Article last updated on: Jun 21, 2021

OLED is an emerging display and lighting technology that enables beautiful and efficient displays and lighting panels. Thin OLEDs are already being used in many mobile devices and TVs.LG V40 ThinQ photo

LG Display - pOLED displays

LG Display is one of the leaders in OLED production. LG Display started producing flexible OLEDs for mobile devices in 2015, initially focusing on small wearable OLEDs - for devices such as Apple's Watch and LG's own wearables.

In October 2017, following a large expansion in LGD's AMOLED production capacity, LG Display started to produce large flexible OLEDs for smartphones. This is when LGD also started to brand its OLED displays as pOLEDs (p is for plastic). LGD now provides its pOLED displays for several smartphone vendors, including Apple.

LGD pOLED production fabs

LG Display has several flexible OLED production fabs. The first one was a pilot 4.5-Gen line, with limited capacity - and so the E2 line is used to produce LGD's flexible wearable OLED displays.

LG Display production hub in Paju

LG Display's second pOLED fab is is its E5 line in Gumi, which has a monthly capacity of 7,500 monthly 6-Gen substrates (or about 1.5 million 5.5" panels at 100% yields). LG Display's thoird line is the E6 line in Paju which is another 6-Gen line, but with a larger capacity of 15,000 monthly substrates.



LG's fourth flexible OLED line may be built at the company's large P10 display production complex in Paju. The P10 will be a large display complex with a total investment of close to $10 billion - but will mostly produce OLED TV panels. It could include a flexible OLED line, but LG's plans are not finalized yet, its seems.

pOLED vs PLED

pOLED is LG Display's brand name for mobile flexible AMOLED displays. Somewhat confusingly, PLED, also called P-OLEDs, are Polymer-based OLED materials - a class of materials pioneered by CDT (now owned by Sumitomo) that can be used to create OLEDs (most OLEDs today use Small Molecule OLED materials). For more on PLEDs, see here.

Further reading

The latest LG pOLED news:

LGD to increase pOLED production capacity in a $2.8 billion investment

A few weeks ago LG Display noted that it is reviewing a plan to expand the capacity of its mobile OLED production plants, and today LGD announced its formal plan to invest 3.3 trillion Won (around $2.8 billion) to expand pOLED capacity.

LGD will expand its 6-Gen AMOLED production capacity, and this expansion project will finish by March 2024. LGD did not provide any more details about this plan. LGD is enjoying high demand for its mobile AMOLED displays, with Apple one of its major customers.

LG Display reports solid Q1 2021 results, will decide on OLED TV capacity expansion by Q3 2021

LG Display announced its financial results for Q1 2021. The company reported sales of $6.2 billion, an operating income of $469.5 million and net profit of $238 million. Sales were lower (by 8%) compared to Q4 2020, but higher by 46% from Q4 2020. LGD remained profitable for the third consecutive quarter.

LG OLED evo G1 TV photo

LG Display announced its financial results for Q1 2021. The company reported sales of $6.2 billow, an operating income of $469.5 million and net profit of $238 million. Sales were lower (by 8%) compared to Q4 2020, but higher by 46% from Q4 2020. LGD remained profitable for the third consecutive quarter.

Omdia: LG Display holds a 92.5% share of the Automotive AMOLED market

Market research company Omdia estimates that LG Display held a 92.5% share in the automotive AMOLED panel market in 2020, in terms of sales. Samsung Displays accounted for 6.9% and BOE 0.6%.

Mercedes Benz 12.8'' OLED screen in the 2021 S-Class

LG 12.8-inch P-OLED in Mercedes Benz 2021 S-Class

OMDIA estimates that the total AMOLED automotive market in 2020 was 240,000 units, and says that the market will experience a fast growth of 60% CAGR to reach 4.4 million units in 2025.

LG Display reports good results for Q4 2020, driven by strong demand for OLED TV and pOLED panels

LG Display reported its financial results for Q4 2020. Revenues reached $6 billion USD, up 11% from Q3 2020 and 16% from Q4 2019. Net profits jumped to $555 million, up from $10 million in Q3 2020 and a loss of $1.6 billion in Q4 2019.

LG OLED evo G1 TV photo

LG Display says that demand for TV and IT products remained strong as the global work-from-home situation continued. Shipments of OLED TV panels and p-OLED smartphone panels increased meaningfully.

LGD reports a profitable quarter for the first time since 2018 as OLED sales grow

LG Display reported its financial results for Q3 2020, with a net profit (of $9.8 million) - which was the company's first profitable quarter since 2018. Revenues in the quarter were $5.9 billion, up 27% from the previous quarter and up 16% from Q3 2019.

LG ZX OLED TV photo

LG Display says that its turnaround was due to increased demand for IT displays and OLED displays - both OLED TV panels and flexible OLEDs for smartphones. Profitability was also assisted by the mass production that finally began at LGD's new OLED TV fab in Guangzhou. Next year LGD says it aims to ship over 7 million OLED TV panels.

LGD reports its financial results for Q3 2020, with lower demand for OLED TVs and pOLEDs

LG Display reported its financial results for Q2 2020 - with revenues up 12% over last quarter, as the company enjoyed an increase in demand for IT panels (monitors, notebooks, tablets). But lower demand for TVs and lower utilization at its POLED fabs increased LGD's operating loss.

LGD P10 OLED fab, Paju Korea (March 2019)

LG Display says it expects its Q3 revenues and operation profit to improve - as mass production of OLED TV panels in Guangzhou finally started, and the company will ship pOLED panels to Apple's iPhone 12 in the next quarter. LG maintains its 4.5-5 million OLED TV panel shipment forecast for the whole of 2020.

The Elec: LG and Samsung will supply AMOLEDs to Apple's iPhone 12

The Elec reports that Apple ordered around 55 million AMOLED panels for its iPhone 12 smartphone series, which will be announced later this year. LG Display will supply around around 20 million AMOLEDs - which is a big increase from the 5 million OLEDs LGD supplied for Apple's previous generation phones.

Apple iPhone 11 Pro photo

According to The Elec, LG will supply the panels for Apple's iPhone 12 Max (6.1"), while Samsung will supply all the panels for the iPhone 12 (5.4"), iPhone 12 Pro (6.1") and iPhone 12 Pro max (6.7").

Cambridge Isotope Laboratories - Deutreated Reagents and High-Purity Gases for OLEDsCambridge Isotope Laboratories - Deutreated Reagents and High-Purity Gases for OLEDs