Towards the end of 2015 LG Display announced that it plans to build a new OLED fab (P10) in Paju in a $8.7 billion investment to produce both mid-sized flexible OLED and large-sized OLED TV panels. Production was planned for the first half of 2018.
According to a new report from Korea, LGD decided to scrap these plans and use the P10 fab to produce LCD panels and not OLEDs. LGD will establish a 10.5-Gen production line and will start making large-area LCDs (mostly 75" TV panels) towards the end of 2018.
The reports says that LGD made this choice because the OLED TV market is not expected to expand as fast as it originally thought. This is a bit strange as only a few weeks ago LG said that it is increasing its OLED investments.
It is likely (and even hinted by LG before) that the P10 will produce both LCDs and OLEDs, and not just LCDs as this new report suggests.