Since the OLED display came out, it has become a strong opponent of LCD LCD. Now that the results have been clear, the game between LCD LCD and OLED display may end in the future.
The game between LCD LCD and OLED display may end in the future. According to industry sources, LGD is accelerating the elimination of LCD panels, and it is necessary to shift the focus to OLED.
According to the Korea Business Daily, LG recently closed its 5th generation P4 plant in Gumi (Gumi City), which is another closed LCD production line after the 3.5th generation P2 plant. It is expected that the 4th generation P3 plant will also be closed before the end of the year.
LG has not disclosed any adjustments to the closed factory, but observers generally believe that it will switch to OLED based on the upgrade of existing equipment.
According to LG Display Vice Chairman Han Sang-beom say, on the company for now, we will not have to make any investment in LCD technology. Before 2020, they expect to spend a total of about 120 billion yuan for the development and production of OLED, including but not limited to Paju's P10/E6 production line, Gumi and Guangzhou's E5 production line.
LGD to maintain the current generation LCD panel plant 8 (P8, P9) of the main production line, it has introduced a variety of products having a differentiated, for example, large high resolution display panels and UHD TV. The company plans to invest 20 trillion won (equivalent to US$18.08 billion) in the OLED industry by the end of 2020. The plants are P10 and E6 in Paju, E5 in Gumi, and a factory in Guangzhou, China. On the other hand, LGD recently begun to overweight the next set OLED device, the expansion of small and medium sized OLED panel production capacity. DB SecuriTIes research shows that LGD's investment in OLED equipment will see 8.5 trillion won next year, up 21.4% from this year. The goal is to make the monthly production capacity of small and medium-sized OLEDs reach 37,500.
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