The South Korean government may block LG's 8.5-Gen OLED TV line in Guangzhou

In July 2017 LG Display announced that it has decided to build a 8.5-Gen (2200x2500) OLED line in Guangzhou, China, to make OLED TV panels. This is the first time a Korean company plans to produce OLEDs outside of Korea, and the Korean government is not happy with this plan as it sees OLED as a strategic technology Korea' economy.

LG 2016 OLED TV lineup

According to reports from Korea, The Ministry of Trade, Industry & Energy of South Korea organized a special committee to discuss whether to allow LGD to built its Guangzhou fab. This is the first time that a special committee was formed in Korea for such a matter.

 

LG Display's Guangzhou OLED line, according to plans, will be a joint-venture with the local government (LGD will hold a 70% share). The total cost for this fab will be around $2.3 billion USD. LGD wants to be closer to the Chinese market, which is the largest TV market in the world - and

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Posted: Sep 20,2017 by Ron Mertens