The expansion project will be ready by July 2021. In fact the company planned this expansion many years ago, and most of the equipment has already been planned to handle the extra capacity and LG managed to shorten the production time for each substrate (Takt time).
This expanded capacity will enable LG Display to reach its goal of producing over 7 million OLED TV panels in 2021.