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>> LG Display OLED expansion will have a positive impact on the global TV panel market 14th,August,2017
It is reported that LG Display (LGD) to expand the OLED panel production capacity of the investment plan will OLED panel in the global TV market supply has a profound impact.
LG Display OLED expansion will have a positive impact on the global TV panel market
LGD plans to invest 2.8 trillion won ($ 2.484 billion) in the P10 plant in Paju City, South Korea to build 10.5G large-size OLED production line; in addition, China will invest 1.8 trillion won in Guangzhou 8.5G OLED production line; South Korea Pau City invested 5 trillion won to build 6G POLED (flexible OLED) production line.
According to data provided by Digitimes Research, based on the existing OLED investment, coupled with the 9.6 trillion won investment, from the second half of 2017 to the first half of 2020, LGD OLED production line of the overall expenditure will reach 16.8 trillion won The
Digitimes Research said that by the end of 2017, LG Display's 8.5G OLED production line production will reach 60,000 per month substrate. When the above-mentioned Guangzhou factory officially began operation, the company's annual production of 8.5G production line in 2019 will increase by 60,000 substrates. At the same time, its P10 plant planning 10.5G OLED production line is expected to be commercial operation in 2020, the monthly production of 30,000 substrates.
It is understood that, due to continuous investment, LGD is already the largest supplier of large size OLED panels, will continue to maintain its leading market position.
However, LGD's extensive investment in OLED production lines, particularly in the planning of 8.5G production lines in Guangzhou, will encourage other panel makers to expand their investment in OLED TV panel capacity, thereby helping to increase the popularity of OLED TVs.
The source said, said BOE and Huaxing photoelectric (COST) are also ready to enter the OLED panel market.
According to industry consulting firm Sigmaintell's forecast, the global OLED TV panel shipments will reach 1.6 million units in 2017, an increase of 0.6%. By 2020, OLED TV panel shipments or will reach 400 million units, the penetration rate of 1.6%.
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